Funding you earn now, next payment 05:00 UTC−0.0514%/8h= −56.3% APRnext payment −$0.64 per $10,000 · paid last 24h −0.062%
Price spread now: gTrade (Gains Network) against Kraken Futures−0.033%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and gTrade (Gains Network) is 0.033% cheaper against Kraken Futures than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_WLDUSD | 0.4591 | 0.0517 | pay 0.0065% / 1h | 43m 42s | $885K | $2.8M | 50x |
| Short | gTrade (Gains Network) WLD/USD | 0.4590 | L +0.0003% / S −0.0003% | get 0.0000% / 1h | 43m 42s | $67K | — | 150x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$108.03
- Price spread: −0.033% → 0.000%
- −$3.26
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$131.29
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: live order book, 5 min ago; gTrade (Gains Network): no order-book sample. 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 Kraken Futures live order book, 5 min ago | 7.64 bp | 23.3 bp −$23 | 37.4 bp −$374 | doesn't fit | doesn't fit |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
gTrade (Gains Network): no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0013% | 1h | 0.4587 | −0.095% | $243K | $205K | 5x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4587 | −0.104% | $156K | $33K | 10x | as long as short |
| Kalshi KXWLDPERP | 0.0000% | 8h | 0.4582 | −0.204% | $48K | $4.7M | 1.7x | as long as short |
| gTrade (Gains Network) WLD/USDshort | L +0.0003% / S −0.0003% | 1h | 0.4590 | −0.033% | $67K | — | 150x | |
| KuCoin WLDUSDTM | +0.0014% | 8h | 0.4585 | −0.138% | $6.9M | $11.7M | 50x | as long as short |
| Orderly PERP_WLD_USDC | +0.0100% | 8h | 0.4589 | −0.051% | $28K | $884K | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4590 | −0.020% | $211K | $1.1M | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4588 | −0.065% | $49K | $524K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4587 | −0.087% | $87.3M | $329.6M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4586 | −0.116% | $65.3M | $89.9M | 50x | as long as short |
Show all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4585 | −0.138% | $34.8M | $151.8M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4587 | −0.095% | $7.3M | $36.3M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4587 | −0.095% | $43.5M | $54.3M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4588 | −0.073% | $30.3M | $30.3M | 75x | as long as short |
| BingX WLD-USDT | +0.0100% | 8h | 0.4587 | −0.095% | — | $67.6M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4594 | +0.066% | $137K | $302K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4577 | −0.319% | $2.1M | $1.6M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4572 | −0.414% | $27K | $320K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4580 | −0.258% | $610K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4573 | −0.400% | $43K | $238K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4588 | −0.064% | $40K | $2.1M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4595 | +0.080% | $23K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4589 | −0.051% | $207 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4586 | −0.116% | $838K | $1.8M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4591 | −0.008% | $1.8M | $3.6M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4584 | −0.155% | $220K | $981K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4601 | +0.201% | $31K | $600 | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4587 | −0.089% | — | — | 20x | as long as short |
| Injective WLD/USDC PERP | +0.0142% | 1h | 0.4564 | −0.596% | $6K | $185K | 5.5x | as long as short |
| Phoenix WLD | +0.0157% | 1h | 0.4579 | −0.273% | $5K | $52K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | +0.0186% | 1h | 0.4591 | −0.008% | $125K | $959K | 25x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4593 | +0.036% | $4.9M | $866K | 75x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0229% / S −0.1268% | 1h | 0.4590 | −0.022% | $5K | — | 100x | as long as short |
| 01 Exchange WLDUSD | +0.0328% | 1h | 0.4595 | +0.086% | $329 | $55 | 5x | as long as short |
| Hyperliquid WLD | +0.0498% | 1h | 0.4595 | +0.075% | $50.5M | $43.4M | 10x | as long as short |
| Kraken Futures PF_WLDUSDlong | +0.0517% | 1h | 0.4591 | long leg | $885K | $2.8M | 50x | |
| Coinbase International WLD-PERP-INTX | +0.0560% | 1h | 0.4581 | −0.225% | $269K | $1.7M | 50x | as long as short |
| Lighter WLD | +0.0896% | 1h | 0.4597 | +0.119% | $5.2M | $2.6M | 10x | as long as short |
Kraken Futures PF_WLDUSD
gTrade (Gains Network) WLD/USD
Kalshi KXWLDPERP
KuCoin WLDUSDTM
Aster WLDUSDT
Pacifica WLD
Binance WLDUSDT
Bybit WLDUSDT
OKX WLD-USDT-SWAP
Gate WLD_USDT
MEXC WLD_USDT
Bitget WLDUSDT
BingX WLD-USDT
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
HTX WLD-USDT
Phemex WLDUSDT
Extended WLD-USD
Injective WLD/USDC PERP
Phoenix WLD
Deribit WLD_USDC-PERPETUAL
BloFin WLD-USDT
GMX WLD/USD [ETH-USDC]
01 Exchange WLDUSD
Hyperliquid WLD
Coinbase International WLD-PERP-INTX
Lighter WLD