Funding you earn now, next payment 01:00 UTC+0.0335%/8h= +36.7% APRpaid last 24h +0.005%
Price spread now: Kraken Futures against KuCoin+0.020%7-day average +0.065% · you sell dearer than you buy
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costs−$88as in the Price arb table
costs, in and out, $10k−$830.833% of the position
Funding, last 7 days+0.104%+$10 on $10k
+Price spread, last 3 days (all we have)+0.159%+$16 · spread now +0.020%, 7d avg +0.065%
=Funding pays, the price is against you. Kraken Futures is 0.046% cheaper against KuCoin than usual: you would sell low and buy high (spread +0.020% now, against its 7-day average of +0.065%). If the spread goes back, that is −$5 on $10k: about 11 hours of funding at the current rate (+$10 a day). At the pace of the last 7 days (+0.104% in total) that is about 3.1 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.104% in total (about 5.4% 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 | KuCoin WLDUSDTM | 0.4721 | −0.0016 | get 0.0016% / 8h | 7h 22m | $7.1M | $11.1M | 50x |
| Short | Kraken Futures PF_WLDUSD | 0.4722 | 0.0319 | get 0.0040% / 1h | 22m 09s | $933K | $2.7M | 50x |
KuCoin WLDUSDTM
Kraken Futures PF_WLDUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- $70.39
- Price spread: +0.020% → +0.065%
- −$4.55
- Slippage, 4 orders
- −$61.35
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$17.52
- Costs to cover
- 0.833%
- Break-even
- 8.7 days
Slippage from KuCoin: live order book, 1 min ago; Kraken Futures: 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, 1 min ago | 1.06 bp | 24.9 bp −$25 | 65.8 bp −$658 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 2 min ago | 7.42 bp | 17.7 bp −$18 | 29.2 bp −$292 | 1117.9 bp −$111.8K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kalshi KXWLDPERP | −0.0170% | 8h | 0.4727 | +0.127% | $52K | $4.0M | 1.7x | as long as short |
| Phemex WLDUSDT | −0.0036% | 8h | 0.4717 | −0.085% | $1.9M | $3.7M | 50x | as long as short |
| Nado WLD-PERP | −0.0023% | 1h | 0.4723 | +0.053% | $280K | $173K | 5x | as long as short |
| KuCoin WLDUSDTMlong | −0.0016% | 8h | 0.4721 | long leg | $7.1M | $11.1M | 50x | |
| dYdX WLD-USD | 0.0000% | 1h | 0.4728 | +0.142% | $169K | $13K | 10x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4730 | +0.191% | $58K | — | 150x | as long as short |
| Injective WLD/USDC PERP | +0.0038% | 1h | 0.4659 | −1.313% | $6K | $185K | 5.5x | as long as short |
| Orderly PERP_WLD_USDC | +0.0047% | 8h | 0.4734 | +0.275% | $29K | $903K | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4724 | +0.060% | $208K | $974K | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4726 | +0.106% | $55K | $481K | 5x | as long as short |
Kalshi KXWLDPERP
Phemex WLDUSDT
Nado WLD-PERP
dYdX WLD-USD
gTrade (Gains Network) WLD/USD
Injective WLD/USDC PERP
Orderly PERP_WLD_USDC
Aster WLDUSDT
Pacifica WLDShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance WLDUSDT | +0.0100% | 8h | 0.4717 | −0.092% | $90.2M | $306.9M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4716 | −0.106% | $68.1M | $83.0M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4718 | −0.064% | $35.8M | $149.0M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4727 | +0.127% | $7.7M | $35.8M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4727 | +0.127% | $49.0M | $54.4M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4734 | +0.275% | $31.7M | $26.7M | 75x | as long as short |
| BingX WLD-USDT | +0.0100% | 8h | 0.4729 | +0.169% | — | $67.2M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4712 | −0.199% | $140K | $279K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4714 | −0.154% | $2.1M | $1.7M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4721 | +0.004% | $28K | $316K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4733 | +0.256% | $625K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4693 | −0.593% | $55K | $230K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4728 | +0.157% | $56K | $1.6M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4739 | +0.381% | $24K | $1.5M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4718 | −0.064% | $225 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4731 | +0.212% | $874K | $1.8M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4732 | +0.242% | $218K | $871K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4731 | +0.212% | $32K | $600 | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4726 | +0.101% | — | — | 20x | as long as short |
| Phoenix WLD | +0.0157% | 1h | 0.4704 | −0.362% | $5K | $53K | 10x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4712 | −0.191% | $5.0M | $873K | 75x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0239% / S −0.1538% | 1h | 0.4730 | +0.183% | $6K | — | 100x | as long as short |
| 01 Exchange WLDUSD | +0.0248% | 1h | 0.4721 | −0.011% | $338 | $77 | 5x | as long as short |
| Kraken Futures PF_WLDUSDshort | +0.0319% | 1h | 0.4722 | +0.020% | $933K | $2.7M | 50x | |
| Deribit WLD_USDC-PERPETUAL | +0.0384% | 1h | 0.4736 | +0.318% | $136K | $863K | 25x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0448% | 1h | 0.4727 | +0.127% | $286K | $1.7M | 50x | as long as short |
| Hyperliquid WLD | +0.0824% | 1h | 0.4736 | +0.318% | $52.9M | $43.5M | 10x | as long as short |
| Lighter WLD | +0.1016% | 1h | 0.4731 | +0.205% | $5.4M | $2.0M | 10x | as long as short |
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
Extended WLD-USD
Aevo WLD-PERP
Reya WLDRUSDPERP
Phoenix WLD
BloFin WLD-USDT
GMX WLD/USD [ETH-USDC]
01 Exchange WLDUSD
Deribit WLD_USDC-PERPETUAL
Coinbase International WLD-PERP-INTX
Hyperliquid WLD
Lighter WLD