Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.025%

Price spread now: Deribit against Aster+0.022%7-day average +0.038% · you sell dearer than you buy

Net, funding: paid 7d − costs−$57as in the Funding arb table

Net, price: spread back to 7d avg − costs−$46as in the Price arb table

costs, in and out, $10k−$440.444% of the position

Long on Aster Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.123%−$12 on $10k

Price spread, last 4 days (all we have)+0.274%+$27 · spread now +0.022%, 7d avg +0.038%

Together, before fees+0.151%+ Points / potential airdropAster: Stage 5 · farm board+$15 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.038%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster WLDUSDT	0.4527	0.0100	pay 0.0100% / 8h	3h 13m	$212K	$1.1M	50x
Short	Deribit WLD_USDC-PERPETUAL	0.4528	0	get 0.0000% / 1h	13m 09s	$118K	$988K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit 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

Position, each leg$Hold fordaysFee AsterbpFee DeribitbpOrdersPrice spread, now +0.022%Rate

Funding earned: −$21
Price spread: +0.022% → +0.038%: −$1.56
Slippage, 4 orders: −$29.44
Fee Aster: 4 bp × 2 orders: −$8
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$66.99
Costs to cover: 0.444%
Break-even: never at this rate

Slippage from Aster: live order book, 5 min ago; Deribit: live order book, 41 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 Aster live order book, 5 min ago	3.30 bp	11.2 bp −$11	25.7 bp −$257	doesn't fit	doesn't fit
Sell Deribit live order book, 41 min ago	7.59 bp	11.1 bp −$11	18.1 bp −$181	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	−0.0025%	1h	0.4527	0.000%	$240K	$205K	5x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4528	+0.015%	$154K	$33K	10x	as long as short
Kalshi KXWLDPERP	0.0000%	8h	0.4527	0.000%	$65K	$4.7M	1.7x	as long as short
Deribit WLD_USDC-PERPETUALshort	0.0000%	1h	0.4528	+0.022%	$118K	$988K	25x
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4528	+0.017%	$65K	—	150x	as long as short
KuCoin WLDUSDTM	+0.0032%	8h	0.4525	−0.044%	$6.8M	$11.8M	50x	as long as short
Orderly PERP_WLD_USDC	+0.0099%	8h	0.4527	0.000%	$28K	$868K	10x	as long as short
Aster WLDUSDTlong	+0.0100%	8h	0.4527	long leg	$212K	$1.1M	50x
Pacifica WLD	+0.0100%	1h	0.4528	+0.012%	$50K	$526K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4525	−0.044%	$86.2M	$331.7M	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	0.4525	−0.044%	$64.3M	$90.2M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4526	−0.022%	$34.2M	$151.2M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4525	−0.044%	$7.2M	$36.7M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4526	−0.022%	$40.5M	$55.4M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4522	−0.110%	$29.8M	$30.2M	75x	as long as short
BingX WLD-USDC	+0.0100%	8h	0.4525	−0.044%	—	$1.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4526	−0.018%	$134K	$304K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4533	+0.126%	$2.1M	$1.7M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4538	+0.245%	$27K	$321K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4539	+0.265%	$602K	$2.0M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4544	+0.375%	$48K	$241K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4526	−0.033%	$41K	$2.2M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4532	+0.110%	$23K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4526	−0.022%	$207	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4529	+0.044%	$828K	$1.8M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4528	+0.022%	$1.8M	$3.6M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4523	−0.084%	$214K	$984K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4527	0.000%	$31K	$600	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4526	−0.016%	—	—	20x	as long as short
Injective WLD/USDC PERP	+0.0142%	1h	0.4538	+0.243%	$6K	$185K	5.5x	as long as short
Phoenix WLD	+0.0157%	1h	0.4532	+0.119%	$5K	$52K	10x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4524	−0.066%	$4.8M	$878K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0229% / S −0.1268%	1h	0.4528	+0.014%	$5K	—	100x	as long as short
01 Exchange WLDUSD	+0.0280%	1h	0.4526	−0.020%	$324	$55	5x	as long as short
Hyperliquid WLD	+0.0335%	1h	0.4530	+0.055%	$49.4M	$43.7M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.0524%	1h	0.4528	+0.021%	$869K	$2.9M	50x	as long as short
Coinbase International WLD-PERP-INTX	+0.0560%	1h	0.4532	+0.110%	$263K	$1.6M	50x	as long as short
Lighter WLD	+0.0776%	1h	0.4530	+0.062%	$4.9M	$2.9M	10x	as long as short