Funding you earn now, next payment 00:00 UTC−0.0039%/8h= −4.3% APRnext payment −$0.39 per $10,000 · paid last 24h +0.007%
Price spread now: OKX against Gate−0.110%7-day average −0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$480.476% of the position
Funding, last 7 days+0.032%+$3 on $10k
+Price spread, last 7 days+0.093%+$9 · spread now −0.110%, 7d avg −0.020%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and OKX is 0.091% cheaper against Gate than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.020%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate WLD_USDT | 0.4536 | 0.0100 | pay 0.0100% / 8h | 2h 36m | $7.4M | $34.4M | 75x |
| Short | OKX WLD-USDT-SWAP | 0.4531 | 0.0061 | get 0.0061% / 8h | 2h 36m | $34.0M | $137.2M | 50x |
Gate WLD_USDT
OKX WLD-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Gate. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$8.17
- Price spread: −0.110% → −0.020%
- −$9.05
- Slippage, 4 orders
- −$22.63
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$64.86
- Costs to cover
- 0.476%
- Break-even
- never at this rate
Slippage from Gate: live order book, 2 min ago; OKX: live order book, 3 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Gate live order book, 2 min ago | 2.21 bp | 16.6 bp −$17 | 39.5 bp −$395 | 76.5 bp −$7,651 | doesn't fit |
| Sell OKX live order book, 3 min ago | 1.10 bp | 9.7 bp −$10 | 26.3 bp −$263 | 216.1 bp −$21.6K | doesn't fit |
WLD on 38 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kalshi KXWLDPERP | −0.0581% | 8h | 0.4537 | +0.022% | $44K | $3.8M | 1.7x | as long as short |
| Variational Omni WLD | −0.0037% | 8h | 0.4543 | +0.144% | $2.1M | $1.6M | — | as long as short |
| Orderly PERP_WLD_USDC | −0.0026% | 8h | 0.4534 | −0.044% | $28K | $918K | 10x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4540 | +0.078% | $155K | $6K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4545 | +0.198% | $136K | $889K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4534 | −0.053% | $56K | — | 150x | as long as short |
| KuCoin WLDUSDTM | +0.0015% | 8h | 0.4535 | −0.022% | $7.0M | $10.7M | 50x | as long as short |
| Nado WLD-PERP | +0.0049% | 1h | 0.4535 | −0.011% | $271K | $168K | 5x | as long as short |
| Phoenix WLD | +0.0052% | 1h | 0.4536 | −0.007% | $5K | $52K | 10x | as long as short |
| OKX WLD-USDT-SWAPshort | +0.0061% | 8h | 0.4531 | −0.110% | $34.0M | $137.2M | 50x |
Kalshi KXWLDPERP
Variational Omni WLD
Orderly PERP_WLD_USDC
dYdX WLD-USD
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
KuCoin WLDUSDTM
Nado WLD-PERP
Phoenix WLDShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit WLDUSDT | +0.0096% | 8h | 0.4533 | −0.066% | $65.0M | $80.0M | 50x | as long as short |
| Hyperliquid WLD | +0.0100% | 1h | 0.4540 | +0.097% | $47.0M | $40.7M | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4538 | +0.046% | $208K | $981K | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4537 | +0.016% | $50K | $482K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4536 | −0.007% | $85.7M | $291.5M | 75x | as long as short |
| Gate WLD_USDTlong | +0.0100% | 8h | 0.4536 | long leg | $7.4M | $34.4M | 75x | |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4535 | −0.022% | $52.5M | $47.0M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4533 | −0.066% | $30.0M | $25.1M | 75x | as long as short |
| BingX WLD-USDT | +0.0100% | 8h | 0.4535 | −0.022% | — | $67.9M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4543 | +0.157% | $129K | $274K | 10x | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4544 | +0.185% | $27K | $315K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4543 | +0.156% | $613K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4542 | +0.132% | $55K | $226K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4536 | −0.004% | $54K | $1.7M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4547 | +0.243% | $22K | $1.5M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4542 | +0.132% | $198 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4539 | +0.066% | $856K | $1.8M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4543 | +0.154% | $1.8M | $3.8M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4533 | −0.077% | $132K | $745K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4545 | +0.187% | $31K | $5K | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4536 | −0.003% | — | — | 20x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0217% / S −0.0307% | 1h | 0.4535 | −0.011% | $12K | — | 100x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4545 | +0.198% | $4.9M | $802K | 75x | as long as short |
| Injective WLD/USDC PERP | +0.0374% | 1h | 0.4622 | +1.896% | $6K | $139K | 5.5x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0400% | 1h | 0.4544 | +0.176% | $281K | $1.6M | 50x | as long as short |
| 01 Exchange WLDUSD | +0.0472% | 1h | 0.4538 | +0.035% | $325 | $77 | 5x | as long as short |
| Lighter WLD | +0.1040% | 1h | 0.4545 | +0.190% | $5.1M | $2.0M | 10x | as long as short |
| Kraken Futures PF_WLDUSD | +0.1098% | 1h | 0.4545 | +0.191% | $923K | $2.6M | 50x | as long as short |
Bybit WLDUSDT
Hyperliquid WLD
Aster WLDUSDT
Pacifica WLD
Binance WLDUSDT
MEXC WLD_USDT
Bitget WLDUSDT
BingX WLD-USDT
Backpack WLD_USDC_PERP
edgeX WLDUSDC
GRVT WLD_USDT_Perp
ApeX Omni WLDUSDT
Polymarket Perps WLD-USD
SunX WLD-USDT
SoDEX WLD-USD
HTX WLD-USDT
Phemex WLDUSDT
Extended WLD-USD
Aevo WLD-PERP
Reya WLDRUSDPERP
GMX WLD/USD [ETH-USDC]
BloFin WLD-USDT
Injective WLD/USDC PERP
Coinbase International WLD-PERP-INTX
01 Exchange WLDUSD
Lighter WLD
Kraken Futures PF_WLDUSD