Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.042%
Price spread now: BloFin against GRVT+0.322%7-day average +0.072% · you sell dearer than you buy
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$500.496% of the position
Funding, last 7 days+0.164%+$16 on $10k
+Price spread, last 3 days (all we have)−0.095%−$10 · spread now +0.322%, 7d avg +0.072%
=Together, before fees+0.069%+ Points / potential airdropGRVT: Active · farm board+$7 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.250% dearer against GRVT than usual: you sell high and buy low: +$25 more if the spread goes back to its 7-day average of +0.072%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT WLD_USDT_Perp | 0.4612 | 0.0100 | pay 0.0100% / 8h | 7h 39m | $609K | $1.9M | 10x |
| Short | BloFin WLD-USDT | 0.4627 | 0.0220 | get 0.0220% / 8h | 7h 39m | $4.9M | $831K | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against GRVT. 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
- $25.2
- Price spread: +0.322% → +0.072%
- $24.97
- Slippage, 4 orders
- −$28.59
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $0.57
- Costs to cover
- 0.496%
- Break-even
- 6.8 days
Slippage from GRVT: live order book, 4 min ago; BloFin: live order book, 4 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 GRVT live order book, 4 min ago | 1.09 bp | 20.7 bp −$21 | 30.4 bp −$304 | 1269.9 bp −$127.0K | doesn't fit |
| Sell BloFin live order book, 4 min ago | 3.25 bp | 9.8 bp −$10 | 12.7 bp −$127 | 51.0 bp −$5,104 | 132.0 bp −$66.0K |
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 | −0.0188% | 8h | 0.4629 | +0.365% | $58K | $3.9M | 1.7x | as long as short |
| Nado WLD-PERP | −0.0027% | 1h | 0.4627 | +0.333% | $279K | $169K | 5x | as long as short |
| KuCoin WLDUSDTM | −0.0014% | 8h | 0.4621 | +0.192% | $7.0M | $11.1M | 50x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4631 | +0.415% | $165K | $13K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4625 | +0.279% | $124K | $863K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4625 | +0.281% | $57K | — | 150x | as long as short |
| Injective WLD/USDC PERP | +0.0038% | 1h | 0.4597 | −0.328% | $6K | $185K | 5.5x | as long as short |
| Orderly PERP_WLD_USDC | +0.0042% | 8h | 0.4624 | +0.257% | $28K | $903K | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4628 | +0.340% | $193K | $984K | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4633 | +0.452% | $54K | $482K | 5x | as long as short |
Show all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance WLDUSDT | +0.0100% | 8h | 0.4628 | +0.344% | $87.6M | $304.1M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4628 | +0.344% | $66.5M | $82.3M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4627 | +0.322% | $34.7M | $144.7M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4626 | +0.300% | $7.6M | $35.3M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4627 | +0.322% | $47.1M | $53.3M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4626 | +0.300% | $30.7M | $26.1M | 75x | as long as short |
| BingX WLD-USDT | +0.0100% | 8h | 0.4626 | +0.300% | — | $67.1M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4628 | +0.339% | $138K | $280K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4618 | +0.122% | $2.1M | $1.7M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4618 | +0.128% | $27K | $316K | 20x | as long as short |
| GRVT WLD_USDT_Perplong | +0.0100% | 8h | 0.4612 | long leg | $609K | $1.9M | 10x | |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4622 | +0.214% | $54K | $229K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4627 | +0.331% | $56K | $1.6M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4629 | +0.365% | $23K | $1.5M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4623 | +0.235% | $215 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4628 | +0.344% | $861K | $1.8M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4621 | +0.192% | $1.8M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4621 | +0.193% | $234K | $847K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4624 | +0.264% | $31K | $600 | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4624 | +0.253% | — | — | 20x | as long as short |
| Phoenix WLD | +0.0157% | 1h | 0.4615 | +0.068% | $5K | $53K | 10x | as long as short |
| BloFin WLD-USDTshort | +0.0220% | 8h | 0.4627 | +0.322% | $4.9M | $831K | 75x | |
| GMX WLD/USD [ETH-USDC] | L +0.0229% / S −0.1268% | 1h | 0.4626 | +0.294% | $5K | — | 100x | as long as short |
| 01 Exchange WLDUSD | +0.0248% | 1h | 0.4632 | +0.435% | $331 | $77 | 5x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0326% | 1h | 0.4626 | +0.291% | $911K | $2.7M | 50x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0448% | 1h | 0.4630 | +0.387% | $274K | $1.7M | 50x | as long as short |
| Hyperliquid WLD | +0.0728% | 1h | 0.4633 | +0.463% | $51.6M | $43.4M | 10x | as long as short |
| Lighter WLD | +0.0936% | 1h | 0.4632 | +0.437% | $5.2M | $2.0M | 10x | as long as short |
GRVT WLD_USDT_Perp
BloFin WLD-USDT
Kalshi KXWLDPERP
KuCoin WLDUSDTM
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
Injective WLD/USDC PERP
Aster WLDUSDT
Pacifica WLD
Binance WLDUSDT
Bybit WLDUSDT
OKX WLD-USDT-SWAP
Gate WLD_USDT
MEXC WLD_USDT
Bitget WLDUSDT
BingX WLD-USDT
Backpack WLD_USDC_PERP
Variational Omni WLD
edgeX WLDUSDC
ApeX Omni WLDUSDT
Polymarket Perps WLD-USD
SunX WLD-USDT
SoDEX WLD-USD
HTX WLD-USDT
Phemex WLDUSDT
Extended WLD-USD
Phoenix WLD
GMX WLD/USD [ETH-USDC]
01 Exchange WLDUSD
Kraken Futures PF_WLDUSD
Coinbase International WLD-PERP-INTX
Hyperliquid WLD
Lighter WLD