Funding you earn now, next payment 02:00 UTC+0.0073%/8h= +8.0% APRpaid last 24h −0.029%
Price spread now: Deribit against OKX+0.191%46s7-day average +0.075% · you sell dearer than you buy
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$390.389% of the position
Funding, last 7 days−0.095%−$9 on $10k
+Price spread, last 3 days (all we have)+0.023%+$2 · spread now +0.191%, 7d avg +0.075%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Deribit is 0.115% dearer against OKX than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.075%. Mind the row above: over the last 7 days funding on this pair cost −0.095%, so the current rate has only just turned in your favour. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX WLD-USDT-SWAP | 0.4720 | 0.0100 | pay 0.0100% / 8h | 6h 49m | $35.7M | $153.0M | 50x |
| Short | Deribit WLD_USDC-PERPETUAL | 0.4729 | 0.0173 | get 0.0022% / 1h | 49m 39s | $133K | $909K | 25x |
OKX WLD-USDT-SWAP
Deribit WLD_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against OKX. 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
- $15.37
- Price spread: +0.191% → +0.075%
- $11.52
- Slippage, 4 orders
- −$21.94
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$12.04
- Costs to cover
- 0.389%
- Break-even
- 12.5 days
Slippage from OKX: live order book, 4 min ago; Deribit: live order book, 19 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 OKX live order book, 4 min ago | 1.07 bp | 10.1 bp −$10 | 23.4 bp −$234 | doesn't fit | doesn't fit |
| Sell Deribit live order book, 19 min ago | 5.29 bp | 8.8 bp −$9 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni WLDUSDT | −0.0236% | 1h | 0.4707 | −0.275% | $51K | $243K | 50x | as long as short |
| Injective WLD/USDC PERP | −0.0235% | 1h | 0.4675 | −0.953% | $6K | $185K | 5.5x | as long as short |
| Kalshi KXWLDPERP | −0.0155% | 8h | 0.4724 | +0.085% | $30K | $4.2M | 1.7x | as long as short |
| KuCoin WLDUSDTM | −0.0035% | 8h | 0.4717 | −0.064% | $7.1M | $11.4M | 50x | as long as short |
| Nado WLD-PERP | −0.0007% | 1h | 0.4724 | +0.095% | $274K | $178K | 5x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4718 | −0.048% | $161K | $19K | 10x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4725 | +0.106% | $67K | — | 150x | as long as short |
| Orderly PERP_WLD_USDC | +0.0053% | 8h | 0.4725 | +0.106% | $29K | $899K | 10x | as long as short |
| Phoenix WLD | +0.0068% | 1h | 0.4715 | −0.108% | $5K | $54K | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4726 | +0.127% | $183K | $1.0M | 50x | as long as short |
ApeX Omni WLDUSDT
Injective WLD/USDC PERP
Kalshi KXWLDPERP
KuCoin WLDUSDTM
Nado WLD-PERP
dYdX WLD-USD
gTrade (Gains Network) WLD/USD
Orderly PERP_WLD_USDC
Phoenix WLD
Aster WLDUSDTShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica WLD | +0.0100% | 1h | 0.4720 | 0.000% | $56K | $493K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4720 | +0.002% | $90.3M | $318.8M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4719 | −0.021% | $67.9M | $85.6M | 50x | as long as short |
| OKX WLD-USDT-SWAPlong | +0.0100% | 8h | 0.4720 | long leg | $35.7M | $153.0M | 50x | |
| Gate WLD_USDT | +0.0100% | 8h | 0.4717 | −0.064% | $7.5M | $36.6M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4719 | −0.021% | $48.3M | $54.6M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4720 | 0.000% | $31.6M | $28.4M | 75x | as long as short |
| BingX WLD-USDT | +0.0100% | 8h | 0.4719 | −0.021% | — | $67.5M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4733 | +0.271% | $141K | $285K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4706 | −0.301% | $2.1M | $1.7M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4688 | −0.668% | $28K | $317K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4708 | −0.262% | $623K | $1.9M | 10x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4730 | +0.208% | $69K | $1.9M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4732 | +0.254% | $24K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4729 | +0.191% | $225 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4721 | +0.021% | $894K | $1.9M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4726 | +0.127% | $1.9M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4716 | −0.082% | $218K | $879K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4728 | +0.159% | $32K | $600 | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4724 | +0.080% | — | — | 20x | as long as short |
| Deribit WLD_USDC-PERPETUALshort | +0.0173% | 1h | 0.4729 | +0.191% | $133K | $909K | 25x | |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4696 | −0.508% | $5.0M | $878K | 75x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0240% / S −0.1538% | 1h | 0.4726 | +0.121% | $6K | — | 100x | as long as short |
| 01 Exchange WLDUSD | +0.0336% | 1h | 0.4722 | +0.042% | $338 | $77 | 5x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0456% | 1h | 0.4728 | +0.169% | $278K | $1.7M | 50x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0633% | 1h | 0.4732 | +0.244% | $939K | $2.8M | 50x | as long as short |
| Hyperliquid WLD | +0.0725% | 1h | 0.4736 | +0.345% | $53.0M | $44.5M | 10x | as long as short |
| Lighter WLD | +0.0760% | 1h | 0.4730 | +0.214% | $5.4M | $2.1M | 10x | as long as short |
Pacifica WLD
Binance WLDUSDT
Bybit WLDUSDT
Gate WLD_USDT
MEXC WLD_USDT
Bitget WLDUSDT
BingX WLD-USDT
Backpack WLD_USDC_PERP
Variational Omni WLD
edgeX WLDUSDC
GRVT WLD_USDT_Perp
Polymarket Perps WLD-USD
SunX WLD-USDT
SoDEX WLD-USD
HTX WLD-USDT
Phemex WLDUSDT
Extended WLD-USD
Aevo WLD-PERP
Reya WLDRUSDPERP
BloFin WLD-USDT
GMX WLD/USD [ETH-USDC]
01 Exchange WLDUSD
Coinbase International WLD-PERP-INTX
Kraken Futures PF_WLDUSD
Hyperliquid WLD
Lighter WLD