Funding you earn now, next payment 10:00 UTC+0.0244%/8h= +26.7% APRnext payment +$0.30 per $10,000 · paid last 24h +0.084%
Price spread now: Coinbase International against Pacifica−0.045%7-day average +0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$77as in the Price arb table
costs, in and out, $10k−$690.688% of the position
Funding, last 7 days+0.063%+$6 on $10k
+Price spread, last 4 days (all we have)+0.086%+$9 · spread now −0.045%, 7d avg +0.036%
=Together, before fees+0.149%+ Points / potential airdropPacifica: Active · farm board+$15 on $10k · with fees, hour by hour
Funding pays, the price is against you. Coinbase International is 0.081% cheaper against Pacifica than usual: you would sell low and buy high (spread −0.045% now, against its 7-day average of +0.036%). If the spread goes back, that is −$8 on $10k: about 27 hours of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.063% in total) that is about 9.1 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.063% in total (about 3.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.30 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica WLD | 0.4439 | 0.0100 | pay 0.0013% / 1h | 29m 34s | $59K | $506K | 5x |
| Short | Coinbase International WLD-PERP-INTX | 0.4437 | 0.0344 | get 0.0043% / 1h | 29m 34s | $270K | $965K | 50x |
Pacifica WLD
Coinbase International WLD-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Pacifica. 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
- $51.24
- Price spread: −0.045% → +0.036%
- −$8.14
- Slippage, 4 orders
- −$50.78
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$25.68
- Costs to cover
- 0.688%
- Break-even
- 10.5 days
Slippage from Pacifica: live order book, 17 min ago; Coinbase International: live order book, 32 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 Pacifica live order book, 17 min ago | 2.24 bp | 11.1 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 32 min ago | 5.57 bp | 16.5 bp −$17 | 21.3 bp −$213 | doesn't fit | doesn't fit |
WLD on 38 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps WLD-USD | −0.0431% | 1h | 0.4435 | −0.095% | $42K | $2.7M | 10x | as long as short |
| Kraken Futures PF_WLDUSD | −0.0194% | 1h | 0.4437 | −0.046% | $845K | $2.6M | 50x | as long as short |
| 01 Exchange WLDUSD | −0.0192% | 1h | 0.4441 | +0.047% | $318 | $55 | 5x | as long as short |
| Bybit WLDUSDT | −0.0160% | 8h | 0.4437 | −0.045% | $63.1M | $85.1M | 50x | as long as short |
| Nado WLD-PERP | −0.0145% | 1h | 0.4438 | −0.011% | $232K | $158K | 5x | as long as short |
| Gate WLD_USDT | −0.0104% | 8h | 0.4438 | −0.023% | $7.0M | $31.5M | 75x | as long as short |
| Kalshi KXWLDPERP | 0.0000% | 8h | 0.4433 | −0.135% | $83K | $4.2M | 1.7x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4439 | 0.000% | $100K | $1.1M | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4433 | −0.144% | $64K | — | 150x | as long as short |
| dYdX WLD-USD | +0.0006% | 1h | 0.4438 | −0.014% | $152K | $31K | 10x | as long as short |
Polymarket Perps WLD-USD
Kraken Futures PF_WLDUSD
01 Exchange WLDUSD
Bybit WLDUSDT
Nado WLD-PERP
Gate WLD_USDT
Kalshi KXWLDPERP
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
dYdX WLD-USDShow all 38 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective WLD/USDC PERP | +0.0007% | 1h | 0.4477 | +0.856% | $6K | $185K | 5.5x | as long as short |
| KuCoin WLDUSDTM | +0.0029% | 8h | 0.4437 | −0.045% | $6.8M | $10.2M | 50x | as long as short |
| Variational Omni WLD | +0.0042% | 8h | 0.4431 | −0.170% | $2.0M | $1.4M | — | as long as short |
| Phoenix WLD | +0.0053% | 1h | 0.4440 | +0.027% | $4K | $40K | 10x | as long as short |
| Orderly PERP_WLD_USDC | +0.0086% | 8h | 0.4436 | −0.068% | $27K | $295K | 10x | as long as short |
| Lighter WLD | +0.0096% | 1h | 0.4442 | +0.063% | $4.8M | $3.0M | 10x | as long as short |
| Hyperliquid WLD | +0.0100% | 1h | 0.4445 | +0.126% | $49.5M | $29.4M | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4441 | +0.048% | $217K | $899K | 50x | as long as short |
| Pacifica WLDlong | +0.0100% | 1h | 0.4439 | long leg | $59K | $506K | 5x | |
| Binance WLDUSDT | +0.0100% | 8h | 0.4438 | −0.023% | $84.1M | $314.3M | 75x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4437 | −0.045% | $33.8M | $140.5M | 50x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4437 | −0.045% | $40.1M | $55.1M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4438 | −0.023% | $29.0M | $28.6M | 75x | as long as short |
| BingX WLD-USDC | +0.0100% | 8h | 0.4438 | −0.023% | — | $1.3M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4440 | +0.029% | $125K | $275K | 10x | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4430 | −0.211% | $26K | $323K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4434 | −0.113% | $584K | $2.3M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4433 | −0.135% | $47K | $248K | 50x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4442 | +0.068% | $22K | $1.4M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4436 | −0.068% | $227 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4434 | −0.113% | $814K | $1.2M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4436 | −0.068% | $1.7M | $3.5M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4437 | −0.055% | $209K | $659K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4438 | −0.023% | $30K | $500 | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4433 | −0.125% | — | — | 20x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0218% / S −0.0967% | 1h | 0.4439 | 0.000% | $4K | — | 100x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4434 | −0.113% | $4.7M | $905K | 75x | as long as short |
| Coinbase International WLD-PERP-INTXshort | +0.0344% | 1h | 0.4437 | −0.045% | $270K | $965K | 50x |
Injective WLD/USDC PERP
KuCoin WLDUSDTM
Variational Omni WLD
Phoenix WLD
Orderly PERP_WLD_USDC
Lighter WLD
Hyperliquid WLD
Aster WLDUSDT
Binance WLDUSDT
OKX WLD-USDT-SWAP
MEXC WLD_USDT
Bitget WLDUSDT
BingX WLD-USDC
Backpack WLD_USDC_PERP
edgeX WLDUSDC
GRVT WLD_USDT_Perp
ApeX Omni WLDUSDT
SunX WLD-USDT
SoDEX WLD-USD
HTX WLD-USDT
Phemex WLDUSDT
Extended WLD-USD
Aevo WLD-PERP
Reya WLDRUSDPERP
GMX WLD/USD [ETH-USDC]
BloFin WLD-USDT