Funding you earn now, next payment 23:00 UTC−0.0050%/8h= −5.5% APRnext payment −$0.06 per $10,000 · paid last 24h −0.040%
Price spread now: Nado against Pacifica−0.090%7-day average −0.045% · 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−$61as in the Price arb table
costs, in and out, $10k−$560.565% of the position
Funding, last 3 days (all we have)−0.139%−$14 on $10k
+Price spread, last 3 days (all we have)+0.148%+$15 · spread now −0.090%, 7d avg −0.045%
=Together, before fees+0.009%+ Points / potential airdropPacifica: Active · Nado: Active · farm board+$1 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Nado is 0.045% cheaper against Pacifica than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.045%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica WLD | 0.4567 | 0.0100 | pay 0.0013% / 1h | 12m 58s | $53K | $481K | 5x |
| Short | Nado WLD-PERP | 0.4563 | 0.0050 | get 0.0006% / 1h | 12m 58s | $275K | $169K | 5x |
Pacifica WLD
Nado WLD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado 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
- −$10.6
- Price spread: −0.090% → −0.045%
- −$4.48
- Slippage, 4 orders
- −$41.46
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$71.55
- Costs to cover
- 0.565%
- Break-even
- never at this rate
Slippage from Pacifica: live order book, 6 min ago; Nado: live order book, 5 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 | 1.09 bp | 15.3 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
| Sell Nado live order book, 5 min ago | 7.55 bp | 11.5 bp −$11 | 52.4 bp −$524 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kalshi KXWLDPERP | −0.0299% | 8h | 0.4568 | +0.019% | $61K | $3.8M | 1.7x | as long as short |
| Injective WLD/USDC PERP | −0.0079% | 1h | 0.4578 | +0.238% | $6K | $185K | 5.5x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4566 | −0.032% | $163K | $13K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4566 | −0.024% | $107K | $900K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4565 | −0.044% | $57K | — | 150x | as long as short |
| Orderly PERP_WLD_USDC | +0.0006% | 8h | 0.4564 | −0.068% | $28K | $912K | 10x | as long as short |
| KuCoin WLDUSDTM | +0.0007% | 8h | 0.4566 | −0.024% | $7.0M | $10.8M | 50x | as long as short |
| Nado WLD-PERPshort | +0.0050% | 1h | 0.4563 | −0.090% | $275K | $169K | 5x | |
| Variational Omni WLD | +0.0094% | 8h | 0.4568 | +0.018% | $2.1M | $1.6M | — | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4570 | +0.071% | $194K | $999K | 50x | as long as short |
Kalshi KXWLDPERP
Injective WLD/USDC PERP
dYdX WLD-USD
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
Orderly PERP_WLD_USDC
KuCoin WLDUSDTM
Variational Omni WLD
Aster WLDUSDTShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica WLDlong | +0.0100% | 1h | 0.4567 | long leg | $53K | $481K | 5x | |
| Binance WLDUSDT | +0.0100% | 8h | 0.4570 | +0.072% | $86.4M | $297.2M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4569 | +0.041% | $65.4M | $82.0M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4569 | +0.041% | $34.1M | $141.1M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4566 | −0.024% | $7.4M | $35.4M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4569 | +0.041% | $49.0M | $52.1M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4567 | −0.002% | $30.2M | $25.6M | 75x | as long as short |
| BingX WLD-USDT | +0.0100% | 8h | 0.4569 | +0.041% | — | $67.8M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4569 | +0.039% | $129K | $269K | 10x | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4570 | +0.058% | $27K | $317K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4569 | +0.034% | $614K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4567 | −0.002% | $55K | $227K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4566 | −0.029% | $41K | $1.6M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4570 | +0.063% | $23K | $1.5M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4566 | −0.024% | $201 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4564 | −0.068% | $862K | $1.8M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4567 | −0.002% | $1.8M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4568 | +0.010% | $240K | $855K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4567 | −0.002% | $31K | $5K | 3x | as long as short |
| Phoenix WLD | +0.0124% | 1h | 0.4576 | +0.201% | $5K | $53K | 10x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4563 | −0.093% | — | — | 20x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0187% | 1h | 0.4570 | +0.053% | $910K | $2.6M | 50x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4564 | −0.068% | $4.9M | $811K | 75x | as long as short |
| 01 Exchange WLDUSD | +0.0248% | 1h | 0.4569 | +0.035% | $327 | $77 | 5x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0260% / S −0.2221% | 1h | 0.4565 | −0.054% | $9K | — | 100x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0424% | 1h | 0.4580 | +0.282% | $270K | $1.6M | 50x | as long as short |
| Hyperliquid WLD | +0.0700% | 1h | 0.4572 | +0.109% | $49.6M | $43.2M | 10x | as long as short |
| Lighter WLD | +0.1000% | 1h | 0.4578 | +0.241% | $5.2M | $2.1M | 10x | as long as short |
Binance WLDUSDT
Bybit WLDUSDT
OKX WLD-USDT-SWAP
Gate WLD_USDT
MEXC WLD_USDT
Bitget WLDUSDT
BingX WLD-USDT
Backpack WLD_USDC_PERP
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
Phoenix WLD
Reya WLDRUSDPERP
Kraken Futures PF_WLDUSD
BloFin WLD-USDT
01 Exchange WLDUSD
GMX WLD/USD [ETH-USDC]
Coinbase International WLD-PERP-INTX
Hyperliquid WLD
Lighter WLD