WLD

Alert: funding

Alert: spread

Funding you earn now, next payment 21:00 UTC+0.0300%/8h= +32.8% APRnext payment +$0.37 per $10,000 · paid last 24h +0.035%

Price spread now: Coinbase International against ApeX Omni+0.333%75s7-day average +0.009% · you sell dearer than you buy

Net, funding: paid 7d − costs−$70as 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−$700.696% of the position

Long on ApeX Omni Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days−0.008%−$1 on $10k

Price spread, last 3 days (all we have)−0.095%−$9 · spread now +0.333%, 7d avg +0.009%

Together, before fees−0.103%−$10 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Coinbase International is 0.324% dearer against ApeX Omni than usual: you sell high and buy low: +$32 more if the spread goes back to its 7-day average of +0.009%. The two prices were read 75 seconds apart, so part of this spread may be the market moving, not a spread.

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; at this rate the next one is about +$0.37 per $10,000. 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	ApeX Omni WLDUSDT	0.4509	0.0100	pay 0.0013% / 1h	59m 47s	$54K	$227K	50x
Short	Coinbase International WLD-PERP-INTX	0.4524	0.0400	get 0.0050% / 1h	59m 47s	$278K	$1.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against ApeX Omni. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee ApeX OmnibpFee Coinbase InternationalbpOrdersPrice spread, now +0.333%Rate

Funding earned: $63
Price spread: +0.333% → +0.009%: $32.38
Slippage, 4 orders: −$49.59
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $25.79
Costs to cover: 0.696%
Break-even: 4.1 days

Slippage from ApeX Omni: live order book, 21 min ago; Coinbase International: 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 ApeX Omni live order book, 21 min ago	6.60 bp	14.6 bp −$15	100.4 bp −$1,004	doesn't fit	doesn't fit
Sell Coinbase International live order book, 4 min ago	3.32 bp	16.2 bp −$16	21.3 bp −$213	doesn't fit	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	−0.0486%	8h	0.4519	+0.222%	$45K	$3.8M	1.7x	as long as short
Orderly PERP_WLD_USDC	−0.0014%	8h	0.4518	+0.200%	$27K	$916K	10x	as long as short
KuCoin WLDUSDTM	−0.0003%	8h	0.4511	+0.044%	$7.0M	$10.7M	50x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4520	+0.239%	$154K	$6K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4519	+0.222%	$122K	$911K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4517	+0.189%	$56K	—	150x	as long as short
Variational Omni WLD	+0.0025%	8h	0.4516	+0.162%	$2.1M	$1.7M	—	as long as short
Nado WLD-PERP	+0.0041%	1h	0.4517	+0.189%	$271K	$169K	5x	as long as short
Phoenix WLD	+0.0052%	1h	0.4522	+0.279%	$5K	$52K	10x	as long as short
OKX WLD-USDT-SWAP	+0.0097%	8h	0.4510	+0.022%	$33.7M	$137.6M	50x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster WLDUSDT	+0.0100%	8h	0.4513	+0.078%	$211K	$976K	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4518	+0.200%	$51K	$481K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4511	+0.051%	$84.7M	$293.4M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4510	+0.022%	$64.2M	$80.5M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4511	+0.044%	$7.3M	$34.9M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4512	+0.067%	$51.8M	$49.3M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4510	+0.022%	$29.9M	$25.1M	75x	as long as short
BingX WLD-USDC	+0.0100%	8h	0.4510	+0.022%	—	$1.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4517	+0.184%	$128K	$270K	10x	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4518	+0.198%	$27K	$316K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4510	+0.028%	$605K	$1.9M	10x	as long as short
ApeX Omni WLDUSDTlong	+0.0100%	1h	0.4509	long leg	$54K	$227K	50x
Polymarket Perps WLD-USD	+0.0100%	1h	0.4517	+0.173%	$51K	$1.7M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4523	+0.310%	$22K	$1.5M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4517	+0.177%	$199	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4516	+0.155%	$852K	$1.8M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4519	+0.222%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4511	+0.043%	$132K	$745K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4520	+0.233%	$31K	$5K	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4516	+0.156%	—	—	20x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4519	+0.222%	$4.8M	$809K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0243% / S −0.2027%	1h	0.4517	+0.186%	$9K	—	100x	as long as short
01 Exchange WLDUSD	+0.0304%	1h	0.4520	+0.246%	$323	$77	5x	as long as short
Injective WLD/USDC PERP	+0.0374%	1h	0.4542	+0.732%	$6K	$185K	5.5x	as long as short
Coinbase International WLD-PERP-INTXshort	+0.0400%	1h	0.4524	+0.333%	$278K	$1.6M	50x
Lighter WLD	+0.0936%	1h	0.4523	+0.322%	$5.1M	$2.0M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.1104%	1h	0.4519	+0.216%	$919K	$2.6M	50x	as long as short
Hyperliquid WLD	+0.1295%	1h	0.4518	+0.197%	$46.8M	$41.6M	10x	as long as short