Settings8H · net · $10k
Funding arb · Price arb /

WLD

all WLD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0276%/8h= +30.2% APRpaid last 24h +0.018%
Price spread now: Kraken Futures against BloFin−0.017%7-day average +0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$560.559% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.076%−$8 on $10k
Price spread, last 4 days (all we have)+0.032%+$3 · spread now −0.017%, 7d avg +0.033%
Together, before fees−0.044%−$4 on $10k · with fees, hour by hour
Funding pays, the price is against you. Kraken Futures is 0.049% cheaper against BloFin than usual: you would sell low and buy high (spread −0.017% now, against its 7-day average of +0.033%). If the spread goes back, that is −$5 on $10k: about 14 hours of funding at the current rate (+$8 a day). Mind the row above: over the last 7 days funding on this pair cost −0.076%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.076% in total (about -3.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin WLD-USDT0.45730.0220pay 0.0220% / 8h2h 05m$4.8M$923K75x
ShortKraken Futures PF_WLDUSD0.45720.0496get 0.0062% / 1h5m 01s$865K$2.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against BloFin. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$57.89
Price spread: −0.017% → +0.033%
−$4.94
Slippage, 4 orders
−$33.91
Fee BloFin: 6 bp × 2 orders
−$12
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$2.96
Costs to cover
0.559%
Break-even
7.4 days
Slippage from BloFin: live order book, 4 min ago; Kraken Futures: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 4 min ago3.28 bp12.0 bp −$1217.1 bp −$17132.9 bp −$3,285120.2 bp −$60.1K
Sell Kraken Futures live order book, 4 min ago4.38 bp17.7 bp −$1827.3 bp −$2731027.2 bp −$102.7Kdoesn't fit

WLD on 38 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado WLD-PERP−0.0034%1h0.4575+0.033%$241K$170K5xas long as short
dYdX WLD-USD0.0000%1h0.4579+0.125%$156K$33K10xas long as short
Kalshi KXWLDPERP0.0000%8h0.45730.000%$54K$4.8M1.7xas long as short
Deribit WLD_USDC-PERPETUAL0.0000%1h0.4572−0.022%$152K$1.0M25xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4574+0.017%$66K150xas long as short
KuCoin WLDUSDTM+0.0067%8h0.4572−0.022%$6.8M$11.9M50xas long as short
01 Exchange WLDUSD+0.0072%1h0.4575+0.042%$327$555xas long as short
Orderly PERP_WLD_USDC+0.0099%8h0.45730.000%$27K$791K10xas long as short
Aster WLDUSDT+0.0100%8h0.4575+0.043%$228K$1.1M50xas long as short
Pacifica WLD+0.0100%1h0.4579+0.132%$51K$538K5xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance WLDUSDT+0.0100%8h0.4571−0.049%$87.1M$339.2M75xas long as short
Bybit WLDUSDT+0.0100%8h0.4569−0.087%$65.2M$91.7M50xas long as short
OKX WLD-USDT-SWAP+0.0100%8h0.4569−0.087%$34.7M$156.4M50xas long as short
Gate WLD_USDT+0.0100%8h0.4571−0.044%$7.2M$37.9M75xas long as short
MEXC WLD_USDT+0.0100%8h0.4570−0.066%$40.4M$56.9M300xas long as short
Bitget WLDUSDT+0.0100%8h0.4572−0.022%$30.3M$31.3M75xas long as short
BingX WLD-USDC+0.0100%8h0.4569−0.087%$1.3Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4572−0.020%$133K$300K10xas long as short
Variational Omni WLD+0.0100%8h0.4579+0.125%$2.1M$1.7Mas long as short
edgeX WLDUSDC+0.0100%4h0.4574+0.014%$27K$320K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4582+0.197%$604K$2.0M10xas long as short
ApeX Omni WLDUSDT+0.0100%1h0.4577+0.087%$49K$240K50xas long as short
Polymarket Perps WLD-USD+0.0100%1h0.4572−0.011%$47K$2.4M10xas long as short
SunX WLD-USDT+0.0100%8h0.4584+0.241%$23K$1.6M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4571−0.044%$215$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4572−0.022%$836K$1.7M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4570−0.066%$1.8M$3.7M50xas long as short
Extended WLD-USD+0.0104%1h0.4570−0.061%$211K$1.0M10xas long as short
Aevo WLD-PERP+0.0104%1h0.4572−0.033%$31K$5003xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4572−0.016%20xas long as short
Phoenix WLD+0.0142%1h0.4578+0.105%$5K$52K10xas long as short
Lighter WLD+0.0168%1h0.4577+0.090%$4.9M$2.9M10xas long as short
Injective WLD/USDC PERP+0.0176%1h0.4544−0.634%$6K$185K5.5xas long as short
GMX WLD/USD [ETH-USDC]L +0.0219% / S −0.0967%1h0.4574+0.014%$4K100xas long as short
BloFin WLD-USDTlong+0.0220%8h0.4573long leg$4.8M$923K75x
Hyperliquid WLD+0.0355%1h0.4578+0.112%$49.9M$44.6M10xas long as short
Kraken Futures PF_WLDUSDshort+0.0496%1h0.4572−0.017%$865K$2.9M50x
Coinbase International WLD-PERP-INTX+0.0536%1h0.4575+0.044%$276K$1.7M50xas long as short