Funding you earn now, next payment 08:00 UTC−0.0356%/8h= −38.9% APRpaid last 24h −0.070%
Price spread now: Gate against Kraken Futures−0.008%7-day average −0.058% · you buy dearer than you sell
Net, funding: paid 7d − costs−$87as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$640.644% of the position
Funding, last 7 days−0.223%−$22 on $10k
+Price spread, last 4 days (all we have)−0.168%−$17 · spread now −0.008%, 7d avg −0.058%
=The price spread pays, funding is against you. Gate is 0.049% dearer against Kraken Futures than usual: you sell high and buy low (spread −0.008% now, against its 7-day average of −0.058%): +$5 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 11 hours. At the pace of the last 7 days (−0.223% in total) that is about 37 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.223% in total (about -11.7% 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 | Kraken Futures PF_WLDUSD | 0.4534 | 0.0456 | pay 0.0057% / 1h | 42m 38s | $867K | $2.8M | 50x |
| Short | Gate WLD_USDT | 0.4534 | 0.0100 | get 0.0100% / 8h | 42m 38s | $7.1M | $35.6M | 75x |
Kraken Futures PF_WLDUSD
Gate WLD_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$74.66
- Price spread: −0.008% → −0.058%
- $4.93
- Slippage, 4 orders
- −$39.36
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$134.09
- Costs to cover
- 0.644%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 1 min ago; Gate: live order book, 1 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, 1 min ago | 5.50 bp | 16.3 bp −$16 | 30.4 bp −$304 | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 min ago | 2.20 bp | 16.6 bp −$17 | 38.7 bp −$387 | 56.0 bp −$5,600 | 128.5 bp −$64.3K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Injective WLD/USDC PERP | −0.0309% | 1h | 0.4524 | −0.229% | $6K | $185K | 5.5x | as long as short |
| Nado WLD-PERP | −0.0055% | 1h | 0.4541 | +0.146% | $237K | $167K | 5x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4540 | +0.115% | $155K | $32K | 10x | as long as short |
| Kalshi KXWLDPERP | 0.0000% | 8h | 0.4538 | +0.080% | $43K | $4.7M | 1.7x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4536 | +0.036% | $140K | $982K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4539 | +0.099% | $66K | — | 150x | as long as short |
| Orderly PERP_WLD_USDC | +0.0098% | 8h | 0.4535 | +0.014% | $27K | $717K | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4542 | +0.172% | $227K | $1.0M | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4543 | +0.182% | $49K | $532K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4542 | +0.171% | $87.1M | $333.6M | 75x | as long as short |
Injective WLD/USDC PERP
Nado WLD-PERP
dYdX WLD-USD
Kalshi KXWLDPERP
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
Orderly PERP_WLD_USDC
Aster WLDUSDT
Pacifica WLD
Binance WLDUSDTShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit WLDUSDT | +0.0100% | 8h | 0.4542 | +0.168% | $64.6M | $89.2M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4542 | +0.168% | $34.3M | $152.1M | 50x | as long as short |
| Gate WLD_USDTshort | +0.0100% | 8h | 0.4534 | −0.008% | $7.1M | $35.6M | 75x | |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4541 | +0.146% | $41.5M | $56.2M | 300x | as long as short |
| KuCoin WLDUSDTM | +0.0100% | 8h | 0.4539 | +0.102% | $6.6M | $11.6M | 50x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4544 | +0.212% | $30.1M | $30.9M | 75x | as long as short |
| BingX WLD-USDC | +0.0100% | 8h | 0.4543 | +0.190% | — | $1.3M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4535 | +0.022% | $131K | $298K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4547 | +0.270% | $2.1M | $1.6M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4556 | +0.466% | $27K | $321K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4546 | +0.258% | $607K | $2.1M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4541 | +0.146% | $48K | $239K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4541 | +0.148% | $50K | $2.7M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4546 | +0.256% | $23K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4533 | −0.031% | $218 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4533 | −0.031% | $829K | $1.5M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4536 | +0.036% | $1.7M | $3.6M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4535 | +0.009% | $210K | $924K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4535 | +0.024% | $31K | $500 | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4539 | +0.096% | — | — | 20x | as long as short |
| Lighter WLD | +0.0152% | 1h | 0.4547 | +0.287% | $4.9M | $2.9M | 10x | as long as short |
| Phoenix WLD | +0.0177% | 1h | 0.4552 | +0.380% | $5K | $43K | 10x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0219% / S −0.0967% | 1h | 0.4540 | +0.125% | $4K | — | 100x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4539 | +0.102% | $4.8M | $908K | 75x | as long as short |
| 01 Exchange WLDUSD | +0.0232% | 1h | 0.4547 | +0.285% | $325 | $55 | 5x | as long as short |
| Hyperliquid WLD | +0.0429% | 1h | 0.4541 | +0.144% | $50.4M | $43.9M | 10x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0448% | 1h | 0.4547 | +0.278% | $273K | $1.6M | 50x | as long as short |
| Kraken Futures PF_WLDUSDlong | +0.0456% | 1h | 0.4534 | long leg | $867K | $2.8M | 50x |
Bybit WLDUSDT
OKX WLD-USDT-SWAP
MEXC WLD_USDT
KuCoin WLDUSDTM
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
Reya WLDRUSDPERP
Lighter WLD
Phoenix WLD
GMX WLD/USD [ETH-USDC]
BloFin WLD-USDT
01 Exchange WLDUSD
Hyperliquid WLD
Coinbase International WLD-PERP-INTX