Funding you earn now, next payment 08:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.033%
Price spread now: OKX against BloFin+0.066%83s7-day average −0.046% · you sell dearer than you buy
Net, funding: paid 7d − costs−$62as 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−$380.381% of the position
Funding, last 7 days−0.242%−$24 on $10k
+Price spread, last 4 days (all we have)−0.518%−$52 · spread now +0.066%, 7d avg −0.046%
=The price spread pays, funding is against you. OKX is 0.112% dearer against BloFin than usual: you sell high and buy low (spread +0.066% now, against its 7-day average of −0.046%): +$11 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 3.1 days. The two prices were read 83 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 | BloFin WLD-USDT | 0.4577 | 0.0220 | pay 0.0220% / 8h | 4h 13m | $4.9M | $831K | 75x |
| Short | OKX WLD-USDT-SWAP | 0.4580 | 0.0100 | get 0.0100% / 8h | 4h 13m | $34.3M | $149.9M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against BloFin. 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: +0.066% → −0.046%
- $11.2
- Slippage, 4 orders
- −$16.13
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$52.13
- Costs to cover
- 0.381%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 5 min ago; OKX: live order book, 5 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 BloFin live order book, 5 min ago | 3.28 bp | 13.0 bp −$13 | 16.4 bp −$164 | 41.5 bp −$4,152 | 128.3 bp −$64.2K |
| Sell OKX live order book, 5 min ago | 1.09 bp | 7.6 bp −$8 | 18.7 bp −$187 | 167.1 bp −$16.7K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Nado WLD-PERP | −0.0044% | 1h | 0.4576 | −0.022% | $242K | $205K | 5x | as long as short |
| KuCoin WLDUSDTM | −0.0006% | 8h | 0.4573 | −0.087% | $6.9M | $11.7M | 50x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4575 | −0.040% | $156K | $33K | 10x | as long as short |
| Kalshi KXWLDPERP | 0.0000% | 8h | 0.4576 | −0.022% | $46K | $4.6M | 1.7x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4575 | −0.044% | $118K | $942K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4575 | −0.048% | $66K | — | 150x | as long as short |
| Injective WLD/USDC PERP | +0.0014% | 1h | 0.4583 | +0.131% | $6K | $185K | 5.5x | as long as short |
| Orderly PERP_WLD_USDC | +0.0095% | 8h | 0.4574 | −0.066% | $28K | $886K | 10x | as long as short |
| Lighter WLD | +0.0096% | 1h | 0.4587 | +0.208% | $4.9M | $2.4M | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4577 | −0.007% | $211K | $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 | 0.4576 | −0.017% | $49K | $527K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4578 | +0.022% | $86.8M | $328.4M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4576 | −0.022% | $65.1M | $89.3M | 50x | as long as short |
| OKX WLD-USDT-SWAPshort | +0.0100% | 8h | 0.4580 | +0.066% | $34.3M | $149.9M | 50x | |
| Gate WLD_USDT | +0.0100% | 8h | 0.4573 | −0.087% | $7.2M | $37.0M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4574 | −0.066% | $44.2M | $54.5M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4580 | +0.066% | $30.2M | $30.2M | 75x | as long as short |
| BingX WLD-USDC | +0.0100% | 8h | 0.4573 | −0.087% | — | $1.3M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4575 | −0.035% | $136K | $300K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4578 | +0.015% | $2.1M | $1.7M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4580 | +0.065% | $27K | $320K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4587 | +0.218% | $604K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4584 | +0.153% | $43K | $239K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4574 | −0.070% | $40K | $2.1M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4579 | +0.044% | $23K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4574 | −0.066% | $174 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4574 | −0.066% | $836K | $1.8M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4577 | 0.000% | $1.8M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4572 | −0.104% | $220K | $981K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4575 | −0.052% | $31K | $600 | 3x | as long as short |
| 01 Exchange WLDUSD | +0.0128% | 1h | 0.4578 | +0.022% | $328 | $80 | 5x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4573 | −0.082% | — | — | 20x | as long as short |
| Phoenix WLD | +0.0158% | 1h | 0.4586 | +0.205% | $5K | $52K | 10x | as long as short |
| BloFin WLD-USDTlong | +0.0220% | 8h | 0.4577 | long leg | $4.9M | $831K | 75x | |
| GMX WLD/USD [ETH-USDC] | L +0.0229% / S −0.1268% | 1h | 0.4574 | −0.069% | $5K | — | 100x | as long as short |
| Hyperliquid WLD | +0.0329% | 1h | 0.4588 | +0.236% | $50.4M | $43.3M | 10x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0479% | 1h | 0.4577 | −0.007% | $884K | $2.8M | 50x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0496% | 1h | 0.4593 | +0.350% | $269K | $1.7M | 50x | as long as short |
BloFin WLD-USDT
OKX WLD-USDT-SWAP
KuCoin WLDUSDTM
Kalshi KXWLDPERP
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
Injective WLD/USDC PERP
Lighter WLD
Aster WLDUSDT
Pacifica WLD
Binance WLDUSDT
Bybit WLDUSDT
Gate WLD_USDT
MEXC WLD_USDT
Bitget WLDUSDT
BingX WLD-USDC
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
01 Exchange WLDUSD
Phoenix WLD
GMX WLD/USD [ETH-USDC]
Hyperliquid WLD
Kraken Futures PF_WLDUSD
Coinbase International WLD-PERP-INTX