WLD

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0136%/8h= −14.9% APRnext payment −$1.36 per $10,000 · paid last 24h −0.021%

Price spread now: KuCoin against SunX−0.197%7-day average −0.163% · you buy dearer than you sell

Net, funding: paid 7d − costs−$138as in the Funding arb table

Net, price: spread back to 7d avg − costs−$131as in the Price arb table

costs, in and out, $10k−$1281.280% of the position

Long on SunX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.097%−$10 on $10k

Price spread, last 4 days (all we have)−0.327%−$33 · spread now −0.197%, 7d avg −0.163%

Together, before fees−0.423%−$42 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and KuCoin is 0.034% cheaper against SunX than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.163%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX WLD-USDT	0.4570	0.0100	pay 0.0100% / 8h	4h 46m	$23K	$1.6M	50x
Short	KuCoin WLDUSDTM	0.4561	−0.0036	pay 0.0036% / 8h	4h 46m	$6.9M	$11.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against SunX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee SunXbpFee KuCoinbpOrdersPrice spread, now −0.197%Rate

Funding earned: −$28.56
Price spread: −0.197% → −0.163%: −$3.38
Slippage, 4 orders: −$107.97
Fee SunX: 4 bp × 2 orders: −$8
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$159.91
Costs to cover: 1.280%
Break-even: never at this rate

Slippage from SunX: live order book, 9 min ago; KuCoin: live order book, 2 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, 9 min ago	29.38 bp	39.3 bp −$39	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 2 min ago	2.20 bp	14.5 bp −$15	33.3 bp −$333	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	−0.0106%	8h	0.4563	−0.153%	$62K	$4.6M	1.7x	as long as short
Nado WLD-PERP	−0.0076%	1h	0.4561	−0.208%	$242K	$205K	5x	as long as short
KuCoin WLDUSDTMshort	−0.0036%	8h	0.4561	−0.197%	$6.9M	$11.6M	50x
dYdX WLD-USD	0.0000%	1h	0.4562	−0.171%	$156K	$33K	10x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4562	−0.178%	$66K	—	150x	as long as short
Injective WLD/USDC PERP	+0.0014%	1h	0.4558	−0.263%	$6K	$185K	5.5x	as long as short
01 Exchange WLDUSD	+0.0016%	1h	0.4563	−0.155%	$326	$80	5x	as long as short
Orderly PERP_WLD_USDC	+0.0083%	8h	0.4562	−0.175%	$28K	$888K	10x	as long as short
Lighter WLD	+0.0096%	1h	0.4571	+0.031%	$4.9M	$2.4M	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4564	−0.131%	$189K	$1.1M	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	0.4565	−0.119%	$49K	$528K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4565	−0.100%	$86.6M	$327.3M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4564	−0.131%	$65.0M	$88.8M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4564	−0.131%	$34.2M	$148.7M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4564	−0.131%	$7.2M	$36.7M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4565	−0.109%	$44.4M	$53.8M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4564	−0.131%	$30.1M	$30.1M	75x	as long as short
BingX WLD-USDC	+0.0100%	8h	0.4565	−0.109%	—	$1.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4565	−0.112%	$135K	$299K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4562	−0.183%	$2.1M	$1.7M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4559	−0.241%	$27K	$319K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4561	−0.196%	$600K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4559	−0.241%	$43K	$239K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4561	−0.208%	$51K	$2.1M	10x	as long as short
SunX WLD-USDTlong	+0.0100%	8h	0.4570	long leg	$23K	$1.6M	50x
SoDEX WLD-USD	+0.0100%	1h	0.4567	−0.066%	$177	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4567	−0.066%	$836K	$1.9M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4566	−0.088%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4564	−0.125%	$220K	$981K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4563	−0.149%	$31K	$600	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4560	−0.214%	—	—	20x	as long as short
Phoenix WLD	+0.0158%	1h	0.4563	−0.147%	$5K	$52K	10x	as long as short
Hyperliquid WLD	+0.0169%	1h	0.4570	+0.002%	$50.1M	$43.2M	10x	as long as short
Deribit WLD_USDC-PERPETUAL	+0.0188%	1h	0.4565	−0.109%	$115K	$924K	25x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4564	−0.131%	$4.9M	$845K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0229% / S −0.1268%	1h	0.4561	−0.203%	$5K	—	100x	as long as short
Kraken Futures PF_WLDUSD	+0.0480%	1h	0.4569	−0.022%	$884K	$2.8M	50x	as long as short
Coinbase International WLD-PERP-INTX	+0.0496%	1h	0.4570	0.000%	$268K	$1.7M	50x	as long as short