Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.033%
Price spread now: BloFin against OKX+0.132%63s7-day average +0.041% · you sell dearer than you buy
Net, funding: paid 7d − costs−$17as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$410.412% of the position
Funding, last 7 days+0.242%+$24 on $10k
+Price spread, last 4 days (all we have)+0.049%+$5 · spread now +0.132%, 7d avg +0.041%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.092% dearer against OKX than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.041%. The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX WLD-USDT-SWAP | 0.4534 | 0.0100 | pay 0.0100% / 8h | 1h 20m | $34.3M | $153.5M | 50x |
| Short | BloFin WLD-USDT | 0.4540 | 0.0220 | get 0.0220% / 8h | 1h 20m | $4.8M | $922K | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against OKX. 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
- $25.2
- Price spread: +0.132% → +0.041%
- $9.18
- Slippage, 4 orders
- −$19.18
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$6.8
- Costs to cover
- 0.412%
- Break-even
- 8.9 days
Slippage from OKX: live order book, 4 min ago; BloFin: 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 OKX live order book, 4 min ago | 1.10 bp | 6.6 bp −$7 | 15.2 bp −$152 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 3 min ago | 2.20 bp | 11.8 bp −$12 | 17.3 bp −$173 | 40.0 bp −$3,996 | 113.0 bp −$56.5K |
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 | 0.0000% | 1h | 0.4542 | +0.187% | $239K | $169K | 5x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4544 | +0.226% | $155K | $33K | 10x | as long as short |
| Kalshi KXWLDPERP | 0.0000% | 8h | 0.4542 | +0.176% | $49K | $4.7M | 1.7x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4542 | +0.176% | $151K | $958K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4541 | +0.153% | $66K | — | 150x | as long as short |
| KuCoin WLDUSDTM | +0.0095% | 8h | 0.4543 | +0.199% | $6.7M | $11.8M | 50x | as long as short |
| Orderly PERP_WLD_USDC | +0.0099% | 8h | 0.4541 | +0.154% | $27K | $765K | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4546 | +0.261% | $227K | $1.1M | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4544 | +0.221% | $50K | $537K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4541 | +0.161% | $86.6M | $337.0M | 75x | as long as short |
Show all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit WLDUSDT | +0.0100% | 8h | 0.4538 | +0.088% | $64.7M | $90.6M | 50x | as long as short |
| OKX WLD-USDT-SWAPlong | +0.0100% | 8h | 0.4534 | long leg | $34.3M | $153.5M | 50x | |
| Gate WLD_USDT | +0.0100% | 8h | 0.4541 | +0.154% | $7.1M | $36.4M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4540 | +0.132% | $40.1M | $57.6M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4541 | +0.154% | $29.9M | $31.2M | 75x | as long as short |
| BingX WLD-USDC | +0.0100% | 8h | 0.4541 | +0.154% | — | $1.3M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4541 | +0.163% | $135K | $296K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4537 | +0.060% | $2.1M | $1.6M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4546 | +0.269% | $27K | $320K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4547 | +0.278% | $608K | $2.1M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4544 | +0.221% | $48K | $239K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4544 | +0.214% | $47K | $2.6M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4546 | +0.265% | $23K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4540 | +0.132% | $218 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4539 | +0.110% | $830K | $1.6M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4541 | +0.154% | $1.8M | $3.6M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4538 | +0.097% | $210K | $1.0M | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4542 | +0.187% | $31K | $500 | 3x | as long as short |
| Lighter WLD | +0.0120% | 1h | 0.4547 | +0.298% | $4.9M | $2.9M | 10x | as long as short |
| Injective WLD/USDC PERP | +0.0132% | 1h | 0.4581 | +1.037% | $6K | $185K | 5.5x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4542 | +0.170% | — | — | 20x | as long as short |
| 01 Exchange WLDUSD | +0.0152% | 1h | 0.4546 | +0.276% | $325 | $55 | 5x | as long as short |
| Phoenix WLD | +0.0158% | 1h | 0.4548 | +0.302% | $5K | $44K | 10x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0219% / S −0.0967% | 1h | 0.4540 | +0.132% | $4K | — | 100x | as long as short |
| BloFin WLD-USDTshort | +0.0220% | 8h | 0.4540 | +0.132% | $4.8M | $922K | 75x | |
| Coinbase International WLD-PERP-INTX | +0.0488% | 1h | 0.4546 | +0.265% | $274K | $1.6M | 50x | as long as short |
| Hyperliquid WLD | +0.0556% | 1h | 0.4552 | +0.390% | $49.9M | $43.9M | 10x | as long as short |
| Kraken Futures PF_WLDUSD | +0.1042% | 1h | 0.4544 | +0.220% | $872K | $2.9M | 50x | as long as short |
OKX WLD-USDT-SWAP
BloFin WLD-USDT
Kalshi KXWLDPERP
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
KuCoin WLDUSDTM
Aster WLDUSDT
Pacifica WLD
Binance WLDUSDT
Bybit WLDUSDT
Gate WLD_USDT
MEXC WLD_USDT
Bitget WLDUSDT
BingX WLD-USDC
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
Lighter WLD
Injective WLD/USDC PERP
01 Exchange WLDUSD
Phoenix WLD
GMX WLD/USD [ETH-USDC]
Coinbase International WLD-PERP-INTX
Hyperliquid WLD
Kraken Futures PF_WLDUSD