Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Pacifica against ApeX Omni−0.369%51s7-day average −0.031% · you buy dearer than you sell

Net, funding: paid 7d − costs−$51as 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−$520.517% of the position

Long on ApeX Omni Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days+0.002%$0 on $10k

Price spread, last 4 days (all we have)+0.116%+$12 · spread now −0.369%, 7d avg −0.031%

Together, before fees+0.118%+ Points / potential airdropPacifica: Active · farm board+$12 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: Pacifica is 0.338% cheaper against ApeX Omni than usual: you would sell low and buy high, −$34 on $10k if it goes back to its 7-day average of −0.031%. The two prices were read 51 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	0.4580	0.0100	pay 0.0013% / 1h	31m 55s	$43K	$237K	50x
Short	Pacifica WLD	0.4563	0.0100	get 0.0013% / 1h	31m 55s	$49K	$524K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 PacificabpOrdersPrice spread, now −0.369%Rate

Funding earned: $0
Price spread: −0.369% → −0.031%: −$33.77
Slippage, 4 orders: −$33.66
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$85.43
Costs to cover: 0.517%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 19 min ago; Pacifica: live order book, 22 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, 19 min ago	6.52 bp	14.5 bp −$15	113.7 bp −$1,137	doesn't fit	doesn't fit
Sell Pacifica live order book, 22 min ago	2.17 bp	12.1 bp −$12	doesn't fit	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
Nado WLD-PERP	−0.0031%	1h	0.4562	−0.393%	$242K	$205K	5x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4564	−0.345%	$156K	$33K	10x	as long as short
Kalshi KXWLDPERP	0.0000%	8h	0.4563	−0.371%	$51K	$4.7M	1.7x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4567	−0.280%	$66K	—	150x	as long as short
KuCoin WLDUSDTM	+0.0019%	8h	0.4561	−0.415%	$6.9M	$11.8M	50x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4570	−0.220%	$210K	$1.1M	50x	as long as short
Pacifica WLDshort	+0.0100%	1h	0.4563	−0.369%	$49K	$524K	5x
Binance WLDUSDT	+0.0100%	8h	0.4565	−0.331%	$87.1M	$329.8M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4561	−0.415%	$65.2M	$90.1M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4566	−0.306%	$34.5M	$151.3M	50x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate WLD_USDT	+0.0100%	8h	0.4564	−0.349%	$7.3M	$36.4M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4564	−0.349%	$42.7M	$54.5M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4566	−0.306%	$30.2M	$30.2M	75x	as long as short
BingX WLD-USDC	+0.0100%	8h	0.4566	−0.306%	—	$1.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4566	−0.310%	$137K	$302K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4568	−0.269%	$2.1M	$1.6M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4569	−0.235%	$27K	$320K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4571	−0.197%	$604K	$1.9M	10x	as long as short
ApeX Omni WLDUSDTlong	+0.0100%	1h	0.4580	long leg	$43K	$237K	50x
Polymarket Perps WLD-USD	+0.0100%	1h	0.4563	−0.369%	$40K	$2.1M	10x	as long as short
Orderly PERP_WLD_USDC	+0.0100%	8h	0.4567	−0.284%	$28K	$868K	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4568	−0.262%	$23K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4566	−0.306%	$205	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4554	−0.568%	$832K	$1.8M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4566	−0.306%	$1.8M	$3.6M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4562	−0.400%	$217K	$984K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4568	−0.251%	$31K	$600	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4564	−0.356%	—	—	20x	as long as short
Injective WLD/USDC PERP	+0.0142%	1h	0.4576	−0.087%	$6K	$185K	5.5x	as long as short
Phoenix WLD	+0.0157%	1h	0.4561	−0.404%	$5K	$52K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	+0.0188%	1h	0.4569	−0.240%	$124K	$959K	25x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4559	−0.459%	$4.9M	$891K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0229% / S −0.1268%	1h	0.4567	−0.283%	$5K	—	100x	as long as short
01 Exchange WLDUSD	+0.0304%	1h	0.4566	−0.297%	$327	$55	5x	as long as short
Hyperliquid WLD	+0.0433%	1h	0.4572	−0.175%	$50.3M	$43.4M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.0520%	1h	0.4568	−0.261%	$891K	$2.9M	50x	as long as short
Coinbase International WLD-PERP-INTX	+0.0560%	1h	0.4570	−0.218%	$267K	$1.7M	50x	as long as short
Lighter WLD	+0.0800%	1h	0.4576	−0.090%	$5.2M	$2.6M	10x	as long as short