Funding you earn now, next payment 11:00 UTC−0.0299%/8h= −32.7% APRnext payment −$0.37 per $10,000 · paid last 24h −0.030%
Price spread now: Deribit against ApeX Omni0.000%46s7-day average −0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$66as 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−$470.475% of the position
Funding, last 7 days−0.183%−$18 on $10k
+Price spread, last 4 days (all we have)+0.277%+$28 · spread now 0.000%, 7d avg −0.007%
=The price spread sits at its 7-day average of −0.007%, so right now this pair is about funding alone: −$9 a day on $10k at the current rate. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.183% in total (about -9.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.37 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni WLDUSDT | 0.4455 | 0.0100 | pay 0.0013% / 1h | 49m 23s | $59K | $242K | 50x |
| Short | Deribit WLD_USDC-PERPETUAL | 0.4455 | −0.0199 | pay 0.0025% / 1h | 49m 23s | $101K | $1.1M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$62.72
- Price spread: 0.000% → −0.007%
- $0.72
- Slippage, 4 orders
- −$30.48
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$109.49
- Costs to cover
- 0.475%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 60 min ago; Deribit: live order book, 3 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, 60 min ago | 6.71 bp | 14.2 bp −$14 | 100.6 bp −$1,006 | doesn't fit | doesn't fit |
| Sell Deribit live order book, 3 min ago | 5.62 bp | 9.1 bp −$9 | 23.6 bp −$236 | doesn't fit | doesn't fit |
WLD on 38 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit WLD_USDC-PERPETUALshort | −0.0199% | 1h | 0.4455 | 0.000% | $101K | $1.1M | 25x | |
| Kraken Futures PF_WLDUSD | −0.0194% | 1h | 0.4458 | +0.065% | $856K | $2.6M | 50x | as long as short |
| Nado WLD-PERP | −0.0140% | 1h | 0.4456 | +0.034% | $234K | $159K | 5x | as long as short |
| Bybit WLDUSDT | −0.0133% | 8h | 0.4452 | −0.067% | $63.6M | $84.9M | 50x | as long as short |
| Polymarket Perps WLD-USD | −0.0101% | 1h | 0.4449 | −0.146% | $48K | $2.6M | 10x | as long as short |
| Gate WLD_USDT | −0.0093% | 8h | 0.4454 | −0.022% | $7.0M | $31.1M | 75x | as long as short |
| 01 Exchange WLDUSD | −0.0072% | 1h | 0.4460 | +0.110% | $319 | $55 | 5x | as long as short |
| Kalshi KXWLDPERP | 0.0000% | 8h | 0.4456 | +0.022% | $69K | $4.2M | 1.7x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4475 | +0.448% | $65K | — | 150x | as long as short |
| Injective WLD/USDC PERP | +0.0007% | 1h | 0.4477 | +0.494% | $6K | $185K | 5.5x | as long as short |
Show all 38 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX WLD-USD | +0.0010% | 1h | 0.4459 | +0.093% | $152K | $31K | 10x | as long as short |
| Phoenix WLD | +0.0053% | 1h | 0.4456 | +0.034% | $4K | $40K | 10x | as long as short |
| KuCoin WLDUSDTM | +0.0060% | 8h | 0.4457 | +0.045% | $6.6M | $10.4M | 50x | as long as short |
| Variational Omni WLD | +0.0080% | 8h | 0.4450 | −0.104% | $2.0M | $1.4M | — | as long as short |
| Orderly PERP_WLD_USDC | +0.0088% | 8h | 0.4454 | −0.022% | $27K | $334K | 10x | as long as short |
| Lighter WLD | +0.0096% | 1h | 0.4460 | +0.108% | $4.8M | $3.0M | 10x | as long as short |
| Hyperliquid WLD | +0.0100% | 1h | 0.4460 | +0.121% | $49.3M | $28.9M | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4457 | +0.053% | $209K | $884K | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4456 | +0.022% | $58K | $501K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4455 | 0.000% | $84.7M | $312.9M | 75x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4453 | −0.045% | $33.8M | $140.8M | 50x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4457 | +0.045% | $41.7M | $54.5M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4453 | −0.045% | $29.3M | $28.6M | 75x | as long as short |
| BingX WLD-USDT | +0.0100% | 8h | 0.4455 | 0.000% | — | $55.4M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4455 | +0.004% | $129K | $275K | 10x | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4454 | −0.017% | $27K | $322K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4471 | +0.359% | $593K | $2.2M | 10x | as long as short |
| ApeX Omni WLDUSDTlong | +0.0100% | 1h | 0.4455 | long leg | $59K | $242K | 50x | |
| SunX WLD-USDT | +0.0100% | 8h | 0.4460 | +0.112% | $22K | $1.4M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4454 | −0.022% | $231 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4453 | −0.045% | $817K | $1.2M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4457 | +0.045% | $1.7M | $3.6M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4455 | +0.001% | $210K | $659K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4457 | +0.038% | $30K | $500 | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4450 | −0.103% | — | — | 20x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0218% / S −0.0967% | 1h | 0.4463 | +0.181% | $4K | — | 100x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4452 | −0.067% | $4.8M | $912K | 75x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0344% | 1h | 0.4459 | +0.090% | $270K | $972K | 50x | as long as short |
ApeX Omni WLDUSDT
Deribit WLD_USDC-PERPETUAL
Kraken Futures PF_WLDUSD
Bybit WLDUSDT
Polymarket Perps WLD-USD
Gate WLD_USDT
01 Exchange WLDUSD
Kalshi KXWLDPERP
gTrade (Gains Network) WLD/USD
Injective WLD/USDC PERP
Phoenix WLD
KuCoin WLDUSDTM
Variational Omni WLD
Lighter WLD
Hyperliquid WLD
Aster WLDUSDT
Pacifica WLD
Binance WLDUSDT
OKX WLD-USDT-SWAP
MEXC WLD_USDT
Bitget WLDUSDT
BingX WLD-USDT
Backpack WLD_USDC_PERP
edgeX WLDUSDC
GRVT WLD_USDT_Perp
SunX WLD-USDT
SoDEX WLD-USD
HTX WLD-USDT
Phemex WLDUSDT
Extended WLD-USD
GMX WLD/USD [ETH-USDC]
BloFin WLD-USDT
Coinbase International WLD-PERP-INTX