WLD

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0112%/8h= −12.3% APRnext payment −$1.12 per $10,000 · paid last 24h −0.001%

Price spread now: KuCoin against GRVT−0.534%83s7-day average −0.024% · you buy dearer than you sell

Net, funding: paid 7d − costs−$85as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$770.773% of the position

Long on GRVT Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.077%−$8 on $10k

Price spread, last 3 days (all we have)+0.416%+$42 · spread now −0.534%, 7d avg −0.024%

Together, before fees+0.339%+ Points / potential airdropGRVT: Active · farm board+$34 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and KuCoin is 0.510% cheaper against GRVT than usual: you would sell low and buy high (−$51 if the spread goes back to its 7-day average of −0.024%). Swap the legs. The two prices were read 83 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT WLD_USDT_Perp	0.4749	0.0100	pay 0.0100% / 8h	7h 08m	$627K	$1.9M	10x
Short	KuCoin WLDUSDTM	0.4724	−0.0012	pay 0.0012% / 8h	7h 08m	$7.1M	$11.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against GRVT. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee GRVTbpFee KuCoinbpOrdersPrice spread, now −0.534%Rate

Funding earned: −$23.52
Price spread: −0.534% → −0.024%: −$50.96
Slippage, 4 orders: −$56.33
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$151.81
Costs to cover: 0.773%
Break-even: never at this rate

Slippage from GRVT: live order book, 5 min ago; KuCoin: live order book, 5 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, 5 min ago	2.11 bp	15.9 bp −$16	28.8 bp −$288	2262.5 bp −$226.2K	doesn't fit
Sell KuCoin live order book, 5 min ago	2.11 bp	21.1 bp −$21	29.0 bp −$290	doesn't fit	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	−0.0160%	8h	0.4726	−0.492%	$24K	$4.0M	1.7x	as long as short
Nado WLD-PERP	−0.0026%	1h	0.4726	−0.502%	$274K	$178K	5x	as long as short
KuCoin WLDUSDTMshort	−0.0012%	8h	0.4724	−0.534%	$7.1M	$11.2M	50x
dYdX WLD-USD	0.0000%	1h	0.4726	−0.487%	$169K	$12K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4724	−0.534%	$135K	$863K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4726	−0.492%	$56K	—	150x	as long as short
Injective WLD/USDC PERP	+0.0038%	1h	0.4744	−0.113%	$6K	$185K	5.5x	as long as short
Orderly PERP_WLD_USDC	+0.0050%	8h	0.4723	−0.555%	$29K	$900K	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4727	−0.471%	$208K	$995K	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4728	−0.460%	$56K	$485K	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	0.4728	−0.450%	$90.5M	$310.9M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4727	−0.471%	$68.4M	$83.6M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4725	−0.513%	$35.8M	$150.1M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4727	−0.471%	$7.5M	$36.7M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4724	−0.534%	$49.2M	$55.0M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4725	−0.513%	$31.6M	$27.4M	75x	as long as short
BingX WLD-USDT	+0.0100%	8h	0.4724	−0.534%	—	$67.1M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4728	−0.460%	$140K	$277K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4717	−0.687%	$2.1M	$1.7M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4724	−0.535%	$28K	$316K	20x	as long as short
GRVT WLD_USDT_Perplong	+0.0100%	8h	0.4749	long leg	$627K	$1.9M	10x
ApeX Omni WLDUSDT	+0.0100%	1h	0.4723	−0.555%	$57K	$232K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4731	−0.389%	$44K	$1.8M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4731	−0.387%	$23K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4723	−0.555%	$222	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4721	−0.597%	$898K	$1.9M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4722	−0.576%	$1.9M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4721	−0.593%	$218K	$894K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4727	−0.471%	$32K	$600	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4724	−0.528%	—	—	20x	as long as short
Phoenix WLD	+0.0157%	1h	0.4726	−0.492%	$5K	$53K	10x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4725	−0.513%	$5.1M	$878K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0239% / S −0.1538%	1h	0.4724	−0.533%	$6K	—	100x	as long as short
01 Exchange WLDUSD	+0.0256%	1h	0.4733	−0.338%	$339	$77	5x	as long as short
Kraken Futures PF_WLDUSD	+0.0319%	1h	0.4731	−0.392%	$943K	$2.7M	50x	as long as short
Coinbase International WLD-PERP-INTX	+0.0448%	1h	0.4733	−0.344%	$277K	$1.7M	50x	as long as short
Hyperliquid WLD	+0.0877%	1h	0.4733	−0.334%	$53.1M	$44.0M	10x	as long as short
Lighter WLD	+0.1016%	1h	0.4739	−0.224%	$5.4M	$2.0M	10x	as long as short