Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.033%
Price spread now: BloFin against OKX+0.066%113s7-day average +0.045% · you sell dearer than you buy
Net, funding: paid 7d − costs−$16as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$410.407% of the position
Funding, last 7 days+0.242%+$24 on $10k
+Price spread, last 4 days (all we have)+0.236%+$24 · spread now +0.066%, 7d avg +0.045%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.021% dearer against OKX than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.045%. The two prices were read 113 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX WLD-USDT-SWAP | 0.4534 | 0.0100 | pay 0.0100% / 8h | 3h 19m | $34.2M | $151.0M | 50x |
| Short | BloFin WLD-USDT | 0.4537 | 0.0220 | get 0.0220% / 8h | 3h 19m | $4.9M | $881K | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against OKX. 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
- $25.2
- Price spread: +0.066% → +0.045%
- $2.14
- Slippage, 4 orders
- −$18.68
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$13.34
- Costs to cover
- 0.407%
- Break-even
- 10.7 days
Slippage from OKX: live order book, 5 min ago; BloFin: 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 OKX live order book, 5 min ago | 1.10 bp | 9.2 bp −$9 | 20.2 bp −$202 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 4 min ago | 3.31 bp | 11.0 bp −$11 | 13.4 bp −$134 | 26.1 bp −$2,608 | 90.1 bp −$45.1K |
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 | −0.0026% | 1h | 0.4536 | +0.055% | $240K | $205K | 5x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4541 | +0.158% | $155K | $33K | 10x | as long as short |
| Kalshi KXWLDPERP | 0.0000% | 8h | 0.4552 | +0.397% | $75K | $4.7M | 1.7x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4535 | +0.021% | $65K | — | 150x | as long as short |
| KuCoin WLDUSDTM | +0.0030% | 8h | 0.4536 | +0.044% | $6.8M | $11.7M | 50x | as long as short |
| Orderly PERP_WLD_USDC | +0.0100% | 8h | 0.4534 | 0.000% | $28K | $868K | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4536 | +0.039% | $212K | $1.1M | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4538 | +0.088% | $51K | $526K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4534 | 0.000% | $86.4M | $330.9M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4534 | 0.000% | $64.5M | $90.1M | 50x | as long as short |
Show all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX WLD-USDT-SWAPlong | +0.0100% | 8h | 0.4534 | long leg | $34.2M | $151.0M | 50x | |
| Gate WLD_USDT | +0.0100% | 8h | 0.4534 | 0.000% | $7.2M | $36.7M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4534 | 0.000% | $40.1M | $55.2M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4533 | −0.022% | $29.9M | $30.2M | 75x | as long as short |
| BingX WLD-USDT | +0.0100% | 8h | 0.4534 | 0.000% | — | $67.8M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4546 | +0.269% | $135K | $304K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4540 | +0.126% | $2.1M | $1.7M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4538 | +0.078% | $27K | $320K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4541 | +0.154% | $598K | $2.0M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4544 | +0.221% | $43K | $238K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4534 | +0.009% | $39K | $2.1M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4556 | +0.485% | $23K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4550 | +0.353% | $203 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4544 | +0.221% | $831K | $1.8M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4549 | +0.331% | $1.8M | $3.6M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4533 | −0.011% | $216K | $984K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4534 | −0.006% | $31K | $600 | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4534 | −0.005% | — | — | 20x | as long as short |
| Injective WLD/USDC PERP | +0.0142% | 1h | 0.4576 | +0.926% | $6K | $185K | 5.5x | as long as short |
| Phoenix WLD | +0.0157% | 1h | 0.4526 | −0.176% | $5K | $52K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | +0.0189% | 1h | 0.4553 | +0.419% | $122K | $981K | 25x | as long as short |
| BloFin WLD-USDTshort | +0.0220% | 8h | 0.4537 | +0.066% | $4.9M | $881K | 75x | |
| GMX WLD/USD [ETH-USDC] | L +0.0229% / S −0.1268% | 1h | 0.4534 | −0.009% | $5K | — | 100x | as long as short |
| 01 Exchange WLDUSD | +0.0288% | 1h | 0.4541 | +0.148% | $325 | $55 | 5x | as long as short |
| Hyperliquid WLD | +0.0354% | 1h | 0.4541 | +0.157% | $49.7M | $43.5M | 10x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0521% | 1h | 0.4554 | +0.439% | $883K | $2.9M | 50x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0560% | 1h | 0.4554 | +0.441% | $267K | $1.6M | 50x | as long as short |
| Lighter WLD | +0.0824% | 1h | 0.4547 | +0.291% | $5.2M | $2.6M | 10x | as long as short |
OKX WLD-USDT-SWAP
BloFin WLD-USDT
Kalshi KXWLDPERP
gTrade (Gains Network) WLD/USD
KuCoin WLDUSDTM
Aster WLDUSDT
Pacifica WLD
Binance WLDUSDT
Bybit WLDUSDT
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
Injective WLD/USDC PERP
Phoenix WLD
Deribit WLD_USDC-PERPETUAL
GMX WLD/USD [ETH-USDC]
01 Exchange WLDUSD
Hyperliquid WLD
Kraken Futures PF_WLDUSD
Coinbase International WLD-PERP-INTX
Lighter WLD