Funding you earn now, next payment 05:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.13 per $10,000 · paid last 24h −0.026%
Price spread now: dYdX against Pacifica−0.032%7-day average −0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$155as in the Funding arb table
Net, price: spread back to 7d avg − costs−$137as in the Price arb table
costs, in and out, $10k−$1351.348% of the position
Funding, last 7 days−0.201%−$20 on $10k
+Price spread, last 4 days (all we have)−0.025%−$3 · spread now −0.032%, 7d avg −0.009%
=Together, before fees−0.226%+ Points / potential airdropPacifica: Active · farm board−$23 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and dYdX is 0.023% cheaper against Pacifica than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.009%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica WLD | 0.4526 | 0.0100 | pay 0.0013% / 1h | 12m 15s | $50K | $526K | 5x |
| Short | dYdX WLD-USD | 0.4525 | 0 | get 0.0000% / 1h | 12m 15s | $154K | $33K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX 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
- −$21
- Price spread: −0.032% → −0.009%
- −$2.31
- Slippage, 4 orders
- −$116.84
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$158.15
- Costs to cover
- 1.348%
- Break-even
- never at this rate
Slippage from Pacifica: live order book, 41 min ago; dYdX: live order book, 42 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, 41 min ago | 2.17 bp | 10.8 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell dYdX live order book, 42 min ago | 50.95 bp | 55.9 bp −$56 | 154.4 bp −$1,544 | 219.8 bp −$22.0K | 346.7 bp −$173.3K |
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 | −0.0025% | 1h | 0.4521 | −0.103% | $240K | $205K | 5x | as long as short |
| dYdX WLD-USDshort | 0.0000% | 1h | 0.4525 | −0.032% | $154K | $33K | 10x | |
| Kalshi KXWLDPERP | 0.0000% | 8h | 0.4520 | −0.136% | $65K | $4.7M | 1.7x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4521 | −0.114% | $118K | $986K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4521 | −0.119% | $65K | — | 150x | as long as short |
| KuCoin WLDUSDTM | +0.0031% | 8h | 0.4515 | −0.246% | $6.8M | $11.8M | 50x | as long as short |
| Orderly PERP_WLD_USDC | +0.0099% | 8h | 0.4520 | −0.136% | $28K | $868K | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4522 | −0.083% | $211K | $1.1M | 50x | as long as short |
| Pacifica WLDlong | +0.0100% | 1h | 0.4526 | long leg | $50K | $526K | 5x | |
| Binance WLDUSDT | +0.0100% | 8h | 0.4519 | −0.158% | $86.1M | $331.8M | 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 | 0.4519 | −0.158% | $64.3M | $90.2M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4521 | −0.114% | $34.1M | $151.1M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4520 | −0.136% | $7.2M | $36.7M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4518 | −0.180% | $40.1M | $55.4M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4518 | −0.180% | $29.8M | $30.2M | 75x | as long as short |
| BingX WLD-USDC | +0.0100% | 8h | 0.4519 | −0.158% | — | $1.3M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4526 | +0.001% | $134K | $304K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4533 | +0.145% | $2.1M | $1.7M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4538 | +0.264% | $27K | $321K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4539 | +0.284% | $602K | $2.0M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4544 | +0.394% | $48K | $241K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4518 | −0.187% | $54K | $2.2M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4522 | −0.092% | $22K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4520 | −0.136% | $203 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4518 | −0.180% | $826K | $1.8M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4520 | −0.136% | $1.8M | $3.6M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4519 | −0.164% | $214K | $984K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4522 | −0.098% | $31K | $600 | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4517 | −0.196% | — | — | 20x | as long as short |
| Injective WLD/USDC PERP | +0.0142% | 1h | 0.4538 | +0.262% | $6K | $185K | 5.5x | as long as short |
| Phoenix WLD | +0.0157% | 1h | 0.4532 | +0.138% | $5K | $52K | 10x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4524 | −0.048% | $4.8M | $878K | 75x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0229% / S −0.1268% | 1h | 0.4521 | −0.108% | $5K | — | 100x | as long as short |
| 01 Exchange WLDUSD | +0.0272% | 1h | 0.4521 | −0.120% | $323 | $55 | 5x | as long as short |
| Hyperliquid WLD | +0.0330% | 1h | 0.4523 | −0.061% | $49.3M | $43.7M | 10x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0525% | 1h | 0.4521 | −0.113% | $868K | $2.9M | 50x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0560% | 1h | 0.4525 | −0.025% | $263K | $1.6M | 50x | as long as short |
| Lighter WLD | +0.0752% | 1h | 0.4525 | −0.028% | $4.9M | $2.9M | 10x | as long as short |
Pacifica WLD
Kalshi KXWLDPERP
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
KuCoin WLDUSDTM
Aster WLDUSDT
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
Polymarket Perps WLD-USD
SunX WLD-USDT
SoDEX WLD-USD
HTX WLD-USDT
Phemex WLDUSDT
Extended WLD-USD
Injective WLD/USDC PERP
Phoenix WLD
BloFin WLD-USDT
GMX WLD/USD [ETH-USDC]
01 Exchange WLDUSD
Hyperliquid WLD
Kraken Futures PF_WLDUSD
Coinbase International WLD-PERP-INTX
Lighter WLD