Settings8H · net · $10k
Funding arb · Price arb /

WLD

all WLD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0424%/8h= +46.4% APRpaid last 24h +0.059%
Price spread now: Kraken Futures against Variational Omni−0.251%7-day average +0.063% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.012%−$1 on $10k
Price spread, last 4 days (all we have)+0.563%+$56 · spread now −0.251%, 7d avg +0.063%
Together, before fees+0.550%+ Points / potential airdropVariational Omni: Active · farm board+$55 on $10k · with fees, hour by hour
Funding pays, the price is against you. Kraken Futures is 0.313% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.251% now, against its 7-day average of +0.063%). If the spread goes back, that is −$31 on $10k: about 2.5 days of funding at the current rate (+$13 a day).
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.012% in total (about -1.3% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni WLD0.45460.0100pay 0.0100% / 8h3h 23m$2.1M$1.6M
ShortKraken Futures PF_WLDUSD0.45340.0524get 0.0065% / 1h23m 04s$881K$2.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against Variational Omni. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$88.98
Price spread: −0.251% → +0.063%
−$31.34
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$47.64
Costs to cover
0.100%
Break-even
3.3 days
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; Kraken Futures: live order book, 1 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni RFQ quote, 1 min ago5.52 bpdoesn't fit16.6 bp −$166doesn't fitdoesn't fit
Sell Kraken Futures live order book, 1 min ago6.62 bp15.1 bp −$1523.3 bp −$233979.5 bp −$98.0Kdoesn't fit

WLD on 38 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado WLD-PERP−0.0028%1h0.4531−0.322%$240K$205K5xas long as short
dYdX WLD-USD0.0000%1h0.4534−0.263%$155K$33K10xas long as short
Kalshi KXWLDPERP0.0000%8h0.4532−0.300%$66K$4.7M1.7xas long as short
Deribit WLD_USDC-PERPETUAL0.0000%1h0.4530−0.344%$123K$939K25xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4532−0.304%$65K150xas long as short
KuCoin WLDUSDTM+0.0027%8h0.4531−0.322%$6.9M$11.7M50xas long as short
Aster WLDUSDT+0.0100%8h0.4530−0.337%$208K$1.1M50xas long as short
Pacifica WLD+0.0100%1h0.4536−0.218%$49K$524K5xas long as short
Binance WLDUSDT+0.0100%8h0.4527−0.410%$86.4M$330.3M75xas long as short
Bybit WLDUSDT+0.0100%8h0.4525−0.454%$64.4M$89.9M50xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX WLD-USDT-SWAP+0.0100%8h0.4525−0.454%$34.3M$150.2M50xas long as short
Gate WLD_USDT+0.0100%8h0.4527−0.410%$7.2M$36.6M75xas long as short
MEXC WLD_USDT+0.0100%8h0.4530−0.344%$40.8M$55.0M300xas long as short
Bitget WLDUSDT+0.0100%8h0.4525−0.454%$29.9M$30.1M75xas long as short
BingX WLD-USDC+0.0100%8h0.4525−0.454%$1.3Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4527−0.402%$134K$304K10xas long as short
Variational Omni WLDlong+0.0100%8h0.4546long leg$2.1M$1.6M
edgeX WLDUSDC+0.0100%4h0.4554+0.191%$27K$318K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4542−0.073%$601K$2.0M10xas long as short
ApeX Omni WLDUSDT+0.0100%1h0.4557+0.249%$43K$238K50xas long as short
Polymarket Perps WLD-USD+0.0100%1h0.4531−0.322%$39K$2.1M10xas long as short
Orderly PERP_WLD_USDC+0.0100%8h0.4531−0.322%$28K$868K10xas long as short
SunX WLD-USDT+0.0100%8h0.4538−0.168%$23K$1.6M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4532−0.300%$203$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4530−0.344%$828K$1.8M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4533−0.278%$1.8M$3.6M50xas long as short
Extended WLD-USD+0.0104%1h0.4529−0.372%$216K$984K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4533−0.278%$31K$6003xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4531−0.318%20xas long as short
Injective WLD/USDC PERP+0.0142%1h0.4576+0.667%$6K$185K5.5xas long as short
Phoenix WLD+0.0157%1h0.4552+0.150%$5K$52K10xas long as short
BloFin WLD-USDT+0.0220%8h0.4534−0.256%$4.9M$888K75xas long as short
GMX WLD/USD [ETH-USDC]L +0.0229% / S −0.1268%1h0.4532−0.303%$5K100xas long as short
01 Exchange WLDUSD+0.0288%1h0.4534−0.256%$324$555xas long as short
Hyperliquid WLD+0.0377%1h0.4532−0.289%$49.8M$43.4M10xas long as short
Kraken Futures PF_WLDUSDshort+0.0524%1h0.4534−0.251%$881K$2.9M50x
Coinbase International WLD-PERP-INTX+0.0560%1h0.4539−0.146%$265K$1.6M50xas long as short
Lighter WLD+0.0824%1h0.4541−0.091%$5.1M$2.6M10xas long as short