Funding you earn now, next payment 02:00 UTC+0.0335%/8h= +36.7% APRpaid last 24h −0.038%
Price spread now: Binance against Injective+0.433%57s7-day average −0.192% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.035%−$4 on $10k
+Price spread, last 3 days (all we have)−0.771%−$77 · spread now +0.433%, 7d avg −0.192%
=Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Binance is 0.625% dearer against Injective than usual: you sell high and buy low: +$63 more if the spread goes back to its 7-day average of −0.192%. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.035% in total (about -1.9% 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 | Injective WLD/USDC PERP | 0.4675 | −0.0235 | get 0.0029% / 1h | 48m 17s | $6K | $185K | 5.5x |
| Short | Binance WLDUSDT | 0.4695 | 0.0100 | get 0.0100% / 8h | 6h 48m | $89.8M | $319.2M | 75x |
Injective WLD/USDC PERP
Binance WLDUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Injective. 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
- $70.37
- Price spread: +0.433% → −0.192%
- $62.51
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $122.86
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Injective: live order book, 51 min ago; Binance: live order book, 10 min ago. Net counts fees only.
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 Injective live order book, 51 min ago | 71.71 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 10 min ago | 1.07 bp | 10.4 bp −$10 | 21.1 bp −$211 | 62.1 bp −$6,208 | 180.3 bp −$90.1K |
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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni WLDUSDT | −0.0236% | 1h | 0.4707 | +0.684% | $51K | $243K | 50x | as long as short |
| Injective WLD/USDC PERPlong | −0.0235% | 1h | 0.4675 | long leg | $6K | $185K | 5.5x | |
| Kalshi KXWLDPERP | −0.0154% | 8h | 0.4717 | +0.898% | $30K | $4.2M | 1.7x | as long as short |
| KuCoin WLDUSDTM | −0.0035% | 8h | 0.4694 | +0.406% | $7.0M | $11.4M | 50x | as long as short |
| Nado WLD-PERP | −0.0012% | 1h | 0.4690 | +0.321% | $272K | $178K | 5x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4707 | +0.679% | $161K | $19K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4695 | +0.428% | $132K | $909K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4694 | +0.403% | $67K | — | 150x | as long as short |
| Orderly PERP_WLD_USDC | +0.0053% | 8h | 0.4693 | +0.385% | $29K | $899K | 10x | as long as short |
| Phoenix WLD | +0.0068% | 1h | 0.4715 | +0.853% | $5K | $54K | 10x | as long as short |
ApeX Omni WLDUSDT
Kalshi KXWLDPERP
KuCoin WLDUSDTM
Nado WLD-PERP
dYdX WLD-USD
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
Orderly PERP_WLD_USDC
Phoenix WLDShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster WLDUSDT | +0.0100% | 8h | 0.4706 | +0.661% | $182K | $1.0M | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4710 | +0.744% | $56K | $493K | 5x | as long as short |
| Binance WLDUSDTshort | +0.0100% | 8h | 0.4695 | +0.433% | $89.8M | $319.2M | 75x | |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4691 | +0.342% | $67.5M | $85.6M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4692 | +0.364% | $35.5M | $152.2M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4695 | +0.428% | $7.5M | $36.7M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4694 | +0.406% | $48.0M | $54.6M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4694 | +0.406% | $31.4M | $28.4M | 75x | as long as short |
| BingX WLD-USDT | +0.0100% | 8h | 0.4692 | +0.364% | — | $67.5M | — | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4706 | +0.658% | $2.1M | $1.7M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4688 | +0.288% | $28K | $317K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4708 | +0.698% | $623K | $1.9M | 10x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4698 | +0.503% | $67K | $1.9M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4698 | +0.492% | $24K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4697 | +0.471% | $223 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4721 | +0.984% | $894K | $1.9M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4720 | +0.963% | $1.9M | $3.7M | 50x | as long as short |
| Backpack WLD_USDC_PERP | +0.0102% | 1h | 0.4720 | +0.971% | $140K | $285K | 10x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4696 | +0.445% | $216K | $879K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4695 | +0.433% | $32K | $600 | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4687 | +0.252% | — | — | 20x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4719 | +0.941% | $5.0M | $878K | 75x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0239% / S −0.1538% | 1h | 0.4693 | +0.392% | $6K | — | 100x | as long as short |
| 01 Exchange WLDUSD | +0.0336% | 1h | 0.4700 | +0.543% | $336 | $77 | 5x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0456% | 1h | 0.4698 | +0.492% | $275K | $1.7M | 50x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0637% | 1h | 0.4700 | +0.530% | $933K | $2.8M | 50x | as long as short |
| Hyperliquid WLD | +0.0716% | 1h | 0.4700 | +0.526% | $52.6M | $44.5M | 10x | as long as short |
| Lighter WLD | +0.0832% | 1h | 0.4721 | +0.978% | $5.4M | $2.1M | 10x | as long as short |
Aster WLDUSDT
Pacifica WLD
Bybit WLDUSDT
OKX WLD-USDT-SWAP
Gate WLD_USDT
MEXC WLD_USDT
Bitget WLDUSDT
BingX WLD-USDT
Variational Omni WLD
edgeX WLDUSDC
GRVT WLD_USDT_Perp
Polymarket Perps WLD-USD
SunX WLD-USDT
SoDEX WLD-USD
HTX WLD-USDT
Phemex WLDUSDT
Backpack WLD_USDC_PERP
Extended WLD-USD
Aevo WLD-PERP
Reya WLDRUSDPERP
BloFin WLD-USDT
GMX WLD/USD [ETH-USDC]
01 Exchange WLDUSD
Coinbase International WLD-PERP-INTX
Kraken Futures PF_WLDUSD
Hyperliquid WLD
Lighter WLD