Funding you earn now, next payment 00:00 UTC−0.0348%/8h= −38.1% APRnext payment −$0.43 per $10,000 · paid last 24h −0.044%
Price spread now: Pacifica against Coinbase International−0.259%7-day average −0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$93as in the Price arb table
costs, in and out, $10k−$700.701% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 3 days (all we have)+0.248%+$25 · spread now −0.259%, 7d avg −0.031%
=Together, before fees+0.248%+ Points / potential airdropPacifica: Active · farm board+$25 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Pacifica is 0.228% cheaper against Coinbase International than usual: you would sell low and buy high (−$23 if the spread goes back to its 7-day average of −0.031%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.001% in total (about 0.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.43 per $10,000. 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 | 0.4590 | 0.0448 | pay 0.0056% / 1h | 56m 58s | $273K | $1.6M | 50x |
| Short | Pacifica WLD | 0.4578 | 0.0100 | get 0.0013% / 1h | 56m 58s | $54K | $487K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica 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
- −$73.08
- Price spread: −0.259% → −0.031%
- −$22.79
- Slippage, 4 orders
- −$52.12
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$165.99
- Costs to cover
- 0.701%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 2 min ago; Pacifica: live order book, 17 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, 2 min ago | 8.72 bp | 17.3 bp −$17 | 23.2 bp −$232 | doesn't fit | doesn't fit |
| Sell Pacifica live order book, 17 min ago | 4.36 bp | 11.3 bp −$11 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kalshi KXWLDPERP | −0.0202% | 8h | 0.4580 | −0.218% | $65K | $3.9M | 1.7x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4576 | −0.309% | $163K | $13K | 10x | as long as short |
| KuCoin WLDUSDTM | +0.0003% | 8h | 0.4582 | −0.174% | $7.0M | $11.0M | 50x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4585 | −0.104% | $56K | — | 150x | as long as short |
| Injective WLD/USDC PERP | +0.0038% | 1h | 0.4585 | −0.109% | $6K | $185K | 5.5x | as long as short |
| Orderly PERP_WLD_USDC | +0.0039% | 8h | 0.4585 | −0.109% | $28K | $906K | 10x | as long as short |
| Nado WLD-PERP | +0.0063% | 1h | 0.4582 | −0.163% | $276K | $169K | 5x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4584 | −0.120% | $192K | $1.0M | 50x | as long as short |
| Pacifica WLDshort | +0.0100% | 1h | 0.4578 | −0.259% | $54K | $487K | 5x | |
| Binance WLDUSDT | +0.0100% | 8h | 0.4589 | −0.028% | $86.7M | $304.1M | 75x | as long as short |
Show all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit WLDUSDT | +0.0100% | 8h | 0.4591 | +0.022% | $66.0M | $82.7M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4588 | −0.044% | $34.3M | $143.9M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4585 | −0.109% | $7.5M | $34.9M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4587 | −0.065% | $46.5M | $53.1M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4590 | 0.000% | $30.4M | $26.1M | 75x | as long as short |
| BingX WLD-USDC | +0.0100% | 8h | 0.4588 | −0.044% | — | $1.3M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4590 | −0.007% | $136K | $283K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4578 | −0.264% | $2.0M | $1.7M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4579 | −0.229% | $27K | $315K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4585 | −0.109% | $608K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4580 | −0.218% | $55K | $228K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4585 | −0.105% | $48K | $1.6M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4588 | −0.044% | $23K | $1.5M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4586 | −0.087% | $218 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4582 | −0.174% | $853K | $1.8M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4585 | −0.109% | $1.8M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4589 | −0.030% | $231K | $847K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4587 | −0.073% | $31K | $5K | 3x | as long as short |
| Phoenix WLD | +0.0104% | 1h | 0.4583 | −0.148% | $5K | $53K | 10x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4583 | −0.155% | — | — | 20x | as long as short |
| Deribit WLD_USDC-PERPETUAL | +0.0186% | 1h | 0.4587 | −0.065% | $123K | $892K | 25x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4585 | −0.109% | $4.9M | $820K | 75x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0229% / S −0.1268% | 1h | 0.4583 | −0.153% | $5K | — | 100x | as long as short |
| 01 Exchange WLDUSD | +0.0264% | 1h | 0.4582 | −0.170% | $328 | $77 | 5x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0328% | 1h | 0.4589 | −0.012% | $905K | $2.7M | 50x | as long as short |
| Coinbase International WLD-PERP-INTXlong | +0.0448% | 1h | 0.4590 | long leg | $273K | $1.6M | 50x | |
| Hyperliquid WLD | +0.0794% | 1h | 0.4595 | +0.107% | $50.9M | $43.6M | 10x | as long as short |
| Lighter WLD | +0.1008% | 1h | 0.4598 | +0.170% | $5.2M | $2.0M | 10x | as long as short |
Coinbase International WLD-PERP-INTX
Pacifica WLD
Kalshi KXWLDPERP
KuCoin WLDUSDTM
gTrade (Gains Network) WLD/USD
Injective WLD/USDC PERP
Aster WLDUSDT
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
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
Phoenix WLD
Deribit WLD_USDC-PERPETUAL
BloFin WLD-USDT
GMX WLD/USD [ETH-USDC]
01 Exchange WLDUSD
Kraken Futures PF_WLDUSD
Hyperliquid WLD
Lighter WLD