Funding you earn now, next payment 20:00 UTC−0.0286%/8hpaid last 24h −0.025%
Price spread now: Bybit against edgeX+0.043%111s7-day average −0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$46as 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−$340.336% of the position
Funding, last 7 days−0.123%−$12 on $10k
+Price spread, last 3 days (all we have)−1.242%−$124 · spread now +0.043%, 7d avg −0.007%
=Together, before fees−1.365%+ Points / potential airdropedgeX: Active · farm board−$137 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bybit is 0.050% dearer against edgeX than usual: you sell high and buy low (spread +0.043% now, against its 7-day average of −0.007%): +$5 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 14 hours. At the pace of the last 7 days (−0.123% in total) that is about 2.9 days. The two prices were read 111 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 -0.123% in total (about -6.4% 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 | edgeX WLDUSDC | 0.4358 | 0.0100 | pay 0.0050% / 4h | 5m 42s | $26K | $314K | 20x |
| Short | Bybit WLDUSDT | 0.4360 | −0.0186 | pay 0.0186% / 8h | 4h 05m | $62.3M | $68.1M | 50x |
edgeX WLDUSDC
Bybit WLDUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against edgeX. 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
- −$59.99
- Price spread: +0.043% → −0.007%
- $5.02
- Slippage, 4 orders
- −$13.64
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$88.61
- Costs to cover
- 0.336%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 26 min ago; Bybit: 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 edgeX live order book, 26 min ago | 3.45 bp | 8.0 bp −$8 | 17.9 bp −$179 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 1.15 bp | 8.3 bp −$8 | 16.8 bp −$168 | 115.1 bp −$11.5K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni WLD | −0.0226% | 8h | 0.4353 | −0.107% | $2.0M | $1.4M | — | as long as short |
| Bybit WLDUSDTshort | −0.0186% | 8h | 0.4360 | +0.043% | $62.3M | $68.1M | 50x | |
| Kalshi KXWLDPERP | −0.0101% | 8h | 0.4361 | +0.066% | $92K | $3.6M | 1.7x | as long as short |
| Nado WLD-PERP | −0.0071% | 1h | 0.4359 | +0.008% | $341K | $145K | 5x | as long as short |
| Phoenix WLD | −0.0055% | 1h | 0.4360 | +0.034% | $2K | $47K | 10x | as long as short |
| MEXC WLD_USDT | −0.0050% | 8h | 0.4359 | +0.020% | $43.4M | $42.2M | 300x | as long as short |
| Binance WLDUSDT | −0.0047% | 8h | 0.4360 | +0.043% | $78.3M | $257.5M | 75x | as long as short |
| Orderly PERP_WLD_USDC | −0.0042% | 8h | 0.4360 | +0.043% | $27K | $926K | 10x | as long as short |
| OKX WLD-USDT-SWAP | −0.0041% | 8h | 0.4359 | +0.020% | $32.9M | $119.7M | 50x | as long as short |
| KuCoin WLDUSDTM | −0.0039% | 8h | 0.4359 | +0.020% | $7.3M | $9.9M | 50x | as long as short |
Variational Omni WLD
Kalshi KXWLDPERP
Nado WLD-PERP
Phoenix WLD
MEXC WLD_USDT
Binance WLDUSDT
Orderly PERP_WLD_USDC
OKX WLD-USDT-SWAP
KuCoin WLDUSDTMShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange WLDUSD | −0.0032% | 1h | 0.4363 | +0.116% | $312 | $77 | 5x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4363 | +0.112% | $149K | $6K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4360 | +0.043% | $123K | $728K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4361 | +0.059% | $56K | — | 150x | as long as short |
| BloFin WLD-USDT | +0.0070% | 8h | 0.4362 | +0.089% | $4.6M | $854K | 75x | as long as short |
| Aevo WLD-PERP | +0.0072% | 1h | 0.4360 | +0.050% | $30K | $5K | 3x | as long as short |
| Gate WLD_USDT | +0.0074% | 8h | 0.4360 | +0.043% | $7.2M | $32.6M | 75x | as long as short |
| Hyperliquid WLD | +0.0100% | 1h | 0.4362 | +0.091% | $43.6M | $36.4M | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4361 | +0.076% | $225K | $913K | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4361 | +0.066% | $58K | $454K | 5x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4360 | +0.043% | $28.6M | $23.5M | 75x | as long as short |
| BingX WLD-USDT | +0.0100% | 8h | 0.4359 | +0.020% | — | $67.5M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4361 | +0.061% | $130K | $268K | 10x | as long as short |
| edgeX WLDUSDClong | +0.0100% | 4h | 0.4358 | long leg | $26K | $314K | 20x | |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4358 | −0.008% | $590K | $1.8M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4355 | −0.072% | $60K | $222K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4361 | +0.061% | $57K | $1.8M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4364 | +0.135% | $22K | $1.4M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4358 | −0.003% | $188 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4358 | −0.003% | $808K | $1.7M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4360 | +0.043% | $1.8M | $3.8M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4359 | +0.013% | $148K | $532K | 10x | as long as short |
| Injective WLD/USDC PERP | +0.0132% | 1h | 0.4344 | −0.324% | $6K | $90K | 5.5x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4357 | −0.016% | — | — | 20x | as long as short |
| Lighter WLD | +0.0200% | 1h | 0.4368 | +0.236% | $4.7M | $1.3M | 10x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0206% / S −0.1501% | 1h | 0.4360 | +0.054% | $7K | — | 100x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0352% | 1h | 0.4361 | +0.066% | $262K | $1.4M | 50x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0463% | 1h | 0.4362 | +0.090% | $881K | $2.2M | 50x | as long as short |
01 Exchange WLDUSD
dYdX WLD-USD
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
BloFin WLD-USDT
Aevo WLD-PERP
Gate WLD_USDT
Hyperliquid WLD
Aster WLDUSDT
Pacifica WLD
Bitget WLDUSDT
BingX WLD-USDT
Backpack WLD_USDC_PERP
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
Injective WLD/USDC PERP
Reya WLDRUSDPERP
Lighter WLD
GMX WLD/USD [ETH-USDC]
Coinbase International WLD-PERP-INTX
Kraken Futures PF_WLDUSD