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

WLD

all WLD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.036%
Price spread now: BloFin against Binance−0.160%51s7-day average +0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$9as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$340.342% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.253%+$25 on $10k
Price spread, last 3 days (all we have)+0.323%+$32 · spread now −0.160%, 7d avg +0.033%
Together, before fees+0.576%+$58 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.193% cheaper against Binance than usual: you would sell low and buy high (spread −0.160% now, against its 7-day average of +0.033%). If the spread goes back, that is −$19 on $10k: about 5.4 days of funding at the current rate (+$4 a day). The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance WLDUSDT0.46250.0100pay 0.0100% / 8h7h 40m$87.6M$304.0M75x
ShortBloFin WLD-USDT0.46180.0220get 0.0220% / 8h7h 40m$4.9M$829K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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

Funding earned
$25.2
Price spread: −0.160% → +0.033%
−$19.34
Slippage, 4 orders
−$12.15
Fee Binance: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$28.3
Costs to cover
0.342%
Break-even
14.9 days
Slippage from Binance: live order book, 3 min ago; BloFin: live order book, 3 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 Binance live order book, 3 min ago1.08 bp9.0 bp −$916.4 bp −$16458.3 bp −$5,826212.5 bp −$106.2K
Sell BloFin live order book, 3 min ago3.25 bp9.8 bp −$1012.7 bp −$12751.0 bp −$5,104132.0 bp −$66.0K

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−0.0190%8h0.4619−0.139%$64K$3.9M1.7xas long as short
Nado WLD-PERP−0.0031%1h0.4627+0.034%$279K$169K5xas long as short
KuCoin WLDUSDTM−0.0012%8h0.4623−0.052%$7.0M$11.1M50xas long as short
dYdX WLD-USD0.0000%1h0.4624−0.025%$165K$13K10xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4627+0.034%$57K150xas long as short
Injective WLD/USDC PERP+0.0038%1h0.4597−0.614%$6K$185K5.5xas long as short
Orderly PERP_WLD_USDC+0.0041%8h0.4627+0.034%$28K$903K10xas long as short
Aster WLDUSDT+0.0100%8h0.4626+0.014%$193K$984K50xas long as short
Pacifica WLD+0.0100%1h0.4626+0.020%$54K$483K5xas long as short
Binance WLDUSDTlong+0.0100%8h0.4625long leg$87.6M$304.0M75x
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit WLDUSDT+0.0100%8h0.4625−0.009%$66.4M$82.4M50xas long as short
OKX WLD-USDT-SWAP+0.0100%8h0.4625−0.009%$34.6M$144.7M50xas long as short
Gate WLD_USDT+0.0100%8h0.4626+0.012%$7.5M$35.2M75xas long as short
MEXC WLD_USDT+0.0100%8h0.4626+0.012%$47.1M$53.3M300xas long as short
Bitget WLDUSDT+0.0100%8h0.4625−0.009%$30.6M$26.1M75xas long as short
BingX WLD-USDC+0.0100%8h0.4626+0.012%$1.3Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4623−0.059%$137K$280K10xas long as short
Variational Omni WLD+0.0100%8h0.4618−0.165%$2.1M$1.7Mas long as short
edgeX WLDUSDC+0.0100%4h0.4607−0.404%$27K$316K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4612−0.287%$609K$1.9M10xas long as short
ApeX Omni WLDUSDT+0.0100%1h0.4590−0.766%$54K$229K50xas long as short
Polymarket Perps WLD-USD+0.0100%1h0.4627+0.036%$56K$1.6M10xas long as short
SunX WLD-USDT+0.0100%8h0.4631+0.121%$23K$1.5M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4626+0.012%$221$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4618−0.160%$859K$1.8M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4618−0.160%$1.8M$3.7M50xas long as short
Extended WLD-USD+0.0104%1h0.4624−0.030%$234K$847K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4626+0.020%$31K$6003xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4624−0.024%20xas long as short
Phoenix WLD+0.0157%1h0.4615−0.219%$5K$53K10xas long as short
Deribit WLD_USDC-PERPETUAL+0.0182%1h0.4629+0.077%$124K$863K25xas long as short
BloFin WLD-USDTshort+0.0220%8h0.4618−0.160%$4.9M$829K75x
GMX WLD/USD [ETH-USDC]L +0.0229% / S −0.1268%1h0.4626+0.016%$5K100xas long as short
01 Exchange WLDUSD+0.0248%1h0.4628+0.064%$331$775xas long as short
Kraken Futures PF_WLDUSD+0.0326%1h0.4629+0.082%$912K$2.7M50xas long as short
Coinbase International WLD-PERP-INTX+0.0448%1h0.4622−0.074%$274K$1.7M50xas long as short
Hyperliquid WLD+0.0729%1h0.4633+0.175%$51.6M$43.5M10xas long as short
Lighter WLD+0.0944%1h0.4635+0.209%$5.2M$2.0M10xas long as short