Funding you earn now, next payment 07:00 UTC+0.1030%/8h= +112.7% APRnext payment +$1.29 per $10,000 · paid last 24h +0.078%
Price spread now: Kraken Futures against Nado−0.004%7-day average +0.074% · 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−$64as in the Price arb table
costs, in and out, $10k−$570.566% of the position
Funding, last 3 days (all we have)+0.108%+$11 on $10k
+Price spread, last 4 days (all we have)+0.247%+$25 · spread now −0.004%, 7d avg +0.074%
=Together, before fees+0.354%+ Points / potential airdropNado: Active · farm board+$35 on $10k · with fees, hour by hour
Funding pays, the price is against you. Kraken Futures is 0.078% cheaper against Nado than usual: you would sell low and buy high (spread −0.004% now, against its 7-day average of +0.074%). If the spread goes back, that is −$8 on $10k: about 6 hours of funding at the current rate (+$31 a day). At the pace of the last 3 days (+0.108% in total) that is about 2.5 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.108% in total (about 11.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.29 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 | Nado WLD-PERP | 0.4518 | 0.0018 | pay 0.0002% / 1h | 31m 11s | $238K | $170K | 5x |
| Short | Kraken Futures PF_WLDUSD | 0.4518 | 0.1048 | get 0.0131% / 1h | 31m 11s | $867K | $2.9M | 50x |
Nado WLD-PERP
Kraken Futures PF_WLDUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Nado. 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
- $216.23
- Price spread: −0.004% → +0.074%
- −$7.78
- Slippage, 4 orders
- −$39.6
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $151.84
- Costs to cover
- 0.566%
- Break-even
- 2.1 days
Slippage from Nado: live order book, 11 min ago; Kraken Futures: 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 Nado live order book, 11 min ago | 7.28 bp | 12.6 bp −$13 | 33.1 bp −$331 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 3 min ago | 7.74 bp | 17.2 bp −$17 | 29.8 bp −$298 | 892.6 bp −$89.3K | 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 | 0.4518 | −0.007% | $154K | $33K | 10x | as long as short |
| Kalshi KXWLDPERP | 0.0000% | 8h | 0.4525 | +0.144% | $55K | $4.8M | 1.7x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4519 | +0.011% | $150K | $967K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4517 | −0.034% | $65K | — | 150x | as long as short |
| Nado WLD-PERPlong | +0.0018% | 1h | 0.4518 | long leg | $238K | $170K | 5x | |
| KuCoin WLDUSDTM | +0.0088% | 8h | 0.4517 | −0.033% | $6.6M | $11.9M | 50x | as long as short |
| Orderly PERP_WLD_USDC | +0.0099% | 8h | 0.4519 | +0.011% | $27K | $786K | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4518 | −0.012% | $226K | $1.1M | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4518 | −0.002% | $50K | $541K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4517 | −0.033% | $86.1M | $338.6M | 75x | as long as short |
dYdX WLD-USD
Kalshi KXWLDPERP
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
KuCoin WLDUSDTM
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 | 0.4515 | −0.077% | $64.5M | $90.8M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4517 | −0.033% | $34.1M | $153.2M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4517 | −0.033% | $7.1M | $36.3M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4517 | −0.033% | $39.9M | $57.4M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4517 | −0.033% | $29.8M | $31.1M | 75x | as long as short |
| BingX WLD-USDC | +0.0100% | 8h | 0.4515 | −0.077% | — | $1.3M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4519 | +0.009% | $134K | $296K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4514 | −0.106% | $2.0M | $1.6M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4516 | −0.062% | $27K | $321K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4521 | +0.045% | $604K | $2.1M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4521 | +0.055% | $48K | $239K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4516 | −0.044% | $47K | $2.6M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4527 | +0.188% | $22K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4517 | −0.033% | $219 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4515 | −0.077% | $825K | $1.7M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4518 | −0.011% | $1.8M | $3.6M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4515 | −0.079% | $208K | $1.0M | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4519 | +0.012% | $31K | $500 | 3x | as long as short |
| Injective WLD/USDC PERP | +0.0132% | 1h | 0.4581 | +1.383% | $6K | $185K | 5.5x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4517 | −0.032% | — | — | 20x | as long as short |
| 01 Exchange WLDUSD | +0.0136% | 1h | 0.4519 | +0.002% | $323 | $55 | 5x | as long as short |
| Lighter WLD | +0.0152% | 1h | 0.4523 | +0.097% | $4.9M | $2.9M | 10x | as long as short |
| Phoenix WLD | +0.0158% | 1h | 0.4525 | +0.135% | $5K | $44K | 10x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0219% / S −0.0967% | 1h | 0.4519 | +0.015% | $4K | — | 100x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4516 | −0.055% | $4.8M | $918K | 75x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0488% | 1h | 0.4525 | +0.144% | $273K | $1.6M | 50x | as long as short |
| Hyperliquid WLD | +0.0584% | 1h | 0.4523 | +0.108% | $49.5M | $44.2M | 10x | as long as short |
| Kraken Futures PF_WLDUSDshort | +0.1048% | 1h | 0.4518 | −0.004% | $867K | $2.9M | 50x |
Bybit WLDUSDT
OKX WLD-USDT-SWAP
Gate WLD_USDT
MEXC 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
Aevo WLD-PERP
Injective WLD/USDC PERP
Reya WLDRUSDPERP
01 Exchange WLDUSD
Lighter WLD
Phoenix WLD
GMX WLD/USD [ETH-USDC]
BloFin WLD-USDT
Coinbase International WLD-PERP-INTX
Hyperliquid WLD