Funding you earn now, next payment 00:00 UTC−0.0649%/8h= −71.1% APRnext payment −$0.81 per $10,000 · paid last 24h −0.009%
Price spread now: Nado against Kraken Futures+0.060%46s7-day average −0.070% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$710.706% of the position
Funding, last 3 days (all we have)−0.055%−$6 on $10k
+Price spread, last 3 days (all we have)−0.334%−$33 · spread now +0.060%, 7d avg −0.070%
=Together, before fees−0.389%+ Points / potential airdropNado: Active · farm board−$39 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Nado is 0.130% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.060% now, against its 7-day average of −0.070%): +$13 on $10k if it goes back. Holding the pair costs −$19 a day in funding at the current rate, which eats that in about 16 hours. At the pace of the last 3 days (−0.055% in total) that is about 7.5 days. The two prices were read 46 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 3 days it paid -0.055% in total (about -6.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.81 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 | 0.4600 | 0.0715 | pay 0.0089% / 1h | 41m 38s | $915K | $2.6M | 50x |
| Short | Nado WLD-PERP | 0.4603 | 0.0066 | get 0.0008% / 1h | 41m 38s | $277K | $168K | 5x |
Kraken Futures PF_WLDUSD
Nado WLD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado 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
- −$136.26
- Price spread: +0.060% → −0.070%
- $13
- Slippage, 4 orders
- −$53.55
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$193.81
- Costs to cover
- 0.706%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 2 min ago; Nado: live order book, 36 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 | 5.42 bp | 23.8 bp −$24 | 38.2 bp −$382 | doesn't fit | doesn't fit |
| Sell Nado live order book, 36 min ago | 7.55 bp | 11.5 bp −$11 | 52.4 bp −$524 | 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 | −0.0228% | 8h | 0.4606 | +0.125% | $48K | $3.9M | 1.7x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4598 | −0.040% | $164K | $13K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4597 | −0.071% | $112K | $883K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4598 | −0.044% | $57K | — | 150x | as long as short |
| Orderly PERP_WLD_USDC | +0.0017% | 8h | 0.4595 | −0.114% | $28K | $909K | 10x | as long as short |
| KuCoin WLDUSDTM | +0.0020% | 8h | 0.4596 | −0.092% | $7.0M | $10.9M | 50x | as long as short |
| Nado WLD-PERPshort | +0.0066% | 1h | 0.4603 | +0.060% | $277K | $168K | 5x | |
| Aster WLDUSDT | +0.0100% | 8h | 0.4600 | −0.013% | $190K | $1.0M | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4599 | −0.019% | $53K | $483K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4605 | +0.098% | $87.2M | $300.3M | 75x | as long as short |
Kalshi KXWLDPERP
dYdX WLD-USD
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
Orderly PERP_WLD_USDC
KuCoin WLDUSDTM
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 | 0.4605 | +0.103% | $66.0M | $82.5M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4605 | +0.103% | $34.3M | $143.2M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4599 | −0.027% | $7.5M | $35.4M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4599 | −0.027% | $46.4M | $52.4M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4602 | +0.038% | $30.3M | $25.7M | 75x | as long as short |
| BingX WLD-USDC | +0.0100% | 8h | 0.4601 | +0.016% | — | $1.3M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4598 | −0.040% | $129K | $270K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4646 | +0.993% | $2.1M | $1.6M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4634 | +0.739% | $27K | $318K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4609 | +0.193% | $622K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4631 | +0.668% | $55K | $228K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4600 | +0.001% | $44K | $1.6M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4601 | +0.016% | $23K | $1.5M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4596 | −0.092% | $210 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4594 | −0.136% | $856K | $1.8M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4598 | −0.049% | $1.8M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4601 | +0.009% | $236K | $843K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4597 | −0.082% | $31K | $5K | 3x | as long as short |
| Phoenix WLD | +0.0104% | 1h | 0.4654 | +1.160% | $5K | $53K | 10x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4595 | −0.116% | — | — | 20x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4612 | +0.255% | $4.9M | $829K | 75x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0229% / S −0.1268% | 1h | 0.4597 | −0.067% | $5K | — | 100x | as long as short |
| 01 Exchange WLDUSD | +0.0296% | 1h | 0.4605 | +0.105% | $329 | $77 | 5x | as long as short |
| Injective WLD/USDC PERP | +0.0373% | 1h | 0.4612 | +0.255% | $6K | $185K | 5.5x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0440% | 1h | 0.4600 | −0.005% | $272K | $1.6M | 50x | as long as short |
| Hyperliquid WLD | +0.0632% | 1h | 0.4602 | +0.027% | $50.0M | $43.1M | 10x | as long as short |
| Kraken Futures PF_WLDUSDlong | +0.0715% | 1h | 0.4600 | long leg | $915K | $2.6M | 50x | |
| Lighter WLD | +0.1640% | 1h | 0.4612 | +0.247% | $5.2M | $2.0M | 10x | as long as short |
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
ApeX Omni WLDUSDT
Polymarket Perps WLD-USD
SunX WLD-USDT
SoDEX WLD-USD
HTX WLD-USDT
Phemex WLDUSDT
Extended WLD-USD
Aevo WLD-PERP
Phoenix WLD
Reya WLDRUSDPERP
BloFin WLD-USDT
GMX WLD/USD [ETH-USDC]
01 Exchange WLDUSD
Injective WLD/USDC PERP
Coinbase International WLD-PERP-INTX
Hyperliquid WLD
Lighter WLD