Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.047%
Price spread now: BloFin against Bybit+0.371%92s7-day average +0.055% · you sell dearer than you buy
Net, funding: paid 7d − costs−$21as 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−$460.458% of the position
Funding, last 7 days+0.249%+$25 on $10k
+Price spread, last 4 days (all we have)+0.488%+$49 · spread now +0.371%, 7d avg +0.055%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.317% dearer against Bybit than usual: you sell high and buy low: +$32 more if the spread goes back to its 7-day average of +0.055%. The two prices were read 92 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 | Bybit WLDUSDT | 0.4577 | 0.0100 | pay 0.0100% / 8h | 5h 07m | $65.5M | $88.6M | 50x |
| Short | BloFin WLD-USDT | 0.4594 | 0.0220 | get 0.0220% / 8h | 5h 07m | $5.0M | $801K | 75x |
Bybit WLDUSDT
BloFin WLD-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bybit. 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: +0.371% → +0.055%
- $31.69
- Slippage, 4 orders
- −$22.83
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $11.06
- Costs to cover
- 0.458%
- Break-even
- 3.9 days
Slippage from Bybit: live order book, 1 min ago; BloFin: live order book, 6 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 Bybit live order book, 1 min ago | 1.09 bp | 10.5 bp −$11 | 20.7 bp −$207 | 112.1 bp −$11.2K | doesn't fit |
| Sell BloFin live order book, 6 min ago | 1.08 bp | 11.2 bp −$11 | 13.6 bp −$136 | 28.8 bp −$2,878 | 100.5 bp −$50.3K |
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 | −0.0119% | 8h | 0.4590 | +0.284% | $40K | $4.6M | 1.7x | as long as short |
| KuCoin WLDUSDTM | −0.0030% | 8h | 0.4577 | 0.000% | $7.0M | $11.6M | 50x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4578 | +0.024% | $163K | $26K | 10x | as long as short |
| Nado WLD-PERP | +0.0002% | 1h | 0.4585 | +0.164% | $242K | $204K | 5x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4589 | +0.258% | $55K | — | 150x | as long as short |
| 01 Exchange WLDUSD | +0.0048% | 1h | 0.4588 | +0.238% | $328 | $80 | 5x | as long as short |
| Orderly PERP_WLD_USDC | +0.0079% | 8h | 0.4586 | +0.197% | $28K | $890K | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4588 | +0.241% | $182K | $1.1M | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4580 | +0.062% | $49K | $522K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4578 | +0.022% | $87.1M | $327.5M | 75x | as long as short |
Kalshi KXWLDPERP
KuCoin WLDUSDTM
dYdX WLD-USD
Nado WLD-PERP
gTrade (Gains Network) WLD/USD
01 Exchange WLDUSD
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit WLDUSDTlong | +0.0100% | 8h | 0.4577 | long leg | $65.5M | $88.6M | 50x | |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4579 | +0.044% | $34.4M | $148.8M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4580 | +0.066% | $7.2M | $37.2M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4579 | +0.044% | $44.5M | $54.9M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4577 | 0.000% | $30.4M | $29.9M | 75x | as long as short |
| BingX WLD-USDC | +0.0100% | 8h | 0.4580 | +0.066% | — | $1.3M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4583 | +0.122% | $138K | $298K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4615 | +0.822% | $2.1M | $1.7M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4617 | +0.864% | $27K | $318K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4622 | +0.991% | $616K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4629 | +1.136% | $51K | $236K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4587 | +0.218% | $47K | $2.0M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4594 | +0.371% | $23K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4586 | +0.197% | $176 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4586 | +0.197% | $838K | $1.9M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4587 | +0.218% | $1.8M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4579 | +0.039% | $212K | $955K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4565 | −0.268% | $31K | $600 | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4584 | +0.157% | — | — | 20x | as long as short |
| Lighter WLD | +0.0144% | 1h | 0.4583 | +0.135% | $5.0M | $2.3M | 10x | as long as short |
| Phoenix WLD | +0.0172% | 1h | 0.4621 | +0.964% | $5K | $57K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | +0.0186% | 1h | 0.4589 | +0.262% | $115K | $923K | 25x | as long as short |
| BloFin WLD-USDTshort | +0.0220% | 8h | 0.4594 | +0.371% | $5.0M | $801K | 75x | |
| GMX WLD/USD [ETH-USDC] | L +0.0229% / S −0.1268% | 1h | 0.4588 | +0.235% | $5K | — | 100x | as long as short |
| Hyperliquid WLD | +0.0447% | 1h | 0.4584 | +0.153% | $50.3M | $43.1M | 10x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0480% | 1h | 0.4592 | +0.328% | $271K | $1.7M | 50x | as long as short |
| Injective WLD/USDC PERP | +0.0677% | 1h | 0.4636 | +1.289% | $6K | $185K | 5.5x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0902% | 1h | 0.4589 | +0.260% | $888K | $2.9M | 50x | as long as short |
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
ApeX Omni WLDUSDT
Polymarket Perps WLD-USD
SunX WLD-USDT
SoDEX WLD-USD
HTX WLD-USDT
Phemex WLDUSDT
Extended WLD-USD
Aevo WLD-PERP
Reya WLDRUSDPERP
Lighter WLD
Phoenix WLD
Deribit WLD_USDC-PERPETUAL
GMX WLD/USD [ETH-USDC]
Hyperliquid WLD
Coinbase International WLD-PERP-INTX
Injective WLD/USDC PERP
Kraken Futures PF_WLDUSD