Funding you earn now, next payment 09:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.032%
Price spread now: edgeX against Deribit+0.225%75s7-day average −0.070% · you sell dearer than you buy
Net, funding: paid 7d − costs−$20as 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−$380.381% of the position
Funding, last 7 days+0.185%+$19 on $10k
+Price spread, last 4 days (all we have)−1.001%−$100 · spread now +0.225%, 7d avg −0.070%
=Together, before fees−0.815%+ Points / potential airdropedgeX: Active · farm board−$82 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and edgeX is 0.295% dearer against Deribit than usual: you sell high and buy low: +$29 more if the spread goes back to its 7-day average of −0.070%. The two prices were read 75 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 | Deribit WLD_USDC-PERPETUAL | 0.4478 | 0 | get 0.0000% / 1h | 30m 10s | $115K | $1.0M | 25x |
| Short | edgeX WLDUSDC | 0.4488 | 0.0100 | get 0.0050% / 4h | 3h 30m | $27K | $322K | 20x |
Deribit WLD_USDC-PERPETUAL
edgeX WLDUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Deribit. 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
- $21
- Price spread: +0.225% → −0.070%
- $29.47
- Slippage, 4 orders
- −$22.05
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $12.42
- Costs to cover
- 0.381%
- Break-even
- 2.9 days
Slippage from Deribit: live order book, 4 min ago; edgeX: 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 Deribit live order book, 4 min ago | 5.57 bp | 11.1 bp −$11 | 16.5 bp −$165 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 3 min ago | 4.46 bp | 9.0 bp −$9 | 18.4 bp −$184 | 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 | −0.0005% | 1h | 0.4477 | −0.022% | $232K | $175K | 5x | as long as short |
| Kalshi KXWLDPERP | 0.0000% | 8h | 0.4476 | −0.045% | $49K | $4.6M | 1.7x | as long as short |
| Deribit WLD_USDC-PERPETUALlong | 0.0000% | 1h | 0.4478 | long leg | $115K | $1.0M | 25x | |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4481 | +0.065% | $65K | — | 150x | as long as short |
| Bybit WLDUSDT | +0.0038% | 8h | 0.4477 | −0.022% | $63.4M | $89.1M | 50x | as long as short |
| Orderly PERP_WLD_USDC | +0.0099% | 8h | 0.4477 | −0.022% | $27K | $583K | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4479 | +0.029% | $224K | $1.0M | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4478 | 0.000% | $54K | $542K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4480 | +0.041% | $85.7M | $333.7M | 75x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4480 | +0.045% | $33.9M | $148.6M | 50x | as long as short |
Nado WLD-PERP
Kalshi KXWLDPERP
gTrade (Gains Network) WLD/USD
Bybit WLDUSDT
Orderly PERP_WLD_USDC
Aster WLDUSDT
Pacifica WLD
Binance WLDUSDT
OKX WLD-USDT-SWAPShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate WLD_USDT | +0.0100% | 8h | 0.4477 | −0.022% | $7.0M | $34.7M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4479 | +0.022% | $41.0M | $56.4M | 300x | as long as short |
| KuCoin WLDUSDTM | +0.0100% | 8h | 0.4474 | −0.089% | $6.6M | $11.6M | 50x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4477 | −0.022% | $29.6M | $31.1M | 75x | as long as short |
| BingX WLD-USDC | +0.0100% | 8h | 0.4476 | −0.045% | — | $1.3M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4481 | +0.060% | $129K | $297K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4480 | +0.039% | $2.1M | $1.5M | — | as long as short |
| edgeX WLDUSDCshort | +0.0100% | 4h | 0.4488 | +0.225% | $27K | $322K | 20x | |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4504 | +0.581% | $600K | $2.1M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4486 | +0.179% | $48K | $237K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4478 | 0.000% | $49K | $2.7M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4482 | +0.089% | $22K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4480 | +0.045% | $215 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4472 | −0.134% | $820K | $1.4M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4482 | +0.089% | $1.7M | $3.6M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4474 | −0.087% | $212K | $907K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4480 | +0.045% | $30K | $500 | 3x | as long as short |
| Injective WLD/USDC PERP | +0.0109% | 1h | 0.4508 | +0.670% | $6K | $185K | 5.5x | as long as short |
| Hyperliquid WLD | +0.0118% | 1h | 0.4481 | +0.058% | $49.6M | $43.1M | 10x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4476 | −0.049% | — | — | 20x | as long as short |
| Lighter WLD | +0.0160% | 1h | 0.4484 | +0.123% | $4.9M | $2.9M | 10x | as long as short |
| 01 Exchange WLDUSD | +0.0168% | 1h | 0.4478 | +0.002% | $320 | $55 | 5x | as long as short |
| dYdX WLD-USD | +0.0186% | 1h | 0.4478 | +0.006% | $153K | $31K | 10x | as long as short |
| Phoenix WLD | +0.0194% | 1h | 0.4487 | +0.194% | $4K | $44K | 10x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0219% / S −0.0967% | 1h | 0.4481 | +0.058% | $4K | — | 100x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4485 | +0.156% | $4.4M | $925K | 75x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0306% | 1h | 0.4480 | +0.047% | $888K | $2.8M | 50x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0440% | 1h | 0.4480 | +0.045% | $265K | $1.6M | 50x | as long as short |
Gate WLD_USDT
MEXC WLD_USDT
KuCoin WLDUSDTM
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
Injective WLD/USDC PERP
Hyperliquid WLD
Reya WLDRUSDPERP
Lighter WLD
01 Exchange WLDUSD
dYdX WLD-USD
Phoenix WLD
GMX WLD/USD [ETH-USDC]
BloFin WLD-USDT
Kraken Futures PF_WLDUSD
Coinbase International WLD-PERP-INTX