Funding you earn now, next payment 22:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.041%
Price spread now: Deribit against edgeX−0.158%75s7-day average +0.074% · you buy dearer than you sell
Net, funding: paid 7d − costs−$52as 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−$330.329% of the position
Funding, last 7 days−0.194%−$19 on $10k
+Price spread, last 3 days (all we have)+0.651%+$65 · spread now −0.158%, 7d avg +0.074%
=Together, before fees+0.457%+ Points / potential airdropedgeX: Active · farm board+$46 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Deribit is 0.232% cheaper against edgeX than usual: you would sell low and buy high (−$23 if the spread goes back to its 7-day average of +0.074%). Swap the legs. 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 | edgeX WLDUSDC | 0.4522 | 0.0100 | pay 0.0050% / 4h | 2h 04m | $27K | $315K | 20x |
| Short | Deribit WLD_USDC-PERPETUAL | 0.4515 | 0 | get 0.0000% / 1h | 4m 19s | $122K | $911K | 25x |
edgeX WLDUSDC
Deribit WLD_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$21
- Price spread: −0.158% → +0.074%
- −$23.23
- Slippage, 4 orders
- −$16.89
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$77.12
- Costs to cover
- 0.329%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 19 min ago; Deribit: live order book, 20 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, 19 min ago | 4.40 bp | 8.9 bp −$9 | 19.8 bp −$198 | doesn't fit | doesn't fit |
| Sell Deribit live order book, 20 min ago | 2.19 bp | 9.4 bp −$9 | 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 | −0.0490% | 8h | 0.4510 | −0.268% | $45K | $3.8M | 1.7x | as long as short |
| Orderly PERP_WLD_USDC | −0.0016% | 8h | 0.4512 | −0.224% | $27K | $916K | 10x | as long as short |
| KuCoin WLDUSDTM | −0.0005% | 8h | 0.4506 | −0.357% | $7.0M | $10.7M | 50x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4510 | −0.273% | $154K | $6K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUALshort | 0.0000% | 1h | 0.4515 | −0.158% | $122K | $911K | 25x | |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4512 | −0.213% | $56K | — | 150x | as long as short |
| Variational Omni WLD | +0.0018% | 8h | 0.4512 | −0.218% | $2.1M | $1.7M | — | as long as short |
| Nado WLD-PERP | +0.0043% | 1h | 0.4507 | −0.335% | $270K | $169K | 5x | as long as short |
| Phoenix WLD | +0.0052% | 1h | 0.4522 | −0.012% | $5K | $52K | 10x | as long as short |
| OKX WLD-USDT-SWAP | +0.0091% | 8h | 0.4513 | −0.202% | $33.7M | $137.6M | 50x | as long as short |
Kalshi KXWLDPERP
Orderly PERP_WLD_USDC
KuCoin WLDUSDTM
dYdX WLD-USD
gTrade (Gains Network) WLD/USD
Variational Omni WLD
Nado WLD-PERP
Phoenix WLD
OKX WLD-USDT-SWAPShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC WLD_USDT | +0.0097% | 8h | 0.4510 | −0.268% | $50.2M | $48.6M | 300x | as long as short |
| Binance WLDUSDT | +0.0099% | 8h | 0.4512 | −0.231% | $84.7M | $293.1M | 75x | as long as short |
| Hyperliquid WLD | +0.0100% | 1h | 0.4514 | −0.171% | $46.4M | $41.3M | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4511 | −0.248% | $211K | $976K | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4509 | −0.291% | $51K | $481K | 5x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4513 | −0.202% | $64.3M | $80.5M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4511 | −0.246% | $7.3M | $34.9M | 75x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4510 | −0.268% | $29.9M | $25.1M | 75x | as long as short |
| BingX WLD-USDC | +0.0100% | 8h | 0.4510 | −0.268% | — | $1.3M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4509 | −0.295% | $128K | $270K | 10x | as long as short |
| edgeX WLDUSDClong | +0.0100% | 4h | 0.4522 | long leg | $27K | $315K | 20x | |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4526 | +0.078% | $607K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4524 | +0.041% | $55K | $227K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4509 | −0.282% | $51K | $1.7M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4516 | −0.136% | $22K | $1.5M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4514 | −0.180% | $200 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4507 | −0.335% | $850K | $1.8M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4514 | −0.180% | $1.8M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4512 | −0.235% | $132K | $745K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4516 | −0.140% | $31K | $5K | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4508 | −0.306% | — | — | 20x | as long as short |
| BloFin WLD-USDT | +0.0218% | 8h | 0.4505 | −0.379% | $4.8M | $806K | 75x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0238% / S −0.1965% | 1h | 0.4512 | −0.232% | $9K | — | 100x | as long as short |
| 01 Exchange WLDUSD | +0.0304% | 1h | 0.4511 | −0.242% | $323 | $77 | 5x | as long as short |
| Injective WLD/USDC PERP | +0.0374% | 1h | 0.4542 | +0.439% | $6K | $185K | 5.5x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0400% | 1h | 0.4514 | −0.180% | $277K | $1.6M | 50x | as long as short |
| Lighter WLD | +0.0936% | 1h | 0.4523 | +0.015% | $5.1M | $2.1M | 10x | as long as short |
| Kraken Futures PF_WLDUSD | +0.1105% | 1h | 0.4515 | −0.154% | $918K | $2.6M | 50x | as long as short |
MEXC WLD_USDT
Binance WLDUSDT
Hyperliquid WLD
Aster WLDUSDT
Pacifica WLD
Bybit WLDUSDT
Gate WLD_USDT
Bitget WLDUSDT
BingX WLD-USDC
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
Aevo WLD-PERP
Reya WLDRUSDPERP
BloFin WLD-USDT
GMX WLD/USD [ETH-USDC]
01 Exchange WLDUSD
Injective WLD/USDC PERP
Coinbase International WLD-PERP-INTX
Lighter WLD
Kraken Futures PF_WLDUSD