WLD

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0348%/8h= +38.1% APRnext payment +$0.43 per $10,000 · paid last 24h +0.077%

Price spread now: Coinbase International against ApeX Omni+0.155%7-day average +0.020% · you sell dearer than you buy

Net, funding: paid 7d − costs−$68as in the Funding arb table

Net, price: spread back to 7d avg − costs−$59as in the Price arb table

costs, in and out, $10k−$730.727% of the position

Long on ApeX Omni Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.052%+$5 on $10k

Price spread, last 4 days (all we have)−0.133%−$13 · spread now +0.155%, 7d avg +0.020%

Together, before fees−0.082%−$8 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Coinbase International is 0.135% dearer against ApeX Omni than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of +0.020%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.052% in total (about 2.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.43 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	ApeX Omni WLDUSDT	0.4523	0.0100	pay 0.0013% / 1h	11m 07s	$48K	$238K	50x
Short	Coinbase International WLD-PERP-INTX	0.4530	0.0448	get 0.0056% / 1h	11m 07s	$269K	$1.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against ApeX Omni. 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 ApeX OmnibpFee Coinbase InternationalbpOrdersPrice spread, now +0.155%Rate

Funding earned: $73.08
Price spread: +0.155% → +0.020%: $13.51
Slippage, 4 orders: −$52.75
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $13.84
Costs to cover: 0.727%
Break-even: 5.7 days

Slippage from ApeX Omni: live order book, 25 min ago; Coinbase International: 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 ApeX Omni live order book, 25 min ago	7.75 bp	16.1 bp −$16	109.0 bp −$1,090	doesn't fit	doesn't fit
Sell Coinbase International live order book, 2 min ago	4.42 bp	15.5 bp −$15	20.0 bp −$200	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
Injective WLD/USDC PERP	−0.0309%	1h	0.4508	−0.332%	$6K	$185K	5.5x	as long as short
Nado WLD-PERP	−0.0009%	1h	0.4511	−0.254%	$234K	$175K	5x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4511	−0.274%	$154K	$32K	10x	as long as short
Kalshi KXWLDPERP	0.0000%	8h	0.4509	−0.310%	$51K	$4.6M	1.7x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4509	−0.310%	$135K	$986K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4508	−0.331%	$65K	—	150x	as long as short
Orderly PERP_WLD_USDC	+0.0099%	8h	0.4507	−0.354%	$27K	$663K	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4512	−0.243%	$228K	$1.0M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4512	−0.243%	$54K	$546K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4510	−0.287%	$86.5M	$333.4M	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	0.4507	−0.354%	$63.8M	$89.4M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4509	−0.310%	$34.1M	$150.9M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4508	−0.332%	$7.0M	$36.0M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4509	−0.310%	$41.3M	$57.0M	300x	as long as short
KuCoin WLDUSDTM	+0.0100%	8h	0.4507	−0.354%	$6.6M	$11.6M	50x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4509	−0.310%	$29.8M	$30.9M	75x	as long as short
BingX WLD-USDC	+0.0100%	8h	0.4508	−0.332%	—	$1.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4510	−0.287%	$131K	$297K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4512	−0.248%	$2.1M	$1.5M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4513	−0.226%	$27K	$322K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4523	−0.003%	$595K	$2.1M	10x	as long as short
ApeX Omni WLDUSDTlong	+0.0100%	1h	0.4523	long leg	$48K	$238K	50x
Polymarket Perps WLD-USD	+0.0100%	1h	0.4512	−0.252%	$49K	$2.7M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4517	−0.133%	$23K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4508	−0.332%	$220	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4511	−0.265%	$825K	$1.5M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4510	−0.287%	$1.7M	$3.6M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4505	−0.389%	$208K	$880K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4510	−0.297%	$31K	$500	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4509	−0.311%	—	—	20x	as long as short
Phoenix WLD	+0.0177%	1h	0.4521	−0.042%	$4K	$43K	10x	as long as short
Lighter WLD	+0.0192%	1h	0.4516	−0.164%	$4.9M	$2.9M	10x	as long as short
01 Exchange WLDUSD	+0.0216%	1h	0.4514	−0.190%	$323	$55	5x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0219% / S −0.0967%	1h	0.4509	−0.314%	$4K	—	100x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4509	−0.310%	$4.8M	$896K	75x	as long as short
Hyperliquid WLD	+0.0400%	1h	0.4514	−0.192%	$50.2M	$43.3M	10x	as long as short
Coinbase International WLD-PERP-INTXshort	+0.0448%	1h	0.4530	+0.155%	$269K	$1.6M	50x
Kraken Futures PF_WLDUSD	+0.0458%	1h	0.4513	−0.218%	$865K	$2.8M	50x	as long as short