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 −0.025%

Price spread now: Bybit against ApeX Omni+0.044%7-day average −0.089% · you sell dearer than you buy

Net, funding: paid 7d − costs−$61as in the Funding arb table

Net, price: spread back to 7d avg − costs−$36as in the Price arb table

costs, in and out, $10k−$490.494% of the position

Long on ApeX Omni Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.121%−$12 on $10k

Price spread, last 3 days (all we have)−0.362%−$36 · spread now +0.044%, 7d avg −0.089%

Together, before fees−0.483%−$48 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: Bybit is 0.133% dearer against ApeX Omni than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of −0.089%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni WLDUSDT	0.4567	0.0100	pay 0.0013% / 1h	12m 55s	$55K	$227K	50x
Short	Bybit WLDUSDT	0.4569	0.0100	get 0.0100% / 8h	1h 12m	$65.4M	$82.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now +0.044%Rate

Funding earned: $0
Price spread: +0.044% → −0.089%: $13.32
Slippage, 4 orders: −$28.43
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$36.11
Costs to cover: 0.494%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 3 min ago; Bybit: live order book, 1 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, 3 min ago	7.66 bp	15.5 bp −$15	97.7 bp −$977	doesn't fit	doesn't fit
Sell Bybit live order book, 1 min ago	1.10 bp	10.0 bp −$10	17.8 bp −$178	101.6 bp −$10.2K	doesn't fit

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	−0.0299%	8h	0.4568	+0.022%	$61K	$3.8M	1.7x	as long as short
Injective WLD/USDC PERP	−0.0079%	1h	0.4578	+0.241%	$6K	$185K	5.5x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4566	−0.030%	$163K	$13K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4566	−0.022%	$107K	$900K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4565	−0.042%	$57K	—	150x	as long as short
Orderly PERP_WLD_USDC	+0.0006%	8h	0.4564	−0.066%	$28K	$912K	10x	as long as short
KuCoin WLDUSDTM	+0.0007%	8h	0.4566	−0.022%	$7.0M	$10.8M	50x	as long as short
Nado WLD-PERP	+0.0050%	1h	0.4563	−0.088%	$275K	$169K	5x	as long as short
Variational Omni WLD	+0.0094%	8h	0.4568	+0.020%	$2.1M	$1.6M	—	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4570	+0.073%	$194K	$999K	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	0.4567	+0.002%	$53K	$481K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4570	+0.074%	$86.4M	$297.2M	75x	as long as short
Bybit WLDUSDTshort	+0.0100%	8h	0.4569	+0.044%	$65.4M	$82.0M	50x
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4569	+0.044%	$34.1M	$141.1M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4566	−0.022%	$7.4M	$35.4M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4569	+0.044%	$49.0M	$52.1M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4567	0.000%	$30.2M	$25.6M	75x	as long as short
BingX WLD-USDT	+0.0100%	8h	0.4569	+0.044%	—	$67.8M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4569	+0.042%	$129K	$269K	10x	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4570	+0.060%	$27K	$317K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4569	+0.036%	$614K	$1.9M	10x	as long as short
ApeX Omni WLDUSDTlong	+0.0100%	1h	0.4567	long leg	$55K	$227K	50x
Polymarket Perps WLD-USD	+0.0100%	1h	0.4566	−0.026%	$41K	$1.6M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4570	+0.066%	$23K	$1.5M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4566	−0.022%	$201	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4564	−0.066%	$862K	$1.8M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4567	0.000%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4568	+0.013%	$240K	$855K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4567	0.000%	$31K	$5K	3x	as long as short
Phoenix WLD	+0.0124%	1h	0.4576	+0.204%	$5K	$53K	10x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4563	−0.090%	—	—	20x	as long as short
Kraken Futures PF_WLDUSD	+0.0187%	1h	0.4570	+0.056%	$910K	$2.6M	50x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4564	−0.066%	$4.9M	$811K	75x	as long as short
01 Exchange WLDUSD	+0.0248%	1h	0.4569	+0.037%	$327	$77	5x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0260% / S −0.2221%	1h	0.4565	−0.051%	$9K	—	100x	as long as short
Coinbase International WLD-PERP-INTX	+0.0424%	1h	0.4580	+0.285%	$270K	$1.6M	50x	as long as short
Hyperliquid WLD	+0.0700%	1h	0.4572	+0.112%	$49.6M	$43.2M	10x	as long as short
Lighter WLD	+0.1000%	1h	0.4578	+0.243%	$5.2M	$2.1M	10x	as long as short