Funding you earn now, next payment 08:00 UTC+0.0139%/8h= +15.2% APRnext payment +$1.39 per $10,000 · paid last 24h −0.004%
Price spread now: Bybit against KuCoin+0.022%7-day average −0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$630.626% of the position
Funding, last 7 days−0.008%−$1 on $10k
+Price spread, last 7 days−0.026%−$3 · spread now +0.022%, 7d avg −0.009%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Bybit is 0.030% dearer against KuCoin than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.009%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin WLDUSDTM | 0.4618 | −0.0039 | get 0.0039% / 8h | 5h 39m | $7.1M | $11.6M | 50x |
| Short | Bybit WLDUSDT | 0.4619 | 0.0100 | get 0.0100% / 8h | 5h 39m | $66.0M | $87.9M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against KuCoin. 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
- $29.19
- Price spread: +0.022% → −0.009%
- $3.04
- Slippage, 4 orders
- −$39.58
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$30.35
- Costs to cover
- 0.626%
- Break-even
- 14.3 days
Slippage from KuCoin: live order book, 4 min ago; Bybit: live order book, 4 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 KuCoin live order book, 4 min ago | 3.22 bp | 16.4 bp −$16 | 46.0 bp −$460 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 1.08 bp | 12.5 bp −$12 | 24.3 bp −$243 | 107.1 bp −$10.7K | 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 | −0.0139% | 8h | 0.4633 | +0.325% | $58K | $4.5M | 1.7x | as long as short |
| KuCoin WLDUSDTMlong | −0.0039% | 8h | 0.4618 | long leg | $7.1M | $11.6M | 50x | |
| dYdX WLD-USD | 0.0000% | 1h | 0.4621 | +0.056% | $165K | $26K | 10x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4632 | +0.297% | $55K | — | 150x | as long as short |
| Nado WLD-PERP | +0.0059% | 1h | 0.4628 | +0.211% | $268K | $187K | 5x | as long as short |
| Orderly PERP_WLD_USDC | +0.0072% | 8h | 0.4634 | +0.346% | $28K | $893K | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4632 | +0.302% | $177K | $1.0M | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4622 | +0.083% | $48K | $511K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4620 | +0.044% | $87.7M | $325.0M | 75x | as long as short |
| Bybit WLDUSDTshort | +0.0100% | 8h | 0.4619 | +0.022% | $66.0M | $87.9M | 50x |
Show all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4619 | +0.022% | $34.9M | $148.7M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4619 | +0.022% | $7.2M | $36.8M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4620 | +0.043% | $45.5M | $54.3M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4617 | −0.022% | $30.6M | $29.4M | 75x | as long as short |
| BingX WLD-USDT | +0.0100% | 8h | 0.4620 | +0.043% | — | $67.1M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4634 | +0.349% | $138K | $288K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4632 | +0.294% | $2.1M | $1.8M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4631 | +0.276% | $28K | $317K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4659 | +0.880% | $617K | $1.8M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4646 | +0.606% | $51K | $236K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4631 | +0.279% | $54K | $2.0M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4637 | +0.411% | $23K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4631 | +0.282% | $294 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4634 | +0.346% | $846K | $1.9M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4634 | +0.346% | $1.8M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4617 | −0.017% | $213K | $927K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4632 | +0.314% | $31K | $600 | 3x | as long as short |
| 01 Exchange WLDUSD | +0.0120% | 1h | 0.4619 | +0.024% | $330 | $80 | 5x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4629 | +0.232% | — | — | 20x | as long as short |
| Phoenix WLD | +0.0172% | 1h | 0.4639 | +0.463% | $5K | $57K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | +0.0182% | 1h | 0.4635 | +0.368% | $120K | $923K | 25x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4627 | +0.195% | $5.0M | $803K | 75x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0230% / S −0.1268% | 1h | 0.4632 | +0.303% | $5K | — | 100x | as long as short |
| Lighter WLD | +0.0320% | 1h | 0.4625 | +0.156% | $5.0M | $2.3M | 10x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0480% | 1h | 0.4640 | +0.476% | $276K | $1.7M | 50x | as long as short |
| Hyperliquid WLD | +0.0521% | 1h | 0.4631 | +0.290% | $51.5M | $42.9M | 10x | as long as short |
| Injective WLD/USDC PERP | +0.0677% | 1h | 0.4650 | +0.693% | $6K | $185K | 5.5x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0894% | 1h | 0.4634 | +0.337% | $902K | $2.9M | 50x | as long as short |
KuCoin WLDUSDTM
Bybit WLDUSDT
Kalshi KXWLDPERP
gTrade (Gains Network) WLD/USD
Aster WLDUSDT
Pacifica WLD
Binance 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
Polymarket Perps WLD-USD
SunX WLD-USDT
SoDEX WLD-USD
HTX WLD-USDT
Phemex WLDUSDT
Extended WLD-USD
01 Exchange WLDUSD
Phoenix WLD
Deribit WLD_USDC-PERPETUAL
BloFin WLD-USDT
GMX WLD/USD [ETH-USDC]
Lighter WLD
Coinbase International WLD-PERP-INTX
Hyperliquid WLD
Injective WLD/USDC PERP
Kraken Futures PF_WLDUSD