Funding you earn now, next payment 06:00 UTC−0.0544%/8h= −59.6% APRnext payment −$0.68 per $10,000 · paid last 24h −0.073%
Price spread now: Nado against Kraken Futures−0.165%7-day average −0.072% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$460.455% of the position
Funding, last 3 days (all we have)−0.101%−$10 on $10k
+Price spread, last 4 days (all we have)−0.109%−$11 · spread now −0.165%, 7d avg −0.072%
=Together, before fees−0.210%+ Points / potential airdropNado: Active · farm board−$21 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and Nado is 0.093% cheaper against Kraken Futures than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.072%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.101% in total (about -10.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.68 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 | 0.4556 | 0.0497 | pay 0.0062% / 1h | 12m 58s | $867K | $2.9M | 50x |
| Short | Nado WLD-PERP | 0.4548 | −0.0047 | pay 0.0006% / 1h | 12m 58s | $242K | $209K | 5x |
Kraken Futures PF_WLDUSD
Nado WLD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado 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
- −$114.33
- Price spread: −0.165% → −0.072%
- −$9.3
- Slippage, 4 orders
- −$28.55
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$169.18
- Costs to cover
- 0.455%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 1 min ago; Nado: live order book, 35 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 | 3.29 bp | 20.0 bp −$20 | 29.4 bp −$294 | doesn't fit | doesn't fit |
| Sell Nado live order book, 35 min ago | 2.11 bp | 5.6 bp −$6 | 27.3 bp −$273 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Nado WLD-PERPshort | −0.0047% | 1h | 0.4548 | −0.165% | $242K | $209K | 5x | |
| dYdX WLD-USD | 0.0000% | 1h | 0.4548 | −0.182% | $155K | $33K | 10x | as long as short |
| Kalshi KXWLDPERP | 0.0000% | 8h | 0.4544 | −0.264% | $47K | $4.8M | 1.7x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4553 | −0.069% | $66K | — | 150x | as long as short |
| KuCoin WLDUSDTM | +0.0053% | 8h | 0.4553 | −0.066% | $6.8M | $11.9M | 50x | as long as short |
| 01 Exchange WLDUSD | +0.0056% | 1h | 0.4554 | −0.038% | $326 | $55 | 5x | as long as short |
| Polymarket Perps WLD-USD | +0.0093% | 1h | 0.4552 | −0.088% | $40K | $2.4M | 10x | as long as short |
| Orderly PERP_WLD_USDC | +0.0099% | 8h | 0.4554 | −0.044% | $28K | $790K | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4552 | −0.079% | $227K | $1.1M | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4549 | −0.162% | $51K | $539K | 5x | as long as short |
dYdX WLD-USD
Kalshi KXWLDPERP
gTrade (Gains Network) WLD/USD
KuCoin WLDUSDTM
01 Exchange WLDUSD
Polymarket Perps WLD-USD
Orderly PERP_WLD_USDC
Aster WLDUSDT
Pacifica WLDShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance WLDUSDT | +0.0100% | 8h | 0.4556 | 0.000% | $86.9M | $338.5M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4555 | −0.022% | $64.9M | $91.5M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4556 | 0.000% | $34.4M | $155.3M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4555 | −0.022% | $7.2M | $37.7M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4554 | −0.044% | $39.6M | $56.2M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4554 | −0.044% | $30.1M | $31.1M | 75x | as long as short |
| BingX WLD-USDT | +0.0100% | 8h | 0.4554 | −0.044% | — | $70.1M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4557 | +0.028% | $135K | $300K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4542 | −0.313% | $2.1M | $1.7M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4543 | −0.278% | $27K | $322K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4547 | −0.198% | $607K | $2.0M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4541 | −0.330% | $48K | $240K | 50x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4555 | −0.022% | $23K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4552 | −0.088% | $205 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4548 | −0.176% | $832K | $1.7M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4552 | −0.088% | $1.8M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4552 | −0.083% | $222K | $999K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4554 | −0.038% | $31K | $500 | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4553 | −0.072% | — | — | 20x | as long as short |
| Phoenix WLD | +0.0142% | 1h | 0.4534 | −0.488% | $5K | $52K | 10x | as long as short |
| Lighter WLD | +0.0144% | 1h | 0.4558 | +0.039% | $4.9M | $2.9M | 10x | as long as short |
| Injective WLD/USDC PERP | +0.0176% | 1h | 0.4544 | −0.264% | $6K | $185K | 5.5x | as long as short |
| Deribit WLD_USDC-PERPETUAL | +0.0189% | 1h | 0.4555 | −0.022% | $145K | $1.0M | 25x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0219% / S −0.0967% | 1h | 0.4553 | −0.066% | $4K | — | 100x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4557 | +0.022% | $4.8M | $925K | 75x | as long as short |
| Hyperliquid WLD | +0.0328% | 1h | 0.4563 | +0.151% | $49.5M | $44.2M | 10x | as long as short |
| Kraken Futures PF_WLDUSDlong | +0.0497% | 1h | 0.4556 | long leg | $867K | $2.9M | 50x | |
| Coinbase International WLD-PERP-INTX | +0.0536% | 1h | 0.4560 | +0.087% | $278K | $1.7M | 50x | as long as short |
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
ApeX Omni WLDUSDT
SunX WLD-USDT
SoDEX WLD-USD
HTX WLD-USDT
Phemex WLDUSDT
Extended WLD-USD
Aevo WLD-PERP
Reya WLDRUSDPERP
Phoenix WLD
Lighter WLD
Injective WLD/USDC PERP
Deribit WLD_USDC-PERPETUAL
GMX WLD/USD [ETH-USDC]
BloFin WLD-USDT
Hyperliquid WLD
Coinbase International WLD-PERP-INTX