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 0.000%

Price spread now: SunX against ApeX Omni+0.303%7-day average +0.103% · you sell dearer than you buy

Net, funding: paid 7d − costs−$117as in the Funding arb table

Net, price: spread back to 7d avg − costs−$97as in the Price arb table

costs, in and out, $10k−$1171.167% of the position

Long on ApeX Omni Short on SunX

What this pair did over the last

the charts below follow

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

Price spread, last 3 days (all we have)+0.113%+$11 · spread now +0.303%, 7d avg +0.103%

Together, before fees+0.115%+$11 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: SunX is 0.200% dearer against ApeX Omni than usual: you sell high and buy low, +$20 on $10k if it goes back to its 7-day average of +0.103%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni WLDUSDT	0.4627	0.0100	pay 0.0013% / 1h	50m 37s	$56K	$228K	50x
Short	SunX WLD-USDT	0.4641	0.0100	get 0.0100% / 8h	50m 37s	$23K	$1.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.303%Rate

Funding earned: $0
Price spread: +0.303% → +0.103%: $19.97
Slippage, 4 orders: −$98.74
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee SunX: 4 bp × 2 orders: −$8
Net: −$96.77
Costs to cover: 1.167%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 26 min ago; SunX: 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, 26 min ago	7.66 bp	15.5 bp −$15	97.7 bp −$977	doesn't fit	doesn't fit
Sell SunX live order book, 4 min ago	30.22 bp	46.5 bp −$47	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
Kalshi KXWLDPERP	−0.0241%	8h	0.4629	+0.043%	$42K	$3.8M	1.7x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4631	+0.095%	$165K	$13K	10x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4637	+0.216%	$58K	—	150x	as long as short
Orderly PERP_WLD_USDC	+0.0011%	8h	0.4637	+0.216%	$28K	$909K	10x	as long as short
KuCoin WLDUSDTM	+0.0017%	8h	0.4632	+0.108%	$7.1M	$10.9M	50x	as long as short
Nado WLD-PERP	+0.0074%	1h	0.4633	+0.130%	$279K	$169K	5x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4634	+0.143%	$196K	$1.0M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4634	+0.143%	$53K	$481K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4633	+0.130%	$87.8M	$298.7M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4630	+0.065%	$66.3M	$82.4M	50x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4627	0.000%	$34.6M	$143.2M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4633	+0.130%	$7.5M	$35.2M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4629	+0.043%	$50.2M	$51.7M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4627	0.000%	$30.6M	$25.7M	75x	as long as short
BingX WLD-USDC	+0.0100%	8h	0.4628	+0.022%	—	$1.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4638	+0.238%	$131K	$269K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4623	−0.089%	$2.1M	$1.6M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4624	−0.063%	$27K	$315K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4635	+0.172%	$626K	$1.9M	10x	as long as short
ApeX Omni WLDUSDTlong	+0.0100%	1h	0.4627	long leg	$56K	$228K	50x
Polymarket Perps WLD-USD	+0.0100%	1h	0.4636	+0.186%	$43K	$1.6M	10x	as long as short
SunX WLD-USDTshort	+0.0100%	8h	0.4641	+0.303%	$23K	$1.5M	50x
SoDEX WLD-USD	+0.0100%	1h	0.4637	+0.216%	$206	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4635	+0.173%	$875K	$1.8M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4636	+0.195%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4626	−0.030%	$237K	$859K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4639	+0.259%	$31K	$5K	3x	as long as short
Phoenix WLD	+0.0104%	1h	0.4632	+0.119%	$5K	$53K	10x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4632	+0.117%	—	—	20x	as long as short
Deribit WLD_USDC-PERPETUAL	+0.0181%	1h	0.4639	+0.259%	$110K	$881K	25x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4639	+0.259%	$4.9M	$831K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0261% / S −0.2221%	1h	0.4636	+0.203%	$9K	—	100x	as long as short
01 Exchange WLDUSD	+0.0288%	1h	0.4639	+0.262%	$332	$77	5x	as long as short
Injective WLD/USDC PERP	+0.0373%	1h	0.4612	−0.324%	$6K	$185K	5.5x	as long as short
Coinbase International WLD-PERP-INTX	+0.0440%	1h	0.4638	+0.238%	$276K	$1.7M	50x	as long as short
Hyperliquid WLD	+0.0638%	1h	0.4641	+0.311%	$50.5M	$42.8M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.0709%	1h	0.4640	+0.274%	$924K	$2.6M	50x	as long as short
Lighter WLD	+0.1656%	1h	0.4645	+0.398%	$5.3M	$2.0M	10x	as long as short