Funding you earn now, next payment 03:00 UTC+0.0915%/8h= +100.2% APRnext payment +$1.14 per $10,000 · paid last 24h +0.042%
Price spread now: Kraken Futures against Nado+0.217%7-day average +0.073% · 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−$52as in the Price arb table
costs, in and out, $10k−$660.661% of the position
Funding, last 3 days (all we have)+0.076%+$8 on $10k
+Price spread, last 4 days (all we have)+0.607%+$61 · spread now +0.217%, 7d avg +0.073%
=Together, before fees+0.683%+ Points / potential airdropNado: Active · farm board+$68 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$27 a day on $10k at the current rate, and Kraken Futures is 0.144% dearer against Nado than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of +0.073%.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.076% in total (about 8.3% 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 | Nado WLD-PERP | 0.4556 | −0.0008 | get 0.0001% / 1h | 3m 58s | $241K | $205K | 5x |
| Short | Kraken Futures PF_WLDUSD | 0.4566 | 0.0907 | get 0.0113% / 1h | 3m 58s | $884K | $2.9M | 50x |
Nado WLD-PERP
Kraken Futures PF_WLDUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Nado. 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
- $192.12
- Price spread: +0.217% → +0.073%
- $14.41
- Slippage, 4 orders
- −$49.12
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $140.41
- Costs to cover
- 0.661%
- Break-even
- 1.9 days
Slippage from Nado: live order book, 59 min ago; Kraken Futures: live order book, 5 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 Nado live order book, 59 min ago | 7.36 bp | 14.7 bp −$15 | 33.6 bp −$336 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 5 min ago | 7.63 bp | 16.9 bp −$17 | 28.8 bp −$288 | 1037.2 bp −$103.7K | 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 | −0.0116% | 8h | 0.4562 | +0.132% | $55K | $4.6M | 1.7x | as long as short |
| KuCoin WLDUSDTM | −0.0027% | 8h | 0.4560 | +0.088% | $6.9M | $11.7M | 50x | as long as short |
| Nado WLD-PERPlong | −0.0008% | 1h | 0.4556 | long leg | $241K | $205K | 5x | |
| dYdX WLD-USD | 0.0000% | 1h | 0.4562 | +0.134% | $162K | $26K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4561 | +0.110% | $115K | $923K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4561 | +0.108% | $55K | — | 150x | as long as short |
| 01 Exchange WLDUSD | +0.0040% | 1h | 0.4559 | +0.066% | $326 | $80 | 5x | as long as short |
| Orderly PERP_WLD_USDC | +0.0079% | 8h | 0.4560 | +0.088% | $28K | $890K | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4562 | +0.138% | $181K | $1.1M | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4564 | +0.177% | $49K | $522K | 5x | as long as short |
Kalshi KXWLDPERP
KuCoin WLDUSDTM
dYdX WLD-USD
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
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 | 0.4563 | +0.154% | $86.8M | $328.2M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4563 | +0.154% | $65.1M | $88.9M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4562 | +0.132% | $34.1M | $148.7M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4560 | +0.088% | $7.1M | $37.3M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4560 | +0.088% | $44.2M | $55.1M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4563 | +0.154% | $30.1M | $30.1M | 75x | as long as short |
| BingX WLD-USDT | +0.0100% | 8h | 0.4557 | +0.022% | — | $67.3M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4562 | +0.125% | $136K | $298K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4559 | +0.057% | $2.1M | $1.7M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4578 | +0.487% | $27K | $319K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4596 | +0.878% | $605K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4590 | +0.746% | $50K | $236K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4556 | +0.009% | $46K | $2.1M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4564 | +0.176% | $23K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4560 | +0.088% | $174 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4554 | −0.044% | $833K | $1.9M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4563 | +0.154% | $1.8M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4560 | +0.095% | $227K | $974K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4561 | +0.113% | $31K | $600 | 3x | as long as short |
| Lighter WLD | +0.0128% | 1h | 0.4569 | +0.288% | $4.9M | $2.4M | 10x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4556 | −0.006% | — | — | 20x | as long as short |
| Phoenix WLD | +0.0172% | 1h | 0.4593 | +0.808% | $5K | $57K | 10x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4568 | +0.263% | $4.9M | $842K | 75x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0229% / S −0.1268% | 1h | 0.4561 | +0.105% | $5K | — | 100x | as long as short |
| Hyperliquid WLD | +0.0430% | 1h | 0.4567 | +0.237% | $50.1M | $43.2M | 10x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0480% | 1h | 0.4574 | +0.395% | $270K | $1.7M | 50x | as long as short |
| Injective WLD/USDC PERP | +0.0677% | 1h | 0.4636 | +1.756% | $6K | $185K | 5.5x | as long as short |
| Kraken Futures PF_WLDUSDshort | +0.0907% | 1h | 0.4566 | +0.217% | $884K | $2.9M | 50x |
Binance WLDUSDT
Bybit WLDUSDT
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
Lighter WLD
Reya WLDRUSDPERP
Phoenix WLD
BloFin WLD-USDT
GMX WLD/USD [ETH-USDC]
Hyperliquid WLD
Coinbase International WLD-PERP-INTX
Injective WLD/USDC PERP