Funding you earn now, next payment 00:00 UTC+0.0336%/8h= +36.7% APRnext payment +$0.42 per $10,000 · paid last 24h −0.053%
Price spread now: Kraken Futures against Injective+0.601%7-day average −0.136% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.068%+$7 on $10k
+Price spread, last 3 days (all we have)−0.579%−$58 · spread now +0.601%, 7d avg −0.136%
=Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Kraken Futures is 0.736% dearer against Injective than usual: you sell high and buy low: +$74 more if the spread goes back to its 7-day average of −0.136%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.068% in total (about 3.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.42 per $10,000. 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 | Injective WLD/USDC PERP | 0.4612 | 0.0373 | pay 0.0047% / 1h | 50m 38s | $6K | $185K | 5.5x |
| Short | Kraken Futures PF_WLDUSD | 0.4640 | 0.0709 | get 0.0089% / 1h | 50m 38s | $924K | $2.6M | 50x |
Injective WLD/USDC PERP
Kraken Futures PF_WLDUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- $70.46
- Price spread: +0.601% → −0.136%
- $73.61
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $134.05
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Injective: live order book, 58 min ago; Kraken Futures: live order book, 3 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, 58 min ago | 81.43 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 3 min ago | 1.08 bp | 12.3 bp −$12 | 21.3 bp −$213 | 1031.6 bp −$103.2K | 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 | −0.0241% | 8h | 0.4629 | +0.369% | $42K | $3.8M | 1.7x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4631 | +0.421% | $165K | $13K | 10x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4637 | +0.542% | $58K | — | 150x | as long as short |
| Orderly PERP_WLD_USDC | +0.0011% | 8h | 0.4637 | +0.542% | $28K | $909K | 10x | as long as short |
| KuCoin WLDUSDTM | +0.0017% | 8h | 0.4632 | +0.434% | $7.1M | $10.9M | 50x | as long as short |
| Nado WLD-PERP | +0.0074% | 1h | 0.4633 | +0.455% | $279K | $169K | 5x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4634 | +0.469% | $196K | $1.0M | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4634 | +0.469% | $53K | $481K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4633 | +0.455% | $87.8M | $298.7M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4630 | +0.390% | $66.3M | $82.4M | 50x | as long as short |
Kalshi KXWLDPERP
dYdX WLD-USD
gTrade (Gains Network) WLD/USD
Orderly PERP_WLD_USDC
KuCoin WLDUSDTM
Nado WLD-PERP
Aster WLDUSDT
Pacifica WLD
Binance WLDUSDT
Bybit WLDUSDTShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4627 | +0.325% | $34.6M | $143.2M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4633 | +0.455% | $7.5M | $35.2M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4629 | +0.369% | $50.2M | $51.7M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4627 | +0.325% | $30.6M | $25.7M | 75x | as long as short |
| BingX WLD-USDC | +0.0100% | 8h | 0.4628 | +0.347% | — | $1.3M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4638 | +0.564% | $131K | $269K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4623 | +0.236% | $2.1M | $1.6M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4624 | +0.262% | $27K | $315K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4635 | +0.497% | $626K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4627 | +0.325% | $56K | $228K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4636 | +0.512% | $43K | $1.6M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4641 | +0.629% | $23K | $1.5M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4637 | +0.542% | $206 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4635 | +0.499% | $875K | $1.8M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4636 | +0.520% | $1.8M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4626 | +0.295% | $237K | $859K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4639 | +0.585% | $31K | $5K | 3x | as long as short |
| Phoenix WLD | +0.0104% | 1h | 0.4632 | +0.444% | $5K | $53K | 10x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4632 | +0.442% | — | — | 20x | as long as short |
| Deribit WLD_USDC-PERPETUAL | +0.0181% | 1h | 0.4639 | +0.585% | $110K | $881K | 25x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4639 | +0.585% | $4.9M | $831K | 75x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0261% / S −0.2221% | 1h | 0.4636 | +0.528% | $9K | — | 100x | as long as short |
| 01 Exchange WLDUSD | +0.0288% | 1h | 0.4639 | +0.588% | $332 | $77 | 5x | as long as short |
| Injective WLD/USDC PERPlong | +0.0373% | 1h | 0.4612 | long leg | $6K | $185K | 5.5x | |
| Coinbase International WLD-PERP-INTX | +0.0440% | 1h | 0.4638 | +0.564% | $276K | $1.7M | 50x | as long as short |
| Hyperliquid WLD | +0.0638% | 1h | 0.4641 | +0.637% | $50.5M | $42.8M | 10x | as long as short |
| Kraken Futures PF_WLDUSDshort | +0.0709% | 1h | 0.4640 | +0.601% | $924K | $2.6M | 50x | |
| Lighter WLD | +0.1656% | 1h | 0.4645 | +0.724% | $5.3M | $2.0M | 10x | as long as short |
OKX WLD-USDT-SWAP
Gate WLD_USDT
MEXC WLD_USDT
Bitget WLDUSDT
BingX WLD-USDC
Backpack WLD_USDC_PERP
Variational Omni WLD
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
Aevo WLD-PERP
Phoenix WLD
Reya WLDRUSDPERP
Deribit WLD_USDC-PERPETUAL
BloFin WLD-USDT
GMX WLD/USD [ETH-USDC]
01 Exchange WLDUSD
Coinbase International WLD-PERP-INTX
Hyperliquid WLD
Lighter WLD