Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.016%

Price spread now: ApeX Omni against Binance−0.116%59s7-day average +0.065% · you buy dearer than you sell

Net, funding: paid 7d − costs−$33as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$450.455% of the position

Long on Binance Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.128%+$13 on $10k

Price spread, last 3 days (all we have)+0.418%+$42 · spread now −0.116%, 7d avg +0.065%

Together, before fees+0.546%+$55 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: ApeX Omni is 0.181% cheaper against Binance than usual: you would sell low and buy high, −$18 on $10k if it goes back to its 7-day average of +0.065%. The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance WLDUSDT	0.4629	0.0100	pay 0.0100% / 8h	54m 32s	$87.7M	$298.3M	75x
Short	ApeX Omni WLDUSDT	0.4624	0.0100	get 0.0013% / 1h	54m 32s	$56K	$228K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Binance. 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 BinancebpFee ApeX OmnibpOrdersPrice spread, now −0.116%Rate

Funding earned: $0
Price spread: −0.116% → +0.065%: −$18.09
Slippage, 4 orders: −$25.45
Fee Binance: 5 bp × 2 orders: −$10
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$63.54
Costs to cover: 0.455%
Break-even: never at this rate

Slippage from Binance: live order book, 4 min ago; ApeX Omni: live order book, 22 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 Binance live order book, 4 min ago	1.08 bp	6.3 bp −$6	13.7 bp −$137	52.2 bp −$5,221	206.0 bp −$103.0K
Sell ApeX Omni live order book, 22 min ago	7.66 bp	15.8 bp −$16	99.1 bp −$991	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	−0.0250%	8h	0.4617	−0.267%	$50K	$3.8M	1.7x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4630	+0.012%	$165K	$13K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4626	−0.072%	$110K	$881K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4625	−0.089%	$57K	—	150x	as long as short
Orderly PERP_WLD_USDC	+0.0010%	8h	0.4624	−0.116%	$28K	$909K	10x	as long as short
KuCoin WLDUSDTM	+0.0013%	8h	0.4630	+0.014%	$7.1M	$10.8M	50x	as long as short
Nado WLD-PERP	+0.0074%	1h	0.4627	−0.051%	$279K	$169K	5x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4630	+0.024%	$196K	$999K	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4632	+0.054%	$53K	$481K	5x	as long as short
Binance WLDUSDTlong	+0.0100%	8h	0.4629	long leg	$87.7M	$298.3M	75x

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit WLDUSDT	+0.0100%	8h	0.4627	−0.051%	$66.2M	$82.3M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4625	−0.094%	$34.6M	$143.2M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4630	+0.014%	$7.5M	$35.2M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4630	+0.014%	$50.1M	$51.4M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4630	+0.014%	$30.6M	$25.6M	75x	as long as short
BingX WLD-USDT	+0.0100%	8h	0.4630	+0.014%	—	$67.9M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4628	−0.020%	$131K	$269K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4623	−0.140%	$2.1M	$1.6M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4618	−0.248%	$27K	$315K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4625	−0.094%	$621K	$1.9M	10x	as long as short
ApeX Omni WLDUSDTshort	+0.0100%	1h	0.4624	−0.116%	$56K	$228K	50x
Polymarket Perps WLD-USD	+0.0100%	1h	0.4628	−0.020%	$42K	$1.6M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4629	−0.008%	$23K	$1.5M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4624	−0.116%	$205	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4617	−0.267%	$871K	$1.8M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4625	−0.094%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4629	−0.015%	$237K	$859K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4626	−0.072%	$31K	$5K	3x	as long as short
Phoenix WLD	+0.0124%	1h	0.4617	−0.275%	$5K	$53K	10x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4624	−0.118%	—	—	20x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4625	−0.094%	$4.9M	$824K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0261% / S −0.2221%	1h	0.4624	−0.115%	$9K	—	100x	as long as short
01 Exchange WLDUSD	+0.0272%	1h	0.4633	+0.081%	$331	$77	5x	as long as short
Injective WLD/USDC PERP	+0.0373%	1h	0.4612	−0.375%	$6K	$185K	5.5x	as long as short
Coinbase International WLD-PERP-INTX	+0.0440%	1h	0.4618	−0.245%	$274K	$1.6M	50x	as long as short
Hyperliquid WLD	+0.0654%	1h	0.4637	+0.174%	$50.4M	$42.8M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.0710%	1h	0.4629	−0.009%	$923K	$2.6M	50x	as long as short
Lighter WLD	+0.1568%	1h	0.4644	+0.314%	$5.3M	$2.0M	10x	as long as short