Funding you earn now, next payment 21:00 UTC+0.0026%/8h= +2.9% APRnext payment +$0.03 per $10,000 · paid last 24h +0.009%
Price spread now: Coinbase International against Injective−1.644%56s7-day average −0.131% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.069%+$7 on $10k
+Price spread, last 3 days (all we have)+1.573%+$157 · spread now −1.644%, 7d avg −0.131%
=Funding pays, the price is against you. Coinbase International is 1.513% cheaper against Injective than usual: you would sell low and buy high (spread −1.644% now, against its 7-day average of −0.131%). If the spread goes back, that is −$151 on $10k: about 6 months of funding at the current rate (+$1 a day). The two prices were read 56 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 | Injective WLD/USDC PERP | 0.4622 | 0.0374 | pay 0.0047% / 1h | 43m 21s | $6K | $139K | 5.5x |
| Short | Coinbase International WLD-PERP-INTX | 0.4546 | 0.0400 | get 0.0050% / 1h | 43m 21s | $285K | $1.6M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Injective. 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
- $5.47
- Price spread: −1.644% → −0.131%
- −$151.3
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$155.84
- Costs to cover
- 0.100%
- Break-even
- 206.3 days
Slippage unknown: Injective: live order book, 11 min ago; Coinbase International: live order book, 5 min ago. Net counts fees only.
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 Injective live order book, 11 min ago | 49.15 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 5 min ago | 5.47 bp | 18.3 bp −$18 | 24.0 bp −$240 | 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 | −0.0542% | 8h | 0.4537 | −1.839% | $32K | $3.8M | 1.7x | as long as short |
| Variational Omni WLD | −0.0042% | 8h | 0.4558 | −1.395% | $2.1M | $1.6M | — | as long as short |
| Orderly PERP_WLD_USDC | −0.0028% | 8h | 0.4538 | −1.817% | $28K | $918K | 10x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4547 | −1.626% | $155K | $6K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4539 | −1.796% | $140K | $808K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4538 | −1.807% | $56K | — | 150x | as long as short |
| KuCoin WLDUSDTM | +0.0013% | 8h | 0.4543 | −1.709% | $7.1M | $10.7M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0049% | 8h | 0.4536 | −1.861% | $34.1M | $137.2M | 50x | as long as short |
| Phoenix WLD | +0.0052% | 1h | 0.4561 | −1.315% | $5K | $52K | 10x | as long as short |
| Nado WLD-PERP | +0.0052% | 1h | 0.4541 | −1.752% | $271K | $168K | 5x | as long as short |
Show all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit WLDUSDT | +0.0085% | 8h | 0.4536 | −1.861% | $65.4M | $79.6M | 50x | as long as short |
| MEXC WLD_USDT | +0.0099% | 8h | 0.4539 | −1.796% | $52.8M | $46.9M | 300x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4544 | −1.680% | $208K | $975K | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4545 | −1.661% | $53K | $473K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4539 | −1.794% | $85.9M | $291.0M | 75x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4537 | −1.839% | $7.4M | $34.3M | 75x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4536 | −1.861% | $30.0M | $25.2M | 75x | as long as short |
| BingX WLD-USDC | +0.0100% | 8h | 0.4538 | −1.817% | — | $1.3M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4542 | −1.737% | $128K | $279K | 10x | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4547 | −1.613% | $27K | $317K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4538 | −1.812% | $613K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4539 | −1.796% | $55K | $226K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4543 | −1.698% | $54K | $1.7M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4542 | −1.731% | $22K | $1.5M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4538 | −1.817% | $196 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4539 | −1.796% | $856K | $1.8M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4541 | −1.752% | $1.8M | $3.8M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4544 | −1.693% | $132K | $745K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4538 | −1.820% | $31K | $5K | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4538 | −1.821% | — | — | 20x | as long as short |
| Hyperliquid WLD | +0.0172% | 1h | 0.4546 | −1.655% | $47.2M | $40.5M | 10x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0217% / S −0.0307% | 1h | 0.4538 | −1.814% | $12K | — | 100x | as long as short |
| BloFin WLD-USDT | +0.0219% | 8h | 0.4540 | −1.774% | $5.0M | $831K | 75x | as long as short |
| Injective WLD/USDC PERPlong | +0.0374% | 1h | 0.4622 | long leg | $6K | $139K | 5.5x | |
| Coinbase International WLD-PERP-INTXshort | +0.0400% | 1h | 0.4546 | −1.644% | $285K | $1.6M | 50x | |
| 01 Exchange WLDUSD | +0.0560% | 1h | 0.4549 | −1.588% | $325 | $77 | 5x | as long as short |
| Lighter WLD | +0.1056% | 1h | 0.4553 | −1.484% | $5.1M | $2.0M | 10x | as long as short |
| Kraken Futures PF_WLDUSD | +0.1098% | 1h | 0.4543 | −1.713% | $924K | $2.6M | 50x | as long as short |
Injective WLD/USDC PERP
Coinbase International WLD-PERP-INTX
Kalshi KXWLDPERP
Variational Omni WLD
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
KuCoin WLDUSDTM
OKX WLD-USDT-SWAP
Phoenix WLD
Bybit WLDUSDT
MEXC WLD_USDT
Aster WLDUSDT
Pacifica WLD
Binance WLDUSDT
Gate WLD_USDT
Bitget WLDUSDT
BingX WLD-USDC
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
Hyperliquid WLD
GMX WLD/USD [ETH-USDC]
BloFin WLD-USDT
01 Exchange WLDUSD
Lighter WLD
Kraken Futures PF_WLDUSD