Funding you earn now, next payment 10:00 UTC−0.0244%/8h= −26.7% APRpaid last 24h −0.084%
Price spread now: HTX against Coinbase International−0.090%7-day average −0.218% · you buy dearer than you sell
Net, funding: paid 7d − costs−$113as in the Funding arb table
Net, price: spread back to 7d avg − costs−$89as in the Price arb table
costs, in and out, $10k−$1021.019% of the position
Funding, last 7 days−0.114%−$11 on $10k
+Price spread, last 4 days (all we have)−0.084%−$8 · spread now −0.090%, 7d avg −0.218%
=The price spread pays, funding is against you. HTX is 0.129% dearer against Coinbase International than usual: you sell high and buy low (spread −0.090% now, against its 7-day average of −0.218%): +$13 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 42 hours. At the pace of the last 7 days (−0.114% in total) that is about 7.9 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.114% in total (about -5.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International WLD-PERP-INTX | 0.4459 | 0.0344 | pay 0.0043% / 1h | 48m 34s | $271K | $967K | 50x |
| Short | HTX WLD-USDT | 0.4455 | 0.0100 | get 0.0100% / 8h | 5h 48m | $817K | $1.2M | 50x |
Coinbase International WLD-PERP-INTX
HTX WLD-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- −$51.24
- Price spread: −0.090% → −0.218%
- $12.88
- Slippage, 4 orders
- −$79.87
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$140.23
- Costs to cover
- 1.019%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 13 min ago; HTX: live order book, 3 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, 13 min ago | 5.57 bp | 26.5 bp −$27 | 33.7 bp −$337 | doesn't fit | doesn't fit |
| Sell HTX live order book, 3 min ago | 6.74 bp | 14.9 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
WLD on 38 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit WLD_USDC-PERPETUAL | −0.0199% | 1h | 0.4456 | −0.067% | $101K | $1.1M | 25x | as long as short |
| Kraken Futures PF_WLDUSD | −0.0194% | 1h | 0.4459 | −0.004% | $854K | $2.6M | 50x | as long as short |
| Nado WLD-PERP | −0.0141% | 1h | 0.4456 | −0.067% | $234K | $159K | 5x | as long as short |
| Bybit WLDUSDT | −0.0134% | 8h | 0.4455 | −0.090% | $63.7M | $84.9M | 50x | as long as short |
| Polymarket Perps WLD-USD | −0.0121% | 1h | 0.4456 | −0.067% | $48K | $2.6M | 10x | as long as short |
| Gate WLD_USDT | −0.0091% | 8h | 0.4456 | −0.067% | $7.0M | $31.1M | 75x | as long as short |
| 01 Exchange WLDUSD | −0.0064% | 1h | 0.4459 | −0.009% | $319 | $55 | 5x | as long as short |
| Kalshi KXWLDPERP | 0.0000% | 8h | 0.4456 | −0.067% | $69K | $4.2M | 1.7x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4475 | +0.358% | $65K | — | 150x | as long as short |
| Injective WLD/USDC PERP | +0.0007% | 1h | 0.4477 | +0.404% | $6K | $185K | 5.5x | as long as short |
Deribit WLD_USDC-PERPETUAL
Kraken Futures PF_WLDUSD
Nado WLD-PERP
Bybit WLDUSDT
Polymarket Perps WLD-USD
Gate WLD_USDT
01 Exchange WLDUSD
Kalshi KXWLDPERP
gTrade (Gains Network) WLD/USD
Injective WLD/USDC PERPShow all 38 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX WLD-USD | +0.0009% | 1h | 0.4460 | +0.019% | $152K | $31K | 10x | as long as short |
| Phoenix WLD | +0.0053% | 1h | 0.4456 | −0.056% | $4K | $40K | 10x | as long as short |
| KuCoin WLDUSDTM | +0.0060% | 8h | 0.4455 | −0.090% | $6.6M | $10.4M | 50x | as long as short |
| Variational Omni WLD | +0.0080% | 8h | 0.4450 | −0.194% | $2.0M | $1.4M | — | as long as short |
| Orderly PERP_WLD_USDC | +0.0088% | 8h | 0.4454 | −0.112% | $27K | $334K | 10x | as long as short |
| Lighter WLD | +0.0096% | 1h | 0.4462 | +0.070% | $4.8M | $3.0M | 10x | as long as short |
| Hyperliquid WLD | +0.0100% | 1h | 0.4465 | +0.137% | $49.4M | $28.9M | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4458 | −0.016% | $209K | $884K | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4459 | 0.000% | $58K | $501K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4457 | −0.041% | $84.6M | $312.8M | 75x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4458 | −0.022% | $33.8M | $141.0M | 50x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4458 | −0.022% | $41.7M | $54.5M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4458 | −0.022% | $29.3M | $28.7M | 75x | as long as short |
| BingX WLD-USDC | +0.0100% | 8h | 0.4457 | −0.045% | — | $1.3M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4458 | −0.016% | $129K | $275K | 10x | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4454 | −0.107% | $27K | $322K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4471 | +0.269% | $593K | $2.2M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4455 | −0.090% | $59K | $242K | 50x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4460 | +0.022% | $22K | $1.4M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4456 | −0.067% | $231 | $5K | 10x | as long as short |
| HTX WLD-USDTshort | +0.0100% | 8h | 0.4455 | −0.090% | $817K | $1.2M | 50x | |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4460 | +0.022% | $1.7M | $3.6M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4454 | −0.123% | $210K | $659K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4457 | −0.046% | $30K | $500 | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4450 | −0.192% | — | — | 20x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0218% / S −0.0967% | 1h | 0.4463 | +0.091% | $4K | — | 100x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4453 | −0.135% | $4.8M | $912K | 75x | as long as short |
| Coinbase International WLD-PERP-INTXlong | +0.0344% | 1h | 0.4459 | long leg | $271K | $967K | 50x |
dYdX WLD-USD
Phoenix WLD
KuCoin WLDUSDTM
Variational Omni WLD
Orderly PERP_WLD_USDC
Lighter WLD
Hyperliquid WLD
Aster WLDUSDT
Pacifica WLD
Binance WLDUSDT
OKX WLD-USDT-SWAP
MEXC WLD_USDT
Bitget WLDUSDT
BingX WLD-USDC
Backpack WLD_USDC_PERP
edgeX WLDUSDC
GRVT WLD_USDT_Perp
ApeX Omni WLDUSDT
SunX WLD-USDT
SoDEX WLD-USD
Phemex WLDUSDT
Extended WLD-USD
Aevo WLD-PERP
Reya WLDRUSDPERP
GMX WLD/USD [ETH-USDC]
BloFin WLD-USDT