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 −0.006%

Price spread now: Gate against BingX0.000%7-day average +0.004% · you sell dearer than you buy

Net, funding: paid 7d − costs−$81as in the Funding arb table

Net, price: spread back to 7d avg − costs−$70as in the Price arb table

costs, in and out, $10k−$690.692% of the position

Long on BingX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.114%−$11 on $10k

Price spread, last 7 days+0.022%+$2 · spread now 0.000%, 7d avg +0.004%

Together, before fees−0.092%−$9 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX WLD-USDC	0.4591	0.0100	pay 0.0100% / 8h	4h 54m	—	$1.3M	—
Short	Gate WLD_USDT	0.4591	0.0100	get 0.0100% / 8h	4h 54m	$7.2M	$36.6M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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

Position, each leg$Hold fordaysFee BingXbpFee GatebpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → +0.004%: −$0.36
Slippage, 4 orders: −$44.24
Fee BingX: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$69.6
Costs to cover: 0.692%
Break-even: never at this rate

Slippage from BingX: live order book, 5 min ago; Gate: live order book, 4 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 BingX live order book, 5 min ago	2.19 bp	19.3 bp −$19	88.9 bp −$889	483.4 bp −$48.3K	795.0 bp −$397.5K
Sell Gate live order book, 4 min ago	2.19 bp	17.7 bp −$18	39.7 bp −$397	57.4 bp −$5,735	128.9 bp −$64.4K

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	−0.0112%	8h	0.4580	−0.240%	$58K	$4.6M	1.7x	as long as short
Nado WLD-PERP	−0.0079%	1h	0.4591	−0.011%	$243K	$205K	5x	as long as short
KuCoin WLDUSDTM	−0.0024%	8h	0.4590	−0.022%	$7.0M	$11.6M	50x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4594	+0.058%	$157K	$33K	10x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4591	+0.001%	$55K	—	150x	as long as short
Injective WLD/USDC PERP	+0.0014%	1h	0.4558	−0.719%	$6K	$185K	5.5x	as long as short
01 Exchange WLDUSD	+0.0032%	1h	0.4592	+0.026%	$329	$80	5x	as long as short
Orderly PERP_WLD_USDC	+0.0081%	8h	0.4592	+0.022%	$28K	$889K	10x	as long as short
Lighter WLD	+0.0096%	1h	0.4597	+0.137%	$5.0M	$2.4M	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4592	+0.027%	$181K	$1.1M	50x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica WLD	+0.0100%	1h	0.4592	+0.022%	$49K	$528K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4592	+0.022%	$87.2M	$327.3M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4590	−0.022%	$65.4M	$88.8M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4592	+0.022%	$34.4M	$149.3M	50x	as long as short
Gate WLD_USDTshort	+0.0100%	8h	0.4591	0.000%	$7.2M	$36.6M	75x
MEXC WLD_USDT	+0.0100%	8h	0.4591	0.000%	$44.3M	$53.5M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4590	−0.022%	$30.3M	$30.1M	75x	as long as short
BingX WLD-USDClong	+0.0100%	8h	0.4591	long leg	—	$1.3M	—
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4592	+0.030%	$137K	$297K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4586	−0.114%	$2.1M	$1.7M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4560	−0.671%	$27K	$318K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4584	−0.162%	$603K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4562	−0.632%	$50K	$236K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4586	−0.100%	$44K	$2.1M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4596	+0.109%	$23K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4589	−0.044%	$177	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4586	−0.109%	$839K	$1.9M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4592	+0.022%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4589	−0.045%	$227K	$974K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4594	+0.072%	$31K	$600	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4588	−0.071%	—	—	20x	as long as short
Phoenix WLD	+0.0172%	1h	0.4571	−0.440%	$5K	$52K	10x	as long as short
Hyperliquid WLD	+0.0185%	1h	0.4597	+0.135%	$50.4M	$43.2M	10x	as long as short
Deribit WLD_USDC-PERPETUAL	+0.0186%	1h	0.4594	+0.065%	$115K	$923K	25x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4593	+0.044%	$5.0M	$850K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0229% / S −0.1268%	1h	0.4591	−0.003%	$5K	—	100x	as long as short
Kraken Futures PF_WLDUSD	+0.0478%	1h	0.4593	+0.034%	$889K	$2.8M	50x	as long as short
Coinbase International WLD-PERP-INTX	+0.0496%	1h	0.4588	−0.065%	$271K	$1.7M	50x	as long as short