Funding you earn now, next payment 06:00 UTC−0.0397%/8h= −43.5% APRpaid last 24h −0.096%
Price spread now: KuCoin against Coinbase International−0.132%7-day average −0.081% · you buy dearer than you sell
Net, funding: paid 7d − costs−$96as in the Funding arb table
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$820.818% of the position
Funding, last 7 days−0.140%−$14 on $10k
+Price spread, last 4 days (all we have)+0.097%+$10 · spread now −0.132%, 7d avg −0.081%
=Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and KuCoin is 0.051% 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 −0.081%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.140% in total (about -7.3% 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 | 0.4545 | 0.0488 | pay 0.0061% / 1h | 22m 19s | $274K | $1.6M | 50x |
| Short | KuCoin WLDUSDTM | 0.4539 | 0.0091 | get 0.0091% / 8h | 1h 22m | $6.7M | $11.8M | 50x |
Coinbase International WLD-PERP-INTX
KuCoin WLDUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$83.37
- Price spread: −0.132% → −0.081%
- −$5.06
- Slippage, 4 orders
- −$59.75
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$170.18
- Costs to cover
- 0.818%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 1 min ago; KuCoin: 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 Coinbase International live order book, 1 min ago | 7.70 bp | 27.6 bp −$28 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 6 min ago | 2.22 bp | 23.6 bp −$24 | 49.6 bp −$496 | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX WLD-USD | 0.0000% | 1h | 0.4543 | −0.051% | $155K | $33K | 10x | as long as short |
| Kalshi KXWLDPERP | 0.0000% | 8h | 0.4542 | −0.066% | $49K | $4.7M | 1.7x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4541 | −0.088% | $151K | $961K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4546 | +0.021% | $66K | — | 150x | as long as short |
| Nado WLD-PERP | +0.0004% | 1h | 0.4541 | −0.099% | $239K | $169K | 5x | as long as short |
| KuCoin WLDUSDTMshort | +0.0091% | 8h | 0.4539 | −0.132% | $6.7M | $11.8M | 50x | |
| Orderly PERP_WLD_USDC | +0.0099% | 8h | 0.4540 | −0.110% | $27K | $768K | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4545 | −0.011% | $227K | $1.1M | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4544 | −0.026% | $50K | $537K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4540 | −0.110% | $86.5M | $337.3M | 75x | as long as short |
dYdX WLD-USD
Kalshi KXWLDPERP
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
Nado WLD-PERP
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 WLDUSDT | +0.0100% | 8h | 0.4538 | −0.154% | $64.7M | $90.6M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4538 | −0.154% | $34.3M | $153.7M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4539 | −0.132% | $7.1M | $36.4M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4541 | −0.088% | $40.2M | $57.5M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4537 | −0.176% | $29.9M | $31.2M | 75x | as long as short |
| BingX WLD-USDC | +0.0100% | 8h | 0.4542 | −0.066% | — | $1.3M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4542 | −0.070% | $135K | $297K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4547 | +0.037% | $2.1M | $1.6M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4521 | −0.522% | $27K | $319K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4530 | −0.320% | $598K | $2.1M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4526 | −0.418% | $48K | $239K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4538 | −0.145% | $47K | $2.6M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4545 | 0.000% | $22K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4538 | −0.154% | $216 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4539 | −0.132% | $830K | $1.6M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4537 | −0.176% | $1.8M | $3.6M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4534 | −0.233% | $210K | $1.0M | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4539 | −0.132% | $31K | $500 | 3x | as long as short |
| Injective WLD/USDC PERP | +0.0132% | 1h | 0.4581 | +0.792% | $6K | $185K | 5.5x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4538 | −0.159% | — | — | 20x | as long as short |
| Lighter WLD | +0.0136% | 1h | 0.4541 | −0.084% | $4.9M | $2.9M | 10x | as long as short |
| 01 Exchange WLDUSD | +0.0152% | 1h | 0.4542 | −0.068% | $325 | $55 | 5x | as long as short |
| Phoenix WLD | +0.0158% | 1h | 0.4555 | +0.227% | $5K | $44K | 10x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0219% / S −0.0967% | 1h | 0.4546 | +0.017% | $4K | — | 100x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4542 | −0.066% | $4.8M | $922K | 75x | as long as short |
| Coinbase International WLD-PERP-INTXlong | +0.0488% | 1h | 0.4545 | long leg | $274K | $1.6M | 50x | |
| Hyperliquid WLD | +0.0567% | 1h | 0.4545 | +0.002% | $49.8M | $43.9M | 10x | as long as short |
| Kraken Futures PF_WLDUSD | +0.1043% | 1h | 0.4539 | −0.121% | $871K | $2.9M | 50x | as long as short |
Bybit WLDUSDT
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
Injective WLD/USDC PERP
Reya WLDRUSDPERP
Lighter WLD
01 Exchange WLDUSD
Phoenix WLD
GMX WLD/USD [ETH-USDC]
BloFin WLD-USDT
Hyperliquid WLD
Kraken Futures PF_WLDUSD