Funding you earn now, next payment 03:00 UTC−0.0807%/8h= −88.4% APRnext payment −$1.01 per $10,000 · paid last 24h −0.007%
Price spread now: Pacifica against Kraken Futures−0.108%7-day average −0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$670.666% of the position
Funding, last 7 days−0.031%−$3 on $10k
+Price spread, last 4 days (all we have)−0.524%−$52 · spread now −0.108%, 7d avg −0.019%
=Together, before fees−0.555%+ Points / potential airdropPacifica: Active · farm board−$56 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$24 a day on $10k at the current rate, and Pacifica is 0.089% cheaper against Kraken Futures than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.019%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.031% in total (about -1.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.01 per $10,000. 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 | 0.4565 | 0.0907 | pay 0.0113% / 1h | 5m 40s | $883K | $2.9M | 50x |
| Short | Pacifica WLD | 0.4560 | 0.0100 | get 0.0013% / 1h | 5m 40s | $49K | $522K | 5x |
Kraken Futures PF_WLDUSD
Pacifica WLDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica 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
- −$169.5
- Price spread: −0.108% → −0.019%
- −$8.89
- Slippage, 4 orders
- −$48.59
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$244.98
- Costs to cover
- 0.666%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 3 min ago; Pacifica: live order book, 58 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 | 7.63 bp | 23.7 bp −$24 | 36.7 bp −$367 | doesn't fit | doesn't fit |
| Sell Pacifica live order book, 58 min ago | 4.28 bp | 10.1 bp −$10 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kalshi KXWLDPERP | −0.0117% | 8h | 0.4572 | +0.159% | $55K | $4.6M | 1.7x | as long as short |
| KuCoin WLDUSDTM | −0.0029% | 8h | 0.4558 | −0.148% | $6.9M | $11.6M | 50x | as long as short |
| Nado WLD-PERP | −0.0004% | 1h | 0.4563 | −0.027% | $242K | $205K | 5x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4556 | −0.189% | $162K | $26K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4562 | −0.060% | $115K | $923K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4563 | −0.042% | $55K | — | 150x | as long as short |
| 01 Exchange WLDUSD | +0.0048% | 1h | 0.4565 | +0.014% | $327 | $80 | 5x | as long as short |
| Orderly PERP_WLD_USDC | +0.0079% | 8h | 0.4560 | −0.104% | $28K | $890K | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4563 | −0.036% | $181K | $1.1M | 50x | as long as short |
| Pacifica WLDshort | +0.0100% | 1h | 0.4560 | −0.108% | $49K | $522K | 5x |
Kalshi KXWLDPERP
KuCoin WLDUSDTM
Nado WLD-PERP
dYdX WLD-USD
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
01 Exchange WLDUSD
Orderly PERP_WLD_USDC
Aster WLDUSDTShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance WLDUSDT | +0.0100% | 8h | 0.4557 | −0.170% | $86.7M | $328.2M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4556 | −0.192% | $65.1M | $88.8M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4561 | −0.082% | $34.2M | $148.4M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4558 | −0.148% | $7.1M | $37.2M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4560 | −0.104% | $44.2M | $55.0M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4561 | −0.082% | $30.1M | $30.0M | 75x | as long as short |
| BingX WLD-USDT | +0.0100% | 8h | 0.4558 | −0.148% | — | $67.3M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4561 | −0.091% | $136K | $298K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4559 | −0.134% | $2.1M | $1.7M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4594 | +0.644% | $27K | $318K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4596 | +0.685% | $605K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4590 | +0.553% | $50K | $236K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4563 | −0.036% | $49K | $2.1M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4568 | +0.071% | $23K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4561 | −0.082% | $177 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4574 | +0.203% | $837K | $1.9M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4563 | −0.038% | $1.8M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4557 | −0.163% | $227K | $974K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4561 | −0.085% | $31K | $600 | 3x | as long as short |
| Lighter WLD | +0.0128% | 1h | 0.4562 | −0.060% | $4.9M | $2.4M | 10x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4561 | −0.078% | — | — | 20x | as long as short |
| Phoenix WLD | +0.0172% | 1h | 0.4593 | +0.615% | $5K | $57K | 10x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4576 | +0.247% | $5.0M | $839K | 75x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0229% / S −0.1268% | 1h | 0.4563 | −0.043% | $5K | — | 100x | as long as short |
| Hyperliquid WLD | +0.0435% | 1h | 0.4566 | +0.034% | $50.1M | $43.2M | 10x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0480% | 1h | 0.4569 | +0.093% | $269K | $1.7M | 50x | as long as short |
| Injective WLD/USDC PERP | +0.0677% | 1h | 0.4636 | +1.561% | $6K | $185K | 5.5x | as long as short |
| Kraken Futures PF_WLDUSDlong | +0.0907% | 1h | 0.4565 | long leg | $883K | $2.9M | 50x |
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
Aevo WLD-PERP
Lighter WLD
Reya WLDRUSDPERP
Phoenix WLD
BloFin WLD-USDT
GMX WLD/USD [ETH-USDC]
Hyperliquid WLD
Coinbase International WLD-PERP-INTX
Injective WLD/USDC PERP