Funding arb · Price arb /

WLD

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.005%

Price spread now: Aster against Aevo−0.180%49s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Aevo Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.180% cheaper against Aevo than usual: you would sell low and buy high, −$18 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 49 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	Aevo WLD-PERP	0.4487	0.0104	pay 0.0013% / 1h	39m 29s	$30K	$600	3x
Short	Aster WLDUSDT	0.4479	0.0100	get 0.0100% / 8h	2h 39m	$224K	$1.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Aevo. 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

Position, each leg$Hold fordaysFee AevobpFee AsterbpOrdersPrice spread, now −0.180%Rate

Funding earned: −$0.84
Price spread: −0.180% → 0.000%: −$18.04
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Aster: 4 bp × 2 orders: −$8
Net: −$42.88
Costs to cover: 0.240%
Break-even: never at this rate

Slippage unknown: Aevo: no order-book sample; Aster: live order book, 4 min ago. Net counts fees only.

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 Aevo no order-book sample	—	—	—	—	—
Sell Aster live order book, 4 min ago	3.33 bp	11.4 bp −$11	40.3 bp −$403	doesn't fit	doesn't fit

Aevo: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0048%	1h	0.4474	−0.301%	$240K	$208K	5x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4482	−0.116%	$153K	$33K	10x	as long as short
Kalshi KXWLDPERP	0.0000%	8h	0.4478	−0.201%	$78K	$4.8M	1.7x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4488	+0.022%	$143K	$1.0M	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4485	−0.045%	$65K	—	150x	as long as short
Polymarket Perps WLD-USD	+0.0040%	1h	0.4475	−0.274%	$44K	$2.4M	10x	as long as short
KuCoin WLDUSDTM	+0.0045%	8h	0.4478	−0.201%	$6.7M	$11.9M	50x	as long as short
01 Exchange WLDUSD	+0.0064%	1h	0.4480	−0.149%	$321	$55	5x	as long as short
Orderly PERP_WLD_USDC	+0.0098%	8h	0.4486	−0.022%	$28K	$831K	10x	as long as short
Aster WLDUSDTshort	+0.0100%	8h	0.4479	−0.180%	$224K	$1.1M	50x

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica WLD	+0.0100%	1h	0.4484	−0.073%	$50K	$541K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4476	−0.253%	$85.1M	$338.3M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4475	−0.267%	$63.7M	$91.8M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4476	−0.245%	$33.8M	$152.4M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4483	−0.089%	$7.2M	$36.9M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4482	−0.111%	$38.3M	$55.6M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4478	−0.201%	$29.5M	$31.1M	75x	as long as short
BingX WLD-USDT	+0.0100%	8h	0.4482	−0.111%	—	$68.2M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4486	−0.011%	$133K	$307K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4488	+0.017%	$2.0M	$1.7M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4497	+0.227%	$27K	$319K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4488	+0.022%	$592K	$2.0M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4492	+0.111%	$48K	$240K	50x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4492	+0.111%	$23K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4484	−0.067%	$209	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4483	−0.089%	$821K	$1.8M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4484	−0.067%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4478	−0.204%	$219K	$999K	10x	as long as short
Aevo WLD-PERPlong	+0.0104%	1h	0.4487	long leg	$30K	$600	3x
Lighter WLD	+0.0128%	1h	0.4487	−0.002%	$4.9M	$2.9M	10x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4478	−0.193%	—	—	20x	as long as short
Phoenix WLD	+0.0142%	1h	0.4493	+0.131%	$5K	$52K	10x	as long as short
Injective WLD/USDC PERP	+0.0176%	1h	0.4519	+0.713%	$6K	$185K	5.5x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0219% / S −0.0967%	1h	0.4482	−0.112%	$4K	—	100x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4488	+0.022%	$3.8M	$923K	75x	as long as short
Hyperliquid WLD	+0.0304%	1h	0.4485	−0.056%	$48.5M	$44.1M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.0505%	1h	0.4487	+0.001%	$856K	$2.9M	50x	as long as short
Coinbase International WLD-PERP-INTX	+0.0536%	1h	0.4487	0.000%	$274K	$1.7M	50x	as long as short