Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0141%/8h= −15.4% APRpaid last 24h −0.024%

Price spread now: Variational Omni against Aevo+0.126%7-day average — · you sell dearer than you buy

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

Long on Aevo Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

The price spread pays, funding is against you. Variational Omni is 0.126% dearer against Aevo than usual: you sell high and buy low (spread +0.126% now, against zero (this spread has no 7-day history yet)): +$13 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 3.0 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo WLD-PERP	0.4537	0.0104	pay 0.0013% / 1h	38m 41s	$31K	$5K	3x
Short	Variational Omni WLD	0.4543	−0.0037	pay 0.0037% / 8h	2h 38m	$2.1M	$1.6M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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 Variational OmnibpOrdersPrice spread, now +0.126%Rate

Funding earned: −$29.57
Price spread: +0.126% → 0.000%: $12.59
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$32.97
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Aevo: no order-book sample; Variational Omni: RFQ quote, just now. 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 Variational Omni RFQ quote, just now	5.49 bp	doesn't fit	20.9 bp −$209	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
Kalshi KXWLDPERP	−0.0587%	8h	0.4534	−0.062%	$44K	$3.8M	1.7x	as long as short
Deribit WLD_USDC-PERPETUAL	−0.0191%	1h	0.4534	−0.062%	$162K	$856K	25x	as long as short
Variational Omni WLDshort	−0.0037%	8h	0.4543	+0.126%	$2.1M	$1.6M	—
Orderly PERP_WLD_USDC	−0.0027%	8h	0.4537	+0.004%	$28K	$918K	10x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4533	−0.094%	$155K	$6K	10x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4540	+0.070%	$56K	—	150x	as long as short
KuCoin WLDUSDTM	+0.0012%	8h	0.4528	−0.194%	$7.0M	$10.7M	50x	as long as short
Phoenix WLD	+0.0052%	1h	0.4543	+0.139%	$5K	$52K	10x	as long as short
Nado WLD-PERP	+0.0057%	1h	0.4539	+0.059%	$271K	$168K	5x	as long as short
OKX WLD-USDT-SWAP	+0.0058%	8h	0.4529	−0.172%	$34.0M	$137.1M	50x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit WLDUSDT	+0.0096%	8h	0.4529	−0.172%	$65.0M	$80.0M	50x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4536	−0.007%	$208K	$976K	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4533	−0.085%	$50K	$482K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4532	−0.100%	$85.8M	$291.6M	75x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4531	−0.128%	$7.4M	$34.4M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4531	−0.128%	$52.4M	$47.0M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4531	−0.128%	$30.0M	$25.2M	75x	as long as short
BingX WLD-USDC	+0.0100%	8h	0.4530	−0.150%	—	$1.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4528	−0.201%	$128K	$276K	10x	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4541	+0.093%	$27K	$314K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4543	+0.138%	$613K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4542	+0.114%	$55K	$226K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4542	+0.114%	$54K	$1.7M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4532	−0.106%	$23K	$1.5M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4524	−0.282%	$195	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4526	−0.238%	$854K	$1.8M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4529	−0.172%	$1.8M	$3.8M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4531	−0.139%	$132K	$745K	10x	as long as short
Aevo WLD-PERPlong	+0.0104%	1h	0.4537	long leg	$31K	$5K	3x
Hyperliquid WLD	+0.0119%	1h	0.4536	−0.022%	$46.9M	$40.6M	10x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4542	+0.121%	—	—	20x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0217% / S −0.0307%	1h	0.4543	+0.143%	$12K	—	100x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4531	−0.128%	$4.9M	$797K	75x	as long as short
Injective WLD/USDC PERP	+0.0374%	1h	0.4622	+1.878%	$6K	$139K	5.5x	as long as short
Coinbase International WLD-PERP-INTX	+0.0400%	1h	0.4538	+0.026%	$283K	$1.6M	50x	as long as short
01 Exchange WLDUSD	+0.0504%	1h	0.4546	+0.192%	$325	$77	5x	as long as short
Lighter WLD	+0.1040%	1h	0.4543	+0.130%	$5.1M	$2.0M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.1102%	1h	0.4526	−0.237%	$920K	$2.6M	50x	as long as short