Funding you earn now, next payment 07:00 UTC−0.0938%/8h= −102.7% APRnext payment −$1.17 per $10,000 · paid last 24h −0.040%
Price spread now: Extended against Kraken Futures−0.337%7-day average −0.097% · you buy dearer than you sell
Net, funding: paid 7d − costs−$23as in the Funding arb table
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$460.461% of the position
Funding, last 7 days+0.228%+$23 on $10k
+Price spread, last 4 days (all we have)+0.064%+$6 · spread now −0.337%, 7d avg −0.097%
=Together, before fees+0.291%+ Points / potential airdropExtended: Active · farm board+$29 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$28 a day on $10k at the current rate, and Extended is 0.241% cheaper against Kraken Futures than usual: you would sell low and buy high (−$24 if the spread goes back to its 7-day average of −0.097%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.228%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.228% in total (about 11.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.17 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 | 0.4545 | 0.1042 | pay 0.0130% / 1h | 54m 29s | $865K | $2.9M | 50x |
| Short | Extended WLD-USD | 0.4529 | 0.0104 | get 0.0013% / 1h | 54m 29s | $209K | $1.0M | 10x |
Kraken Futures PF_WLDUSD
Extended WLD-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$196.9
- Price spread: −0.337% → −0.097%
- −$24.06
- Slippage, 4 orders
- −$31.07
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$267.04
- Costs to cover
- 0.461%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 4 min ago; Extended: live order book, 4 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, 4 min ago | 6.57 bp | 15.6 bp −$16 | 33.4 bp −$334 | doesn't fit | doesn't fit |
| Sell Extended live order book, 4 min ago | 2.19 bp | 4.7 bp −$5 | 10.4 bp −$104 | 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 | −0.0024% | 1h | 0.4528 | −0.355% | $238K | $170K | 5x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4533 | −0.265% | $155K | $33K | 10x | as long as short |
| Kalshi KXWLDPERP | 0.0000% | 8h | 0.4540 | −0.102% | $56K | $4.8M | 1.7x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4541 | −0.089% | $66K | — | 150x | as long as short |
| KuCoin WLDUSDTM | +0.0082% | 8h | 0.4533 | −0.256% | $6.7M | $11.8M | 50x | as long as short |
| Orderly PERP_WLD_USDC | +0.0099% | 8h | 0.4539 | −0.124% | $27K | $789K | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4535 | −0.216% | $226K | $1.1M | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4534 | −0.237% | $50K | $539K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4530 | −0.313% | $86.4M | $339.4M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4528 | −0.366% | $64.5M | $91.7M | 50x | as long as short |
Nado WLD-PERP
dYdX WLD-USD
Kalshi KXWLDPERP
gTrade (Gains Network) WLD/USD
KuCoin WLDUSDTM
Orderly PERP_WLD_USDC
Aster WLDUSDT
Pacifica WLD
Binance WLDUSDT
Bybit WLDUSDTShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4528 | −0.366% | $34.3M | $154.9M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4531 | −0.300% | $7.2M | $36.1M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4530 | −0.322% | $40.3M | $56.2M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4527 | −0.388% | $29.9M | $31.3M | 75x | as long as short |
| BingX WLD-USDT | +0.0100% | 8h | 0.4531 | −0.300% | — | $70.2M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4542 | −0.067% | $132K | $299K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4539 | −0.130% | $2.1M | $1.7M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4546 | +0.022% | $27K | $319K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4545 | +0.008% | $603K | $2.0M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4552 | +0.162% | $48K | $240K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4527 | −0.392% | $91K | $2.6M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4547 | +0.052% | $23K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4542 | −0.058% | $215 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4539 | −0.124% | $830K | $1.7M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4545 | +0.008% | $1.8M | $3.6M | 50x | as long as short |
| Extended WLD-USDshort | +0.0104% | 1h | 0.4529 | −0.337% | $209K | $1.0M | 10x | |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4543 | −0.036% | $31K | $500 | 3x | as long as short |
| Injective WLD/USDC PERP | +0.0132% | 1h | 0.4544 | −0.014% | $6K | $185K | 5.5x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4527 | −0.382% | — | — | 20x | as long as short |
| Phoenix WLD | +0.0142% | 1h | 0.4553 | +0.193% | $5K | $44K | 10x | as long as short |
| 01 Exchange WLDUSD | +0.0176% | 1h | 0.4531 | −0.291% | $324 | $55 | 5x | as long as short |
| Deribit WLD_USDC-PERPETUAL | +0.0191% | 1h | 0.4542 | −0.058% | $151K | $1.0M | 25x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0219% / S −0.0967% | 1h | 0.4540 | −0.110% | $4K | — | 100x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4540 | −0.102% | $4.8M | $918K | 75x | as long as short |
| Lighter WLD | +0.0256% | 1h | 0.4540 | −0.102% | $4.9M | $2.9M | 10x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0488% | 1h | 0.4543 | −0.036% | $273K | $1.7M | 50x | as long as short |
| Hyperliquid WLD | +0.0793% | 1h | 0.4544 | −0.018% | $49.8M | $44.8M | 10x | as long as short |
| Kraken Futures PF_WLDUSDlong | +0.1042% | 1h | 0.4545 | long leg | $865K | $2.9M | 50x |
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
Aevo WLD-PERP
Injective WLD/USDC PERP
Reya WLDRUSDPERP
Phoenix WLD
01 Exchange WLDUSD
Deribit WLD_USDC-PERPETUAL
GMX WLD/USD [ETH-USDC]
BloFin WLD-USDT
Lighter WLD
Coinbase International WLD-PERP-INTX
Hyperliquid WLD