Funding you earn now, next payment 03:00 UTC−0.0396%/8h= −43.4% APRpaid last 24h −0.063%
Price spread now: edgeX against Coinbase International−0.143%77s7-day average −0.093% · you buy dearer than you sell
Net, funding: paid 7d − costs−$62as 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−$600.598% of the position
Funding, last 7 days−0.022%−$2 on $10k
+Price spread, last 4 days (all we have)−0.172%−$17 · spread now −0.143%, 7d avg −0.093%
=Together, before fees−0.194%+ Points / potential airdropedgeX: Active · farm board−$19 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and edgeX is 0.050% cheaper against Coinbase International than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.093%). Swap the legs. The two prices were read 77 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.022% in total (about -1.1% 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International WLD-PERP-INTX | 0.4593 | 0.0496 | pay 0.0062% / 1h | 19m 38s | $269K | $1.7M | 50x |
| Short | edgeX WLDUSDC | 0.4586 | 0.0100 | get 0.0050% / 4h | 19m 38s | $27K | $319K | 20x |
Coinbase International WLD-PERP-INTX
edgeX WLDUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Coinbase International. 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
- −$83.16
- Price spread: −0.143% → −0.093%
- −$5.03
- Slippage, 4 orders
- −$40.77
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$147.96
- Costs to cover
- 0.598%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 4 min ago; edgeX: live order book, 39 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 Coinbase International live order book, 4 min ago | 8.71 bp | 19.0 bp −$19 | 25.0 bp −$250 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 39 min ago | 4.39 bp | 8.9 bp −$9 | 21.7 bp −$217 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Nado WLD-PERP | −0.0040% | 1h | 0.4581 | −0.272% | $243K | $205K | 5x | as long as short |
| KuCoin WLDUSDTM | −0.0009% | 8h | 0.4579 | −0.305% | $7.0M | $11.6M | 50x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4577 | −0.345% | $156K | $33K | 10x | as long as short |
| Kalshi KXWLDPERP | 0.0000% | 8h | 0.4579 | −0.305% | $46K | $4.6M | 1.7x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4580 | −0.283% | $118K | $942K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4579 | −0.298% | $66K | — | 150x | as long as short |
| Injective WLD/USDC PERP | +0.0014% | 1h | 0.4544 | −1.067% | $6K | $185K | 5.5x | as long as short |
| Orderly PERP_WLD_USDC | +0.0094% | 8h | 0.4578 | −0.327% | $28K | $886K | 10x | as long as short |
| Lighter WLD | +0.0096% | 1h | 0.4583 | −0.218% | $4.9M | $2.4M | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4583 | −0.219% | $211K | $1.1M | 50x | as long as short |
Nado WLD-PERP
KuCoin WLDUSDTM
dYdX WLD-USD
Kalshi KXWLDPERP
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
Injective WLD/USDC PERP
Orderly PERP_WLD_USDC
Lighter WLD
Aster WLDUSDTShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica WLD | +0.0100% | 1h | 0.4579 | −0.304% | $49K | $527K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4577 | −0.341% | $86.8M | $328.3M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4577 | −0.348% | $65.1M | $89.2M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4578 | −0.327% | $34.3M | $149.7M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4580 | −0.283% | $7.2M | $37.0M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4578 | −0.327% | $44.0M | $54.4M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4578 | −0.327% | $30.2M | $30.2M | 75x | as long as short |
| BingX WLD-USDC | +0.0100% | 8h | 0.4578 | −0.327% | — | $1.3M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4579 | −0.303% | $137K | $300K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4579 | −0.312% | $2.1M | $1.7M | — | as long as short |
| edgeX WLDUSDCshort | +0.0100% | 4h | 0.4586 | −0.143% | $27K | $319K | 20x | |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4593 | 0.000% | $604K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4598 | +0.109% | $43K | $239K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4577 | −0.359% | $40K | $2.1M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4584 | −0.196% | $23K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4579 | −0.305% | $170 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4579 | −0.305% | $837K | $1.8M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4579 | −0.305% | $1.8M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4577 | −0.342% | $221K | $981K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4580 | −0.294% | $31K | $600 | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4576 | −0.366% | — | — | 20x | as long as short |
| 01 Exchange WLDUSD | +0.0144% | 1h | 0.4580 | −0.279% | $328 | $80 | 5x | as long as short |
| Phoenix WLD | +0.0158% | 1h | 0.4598 | +0.102% | $5K | $52K | 10x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4583 | −0.218% | $4.8M | $832K | 75x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0229% / S −0.1268% | 1h | 0.4578 | −0.320% | $5K | — | 100x | as long as short |
| Hyperliquid WLD | +0.0332% | 1h | 0.4583 | −0.220% | $50.3M | $43.3M | 10x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0479% | 1h | 0.4581 | −0.265% | $884K | $2.8M | 50x | as long as short |
| Coinbase International WLD-PERP-INTXlong | +0.0496% | 1h | 0.4593 | long leg | $269K | $1.7M | 50x |
Pacifica WLD
Binance WLDUSDT
Bybit WLDUSDT
OKX WLD-USDT-SWAP
Gate WLD_USDT
MEXC WLD_USDT
Bitget WLDUSDT
BingX WLD-USDC
Backpack WLD_USDC_PERP
Variational Omni WLD
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
01 Exchange WLDUSD
Phoenix WLD
BloFin WLD-USDT
GMX WLD/USD [ETH-USDC]
Hyperliquid WLD
Kraken Futures PF_WLDUSD