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−0.0402%/8h= −44.1% APRpaid last 24h −0.040%
Price spread now: edgeX against Kraken Futures+0.107%7-day average −0.081% · you sell dearer than you buy
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$510.513% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.068%−$7 on $10k
Price spread, last 4 days (all we have)−0.444%−$44 · spread now +0.107%, 7d avg −0.081%
Together, before fees−0.512%+ Points / potential airdropedgeX: Active · farm board−$51 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.188% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.107% now, against its 7-day average of −0.081%): +$19 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 37 hours. At the pace of the last 7 days (−0.068% in total) that is about 19 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.068% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_WLDUSD0.45100.0502pay 0.0063% / 1h46m 26s$860K$2.9M50x
ShortedgeX WLDUSDC0.45150.0100get 0.0050% / 4h2h 46m$27K$321K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Kraken Futures. 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
−$84.52
Price spread: +0.107% → −0.081%
$18.77
Slippage, 4 orders
−$32.3
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$117.05
Costs to cover
0.513%
Break-even
never at this rate
Slippage from Kraken Futures: live order book, 2 min ago; edgeX: live order book, 2 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 Kraken Futures live order book, 2 min ago5.53 bp22.9 bp −$2334.5 bp −$345doesn't fitdoesn't fit
Sell edgeX live order book, 2 min ago4.43 bp8.9 bp −$918.3 bp −$183doesn't fitdoesn'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−0.0045%1h0.4502−0.177%$242K$208K5xas long as short
dYdX WLD-USD0.0000%1h0.4506−0.094%$154K$33K10xas long as short
Kalshi KXWLDPERP0.0000%8h0.4506−0.088%$80K$4.8M1.7xas long as short
Deribit WLD_USDC-PERPETUAL0.0000%1h0.4507−0.066%$144K$1.0M25xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4505−0.114%$65K150xas long as short
Polymarket Perps WLD-USD+0.0040%1h0.4501−0.210%$36K$2.4M10xas long as short
KuCoin WLDUSDTM+0.0041%8h0.4503−0.154%$6.7M$11.9M50xas long as short
01 Exchange WLDUSD+0.0056%1h0.4506−0.086%$322$555xas long as short
Orderly PERP_WLD_USDC+0.0098%8h0.4507−0.066%$28K$849K10xas long as short
Aster WLDUSDT+0.0100%8h0.4507−0.061%$225K$1.1M50xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica WLD+0.0100%1h0.4507−0.064%$50K$541K5xas long as short
Binance WLDUSDT+0.0100%8h0.4504−0.130%$85.4M$337.2M75xas long as short
Bybit WLDUSDT+0.0100%8h0.4501−0.199%$64.0M$91.8M50xas long as short
OKX WLD-USDT-SWAP+0.0100%8h0.4503−0.154%$34.1M$152.9M50xas long as short
Gate WLD_USDT+0.0100%8h0.4507−0.066%$7.2M$36.8M75xas long as short
MEXC WLD_USDT+0.0100%8h0.4502−0.177%$38.8M$55.5M300xas long as short
Bitget WLDUSDT+0.0100%8h0.4504−0.132%$29.7M$30.9M75xas long as short
BingX WLD-USDC+0.0100%8h0.4504−0.132%$1.3Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4505−0.106%$133K$308K10xas long as short
Variational Omni WLD+0.0100%8h0.4526+0.349%$2.0M$1.7Mas long as short
edgeX WLDUSDCshort+0.0100%4h0.4515+0.107%$27K$321K20x
GRVT WLD_USDT_Perp+0.0100%8h0.4528+0.408%$594K$2.0M10xas long as short
ApeX Omni WLDUSDT+0.0100%1h0.4523+0.289%$48K$240K50xas long as short
SunX WLD-USDT+0.0100%8h0.4510+0.001%$22K$1.6M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4505−0.110%$206$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4505−0.110%$825K$1.8M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4505−0.110%$1.8M$3.7M50xas long as short
Extended WLD-USD+0.0104%1h0.4503−0.148%$221K$999K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4506−0.077%$31K$6003xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4501−0.193%20xas long as short
Phoenix WLD+0.0142%1h0.4514+0.094%$5K$52K10xas long as short
Lighter WLD+0.0160%1h0.4512+0.047%$4.9M$2.9M10xas long as short
Injective WLD/USDC PERP+0.0176%1h0.4519+0.200%$6K$185K5.5xas long as short
GMX WLD/USD [ETH-USDC]L +0.0219% / S −0.0967%1h0.4503−0.148%$4K100xas long as short
BloFin WLD-USDT+0.0220%8h0.4508−0.044%$4.8M$927K75xas long as short
Hyperliquid WLD+0.0318%1h0.4508−0.041%$48.9M$44.1M10xas long as short
Kraken Futures PF_WLDUSDlong+0.0502%1h0.4510long leg$860K$2.9M50x
Coinbase International WLD-PERP-INTX+0.0536%1h0.4520+0.223%$276K$1.7M50xas long as short