Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.020%

Price spread now: GRVT against ApeX Omni+0.169%7-day average −0.048% · you sell dearer than you buy

Net, funding: paid 7d − costs−$89as in the Funding arb table

Net, price: spread back to 7d avg − costs−$65as in the Price arb table

costs, in and out, $10k−$870.869% of the position

Long on ApeX Omni Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days−0.018%−$2 on $10k

Price spread, last 3 days (all we have)−0.199%−$20 · spread now +0.169%, 7d avg −0.048%

Together, before fees−0.217%+ Points / potential airdropGRVT: Active · farm board−$22 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: GRVT is 0.216% dearer against ApeX Omni than usual: you sell high and buy low, +$22 on $10k if it goes back to its 7-day average of −0.048%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni WLDUSDT	0.4743	0.0100	pay 0.0013% / 1h	14m 29s	$57K	$232K	50x
Short	GRVT WLD_USDT_Perp	0.4751	0.0100	get 0.0100% / 8h	7h 14m	$627K	$1.9M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now +0.169%Rate

Funding earned: $0
Price spread: +0.169% → −0.048%: $21.62
Slippage, 4 orders: −$67.89
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$65.26
Costs to cover: 0.869%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 57 min ago; GRVT: live order book, 4 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, 57 min ago	8.73 bp	39.3 bp −$39	125.7 bp −$1,257	doesn't fit	doesn't fit
Sell GRVT live order book, 4 min ago	8.43 bp	16.9 bp −$17	32.0 bp −$320	doesn't fit	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
Phemex WLDUSDT	−0.0219%	8h	0.4757	+0.295%	$1.9M	$3.7M	50x	as long as short
Kalshi KXWLDPERP	−0.0165%	8h	0.4767	+0.506%	$30K	$4.0M	1.7x	as long as short
Nado WLD-PERP	−0.0032%	1h	0.4762	+0.401%	$276K	$178K	5x	as long as short
KuCoin WLDUSDTM	−0.0013%	8h	0.4762	+0.401%	$7.1M	$11.1M	50x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4770	+0.573%	$170K	$12K	10x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4767	+0.505%	$57K	—	150x	as long as short
Injective WLD/USDC PERP	+0.0038%	1h	0.4744	+0.021%	$6K	$185K	5.5x	as long as short
Orderly PERP_WLD_USDC	+0.0049%	8h	0.4764	+0.443%	$29K	$901K	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4771	+0.585%	$213K	$979K	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4771	+0.590%	$56K	$482K	5x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance WLDUSDT	+0.0100%	8h	0.4768	+0.522%	$91.2M	$309.8M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4766	+0.485%	$69.1M	$83.3M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4763	+0.422%	$36.3M	$150.8M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4765	+0.464%	$7.7M	$36.4M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4767	+0.506%	$50.0M	$54.9M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4767	+0.506%	$32.0M	$27.1M	75x	as long as short
BingX WLD-USDC	+0.0100%	8h	0.4767	+0.506%	—	$1.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4769	+0.559%	$141K	$277K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4758	+0.311%	$2.1M	$1.7M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4742	−0.011%	$28K	$318K	20x	as long as short
GRVT WLD_USDT_Perpshort	+0.0100%	8h	0.4751	+0.169%	$627K	$1.9M	10x
ApeX Omni WLDUSDTlong	+0.0100%	1h	0.4743	long leg	$57K	$232K	50x
Polymarket Perps WLD-USD	+0.0100%	1h	0.4769	+0.557%	$47K	$1.7M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4772	+0.611%	$24K	$1.5M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4766	+0.485%	$230	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4767	+0.506%	$884K	$1.8M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4768	+0.537%	$220K	$894K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4765	+0.470%	$32K	$600	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4766	+0.480%	—	—	20x	as long as short
Phoenix WLD	+0.0157%	1h	0.4760	+0.365%	$5K	$53K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	+0.0170%	1h	0.4768	+0.527%	$137K	$863K	25x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4768	+0.527%	$5.0M	$885K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0240% / S −0.1538%	1h	0.4767	+0.506%	$7K	—	100x	as long as short
01 Exchange WLDUSD	+0.0248%	1h	0.4774	+0.660%	$342	$77	5x	as long as short
Kraken Futures PF_WLDUSD	+0.0316%	1h	0.4770	+0.561%	$945K	$2.7M	50x	as long as short
Coinbase International WLD-PERP-INTX	+0.0448%	1h	0.4771	+0.590%	$279K	$1.7M	50x	as long as short
Hyperliquid WLD	+0.0880%	1h	0.4776	+0.696%	$53.6M	$44.0M	10x	as long as short
Lighter WLD	+0.1024%	1h	0.4782	+0.814%	$5.4M	$2.0M	10x	as long as short