Funding you earn now, next payment 09:00 UTC+0.0316%/8h= +34.6% APRpaid last 24h +0.087%
Price spread now: Coinbase International against BingX+0.134%7-day average — · you sell dearer than you buy
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$620.619% of the position
Funding, last 7 days+0.071%+$7 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Coinbase International is 0.134% dearer against BingX than usual: you sell high and buy low: +$13 more if the spread goes back to zero (this spread has no 7-day history yet).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.071% in total (about 3.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX WLD-USDT | 0.4489 | 0.0100 | pay 0.0100% / 8h | 6h 19m | — | $55.9M | — |
| Short | Coinbase International WLD-PERP-INTX | 0.4495 | 0.0416 | get 0.0052% / 1h | 19m 20s | $276K | $1.5M | 50x |
BingX WLD-USDT
Coinbase International WLD-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- $66.36
- Price spread: +0.134% → 0.000%
- $13.37
- Slippage, 4 orders
- −$41.9
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $17.82
- Costs to cover
- 0.619%
- Break-even
- 5.1 days
Slippage from BingX: live order book, 12 min ago; Coinbase International: 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 BingX live order book, 12 min ago | 1.12 bp | 7.7 bp −$8 | 9.8 bp −$98 | 18.5 bp −$1,845 | 99.6 bp −$49.8K |
| Sell Coinbase International live order book, 2 min ago | 4.44 bp | 17.4 bp −$17 | 21.0 bp −$210 | doesn't fit | doesn't fit |
WLD on 38 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Nado WLD-PERP | −0.0080% | 1h | 0.4491 | +0.033% | $236K | $172K | 5x | as long as short |
| Gate WLD_USDT | −0.0053% | 8h | 0.4491 | +0.045% | $7.0M | $32.7M | 75x | as long as short |
| Bybit WLDUSDT | −0.0026% | 8h | 0.4488 | −0.022% | $64.2M | $89.2M | 50x | as long as short |
| Kalshi KXWLDPERP | 0.0000% | 8h | 0.4494 | +0.111% | $62K | $4.5M | 1.7x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4492 | +0.067% | $109K | $1.1M | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4492 | +0.067% | $65K | — | 150x | as long as short |
| Injective WLD/USDC PERP | +0.0033% | 1h | 0.4477 | −0.267% | $6K | $185K | 5.5x | as long as short |
| 01 Exchange WLDUSD | +0.0056% | 1h | 0.4494 | +0.102% | $321 | $55 | 5x | as long as short |
| Lighter WLD | +0.0096% | 1h | 0.4494 | +0.105% | $4.9M | $3.0M | 10x | as long as short |
| Orderly PERP_WLD_USDC | +0.0096% | 8h | 0.4490 | +0.022% | $27K | $407K | 10x | as long as short |
Nado WLD-PERP
Gate WLD_USDT
Bybit WLDUSDT
Kalshi KXWLDPERP
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
Injective WLD/USDC PERP
01 Exchange WLDUSD
Lighter WLD
Orderly PERP_WLD_USDCShow all 38 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin WLDUSDTM | +0.0097% | 8h | 0.4490 | +0.022% | $6.6M | $11.2M | 50x | as long as short |
| Hyperliquid WLD | +0.0100% | 1h | 0.4497 | +0.172% | $49.9M | $42.2M | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4492 | +0.067% | $211K | $971K | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4492 | +0.059% | $58K | $536K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4491 | +0.045% | $85.4M | $329.0M | 75x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4490 | +0.022% | $34.0M | $147.3M | 50x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4490 | +0.022% | $41.0M | $56.9M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4490 | +0.022% | $29.6M | $30.8M | 75x | as long as short |
| BingX WLD-USDTlong | +0.0100% | 8h | 0.4489 | long leg | — | $55.9M | — | |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4491 | +0.053% | $130K | $277K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4491 | +0.035% | $2.1M | $1.4M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4497 | +0.180% | $27K | $322K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4502 | +0.298% | $592K | $2.2M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4498 | +0.200% | $59K | $242K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4486 | −0.067% | $49K | $2.6M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4496 | +0.156% | $22K | $1.5M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4490 | +0.022% | $232 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4492 | +0.067% | $823K | $1.2M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4493 | +0.089% | $1.7M | $3.6M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4488 | −0.031% | $212K | $792K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4492 | +0.069% | $30K | $500 | 3x | as long as short |
| Phoenix WLD | +0.0123% | 1h | 0.4495 | +0.125% | $4K | $43K | 10x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4490 | +0.024% | — | — | 20x | as long as short |
| dYdX WLD-USD | +0.0199% | 1h | 0.4492 | +0.058% | $153K | $31K | 10x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0203% | 1h | 0.4492 | +0.070% | $880K | $2.7M | 50x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0219% / S −0.0967% | 1h | 0.4493 | +0.081% | $4K | — | 100x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4496 | +0.156% | $4.7M | $974K | 75x | as long as short |
| Coinbase International WLD-PERP-INTXshort | +0.0416% | 1h | 0.4495 | +0.134% | $276K | $1.5M | 50x |
KuCoin WLDUSDTM
Hyperliquid WLD
Aster WLDUSDT
Pacifica WLD
Binance WLDUSDT
OKX WLD-USDT-SWAP
MEXC WLD_USDT
Bitget WLDUSDT
Backpack WLD_USDC_PERP
Variational Omni WLD
edgeX WLDUSDC
GRVT WLD_USDT_Perp
ApeX Omni WLDUSDT
Polymarket Perps WLD-USD
SunX WLD-USDT
SoDEX WLD-USD
HTX WLD-USDT
Phemex WLDUSDT
Extended WLD-USD
Aevo WLD-PERP
Phoenix WLD
Reya WLDRUSDPERP
dYdX WLD-USD
Kraken Futures PF_WLDUSD
GMX WLD/USD [ETH-USDC]
BloFin WLD-USDT