Funding you earn now, next payment 08:00 UTC+0.0027%/8h= +3.0% APRnext payment +$0.27 per $10,000 · paid last 24h −0.004%
Price spread now: Bybit against KuCoin−0.044%7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$66as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$650.649% of the position
Funding, last 7 days−0.008%−$1 on $10k
+Price spread, last 7 days+0.030%+$3 · spread now −0.044%, 7d avg −0.007%
=Funding pays, the price is against you. Bybit is 0.036% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.044% now, against its 7-day average of −0.007%). If the spread goes back, that is −$4 on $10k: about 4.5 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin WLDUSDTM | 0.4560 | 0.0073 | pay 0.0073% / 8h | 2h 01m | $6.8M | $11.9M | 50x |
| Short | Bybit WLDUSDT | 0.4558 | 0.0100 | get 0.0100% / 8h | 2h 01m | $65.0M | $91.6M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against KuCoin. 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
- $5.67
- Price spread: −0.044% → −0.007%
- −$3.64
- Slippage, 4 orders
- −$41.85
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$62.82
- Costs to cover
- 0.649%
- Break-even
- 84.6 days
Slippage from KuCoin: live order book, 7 min ago; Bybit: live order book, 2 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 KuCoin live order book, 7 min ago | 1.10 bp | 25.0 bp −$25 | 44.0 bp −$440 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 1.10 bp | 10.0 bp −$10 | 18.7 bp −$187 | 117.5 bp −$11.8K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Nado WLD-PERP | −0.0034% | 1h | 0.4560 | −0.011% | $240K | $170K | 5x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4559 | −0.019% | $155K | $33K | 10x | as long as short |
| Kalshi KXWLDPERP | 0.0000% | 8h | 0.4561 | +0.022% | $53K | $4.8M | 1.7x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4562 | +0.046% | $66K | — | 150x | as long as short |
| KuCoin WLDUSDTMlong | +0.0073% | 8h | 0.4560 | long leg | $6.8M | $11.9M | 50x | |
| 01 Exchange WLDUSD | +0.0080% | 1h | 0.4558 | −0.037% | $326 | $55 | 5x | as long as short |
| Orderly PERP_WLD_USDC | +0.0099% | 8h | 0.4562 | +0.044% | $27K | $790K | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4561 | +0.028% | $227K | $1.1M | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4561 | +0.016% | $51K | $538K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4559 | −0.032% | $86.7M | $339.2M | 75x | as long as short |
Show all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit WLDUSDTshort | +0.0100% | 8h | 0.4558 | −0.044% | $65.0M | $91.6M | 50x | |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4556 | −0.088% | $34.6M | $155.9M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4560 | 0.000% | $7.2M | $37.9M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4558 | −0.044% | $40.4M | $57.3M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4556 | −0.088% | $30.1M | $31.4M | 75x | as long as short |
| BingX WLD-USDT | +0.0100% | 8h | 0.4559 | −0.022% | — | $70.2M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4564 | +0.092% | $133K | $300K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4579 | +0.410% | $2.1M | $1.7M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4565 | +0.105% | $27K | $321K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4568 | +0.175% | $606K | $2.0M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4574 | +0.307% | $49K | $240K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4556 | −0.079% | $47K | $2.4M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4568 | +0.175% | $23K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4563 | +0.066% | $211 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4567 | +0.154% | $835K | $1.7M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4565 | +0.110% | $1.8M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4556 | −0.085% | $211K | $1.0M | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4565 | +0.099% | $31K | $500 | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4556 | −0.094% | — | — | 20x | as long as short |
| Phoenix WLD | +0.0142% | 1h | 0.4578 | +0.390% | $5K | $52K | 10x | as long as short |
| Lighter WLD | +0.0168% | 1h | 0.4566 | +0.129% | $4.9M | $2.9M | 10x | as long as short |
| Injective WLD/USDC PERP | +0.0176% | 1h | 0.4544 | −0.351% | $6K | $185K | 5.5x | as long as short |
| Deribit WLD_USDC-PERPETUAL | +0.0188% | 1h | 0.4564 | +0.088% | $151K | $1.0M | 25x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0219% / S −0.0967% | 1h | 0.4561 | +0.028% | $4K | — | 100x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4568 | +0.175% | $4.8M | $921K | 75x | as long as short |
| Hyperliquid WLD | +0.0364% | 1h | 0.4566 | +0.134% | $49.8M | $44.6M | 10x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0496% | 1h | 0.4567 | +0.145% | $864K | $2.9M | 50x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0536% | 1h | 0.4566 | +0.132% | $275K | $1.7M | 50x | as long as short |
KuCoin WLDUSDTM
Bybit WLDUSDT
Kalshi KXWLDPERP
gTrade (Gains Network) WLD/USD
01 Exchange WLDUSD
Aster WLDUSDT
Pacifica WLD
Binance 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
Phoenix WLD
Lighter WLD
Injective WLD/USDC PERP
Deribit WLD_USDC-PERPETUAL
GMX WLD/USD [ETH-USDC]
BloFin WLD-USDT
Hyperliquid WLD
Kraken Futures PF_WLDUSD
Coinbase International WLD-PERP-INTX