Funding you earn now, next payment 16:00 UTC−0.0197%/8h= −21.6% APRnext payment −$1.97 per $10,000 · paid last 24h −0.020%
Price spread now: Bybit against Bitget−0.088%7-day average +0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$400.398% of the position
Funding, last 7 days−0.064%−$6 on $10k
+Price spread, last 7 days+0.075%+$8 · spread now −0.088%, 7d avg +0.017%
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Bybit is 0.106% cheaper against Bitget than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.017%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.064% in total (about -3.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.97 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 | Bitget WLDUSDT | 0.4526 | 0.0100 | pay 0.0100% / 8h | 7h 58m | $29.9M | $31.0M | 75x |
| Short | Bybit WLDUSDT | 0.4522 | −0.0097 | pay 0.0097% / 8h | 7h 58m | $64.0M | $89.4M | 50x |
Bitget WLDUSDT
Bybit WLDUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Bitget. 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
- −$41.36
- Price spread: −0.088% → +0.017%
- −$10.56
- Slippage, 4 orders
- −$16.83
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$91.75
- Costs to cover
- 0.398%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 5 min ago; Bybit: 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 Bitget live order book, 5 min ago | 1.11 bp | 10.9 bp −$11 | 22.2 bp −$222 | 76.1 bp −$7,614 | doesn't fit |
| Sell Bybit live order book, 5 min ago | 1.11 bp | 10.1 bp −$10 | 19.7 bp −$197 | 109.4 bp −$10.9K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit WLDUSDTshort | −0.0097% | 8h | 0.4522 | −0.088% | $64.0M | $89.4M | 50x | |
| Nado WLD-PERP | −0.0050% | 1h | 0.4526 | 0.000% | $235K | $175K | 5x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4527 | +0.029% | $154K | $32K | 10x | as long as short |
| Kalshi KXWLDPERP | 0.0000% | 8h | 0.4519 | −0.155% | $46K | $4.6M | 1.7x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4522 | −0.088% | $119K | $1.0M | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4520 | −0.131% | $65K | — | 150x | as long as short |
| Orderly PERP_WLD_USDC | +0.0099% | 8h | 0.4521 | −0.110% | $27K | $637K | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4527 | +0.032% | $228K | $1.0M | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4528 | +0.050% | $54K | $543K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4526 | +0.011% | $86.8M | $333.3M | 75x | as long as short |
Nado WLD-PERP
dYdX WLD-USD
Kalshi KXWLDPERP
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
Orderly PERP_WLD_USDC
Aster WLDUSDT
Pacifica WLD
Binance WLDUSDTShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4523 | −0.066% | $34.3M | $150.3M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4526 | 0.000% | $7.1M | $34.4M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4527 | +0.022% | $42.2M | $55.4M | 300x | as long as short |
| KuCoin WLDUSDTM | +0.0100% | 8h | 0.4526 | 0.000% | $6.7M | $11.6M | 50x | as long as short |
| Bitget WLDUSDTlong | +0.0100% | 8h | 0.4526 | long leg | $29.9M | $31.0M | 75x | |
| BingX WLD-USDT | +0.0100% | 8h | 0.4525 | −0.022% | — | $20.1M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4524 | −0.035% | $132K | $298K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4521 | −0.113% | $2.1M | $1.5M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4513 | −0.285% | $27K | $321K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4525 | −0.020% | $599K | $2.1M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4515 | −0.243% | $48K | $238K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4518 | −0.166% | $49K | $2.7M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4526 | 0.000% | $23K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4522 | −0.088% | $220 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4519 | −0.155% | $827K | $1.5M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4523 | −0.066% | $1.7M | $3.6M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4524 | −0.048% | $208K | $878K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4524 | −0.051% | $31K | $500 | 3x | as long as short |
| Injective WLD/USDC PERP | +0.0109% | 1h | 0.4508 | −0.398% | $6K | $185K | 5.5x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4520 | −0.124% | — | — | 20x | as long as short |
| Phoenix WLD | +0.0177% | 1h | 0.4522 | −0.095% | $4K | $42K | 10x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0219% / S −0.0967% | 1h | 0.4520 | −0.128% | $4K | — | 100x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4524 | −0.044% | $4.4M | $898K | 75x | as long as short |
| 01 Exchange WLDUSD | +0.0240% | 1h | 0.4529 | +0.075% | $324 | $55 | 5x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0303% | 1h | 0.4524 | −0.049% | $870K | $2.8M | 50x | as long as short |
| Lighter WLD | +0.0312% | 1h | 0.4532 | +0.128% | $4.9M | $2.9M | 10x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0440% | 1h | 0.4524 | −0.044% | $269K | $1.6M | 50x | as long as short |
| Hyperliquid WLD | +0.0474% | 1h | 0.4533 | +0.159% | $50.4M | $43.0M | 10x | as long as short |
OKX WLD-USDT-SWAP
Gate WLD_USDT
MEXC WLD_USDT
KuCoin WLDUSDTM
BingX WLD-USDT
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
Injective WLD/USDC PERP
Reya WLDRUSDPERP
Phoenix WLD
GMX WLD/USD [ETH-USDC]
BloFin WLD-USDT
01 Exchange WLDUSD
Kraken Futures PF_WLDUSD
Lighter WLD
Coinbase International WLD-PERP-INTX
Hyperliquid WLD