Funding you earn now, next payment 08:00 UTC−0.0331%/8h= −36.2% APRnext payment −$0.41 per $10,000 · paid last 24h −0.057%
Price spread now: Injective against Coinbase International+0.356%64s7-day average +0.154% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.128%−$13 on $10k
+Price spread, last 4 days (all we have)−0.332%−$33 · spread now +0.356%, 7d avg +0.154%
=The price spread pays, funding is against you. Injective is 0.202% dearer against Coinbase International than usual: you sell high and buy low (spread +0.356% now, against its 7-day average of +0.154%): +$20 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 2.0 days. At the pace of the last 7 days (−0.128% in total) that is about 11 days. The two prices were read 64 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 -0.128% in total (about -6.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.41 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 | Coinbase International WLD-PERP-INTX | 0.4492 | 0.0440 | pay 0.0055% / 1h | 32m 02s | $266K | $1.6M | 50x |
| Short | Injective WLD/USDC PERP | 0.4508 | 0.0109 | get 0.0014% / 1h | 32m 02s | $6K | $185K | 5.5x |
Coinbase International WLD-PERP-INTX
Injective WLD/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Coinbase International. 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
- −$69.41
- Price spread: +0.356% → +0.154%
- $20.19
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$59.24
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Coinbase International: live order book, 2 min ago; Injective: live order book, 32 min ago. Net counts fees only.
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 Coinbase International live order book, 2 min ago | 5.57 bp | 25.5 bp −$26 | 46.4 bp −$464 | doesn't fit | doesn't fit |
| Sell Injective live order book, 32 min ago | 56.75 bp | doesn't fit | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Nado WLD-PERP | −0.0006% | 1h | 0.4481 | −0.234% | $232K | $175K | 5x | as long as short |
| Kalshi KXWLDPERP | 0.0000% | 8h | 0.4485 | −0.156% | $42K | $4.6M | 1.7x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4484 | −0.178% | $116K | $1.0M | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4482 | −0.226% | $65K | — | 150x | as long as short |
| Bybit WLDUSDT | +0.0068% | 8h | 0.4479 | −0.289% | $63.3M | $89.0M | 50x | as long as short |
| Orderly PERP_WLD_USDC | +0.0099% | 8h | 0.4484 | −0.178% | $27K | $587K | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4484 | −0.171% | $226K | $1.0M | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4486 | −0.136% | $54K | $542K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4483 | −0.200% | $85.8M | $333.2M | 75x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4480 | −0.267% | $33.9M | $148.3M | 50x | as long as short |
Nado WLD-PERP
Kalshi KXWLDPERP
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
Bybit WLDUSDT
Orderly PERP_WLD_USDC
Aster WLDUSDT
Pacifica WLD
Binance WLDUSDT
OKX WLD-USDT-SWAPShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate WLD_USDT | +0.0100% | 8h | 0.4480 | −0.267% | $7.0M | $34.7M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4482 | −0.223% | $41.6M | $56.3M | 300x | as long as short |
| KuCoin WLDUSDTM | +0.0100% | 8h | 0.4479 | −0.289% | $6.6M | $11.7M | 50x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4480 | −0.267% | $29.5M | $31.0M | 75x | as long as short |
| BingX WLD-USDC | +0.0100% | 8h | 0.4482 | −0.223% | — | $1.3M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4482 | −0.223% | $129K | $297K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4503 | +0.239% | $2.1M | $1.5M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4504 | +0.262% | $27K | $321K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4504 | +0.267% | $600K | $2.1M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4512 | +0.445% | $48K | $237K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4482 | −0.211% | $49K | $2.7M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4488 | −0.089% | $22K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4482 | −0.223% | $214 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4477 | −0.334% | $821K | $1.4M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4484 | −0.178% | $1.7M | $3.6M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4480 | −0.260% | $207K | $876K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4524 | +0.722% | $31K | $500 | 3x | as long as short |
| Injective WLD/USDC PERPshort | +0.0109% | 1h | 0.4508 | +0.356% | $6K | $185K | 5.5x | |
| Hyperliquid WLD | +0.0123% | 1h | 0.4485 | −0.158% | $49.7M | $43.1M | 10x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4479 | −0.295% | — | — | 20x | as long as short |
| Lighter WLD | +0.0160% | 1h | 0.4488 | −0.087% | $4.9M | $2.9M | 10x | as long as short |
| dYdX WLD-USD | +0.0165% | 1h | 0.4488 | −0.083% | $153K | $31K | 10x | as long as short |
| 01 Exchange WLDUSD | +0.0176% | 1h | 0.4482 | −0.211% | $321 | $55 | 5x | as long as short |
| Phoenix WLD | +0.0194% | 1h | 0.4514 | +0.481% | $4K | $44K | 10x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0219% / S −0.0967% | 1h | 0.4481 | −0.243% | $4K | — | 100x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4488 | −0.089% | $4.3M | $903K | 75x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0305% | 1h | 0.4485 | −0.157% | $861K | $2.8M | 50x | as long as short |
| Coinbase International WLD-PERP-INTXlong | +0.0440% | 1h | 0.4492 | long leg | $266K | $1.6M | 50x |
Gate WLD_USDT
MEXC WLD_USDT
KuCoin WLDUSDTM
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
Aevo WLD-PERP
Hyperliquid WLD
Reya WLDRUSDPERP
Lighter WLD
dYdX WLD-USD
01 Exchange WLDUSD
Phoenix WLD
GMX WLD/USD [ETH-USDC]
BloFin WLD-USDT
Kraken Futures PF_WLDUSD