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

WLD

all WLD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC−0.0263%/8h= −28.8% APRnext payment $0.33 per $10,000 · paid last 24h +0.057%
Price spread now: Extended against Kraken Futures−0.299%7-day average −0.095% · you buy dearer than you sell
Net, funding: paid 7d − costs−$18as in the Funding arb table
Net, price: spread back to 7d avg − costs−$72as 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+0.333%+$33 on $10k
Price spread, last 3 days (all we have)−0.531%−$53 · spread now −0.299%, 7d avg −0.095%
Together, before fees−0.198%+ Points / potential airdropExtended: Active · farm board−$20 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Extended is 0.204% cheaper against Kraken Futures than usual: you would sell low and buy high (−$20 if the spread goes back to its 7-day average of −0.095%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.333%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_WLDUSD0.45600.0367pay 0.0046% / 1h31m 09s$919K$2.3M50x
ShortExtended WLD-USD0.45460.0104get 0.0013% / 1h31m 09s$127K$732K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
−$55.19
Price spread: −0.299% → −0.095%
−$20.36
Slippage, 4 orders
−$36.35
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$126.9
Costs to cover
0.513%
Break-even
never at this rate
Slippage from Kraken Futures: live order book, 3 min ago; Extended: live order book, 17 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, 3 min ago6.63 bp24.5 bp −$2447.1 bp −$471doesn't fitdoesn't fit
Sell Extended live order book, 17 min ago2.26 bp6.8 bp −$713.0 bp −$130doesn'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
Variational Omni WLD−0.0178%8h0.4494−1.450%$2.1M$1.4Mas long as short
Phoenix WLD−0.0091%1h0.4514−0.993%$2K$47K10xas long as short
Bybit WLDUSDT−0.0070%8h0.4555−0.102%$67.2M$72.7M50xas long as short
Orderly PERP_WLD_USDC−0.0038%8h0.4548−0.256%$28K$923K10xas long as short
Nado WLD-PERP−0.0033%1h0.4542−0.393%$355K$146K5xas long as short
OKX WLD-USDT-SWAP−0.0018%8h0.4553−0.146%$34.3M$129.5M50xas long as short
KuCoin WLDUSDTM−0.0012%8h0.4548−0.256%$7.4M$10.1M50xas long as short
Binance WLDUSDT−0.0003%8h0.4554−0.133%$84.1M$271.0M75xas long as short
MEXC WLD_USDT−0.0003%8h0.4555−0.102%$51.0M$43.3M300xas long as short
dYdX WLD-USD0.0000%1h0.4547−0.271%$155K$6K10xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kalshi KXWLDPERP0.0000%8h0.4543−0.366%$48K$3.7M1.7xas long as short
Deribit WLD_USDC-PERPETUAL0.0000%1h0.4547−0.278%$163K$739K25xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4549−0.239%$59K150xas long as short
Aevo WLD-PERP+0.0080%1h0.4550−0.202%$31K$5K3xas long as short
Gate WLD_USDT+0.0097%8h0.4554−0.124%$7.4M$33.4M75xas long as short
Hyperliquid WLD+0.0100%1h0.4558−0.045%$46.2M$38.0M10xas long as short
Aster WLDUSDT+0.0100%8h0.4550−0.222%$238K$919K50xas long as short
Pacifica WLD+0.0100%1h0.4547−0.270%$55K$466K5xas long as short
Bitget WLDUSDT+0.0100%8h0.4553−0.146%$30.0M$24.2M75xas long as short
BingX WLD-USDT+0.0100%8h0.4552−0.168%$67.7Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4556−0.069%$132K$276K10xas long as short
edgeX WLDUSDC+0.0100%4h0.4524−0.788%$27K$315K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4539−0.453%$610K$1.9M10xas long as short
ApeX Omni WLDUSDT+0.0100%1h0.4524−0.782%$62K$222K50xas long as short
Polymarket Perps WLD-USD+0.0100%1h0.4546−0.300%$58K$1.7M10xas long as short
SunX WLD-USDT+0.0100%8h0.4559−0.015%$23K$1.4M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4548−0.256%$198$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4542−0.387%$840K$1.7M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4554−0.124%$1.9M$3.8M50xas long as short
Extended WLD-USDshort+0.0104%1h0.4546−0.299%$127K$732K10x
Injective WLD/USDC PERP+0.0112%1h0.4490−1.528%$6K$90K5.5xas long as short
BloFin WLD-USDT+0.0117%8h0.4549−0.234%$4.8M$887K75xas long as short
01 Exchange WLDUSD+0.0128%1h0.4548−0.249%$325$775xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4540−0.421%20xas long as short
GMX WLD/USD [ETH-USDC]L +0.0216% / S −0.1712%1h0.4548−0.262%$9K100xas long as short
Coinbase International WLD-PERP-INTX+0.0296%1h0.4553−0.146%$277K$1.5M50xas long as short
Kraken Futures PF_WLDUSDlong+0.0367%1h0.4560long leg$919K$2.3M50x
Lighter WLD+0.0768%1h0.4565+0.119%$5.2M$1.6M10xas long as short