Funding you earn now, next payment 05:00 UTC+0.0436%/8h= +47.7% APRnext payment +$0.54 per $10,000 · paid last 24h +0.071%
Price spread now: Coinbase International against Pacifica+0.067%7-day average +0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$610.609% of the position
Funding, last 7 days+0.037%+$4 on $10k
+Price spread, last 4 days (all we have)−0.055%−$5 · spread now +0.067%, 7d avg +0.033%
=Together, before fees−0.018%+ Points / potential airdropPacifica: Active · farm board−$2 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and Coinbase International is 0.033% dearer against Pacifica than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.033%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.037% in total (about 1.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.54 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 | Pacifica WLD | 0.4501 | 0.0100 | pay 0.0013% / 1h | 42m 16s | $50K | $541K | 5x |
| Short | Coinbase International WLD-PERP-INTX | 0.4504 | 0.0536 | get 0.0067% / 1h | 42m 16s | $275K | $1.7M | 50x |
Pacifica WLD
Coinbase International WLD-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Pacifica. 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
- $91.56
- Price spread: +0.067% → +0.033%
- $3.34
- Slippage, 4 orders
- −$42.93
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $33.97
- Costs to cover
- 0.609%
- Break-even
- 4.4 days
Slippage from Pacifica: live order book, 6 min ago; Coinbase International: live order book, 1 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 Pacifica live order book, 6 min ago | 3.32 bp | 10.5 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 1 min ago | 6.67 bp | 15.4 bp −$15 | 19.3 bp −$193 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Nado WLD-PERP | −0.0051% | 1h | 0.4493 | −0.178% | $241K | $208K | 5x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4504 | +0.075% | $154K | $33K | 10x | as long as short |
| Kalshi KXWLDPERP | 0.0000% | 8h | 0.4498 | −0.067% | $73K | $4.8M | 1.7x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4500 | −0.022% | $144K | $1.0M | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4496 | −0.110% | $65K | — | 150x | as long as short |
| KuCoin WLDUSDTM | +0.0044% | 8h | 0.4497 | −0.089% | $6.7M | $11.9M | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0049% | 1h | 0.4493 | −0.187% | $37K | $2.4M | 10x | as long as short |
| 01 Exchange WLDUSD | +0.0056% | 1h | 0.4496 | −0.122% | $322 | $55 | 5x | as long as short |
| Orderly PERP_WLD_USDC | +0.0098% | 8h | 0.4498 | −0.067% | $28K | $838K | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4501 | −0.005% | $225K | $1.1M | 50x | as long as short |
Nado WLD-PERP
dYdX WLD-USD
Kalshi KXWLDPERP
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
KuCoin WLDUSDTM
Polymarket Perps WLD-USD
01 Exchange WLDUSD
Orderly PERP_WLD_USDC
Aster WLDUSDTShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica WLDlong | +0.0100% | 1h | 0.4501 | long leg | $50K | $541K | 5x | |
| Binance WLDUSDT | +0.0100% | 8h | 0.4500 | −0.022% | $85.3M | $337.8M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4499 | −0.044% | $64.0M | $91.8M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4499 | −0.044% | $34.0M | $153.0M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4501 | 0.000% | $7.2M | $36.8M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4500 | −0.022% | $38.6M | $55.6M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4499 | −0.044% | $29.7M | $31.0M | 75x | as long as short |
| BingX WLD-USDC | +0.0100% | 8h | 0.4500 | −0.022% | — | $1.3M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4502 | +0.013% | $134K | $307K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4501 | −0.006% | $2.0M | $1.7M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4507 | +0.133% | $27K | $321K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4505 | +0.086% | $602K | $2.0M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4506 | +0.111% | $48K | $240K | 50x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4505 | +0.089% | $22K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4501 | 0.000% | $209 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4492 | −0.200% | $822K | $1.8M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4501 | 0.000% | $1.8M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4495 | −0.125% | $220K | $999K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4499 | −0.054% | $31K | $600 | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4492 | −0.191% | — | — | 20x | as long as short |
| Phoenix WLD | +0.0142% | 1h | 0.4506 | +0.100% | $5K | $52K | 10x | as long as short |
| Lighter WLD | +0.0152% | 1h | 0.4504 | +0.076% | $4.9M | $2.9M | 10x | as long as short |
| Injective WLD/USDC PERP | +0.0176% | 1h | 0.4519 | +0.400% | $6K | $185K | 5.5x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0219% / S −0.0967% | 1h | 0.4496 | −0.115% | $4K | — | 100x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4498 | −0.067% | $3.8M | $925K | 75x | as long as short |
| Hyperliquid WLD | +0.0313% | 1h | 0.4505 | +0.098% | $48.9M | $44.1M | 10x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0503% | 1h | 0.4505 | +0.092% | $859K | $2.9M | 50x | as long as short |
| Coinbase International WLD-PERP-INTXshort | +0.0536% | 1h | 0.4504 | +0.067% | $275K | $1.7M | 50x |
Binance WLDUSDT
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
SunX WLD-USDT
SoDEX WLD-USD
HTX WLD-USDT
Phemex WLDUSDT
Extended WLD-USD
Aevo WLD-PERP
Reya WLDRUSDPERP
Phoenix WLD
Lighter WLD
Injective WLD/USDC PERP
GMX WLD/USD [ETH-USDC]
BloFin WLD-USDT
Hyperliquid WLD
Kraken Futures PF_WLDUSD