Funding you earn now, next payment 22:00 UTC−0.0274%/8h= −30.0% APRpaid last 24h −0.042%
Price spread now: MEXC against Injective−1.385%55s7-day average −0.197% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.051%−$5 on $10k
+Price spread, last 3 days (all we have)+1.086%+$109 · spread now −1.385%, 7d avg −0.197%
=Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and MEXC is 1.188% cheaper against Injective than usual: you would sell low and buy high (−$119 if the spread goes back to its 7-day average of −0.197%). Swap the legs. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.051% in total (about -2.6% 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 | Injective WLD/USDC PERP | 0.4622 | 0.0374 | pay 0.0047% / 1h | 30m 18s | $6K | $139K | 5.5x |
| Short | MEXC WLD_USDT | 0.4558 | 0.0100 | get 0.0100% / 8h | 2h 30m | $53.0M | $47.1M | 300x |
Injective WLD/USDC PERP
MEXC WLD_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$57.53
- Price spread: −1.385% → −0.197%
- −$118.8
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$176.34
- Costs to cover
- 0.000%
- Break-even
- never at this rate
Slippage unknown: Injective: live order book, 24 min ago; MEXC: live order book, 4 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, 24 min ago | 49.15 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 1.10 bp | 1.5 bp −$1 | 5.8 bp −$58 | 25.0 bp −$2,504 | 68.8 bp −$34.4K |
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 | −0.0493% | 8h | 0.4556 | −1.428% | $44K | $3.8M | 1.7x | as long as short |
| Orderly PERP_WLD_USDC | −0.0024% | 8h | 0.4559 | −1.363% | $28K | $917K | 10x | as long as short |
| Variational Omni WLD | −0.0021% | 8h | 0.4554 | −1.465% | $2.1M | $1.6M | — | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4563 | −1.281% | $156K | $6K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4559 | −1.363% | $129K | $901K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4560 | −1.351% | $57K | — | 150x | as long as short |
| KuCoin WLDUSDTM | +0.0015% | 8h | 0.4557 | −1.406% | $7.0M | $10.7M | 50x | as long as short |
| Nado WLD-PERP | +0.0042% | 1h | 0.4557 | −1.395% | $272K | $168K | 5x | as long as short |
| Phoenix WLD | +0.0052% | 1h | 0.4552 | −1.521% | $5K | $52K | 10x | as long as short |
| OKX WLD-USDT-SWAP | +0.0064% | 8h | 0.4557 | −1.406% | $34.0M | $138.2M | 50x | as long as short |
Kalshi KXWLDPERP
Orderly PERP_WLD_USDC
Variational Omni WLD
dYdX WLD-USD
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
KuCoin WLDUSDTM
Nado WLD-PERP
Phoenix WLD
OKX WLD-USDT-SWAPShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid WLD | +0.0100% | 1h | 0.4563 | −1.268% | $47.2M | $40.7M | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4561 | −1.313% | $216K | $981K | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4561 | −1.320% | $51K | $482K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4561 | −1.326% | $85.9M | $292.0M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4560 | −1.341% | $65.2M | $80.1M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4559 | −1.363% | $7.5M | $34.5M | 75x | as long as short |
| MEXC WLD_USDTshort | +0.0100% | 8h | 0.4558 | −1.385% | $53.0M | $47.1M | 300x | |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4559 | −1.363% | $30.2M | $25.2M | 75x | as long as short |
| BingX WLD-USDT | +0.0100% | 8h | 0.4557 | −1.406% | — | $67.9M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4555 | −1.452% | $129K | $275K | 10x | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4552 | −1.515% | $27K | $316K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4547 | −1.619% | $614K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4553 | −1.493% | $55K | $226K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4558 | −1.376% | $54K | $1.7M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4564 | −1.255% | $22K | $1.5M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4558 | −1.385% | $197 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4558 | −1.385% | $860K | $1.8M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4558 | −1.385% | $1.8M | $3.8M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4556 | −1.429% | $133K | $745K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4559 | −1.353% | $31K | $5K | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4557 | −1.399% | — | — | 20x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0217% / S −0.0307% | 1h | 0.4559 | −1.371% | $12K | — | 100x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4556 | −1.428% | $4.9M | $804K | 75x | as long as short |
| Injective WLD/USDC PERPlong | +0.0374% | 1h | 0.4622 | long leg | $6K | $139K | 5.5x | |
| Coinbase International WLD-PERP-INTX | +0.0400% | 1h | 0.4564 | −1.255% | $280K | $1.6M | 50x | as long as short |
| 01 Exchange WLDUSD | +0.0424% | 1h | 0.4563 | −1.274% | $326 | $77 | 5x | as long as short |
| Lighter WLD | +0.1032% | 1h | 0.4568 | −1.166% | $5.1M | $2.0M | 10x | as long as short |
| Kraken Futures PF_WLDUSD | +0.1094% | 1h | 0.4560 | −1.339% | $923K | $2.6M | 50x | as long as short |
Hyperliquid WLD
Aster WLDUSDT
Pacifica WLD
Binance WLDUSDT
Bybit WLDUSDT
Gate WLD_USDT
Bitget WLDUSDT
BingX WLD-USDT
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
Aevo WLD-PERP
Reya WLDRUSDPERP
GMX WLD/USD [ETH-USDC]
BloFin WLD-USDT
Coinbase International WLD-PERP-INTX
01 Exchange WLDUSD
Lighter WLD
Kraken Futures PF_WLDUSD