Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.015%

Price spread now: OKX against ApeX Omni−0.197%7-day average −0.097% · you buy dearer than you sell

Net, funding: paid 7d − costs−$84as in the Funding arb table

Net, price: spread back to 7d avg − costs−$83as in the Price arb table

costs, in and out, $10k−$730.729% of the position

Long on ApeX Omni Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.112%−$11 on $10k

Price spread, last 3 days (all we have)−0.020%−$2 · spread now −0.197%, 7d avg −0.097%

Together, before fees−0.132%−$13 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: OKX is 0.100% cheaper against ApeX Omni than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of −0.097%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni WLDUSDT	0.4580	0.0100	pay 0.0013% / 1h	59m 04s	$55K	$228K	50x
Short	OKX WLD-USDT-SWAP	0.4571	0.0100	get 0.0100% / 8h	7h 59m	$34.3M	$143.3M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.197%Rate

Funding earned: $0
Price spread: −0.197% → −0.097%: −$9.99
Slippage, 4 orders: −$52.88
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee OKX: 5 bp × 2 orders: −$10
Net: −$82.88
Costs to cover: 0.729%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 12 min ago; OKX: live order book, 5 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, 12 min ago	8.73 bp	39.3 bp −$39	125.7 bp −$1,257	doesn't fit	doesn't fit
Sell OKX live order book, 5 min ago	1.09 bp	8.8 bp −$9	16.7 bp −$167	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
Kalshi KXWLDPERP	−0.0196%	8h	0.4581	+0.022%	$65K	$3.9M	1.7x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4583	+0.062%	$164K	$13K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4580	0.000%	$122K	$891K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4579	−0.017%	$56K	—	150x	as long as short
KuCoin WLDUSDTM	+0.0004%	8h	0.4575	−0.109%	$7.0M	$11.0M	50x	as long as short
Injective WLD/USDC PERP	+0.0038%	1h	0.4585	+0.109%	$6K	$185K	5.5x	as long as short
Orderly PERP_WLD_USDC	+0.0039%	8h	0.4577	−0.066%	$28K	$906K	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4580	−0.007%	$192K	$1.0M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4580	−0.011%	$54K	$487K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4571	−0.189%	$86.4M	$303.9M	75x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit WLDUSDT	+0.0100%	8h	0.4571	−0.197%	$65.7M	$82.8M	50x	as long as short
OKX WLD-USDT-SWAPshort	+0.0100%	8h	0.4571	−0.197%	$34.3M	$143.3M	50x
Gate WLD_USDT	+0.0100%	8h	0.4574	−0.131%	$7.5M	$34.9M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4572	−0.175%	$46.3M	$53.0M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4572	−0.175%	$30.3M	$26.1M	75x	as long as short
BingX WLD-USDC	+0.0100%	8h	0.4575	−0.109%	—	$1.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4577	−0.070%	$136K	$283K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4578	−0.046%	$2.0M	$1.7M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4577	−0.064%	$27K	$318K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4585	+0.109%	$608K	$1.9M	10x	as long as short
ApeX Omni WLDUSDTlong	+0.0100%	1h	0.4580	long leg	$55K	$228K	50x
Polymarket Perps WLD-USD	+0.0100%	1h	0.4582	+0.046%	$48K	$1.6M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4584	+0.087%	$23K	$1.5M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4578	−0.044%	$216	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4582	+0.044%	$853K	$1.8M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4577	−0.066%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4572	−0.183%	$231K	$847K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4580	+0.003%	$31K	$5K	3x	as long as short
Phoenix WLD	+0.0104%	1h	0.4586	+0.120%	$5K	$53K	10x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4579	−0.025%	—	—	20x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4581	+0.022%	$4.9M	$822K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0229% / S −0.1268%	1h	0.4578	−0.047%	$5K	—	100x	as long as short
Kraken Futures PF_WLDUSD	+0.0329%	1h	0.4583	+0.058%	$903K	$2.7M	50x	as long as short
Nado WLD-PERP	+0.0331%	1h	0.4578	−0.033%	$276K	$169K	5x	as long as short
01 Exchange WLDUSD	+0.0384%	1h	0.4583	+0.068%	$328	$77	5x	as long as short
Coinbase International WLD-PERP-INTX	+0.0448%	1h	0.4585	+0.109%	$273K	$1.6M	50x	as long as short
Hyperliquid WLD	+0.0577%	1h	0.4582	+0.044%	$50.8M	$43.6M	10x	as long as short
Lighter WLD	+0.1184%	1h	0.4590	+0.225%	$5.2M	$2.0M	10x	as long as short