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

WLD

all WLD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0180%/8h= +19.7% APRnext payment +$0.22 per $10,000 · paid last 24h −0.059%
Price spread now: 01 Exchange against Backpack+0.057%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and 01 Exchange is 0.057% dearer against Backpack than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBackpack WLD_USDC_PERP0.45800.0100pay 0.0013% / 1h33m 50s$129K$272K10x
Short01 Exchange WLDUSD0.45830.0280get 0.0035% / 1h33m 50s$328$775x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange against Backpack. 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
$37.8
Price spread: +0.057% → 0.000%
$5.68
Slippage, 4 orders
no order book: not counted
Fee Backpack: 5 bp × 2 orders
−$10
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
$26.48
Costs to cover
0.170%
Break-even
2.1 days
Slippage unknown: Backpack: live order book, 44 min ago; 01 Exchange: 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
LegHalf-spread$10k$100k$1M$5M
Buy Backpack live order book, 44 min ago0.33 bp8.2 bp −$8doesn't fitdoesn't fitdoesn't fit
Sell 01 Exchange no order-book sample
01 Exchange: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kalshi KXWLDPERP−0.0214%8h0.4580−0.004%$63K$3.9M1.7xas long as short
dYdX WLD-USD0.0000%1h0.4583+0.059%$164K$13K10xas long as short
Deribit WLD_USDC-PERPETUAL0.0000%1h0.4579−0.026%$111K$883K25xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4580−0.008%$57K150xas long as short
KuCoin WLDUSDTM+0.0017%8h0.4577−0.070%$6.9M$10.9M50xas long as short
Orderly PERP_WLD_USDC+0.0026%8h0.4578−0.048%$28K$909K10xas long as short
Nado WLD-PERP+0.0059%1h0.4580−0.004%$276K$169K5xas long as short
Aster WLDUSDT+0.0100%8h0.4581+0.010%$189K$1.0M50xas long as short
Pacifica WLD+0.0100%1h0.4583+0.066%$53K$483K5xas long as short
Binance WLDUSDT+0.0100%8h0.4574−0.125%$86.4M$301.4M75xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit WLDUSDT+0.0100%8h0.4574−0.135%$65.5M$82.7M50xas long as short
OKX WLD-USDT-SWAP+0.0100%8h0.4574−0.135%$34.1M$142.6M50xas long as short
Gate WLD_USDT+0.0100%8h0.4577−0.070%$7.4M$35.6M75xas long as short
MEXC WLD_USDT+0.0100%8h0.4575−0.114%$45.9M$52.6M300xas long as short
Bitget WLDUSDT+0.0100%8h0.4575−0.114%$30.2M$25.8M75xas long as short
BingX WLD-USDC+0.0100%8h0.4578−0.048%$1.3Mas long as short
Backpack WLD_USDC_PERPlong+0.0100%1h0.4580long leg$129K$272K10x
Variational Omni WLD+0.0100%8h0.4579−0.027%$2.1M$1.6Mas long as short
edgeX WLDUSDC+0.0100%4h0.4583+0.061%$27K$316K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4584+0.077%$618K$1.9M10xas long as short
ApeX Omni WLDUSDT+0.0100%1h0.4583+0.061%$55K$228K50xas long as short
Polymarket Perps WLD-USD+0.0100%1h0.4580−0.002%$45K$1.6M10xas long as short
SunX WLD-USDT+0.0100%8h0.4586+0.127%$23K$1.5M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4578−0.048%$213$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4575−0.114%$852K$1.8M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4579−0.026%$1.8M$3.7M50xas long as short
Extended WLD-USD+0.0104%1h0.4576−0.087%$234K$845K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4580−0.007%$31K$5K3xas long as short
Phoenix WLD+0.0104%1h0.4590+0.214%$5K$53K10xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4577−0.070%20xas long as short
BloFin WLD-USDT+0.0220%8h0.4577−0.070%$4.9M$823K75xas long as short
GMX WLD/USD [ETH-USDC]L +0.0229% / S −0.1268%1h0.4579−0.029%$5K100xas long as short
01 Exchange WLDUSDshort+0.0280%1h0.4583+0.057%$328$775x
Injective WLD/USDC PERP+0.0373%1h0.4592+0.258%$6K$185K5.5xas long as short
Coinbase International WLD-PERP-INTX+0.0440%1h0.4585+0.105%$271K$1.6M50xas long as short
Hyperliquid WLD+0.0531%1h0.4581+0.017%$49.7M$43.0M10xas long as short
Kraken Futures PF_WLDUSD+0.0718%1h0.4581+0.026%$905K$2.7M50xas long as short
Lighter WLD+0.1488%1h0.4590+0.214%$5.2M$2.0M10xas long as short