Funding you earn now, next payment 07:00 UTC−0.0915%/8h= −100.1% APRnext payment −$1.14 per $10,000 · paid last 24h −0.017%
Price spread now: Injective against Kraken Futures+1.314%63s7-day average +0.165% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.147%−$15 on $10k
+Price spread, last 4 days (all we have)−1.289%−$129 · spread now +1.314%, 7d avg +0.165%
=The price spread pays, funding is against you. Injective is 1.149% dearer against Kraken Futures than usual: you sell high and buy low (spread +1.314% now, against its 7-day average of +0.165%): +$115 on $10k if it goes back. Holding the pair costs −$27 a day in funding at the current rate, which eats that in about 4.2 days. At the pace of the last 7 days (−0.147% in total) that is about 55 days. The two prices were read 63 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 -0.147% in total (about -7.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.14 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 | 0.4522 | 0.1047 | pay 0.0131% / 1h | 30m 07s | $868K | $2.9M | 50x |
| Short | Injective WLD/USDC PERP | 0.4581 | 0.0132 | get 0.0017% / 1h | 30m 07s | $6K | $185K | 5.5x |
Kraken Futures PF_WLDUSD
Injective WLD/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$192.05
- Price spread: +1.314% → +0.165%
- $114.89
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$87.19
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Kraken Futures: live order book, 4 min ago; Injective: live order book, 44 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 Kraken Futures live order book, 4 min ago | 7.74 bp | 16.0 bp −$16 | 32.9 bp −$329 | doesn't fit | doesn't fit |
| Sell Injective live order book, 44 min ago | 59.67 bp | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX WLD-USD | 0.0000% | 1h | 0.4516 | −0.130% | $154K | $33K | 10x | as long as short |
| Kalshi KXWLDPERP | 0.0000% | 8h | 0.4516 | −0.124% | $55K | $4.8M | 1.7x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4517 | −0.102% | $65K | — | 150x | as long as short |
| Nado WLD-PERP | +0.0018% | 1h | 0.4514 | −0.157% | $238K | $170K | 5x | as long as short |
| KuCoin WLDUSDTM | +0.0088% | 8h | 0.4519 | −0.057% | $6.7M | $11.8M | 50x | as long as short |
| Orderly PERP_WLD_USDC | +0.0099% | 8h | 0.4518 | −0.079% | $27K | $786K | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4521 | −0.010% | $226K | $1.1M | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4516 | −0.117% | $50K | $541K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4520 | −0.040% | $86.1M | $338.5M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4518 | −0.079% | $64.5M | $90.7M | 50x | as long as short |
dYdX WLD-USD
Kalshi KXWLDPERP
gTrade (Gains Network) WLD/USD
Nado WLD-PERP
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 | 0.4520 | −0.035% | $34.2M | $153.3M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4520 | −0.035% | $7.1M | $36.3M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4521 | −0.013% | $39.9M | $57.4M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4520 | −0.035% | $29.8M | $31.1M | 75x | as long as short |
| BingX WLD-USDT | +0.0100% | 8h | 0.4521 | −0.013% | — | $70.0M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4521 | −0.013% | $134K | $296K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4516 | −0.130% | $2.0M | $1.6M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4516 | −0.130% | $27K | $321K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4521 | −0.023% | $604K | $2.1M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4521 | −0.013% | $48K | $239K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4515 | −0.157% | $47K | $2.6M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4521 | −0.013% | $23K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4518 | −0.079% | $220 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4515 | −0.146% | $825K | $1.7M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4523 | +0.031% | $1.8M | $3.6M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4515 | −0.137% | $208K | $1.0M | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4519 | −0.059% | $31K | $500 | 3x | as long as short |
| Injective WLD/USDC PERPshort | +0.0132% | 1h | 0.4581 | +1.314% | $6K | $185K | 5.5x | |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4515 | −0.156% | — | — | 20x | as long as short |
| 01 Exchange WLDUSD | +0.0136% | 1h | 0.4516 | −0.130% | $323 | $55 | 5x | as long as short |
| Lighter WLD | +0.0152% | 1h | 0.4524 | +0.051% | $4.9M | $2.9M | 10x | as long as short |
| Phoenix WLD | +0.0158% | 1h | 0.4525 | +0.067% | $5K | $44K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | +0.0193% | 1h | 0.4519 | −0.057% | $150K | $967K | 25x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0219% / S −0.0967% | 1h | 0.4519 | −0.053% | $4K | — | 100x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4516 | −0.124% | $4.8M | $918K | 75x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0488% | 1h | 0.4525 | +0.075% | $273K | $1.6M | 50x | as long as short |
| Hyperliquid WLD | +0.0580% | 1h | 0.4527 | +0.120% | $49.6M | $44.2M | 10x | as long as short |
| Kraken Futures PF_WLDUSDlong | +0.1047% | 1h | 0.4522 | long leg | $868K | $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
Extended WLD-USD
Aevo WLD-PERP
Reya WLDRUSDPERP
01 Exchange WLDUSD
Lighter WLD
Phoenix WLD
Deribit WLD_USDC-PERPETUAL
GMX WLD/USD [ETH-USDC]
BloFin WLD-USDT
Coinbase International WLD-PERP-INTX
Hyperliquid WLD