Funding you earn now, next payment 00:00 UTC+0.0410%/8h= +44.9% APRnext payment +$0.51 per $10,000 · paid last 24h +0.028%
Price spread now: Coinbase International against Injective+0.086%64s7-day average −0.120% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.080%+$8 on $10k
+Price spread, last 3 days (all we have)−0.255%−$26 · spread now +0.086%, 7d avg −0.120%
=Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Coinbase International is 0.206% dearer against Injective than usual: you sell high and buy low: +$21 more if the spread goes back to its 7-day average of −0.120%. The two prices were read 64 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 0.080% in total (about 4.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.51 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 | Injective WLD/USDC PERP | 0.4659 | 0.0038 | pay 0.0005% / 1h | 34m 17s | $6K | $185K | 5.5x |
| Short | Coinbase International WLD-PERP-INTX | 0.4663 | 0.0448 | get 0.0056% / 1h | 34m 17s | $276K | $1.7M | 50x |
Injective WLD/USDC PERP
Coinbase International WLD-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Injective. 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
- $86.16
- Price spread: +0.086% → −0.120%
- $20.62
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $96.76
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Injective: live order book, 5 min ago; Coinbase International: live order book, 4 min ago. Net counts fees only.
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 Injective live order book, 5 min ago | 71.71 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 4 min ago | 3.23 bp | 22.8 bp −$23 | 27.4 bp −$274 | 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 | −0.0181% | 8h | 0.4668 | +0.193% | $38K | $3.9M | 1.7x | as long as short |
| Nado WLD-PERP | −0.0030% | 1h | 0.4658 | −0.011% | $281K | $169K | 5x | as long as short |
| KuCoin WLDUSDTM | −0.0015% | 8h | 0.4658 | −0.021% | $7.1M | $11.0M | 50x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4654 | −0.102% | $166K | $13K | 10x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4672 | +0.279% | $57K | — | 150x | as long as short |
| Injective WLD/USDC PERPlong | +0.0038% | 1h | 0.4659 | long leg | $6K | $185K | 5.5x | |
| Orderly PERP_WLD_USDC | +0.0042% | 8h | 0.4671 | +0.258% | $28K | $903K | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4665 | +0.125% | $195K | $961K | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4659 | 0.000% | $54K | $482K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4671 | +0.255% | $88.8M | $304.4M | 75x | as long as short |
Kalshi KXWLDPERP
Nado WLD-PERP
KuCoin WLDUSDTM
dYdX WLD-USD
gTrade (Gains Network) WLD/USD
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 | 0.4671 | +0.258% | $67.2M | $82.0M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4669 | +0.215% | $35.1M | $146.1M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4670 | +0.236% | $7.6M | $35.4M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4671 | +0.258% | $47.8M | $53.7M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4672 | +0.279% | $31.0M | $26.2M | 75x | as long as short |
| BingX WLD-USDT | +0.0100% | 8h | 0.4670 | +0.236% | — | $67.2M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4664 | +0.105% | $139K | $279K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4660 | +0.017% | $2.1M | $1.7M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4627 | −0.697% | $27K | $316K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4630 | −0.622% | $612K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4642 | −0.365% | $55K | $229K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4666 | +0.155% | $56K | $1.6M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4677 | +0.386% | $24K | $1.5M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4672 | +0.279% | $221 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4653 | −0.129% | $867K | $1.8M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4665 | +0.129% | $1.9M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4672 | +0.280% | $220K | $863K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4671 | +0.258% | $32K | $600 | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4660 | +0.017% | — | — | 20x | as long as short |
| Phoenix WLD | +0.0157% | 1h | 0.4629 | −0.642% | $5K | $53K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | +0.0178% | 1h | 0.4673 | +0.300% | $134K | $871K | 25x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4660 | +0.021% | $4.9M | $858K | 75x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0234% / S −0.1403% | 1h | 0.4671 | +0.252% | $6K | — | 100x | as long as short |
| 01 Exchange WLDUSD | +0.0248% | 1h | 0.4668 | +0.204% | $334 | $77 | 5x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0322% | 1h | 0.4675 | +0.334% | $918K | $2.7M | 50x | as long as short |
| Coinbase International WLD-PERP-INTXshort | +0.0448% | 1h | 0.4663 | +0.086% | $276K | $1.7M | 50x | |
| Hyperliquid WLD | +0.0755% | 1h | 0.4672 | +0.290% | $52.0M | $43.5M | 10x | as long as short |
| Lighter WLD | +0.0928% | 1h | 0.4680 | +0.453% | $5.3M | $2.0M | 10x | as long as short |
Bybit WLDUSDT
OKX WLD-USDT-SWAP
Gate WLD_USDT
MEXC WLD_USDT
Bitget WLDUSDT
BingX WLD-USDT
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
Reya WLDRUSDPERP
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