Funding you earn now, next payment 06:00 UTC−0.0088%/8h= −9.6% APRpaid last 24h +0.032%
Price spread now: HTX against Deribit−0.044%58s7-day average −0.197% · you buy dearer than you sell
Net, funding: paid 7d − costs−$77as 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−$910.909% of the position
Funding, last 7 days+0.136%+$14 on $10k
+Price spread, last 4 days (all we have)−0.369%−$37 · spread now −0.044%, 7d avg −0.197%
=The price spread pays, funding is against you. HTX is 0.153% dearer against Deribit than usual: you sell high and buy low (spread −0.044% now, against its 7-day average of −0.197%): +$15 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 5.8 days. Mind the row above: over the last 7 days funding on this pair paid +0.136%, so the current rate has only just turned against you. The two prices were read 58 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 | Deribit WLD_USDC-PERPETUAL | 0.4569 | 0.0188 | pay 0.0023% / 1h | 3m 16s | $152K | $1.0M | 25x |
| Short | HTX WLD-USDT | 0.4567 | 0.0100 | get 0.0100% / 8h | 2h 03m | $835K | $1.7M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Deribit. 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
- −$18.48
- Price spread: −0.044% → −0.197%
- $15.3
- Slippage, 4 orders
- −$71.92
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$94.1
- Costs to cover
- 0.909%
- Break-even
- never at this rate
Slippage from Deribit: live order book, 1 min ago; HTX: live order book, 1 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 Deribit live order book, 1 min ago | 5.47 bp | 9.0 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
| Sell HTX live order book, 1 min ago | 12.05 bp | 28.1 bp −$28 | 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 | −0.0034% | 1h | 0.4561 | −0.186% | $240K | $170K | 5x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4566 | −0.064% | $156K | $33K | 10x | as long as short |
| Kalshi KXWLDPERP | 0.0000% | 8h | 0.4567 | −0.044% | $54K | $4.8M | 1.7x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4566 | −0.076% | $66K | — | 150x | as long as short |
| KuCoin WLDUSDTM | +0.0071% | 8h | 0.4565 | −0.088% | $6.8M | $11.9M | 50x | as long as short |
| 01 Exchange WLDUSD | +0.0080% | 1h | 0.4567 | −0.053% | $327 | $55 | 5x | as long as short |
| Orderly PERP_WLD_USDC | +0.0099% | 8h | 0.4567 | −0.044% | $27K | $790K | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4568 | −0.015% | $228K | $1.1M | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4568 | −0.025% | $51K | $538K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4566 | −0.061% | $87.0M | $339.4M | 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 | 0.4566 | −0.066% | $65.1M | $91.7M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4567 | −0.044% | $34.6M | $156.3M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4564 | −0.109% | $7.2M | $37.9M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4563 | −0.131% | $40.3M | $57.1M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4565 | −0.088% | $30.2M | $31.4M | 75x | as long as short |
| BingX WLD-USDC | +0.0100% | 8h | 0.4565 | −0.088% | — | $1.3M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4569 | −0.007% | $133K | $300K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4579 | +0.212% | $2.1M | $1.7M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4576 | +0.143% | $27K | $321K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4582 | +0.285% | $604K | $2.0M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4574 | +0.109% | $49K | $240K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4563 | −0.123% | $47K | $2.4M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4570 | +0.022% | $23K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4568 | −0.022% | $215 | $5K | 10x | as long as short |
| HTX WLD-USDTshort | +0.0100% | 8h | 0.4567 | −0.044% | $835K | $1.7M | 50x | |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4567 | −0.044% | $1.8M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4566 | −0.063% | $211K | $1.0M | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4567 | −0.033% | $31K | $500 | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4563 | −0.139% | — | — | 20x | as long as short |
| Phoenix WLD | +0.0142% | 1h | 0.4578 | +0.193% | $5K | $52K | 10x | as long as short |
| Lighter WLD | +0.0168% | 1h | 0.4572 | +0.074% | $4.9M | $2.9M | 10x | as long as short |
| Injective WLD/USDC PERP | +0.0176% | 1h | 0.4544 | −0.547% | $6K | $185K | 5.5x | as long as short |
| Deribit WLD_USDC-PERPETUALlong | +0.0188% | 1h | 0.4569 | long leg | $152K | $1.0M | 25x | |
| GMX WLD/USD [ETH-USDC] | L +0.0219% / S −0.0967% | 1h | 0.4564 | −0.113% | $4K | — | 100x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4573 | +0.088% | $4.8M | $923K | 75x | as long as short |
| Hyperliquid WLD | +0.0358% | 1h | 0.4570 | +0.024% | $49.8M | $44.6M | 10x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0496% | 1h | 0.4570 | +0.025% | $864K | $2.9M | 50x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0536% | 1h | 0.4566 | −0.066% | $275K | $1.7M | 50x | as long as short |
Deribit WLD_USDC-PERPETUAL
HTX WLD-USDT
Kalshi KXWLDPERP
gTrade (Gains Network) WLD/USD
KuCoin WLDUSDTM
01 Exchange WLDUSD
Aster WLDUSDT
Pacifica WLD
Binance WLDUSDT
Bybit WLDUSDT
OKX WLD-USDT-SWAP
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
Phemex WLDUSDT
Extended WLD-USD
Phoenix WLD
Lighter WLD
Injective WLD/USDC PERP
GMX WLD/USD [ETH-USDC]
BloFin WLD-USDT
Hyperliquid WLD
Kraken Futures PF_WLDUSD
Coinbase International WLD-PERP-INTX