Funding you earn now, next payment 05:00 UTC+0.0436%/8h= +47.7% APRpaid last 24h +0.071%
Price spread now: Coinbase International against HTX+0.089%7-day average +0.223% · you sell dearer than you buy
Net, funding: paid 7d − costs−$128as in the Funding arb table
Net, price: spread back to 7d avg − costs−$151as in the Price arb table
costs, in and out, $10k−$1371.371% of the position
Funding, last 7 days+0.087%+$9 on $10k
+Price spread, last 4 days (all we have)+0.142%+$14 · spread now +0.089%, 7d avg +0.223%
=Funding pays, the price is against you. Coinbase International is 0.134% cheaper against HTX than usual: you would sell low and buy high (spread +0.089% now, against its 7-day average of +0.223%). If the spread goes back, that is −$13 on $10k: about 25 hours of funding at the current rate (+$13 a day). At the pace of the last 7 days (+0.087% in total) that is about 11 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.087% in total (about 4.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX WLD-USDT | 0.4483 | 0.0100 | pay 0.0100% / 8h | 2h 40m | $821K | $1.8M | 50x |
| Short | Coinbase International WLD-PERP-INTX | 0.4487 | 0.0536 | get 0.0067% / 1h | 40m 05s | $274K | $1.7M | 50x |
HTX WLD-USDT
Coinbase International WLD-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against HTX. 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
- $91.56
- Price spread: +0.089% → +0.223%
- −$13.39
- Slippage, 4 orders
- −$115.13
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$58.97
- Costs to cover
- 1.371%
- Break-even
- 11.5 days
Slippage from HTX: live order book, 4 min ago; Coinbase International: 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 HTX live order book, 4 min ago | 10.01 bp | 43.6 bp −$44 | doesn't fit | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 4 min ago | 6.67 bp | 15.4 bp −$15 | 19.3 bp −$193 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Nado WLD-PERP | −0.0048% | 1h | 0.4481 | −0.033% | $241K | $208K | 5x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4484 | +0.029% | $153K | $33K | 10x | as long as short |
| Kalshi KXWLDPERP | 0.0000% | 8h | 0.4478 | −0.112% | $78K | $4.8M | 1.7x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4488 | +0.112% | $143K | $1.0M | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4485 | +0.045% | $65K | — | 150x | as long as short |
| KuCoin WLDUSDTM | +0.0044% | 8h | 0.4483 | 0.000% | $6.7M | $11.9M | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0051% | 1h | 0.4479 | −0.083% | $44K | $2.4M | 10x | as long as short |
| 01 Exchange WLDUSD | +0.0064% | 1h | 0.4483 | −0.004% | $321 | $55 | 5x | as long as short |
| Orderly PERP_WLD_USDC | +0.0098% | 8h | 0.4486 | +0.067% | $28K | $831K | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4487 | +0.078% | $224K | $1.1M | 50x | as long as short |
Nado WLD-PERP
dYdX WLD-USD
Kalshi KXWLDPERP
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
KuCoin WLDUSDTM
Polymarket Perps WLD-USD
01 Exchange WLDUSD
Orderly PERP_WLD_USDC
Aster WLDUSDTShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica WLD | +0.0100% | 1h | 0.4484 | +0.018% | $50K | $541K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4485 | +0.044% | $85.3M | $338.2M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4482 | −0.022% | $63.8M | $91.8M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4482 | −0.022% | $33.8M | $152.5M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4485 | +0.045% | $7.2M | $36.9M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4485 | +0.045% | $38.4M | $55.6M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4481 | −0.045% | $29.5M | $31.0M | 75x | as long as short |
| BingX WLD-USDT | +0.0100% | 8h | 0.4485 | +0.045% | — | $68.2M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4486 | +0.078% | $133K | $307K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4488 | +0.106% | $2.0M | $1.7M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4497 | +0.316% | $27K | $319K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4505 | +0.488% | $602K | $2.0M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4498 | +0.335% | $48K | $240K | 50x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4492 | +0.201% | $23K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4484 | +0.022% | $209 | $5K | 10x | as long as short |
| HTX WLD-USDTlong | +0.0100% | 8h | 0.4483 | long leg | $821K | $1.8M | 50x | |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4484 | +0.022% | $1.8M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4483 | −0.003% | $220K | $999K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4487 | +0.089% | $30K | $600 | 3x | as long as short |
| Lighter WLD | +0.0128% | 1h | 0.4489 | +0.138% | $4.9M | $2.9M | 10x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4479 | −0.081% | — | — | 20x | as long as short |
| Phoenix WLD | +0.0142% | 1h | 0.4506 | +0.502% | $5K | $52K | 10x | as long as short |
| Injective WLD/USDC PERP | +0.0176% | 1h | 0.4519 | +0.803% | $6K | $185K | 5.5x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0219% / S −0.0967% | 1h | 0.4482 | −0.023% | $4K | — | 100x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4488 | +0.112% | $3.8M | $923K | 75x | as long as short |
| Hyperliquid WLD | +0.0311% | 1h | 0.4490 | +0.165% | $48.7M | $44.1M | 10x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0505% | 1h | 0.4487 | +0.090% | $856K | $2.9M | 50x | as long as short |
| Coinbase International WLD-PERP-INTXshort | +0.0536% | 1h | 0.4487 | +0.089% | $274K | $1.7M | 50x |
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
GRVT WLD_USDT_Perp
ApeX Omni WLDUSDT
SunX WLD-USDT
SoDEX WLD-USD
Phemex WLDUSDT
Extended WLD-USD
Aevo WLD-PERP
Lighter WLD
Reya WLDRUSDPERP
Phoenix WLD
Injective WLD/USDC PERP
GMX WLD/USD [ETH-USDC]
BloFin WLD-USDT
Hyperliquid WLD
Kraken Futures PF_WLDUSD