Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: HTX against ApeX Omni−0.380%76s7-day average −0.196% · you buy dearer than you sell

Net, funding: paid 7d − costs−$102as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$970.972% of the position

Long on ApeX Omni Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.049%−$5 on $10k

Price spread, last 4 days (all we have)+0.279%+$28 · spread now −0.380%, 7d avg −0.196%

Together, before fees+0.230%+$23 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: HTX is 0.184% cheaper against ApeX Omni than usual: you would sell low and buy high, −$18 on $10k if it goes back to its 7-day average of −0.196%. The two prices were read 76 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni WLDUSDT	0.4472	0.0100	pay 0.0013% / 1h	50m 05s	$47K	$249K	50x
Short	HTX WLD-USDT	0.4455	0.0100	get 0.0100% / 8h	4h 50m	$817K	$1.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now −0.380%Rate

Funding earned: $0
Price spread: −0.380% → −0.196%: −$18.43
Slippage, 4 orders: −$75.2
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee HTX: 6 bp × 2 orders: −$12
Net: −$115.64
Costs to cover: 0.972%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 54 min ago; HTX: live order book, 2 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, 54 min ago	7.84 bp	16.4 bp −$16	114.3 bp −$1,143	doesn't fit	doesn't fit
Sell HTX live order book, 2 min ago	6.73 bp	31.8 bp −$32	doesn't fit	doesn't fit	doesn't fit

WLD on 38 exchanges

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
Polymarket Perps WLD-USD	−0.0263%	1h	0.4473	+0.013%	$37K	$2.7M	10x	as long as short
Kraken Futures PF_WLDUSD	−0.0187%	1h	0.4463	−0.204%	$836K	$2.6M	50x	as long as short
Bybit WLDUSDT	−0.0135%	8h	0.4458	−0.313%	$63.6M	$84.7M	50x	as long as short
Nado WLD-PERP	−0.0105%	1h	0.4470	−0.034%	$233K	$157K	5x	as long as short
Gate WLD_USDT	−0.0102%	8h	0.4458	−0.313%	$7.0M	$30.8M	75x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4462	−0.228%	$152K	$31K	10x	as long as short
Kalshi KXWLDPERP	0.0000%	8h	0.4464	−0.179%	$59K	$4.2M	1.7x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4468	−0.089%	$102K	$1.1M	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4472	+0.011%	$65K	—	150x	as long as short
KuCoin WLDUSDTM	+0.0005%	8h	0.4455	−0.380%	$6.7M	$10.1M	50x	as long as short

Show all 38 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni WLD	+0.0006%	8h	0.4457	−0.328%	$2.0M	$1.4M	—	as long as short
01 Exchange WLDUSD	+0.0024%	1h	0.4472	−0.007%	$320	$55	5x	as long as short
Injective WLD/USDC PERP	+0.0033%	1h	0.4477	+0.112%	$6K	$185K	5.5x	as long as short
Phoenix WLD	+0.0036%	1h	0.4472	0.000%	$4K	$41K	10x	as long as short
Orderly PERP_WLD_USDC	+0.0079%	8h	0.4465	−0.157%	$27K	$209K	10x	as long as short
Lighter WLD	+0.0096%	1h	0.4463	−0.195%	$4.8M	$3.0M	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4459	−0.283%	$220K	$905K	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4462	−0.218%	$64K	$514K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4460	−0.278%	$84.5M	$313.0M	75x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4456	−0.358%	$34.2M	$141.2M	50x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4457	−0.335%	$41.0M	$55.0M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4457	−0.335%	$29.2M	$28.5M	75x	as long as short
BingX WLD-USDC	+0.0100%	8h	0.4458	−0.313%	—	$1.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4459	−0.295%	$127K	$277K	10x	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4471	−0.032%	$27K	$321K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4472	0.000%	$598K	$2.3M	10x	as long as short
ApeX Omni WLDUSDTlong	+0.0100%	1h	0.4472	long leg	$47K	$249K	50x
SunX WLD-USDT	+0.0100%	8h	0.4472	0.000%	$22K	$1.4M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4466	−0.134%	$229	$5K	10x	as long as short
HTX WLD-USDTshort	+0.0100%	8h	0.4455	−0.380%	$817K	$1.1M	50x
Phemex WLDUSDT	+0.0100%	8h	0.4456	−0.358%	$1.7M	$3.5M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4453	−0.425%	$210K	$645K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4466	−0.139%	$30K	$500	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4469	−0.060%	—	—	20x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0218% / S −0.0967%	1h	0.4473	+0.030%	$4K	—	100x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4459	−0.291%	$4.7M	$891K	75x	as long as short
Coinbase International WLD-PERP-INTX	+0.0264%	1h	0.4469	−0.067%	$271K	$974K	50x	as long as short
Hyperliquid WLD	+0.0629%	1h	0.4465	−0.161%	$51.1M	$28.7M	10x	as long as short