Funding you earn now, next payment 00:00 UTC−0.0080%/8h= −8.8% APRnext payment −$0.80 per $10,000 · paid last 24h +0.001%
Price spread now: KuCoin against OKX−0.087%7-day average +0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$550.551% of the position
Funding, last 7 days+0.022%+$2 on $10k
+Price spread, last 7 days+0.109%+$11 · spread now −0.087%, 7d avg +0.017%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and KuCoin is 0.104% cheaper against OKX than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of +0.017%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX WLD-USDT-SWAP | 0.4588 | 0.0100 | pay 0.0100% / 8h | 38m 32s | $34.2M | $142.8M | 50x |
| Short | KuCoin WLDUSDTM | 0.4584 | 0.0020 | get 0.0020% / 8h | 38m 32s | $7.0M | $10.9M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$16.8
- Price spread: −0.087% → +0.017%
- −$10.39
- Slippage, 4 orders
- −$33.1
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$82.29
- Costs to cover
- 0.551%
- Break-even
- never at this rate
Slippage from OKX: live order book, 5 min ago; KuCoin: 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 OKX live order book, 5 min ago | 1.08 bp | 6.5 bp −$6 | 13.8 bp −$138 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 2.17 bp | 16.1 bp −$16 | 36.9 bp −$369 | 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 | −0.0222% | 8h | 0.4604 | +0.349% | $48K | $3.9M | 1.7x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4587 | −0.023% | $164K | $13K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4593 | +0.109% | $112K | $883K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4592 | +0.093% | $57K | — | 150x | as long as short |
| Orderly PERP_WLD_USDC | +0.0020% | 8h | 0.4592 | +0.087% | $28K | $909K | 10x | as long as short |
| KuCoin WLDUSDTMshort | +0.0020% | 8h | 0.4584 | −0.087% | $7.0M | $10.9M | 50x | |
| Nado WLD-PERP | +0.0067% | 1h | 0.4585 | −0.065% | $276K | $169K | 5x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4589 | +0.024% | $190K | $1.0M | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4588 | −0.006% | $53K | $483K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4589 | +0.027% | $86.7M | $300.8M | 75x | as long as short |
Show all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit WLDUSDT | +0.0100% | 8h | 0.4588 | 0.000% | $65.7M | $82.6M | 50x | as long as short |
| OKX WLD-USDT-SWAPlong | +0.0100% | 8h | 0.4588 | long leg | $34.2M | $142.8M | 50x | |
| Gate WLD_USDT | +0.0100% | 8h | 0.4586 | −0.044% | $7.5M | $35.5M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4587 | −0.022% | $46.1M | $52.5M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4585 | −0.065% | $30.2M | $25.7M | 75x | as long as short |
| BingX WLD-USDC | +0.0100% | 8h | 0.4588 | 0.000% | — | $1.3M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4590 | +0.037% | $130K | $270K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4603 | +0.325% | $2.1M | $1.6M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4602 | +0.301% | $27K | $316K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4604 | +0.357% | $621K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4606 | +0.392% | $55K | $228K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4591 | +0.070% | $45K | $1.6M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4599 | +0.240% | $23K | $1.5M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4592 | +0.087% | $206 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4587 | −0.022% | $855K | $1.8M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4592 | +0.087% | $1.8M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4586 | −0.050% | $234K | $845K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4594 | +0.141% | $31K | $5K | 3x | as long as short |
| Phoenix WLD | +0.0104% | 1h | 0.4602 | +0.305% | $5K | $53K | 10x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4586 | −0.034% | — | — | 20x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4591 | +0.065% | $4.9M | $825K | 75x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0229% / S −0.1268% | 1h | 0.4592 | +0.095% | $5K | — | 100x | as long as short |
| 01 Exchange WLDUSD | +0.0296% | 1h | 0.4592 | +0.089% | $329 | $77 | 5x | as long as short |
| Injective WLD/USDC PERP | +0.0373% | 1h | 0.4612 | +0.523% | $6K | $185K | 5.5x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0440% | 1h | 0.4594 | +0.131% | $272K | $1.6M | 50x | as long as short |
| Hyperliquid WLD | +0.0593% | 1h | 0.4594 | +0.131% | $49.9M | $43.0M | 10x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0716% | 1h | 0.4595 | +0.152% | $914K | $2.6M | 50x | as long as short |
| Lighter WLD | +0.1552% | 1h | 0.4599 | +0.238% | $5.2M | $2.0M | 10x | as long as short |
OKX WLD-USDT-SWAP
KuCoin WLDUSDTM
Kalshi KXWLDPERP
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
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
ApeX Omni WLDUSDT
Polymarket Perps WLD-USD
SunX WLD-USDT
SoDEX WLD-USD
HTX WLD-USDT
Phemex WLDUSDT
Extended WLD-USD
Phoenix WLD
BloFin WLD-USDT
GMX WLD/USD [ETH-USDC]
01 Exchange WLDUSD
Injective WLD/USDC PERP
Coinbase International WLD-PERP-INTX
Hyperliquid WLD
Kraken Futures PF_WLDUSD
Lighter WLD