Funding you earn now, next payment 16:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.033%
Price spread now: BloFin against Gate+0.134%93s7-day average +0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$25as 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−$530.532% of the position
Funding, last 7 days+0.277%+$28 on $10k
+Price spread, last 4 days (all we have)+0.725%+$73 · spread now +0.134%, 7d avg +0.023%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.111% dearer against Gate than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.023%. The two prices were read 93 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 | Gate WLD_USDT | 0.4482 | 0.0100 | pay 0.0100% / 8h | 7h 31m | $7.0M | $34.7M | 75x |
| Short | BloFin WLD-USDT | 0.4488 | 0.0220 | get 0.0220% / 8h | 7h 31m | $4.3M | $903K | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Gate. 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: +0.134% → +0.023%
- $11.05
- Slippage, 4 orders
- −$26.22
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$16.96
- Costs to cover
- 0.532%
- Break-even
- 11.7 days
Slippage from Gate: live order book, 2 min ago; BloFin: live order book, 2 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 Gate live order book, 2 min ago | 1.12 bp | 16.2 bp −$16 | 35.2 bp −$352 | 57.2 bp −$5,719 | 129.3 bp −$64.6K |
| Sell BloFin live order book, 2 min ago | 1.11 bp | 13.1 bp −$13 | 18.3 bp −$183 | 28.7 bp −$2,871 | 99.0 bp −$49.5K |
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 | −0.011% | $232K | $175K | 5x | as long as short |
| Kalshi KXWLDPERP | 0.0000% | 8h | 0.4485 | +0.067% | $42K | $4.6M | 1.7x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4484 | +0.045% | $116K | $1.0M | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4482 | −0.003% | $65K | — | 150x | as long as short |
| Bybit WLDUSDT | +0.0052% | 8h | 0.4479 | −0.067% | $63.3M | $89.0M | 50x | as long as short |
| Orderly PERP_WLD_USDC | +0.0099% | 8h | 0.4484 | +0.045% | $27K | $587K | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4485 | +0.058% | $226K | $1.0M | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4483 | +0.019% | $54K | $542K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4482 | 0.000% | $85.8M | $333.1M | 75x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4481 | −0.022% | $33.9M | $148.3M | 50x | as long as short |
Show all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate WLD_USDTlong | +0.0100% | 8h | 0.4482 | long leg | $7.0M | $34.7M | 75x | |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4481 | −0.022% | $41.6M | $56.3M | 300x | as long as short |
| KuCoin WLDUSDTM | +0.0100% | 8h | 0.4481 | −0.022% | $6.6M | $11.7M | 50x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4481 | −0.022% | $29.5M | $31.0M | 75x | as long as short |
| BingX WLD-USDT | +0.0100% | 8h | 0.4481 | −0.022% | — | $20.3M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4482 | 0.000% | $129K | $297K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4503 | +0.463% | $2.1M | $1.5M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4504 | +0.485% | $27K | $321K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4504 | +0.491% | $600K | $2.1M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4512 | +0.669% | $48K | $237K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4482 | +0.011% | $49K | $2.7M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4488 | +0.134% | $22K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4482 | 0.000% | $214 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4477 | −0.112% | $821K | $1.4M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4484 | +0.045% | $1.7M | $3.6M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4480 | −0.043% | $207K | $876K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4524 | +0.947% | $31K | $500 | 3x | as long as short |
| Injective WLD/USDC PERP | +0.0109% | 1h | 0.4508 | +0.580% | $6K | $185K | 5.5x | as long as short |
| Hyperliquid WLD | +0.0122% | 1h | 0.4485 | +0.069% | $49.7M | $43.1M | 10x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4479 | −0.072% | — | — | 20x | as long as short |
| Lighter WLD | +0.0160% | 1h | 0.4487 | +0.112% | $4.9M | $2.9M | 10x | as long as short |
| dYdX WLD-USD | +0.0174% | 1h | 0.4483 | +0.029% | $153K | $31K | 10x | as long as short |
| 01 Exchange WLDUSD | +0.0176% | 1h | 0.4482 | +0.011% | $321 | $55 | 5x | as long as short |
| Phoenix WLD | +0.0194% | 1h | 0.4514 | +0.705% | $4K | $44K | 10x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0219% / S −0.0967% | 1h | 0.4481 | −0.020% | $4K | — | 100x | as long as short |
| BloFin WLD-USDTshort | +0.0220% | 8h | 0.4488 | +0.134% | $4.3M | $903K | 75x | |
| Kraken Futures PF_WLDUSD | +0.0305% | 1h | 0.4485 | +0.065% | $861K | $2.8M | 50x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0440% | 1h | 0.4492 | +0.223% | $266K | $1.6M | 50x | as long as short |
Gate WLD_USDT
BloFin WLD-USDT
Kalshi KXWLDPERP
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
Bybit WLDUSDT
Aster WLDUSDT
Pacifica WLD
Binance WLDUSDT
OKX WLD-USDT-SWAP
MEXC WLD_USDT
KuCoin WLDUSDTM
Bitget WLDUSDT
BingX WLD-USDT
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
Injective WLD/USDC PERP
Hyperliquid WLD
Lighter WLD
01 Exchange WLDUSD
Phoenix WLD
GMX WLD/USD [ETH-USDC]
Kraken Futures PF_WLDUSD
Coinbase International WLD-PERP-INTX