Funding you earn now, next payment 11:00 UTC−0.0293%/8h= −32.0% APRnext payment −$0.37 per $10,000 · paid last 24h +0.079%
Price spread now: Kraken Futures against Pacifica+0.014%7-day average +0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$550.553% of the position
Funding, last 7 days+0.117%+$12 on $10k
+Price spread, last 4 days (all we have)+0.201%+$20 · spread now +0.014%, 7d avg +0.018%
=Together, before fees+0.318%+ Points / potential airdropPacifica: Active · farm board+$32 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.018%, so right now this pair is about funding alone: −$9 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.117%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.117% in total (about 6.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.37 per $10,000. 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 | Pacifica WLD | 0.4478 | 0.0100 | pay 0.0013% / 1h | 7m 28s | $64K | $512K | 5x |
| Short | Kraken Futures PF_WLDUSD | 0.4479 | −0.0193 | pay 0.0024% / 1h | 7m 28s | $840K | $2.6M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- −$61.46
- Price spread: +0.014% → +0.018%
- −$0.38
- Slippage, 4 orders
- −$37.29
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$117.13
- Costs to cover
- 0.553%
- Break-even
- never at this rate
Slippage from Pacifica: live order book, 39 min ago; Kraken Futures: live order book, 4 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, 39 min ago | 2.24 bp | 11.1 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 4 min ago | 6.70 bp | 17.9 bp −$18 | 31.5 bp −$315 | 1032.8 bp −$103.3K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps WLD-USD | −0.0359% | 1h | 0.4475 | −0.069% | $41K | $2.7M | 10x | as long as short |
| Kraken Futures PF_WLDUSDshort | −0.0193% | 1h | 0.4479 | +0.014% | $840K | $2.6M | 50x | |
| Bybit WLDUSDT | −0.0143% | 8h | 0.4476 | −0.049% | $63.8M | $85.0M | 50x | as long as short |
| Nado WLD-PERP | −0.0118% | 1h | 0.4475 | −0.060% | $234K | $157K | 5x | as long as short |
| Gate WLD_USDT | −0.0079% | 8h | 0.4477 | −0.027% | $7.0M | $31.8M | 75x | as long as short |
| 01 Exchange WLDUSD | −0.0048% | 1h | 0.4480 | +0.034% | $320 | $55 | 5x | as long as short |
| Kalshi KXWLDPERP | 0.0000% | 8h | 0.4476 | −0.049% | $59K | $4.2M | 1.7x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4479 | +0.018% | $101K | $1.1M | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4479 | +0.018% | $65K | — | 150x | as long as short |
| dYdX WLD-USD | +0.0004% | 1h | 0.4479 | +0.024% | $153K | $31K | 10x | as long as short |
Show all 38 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective WLD/USDC PERP | +0.0007% | 1h | 0.4477 | −0.027% | $6K | $185K | 5.5x | as long as short |
| Variational Omni WLD | +0.0019% | 8h | 0.4465 | −0.286% | $2.1M | $1.4M | — | as long as short |
| KuCoin WLDUSDTM | +0.0022% | 8h | 0.4477 | −0.027% | $6.8M | $10.2M | 50x | as long as short |
| Phoenix WLD | +0.0053% | 1h | 0.4480 | +0.036% | $4K | $40K | 10x | as long as short |
| Orderly PERP_WLD_USDC | +0.0084% | 8h | 0.4477 | −0.027% | $27K | $254K | 10x | as long as short |
| Lighter WLD | +0.0096% | 1h | 0.4484 | +0.121% | $4.9M | $3.0M | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4479 | +0.020% | $219K | $904K | 50x | as long as short |
| Pacifica WLDlong | +0.0100% | 1h | 0.4478 | long leg | $64K | $512K | 5x | |
| Binance WLDUSDT | +0.0100% | 8h | 0.4477 | −0.027% | $84.7M | $313.3M | 75x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4475 | −0.071% | $34.3M | $142.3M | 50x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4476 | −0.049% | $42.3M | $56.1M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4476 | −0.049% | $29.3M | $28.6M | 75x | as long as short |
| BingX WLD-USDT | +0.0100% | 8h | 0.4476 | −0.049% | — | $55.4M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4478 | −0.002% | $126K | $272K | 10x | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4475 | −0.063% | $27K | $321K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4480 | +0.040% | $600K | $2.3M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4478 | −0.004% | $48K | $249K | 50x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4483 | +0.107% | $22K | $1.4M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4478 | −0.004% | $232 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4479 | +0.018% | $821K | $1.1M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4477 | −0.027% | $1.7M | $3.5M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4473 | −0.114% | $211K | $651K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4479 | +0.027% | $30K | $500 | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4475 | −0.075% | — | — | 20x | as long as short |
| Hyperliquid WLD | +0.0145% | 1h | 0.4486 | +0.165% | $50.5M | $28.4M | 10x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0218% / S −0.0967% | 1h | 0.4472 | −0.147% | $4K | — | 100x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4477 | −0.027% | $4.7M | $907K | 75x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0344% | 1h | 0.4484 | +0.130% | $272K | $975K | 50x | as long as short |
Pacifica WLD
Kraken Futures PF_WLDUSD
Polymarket Perps WLD-USD
Bybit WLDUSDT
Gate WLD_USDT
01 Exchange WLDUSD
Kalshi KXWLDPERP
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
Injective WLD/USDC PERP
Variational Omni WLD
KuCoin WLDUSDTM
Phoenix WLD
Lighter WLD
Aster WLDUSDT
Binance WLDUSDT
OKX WLD-USDT-SWAP
MEXC WLD_USDT
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
Hyperliquid WLD
GMX WLD/USD [ETH-USDC]
BloFin WLD-USDT
Coinbase International WLD-PERP-INTX