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

WLD

all WLD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0376%/8h= −41.2% APRnext payment $0.47 per $10,000 · paid last 24h −0.022%
Price spread now: Extended against Kraken Futures−0.103%7-day average −0.102% · you buy dearer than you sell
Net, funding: paid 7d − costs−$18as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$430.431% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.248%+$25 on $10k
Price spread, last 4 days (all we have)−0.350%−$35 · spread now −0.103%, 7d avg −0.102%
Together, before fees−0.101%+ Points / potential airdropExtended: Active · farm board−$10 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.102%, so right now this pair is about funding alone: −$11 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.248%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.248% in total (about 13.0% a year). A funding rate is set anew for every payment; at this rate the next one is about $0.47 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_WLDUSD0.45690.0480pay 0.0060% / 1h46m 23s$884K$2.8M50x
ShortExtended WLD-USD0.45640.0104get 0.0013% / 1h46m 23s$220K$981K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$79.02
Price spread: −0.103% → −0.102%
−$0.11
Slippage, 4 orders
−$28.09
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$122.22
Costs to cover
0.431%
Break-even
never at this rate
Slippage from Kraken Futures: live order book, 2 min ago; Extended: live order book, 12 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 Kraken Futures live order book, 2 min ago7.67 bp21.0 bp −$2135.4 bp −$354doesn't fitdoesn't fit
Sell Extended live order book, 12 min ago2.19 bp4.7 bp −$510.3 bp −$103doesn't fitdoesn'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−0.0107%8h0.4565−0.088%$62K$4.6M1.7xas long as short
Nado WLD-PERP−0.0076%1h0.4561−0.186%$242K$205K5xas long as short
KuCoin WLDUSDTM−0.0036%8h0.4558−0.241%$6.9M$11.6M50xas long as short
dYdX WLD-USD0.0000%1h0.4562−0.150%$156K$33K10xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4562−0.157%$66K150xas long as short
Injective WLD/USDC PERP+0.0014%1h0.4558−0.241%$6K$185K5.5xas long as short
01 Exchange WLDUSD+0.0016%1h0.4563−0.134%$326$805xas long as short
Orderly PERP_WLD_USDC+0.0083%8h0.4562−0.154%$28K$888K10xas long as short
Lighter WLD+0.0096%1h0.4567−0.033%$4.9M$2.4M10xas long as short
Aster WLDUSDT+0.0100%8h0.4564−0.110%$189K$1.1M50xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica WLD+0.0100%1h0.4565−0.098%$49K$528K5xas long as short
Binance WLDUSDT+0.0100%8h0.4562−0.153%$86.6M$327.3M75xas long as short
Bybit WLDUSDT+0.0100%8h0.4561−0.175%$65.0M$88.8M50xas long as short
OKX WLD-USDT-SWAP+0.0100%8h0.4563−0.132%$34.2M$148.7M50xas long as short
Gate WLD_USDT+0.0100%8h0.4561−0.175%$7.2M$36.7M75xas long as short
MEXC WLD_USDT+0.0100%8h0.4562−0.154%$44.4M$53.8M300xas long as short
Bitget WLDUSDT+0.0100%8h0.4563−0.132%$30.1M$30.1M75xas long as short
BingX WLD-USDC+0.0100%8h0.4561−0.175%$1.3Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4565−0.088%$135K$299K10xas long as short
Variational Omni WLD+0.0100%8h0.4575+0.124%$2.1M$1.7Mas long as short
edgeX WLDUSDC+0.0100%4h0.4559−0.219%$27K$319K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4561−0.175%$600K$1.9M10xas long as short
ApeX Omni WLDUSDT+0.0100%1h0.4559−0.219%$43K$239K50xas long as short
Polymarket Perps WLD-USD+0.0100%1h0.4561−0.186%$51K$2.1M10xas long as short
SunX WLD-USDT+0.0100%8h0.4570+0.022%$23K$1.6M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4567−0.044%$177$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4567−0.044%$836K$1.9M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4564−0.110%$1.8M$3.7M50xas long as short
Extended WLD-USDshort+0.0104%1h0.4564−0.103%$220K$981K10x
Aevo WLD-PERP+0.0104%1h0.4563−0.127%$31K$6003xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4560−0.192%20xas long as short
Phoenix WLD+0.0158%1h0.4563−0.125%$5K$52K10xas long as short
Hyperliquid WLD+0.0166%1h0.4567−0.042%$50.1M$43.2M10xas long as short
Deribit WLD_USDC-PERPETUAL+0.0188%1h0.4565−0.088%$115K$924K25xas long as short
BloFin WLD-USDT+0.0220%8h0.4564−0.110%$4.9M$845K75xas long as short
GMX WLD/USD [ETH-USDC]L +0.0229% / S −0.1268%1h0.4561−0.181%$5K100xas long as short
Kraken Futures PF_WLDUSDlong+0.0480%1h0.4569long leg$884K$2.8M50x
Coinbase International WLD-PERP-INTX+0.0496%1h0.4570+0.022%$268K$1.7M50xas long as short