Funding you earn now, next payment 01:00 UTC+0.0229%/8h= +25.1% APRpaid last 24h −0.016%
Price spread now: Kraken Futures against SunX−0.422%7-day average −0.103% · you buy dearer than you sell
Net, funding: paid 7d − costs−$120as in the Funding arb table
Net, price: spread back to 7d avg − costs−$153as in the Price arb table
costs, in and out, $10k−$1211.212% of the position
Funding, last 7 days+0.008%+$1 on $10k
+Price spread, last 3 days (all we have)+0.278%+$28 · spread now −0.422%, 7d avg −0.103%
=Funding pays, the price is against you. Kraken Futures is 0.319% cheaper against SunX than usual: you would sell low and buy high (spread −0.422% now, against its 7-day average of −0.103%). If the spread goes back, that is −$32 on $10k: about 4.6 days of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.008% in total) that is about 10 months.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.008% in total (about 0.4% 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 | SunX WLD-USDT | 0.4598 | 0.0100 | pay 0.0100% / 8h | 7h 51m | $23K | $1.5M | 50x |
| Short | Kraken Futures PF_WLDUSD | 0.4579 | 0.0329 | get 0.0041% / 1h | 51m 37s | $902K | $2.7M | 50x |
SunX WLD-USDT
Kraken Futures PF_WLDUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against SunX. 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
- $48.12
- Price spread: −0.422% → −0.103%
- −$31.92
- Slippage, 4 orders
- −$103.22
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$105.02
- Costs to cover
- 1.212%
- Break-even
- 22.3 days
Slippage from SunX: live order book, 3 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 SunX live order book, 3 min ago | 29.38 bp | 39.3 bp −$39 | doesn't fit | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 2 min ago | 6.53 bp | 16.5 bp −$16 | 26.0 bp −$260 | 1021.9 bp −$102.2K | 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 | −0.0205% | 8h | 0.4588 | −0.217% | $63K | $3.9M | 1.7x | as long as short |
| Gate WLD_USDT | −0.0065% | 8h | 0.4579 | −0.413% | $7.5M | $35.0M | 75x | as long as short |
| KuCoin WLDUSDTM | −0.0005% | 8h | 0.4577 | −0.457% | $6.9M | $11.0M | 50x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4581 | −0.364% | $163K | $13K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4582 | −0.348% | $123K | $893K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4593 | −0.105% | $56K | — | 150x | as long as short |
| Nado WLD-PERP | +0.0011% | 1h | 0.4580 | −0.386% | $276K | $169K | 5x | as long as short |
| Injective WLD/USDC PERP | +0.0038% | 1h | 0.4597 | −0.022% | $6K | $185K | 5.5x | as long as short |
| Orderly PERP_WLD_USDC | +0.0041% | 8h | 0.4581 | −0.370% | $28K | $904K | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0070% | 1h | 0.4594 | −0.087% | $54K | $229K | 50x | as long as short |
Kalshi KXWLDPERP
Gate WLD_USDT
KuCoin WLDUSDTM
dYdX WLD-USD
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
Nado WLD-PERP
Injective WLD/USDC PERP
Orderly PERP_WLD_USDC
ApeX Omni WLDUSDTShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster WLDUSDT | +0.0100% | 8h | 0.4583 | −0.324% | $192K | $984K | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4581 | −0.362% | $54K | $487K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4580 | −0.391% | $86.5M | $303.7M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4580 | −0.391% | $65.7M | $82.6M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4580 | −0.391% | $34.2M | $143.3M | 50x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4580 | −0.391% | $46.4M | $53.1M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4578 | −0.435% | $30.3M | $26.1M | 75x | as long as short |
| BingX WLD-USDC | +0.0100% | 8h | 0.4580 | −0.391% | — | $1.3M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4580 | −0.396% | $136K | $281K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4593 | −0.111% | $2.0M | $1.7M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4590 | −0.168% | $27K | $317K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4597 | −0.022% | $610K | $1.9M | 10x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4594 | −0.080% | $49K | $1.6M | 10x | as long as short |
| SunX WLD-USDTlong | +0.0100% | 8h | 0.4598 | long leg | $23K | $1.5M | 50x | |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4578 | −0.435% | $215 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4577 | −0.457% | $852K | $1.8M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4578 | −0.435% | $1.8M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4578 | −0.445% | $231K | $847K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4580 | −0.384% | $31K | $600 | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4591 | −0.157% | — | — | 20x | as long as short |
| Phoenix WLD | +0.0157% | 1h | 0.4583 | −0.322% | $5K | $53K | 10x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4592 | −0.130% | $4.9M | $823K | 75x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0229% / S −0.1268% | 1h | 0.4594 | −0.092% | $5K | — | 100x | as long as short |
| 01 Exchange WLDUSD | +0.0256% | 1h | 0.4581 | −0.365% | $328 | $77 | 5x | as long as short |
| Kraken Futures PF_WLDUSDshort | +0.0329% | 1h | 0.4579 | −0.422% | $902K | $2.7M | 50x | |
| Coinbase International WLD-PERP-INTX | +0.0448% | 1h | 0.4591 | −0.152% | $274K | $1.6M | 50x | as long as short |
| Hyperliquid WLD | +0.0731% | 1h | 0.4584 | −0.300% | $50.9M | $43.4M | 10x | as long as short |
| Lighter WLD | +0.1112% | 1h | 0.4590 | −0.181% | $5.2M | $2.0M | 10x | as long as short |
Aster WLDUSDT
Pacifica WLD
Binance WLDUSDT
Bybit WLDUSDT
OKX WLD-USDT-SWAP
MEXC WLD_USDT
Bitget WLDUSDT
BingX WLD-USDC
Backpack WLD_USDC_PERP
Variational Omni WLD
edgeX WLDUSDC
GRVT WLD_USDT_Perp
Polymarket Perps WLD-USD
SoDEX WLD-USD
HTX WLD-USDT
Phemex WLDUSDT
Extended WLD-USD
Aevo WLD-PERP
Reya WLDRUSDPERP
Phoenix WLD
BloFin WLD-USDT
GMX WLD/USD [ETH-USDC]
01 Exchange WLDUSD
Coinbase International WLD-PERP-INTX
Hyperliquid WLD
Lighter WLD