Funding you earn now, next payment 00:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.020%
Price spread now: BloFin against SunX−0.218%55s7-day average −0.120% · you buy dearer than you sell
Net, funding: paid 7d − costs−$96as 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−$1081.081% of the position
Funding, last 7 days+0.123%+$12 on $10k
+Price spread, last 3 days (all we have)+0.054%+$5 · spread now −0.218%, 7d avg −0.120%
=Funding pays, the price is against you. BloFin is 0.098% cheaper against SunX than usual: you would sell low and buy high (spread −0.218% now, against its 7-day average of −0.120%). If the spread goes back, that is −$10 on $10k: about 2.7 days of funding at the current rate (+$4 a day). At the pace of the last 7 days (+0.123% in total) that is about 5.6 days. The two prices were read 55 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 | SunX WLD-USDT | 0.4582 | 0.0100 | pay 0.0100% / 8h | 1h 21m | $23K | $1.5M | 50x |
| Short | BloFin WLD-USDT | 0.4572 | 0.0220 | get 0.0220% / 8h | 1h 21m | $4.9M | $813K | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against SunX. 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
- $25.2
- Price spread: −0.218% → −0.120%
- −$9.78
- Slippage, 4 orders
- −$88.13
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$92.7
- Costs to cover
- 1.081%
- Break-even
- 32.8 days
Slippage from SunX: live order book, 3 min ago; BloFin: live order book, 7 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 SunX live order book, 3 min ago | 29.43 bp | 39.3 bp −$39 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 7 min ago | 1.09 bp | 12.2 bp −$12 | 19.0 bp −$190 | 45.2 bp −$4,522 | 119.0 bp −$59.5K |
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 | −0.0319% | 8h | 0.4573 | −0.196% | $61K | $3.8M | 1.7x | as long as short |
| Injective WLD/USDC PERP | −0.0079% | 1h | 0.4623 | +0.895% | $6K | $185K | 5.5x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4576 | −0.128% | $163K | $13K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4582 | 0.000% | $108K | $900K | 25x | as long as short |
| Orderly PERP_WLD_USDC | +0.0001% | 8h | 0.4579 | −0.065% | $28K | $913K | 10x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4580 | −0.040% | $57K | — | 150x | as long as short |
| KuCoin WLDUSDTM | +0.0004% | 8h | 0.4578 | −0.087% | $7.0M | $10.8M | 50x | as long as short |
| Nado WLD-PERP | +0.0054% | 1h | 0.4577 | −0.109% | $276K | $169K | 5x | as long as short |
| Variational Omni WLD | +0.0074% | 8h | 0.4588 | +0.129% | $2.1M | $1.6M | — | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4580 | −0.042% | $201K | $986K | 50x | as long as short |
Show all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica WLD | +0.0100% | 1h | 0.4577 | −0.100% | $53K | $481K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4583 | +0.030% | $86.7M | $297.5M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4584 | +0.044% | $65.7M | $82.1M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4583 | +0.022% | $34.3M | $141.7M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4580 | −0.044% | $7.4M | $35.3M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4580 | −0.044% | $49.0M | $51.9M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4582 | 0.000% | $30.2M | $25.5M | 75x | as long as short |
| BingX WLD-USDC | +0.0100% | 8h | 0.4581 | −0.022% | — | $1.3M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4585 | +0.061% | $129K | $270K | 10x | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4585 | +0.058% | $27K | $315K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4592 | +0.214% | $617K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4588 | +0.131% | $55K | $227K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4579 | −0.072% | $48K | $1.6M | 10x | as long as short |
| SunX WLD-USDTlong | +0.0100% | 8h | 0.4582 | long leg | $23K | $1.5M | 50x | |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4581 | −0.022% | $205 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4577 | −0.109% | $864K | $1.8M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4580 | −0.044% | $1.8M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4579 | −0.063% | $240K | $855K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4581 | −0.013% | $31K | $5K | 3x | as long as short |
| Phoenix WLD | +0.0124% | 1h | 0.4587 | +0.113% | $5K | $53K | 10x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4576 | −0.133% | — | — | 20x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0186% | 1h | 0.4586 | +0.080% | $908K | $2.6M | 50x | as long as short |
| BloFin WLD-USDTshort | +0.0220% | 8h | 0.4572 | −0.218% | $4.9M | $813K | 75x | |
| 01 Exchange WLDUSD | +0.0248% | 1h | 0.4582 | −0.004% | $328 | $77 | 5x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0260% / S −0.2221% | 1h | 0.4579 | −0.069% | $9K | — | 100x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0424% | 1h | 0.4586 | +0.087% | $270K | $1.6M | 50x | as long as short |
| Hyperliquid WLD | +0.0785% | 1h | 0.4587 | +0.113% | $49.9M | $43.1M | 10x | as long as short |
| Lighter WLD | +0.0952% | 1h | 0.4592 | +0.223% | $5.2M | $2.1M | 10x | as long as short |
SunX WLD-USDT
BloFin WLD-USDT
Kalshi KXWLDPERP
Injective WLD/USDC PERP
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
KuCoin WLDUSDTM
Variational Omni WLD
Aster WLDUSDT
Pacifica WLD
Binance WLDUSDT
Bybit WLDUSDT
OKX WLD-USDT-SWAP
Gate WLD_USDT
MEXC WLD_USDT
Bitget WLDUSDT
BingX WLD-USDC
Backpack WLD_USDC_PERP
edgeX WLDUSDC
GRVT WLD_USDT_Perp
ApeX Omni WLDUSDT
Polymarket Perps WLD-USD
SoDEX WLD-USD
HTX WLD-USDT
Phemex WLDUSDT
Extended WLD-USD
Phoenix WLD
Kraken Futures PF_WLDUSD
01 Exchange WLDUSD
GMX WLD/USD [ETH-USDC]
Coinbase International WLD-PERP-INTX
Hyperliquid WLD
Lighter WLD