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

WLD

all WLD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0100%/8h= −10.9% APRnext payment $0.13 per $10,000 · paid last 24h −0.026%
Price spread now: dYdX against ApeX Omni−0.179%50s7-day average −0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs−$311as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$2912.909% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.199%−$20 on $10k
Price spread, last 3 days (all we have)−0.146%−$15 · spread now −0.179%, 7d avg −0.035%
Together, before fees−0.344%−$34 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and dYdX is 0.144% cheaper against ApeX Omni than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of −0.035%). Swap the legs. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni WLDUSDT0.45720.0100pay 0.0013% / 1h24m 08s$55K$227K50x
ShortdYdX WLD-USD0.45640get 0.0000% / 1h24m 08s$156K$6K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX 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

Funding earned
−$21
Price spread: −0.179% → −0.035%
−$14.4
Slippage, 4 orders
−$270.9
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$326.3
Costs to cover
2.909%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 62 min ago; dYdX: live order book, 64 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 62 min ago7.62 bp16.3 bp −$16107.1 bp −$1,071doesn't fitdoesn't fit
Sell dYdX live order book, 64 min ago124.62 bp129.6 bp −$130129.6 bp −$1,296159.5 bp −$15.9K635.6 bp −$317.8K

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
Kalshi KXWLDPERP−0.0446%8h0.4563−0.197%$44K$3.8M1.7xas long as short
Orderly PERP_WLD_USDC−0.0023%8h0.4559−0.284%$28K$917K10xas long as short
Variational Omni WLD−0.0017%8h0.4577+0.117%$2.1M$1.6Mas long as short
dYdX WLD-USDshort0.0000%1h0.4564−0.179%$156K$6K10x
Deribit WLD_USDC-PERPETUAL0.0000%1h0.4561−0.241%$128K$903K25xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4561−0.230%$57K150xas long as short
KuCoin WLDUSDTM+0.0009%8h0.4557−0.328%$7.0M$10.7M50xas long as short
Nado WLD-PERP+0.0036%1h0.4557−0.317%$272K$168K5xas long as short
Phoenix WLD+0.0052%1h0.4571−0.013%$5K$52K10xas long as short
OKX WLD-USDT-SWAP+0.0070%8h0.4560−0.262%$34.1M$138.6M50xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid WLD+0.0100%1h0.4565−0.157%$47.2M$40.7M10xas long as short
Aster WLDUSDT+0.0100%8h0.4563−0.207%$216K$981K50xas long as short
Pacifica WLD+0.0100%1h0.4561−0.241%$51K$483K5xas long as short
Binance WLDUSDT+0.0100%8h0.4560−0.262%$85.7M$292.4M75xas long as short
Bybit WLDUSDT+0.0100%8h0.4560−0.262%$65.2M$80.2M50xas long as short
Gate WLD_USDT+0.0100%8h0.4560−0.262%$7.5M$34.6M75xas long as short
MEXC WLD_USDT+0.0100%8h0.4560−0.262%$53.9M$47.3M300xas long as short
Bitget WLDUSDT+0.0100%8h0.4558−0.306%$30.2M$25.2M75xas long as short
BingX WLD-USDC+0.0100%8h0.4560−0.262%$1.3Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4562−0.227%$129K$272K10xas long as short
edgeX WLDUSDC+0.0100%4h0.4569−0.059%$27K$314K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4575+0.064%$613K$1.9M10xas long as short
ApeX Omni WLDUSDTlong+0.0100%1h0.4572long leg$55K$227K50x
Polymarket Perps WLD-USD+0.0100%1h0.4557−0.326%$54K$1.7M10xas long as short
SunX WLD-USDT+0.0100%8h0.4564−0.175%$23K$1.5M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4560−0.262%$197$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4568−0.087%$862K$1.8M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4561−0.241%$1.8M$3.8M50xas long as short
Extended WLD-USD+0.0104%1h0.4559−0.283%$134K$745K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4568−0.087%$31K$5K3xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4557−0.330%20xas long as short
GMX WLD/USD [ETH-USDC]L +0.0217% / S −0.0307%1h0.4561−0.250%$12K100xas long as short
BloFin WLD-USDT+0.0220%8h0.4560−0.262%$4.9M$810K75xas long as short
Injective WLD/USDC PERP+0.0374%1h0.4622+1.094%$6K$139K5.5xas long as short
01 Exchange WLDUSD+0.0392%1h0.4562−0.210%$326$775xas long as short
Coinbase International WLD-PERP-INTX+0.0400%1h0.4578+0.131%$280K$1.6M50xas long as short
Lighter WLD+0.1008%1h0.4570−0.052%$5.1M$2.0M10xas long as short
Kraken Futures PF_WLDUSD+0.1093%1h0.4564−0.176%$924K$2.6M50xas long as short