Funding you earn now, next payment 08:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.036%
Price spread now: Binance against BloFin−0.670%321s7-day average −0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$61as 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−$360.361% of the position
Funding, last 7 days−0.253%−$25 on $10k
+Price spread, last 3 days (all we have)+0.539%+$54 · spread now −0.670%, 7d avg −0.032%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Binance is 0.639% cheaper against BloFin than usual: you would sell low and buy high (−$64 if the spread goes back to its 7-day average of −0.032%). Swap the legs. The two prices were read 321 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 | BloFin WLD-USDT | 0.4719 | 0.0220 | pay 0.0220% / 8h | 6h 43m | $5.0M | $878K | 75x |
| Short | Binance WLDUSDT | 0.4687 | 0.0100 | get 0.0100% / 8h | 6h 43m | $89.5M | $320.2M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BloFin. 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: −0.670% → −0.032%
- −$63.9
- Slippage, 4 orders
- −$14.1
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$125.2
- Costs to cover
- 0.361%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 5 min ago; Binance: live order book, 15 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 BloFin live order book, 5 min ago | 1.07 bp | 12.5 bp −$13 | 19.1 bp −$191 | 52.2 bp −$5,216 | 145.7 bp −$72.9K |
| Sell Binance live order book, 15 min ago | 1.07 bp | 10.4 bp −$10 | 21.1 bp −$211 | 62.1 bp −$6,208 | 180.3 bp −$90.1K |
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 | −0.932% | $6K | $185K | 5.5x | as long as short |
| Kalshi KXWLDPERP | −0.0156% | 8h | 0.4672 | −0.996% | $28K | $4.2M | 1.7x | as long as short |
| KuCoin WLDUSDTM | −0.0038% | 8h | 0.4682 | −0.784% | $7.0M | $11.4M | 50x | as long as short |
| Nado WLD-PERP | −0.0001% | 1h | 0.4673 | −0.969% | $271K | $178K | 5x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4665 | −1.143% | $159K | $19K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4675 | −0.932% | $131K | $909K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4673 | −0.978% | $67K | — | 150x | as long as short |
| ApeX Omni WLDUSDT | +0.0029% | 1h | 0.4699 | −0.424% | $51K | $241K | 50x | as long as short |
| Orderly PERP_WLD_USDC | +0.0054% | 8h | 0.4674 | −0.954% | $28K | $898K | 10x | as long as short |
| Phoenix WLD | +0.0068% | 1h | 0.4686 | −0.701% | $5K | $54K | 10x | as long as short |
Show all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster WLDUSDT | +0.0100% | 8h | 0.4676 | −0.911% | $179K | $1.0M | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4667 | −1.100% | $56K | $493K | 5x | as long as short |
| Binance WLDUSDTshort | +0.0100% | 8h | 0.4687 | −0.670% | $89.5M | $320.2M | 75x | |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4685 | −0.720% | $67.3M | $86.0M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4688 | −0.657% | $35.5M | $152.0M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4684 | −0.742% | $7.4M | $36.8M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4685 | −0.720% | $47.8M | $54.7M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4688 | −0.657% | $31.3M | $28.5M | 75x | as long as short |
| BingX WLD-USDC | +0.0100% | 8h | 0.4684 | −0.742% | — | $1.3M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4683 | −0.765% | $140K | $288K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4677 | −0.895% | $2.1M | $1.7M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4700 | −0.412% | $28K | $319K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4719 | 0.000% | $625K | $1.9M | 10x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4679 | −0.848% | $85K | $2.0M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4679 | −0.848% | $23K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4675 | −0.932% | $226 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4673 | −0.975% | $885K | $1.9M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4676 | −0.911% | $1.9M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4685 | −0.714% | $215K | $889K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4677 | −0.899% | $32K | $600 | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4671 | −1.022% | — | — | 20x | as long as short |
| BloFin WLD-USDTlong | +0.0220% | 8h | 0.4719 | long leg | $5.0M | $878K | 75x | |
| GMX WLD/USD [ETH-USDC] | L +0.0239% / S −0.1538% | 1h | 0.4669 | −1.057% | $6K | — | 100x | as long as short |
| 01 Exchange WLDUSD | +0.0312% | 1h | 0.4680 | −0.818% | $335 | $77 | 5x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0456% | 1h | 0.4686 | −0.699% | $277K | $1.7M | 50x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0640% | 1h | 0.4679 | −0.857% | $928K | $2.8M | 50x | as long as short |
| Hyperliquid WLD | +0.0712% | 1h | 0.4695 | −0.504% | $52.5M | $44.6M | 10x | as long as short |
| Lighter WLD | +0.0912% | 1h | 0.4687 | −0.689% | $5.3M | $2.1M | 10x | as long as short |
BloFin WLD-USDT
Binance WLDUSDT
Injective WLD/USDC PERP
Kalshi KXWLDPERP
KuCoin WLDUSDTM
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
ApeX Omni WLDUSDT
Phoenix WLD
Aster WLDUSDT
Pacifica WLD
Bybit WLDUSDT
OKX WLD-USDT-SWAP
Gate WLD_USDT
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
Kraken Futures PF_WLDUSD
Hyperliquid WLD
Lighter WLD