Settings8H · net · $10k
Funding arb · Price arb /

WLD

all WLD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0797%/8h= +87.3% APRpaid last 24h +0.007%
Price spread now: Kraken Futures against HTX+0.043%7-day average +0.214% · you sell dearer than you buy
Net, funding: paid 7d − costs−$107as in the Funding arb table
Net, price: spread back to 7d avg − costs−$132as in the Price arb table
costs, in and out, $10k−$1151.153% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.082%+$8 on $10k
Price spread, last 4 days (all we have)+0.517%+$52 · spread now +0.043%, 7d avg +0.214%
Together, before fees+0.599%+$60 on $10k · with fees, hour by hour
Funding pays, the price is against you. Kraken Futures is 0.171% cheaper against HTX than usual: you would sell low and buy high (spread +0.043% now, against its 7-day average of +0.214%). If the spread goes back, that is −$17 on $10k: about 17 hours of funding at the current rate (+$24 a day). At the pace of the last 7 days (+0.082% in total) that is about 15 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.082% in total (about 4.3% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX WLD-USDT0.46150.0100pay 0.0100% / 8h5h 39m$843K$1.9M50x
ShortKraken Futures PF_WLDUSD0.46170.0897get 0.0112% / 1h39m 16s$899K$2.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against HTX. 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

Funding earned
$167.34
Price spread: +0.043% → +0.214%
−$17.11
Slippage, 4 orders
−$93.27
Fee HTX: 6 bp × 2 orders
−$12
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$34.96
Costs to cover
1.153%
Break-even
5.5 days
Slippage from HTX: live order book, 5 min ago; Kraken Futures: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy HTX live order book, 5 min ago9.70 bp55.7 bp −$56332.3 bp −$3,323doesn't fitdoesn't fit
Sell Kraken Futures live order book, 4 min ago7.54 bp18.1 bp −$1826.3 bp −$2631089.2 bp −$108.9Kdoesn't fit

WLD on 38 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kalshi KXWLDPERP−0.0138%8h0.4630+0.325%$58K$4.5M1.7xas long as short
KuCoin WLDUSDTM−0.0039%8h0.4617+0.043%$7.1M$11.6M50xas long as short
dYdX WLD-USD0.0000%1h0.4621+0.121%$165K$26K10xas long as short
Deribit WLD_USDC-PERPETUAL0.0000%1h0.4617+0.043%$119K$923K25xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4616+0.017%$55K150xas long as short
Nado WLD-PERP+0.0054%1h0.4622+0.141%$267K$187K5xas long as short
Orderly PERP_WLD_USDC+0.0072%8h0.4616+0.022%$28K$893K10xas long as short
Aster WLDUSDT+0.0100%8h0.4623+0.181%$176K$1.0M50xas long as short
Pacifica WLD+0.0100%1h0.4622+0.148%$48K$511K5xas long as short
Binance WLDUSDT+0.0100%8h0.4616+0.022%$87.7M$324.8M75xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit WLDUSDT+0.0100%8h0.4614−0.022%$65.9M$87.9M50xas long as short
OKX WLD-USDT-SWAP+0.0100%8h0.46150.000%$34.9M$148.6M50xas long as short
Gate WLD_USDT+0.0100%8h0.46150.000%$7.2M$36.8M75xas long as short
MEXC WLD_USDT+0.0100%8h0.4616+0.022%$45.4M$54.3M300xas long as short
Bitget WLDUSDT+0.0100%8h0.4614−0.022%$30.6M$29.4M75xas long as short
BingX WLD-USDC+0.0100%8h0.4616+0.022%$1.3Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4634+0.414%$138K$288K10xas long as short
Variational Omni WLD+0.0100%8h0.4632+0.360%$2.1M$1.8Mas long as short
edgeX WLDUSDC+0.0100%4h0.4631+0.341%$28K$317K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4659+0.945%$617K$1.8M10xas long as short
ApeX Omni WLDUSDT+0.0100%1h0.4646+0.672%$51K$236K50xas long as short
Polymarket Perps WLD-USD+0.0100%1h0.4619+0.091%$54K$2.0M10xas long as short
SunX WLD-USDT+0.0100%8h0.4620+0.108%$23K$1.6M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4614−0.022%$289$5K10xas long as short
HTX WLD-USDTlong+0.0100%8h0.4615long leg$843K$1.9M50x
Phemex WLDUSDT+0.0100%8h0.4616+0.022%$1.8M$3.7M50xas long as short
Extended WLD-USD+0.0104%1h0.4614−0.016%$213K$927K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4616+0.022%$31K$6003xas long as short
01 Exchange WLDUSD+0.0120%1h0.4619+0.089%$330$805xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4619+0.080%20xas long as short
Phoenix WLD+0.0172%1h0.4639+0.529%$5K$57K10xas long as short
BloFin WLD-USDT+0.0220%8h0.4613−0.043%$5.0M$800K75xas long as short
GMX WLD/USD [ETH-USDC]L +0.0230% / S −0.1268%1h0.4615−0.010%$5K100xas long as short
Lighter WLD+0.0288%1h0.4620+0.106%$5.0M$2.3M10xas long as short
Coinbase International WLD-PERP-INTX+0.0480%1h0.4640+0.542%$276K$1.7M50xas long as short
Hyperliquid WLD+0.0516%1h0.4627+0.267%$51.5M$42.9M10xas long as short
Injective WLD/USDC PERP+0.0677%1h0.4650+0.758%$6K$185K5.5xas long as short
Kraken Futures PF_WLDUSDshort+0.0897%1h0.4617+0.043%$899K$2.9M50x