Settings8H · net · $10k
Funding arb · Price arb /

WLD

all WLD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC+0.0300%/8h= +32.8% APRpaid last 24h +0.043%
Price spread now: Coinbase International against Aster+0.074%7-day average +0.052% · you sell dearer than you buy
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$660.661% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.054%+$5 on $10k
Price spread, last 3 days (all we have)+0.136%+$14 · spread now +0.074%, 7d avg +0.052%
Together, before fees+0.190%+ Points / potential airdropAster: Stage 5 · farm board+$19 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Coinbase International is 0.022% dearer against Aster than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.052%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.054% in total (about 2.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster WLDUSDT0.45370.0100pay 0.0100% / 8h2h 15m$215K$982K50x
ShortCoinbase International WLD-PERP-INTX0.45400.0400get 0.0050% / 1h15m 00s$279K$1.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Aster. 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

Funding earned
$63
Price spread: +0.074% → +0.052%
$2.23
Slippage, 4 orders
−$48.12
Fee Aster: 4 bp × 2 orders
−$8
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$0.9
Costs to cover
0.661%
Break-even
7.1 days
Slippage from Aster: live order book, 8 min ago; Coinbase International: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 8 min ago2.20 bp11.3 bp −$1131.9 bp −$319doesn't fitdoesn't fit
Sell Coinbase International live order book, 4 min ago7.69 bp20.6 bp −$2125.1 bp −$251doesn't fitdoesn't fit

WLD on 38 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kalshi KXWLDPERP−0.0470%8h0.4539+0.052%$45K$3.8M1.7xas long as short
Orderly PERP_WLD_USDC−0.0019%8h0.4536−0.014%$28K$917K10xas long as short
dYdX WLD-USD0.0000%1h0.4535−0.042%$155K$6K10xas long as short
KuCoin WLDUSDTM0.0000%8h0.4534−0.058%$7.0M$10.7M50xas long as short
Deribit WLD_USDC-PERPETUAL0.0000%1h0.4540+0.074%$123K$911K25xas long as short
Variational Omni WLD+0.0001%8h0.4531−0.118%$2.1M$1.6Mas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4536−0.004%$56K150xas long as short
Nado WLD-PERP+0.0035%1h0.4531−0.135%$270K$168K5xas long as short
Phoenix WLD+0.0052%1h0.4542+0.116%$5K$52K10xas long as short
OKX WLD-USDT-SWAP+0.0078%8h0.4532−0.102%$33.8M$137.8M50xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance WLDUSDT+0.0087%8h0.4535−0.036%$85.2M$292.9M75xas long as short
MEXC WLD_USDT+0.0090%8h0.4535−0.036%$53.3M$47.8M300xas long as short
Hyperliquid WLD+0.0100%1h0.4540+0.076%$46.5M$41.2M10xas long as short
Aster WLDUSDTlong+0.0100%8h0.4537long leg$215K$982K50x
Pacifica WLD+0.0100%1h0.4532−0.102%$51K$482K5xas long as short
Bybit WLDUSDT+0.0100%8h0.4535−0.036%$64.7M$80.3M50xas long as short
Gate WLD_USDT+0.0100%8h0.4533−0.080%$7.4M$34.8M75xas long as short
Bitget WLDUSDT+0.0100%8h0.4534−0.058%$30.1M$25.2M75xas long as short
BingX WLD-USDT+0.0100%8h0.4534−0.058%$68.1Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4539+0.048%$129K$270K10xas long as short
edgeX WLDUSDC+0.0100%4h0.4539+0.054%$27K$316K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4539+0.052%$609K$1.9M10xas long as short
ApeX Omni WLDUSDT+0.0100%1h0.4540+0.074%$55K$226K50xas long as short
Polymarket Perps WLD-USD+0.0100%1h0.4530−0.151%$51K$1.7M10xas long as short
SunX WLD-USDT+0.0100%8h0.4536−0.014%$22K$1.5M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4536−0.014%$198$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4535−0.036%$855K$1.8M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4538+0.030%$1.8M$3.7M50xas long as short
Extended WLD-USD+0.0104%1h0.4534−0.062%$132K$745K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4539+0.049%$31K$5K3xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4529−0.163%20xas long as short
BloFin WLD-USDT+0.0207%8h0.4535−0.036%$4.9M$806K75xas long as short
GMX WLD/USD [ETH-USDC]L +0.0216% / S −0.1712%1h0.4537+0.002%$9K100xas long as short
01 Exchange WLDUSD+0.0328%1h0.4534−0.065%$324$775xas long as short
Injective WLD/USDC PERP+0.0374%1h0.4542+0.118%$6K$185K5.5xas long as short
Coinbase International WLD-PERP-INTXshort+0.0400%1h0.4540+0.074%$279K$1.6M50x
Lighter WLD+0.0968%1h0.4548+0.244%$5.1M$2.1M10xas long as short
Kraken Futures PF_WLDUSD+0.1099%1h0.4540+0.080%$923K$2.6M50xas long as short