Funding you earn now, next payment 10:00 UTC+0.0244%/8h= +26.7% APRpaid last 24h +0.098%
Price spread now: Coinbase International against MEXC−0.067%7-day average +0.072% · you buy dearer than you sell
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$470.466% of the position
Funding, last 7 days+0.149%+$15 on $10k
+Price spread, last 4 days (all we have)+0.156%+$16 · spread now −0.067%, 7d avg +0.072%
=Funding pays, the price is against you. Coinbase International is 0.139% cheaper against MEXC than usual: you would sell low and buy high (spread −0.067% now, against its 7-day average of +0.072%). If the spread goes back, that is −$14 on $10k: about 46 hours of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.149% in total) that is about 6.5 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.149% in total (about 7.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC WLD_USDT | 0.4466 | 0.0100 | pay 0.0100% / 8h | 5h 48m | $41.8M | $54.5M | 300x |
| Short | Coinbase International WLD-PERP-INTX | 0.4463 | 0.0344 | get 0.0043% / 1h | 48m 11s | $272K | $968K | 50x |
MEXC WLD_USDT
Coinbase International WLD-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against MEXC. 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
- $51.24
- Price spread: −0.067% → +0.072%
- −$13.95
- Slippage, 4 orders
- −$36.64
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$9.34
- Costs to cover
- 0.466%
- Break-even
- 8.3 days
Slippage from MEXC: live order book, 4 min ago; Coinbase International: live order book, 13 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 MEXC live order book, 4 min ago | 1.12 bp | 1.1 bp −$1 | 3.1 bp −$31 | 20.2 bp −$2,021 | 77.9 bp −$38.9K |
| Sell Coinbase International live order book, 13 min ago | 5.57 bp | 16.5 bp −$17 | 21.3 bp −$213 | doesn't fit | doesn't fit |
WLD on 38 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_WLDUSD | −0.0193% | 1h | 0.4466 | +0.004% | $855K | $2.6M | 50x | as long as short |
| Nado WLD-PERP | −0.0141% | 1h | 0.4456 | −0.224% | $234K | $159K | 5x | as long as short |
| Bybit WLDUSDT | −0.0134% | 8h | 0.4464 | −0.045% | $63.8M | $84.9M | 50x | as long as short |
| Polymarket Perps WLD-USD | −0.0121% | 1h | 0.4456 | −0.224% | $48K | $2.6M | 10x | as long as short |
| Gate WLD_USDT | −0.0091% | 8h | 0.4465 | −0.022% | $7.0M | $31.1M | 75x | as long as short |
| 01 Exchange WLDUSD | −0.0064% | 1h | 0.4459 | −0.166% | $319 | $55 | 5x | as long as short |
| Kalshi KXWLDPERP | 0.0000% | 8h | 0.4463 | −0.067% | $67K | $4.2M | 1.7x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4463 | −0.067% | $101K | $1.1M | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4463 | −0.077% | $65K | — | 150x | as long as short |
| Injective WLD/USDC PERP | +0.0007% | 1h | 0.4477 | +0.246% | $6K | $185K | 5.5x | as long as short |
Kraken Futures PF_WLDUSD
Nado WLD-PERP
Bybit WLDUSDT
Polymarket Perps WLD-USD
Gate WLD_USDT
01 Exchange WLDUSD
Kalshi KXWLDPERP
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
Injective WLD/USDC PERPShow all 38 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX WLD-USD | +0.0009% | 1h | 0.4460 | −0.138% | $152K | $31K | 10x | as long as short |
| Phoenix WLD | +0.0053% | 1h | 0.4456 | −0.213% | $4K | $40K | 10x | as long as short |
| KuCoin WLDUSDTM | +0.0059% | 8h | 0.4461 | −0.112% | $6.6M | $10.4M | 50x | as long as short |
| Variational Omni WLD | +0.0080% | 8h | 0.4450 | −0.350% | $2.0M | $1.4M | — | as long as short |
| Orderly PERP_WLD_USDC | +0.0088% | 8h | 0.4462 | −0.090% | $27K | $334K | 10x | as long as short |
| Lighter WLD | +0.0096% | 1h | 0.4470 | +0.081% | $4.8M | $3.0M | 10x | as long as short |
| Hyperliquid WLD | +0.0100% | 1h | 0.4470 | +0.083% | $49.4M | $28.9M | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4464 | −0.045% | $210K | $884K | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4459 | −0.157% | $58K | $501K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4464 | −0.045% | $84.8M | $312.9M | 75x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4464 | −0.045% | $33.9M | $141.2M | 50x | as long as short |
| MEXC WLD_USDTlong | +0.0100% | 8h | 0.4466 | long leg | $41.8M | $54.5M | 300x | |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4464 | −0.045% | $29.4M | $28.7M | 75x | as long as short |
| BingX WLD-USDT | +0.0100% | 8h | 0.4464 | −0.045% | — | $55.6M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4467 | +0.016% | $129K | $275K | 10x | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4454 | −0.264% | $27K | $322K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4471 | +0.112% | $593K | $2.2M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4455 | −0.246% | $59K | $242K | 50x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4466 | 0.000% | $22K | $1.4M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4464 | −0.045% | $231 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4455 | −0.246% | $817K | $1.2M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4466 | 0.000% | $1.7M | $3.5M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4460 | −0.134% | $210K | $659K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4465 | −0.024% | $30K | $500 | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4450 | −0.349% | — | — | 20x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0218% / S −0.0967% | 1h | 0.4466 | −0.005% | $4K | — | 100x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4453 | −0.291% | $4.8M | $912K | 75x | as long as short |
| Coinbase International WLD-PERP-INTXshort | +0.0344% | 1h | 0.4463 | −0.067% | $272K | $968K | 50x |
dYdX WLD-USD
Phoenix WLD
KuCoin WLDUSDTM
Variational Omni WLD
Orderly PERP_WLD_USDC
Lighter WLD
Hyperliquid WLD
Aster WLDUSDT
Pacifica WLD
Binance WLDUSDT
OKX WLD-USDT-SWAP
Bitget WLDUSDT
BingX WLD-USDT
Backpack WLD_USDC_PERP
edgeX WLDUSDC
GRVT WLD_USDT_Perp
ApeX Omni WLDUSDT
SunX WLD-USDT
SoDEX WLD-USD
HTX WLD-USDT
Phemex WLDUSDT
Extended WLD-USD
Aevo WLD-PERP
Reya WLDRUSDPERP
GMX WLD/USD [ETH-USDC]
BloFin WLD-USDT