Funding you earn now, next payment 00:00 UTC+0.0606%/8h= +66.4% APRpaid last 24h −0.024%
Price spread now: Kraken Futures against BingX+0.395%7-day average +0.063% · you sell dearer than you buy
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$540.541% of the position
Funding, last 7 days+0.003%$0 on $10k
+Price spread, last 3 days (all we have)−0.116%−$12 · spread now +0.395%, 7d avg +0.063%
=Both sides work for this trade now. Funding pays +$18 a day on $10k at the current rate, and Kraken Futures is 0.332% dearer against BingX than usual: you sell high and buy low: +$33 more if the spread goes back to its 7-day average of +0.063%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.003% in total (about 0.1% a year). A funding rate is set anew for every payment. 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 | BingX WLD-USDT | 0.4639 | 0.0100 | pay 0.0100% / 8h | 45m 51s | — | $67.0M | — |
| Short | Kraken Futures PF_WLDUSD | 0.4657 | 0.0706 | get 0.0088% / 1h | 45m 51s | $927K | $2.6M | 50x |
BingX WLD-USDT
Kraken Futures PF_WLDUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against BingX. 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
- $127.28
- Price spread: +0.395% → +0.063%
- $33.17
- Slippage, 4 orders
- −$34.08
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $106.37
- Costs to cover
- 0.541%
- Break-even
- 1.1 days
Slippage from BingX: live order book, 8 min ago; Kraken Futures: 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 BingX live order book, 8 min ago | 2.16 bp | 7.6 bp −$8 | 12.1 bp −$121 | 24.1 bp −$2,413 | 100.1 bp −$50.0K |
| Sell Kraken Futures live order book, 3 min ago | 5.39 bp | 17.8 bp −$18 | 24.0 bp −$240 | 1028.9 bp −$102.9K | 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 | −0.0231% | 8h | 0.4648 | +0.194% | $34K | $3.8M | 1.7x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4635 | −0.078% | $165K | $13K | 10x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4654 | +0.327% | $58K | — | 150x | as long as short |
| Orderly PERP_WLD_USDC | +0.0014% | 8h | 0.4653 | +0.302% | $28K | $909K | 10x | as long as short |
| KuCoin WLDUSDTM | +0.0020% | 8h | 0.4645 | +0.129% | $7.1M | $10.9M | 50x | as long as short |
| Nado WLD-PERP | +0.0066% | 1h | 0.4644 | +0.119% | $280K | $169K | 5x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4647 | +0.180% | $192K | $1.0M | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4638 | −0.011% | $53K | $483K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4641 | +0.044% | $88.0M | $299.6M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4638 | −0.022% | $66.4M | $82.4M | 50x | as long as short |
Kalshi KXWLDPERP
dYdX WLD-USD
gTrade (Gains Network) WLD/USD
Orderly PERP_WLD_USDC
KuCoin WLDUSDTM
Nado WLD-PERP
Aster WLDUSDT
Pacifica WLD
Binance WLDUSDT
Bybit WLDUSDTShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4636 | −0.065% | $34.7M | $144.1M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4643 | +0.086% | $7.5M | $35.3M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4646 | +0.151% | $50.4M | $51.8M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4635 | −0.086% | $30.6M | $25.7M | 75x | as long as short |
| BingX WLD-USDTlong | +0.0100% | 8h | 0.4639 | long leg | — | $67.0M | — | |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4653 | +0.297% | $130K | $270K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4627 | −0.260% | $2.1M | $1.6M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4628 | −0.226% | $27K | $317K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4637 | −0.049% | $626K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4637 | −0.043% | $56K | $228K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4649 | +0.213% | $43K | $1.6M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4654 | +0.323% | $23K | $1.5M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4655 | +0.345% | $209 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4644 | +0.108% | $865K | $1.8M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4652 | +0.280% | $1.8M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4644 | +0.101% | $238K | $859K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4656 | +0.366% | $32K | $5K | 3x | as long as short |
| Phoenix WLD | +0.0104% | 1h | 0.4638 | −0.028% | $5K | $53K | 10x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4645 | +0.127% | — | — | 20x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4626 | −0.280% | $4.9M | $830K | 75x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0229% / S −0.1268% | 1h | 0.4654 | +0.329% | $5K | — | 100x | as long as short |
| 01 Exchange WLDUSD | +0.0304% | 1h | 0.4651 | +0.250% | $333 | $77 | 5x | as long as short |
| Injective WLD/USDC PERP | +0.0373% | 1h | 0.4612 | −0.582% | $6K | $185K | 5.5x | as long as short |
| Deribit WLD_USDC-PERPETUAL | +0.0395% | 1h | 0.4657 | +0.388% | $113K | $883K | 25x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0440% | 1h | 0.4646 | +0.151% | $276K | $1.7M | 50x | as long as short |
| Hyperliquid WLD | +0.0665% | 1h | 0.4656 | +0.371% | $50.7M | $43.0M | 10x | as long as short |
| Kraken Futures PF_WLDUSDshort | +0.0706% | 1h | 0.4657 | +0.395% | $927K | $2.6M | 50x | |
| Lighter WLD | +0.1712% | 1h | 0.4665 | +0.565% | $5.3M | $2.0M | 10x | as long as short |
OKX WLD-USDT-SWAP
Gate WLD_USDT
MEXC WLD_USDT
Bitget WLDUSDT
Backpack WLD_USDC_PERP
Variational Omni WLD
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
BloFin WLD-USDT
GMX WLD/USD [ETH-USDC]
01 Exchange WLDUSD
Injective WLD/USDC PERP
Deribit WLD_USDC-PERPETUAL
Coinbase International WLD-PERP-INTX
Hyperliquid WLD
Lighter WLD