Funding you earn now, next payment 08:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.033%
Price spread now: Gate against BloFin−0.173%63s7-day average −0.041% · you buy dearer than you sell
Net, funding: paid 7d − costs−$97as 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−$700.697% of the position
Funding, last 7 days−0.271%−$27 on $10k
+Price spread, last 4 days (all we have)−0.686%−$69 · spread now −0.173%, 7d avg −0.041%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Gate is 0.133% cheaper against BloFin than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of −0.041%). Swap the legs. The two prices were read 63 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 | 0.4622 | 0.0220 | pay 0.0220% / 8h | 5h 12m | $5.0M | $803K | 75x |
| Short | Gate WLD_USDT | 0.4614 | 0.0100 | get 0.0100% / 8h | 5h 12m | $7.2M | $37.1M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: −0.173% → −0.041%
- −$13.25
- Slippage, 4 orders
- −$42.73
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$108.19
- Costs to cover
- 0.697%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 7 min ago; Gate: 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 BloFin live order book, 7 min ago | 10.79 bp | 16.9 bp −$17 | 22.9 bp −$229 | 66.1 bp −$6,605 | 175.7 bp −$87.9K |
| Sell Gate live order book, 2 min ago | 2.16 bp | 15.0 bp −$15 | 31.2 bp −$312 | 54.6 bp −$5,457 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kalshi KXWLDPERP | −0.0121% | 8h | 0.4625 | +0.065% | $46K | $4.6M | 1.7x | as long as short |
| KuCoin WLDUSDTM | −0.0024% | 8h | 0.4611 | −0.238% | $7.0M | $11.6M | 50x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4619 | −0.063% | $164K | $26K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4618 | −0.087% | $119K | $918K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4618 | −0.091% | $55K | — | 150x | as long as short |
| Nado WLD-PERP | +0.0008% | 1h | 0.4618 | −0.092% | $267K | $187K | 5x | as long as short |
| 01 Exchange WLDUSD | +0.0056% | 1h | 0.4617 | −0.117% | $330 | $80 | 5x | as long as short |
| Orderly PERP_WLD_USDC | +0.0077% | 8h | 0.4617 | −0.108% | $28K | $890K | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4623 | +0.025% | $174K | $1.1M | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4621 | −0.022% | $48K | $511K | 5x | as long as short |
Show all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance WLDUSDT | +0.0100% | 8h | 0.4613 | −0.185% | $87.7M | $326.5M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4613 | −0.195% | $66.0M | $88.4M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4613 | −0.195% | $34.9M | $149.3M | 50x | as long as short |
| Gate WLD_USDTshort | +0.0100% | 8h | 0.4614 | −0.173% | $7.2M | $37.1M | 75x | |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4613 | −0.195% | $45.6M | $54.7M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4613 | −0.195% | $30.7M | $29.7M | 75x | as long as short |
| BingX WLD-USDC | +0.0100% | 8h | 0.4613 | −0.195% | — | $1.3M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4614 | −0.177% | $134K | $293K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4639 | +0.359% | $2.2M | $1.7M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4634 | +0.266% | $27K | $319K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4635 | +0.273% | $618K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4633 | +0.238% | $51K | $236K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4617 | −0.113% | $54K | $2.0M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4623 | +0.022% | $23K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4616 | −0.130% | $172 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4615 | −0.151% | $844K | $1.9M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4616 | −0.130% | $1.8M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4615 | −0.145% | $213K | $929K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4618 | −0.087% | $31K | $600 | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4617 | −0.115% | — | — | 20x | as long as short |
| Phoenix WLD | +0.0172% | 1h | 0.4653 | +0.675% | $5K | $57K | 10x | as long as short |
| Lighter WLD | +0.0176% | 1h | 0.4620 | −0.052% | $5.0M | $2.3M | 10x | as long as short |
| BloFin WLD-USDTlong | +0.0220% | 8h | 0.4622 | long leg | $5.0M | $803K | 75x | |
| GMX WLD/USD [ETH-USDC] | L +0.0230% / S −0.1268% | 1h | 0.4619 | −0.069% | $5K | — | 100x | as long as short |
| Hyperliquid WLD | +0.0475% | 1h | 0.4620 | −0.039% | $51.4M | $42.7M | 10x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0480% | 1h | 0.4625 | +0.065% | $273K | $1.7M | 50x | as long as short |
| Injective WLD/USDC PERP | +0.0677% | 1h | 0.4636 | +0.303% | $6K | $185K | 5.5x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0896% | 1h | 0.4619 | −0.063% | $894K | $2.9M | 50x | as long as short |
BloFin WLD-USDT
Gate WLD_USDT
Kalshi KXWLDPERP
KuCoin WLDUSDTM
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
01 Exchange WLDUSD
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
ApeX Omni WLDUSDT
Polymarket Perps WLD-USD
SunX WLD-USDT
SoDEX WLD-USD
HTX WLD-USDT
Phemex WLDUSDT
Extended WLD-USD
Phoenix WLD
Lighter WLD
GMX WLD/USD [ETH-USDC]
Hyperliquid WLD
Coinbase International WLD-PERP-INTX
Injective WLD/USDC PERP
Kraken Futures PF_WLDUSD