Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.026%
Price spread now: BloFin against BingX+0.833%336s7-day average +0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$35as 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−$510.508% of the position
Funding, last 7 days+0.157%+$16 on $10k
+Price spread, last 3 days (all we have)−0.710%−$71 · spread now +0.833%, 7d avg +0.038%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.795% dearer against BingX than usual: you sell high and buy low: +$80 more if the spread goes back to its 7-day average of +0.038%. The two prices were read 336 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX WLD-USDC | 0.4680 | 0.0100 | pay 0.0100% / 8h | 6h 43m | — | $1.3M | — |
| Short | BloFin WLD-USDT | 0.4719 | 0.0220 | get 0.0220% / 8h | 6h 43m | $5.0M | $878K | 75x |
BingX WLD-USDC
BloFin WLD-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against BingX. 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
- $25.2
- Price spread: +0.833% → +0.038%
- $79.55
- Slippage, 4 orders
- −$28.84
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $53.91
- Costs to cover
- 0.508%
- Break-even
- from the start
Slippage from BingX: live order book, 2 min ago; BloFin: live order book, 5 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 BingX live order book, 2 min ago | 2.14 bp | 17.8 bp −$18 | 84.6 bp −$846 | 501.0 bp −$50.1K | 793.4 bp −$396.7K |
| Sell BloFin live order book, 5 min ago | 1.07 bp | 7.1 bp −$7 | 11.4 bp −$114 | 38.0 bp −$3,796 | 112.6 bp −$56.3K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Injective WLD/USDC PERP | −0.0235% | 1h | 0.4675 | −0.107% | $6K | $185K | 5.5x | as long as short |
| Kalshi KXWLDPERP | −0.0156% | 8h | 0.4672 | −0.171% | $28K | $4.2M | 1.7x | as long as short |
| KuCoin WLDUSDTM | −0.0039% | 8h | 0.4682 | +0.043% | $7.0M | $11.4M | 50x | as long as short |
| Nado WLD-PERP | −0.0006% | 1h | 0.4680 | 0.000% | $272K | $178K | 5x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4688 | +0.177% | $160K | $19K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4675 | −0.107% | $131K | $909K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0002% | 1h | 0.4673 | −0.153% | $68K | — | 150x | as long as short |
| ApeX Omni WLDUSDT | +0.0029% | 1h | 0.4699 | +0.406% | $51K | $241K | 50x | as long as short |
| Orderly PERP_WLD_USDC | +0.0054% | 8h | 0.4674 | −0.128% | $28K | $898K | 10x | as long as short |
| Phoenix WLD | +0.0068% | 1h | 0.4686 | +0.126% | $5K | $54K | 10x | as long as short |
Injective WLD/USDC PERP
Kalshi KXWLDPERP
KuCoin WLDUSDTM
Nado WLD-PERP
dYdX WLD-USD
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
ApeX Omni WLDUSDT
Orderly PERP_WLD_USDC
Phoenix WLDShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster WLDUSDT | +0.0100% | 8h | 0.4686 | +0.134% | $179K | $1.0M | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4684 | +0.091% | $56K | $493K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4684 | +0.085% | $89.5M | $320.3M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4679 | −0.021% | $67.2M | $86.0M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4680 | 0.000% | $35.4M | $151.8M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4681 | +0.021% | $7.4M | $36.8M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4679 | −0.021% | $47.7M | $54.8M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4679 | −0.021% | $31.2M | $28.6M | 75x | as long as short |
| BingX WLD-USDClong | +0.0100% | 8h | 0.4680 | long leg | — | $1.3M | — | |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4683 | +0.062% | $140K | $288K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4677 | −0.069% | $2.1M | $1.7M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4700 | +0.418% | $28K | $319K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4683 | +0.065% | $620K | $1.9M | 10x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4683 | +0.066% | $57K | $2.0M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4679 | −0.021% | $23K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4675 | −0.107% | $226 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4673 | −0.150% | $885K | $1.9M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4676 | −0.085% | $1.9M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4682 | +0.039% | $215K | $889K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4677 | −0.073% | $32K | $600 | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4676 | −0.079% | — | — | 20x | as long as short |
| BloFin WLD-USDTshort | +0.0220% | 8h | 0.4719 | +0.833% | $5.0M | $878K | 75x | |
| GMX WLD/USD [ETH-USDC] | L +0.0239% / S −0.1538% | 1h | 0.4669 | −0.233% | $6K | — | 100x | as long as short |
| 01 Exchange WLDUSD | +0.0312% | 1h | 0.4690 | +0.214% | $336 | $77 | 5x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0456% | 1h | 0.4686 | +0.128% | $277K | $1.7M | 50x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0640% | 1h | 0.4679 | −0.031% | $928K | $2.8M | 50x | as long as short |
| Hyperliquid WLD | +0.0688% | 1h | 0.4686 | +0.120% | $52.4M | $44.6M | 10x | as long as short |
| Lighter WLD | +0.0912% | 1h | 0.4692 | +0.248% | $5.3M | $2.1M | 10x | as long as short |
Aster WLDUSDT
Pacifica WLD
Binance WLDUSDT
Bybit WLDUSDT
OKX WLD-USDT-SWAP
Gate WLD_USDT
MEXC WLD_USDT
Bitget WLDUSDT
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
Aevo WLD-PERP
Reya WLDRUSDPERP
GMX WLD/USD [ETH-USDC]
01 Exchange WLDUSD
Coinbase International WLD-PERP-INTX
Kraken Futures PF_WLDUSD
Hyperliquid WLD
Lighter WLD