WLD

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0137%/8h= +15.0% APRnext payment +$1.37 per $10,000 · paid last 24h +0.021%

Price spread now: Phemex against KuCoin+0.043%7-day average +0.032% · you sell dearer than you buy

Net, funding: paid 7d − costs−$129as in the Funding arb table

Net, price: spread back to 7d avg − costs−$137as in the Price arb table

costs, in and out, $10k−$1381.384% of the position

Long on KuCoin Short on Phemex

What this pair did over the last

the charts below follow

Funding, last 7 days+0.097%+$10 on $10k

Price spread, last 3 days (all we have)+0.080%+$8 · spread now +0.043%, 7d avg +0.032%

Together, before fees+0.177%+$18 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.032%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin WLDUSDTM	0.4672	−0.0037	get 0.0037% / 8h	6h 04m	$7.1M	$11.5M	50x
Short	Phemex WLDUSDT	0.4674	0.0100	get 0.0100% / 8h	6h 04m	$1.9M	$3.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phemex against KuCoin. 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

Position, each leg$Hold fordaysFee KuCoinbpFee PhemexbpOrdersPrice spread, now +0.043%Rate

Funding earned: $28.77
Price spread: +0.043% → +0.032%: $1.04
Slippage, 4 orders: −$114.37
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Phemex: 6 bp × 2 orders: −$12
Net: −$108.56
Costs to cover: 1.384%
Break-even: 33.4 days

Slippage from KuCoin: live order book, 4 min ago; Phemex: 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	2.14 bp	21.5 bp −$21	38.5 bp −$385	doesn't fit	doesn't fit
Sell Phemex live order book, 4 min ago	7.48 bp	40.9 bp −$41	doesn't fit	doesn't fit	doesn't fit

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	−0.128%	$6K	$185K	5.5x	as long as short
Kalshi KXWLDPERP	−0.0139%	8h	0.4670	−0.043%	$71K	$4.5M	1.7x	as long as short
KuCoin WLDUSDTMlong	−0.0037%	8h	0.4672	long leg	$7.1M	$11.5M	50x
dYdX WLD-USD	0.0000%	1h	0.4670	−0.039%	$166K	$26K	10x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4677	+0.106%	$56K	—	150x	as long as short
Nado WLD-PERP	+0.0008%	1h	0.4674	+0.037%	$271K	$189K	5x	as long as short
Orderly PERP_WLD_USDC	+0.0065%	8h	0.4676	+0.086%	$28K	$895K	10x	as long as short
Phoenix WLD	+0.0068%	1h	0.4662	−0.218%	$5K	$54K	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4676	+0.084%	$179K	$1.0M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4674	+0.053%	$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	0.4678	+0.128%	$89.1M	$324.8M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4677	+0.107%	$66.7M	$87.6M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4675	+0.064%	$35.2M	$152.1M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4677	+0.107%	$7.3M	$38.1M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4678	+0.128%	$46.1M	$56.3M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4674	+0.043%	$31.1M	$29.5M	75x	as long as short
BingX WLD-USDC	+0.0100%	8h	0.4678	+0.128%	—	$1.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4663	−0.195%	$139K	$289K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4672	−0.007%	$2.1M	$1.7M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4677	+0.099%	$28K	$318K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4657	−0.315%	$615K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4675	+0.064%	$51K	$235K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4679	+0.158%	$55K	$2.1M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4681	+0.193%	$23K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4674	+0.043%	$222	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4673	+0.021%	$854K	$1.9M	50x	as long as short
Phemex WLDUSDTshort	+0.0100%	8h	0.4674	+0.043%	$1.9M	$3.7M	50x
Extended WLD-USD	+0.0104%	1h	0.4672	−0.007%	$215K	$889K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4674	+0.038%	$32K	$600	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4676	+0.090%	—	—	20x	as long as short
Deribit WLD_USDC-PERPETUAL	+0.0178%	1h	0.4677	+0.107%	$120K	$922K	25x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0230% / S −0.1268%	1h	0.4677	+0.117%	$5K	—	100x	as long as short
01 Exchange WLDUSD	+0.0280%	1h	0.4677	+0.111%	$335	$80	5x	as long as short
Coinbase International WLD-PERP-INTX	+0.0456%	1h	0.4684	+0.257%	$278K	$1.7M	50x	as long as short
Hyperliquid WLD	+0.0552%	1h	0.4682	+0.212%	$52.1M	$43.3M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.0640%	1h	0.4676	+0.078%	$907K	$2.9M	50x	as long as short
Lighter WLD	+0.0872%	1h	0.4686	+0.289%	$5.3M	$2.1M	10x	as long as short