Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0097%/8h= −10.7% APRpaid last 24h −0.021%

Price spread now: gTrade (Gains Network) against Aster−0.099%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Aster Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.099% cheaper against Aster than usual: you would sell low and buy high (−$10 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster WLDUSDT	0.4538	0.0100	pay 0.0100% / 8h	2h 36m	$208K	$981K	50x
Short	gTrade (Gains Network) WLD/USD	0.4534	L +0.0003% / S −0.0003%	get 0.0000% / 1h	36m 21s	$56K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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 gTrade (Gains Network)bpOrdersPrice spread, now −0.099%Rate

Funding earned: −$20.44
Price spread: −0.099% → 0.000%: −$9.92
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$48.35
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Aster: live order book, 51 min ago; gTrade (Gains Network): no order-book sample. Net counts fees only.

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, 51 min ago	3.28 bp	13.2 bp −$13	31.6 bp −$316	doesn't fit	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0581%	8h	0.4537	−0.024%	$44K	$3.8M	1.7x	as long as short
Variational Omni WLD	−0.0037%	8h	0.4543	+0.098%	$2.1M	$1.6M	—	as long as short
Orderly PERP_WLD_USDC	−0.0026%	8h	0.4534	−0.090%	$28K	$918K	10x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4540	+0.032%	$155K	$6K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4545	+0.152%	$136K	$889K	25x	as long as short
gTrade (Gains Network) WLD/USDshort	L +0.0003% / S −0.0003%	1h	0.4534	−0.099%	$56K	—	150x
KuCoin WLDUSDTM	+0.0015%	8h	0.4535	−0.068%	$7.0M	$10.7M	50x	as long as short
Nado WLD-PERP	+0.0049%	1h	0.4535	−0.057%	$271K	$168K	5x	as long as short
Phoenix WLD	+0.0052%	1h	0.4536	−0.053%	$5K	$52K	10x	as long as short
OKX WLD-USDT-SWAP	+0.0061%	8h	0.4531	−0.156%	$34.0M	$137.2M	50x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit WLDUSDT	+0.0096%	8h	0.4533	−0.112%	$65.0M	$80.0M	50x	as long as short
Hyperliquid WLD	+0.0100%	1h	0.4540	+0.051%	$47.0M	$40.7M	10x	as long as short
Aster WLDUSDTlong	+0.0100%	8h	0.4538	long leg	$208K	$981K	50x
Pacifica WLD	+0.0100%	1h	0.4537	−0.030%	$50K	$482K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4536	−0.053%	$85.7M	$291.5M	75x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4536	−0.046%	$7.4M	$34.4M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4535	−0.068%	$52.5M	$47.0M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4533	−0.112%	$30.0M	$25.1M	75x	as long as short
BingX WLD-USDT	+0.0100%	8h	0.4535	−0.068%	—	$67.9M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4543	+0.110%	$129K	$274K	10x	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4544	+0.139%	$27K	$315K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4543	+0.110%	$613K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4542	+0.086%	$55K	$226K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4536	−0.050%	$54K	$1.7M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4547	+0.196%	$22K	$1.5M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4542	+0.086%	$198	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4539	+0.020%	$856K	$1.8M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4543	+0.108%	$1.8M	$3.8M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4533	−0.123%	$132K	$745K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4545	+0.141%	$31K	$5K	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4536	−0.049%	—	—	20x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0217% / S −0.0307%	1h	0.4535	−0.057%	$12K	—	100x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4545	+0.152%	$4.9M	$802K	75x	as long as short
Injective WLD/USDC PERP	+0.0374%	1h	0.4622	+1.849%	$6K	$139K	5.5x	as long as short
Coinbase International WLD-PERP-INTX	+0.0400%	1h	0.4544	+0.130%	$281K	$1.6M	50x	as long as short
01 Exchange WLDUSD	+0.0472%	1h	0.4538	−0.011%	$325	$77	5x	as long as short
Lighter WLD	+0.1040%	1h	0.4545	+0.143%	$5.1M	$2.0M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.1098%	1h	0.4545	+0.145%	$923K	$2.6M	50x	as long as short