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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni WLDUSDT | 0.4689 | 0.0100 | pay 0.0013% / 1h | 16m 44s | $51K | $235K | 50x |
| Short | Kraken Futures PF_WLDUSD | 0.4648 | 0.0644 | get 0.0080% / 1h | 16m 44s | $905K | $2.9M | 50x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy ApeX Omni live order book, 50 min ago | 5.31 bp | 13.3 bp −$13 | 83.0 bp −$830 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 2 min ago | 10.72 bp | 24.2 bp −$24 | 33.8 bp −$338 | 1118.4 bp −$111.8K | 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 | −0.491% | $6K | $185K | 5.5x | as long as short |
| Kalshi KXWLDPERP | −0.0144% | 8h | 0.4648 | −0.874% | $65K | $4.5M | 1.7x | as long as short |
| KuCoin WLDUSDTM | −0.0043% | 8h | 0.4646 | −0.917% | $7.1M | $11.6M | 50x | as long as short |
| Nado WLD-PERP | −0.0002% | 1h | 0.4647 | −0.896% | $270K | $189K | 5x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4647 | −0.905% | $165K | $26K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4649 | −0.853% | $120K | $918K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4648 | −0.880% | $56K | — | 150x | as long as short |
| Gate WLD_USDT | +0.0059% | 8h | 0.4646 | −0.917% | $7.3M | $37.9M | 75x | as long as short |
| Orderly PERP_WLD_USDC | +0.0060% | 8h | 0.4647 | −0.896% | $28K | $897K | 10x | as long as short |
| Phoenix WLD | +0.0068% | 1h | 0.4667 | −0.465% | $5K | $54K | 10x | as long as short |
Show all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster WLDUSDT | +0.0100% | 8h | 0.4649 | −0.845% | $178K | $1.0M | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4658 | −0.657% | $53K | $511K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4646 | −0.919% | $88.3M | $326.4M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4642 | −1.002% | $66.1M | $88.1M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4642 | −1.002% | $35.1M | $152.1M | 50x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4648 | −0.874% | $45.8M | $56.1M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4650 | −0.832% | $30.9M | $29.6M | 75x | as long as short |
| BingX WLD-USDC | +0.0100% | 8h | 0.4649 | −0.853% | — | $1.3M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4642 | −0.998% | $140K | $294K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4664 | −0.541% | $2.1M | $1.7M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4680 | −0.191% | $28K | $318K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4691 | +0.043% | $622K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDTlong | +0.0100% | 1h | 0.4689 | long leg | $51K | $235K | 50x | |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4650 | −0.823% | $55K | $2.1M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4654 | −0.746% | $23K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4645 | −0.938% | $218 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4653 | −0.768% | $881K | $1.9M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4644 | −0.960% | $1.9M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4646 | −0.922% | $214K | $889K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4649 | −0.847% | $32K | $600 | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4645 | −0.946% | — | — | 20x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0230% / S −0.1268% | 1h | 0.4648 | −0.880% | $5K | — | 100x | as long as short |
| 01 Exchange WLDUSD | +0.0264% | 1h | 0.4653 | −0.770% | $333 | $77 | 5x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0456% | 1h | 0.4652 | −0.789% | $274K | $1.7M | 50x | as long as short |
| Hyperliquid WLD | +0.0547% | 1h | 0.4658 | −0.668% | $51.8M | $44.2M | 10x | as long as short |
| Kraken Futures PF_WLDUSDshort | +0.0644% | 1h | 0.4648 | −0.876% | $905K | $2.9M | 50x | |
| Lighter WLD | +0.0864% | 1h | 0.4656 | −0.704% | $5.3M | $2.1M | 10x | as long as short |
ApeX Omni WLDUSDT
Kraken Futures PF_WLDUSD
Injective WLD/USDC PERP
Kalshi KXWLDPERP
KuCoin WLDUSDTM
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
Gate WLD_USDT
Phoenix WLD
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
SunX WLD-USDT
SoDEX WLD-USD
HTX WLD-USDT
Phemex WLDUSDT
Extended WLD-USD
GMX WLD/USD [ETH-USDC]
01 Exchange WLDUSD
Coinbase International WLD-PERP-INTX
Hyperliquid WLD
Lighter WLD