Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.022%
Price spread now: BloFin against SunX+0.044%55s7-day average −0.129% · you sell dearer than you buy
Net, funding: paid 7d − costs−$98as 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−$1131.126% of the position
Funding, last 7 days+0.144%+$14 on $10k
+Price spread, last 4 days (all we have)−0.208%−$21 · spread now +0.044%, 7d avg −0.129%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.173% dearer against SunX than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of −0.129%. The two prices were read 55 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 | SunX WLD-USDT | 0.4552 | 0.0100 | pay 0.0100% / 8h | 3h 25m | $23K | $1.6M | 50x |
| Short | BloFin WLD-USDT | 0.4554 | 0.0220 | get 0.0220% / 8h | 3h 25m | $4.9M | $890K | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against SunX. 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: +0.044% → −0.129%
- $17.33
- Slippage, 4 orders
- −$92.56
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$70.03
- Costs to cover
- 1.126%
- Break-even
- 26.5 days
Slippage from SunX: live order book, 9 min ago; BloFin: live order book, 8 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 SunX live order book, 9 min ago | 29.52 bp | 39.4 bp −$39 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 8 min ago | 3.29 bp | 14.9 bp −$15 | 20.8 bp −$208 | 41.1 bp −$4,108 | 107.9 bp −$54.0K |
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 | −0.0031% | 1h | 0.4543 | −0.187% | $241K | $205K | 5x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4548 | −0.097% | $155K | $33K | 10x | as long as short |
| Kalshi KXWLDPERP | 0.0000% | 8h | 0.4558 | +0.132% | $60K | $4.6M | 1.7x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4548 | −0.088% | $123K | $939K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4548 | −0.088% | $66K | — | 150x | as long as short |
| KuCoin WLDUSDTM | +0.0025% | 8h | 0.4546 | −0.132% | $6.9M | $11.7M | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4550 | −0.037% | $39K | $2.1M | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4550 | −0.041% | $209K | $1.1M | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4549 | −0.062% | $49K | $524K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4549 | −0.066% | $86.8M | $329.8M | 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 | 0.4547 | −0.110% | $64.7M | $89.8M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4547 | −0.110% | $34.4M | $150.7M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4545 | −0.154% | $7.3M | $36.5M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4548 | −0.088% | $41.5M | $54.7M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4544 | −0.176% | $30.0M | $30.0M | 75x | as long as short |
| BingX WLD-USDT | +0.0100% | 8h | 0.4547 | −0.110% | — | $67.7M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4547 | −0.110% | $136K | $301K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4546 | −0.139% | $2.1M | $1.6M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4569 | +0.378% | $27K | $318K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4562 | +0.220% | $600K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4580 | +0.615% | $43K | $238K | 50x | as long as short |
| Orderly PERP_WLD_USDC | +0.0100% | 8h | 0.4547 | −0.110% | $28K | $868K | 10x | as long as short |
| SunX WLD-USDTlong | +0.0100% | 8h | 0.4552 | long leg | $23K | $1.6M | 50x | |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4546 | −0.132% | $206 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4549 | −0.066% | $831K | $1.8M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4549 | −0.066% | $1.8M | $3.6M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4543 | −0.193% | $216K | $984K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4547 | −0.102% | $31K | $600 | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4545 | −0.150% | — | — | 20x | as long as short |
| Injective WLD/USDC PERP | +0.0142% | 1h | 0.4576 | +0.527% | $6K | $185K | 5.5x | as long as short |
| Phoenix WLD | +0.0157% | 1h | 0.4584 | +0.707% | $5K | $52K | 10x | as long as short |
| BloFin WLD-USDTshort | +0.0220% | 8h | 0.4554 | +0.044% | $4.9M | $890K | 75x | |
| GMX WLD/USD [ETH-USDC] | L +0.0229% / S −0.1268% | 1h | 0.4547 | −0.101% | $5K | — | 100x | as long as short |
| 01 Exchange WLDUSD | +0.0288% | 1h | 0.4550 | −0.046% | $326 | $55 | 5x | as long as short |
| Hyperliquid WLD | +0.0394% | 1h | 0.4553 | +0.022% | $50.0M | $43.4M | 10x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0522% | 1h | 0.4548 | −0.097% | $884K | $2.9M | 50x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0560% | 1h | 0.4556 | +0.088% | $266K | $1.6M | 50x | as long as short |
| Lighter WLD | +0.0824% | 1h | 0.4557 | +0.116% | $5.2M | $2.6M | 10x | as long as short |
SunX WLD-USDT
BloFin WLD-USDT
Kalshi KXWLDPERP
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
KuCoin WLDUSDTM
Polymarket Perps WLD-USD
Aster WLDUSDT
Pacifica WLD
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
SoDEX WLD-USD
HTX WLD-USDT
Phemex WLDUSDT
Extended WLD-USD
Injective WLD/USDC PERP
Phoenix WLD
GMX WLD/USD [ETH-USDC]
01 Exchange WLDUSD
Hyperliquid WLD
Kraken Futures PF_WLDUSD
Coinbase International WLD-PERP-INTX
Lighter WLD