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 +0.026%
Price spread now: BloFin against BingX+0.518%96s7-day average +0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$560.556% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.157%+$16 on $10k
Price spread, last 4 days (all we have)+0.317%+$32 · spread now +0.518%, 7d avg +0.038%
Together, before fees+0.474%+$47 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.480% dearer against BingX than usual: you sell high and buy low: +$48 more if the spread goes back to its 7-day average of +0.038%. The two prices were read 96 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX WLD-USDC0.46310.0100pay 0.0100% / 8h5h 41m$1.3M
ShortBloFin WLD-USDT0.46550.0220get 0.0220% / 8h5h 41m$5.0M$808K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against BingX. 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: +0.518% → +0.038%
$48.04
Slippage, 4 orders
−$33.57
Fee BingX: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
$17.67
Costs to cover
0.556%
Break-even
2.1 days
Slippage from BingX: live order book, 4 min ago; BloFin: live order book, 67 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 BingX live order book, 4 min ago3.23 bp21.4 bp −$2193.7 bp −$937492.2 bp −$49.2K765.9 bp −$383.0K
Sell BloFin live order book, 67 min ago1.07 bp7.1 bp −$711.4 bp −$11438.0 bp −$3,796112.6 bp −$56.3K

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−0.0141%8h0.4652+0.453%$58K$4.5M1.7xas long as short
KuCoin WLDUSDTM−0.0038%8h0.4621−0.216%$7.1M$11.6M50xas long as short
dYdX WLD-USD0.0000%1h0.4625−0.127%$165K$26K10xas long as short
Deribit WLD_USDC-PERPETUAL0.0000%1h0.4642+0.238%$120K$923K25xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4644+0.277%$56K150xas long as short
Nado WLD-PERP+0.0068%1h0.4633+0.043%$268K$187K5xas long as short
Orderly PERP_WLD_USDC+0.0071%8h0.4640+0.194%$28K$893K10xas long as short
Aster WLDUSDT+0.0100%8h0.4629−0.054%$176K$1.0M50xas long as short
Pacifica WLD+0.0100%1h0.4626−0.108%$51K$508K5xas long as short
Binance WLDUSDT+0.0100%8h0.4634+0.065%$88.0M$325.0M75xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit WLDUSDT+0.0100%8h0.4634+0.065%$66.2M$87.9M50xas long as short
OKX WLD-USDT-SWAP+0.0100%8h0.4633+0.043%$34.9M$149.3M50xas long as short
Gate WLD_USDT+0.0100%8h0.4627−0.086%$7.2M$36.7M75xas long as short
MEXC WLD_USDT+0.0100%8h0.4627−0.086%$45.6M$54.2M300xas long as short
Bitget WLDUSDT+0.0100%8h0.4628−0.065%$30.7M$29.5M75xas long as short
BingX WLD-USDClong+0.0100%8h0.4631long leg$1.3M
Backpack WLD_USDC_PERP+0.0100%1h0.4638+0.151%$138K$290K10xas long as short
Variational Omni WLD+0.0100%8h0.4628−0.071%$2.1M$1.8Mas long as short
edgeX WLDUSDC+0.0100%4h0.4640+0.198%$28K$317K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4659+0.596%$617K$1.8M10xas long as short
ApeX Omni WLDUSDT+0.0100%1h0.4646+0.324%$51K$236K50xas long as short
Polymarket Perps WLD-USD+0.0100%1h0.4646+0.313%$54K$2.0M10xas long as short
SunX WLD-USDT+0.0100%8h0.4651+0.432%$23K$1.6M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4642+0.238%$296$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4644+0.281%$848K$1.9M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4642+0.238%$1.9M$3.7M50xas long as short
Extended WLD-USD+0.0104%1h0.4628−0.058%$213K$927K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4623−0.165%$31K$6003xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4643+0.259%20xas long as short
01 Exchange WLDUSD+0.0144%1h0.4632+0.028%$331$805xas long as short
Phoenix WLD+0.0172%1h0.4626−0.112%$5K$57K10xas long as short
BloFin WLD-USDTshort+0.0220%8h0.4655+0.518%$5.0M$808K75x
GMX WLD/USD [ETH-USDC]L +0.0230% / S −0.1268%1h0.4644+0.283%$5K100xas long as short
Lighter WLD+0.0368%1h0.4628−0.069%$5.0M$2.3M10xas long as short
Coinbase International WLD-PERP-INTX+0.0480%1h0.4660+0.626%$278K$1.7M50xas long as short
Hyperliquid WLD+0.0531%1h0.4629−0.048%$51.5M$42.9M10xas long as short
Injective WLD/USDC PERP+0.0677%1h0.4650+0.410%$6K$185K5.5xas long as short
Kraken Futures PF_WLDUSD+0.0892%1h0.4642+0.231%$904K$2.9M50xas long as short