Funding you earn now, next payment 03:00 UTC−0.0796%/8h= −87.2% APRnext payment −$1.00 per $10,000 · paid last 24h −0.007%
Price spread now: ApeX Omni against Kraken Futures+0.413%7-day average +0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$690.689% of the position
Funding, last 7 days−0.034%−$3 on $10k
+Price spread, last 4 days (all we have)−1.021%−$102 · spread now +0.413%, 7d avg +0.001%
=The price spread pays, funding is against you. ApeX Omni is 0.412% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.413% now, against its 7-day average of +0.001%): +$41 on $10k if it goes back. Holding the pair costs −$24 a day in funding at the current rate, which eats that in about 41 hours. At the pace of the last 7 days (−0.034% in total) that is about 3 months.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.034% in total (about -1.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.00 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 | Kraken Futures PF_WLDUSD | 0.4621 | 0.0896 | pay 0.0112% / 1h | 26m 53s | $894K | $2.9M | 50x |
| Short | ApeX Omni WLDUSDT | 0.4640 | 0.0100 | get 0.0013% / 1h | 26m 53s | $51K | $236K | 50x |
Kraken Futures PF_WLDUSD
ApeX Omni WLDUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Kraken Futures. 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
- −$167.18
- Price spread: +0.413% → +0.001%
- $41.2
- Slippage, 4 orders
- −$48.93
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$194.91
- Costs to cover
- 0.689%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 2 min ago; ApeX Omni: live order book, 34 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 Kraken Futures live order book, 2 min ago | 6.49 bp | 15.9 bp −$16 | 28.0 bp −$280 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 34 min ago | 6.43 bp | 15.5 bp −$15 | 101.0 bp −$1,010 | 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 | −0.0130% | 8h | 0.4624 | +0.067% | $53K | $4.5M | 1.7x | as long as short |
| KuCoin WLDUSDTM | −0.0036% | 8h | 0.4624 | +0.067% | $7.1M | $11.6M | 50x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4622 | +0.013% | $165K | $26K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4620 | −0.020% | $119K | $923K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4619 | −0.035% | $55K | — | 150x | as long as short |
| Nado WLD-PERP | +0.0018% | 1h | 0.4619 | −0.042% | $267K | $187K | 5x | as long as short |
| 01 Exchange WLDUSD | +0.0072% | 1h | 0.4623 | +0.043% | $331 | $80 | 5x | as long as short |
| Orderly PERP_WLD_USDC | +0.0074% | 8h | 0.4618 | −0.063% | $28K | $893K | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4628 | +0.160% | $174K | $1.0M | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4623 | +0.045% | $48K | $511K | 5x | as long as short |
Kalshi KXWLDPERP
KuCoin WLDUSDTM
dYdX WLD-USD
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
Nado WLD-PERP
01 Exchange WLDUSD
Orderly PERP_WLD_USDC
Aster WLDUSDT
Pacifica WLDShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance WLDUSDT | +0.0100% | 8h | 0.4623 | +0.045% | $87.8M | $325.3M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4622 | +0.023% | $66.0M | $88.0M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4625 | +0.088% | $34.9M | $148.9M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4621 | +0.002% | $7.2M | $36.9M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4623 | +0.045% | $45.8M | $54.4M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4623 | +0.045% | $30.6M | $29.5M | 75x | as long as short |
| BingX WLD-USDC | +0.0100% | 8h | 0.4623 | +0.045% | — | $1.3M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4625 | +0.095% | $134K | $291K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4635 | +0.295% | $2.1M | $1.7M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4632 | +0.243% | $28K | $317K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4627 | +0.131% | $608K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDTshort | +0.0100% | 1h | 0.4640 | +0.413% | $51K | $236K | 50x | |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4620 | −0.020% | $55K | $2.0M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4628 | +0.153% | $23K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4620 | −0.020% | $176 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4627 | +0.131% | $845K | $1.9M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4623 | +0.045% | $1.8M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4623 | +0.040% | $213K | $927K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4619 | −0.038% | $31K | $600 | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4618 | −0.060% | — | — | 20x | as long as short |
| Phoenix WLD | +0.0172% | 1h | 0.4643 | +0.471% | $5K | $57K | 10x | as long as short |
| Lighter WLD | +0.0184% | 1h | 0.4626 | +0.105% | $5.0M | $2.3M | 10x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4624 | +0.067% | $5.0M | $802K | 75x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0230% / S −0.1268% | 1h | 0.4619 | −0.050% | $5K | — | 100x | as long as short |
| Hyperliquid WLD | +0.0464% | 1h | 0.4632 | +0.250% | $51.5M | $42.9M | 10x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0480% | 1h | 0.4627 | +0.131% | $274K | $1.7M | 50x | as long as short |
| Injective WLD/USDC PERP | +0.0677% | 1h | 0.4616 | −0.107% | $6K | $185K | 5.5x | as long as short |
| Kraken Futures PF_WLDUSDlong | +0.0896% | 1h | 0.4621 | long leg | $894K | $2.9M | 50x |
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
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
Lighter WLD
BloFin WLD-USDT
GMX WLD/USD [ETH-USDC]
Hyperliquid WLD
Coinbase International WLD-PERP-INTX
Injective WLD/USDC PERP