Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: MEXC against Binance−0.079%7-day average −0.007% · you buy dearer than you sell

Net, funding: paid 7d − costs−$32as in the Funding arb table

Net, price: spread back to 7d avg − costs−$39as in the Price arb table

costs, in and out, $10k−$320.319% of the position

Long on Binance Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 7 days+0.088%+$9 · spread now −0.079%, 7d avg −0.007%

Together, before fees+0.088%+$9 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: MEXC is 0.072% cheaper against Binance than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.007%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance WLDUSDT	0.4726	0.0100	pay 0.0100% / 8h	6h 50m	$90.4M	$318.6M	75x
Short	MEXC WLD_USDT	0.4722	0.0100	get 0.0100% / 8h	6h 50m	$48.2M	$54.6M	300x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.079%Rate

Funding earned: $0
Price spread: −0.079% → −0.007%: −$7.18
Slippage, 4 orders: −$21.95
Fee Binance: 5 bp × 2 orders: −$10
Fee MEXC: 0 bp × 2 orders: $0
Net: −$39.13
Costs to cover: 0.319%
Break-even: never at this rate

Slippage from Binance: live order book, 8 min ago; MEXC: 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 Binance live order book, 8 min ago	1.07 bp	6.1 bp −$6	14.1 bp −$141	64.8 bp −$6,479	237.7 bp −$118.8K
Sell MEXC live order book, 3 min ago	2.14 bp	6.4 bp −$6	10.9 bp −$109	38.5 bp −$3,853	81.2 bp −$40.6K

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
ApeX Omni WLDUSDT	−0.0349%	1h	0.4701	−0.524%	$51K	$243K	50x	as long as short
Injective WLD/USDC PERP	−0.0235%	1h	0.4675	−1.074%	$6K	$185K	5.5x	as long as short
Kalshi KXWLDPERP	−0.0156%	8h	0.4697	−0.608%	$29K	$4.2M	1.7x	as long as short
KuCoin WLDUSDTM	−0.0025%	8h	0.4715	−0.227%	$7.0M	$11.4M	50x	as long as short
Nado WLD-PERP	−0.0007%	1h	0.4724	−0.026%	$274K	$178K	5x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4719	−0.136%	$161K	$19K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4700	−0.545%	$132K	$909K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4700	−0.546%	$67K	—	150x	as long as short
Orderly PERP_WLD_USDC	+0.0053%	8h	0.4700	−0.545%	$29K	$899K	10x	as long as short
Phoenix WLD	+0.0068%	1h	0.4715	−0.229%	$5K	$54K	10x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster WLDUSDT	+0.0100%	8h	0.4719	−0.140%	$182K	$1.0M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4719	−0.136%	$55K	$487K	5x	as long as short
Binance WLDUSDTlong	+0.0100%	8h	0.4726	long leg	$90.4M	$318.6M	75x
Bybit WLDUSDT	+0.0100%	8h	0.4727	+0.027%	$68.0M	$85.5M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4727	+0.027%	$35.7M	$153.0M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4724	−0.037%	$7.5M	$36.6M	75x	as long as short
MEXC WLD_USDTshort	+0.0100%	8h	0.4722	−0.079%	$48.2M	$54.6M	300x
Bitget WLDUSDT	+0.0100%	8h	0.4726	+0.005%	$31.6M	$28.4M	75x	as long as short
BingX WLD-USDT	+0.0100%	8h	0.4723	−0.058%	—	$67.5M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4703	−0.483%	$140K	$285K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4706	−0.423%	$2.1M	$1.7M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4688	−0.789%	$28K	$317K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4708	−0.383%	$623K	$1.9M	10x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4730	+0.086%	$69K	$1.9M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4714	−0.248%	$24K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4703	−0.481%	$226	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4702	−0.502%	$890K	$1.9M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4702	−0.502%	$1.9M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4723	−0.059%	$218K	$879K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4702	−0.513%	$32K	$600	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4724	−0.042%	—	—	20x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4696	−0.629%	$5.0M	$878K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0239% / S −0.1538%	1h	0.4702	−0.511%	$6K	—	100x	as long as short
01 Exchange WLDUSD	+0.0328%	1h	0.4732	+0.132%	$339	$77	5x	as long as short
Coinbase International WLD-PERP-INTX	+0.0456%	1h	0.4706	−0.418%	$277K	$1.7M	50x	as long as short
Kraken Futures PF_WLDUSD	+0.0636%	1h	0.4706	−0.410%	$934K	$2.8M	50x	as long as short
Hyperliquid WLD	+0.0742%	1h	0.4734	+0.173%	$53.0M	$44.5M	10x	as long as short
Lighter WLD	+0.0800%	1h	0.4732	+0.124%	$5.4M	$2.1M	10x	as long as short