Settings8H · net · $10k
Funding arb · Price arb /

WLD

all WLD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0544%/8h= +59.6% APRnext payment +$0.68 per $10,000 · paid last 24h −0.006%
Price spread now: Kraken Futures against ApeX Omni−0.876%7-day average 0.000% · you buy dearer than you sell
Net, funding: paid 7d − costs−$67as in the Funding arb table
Net, price: spread back to 7d avg − costs−$157as in the Price arb table
costs, in and out, $10k−$690.692% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.020%+$2 on $10k
Price spread, last 3 days (all we have)+1.030%+$103 · spread now −0.876%, 7d avg 0.000%
Together, before fees+1.050%+$105 on $10k · with fees, hour by hour
Funding pays, the price is against you. Kraken Futures is 0.877% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.876% now, against its 7-day average of 0.000%). If the spread goes back, that is −$88 on $10k: about 5.4 days of funding at the current rate (+$16 a day). At the pace of the last 7 days (+0.020% 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 0.020% in total (about 1.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.68 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni WLDUSDT0.46890.0100pay 0.0013% / 1h16m 44s$51K$235K50x
ShortKraken Futures PF_WLDUSD0.46480.0644get 0.0080% / 1h16m 44s$905K$2.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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

Funding earned
$114.22
Price spread: −0.876% → 0.000%
−$87.66
Slippage, 4 orders
−$49.24
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$42.69
Costs to cover
0.692%
Break-even
9.6 days
Slippage from ApeX Omni: live order book, 50 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
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 50 min ago5.31 bp13.3 bp −$1383.0 bp −$830doesn't fitdoesn't fit
Sell Kraken Futures live order book, 2 min ago10.72 bp24.2 bp −$2433.8 bp −$3381118.4 bp −$111.8Kdoesn't fit

WLD on 37 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective WLD/USDC PERP−0.0235%1h0.4666−0.491%$6K$185K5.5xas long as short
Kalshi KXWLDPERP−0.0144%8h0.4648−0.874%$65K$4.5M1.7xas long as short
KuCoin WLDUSDTM−0.0043%8h0.4646−0.917%$7.1M$11.6M50xas long as short
Nado WLD-PERP−0.0002%1h0.4647−0.896%$270K$189K5xas long as short
dYdX WLD-USD0.0000%1h0.4647−0.905%$165K$26K10xas long as short
Deribit WLD_USDC-PERPETUAL0.0000%1h0.4649−0.853%$120K$918K25xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4648−0.880%$56K150xas long as short
Gate WLD_USDT+0.0059%8h0.4646−0.917%$7.3M$37.9M75xas long as short
Orderly PERP_WLD_USDC+0.0060%8h0.4647−0.896%$28K$897K10xas long as short
Phoenix WLD+0.0068%1h0.4667−0.465%$5K$54K10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster WLDUSDT+0.0100%8h0.4649−0.845%$178K$1.0M50xas long as short
Pacifica WLD+0.0100%1h0.4658−0.657%$53K$511K5xas long as short
Binance WLDUSDT+0.0100%8h0.4646−0.919%$88.3M$326.4M75xas long as short
Bybit WLDUSDT+0.0100%8h0.4642−1.002%$66.1M$88.1M50xas long as short
OKX WLD-USDT-SWAP+0.0100%8h0.4642−1.002%$35.1M$152.1M50xas long as short
MEXC WLD_USDT+0.0100%8h0.4648−0.874%$45.8M$56.1M300xas long as short
Bitget WLDUSDT+0.0100%8h0.4650−0.832%$30.9M$29.6M75xas long as short
BingX WLD-USDC+0.0100%8h0.4649−0.853%$1.3Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4642−0.998%$140K$294K10xas long as short
Variational Omni WLD+0.0100%8h0.4664−0.541%$2.1M$1.7Mas long as short
edgeX WLDUSDC+0.0100%4h0.4680−0.191%$28K$318K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4691+0.043%$622K$1.9M10xas long as short
ApeX Omni WLDUSDTlong+0.0100%1h0.4689long leg$51K$235K50x
Polymarket Perps WLD-USD+0.0100%1h0.4650−0.823%$55K$2.1M10xas long as short
SunX WLD-USDT+0.0100%8h0.4654−0.746%$23K$1.6M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4645−0.938%$218$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4653−0.768%$881K$1.9M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4644−0.960%$1.9M$3.7M50xas long as short
Extended WLD-USD+0.0104%1h0.4646−0.922%$214K$889K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4649−0.847%$32K$6003xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4645−0.946%20xas long as short
GMX WLD/USD [ETH-USDC]L +0.0230% / S −0.1268%1h0.4648−0.880%$5K100xas long as short
01 Exchange WLDUSD+0.0264%1h0.4653−0.770%$333$775xas long as short
Coinbase International WLD-PERP-INTX+0.0456%1h0.4652−0.789%$274K$1.7M50xas long as short
Hyperliquid WLD+0.0547%1h0.4658−0.668%$51.8M$44.2M10xas long as short
Kraken Futures PF_WLDUSDshort+0.0644%1h0.4648−0.876%$905K$2.9M50x
Lighter WLD+0.0864%1h0.4656−0.704%$5.3M$2.1M10xas long as short