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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX WLD-USDT | 0.4567 | 0.0100 | pay 0.0100% / 8h | 2h 03m | $835K | $1.7M | 50x |
| Short | Kraken Futures PF_WLDUSD | 0.4570 | 0.0496 | get 0.0062% / 1h | 3m 00s | $864K | $2.9M | 50x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy HTX live order book, 1 min ago | 12.05 bp | 44.9 bp −$45 | 277.1 bp −$2,771 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 1 min ago | 5.47 bp | 17.2 bp −$17 | 28.7 bp −$287 | 1042.2 bp −$104.2K | 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 | −0.142% | $240K | $170K | 5x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4566 | −0.020% | $156K | $33K | 10x | as long as short |
| Kalshi KXWLDPERP | 0.0000% | 8h | 0.4558 | −0.197% | $53K | $4.8M | 1.7x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4566 | −0.032% | $66K | — | 150x | as long as short |
| KuCoin WLDUSDTM | +0.0071% | 8h | 0.4564 | −0.066% | $6.8M | $11.9M | 50x | as long as short |
| 01 Exchange WLDUSD | +0.0080% | 1h | 0.4567 | −0.009% | $327 | $55 | 5x | as long as short |
| Orderly PERP_WLD_USDC | +0.0099% | 8h | 0.4567 | 0.000% | $27K | $790K | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4570 | +0.058% | $228K | $1.1M | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4568 | +0.018% | $51K | $538K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4566 | −0.019% | $87.0M | $339.3M | 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 | 0.4565 | −0.044% | $65.1M | $91.7M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4565 | −0.044% | $34.7M | $156.2M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4565 | −0.044% | $7.2M | $37.9M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4564 | −0.066% | $40.3M | $57.2M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4564 | −0.066% | $30.2M | $31.4M | 75x | as long as short |
| BingX WLD-USDC | +0.0100% | 8h | 0.4566 | −0.022% | — | $1.3M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4568 | +0.024% | $133K | $300K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4579 | +0.256% | $2.1M | $1.7M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4576 | +0.186% | $27K | $321K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4582 | +0.328% | $604K | $2.0M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4574 | +0.153% | $49K | $240K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4563 | −0.079% | $47K | $2.4M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4570 | +0.066% | $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-USDTlong | +0.0100% | 8h | 0.4567 | long leg | $835K | $1.7M | 50x | |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4567 | 0.000% | $1.8M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4563 | −0.085% | $211K | $1.0M | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4567 | +0.011% | $31K | $500 | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4563 | −0.095% | — | — | 20x | as long as short |
| Phoenix WLD | +0.0142% | 1h | 0.4578 | +0.236% | $5K | $52K | 10x | as long as short |
| Lighter WLD | +0.0168% | 1h | 0.4574 | +0.145% | $4.9M | $2.9M | 10x | as long as short |
| Injective WLD/USDC PERP | +0.0176% | 1h | 0.4544 | −0.504% | $6K | $185K | 5.5x | as long as short |
| Deribit WLD_USDC-PERPETUAL | +0.0188% | 1h | 0.4569 | +0.044% | $152K | $1.0M | 25x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0219% / S −0.0967% | 1h | 0.4564 | −0.069% | $4K | — | 100x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4568 | +0.022% | $4.8M | $921K | 75x | as long as short |
| Hyperliquid WLD | +0.0360% | 1h | 0.4573 | +0.127% | $49.8M | $44.6M | 10x | as long as short |
| Kraken Futures PF_WLDUSDshort | +0.0496% | 1h | 0.4570 | +0.069% | $864K | $2.9M | 50x | |
| Coinbase International WLD-PERP-INTX | +0.0536% | 1h | 0.4566 | −0.022% | $275K | $1.7M | 50x | as long as short |
HTX WLD-USDT
Kraken Futures PF_WLDUSD
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
Deribit WLD_USDC-PERPETUAL
GMX WLD/USD [ETH-USDC]
BloFin WLD-USDT
Hyperliquid WLD
Coinbase International WLD-PERP-INTX