Funding you earn now, next payment 02:00 UTC−0.0638%/8h= −69.8% APRnext payment −$0.80 per $10,000 · paid last 24h −0.023%
Price spread now: gTrade (Gains Network) against Kraken Futures−0.091%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$19 a day on $10k at the current rate, and gTrade (Gains Network) is 0.091% cheaper against Kraken Futures than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_WLDUSD | 0.4672 | 0.0641 | pay 0.0080% / 1h | 1m 16s | $906K | $2.9M | 50x |
| Short | gTrade (Gains Network) WLD/USD | 0.4668 | L +0.0003% / S −0.0003% | get 0.0000% / 1h | 1m 16s | $56K | — | 150x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) 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
- −$133.94
- Price spread: −0.091% → 0.000%
- −$9.06
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$163
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: live order book, 2 min ago; gTrade (Gains Network): no order-book sample. 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 Kraken Futures live order book, 2 min ago | 6.40 bp | 19.0 bp −$19 | 32.6 bp −$326 | doesn't fit | doesn't fit |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
gTrade (Gains Network): no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
WLD on 37 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective WLD/USDC PERP | −0.0235% | 1h | 0.4666 | −0.132% | $6K | $185K | 5.5x | as long as short |
| Kalshi KXWLDPERP | −0.0136% | 8h | 0.4663 | −0.196% | $70K | $4.4M | 1.7x | as long as short |
| KuCoin WLDUSDTM | −0.0037% | 8h | 0.4664 | −0.174% | $7.1M | $11.5M | 50x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4660 | −0.250% | $166K | $26K | 10x | as long as short |
| gTrade (Gains Network) WLD/USDshort | L +0.0003% / S −0.0003% | 1h | 0.4668 | −0.091% | $56K | — | 150x | |
| Nado WLD-PERP | +0.0016% | 1h | 0.4666 | −0.142% | $271K | $189K | 5x | as long as short |
| Orderly PERP_WLD_USDC | +0.0066% | 8h | 0.4668 | −0.089% | $28K | $895K | 10x | as long as short |
| Phoenix WLD | +0.0068% | 1h | 0.4669 | −0.074% | $5K | $54K | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4668 | −0.085% | $179K | $1.0M | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4663 | −0.186% | $51K | $513K | 5x | as long as short |
Show all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance WLDUSDT | +0.0100% | 8h | 0.4664 | −0.168% | $88.8M | $324.4M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4661 | −0.239% | $66.5M | $87.5M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4664 | −0.174% | $35.2M | $151.4M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4667 | −0.110% | $7.3M | $38.2M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4668 | −0.089% | $46.2M | $56.4M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4667 | −0.110% | $31.0M | $29.5M | 75x | as long as short |
| BingX WLD-USDC | +0.0100% | 8h | 0.4669 | −0.067% | — | $1.3M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4680 | +0.172% | $137K | $290K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4672 | −0.010% | $2.1M | $1.7M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4680 | +0.177% | $28K | $319K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4675 | +0.061% | $617K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4680 | +0.168% | $51K | $235K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4667 | −0.110% | $55K | $2.1M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4672 | −0.003% | $24K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4670 | −0.046% | $297 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4663 | −0.196% | $852K | $1.9M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4668 | −0.089% | $1.9M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4667 | −0.102% | $215K | $889K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4672 | +0.005% | $32K | $600 | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4665 | −0.159% | — | — | 20x | as long as short |
| Deribit WLD_USDC-PERPETUAL | +0.0178% | 1h | 0.4670 | −0.046% | $120K | $922K | 25x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0230% / S −0.1268% | 1h | 0.4669 | −0.069% | $5K | — | 100x | as long as short |
| 01 Exchange WLDUSD | +0.0288% | 1h | 0.4670 | −0.046% | $334 | $80 | 5x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0456% | 1h | 0.4668 | −0.089% | $276K | $1.7M | 50x | as long as short |
| Hyperliquid WLD | +0.0554% | 1h | 0.4673 | +0.016% | $52.0M | $43.4M | 10x | as long as short |
| Kraken Futures PF_WLDUSDlong | +0.0641% | 1h | 0.4672 | long leg | $906K | $2.9M | 50x | |
| Lighter WLD | +0.0864% | 1h | 0.4674 | +0.044% | $5.3M | $2.1M | 10x | as long as short |
Kraken Futures PF_WLDUSD
gTrade (Gains Network) WLD/USD
Injective WLD/USDC PERP
Kalshi KXWLDPERP
KuCoin WLDUSDTM
Phoenix WLD
Aster WLDUSDT
Pacifica WLD
Binance WLDUSDT
Bybit WLDUSDT
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
Deribit WLD_USDC-PERPETUAL
GMX WLD/USD [ETH-USDC]
01 Exchange WLDUSD
Coinbase International WLD-PERP-INTX
Hyperliquid WLD
Lighter WLD