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% APRnext payment +$0.00 per $10,000 · paid last 24h −0.010%

Price spread now: Variational Omni against Binance+0.044%7-day average −0.041% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Binance Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.005%$0 on $10k

Price spread, last 7 days−0.076%−$8 · spread now +0.044%, 7d avg −0.041%

Together, before fees−0.081%+ Points / potential airdropVariational Omni: Active · farm board−$8 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: Variational Omni is 0.085% dearer against Binance than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.041%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance WLDUSDT	0.4577	0.0100	pay 0.0100% / 8h	32m 29s	$86.3M	$301.3M	75x
Short	Variational Omni WLD	0.4579	0.0100	get 0.0100% / 8h	32m 29s	$2.1M	$1.6M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational 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 Variational OmnibpOrdersPrice spread, now +0.044%Rate

Funding earned: $0
Price spread: +0.044% → −0.041%: $8.52
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$1.48
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 11 min ago; Variational Omni: RFQ quote, 2 min ago. Net counts fees only.

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, 11 min ago	1.09 bp	7.2 bp −$7	12.5 bp −$125	52.3 bp −$5,225	215.7 bp −$107.9K
Sell Variational Omni RFQ quote, 2 min ago	4.37 bp	doesn't fit	15.3 bp −$153	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	−0.0210%	8h	0.4579	+0.045%	$63K	$3.9M	1.7x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4578	+0.021%	$163K	$13K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4582	+0.111%	$111K	$883K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4580	+0.073%	$56K	—	150x	as long as short
KuCoin WLDUSDTM	+0.0015%	8h	0.4575	−0.042%	$6.9M	$10.9M	50x	as long as short
Orderly PERP_WLD_USDC	+0.0026%	8h	0.4580	+0.067%	$28K	$909K	10x	as long as short
Nado WLD-PERP	+0.0056%	1h	0.4576	−0.010%	$276K	$169K	5x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4578	+0.026%	$189K	$1.0M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4578	+0.019%	$53K	$483K	5x	as long as short
Binance WLDUSDTlong	+0.0100%	8h	0.4577	long leg	$86.3M	$301.3M	75x

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit WLDUSDT	+0.0100%	8h	0.4577	+0.001%	$65.5M	$82.7M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4577	+0.001%	$34.1M	$142.7M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4577	+0.001%	$7.4M	$35.6M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4577	+0.001%	$45.8M	$52.8M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4576	−0.021%	$30.2M	$25.8M	75x	as long as short
BingX WLD-USDC	+0.0100%	8h	0.4577	+0.001%	—	$1.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4579	+0.049%	$129K	$272K	10x	as long as short
Variational Omni WLDshort	+0.0100%	8h	0.4579	+0.044%	$2.1M	$1.6M	—
edgeX WLDUSDC	+0.0100%	4h	0.4583	+0.132%	$27K	$316K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4584	+0.148%	$618K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4583	+0.132%	$55K	$227K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4579	+0.049%	$45K	$1.6M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4586	+0.198%	$23K	$1.5M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4581	+0.089%	$210	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4575	−0.042%	$852K	$1.8M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4579	+0.045%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4576	−0.027%	$234K	$845K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4582	+0.111%	$31K	$5K	3x	as long as short
Phoenix WLD	+0.0104%	1h	0.4590	+0.285%	$5K	$53K	10x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4576	−0.022%	—	—	20x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4580	+0.067%	$4.9M	$823K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0229% / S −0.1268%	1h	0.4581	+0.091%	$5K	—	100x	as long as short
01 Exchange WLDUSD	+0.0280%	1h	0.4581	+0.078%	$328	$77	5x	as long as short
Injective WLD/USDC PERP	+0.0373%	1h	0.4592	+0.329%	$6K	$185K	5.5x	as long as short
Coinbase International WLD-PERP-INTX	+0.0440%	1h	0.4586	+0.198%	$271K	$1.6M	50x	as long as short
Hyperliquid WLD	+0.0519%	1h	0.4582	+0.111%	$49.7M	$43.0M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.0718%	1h	0.4583	+0.138%	$905K	$2.7M	50x	as long as short
Lighter WLD	+0.1464%	1h	0.4588	+0.242%	$5.2M	$2.0M	10x	as long as short