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

WLD

all WLD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.008%
Price spread now: Phemex against Aster−0.120%7-day average +0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$168as in the Funding arb table
Net, price: spread back to 7d avg − costs−$187as in the Price arb table
costs, in and out, $10k−$1741.742% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.064%+$6 on $10k
Price spread, last 3 days (all we have)+0.682%+$68 · spread now −0.120%, 7d avg +0.005%
Together, before fees+0.747%+ Points / potential airdropAster: Stage 5 · farm board+$75 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: Phemex is 0.125% cheaper against Aster than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of +0.005%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster WLDUSDT0.45650.0100pay 0.0100% / 8h2h 48m$209K$977K50x
ShortPhemex WLDUSDT0.45600.0100get 0.0100% / 8h2h 48m$1.9M$3.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phemex 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
$0
Price spread: −0.120% → +0.005%
−$12.5
Slippage, 4 orders
−$154.21
Fee Aster: 4 bp × 2 orders
−$8
Fee Phemex: 6 bp × 2 orders
−$12
Net
−$186.71
Costs to cover
1.742%
Break-even
never at this rate
Slippage from Aster: live order book, 39 min ago; Phemex: live order book, 5 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, 39 min ago3.28 bp13.2 bp −$1331.6 bp −$316doesn't fitdoesn't fit
Sell Phemex live order book, 5 min ago15.22 bp84.1 bp −$84doesn't fitdoesn'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−0.0495%8h0.4555−0.230%$37K$3.8M1.7xas long as short
Variational Omni WLD−0.0055%8h0.4588+0.483%$2.1M$1.7Mas long as short
Orderly PERP_WLD_USDC−0.0028%8h0.4556−0.208%$28K$919K10xas long as short
dYdX WLD-USD0.0000%1h0.4570+0.099%$156K$6K10xas long as short
Deribit WLD_USDC-PERPETUAL0.0000%1h0.4557−0.186%$153K$785K25xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4555−0.230%$57K150xas long as short
KuCoin WLDUSDTM+0.0016%8h0.4563−0.055%$7.0M$10.7M50xas long as short
OKX WLD-USDT-SWAP+0.0045%8h0.4567+0.033%$34.5M$137.1M50xas long as short
Phoenix WLD+0.0052%1h0.4585+0.436%$5K$52K10xas long as short
Nado WLD-PERP+0.0054%1h0.4567+0.044%$273K$168K5xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit WLDUSDT+0.0075%8h0.4568+0.055%$67.1M$78.7M50xas long as short
ApeX Omni WLDUSDT+0.0084%1h0.4590+0.537%$55K$227K50xas long as short
MEXC WLD_USDT+0.0093%8h0.4566+0.011%$53.2M$46.6M300xas long as short
Binance WLDUSDT+0.0095%8h0.4568+0.045%$86.4M$290.6M75xas long as short
Aster WLDUSDTlong+0.0100%8h0.4565long leg$209K$977K50x
Pacifica WLD+0.0100%1h0.4569+0.072%$53K$473K5xas long as short
Gate WLD_USDT+0.0100%8h0.4567+0.033%$7.5M$34.1M75xas long as short
Bitget WLDUSDT+0.0100%8h0.4565−0.011%$30.2M$25.1M75xas long as short
BingX WLD-USDT+0.0100%8h0.4567+0.033%$67.9Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4559−0.133%$128K$281K10xas long as short
edgeX WLDUSDC+0.0100%4h0.4599+0.736%$27K$315K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4583+0.375%$620K$1.9M10xas long as short
Polymarket Perps WLD-USD+0.0100%1h0.4552−0.293%$56K$1.7M10xas long as short
SunX WLD-USDT+0.0100%8h0.4566+0.011%$23K$1.5M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4560−0.120%$199$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4558−0.164%$856K$1.7M50xas long as short
Phemex WLDUSDTshort+0.0100%8h0.4560−0.120%$1.9M$3.8M50x
Extended WLD-USD+0.0104%1h0.4565−0.008%$133K$745K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4562−0.076%$31K$5K3xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4552−0.293%20xas long as short
BloFin WLD-USDT+0.0213%8h0.4556−0.208%$5.0M$875K75xas long as short
GMX WLD/USD [ETH-USDC]L +0.0222% / S −0.1831%1h0.4554−0.255%$9K100xas long as short
Hyperliquid WLD+0.0272%1h0.4571+0.116%$47.4M$40.4M10xas long as short
Injective WLD/USDC PERP+0.0374%1h0.4622+1.238%$6K$139K5.5xas long as short
Coinbase International WLD-PERP-INTX+0.0400%1h0.4564−0.033%$275K$1.6M50xas long as short
01 Exchange WLDUSD+0.0680%1h0.4570+0.094%$327$775xas long as short
Kraken Futures PF_WLDUSD+0.1092%1h0.4566+0.017%$919K$2.5M50xas long as short
Lighter WLD+0.1112%1h0.4578+0.274%$5.1M$2.0M10xas long as short