Funding you earn now, next payment 02:00 UTC−0.0545%/8h= −59.7% APRpaid last 24h +0.006%
Price spread now: HTX against Kraken Futures+0.010%7-day average −0.216% · you sell dearer than you buy
Net, funding: paid 7d − costs−$146as in the Funding arb table
Net, price: spread back to 7d avg − costs−$116as in the Price arb table
costs, in and out, $10k−$1391.391% of the position
Funding, last 7 days−0.068%−$7 on $10k
+Price spread, last 3 days (all we have)−0.398%−$40 · spread now +0.010%, 7d avg −0.216%
=The price spread pays, funding is against you. HTX is 0.226% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.010% now, against its 7-day average of −0.216%): +$23 on $10k if it goes back. Holding the pair costs −$16 a day in funding at the current rate, which eats that in about 33 hours. At the pace of the last 7 days (−0.068% in total) that is about 23 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 -3.6% 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 | Kraken Futures PF_WLDUSD | 0.4641 | 0.0645 | pay 0.0081% / 1h | 35m 46s | $908K | $2.8M | 50x |
| Short | HTX WLD-USDT | 0.4641 | 0.0100 | get 0.0100% / 8h | 6h 35m | $879K | $1.9M | 50x |
Kraken Futures PF_WLDUSD
HTX WLD-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- −$114.43
- Price spread: +0.010% → −0.216%
- $22.61
- Slippage, 4 orders
- −$117.11
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$230.93
- Costs to cover
- 1.391%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 3 min ago; HTX: live order book, 3 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 Kraken Futures live order book, 3 min ago | 6.51 bp | 24.1 bp −$24 | 44.0 bp −$440 | doesn't fit | doesn't fit |
| Sell HTX live order book, 3 min ago | 13.04 bp | 40.4 bp −$40 | doesn't fit | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective WLD/USDC PERP | −0.0235% | 1h | 0.4615 | −0.551% | $6K | $185K | 5.5x | as long as short |
| Kalshi KXWLDPERP | −0.0163% | 8h | 0.4628 | −0.270% | $30K | $4.4M | 1.7x | as long as short |
| KuCoin WLDUSDTM | −0.0046% | 8h | 0.4637 | −0.077% | $7.0M | $11.4M | 50x | as long as short |
| Nado WLD-PERP | −0.0008% | 1h | 0.4637 | −0.087% | $269K | $178K | 5x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4638 | −0.053% | $158K | $19K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4639 | −0.033% | $128K | $911K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4644 | +0.070% | $67K | — | 150x | as long as short |
| ApeX Omni WLDUSDT | +0.0017% | 1h | 0.4623 | −0.378% | $51K | $240K | 50x | as long as short |
| Orderly PERP_WLD_USDC | +0.0056% | 8h | 0.4642 | +0.031% | $28K | $898K | 10x | as long as short |
| Gate WLD_USDT | +0.0065% | 8h | 0.4641 | +0.010% | $7.3M | $37.2M | 75x | as long as short |
Injective WLD/USDC PERP
Kalshi KXWLDPERP
KuCoin WLDUSDTM
Nado WLD-PERP
dYdX WLD-USD
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
ApeX Omni WLDUSDT
Orderly PERP_WLD_USDC
Gate WLD_USDTShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix WLD | +0.0068% | 1h | 0.4673 | +0.691% | $5K | $54K | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4639 | −0.024% | $178K | $1.0M | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4641 | −0.001% | $57K | $509K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4640 | −0.012% | $88.1M | $323.7M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4638 | −0.055% | $66.3M | $87.0M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4638 | −0.055% | $34.9M | $151.3M | 50x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4642 | +0.031% | $46.7M | $55.4M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4638 | −0.055% | $30.8M | $29.0M | 75x | as long as short |
| BingX WLD-USDC | +0.0100% | 8h | 0.4642 | +0.031% | — | $1.3M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4644 | +0.074% | $137K | $291K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4642 | +0.026% | $2.1M | $1.7M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4616 | −0.533% | $28K | $317K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4612 | −0.614% | $605K | $1.9M | 10x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4642 | +0.036% | $51K | $2.1M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4647 | +0.139% | $23K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4638 | −0.055% | $220 | $5K | 10x | as long as short |
| HTX WLD-USDTshort | +0.0100% | 8h | 0.4641 | +0.010% | $879K | $1.9M | 50x | |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4642 | +0.031% | $1.8M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4640 | −0.015% | $214K | $885K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4638 | −0.048% | $31K | $600 | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4638 | −0.049% | — | — | 20x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4719 | +1.690% | $5.0M | $878K | 75x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0239% / S −0.1538% | 1h | 0.4643 | +0.050% | $6K | — | 100x | as long as short |
| 01 Exchange WLDUSD | +0.0264% | 1h | 0.4643 | +0.048% | $332 | $77 | 5x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0456% | 1h | 0.4646 | +0.117% | $275K | $1.7M | 50x | as long as short |
| Hyperliquid WLD | +0.0605% | 1h | 0.4646 | +0.113% | $51.9M | $44.0M | 10x | as long as short |
| Kraken Futures PF_WLDUSDlong | +0.0645% | 1h | 0.4641 | long leg | $908K | $2.8M | 50x | |
| Lighter WLD | +0.0832% | 1h | 0.4651 | +0.234% | $5.3M | $2.1M | 10x | as long as short |
Phoenix WLD
Aster WLDUSDT
Pacifica WLD
Binance WLDUSDT
Bybit WLDUSDT
OKX WLD-USDT-SWAP
MEXC WLD_USDT
Bitget WLDUSDT
BingX WLD-USDC
Backpack WLD_USDC_PERP
Variational Omni WLD
edgeX WLDUSDC
GRVT WLD_USDT_Perp
Polymarket Perps WLD-USD
SunX WLD-USDT
SoDEX WLD-USD
Phemex WLDUSDT
Extended WLD-USD
Aevo WLD-PERP
Reya WLDRUSDPERP
BloFin WLD-USDT
GMX WLD/USD [ETH-USDC]
01 Exchange WLDUSD
Coinbase International WLD-PERP-INTX
Hyperliquid WLD
Lighter WLD