Funding you earn now, next payment 04:00 UTC−0.0379%/8h= −41.5% APRnext payment −$0.47 per $10,000 · paid last 24h −0.022%
Price spread now: Pacifica against Kraken Futures+0.061%7-day average −0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$590.588% of the position
Funding, last 7 days−0.047%−$5 on $10k
+Price spread, last 4 days (all we have)−0.379%−$38 · spread now +0.061%, 7d avg −0.021%
=Together, before fees−0.427%+ Points / potential airdropPacifica: Active · farm board−$43 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Pacifica is 0.082% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.061% now, against its 7-day average of −0.021%): +$8 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 17 hours. At the pace of the last 7 days (−0.047% in total) that is about 12 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.047% in total (about -2.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.47 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 | 0.4581 | 0.0479 | pay 0.0060% / 1h | 19m 51s | $884K | $2.8M | 50x |
| Short | Pacifica WLD | 0.4584 | 0.0100 | get 0.0013% / 1h | 19m 51s | $49K | $527K | 5x |
Kraken Futures PF_WLDUSD
Pacifica WLDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica 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
- −$79.6
- Price spread: +0.061% → −0.021%
- $8.23
- Slippage, 4 orders
- −$40.75
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$130.13
- Costs to cover
- 0.588%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 4 min ago; Pacifica: live order book, 39 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 | 5.45 bp | 17.8 bp −$18 | 29.3 bp −$293 | doesn't fit | doesn't fit |
| Sell Pacifica live order book, 39 min ago | 1.10 bp | 12.2 bp −$12 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Nado WLD-PERP | −0.0040% | 1h | 0.4581 | −0.007% | $243K | $205K | 5x | as long as short |
| KuCoin WLDUSDTM | −0.0007% | 8h | 0.4580 | −0.018% | $7.0M | $11.6M | 50x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4580 | −0.016% | $156K | $33K | 10x | as long as short |
| Kalshi KXWLDPERP | 0.0000% | 8h | 0.4579 | −0.040% | $46K | $4.6M | 1.7x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4580 | −0.018% | $118K | $942K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4579 | −0.033% | $66K | — | 150x | as long as short |
| Injective WLD/USDC PERP | +0.0014% | 1h | 0.4544 | −0.804% | $6K | $185K | 5.5x | as long as short |
| Orderly PERP_WLD_USDC | +0.0094% | 8h | 0.4578 | −0.062% | $28K | $886K | 10x | as long as short |
| Lighter WLD | +0.0096% | 1h | 0.4585 | +0.100% | $4.9M | $2.4M | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4581 | 0.000% | $211K | $1.1M | 50x | as long as short |
Nado WLD-PERP
KuCoin WLDUSDTM
dYdX WLD-USD
Kalshi KXWLDPERP
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
Injective WLD/USDC PERP
Orderly PERP_WLD_USDC
Lighter WLD
Aster WLDUSDTShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica WLDshort | +0.0100% | 1h | 0.4584 | +0.061% | $49K | $527K | 5x | |
| Binance WLDUSDT | +0.0100% | 8h | 0.4578 | −0.054% | $86.8M | $328.3M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4577 | −0.084% | $65.1M | $89.2M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4578 | −0.062% | $34.3M | $149.7M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4578 | −0.062% | $7.2M | $37.0M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4579 | −0.040% | $44.0M | $54.4M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4576 | −0.106% | $30.2M | $30.2M | 75x | as long as short |
| BingX WLD-USDC | +0.0100% | 8h | 0.4581 | +0.004% | — | $1.3M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4579 | −0.038% | $137K | $300K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4579 | −0.048% | $2.1M | $1.7M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4586 | +0.122% | $27K | $319K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4593 | +0.266% | $604K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4598 | +0.375% | $43K | $239K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4577 | −0.095% | $40K | $2.1M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4584 | +0.069% | $23K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4579 | −0.040% | $170 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4579 | −0.040% | $837K | $1.8M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4579 | −0.040% | $1.8M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4578 | −0.056% | $221K | $981K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4580 | −0.029% | $31K | $600 | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4576 | −0.101% | — | — | 20x | as long as short |
| 01 Exchange WLDUSD | +0.0144% | 1h | 0.4580 | −0.014% | $328 | $80 | 5x | as long as short |
| Phoenix WLD | +0.0158% | 1h | 0.4598 | +0.368% | $5K | $52K | 10x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4583 | +0.047% | $4.8M | $832K | 75x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0229% / S −0.1268% | 1h | 0.4578 | −0.055% | $5K | — | 100x | as long as short |
| Hyperliquid WLD | +0.0332% | 1h | 0.4583 | +0.045% | $50.3M | $43.3M | 10x | as long as short |
| Kraken Futures PF_WLDUSDlong | +0.0479% | 1h | 0.4581 | long leg | $884K | $2.8M | 50x | |
| Coinbase International WLD-PERP-INTX | +0.0496% | 1h | 0.4593 | +0.266% | $269K | $1.7M | 50x | as long as short |
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
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
Phoenix WLD
BloFin WLD-USDT
GMX WLD/USD [ETH-USDC]
Hyperliquid WLD
Coinbase International WLD-PERP-INTX