Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.008%

Price spread now: Pacifica against Aster−0.002%7-day average +0.025% · you buy dearer than you sell

Net, funding: paid 7d − costs−$53as in the Funding arb table

Net, price: spread back to 7d avg − costs−$62as in the Price arb table

costs, in and out, $10k−$590.590% of the position

Long on Aster Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days+0.064%+$6 on $10k

Price spread, last 4 days (all we have)−0.015%−$2 · spread now −0.002%, 7d avg +0.025%

Together, before fees+0.049%+ Points / potential airdropAster: Stage 5 · Pacifica: Active · farm board+$5 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 0.026% cheaper against Aster than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.025%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster WLDUSDT	0.4584	0.0100	pay 0.0100% / 8h	4h 55m	$180K	$1.1M	50x
Short	Pacifica WLD	0.4584	0.0100	get 0.0013% / 1h	55m 34s	$49K	$528K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 PacificabpOrdersPrice spread, now −0.002%Rate

Funding earned: $0
Price spread: −0.002% → +0.025%: −$2.63
Slippage, 4 orders: −$43
Fee Aster: 4 bp × 2 orders: −$8
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$61.63
Costs to cover: 0.590%
Break-even: never at this rate

Slippage from Aster: live order book, 2 min ago; Pacifica: live order book, 3 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, 2 min ago	5.49 bp	15.6 bp −$16	33.0 bp −$330	doesn't fit	doesn't fit
Sell Pacifica live order book, 3 min ago	1.10 bp	12.2 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
Kalshi KXWLDPERP	−0.0112%	8h	0.4587	+0.064%	$58K	$4.6M	1.7x	as long as short
Nado WLD-PERP	−0.0091%	1h	0.4587	+0.075%	$243K	$205K	5x	as long as short
KuCoin WLDUSDTM	−0.0026%	8h	0.4577	−0.155%	$6.9M	$11.6M	50x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4583	−0.019%	$156K	$33K	10x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4589	+0.107%	$55K	—	150x	as long as short
Injective WLD/USDC PERP	+0.0014%	1h	0.4558	−0.569%	$6K	$185K	5.5x	as long as short
01 Exchange WLDUSD	+0.0048%	1h	0.4589	+0.105%	$328	$80	5x	as long as short
Orderly PERP_WLD_USDC	+0.0081%	8h	0.4589	+0.107%	$28K	$889K	10x	as long as short
Aster WLDUSDTlong	+0.0100%	8h	0.4584	long leg	$180K	$1.1M	50x
Pacifica WLDshort	+0.0100%	1h	0.4584	−0.002%	$49K	$528K	5x

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance WLDUSDT	+0.0100%	8h	0.4586	+0.042%	$87.1M	$327.4M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4584	−0.002%	$65.3M	$88.9M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4586	+0.042%	$34.3M	$149.2M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4586	+0.042%	$7.2M	$36.6M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4585	+0.020%	$44.3M	$53.5M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4589	+0.107%	$30.3M	$30.0M	75x	as long as short
BingX WLD-USDT	+0.0100%	8h	0.4588	+0.085%	—	$67.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4590	+0.136%	$137K	$297K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4586	+0.036%	$2.1M	$1.7M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4560	−0.521%	$27K	$318K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4584	−0.011%	$603K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4565	−0.416%	$50K	$236K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4588	+0.077%	$44K	$2.1M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4594	+0.216%	$23K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4588	+0.085%	$173	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4586	+0.042%	$839K	$1.9M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4590	+0.129%	$1.8M	$3.7M	50x	as long as short
Lighter WLD	+0.0104%	1h	0.4587	+0.055%	$5.0M	$2.4M	10x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4584	+0.009%	$227K	$974K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4589	+0.114%	$31K	$600	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4588	+0.092%	—	—	20x	as long as short
Hyperliquid WLD	+0.0166%	1h	0.4587	+0.075%	$50.3M	$43.3M	10x	as long as short
Phoenix WLD	+0.0172%	1h	0.4571	−0.290%	$5K	$52K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	+0.0186%	1h	0.4591	+0.151%	$115K	$923K	25x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4573	−0.242%	$4.9M	$842K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0229% / S −0.1268%	1h	0.4589	+0.115%	$5K	—	100x	as long as short
Kraken Futures PF_WLDUSD	+0.0478%	1h	0.4591	+0.161%	$889K	$2.8M	50x	as long as short
Coinbase International WLD-PERP-INTX	+0.0496%	1h	0.4563	−0.460%	$270K	$1.7M	50x	as long as short