Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.016%

Price spread now: Binance against ApeX Omni+0.074%7-day average −0.065% · you sell dearer than you buy

Net, funding: paid 7d − costs−$57as in the Funding arb table

Net, price: spread back to 7d avg − costs−$30as in the Price arb table

costs, in and out, $10k−$440.442% of the position

Long on ApeX Omni Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.128%−$13 on $10k

Price spread, last 3 days (all we have)−0.377%−$38 · spread now +0.074%, 7d avg −0.065%

Together, before fees−0.504%−$50 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.139% dearer against ApeX Omni than usual: you sell high and buy low, +$14 on $10k if it goes back to its 7-day average of −0.065%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni WLDUSDT	0.4597	0.0100	pay 0.0013% / 1h	42m 57s	$55K	$227K	50x
Short	Binance WLDUSDT	0.4600	0.0100	get 0.0100% / 8h	1h 42m	$86.9M	$294.6M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against ApeX 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

Position, each leg$Hold fordaysFee ApeX OmnibpFee BinancebpOrdersPrice spread, now +0.074%Rate

Funding earned: $0
Price spread: +0.074% → −0.065%: $13.91
Slippage, 4 orders: −$24.17
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$30.26
Costs to cover: 0.442%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 38 min ago; Binance: live order book, 16 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 ApeX Omni live order book, 38 min ago	6.60 bp	14.6 bp −$15	100.4 bp −$1,004	doesn't fit	doesn't fit
Sell Binance live order book, 16 min ago	1.11 bp	7.9 bp −$8	13.0 bp −$130	50.9 bp −$5,093	187.0 bp −$93.5K

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	−0.0410%	8h	0.4594	−0.065%	$47K	$3.8M	1.7x	as long as short
Injective WLD/USDC PERP	−0.0079%	1h	0.4522	−1.631%	$6K	$185K	5.5x	as long as short
Orderly PERP_WLD_USDC	−0.0006%	8h	0.4588	−0.196%	$28K	$914K	10x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4597	−0.010%	$157K	$6K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4590	−0.152%	$107K	$906K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4590	−0.143%	$57K	—	150x	as long as short
KuCoin WLDUSDTM	+0.0004%	8h	0.4596	−0.022%	$7.0M	$10.7M	50x	as long as short
Variational Omni WLD	+0.0051%	8h	0.4581	−0.347%	$2.1M	$1.6M	—	as long as short
Nado WLD-PERP	+0.0069%	1h	0.4590	−0.141%	$276K	$169K	5x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4598	+0.023%	$216K	$974K	50x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica WLD	+0.0100%	1h	0.4594	−0.056%	$52K	$480K	5x	as long as short
Binance WLDUSDTshort	+0.0100%	8h	0.4600	+0.074%	$86.9M	$294.6M	75x
Bybit WLDUSDT	+0.0100%	8h	0.4598	+0.022%	$65.7M	$80.8M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4598	+0.022%	$34.4M	$140.6M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4599	+0.044%	$7.5M	$34.9M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4601	+0.087%	$49.4M	$51.0M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4598	+0.022%	$30.3M	$25.3M	75x	as long as short
BingX WLD-USDC	+0.0100%	8h	0.4599	+0.044%	—	$1.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4597	+0.004%	$128K	$269K	10x	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4593	−0.094%	$27K	$317K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4594	−0.065%	$626K	$1.9M	10x	as long as short
ApeX Omni WLDUSDTlong	+0.0100%	1h	0.4597	long leg	$55K	$227K	50x
Polymarket Perps WLD-USD	+0.0100%	1h	0.4591	−0.122%	$47K	$1.7M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4594	−0.065%	$23K	$1.5M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4594	−0.065%	$200	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4596	−0.022%	$867K	$1.8M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4594	−0.065%	$1.8M	$3.8M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4596	−0.017%	$241K	$855K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4592	−0.119%	$31K	$5K	3x	as long as short
Phoenix WLD	+0.0124%	1h	0.4577	−0.439%	$5K	$53K	10x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4589	−0.176%	—	—	20x	as long as short
Kraken Futures PF_WLDUSD	+0.0185%	1h	0.4601	+0.095%	$923K	$2.6M	50x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4599	+0.044%	$4.8M	$820K	75x	as long as short
01 Exchange WLDUSD	+0.0256%	1h	0.4594	−0.070%	$329	$77	5x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0260% / S −0.2221%	1h	0.4589	−0.181%	$9K	—	100x	as long as short
Coinbase International WLD-PERP-INTX	+0.0424%	1h	0.4602	+0.109%	$275K	$1.6M	50x	as long as short
Lighter WLD	+0.0904%	1h	0.4606	+0.196%	$5.2M	$2.1M	10x	as long as short
Hyperliquid WLD	+0.1188%	1h	0.4607	+0.207%	$50.2M	$43.1M	10x	as long as short