Funding you earn now, next payment 06:00 UTC+0.0388%/8h= +42.5% APRpaid last 24h +0.089%
Price spread now: Coinbase International against MEXC+0.177%7-day average +0.072% · you sell dearer than you buy
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$450.449% of the position
Funding, last 7 days+0.152%+$15 on $10k
+Price spread, last 4 days (all we have)−0.143%−$14 · spread now +0.177%, 7d avg +0.072%
=Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Coinbase International is 0.105% dearer against MEXC than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.072%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.152% in total (about 7.9% 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 | MEXC WLD_USDT | 0.4514 | 0.0100 | pay 0.0100% / 8h | 1h 35m | $40.1M | $57.0M | 300x |
| Short | Coinbase International WLD-PERP-INTX | 0.4522 | 0.0488 | get 0.0061% / 1h | 35m 40s | $272K | $1.7M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against MEXC. 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
- $81.48
- Price spread: +0.177% → +0.072%
- $10.49
- Slippage, 4 orders
- −$34.87
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $47.11
- Costs to cover
- 0.449%
- Break-even
- 3.0 days
Slippage from MEXC: live order book, 3 min ago; Coinbase International: live order book, 3 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 MEXC live order book, 3 min ago | 1.11 bp | 1.1 bp −$1 | 4.1 bp −$41 | 27.2 bp −$2,723 | 77.3 bp −$38.6K |
| Sell Coinbase International live order book, 3 min ago | 7.74 bp | 16.4 bp −$16 | 23.1 bp −$231 | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX WLD-USD | 0.0000% | 1h | 0.4516 | +0.037% | $154K | $33K | 10x | as long as short |
| Kalshi KXWLDPERP | 0.0000% | 8h | 0.4516 | +0.044% | $55K | $4.8M | 1.7x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4517 | +0.066% | $150K | $1.0M | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4516 | +0.053% | $65K | — | 150x | as long as short |
| Nado WLD-PERP | +0.0026% | 1h | 0.4515 | +0.011% | $238K | $170K | 5x | as long as short |
| KuCoin WLDUSDTM | +0.0079% | 8h | 0.4518 | +0.089% | $6.7M | $11.9M | 50x | as long as short |
| Orderly PERP_WLD_USDC | +0.0099% | 8h | 0.4516 | +0.044% | $27K | $787K | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4517 | +0.071% | $226K | $1.1M | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4517 | +0.061% | $50K | $541K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4516 | +0.034% | $86.1M | $340.1M | 75x | as long as short |
Show all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit WLDUSDT | +0.0100% | 8h | 0.4512 | −0.044% | $64.5M | $91.8M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4512 | −0.044% | $34.1M | $154.0M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4514 | 0.000% | $7.1M | $36.3M | 75x | as long as short |
| MEXC WLD_USDTlong | +0.0100% | 8h | 0.4514 | long leg | $40.1M | $57.0M | 300x | |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4513 | −0.022% | $29.7M | $31.2M | 75x | as long as short |
| BingX WLD-USDC | +0.0100% | 8h | 0.4515 | +0.022% | — | $1.3M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4518 | +0.089% | $134K | $299K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4514 | −0.006% | $2.0M | $1.6M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4521 | +0.148% | $27K | $320K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4534 | +0.452% | $599K | $2.0M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4539 | +0.554% | $48K | $240K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4512 | −0.051% | $47K | $2.6M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4521 | +0.155% | $22K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4517 | +0.066% | $214 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4519 | +0.111% | $826K | $1.7M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4522 | +0.177% | $1.8M | $3.6M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4511 | −0.069% | $208K | $1.0M | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4517 | +0.078% | $31K | $500 | 3x | as long as short |
| Injective WLD/USDC PERP | +0.0132% | 1h | 0.4581 | +1.484% | $6K | $185K | 5.5x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4512 | −0.049% | — | — | 20x | as long as short |
| Lighter WLD | +0.0144% | 1h | 0.4521 | +0.151% | $4.9M | $2.9M | 10x | as long as short |
| 01 Exchange WLDUSD | +0.0144% | 1h | 0.4519 | +0.117% | $323 | $55 | 5x | as long as short |
| Phoenix WLD | +0.0158% | 1h | 0.4526 | +0.268% | $5K | $44K | 10x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0219% / S −0.0967% | 1h | 0.4515 | +0.026% | $4K | — | 100x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4522 | +0.177% | $4.8M | $929K | 75x | as long as short |
| Coinbase International WLD-PERP-INTXshort | +0.0488% | 1h | 0.4522 | +0.177% | $272K | $1.7M | 50x | |
| Hyperliquid WLD | +0.0624% | 1h | 0.4525 | +0.233% | $49.6M | $44.2M | 10x | as long as short |
| Kraken Futures PF_WLDUSD | +0.1047% | 1h | 0.4520 | +0.126% | $868K | $2.9M | 50x | as long as short |
MEXC WLD_USDT
Coinbase International WLD-PERP-INTX
Kalshi KXWLDPERP
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
KuCoin WLDUSDTM
Aster WLDUSDT
Pacifica WLD
Binance WLDUSDT
Bybit WLDUSDT
OKX WLD-USDT-SWAP
Gate 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
Injective WLD/USDC PERP
Lighter WLD
01 Exchange WLDUSD
Phoenix WLD
GMX WLD/USD [ETH-USDC]
BloFin WLD-USDT
Hyperliquid WLD
Kraken Futures PF_WLDUSD