Funding you earn now, next payment 01:00 UTC+0.0356%/8h= +39.0% APRpaid last 24h +0.064%
Price spread now: Coinbase International against OKX+0.990%55s7-day average +0.095% · you sell dearer than you buy
Net, funding: paid 7d − costs−$53as 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−$640.643% of the position
Funding, last 7 days+0.108%+$11 on $10k
+Price spread, last 3 days (all we have)−0.930%−$93 · spread now +0.990%, 7d avg +0.095%
=Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Coinbase International is 0.896% dearer against OKX than usual: you sell high and buy low: +$90 more if the spread goes back to its 7-day average of +0.095%. The two prices were read 55 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 0.108% in total (about 5.6% a year). A funding rate is set anew for every payment. 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 | OKX WLD-USDT-SWAP | 0.4645 | 0.0100 | pay 0.0100% / 8h | 6h 42m | $35.2M | $151.0M | 50x |
| Short | Coinbase International WLD-PERP-INTX | 0.4691 | 0.0456 | get 0.0057% / 1h | 42m 28s | $277K | $1.7M | 50x |
OKX WLD-USDT-SWAP
Coinbase International WLD-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- $74.76
- Price spread: +0.990% → +0.095%
- $89.58
- Slippage, 4 orders
- −$44.28
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $100.06
- Costs to cover
- 0.643%
- Break-even
- from the start
Slippage from OKX: live order book, 2 min ago; Coinbase International: live order book, 1 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, 2 min ago | 1.07 bp | 10.8 bp −$11 | 22.7 bp −$227 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 1 min ago | 8.54 bp | 21.7 bp −$22 | 26.9 bp −$269 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective WLD/USDC PERP | −0.0235% | 1h | 0.4675 | +0.646% | $6K | $185K | 5.5x | as long as short |
| Kalshi KXWLDPERP | −0.0156% | 8h | 0.4686 | +0.883% | $26K | $4.2M | 1.7x | as long as short |
| KuCoin WLDUSDTM | −0.0040% | 8h | 0.4645 | 0.000% | $7.0M | $11.4M | 50x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4638 | −0.155% | $158K | $19K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4673 | +0.603% | $131K | $909K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4646 | +0.019% | $66K | — | 150x | as long as short |
| Nado WLD-PERP | +0.0008% | 1h | 0.4648 | +0.075% | $270K | $178K | 5x | as long as short |
| ApeX Omni WLDUSDT | +0.0029% | 1h | 0.4699 | +1.163% | $51K | $241K | 50x | as long as short |
| Orderly PERP_WLD_USDC | +0.0055% | 8h | 0.4646 | +0.022% | $28K | $898K | 10x | as long as short |
| Phoenix WLD | +0.0068% | 1h | 0.4686 | +0.881% | $5K | $54K | 10x | as long as short |
Injective WLD/USDC PERP
Kalshi KXWLDPERP
KuCoin WLDUSDTM
dYdX WLD-USD
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
Nado WLD-PERP
ApeX Omni WLDUSDT
Orderly PERP_WLD_USDC
Phoenix WLDShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster WLDUSDT | +0.0100% | 8h | 0.4649 | +0.093% | $178K | $1.0M | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4641 | −0.084% | $56K | $493K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4644 | −0.022% | $88.7M | $320.6M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4644 | −0.022% | $66.6M | $86.1M | 50x | as long as short |
| OKX WLD-USDT-SWAPlong | +0.0100% | 8h | 0.4645 | long leg | $35.2M | $151.0M | 50x | |
| Gate WLD_USDT | +0.0100% | 8h | 0.4642 | −0.065% | $7.4M | $36.9M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4646 | +0.022% | $46.9M | $54.8M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4644 | −0.022% | $31.0M | $28.6M | 75x | as long as short |
| BingX WLD-USDC | +0.0100% | 8h | 0.4645 | 0.000% | — | $1.3M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4664 | +0.420% | $139K | $288K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4677 | +0.684% | $2.1M | $1.7M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4700 | +1.175% | $28K | $319K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4683 | +0.819% | $620K | $1.9M | 10x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4648 | +0.073% | $59K | $2.0M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4680 | +0.753% | $23K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4672 | +0.581% | $221 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4682 | +0.797% | $886K | $1.9M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4671 | +0.560% | $1.9M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4640 | −0.100% | $214K | $888K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4647 | +0.054% | $32K | $600 | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4646 | +0.017% | — | — | 20x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4719 | +1.593% | $5.0M | $878K | 75x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0239% / S −0.1538% | 1h | 0.4646 | +0.017% | $6K | — | 100x | as long as short |
| 01 Exchange WLDUSD | +0.0312% | 1h | 0.4648 | +0.056% | $333 | $77 | 5x | as long as short |
| Coinbase International WLD-PERP-INTXshort | +0.0456% | 1h | 0.4691 | +0.990% | $277K | $1.7M | 50x | |
| Kraken Futures PF_WLDUSD | +0.0640% | 1h | 0.4675 | +0.636% | $928K | $2.8M | 50x | as long as short |
| Hyperliquid WLD | +0.0661% | 1h | 0.4655 | +0.211% | $52.1M | $44.6M | 10x | as long as short |
| Lighter WLD | +0.0864% | 1h | 0.4648 | +0.069% | $5.3M | $2.1M | 10x | as long as short |
Aster WLDUSDT
Pacifica WLD
Binance WLDUSDT
Bybit WLDUSDT
Gate WLD_USDT
MEXC WLD_USDT
Bitget WLDUSDT
BingX WLD-USDC
Backpack WLD_USDC_PERP
Variational Omni WLD
edgeX WLDUSDC
GRVT WLD_USDT_Perp
Polymarket Perps WLD-USD
SunX WLD-USDT
SoDEX WLD-USD
HTX WLD-USDT
Phemex WLDUSDT
Extended WLD-USD
Aevo WLD-PERP
Reya WLDRUSDPERP
BloFin WLD-USDT
GMX WLD/USD [ETH-USDC]
01 Exchange WLDUSD
Kraken Futures PF_WLDUSD
Hyperliquid WLD
Lighter WLD