Funding you earn now, next payment 02:00 UTC+0.0380%/8h= +41.6% APRpaid last 24h +0.058%
Price spread now: Coinbase International against HTX+0.131%7-day average +0.227% · you sell dearer than you buy
Net, funding: paid 7d − costs−$116as in the Funding arb table
Net, price: spread back to 7d avg − costs−$132as in the Price arb table
costs, in and out, $10k−$1231.228% of the position
Funding, last 7 days+0.066%+$7 on $10k
+Price spread, last 4 days (all we have)+0.296%+$30 · spread now +0.131%, 7d avg +0.227%
=Funding pays, the price is against you. Coinbase International is 0.097% cheaper against HTX than usual: you would sell low and buy high (spread +0.131% now, against its 7-day average of +0.227%). If the spread goes back, that is −$10 on $10k: about 20 hours of funding at the current rate (+$11 a day). At the pace of the last 7 days (+0.066% in total) that is about 10 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.066% in total (about 3.5% 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 | HTX WLD-USDT | 0.4593 | 0.0100 | pay 0.0100% / 8h | 5h 09m | $840K | $1.9M | 50x |
| Short | Coinbase International WLD-PERP-INTX | 0.4599 | 0.0480 | get 0.0060% / 1h | 9m 05s | $271K | $1.7M | 50x |
HTX WLD-USDT
Coinbase International WLD-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against HTX. 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
- $79.8
- Price spread: +0.131% → +0.227%
- −$9.66
- Slippage, 4 orders
- −$100.76
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$52.62
- Costs to cover
- 1.228%
- Break-even
- 11.6 days
Slippage from HTX: live order book, 5 min ago; Coinbase International: 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 HTX live order book, 5 min ago | 16.19 bp | 58.8 bp −$59 | 325.9 bp −$3,259 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 5 min ago | 7.55 bp | 19.0 bp −$19 | 27.3 bp −$273 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kalshi KXWLDPERP | −0.0119% | 8h | 0.4598 | +0.109% | $47K | $4.6M | 1.7x | as long as short |
| KuCoin WLDUSDTM | −0.0031% | 8h | 0.4591 | −0.044% | $7.0M | $11.6M | 50x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4596 | +0.061% | $164K | $26K | 10x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4590 | −0.065% | $55K | — | 150x | as long as short |
| Nado WLD-PERP | +0.0006% | 1h | 0.4588 | −0.098% | $242K | $204K | 5x | as long as short |
| 01 Exchange WLDUSD | +0.0056% | 1h | 0.4591 | −0.041% | $328 | $80 | 5x | as long as short |
| Orderly PERP_WLD_USDC | +0.0079% | 8h | 0.4594 | +0.022% | $28K | $890K | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4593 | −0.005% | $173K | $1.1M | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4596 | +0.056% | $50K | $522K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4593 | +0.011% | $87.3M | $327.4M | 75x | as long as short |
Kalshi KXWLDPERP
KuCoin WLDUSDTM
dYdX WLD-USD
gTrade (Gains Network) WLD/USD
Nado WLD-PERP
01 Exchange WLDUSD
Orderly PERP_WLD_USDC
Aster WLDUSDT
Pacifica WLD
Binance WLDUSDTShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit WLDUSDT | +0.0100% | 8h | 0.4593 | 0.000% | $65.8M | $88.6M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4592 | −0.022% | $34.5M | $149.3M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4593 | 0.000% | $7.2M | $37.1M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4595 | +0.044% | $44.9M | $54.9M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4594 | +0.022% | $30.5M | $29.9M | 75x | as long as short |
| BingX WLD-USDT | +0.0100% | 8h | 0.4594 | +0.022% | — | $67.2M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4595 | +0.037% | $139K | $298K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4615 | +0.470% | $2.1M | $1.7M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4617 | +0.513% | $27K | $318K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4622 | +0.639% | $616K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4629 | +0.784% | $51K | $236K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4589 | −0.089% | $56K | $2.0M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4601 | +0.174% | $23K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4595 | +0.044% | $175 | $5K | 10x | as long as short |
| HTX WLD-USDTlong | +0.0100% | 8h | 0.4593 | long leg | $840K | $1.9M | 50x | |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4597 | +0.087% | $1.8M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4593 | +0.007% | $212K | $955K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4583 | −0.209% | $31K | $600 | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4588 | −0.117% | — | — | 20x | as long as short |
| Lighter WLD | +0.0160% | 1h | 0.4601 | +0.165% | $5.0M | $2.3M | 10x | as long as short |
| Phoenix WLD | +0.0172% | 1h | 0.4621 | +0.612% | $5K | $57K | 10x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4594 | +0.022% | $5.0M | $801K | 75x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0229% / S −0.1268% | 1h | 0.4592 | −0.014% | $5K | — | 100x | as long as short |
| Deribit WLD_USDC-PERPETUAL | +0.0403% | 1h | 0.4598 | +0.109% | $116K | $923K | 25x | as long as short |
| Hyperliquid WLD | +0.0459% | 1h | 0.4600 | +0.157% | $50.5M | $43.1M | 10x | as long as short |
| Coinbase International WLD-PERP-INTXshort | +0.0480% | 1h | 0.4599 | +0.131% | $271K | $1.7M | 50x | |
| Injective WLD/USDC PERP | +0.0677% | 1h | 0.4636 | +0.936% | $6K | $185K | 5.5x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0901% | 1h | 0.4598 | +0.112% | $890K | $2.9M | 50x | as long as short |
Bybit WLDUSDT
OKX WLD-USDT-SWAP
Gate WLD_USDT
MEXC WLD_USDT
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
Phemex WLDUSDT
Extended WLD-USD
Aevo WLD-PERP
Reya WLDRUSDPERP
Lighter WLD
Phoenix WLD
BloFin WLD-USDT
GMX WLD/USD [ETH-USDC]
Deribit WLD_USDC-PERPETUAL
Hyperliquid WLD
Injective WLD/USDC PERP
Kraken Futures PF_WLDUSD