Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0020%/8h= +2.2% APRpaid last 24h 0.000%

Price spread now: 01 Exchange against Binance−0.157%7-day average — · you buy dearer than you sell

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

Long on Binance Short on 01 Exchange

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. 01 Exchange is 0.157% cheaper against Binance than usual: you would sell low and buy high (spread −0.157% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$16 on $10k: about 26 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance WLDUSDT	0.4554	0.0100	pay 0.0100% / 8h	1h 59m	$86.6M	$339.4M	75x
Short	01 Exchange WLDUSD	0.4547	0.0120	get 0.0015% / 1h	59m 24s	$325	$55	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange 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 01 ExchangebpOrdersPrice spread, now −0.157%Rate

Funding earned: $4.2
Price spread: −0.157% → 0.000%: −$15.71
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: −$28.51
Costs to cover: 0.170%
Break-even: 54.5 days

Slippage unknown: Binance: live order book, 14 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Binance live order book, 14 min ago	1.10 bp	8.2 bp −$8	13.9 bp −$139	53.2 bp −$5,317	222.0 bp −$111.0K
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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado WLD-PERP	−0.0177%	1h	0.4546	−0.164%	$239K	$170K	5x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4543	−0.239%	$155K	$33K	10x	as long as short
Kalshi KXWLDPERP	0.0000%	8h	0.4553	−0.021%	$53K	$4.8M	1.7x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4548	−0.131%	$151K	$1.0M	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4553	−0.030%	$66K	—	150x	as long as short
KuCoin WLDUSDTM	+0.0078%	8h	0.4548	−0.131%	$6.8M	$11.9M	50x	as long as short
Orderly PERP_WLD_USDC	+0.0099%	8h	0.4555	+0.023%	$27K	$790K	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4550	−0.097%	$227K	$1.1M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4546	−0.175%	$50K	$539K	5x	as long as short
Binance WLDUSDTlong	+0.0100%	8h	0.4554	long leg	$86.6M	$339.4M	75x

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit WLDUSDT	+0.0100%	8h	0.4554	+0.001%	$64.9M	$91.6M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4554	+0.001%	$34.5M	$155.8M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4549	−0.109%	$7.2M	$36.0M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4548	−0.131%	$40.4M	$56.2M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4555	+0.023%	$30.1M	$31.3M	75x	as long as short
BingX WLD-USDT	+0.0100%	8h	0.4552	−0.043%	—	$70.2M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4543	−0.236%	$132K	$300K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4556	+0.037%	$2.1M	$1.7M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4558	+0.090%	$27K	$321K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4556	+0.045%	$604K	$2.0M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4557	+0.067%	$48K	$240K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4545	−0.192%	$52K	$2.5M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4556	+0.045%	$23K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4546	−0.175%	$210	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4548	−0.131%	$832K	$1.7M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4549	−0.109%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4545	−0.204%	$209K	$1.0M	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4556	+0.039%	$31K	$500	3x	as long as short
01 Exchange WLDUSDshort	+0.0120%	1h	0.4547	−0.157%	$325	$55	5x
Injective WLD/USDC PERP	+0.0132%	1h	0.4544	−0.219%	$6K	$185K	5.5x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4544	−0.224%	—	—	20x	as long as short
Phoenix WLD	+0.0142%	1h	0.4551	−0.076%	$5K	$44K	10x	as long as short
Lighter WLD	+0.0168%	1h	0.4551	−0.060%	$4.9M	$2.9M	10x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0219% / S −0.0967%	1h	0.4548	−0.127%	$4K	—	100x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4556	+0.045%	$4.8M	$919K	75x	as long as short
Kraken Futures PF_WLDUSD	+0.0498%	1h	0.4550	−0.097%	$861K	$2.9M	50x	as long as short
Coinbase International WLD-PERP-INTX	+0.0536%	1h	0.4566	+0.265%	$275K	$1.7M	50x	as long as short
Hyperliquid WLD	+0.0635%	1h	0.4553	−0.019%	$49.6M	$44.7M	10x	as long as short