Funding you earn now, next payment 04:00 UTC−0.0381%/8h= −41.7% APRnext payment −$0.48 per $10,000 · paid last 24h −0.022%
Price spread now: ApeX Omni against Kraken Futures+0.043%7-day average −0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$790.790% of the position
Funding, last 7 days−0.050%−$5 on $10k
+Price spread, last 4 days (all we have)−0.432%−$43 · spread now +0.043%, 7d avg −0.002%
=The price spread pays, funding is against you. ApeX Omni is 0.044% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.043% now, against its 7-day average of −0.002%): +$4 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 9 hours. At the pace of the last 7 days (−0.050% in total) that is about 6.2 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.050% in total (about -2.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.48 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 | Kraken Futures PF_WLDUSD | 0.4563 | 0.0481 | pay 0.0060% / 1h | 40m 41s | $883K | $2.8M | 50x |
| Short | ApeX Omni WLDUSDT | 0.4565 | 0.0100 | get 0.0013% / 1h | 40m 41s | $43K | $239K | 50x |
Kraken Futures PF_WLDUSD
ApeX Omni WLDUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Kraken Futures. 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
- −$79.99
- Price spread: +0.043% → −0.002%
- $4.42
- Slippage, 4 orders
- −$59.02
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$154.59
- Costs to cover
- 0.790%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 3 min ago; ApeX Omni: live order book, 16 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 Kraken Futures live order book, 3 min ago | 9.86 bp | 23.7 bp −$24 | 40.6 bp −$406 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 16 min ago | 8.72 bp | 19.9 bp −$20 | 124.9 bp −$1,249 | 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 | −0.0106% | 8h | 0.4561 | −0.045% | $62K | $4.6M | 1.7x | as long as short |
| Nado WLD-PERP | −0.0061% | 1h | 0.4556 | −0.155% | $241K | $205K | 5x | as long as short |
| KuCoin WLDUSDTM | −0.0031% | 8h | 0.4568 | +0.108% | $7.0M | $11.7M | 50x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4567 | +0.079% | $156K | $33K | 10x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4558 | −0.115% | $66K | — | 150x | as long as short |
| Injective WLD/USDC PERP | +0.0014% | 1h | 0.4558 | −0.111% | $6K | $185K | 5.5x | as long as short |
| 01 Exchange WLDUSD | +0.0056% | 1h | 0.4567 | +0.076% | $327 | $80 | 5x | as long as short |
| Orderly PERP_WLD_USDC | +0.0086% | 8h | 0.4560 | −0.067% | $28K | $888K | 10x | as long as short |
| Lighter WLD | +0.0096% | 1h | 0.4573 | +0.216% | $4.9M | $2.4M | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4567 | +0.096% | $199K | $1.1M | 50x | as long as short |
Kalshi KXWLDPERP
Nado WLD-PERP
KuCoin WLDUSDTM
dYdX WLD-USD
gTrade (Gains Network) WLD/USD
Injective WLD/USDC PERP
01 Exchange WLDUSD
Orderly PERP_WLD_USDC
Lighter WLD
Aster WLDUSDTShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica WLD | +0.0100% | 1h | 0.4569 | +0.141% | $49K | $528K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4569 | +0.139% | $86.6M | $327.2M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4567 | +0.086% | $65.1M | $88.9M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4566 | +0.065% | $34.3M | $149.0M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4567 | +0.086% | $7.2M | $36.7M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4569 | +0.130% | $44.4M | $53.9M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4568 | +0.108% | $30.2M | $30.1M | 75x | as long as short |
| BingX WLD-USDT | +0.0100% | 8h | 0.4568 | +0.108% | — | $67.3M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4561 | −0.043% | $135K | $298K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4554 | −0.206% | $2.1M | $1.7M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4565 | +0.044% | $27K | $318K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4565 | +0.043% | $603K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDTshort | +0.0100% | 1h | 0.4565 | +0.043% | $43K | $239K | 50x | |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4555 | −0.185% | $48K | $2.1M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4561 | −0.045% | $23K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4559 | −0.089% | $174 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4559 | −0.089% | $834K | $1.9M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4561 | −0.045% | $1.8M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4564 | +0.028% | $218K | $981K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4561 | −0.037% | $31K | $600 | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4553 | −0.216% | — | — | 20x | as long as short |
| Phoenix WLD | +0.0158% | 1h | 0.4569 | +0.139% | $5K | $52K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | +0.0189% | 1h | 0.4561 | −0.045% | $118K | $927K | 25x | as long as short |
| Hyperliquid WLD | +0.0190% | 1h | 0.4574 | +0.249% | $50.2M | $43.2M | 10x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4562 | −0.023% | $4.9M | $850K | 75x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0229% / S −0.1268% | 1h | 0.4556 | −0.163% | $5K | — | 100x | as long as short |
| Kraken Futures PF_WLDUSDlong | +0.0481% | 1h | 0.4563 | long leg | $883K | $2.8M | 50x | |
| Coinbase International WLD-PERP-INTX | +0.0496% | 1h | 0.4564 | +0.021% | $268K | $1.7M | 50x | as long as short |
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
Polymarket Perps WLD-USD
SunX WLD-USDT
SoDEX WLD-USD
HTX WLD-USDT
Phemex WLDUSDT
Extended WLD-USD
Aevo WLD-PERP
Reya WLDRUSDPERP
Phoenix WLD
Deribit WLD_USDC-PERPETUAL
Hyperliquid WLD
BloFin WLD-USDT
GMX WLD/USD [ETH-USDC]
Coinbase International WLD-PERP-INTX