Settings8H · net · $10k
Funding arb · Price arb /

WLD

all WLD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0396%/8h= +43.3% APRpaid last 24h +0.040%
Price spread now: Kraken Futures against HTX+0.069%7-day average +0.208% · you sell dearer than you buy
Net, funding: paid 7d − costs−$99as in the Funding arb table
Net, price: spread back to 7d avg − costs−$125as in the Price arb table
costs, in and out, $10k−$1111.110% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.119%+$12 on $10k
Price spread, last 4 days (all we have)+0.332%+$33 · spread now +0.069%, 7d avg +0.208%
Together, before fees+0.451%+$45 on $10k · with fees, hour by hour
Funding pays, the price is against you. Kraken Futures is 0.138% cheaper against HTX than usual: you would sell low and buy high (spread +0.069% now, against its 7-day average of +0.208%). If the spread goes back, that is −$14 on $10k: about 28 hours of funding at the current rate (+$12 a day). At the pace of the last 7 days (+0.119% in total) that is about 8.1 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.119% in total (about 6.2% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX WLD-USDT0.45670.0100pay 0.0100% / 8h2h 03m$835K$1.7M50x
ShortKraken Futures PF_WLDUSD0.45700.0496get 0.0062% / 1h3m 00s$864K$2.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against HTX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$83.13
Price spread: +0.069% → +0.208%
−$13.84
Slippage, 4 orders
−$88.96
Fee HTX: 6 bp × 2 orders
−$12
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$41.67
Costs to cover
1.110%
Break-even
10.5 days
Slippage from HTX: live order book, 1 min ago; Kraken Futures: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy HTX live order book, 1 min ago12.05 bp44.9 bp −$45277.1 bp −$2,771doesn't fitdoesn't fit
Sell Kraken Futures live order book, 1 min ago5.47 bp17.2 bp −$1728.7 bp −$2871042.2 bp −$104.2Kdoesn't fit

WLD on 38 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado WLD-PERP−0.0034%1h0.4561−0.142%$240K$170K5xas long as short
dYdX WLD-USD0.0000%1h0.4566−0.020%$156K$33K10xas long as short
Kalshi KXWLDPERP0.0000%8h0.4558−0.197%$53K$4.8M1.7xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4566−0.032%$66K150xas long as short
KuCoin WLDUSDTM+0.0071%8h0.4564−0.066%$6.8M$11.9M50xas long as short
01 Exchange WLDUSD+0.0080%1h0.4567−0.009%$327$555xas long as short
Orderly PERP_WLD_USDC+0.0099%8h0.45670.000%$27K$790K10xas long as short
Aster WLDUSDT+0.0100%8h0.4570+0.058%$228K$1.1M50xas long as short
Pacifica WLD+0.0100%1h0.4568+0.018%$51K$538K5xas long as short
Binance WLDUSDT+0.0100%8h0.4566−0.019%$87.0M$339.3M75xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit WLDUSDT+0.0100%8h0.4565−0.044%$65.1M$91.7M50xas long as short
OKX WLD-USDT-SWAP+0.0100%8h0.4565−0.044%$34.7M$156.2M50xas long as short
Gate WLD_USDT+0.0100%8h0.4565−0.044%$7.2M$37.9M75xas long as short
MEXC WLD_USDT+0.0100%8h0.4564−0.066%$40.3M$57.2M300xas long as short
Bitget WLDUSDT+0.0100%8h0.4564−0.066%$30.2M$31.4M75xas long as short
BingX WLD-USDC+0.0100%8h0.4566−0.022%$1.3Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4568+0.024%$133K$300K10xas long as short
Variational Omni WLD+0.0100%8h0.4579+0.256%$2.1M$1.7Mas long as short
edgeX WLDUSDC+0.0100%4h0.4576+0.186%$27K$321K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4582+0.328%$604K$2.0M10xas long as short
ApeX Omni WLDUSDT+0.0100%1h0.4574+0.153%$49K$240K50xas long as short
Polymarket Perps WLD-USD+0.0100%1h0.4563−0.079%$47K$2.4M10xas long as short
SunX WLD-USDT+0.0100%8h0.4570+0.066%$23K$1.6M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4568+0.022%$215$5K10xas long as short
HTX WLD-USDTlong+0.0100%8h0.4567long leg$835K$1.7M50x
Phemex WLDUSDT+0.0100%8h0.45670.000%$1.8M$3.7M50xas long as short
Extended WLD-USD+0.0104%1h0.4563−0.085%$211K$1.0M10xas long as short
Aevo WLD-PERP+0.0104%1h0.4567+0.011%$31K$5003xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4563−0.095%20xas long as short
Phoenix WLD+0.0142%1h0.4578+0.236%$5K$52K10xas long as short
Lighter WLD+0.0168%1h0.4574+0.145%$4.9M$2.9M10xas long as short
Injective WLD/USDC PERP+0.0176%1h0.4544−0.504%$6K$185K5.5xas long as short
Deribit WLD_USDC-PERPETUAL+0.0188%1h0.4569+0.044%$152K$1.0M25xas long as short
GMX WLD/USD [ETH-USDC]L +0.0219% / S −0.0967%1h0.4564−0.069%$4K100xas long as short
BloFin WLD-USDT+0.0220%8h0.4568+0.022%$4.8M$921K75xas long as short
Hyperliquid WLD+0.0360%1h0.4573+0.127%$49.8M$44.6M10xas long as short
Kraken Futures PF_WLDUSDshort+0.0496%1h0.4570+0.069%$864K$2.9M50x
Coinbase International WLD-PERP-INTX+0.0536%1h0.4566−0.022%$275K$1.7M50xas long as short