Funding you earn now, next payment 02:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.13 per $10,000 · paid last 24h −0.040%
Price spread now: Deribit against Pacifica−0.288%7-day average +0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$73as in the Price arb table
costs, in and out, $10k−$430.432% of the position
Funding, last 7 days−0.193%−$19 on $10k
+Price spread, last 3 days (all we have)+0.416%+$42 · spread now −0.288%, 7d avg +0.009%
=Together, before fees+0.223%+ Points / potential airdropPacifica: Active · farm board+$22 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Deribit is 0.297% cheaper against Pacifica than usual: you would sell low and buy high (−$30 if the spread goes back to its 7-day average of +0.009%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica WLD | 0.4674 | 0.0100 | pay 0.0013% / 1h | 4m 40s | $51K | $513K | 5x |
| Short | Deribit WLD_USDC-PERPETUAL | 0.4661 | 0 | get 0.0000% / 1h | 4m 40s | $121K | $918K | 25x |
Pacifica WLD
Deribit WLD_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Pacifica. 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
- −$21
- Price spread: −0.288% → +0.009%
- −$29.66
- Slippage, 4 orders
- −$28.19
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$93.85
- Costs to cover
- 0.432%
- Break-even
- never at this rate
Slippage from Pacifica: live order book, 64 min ago; Deribit: live order book, 64 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 Pacifica live order book, 64 min ago | 2.12 bp | 14.9 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
| Sell Deribit live order book, 64 min ago | 5.29 bp | 8.8 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
WLD on 37 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective WLD/USDC PERP | −0.0235% | 1h | 0.4666 | −0.181% | $6K | $185K | 5.5x | as long as short |
| Kalshi KXWLDPERP | −0.0139% | 8h | 0.4670 | −0.095% | $71K | $4.5M | 1.7x | as long as short |
| KuCoin WLDUSDTM | −0.0037% | 8h | 0.4669 | −0.117% | $7.1M | $11.5M | 50x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4670 | −0.091% | $166K | $26K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUALshort | 0.0000% | 1h | 0.4661 | −0.288% | $121K | $918K | 25x | |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4661 | −0.290% | $56K | — | 150x | as long as short |
| Nado WLD-PERP | +0.0008% | 1h | 0.4658 | −0.352% | $270K | $189K | 5x | as long as short |
| Orderly PERP_WLD_USDC | +0.0065% | 8h | 0.4661 | −0.288% | $28K | $895K | 10x | as long as short |
| Phoenix WLD | +0.0068% | 1h | 0.4662 | −0.271% | $5K | $54K | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4665 | −0.201% | $179K | $1.0M | 50x | as long as short |
Injective WLD/USDC PERP
Kalshi KXWLDPERP
KuCoin WLDUSDTM
dYdX WLD-USD
gTrade (Gains Network) WLD/USD
Nado WLD-PERP
Orderly PERP_WLD_USDC
Phoenix WLD
Aster WLDUSDTShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica WLDlong | +0.0100% | 1h | 0.4674 | long leg | $51K | $513K | 5x | |
| Binance WLDUSDT | +0.0100% | 8h | 0.4674 | −0.010% | $89.0M | $325.2M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4676 | +0.033% | $66.7M | $87.7M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4679 | +0.097% | $35.2M | $152.2M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4674 | −0.010% | $7.3M | $38.1M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4676 | +0.033% | $46.1M | $56.2M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4678 | +0.076% | $31.1M | $29.5M | 75x | as long as short |
| BingX WLD-USDT | +0.0100% | 8h | 0.4674 | −0.010% | — | $67.4M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4663 | −0.247% | $139K | $289K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4672 | −0.059% | $2.1M | $1.7M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4677 | +0.046% | $28K | $318K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4657 | −0.367% | $615K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4675 | +0.012% | $51K | $235K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4663 | −0.241% | $55K | $2.1M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4667 | −0.160% | $23K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4662 | −0.267% | $218 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4665 | −0.202% | $852K | $1.9M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4664 | −0.224% | $1.9M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4678 | +0.085% | $215K | $889K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4662 | −0.270% | $32K | $600 | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4660 | −0.305% | — | — | 20x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0230% / S −0.1268% | 1h | 0.4660 | −0.303% | $5K | — | 100x | as long as short |
| 01 Exchange WLDUSD | +0.0280% | 1h | 0.4677 | +0.059% | $335 | $80 | 5x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0456% | 1h | 0.4669 | −0.117% | $275K | $1.7M | 50x | as long as short |
| Hyperliquid WLD | +0.0551% | 1h | 0.4677 | +0.050% | $52.0M | $43.3M | 10x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0641% | 1h | 0.4667 | −0.155% | $905K | $2.9M | 50x | as long as short |
| Lighter WLD | +0.0872% | 1h | 0.4686 | +0.236% | $5.3M | $2.1M | 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
Phemex WLDUSDT
Extended WLD-USD
Aevo WLD-PERP
Reya WLDRUSDPERP
GMX WLD/USD [ETH-USDC]
01 Exchange WLDUSD
Coinbase International WLD-PERP-INTX
Hyperliquid WLD
Kraken Futures PF_WLDUSD
Lighter WLD