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 +0.005%

Price spread now: HTX against BingX+0.390%52s7-day average −0.158% · you sell dearer than you buy

Net, funding: paid 7d − costs−$114as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1101.105% of the position

Long on BingX Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.037%−$4 on $10k

Price spread, last 4 days (all we have)−0.151%−$15 · spread now +0.390%, 7d avg −0.158%

Together, before fees−0.189%−$19 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: HTX is 0.548% dearer against BingX than usual: you sell high and buy low, +$55 on $10k if it goes back to its 7-day average of −0.158%. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX WLD-USDC	0.4616	0.0100	pay 0.0100% / 8h	5h 39m	—	$1.3M	—
Short	HTX WLD-USDT	0.4634	0.0100	get 0.0100% / 8h	5h 39m	$846K	$1.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now +0.390%Rate

Funding earned: $0
Price spread: +0.390% → −0.158%: $54.84
Slippage, 4 orders: −$88.49
Fee BingX: 5 bp × 2 orders: −$10
Fee HTX: 6 bp × 2 orders: −$12
Net: −$55.65
Costs to cover: 1.105%
Break-even: never at this rate

Slippage from BingX: live order book, 6 min ago; HTX: 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, 6 min ago	3.23 bp	21.4 bp −$21	93.7 bp −$937	492.2 bp −$49.2K	765.9 bp −$383.0K
Sell HTX live order book, 4 min ago	9.70 bp	18.8 bp −$19	204.1 bp −$2,041	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	−0.0139%	8h	0.4633	+0.368%	$58K	$4.5M	1.7x	as long as short
KuCoin WLDUSDTM	−0.0039%	8h	0.4617	+0.022%	$7.1M	$11.6M	50x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4621	+0.099%	$165K	$26K	10x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4616	−0.004%	$55K	—	150x	as long as short
Nado WLD-PERP	+0.0054%	1h	0.4622	+0.119%	$267K	$187K	5x	as long as short
Orderly PERP_WLD_USDC	+0.0072%	8h	0.4634	+0.390%	$28K	$893K	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4627	+0.239%	$176K	$1.0M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4622	+0.127%	$48K	$511K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4619	+0.071%	$87.7M	$324.8M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4619	+0.065%	$66.0M	$87.9M	50x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4621	+0.108%	$34.9M	$148.8M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4619	+0.065%	$7.2M	$36.8M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4616	0.000%	$45.4M	$54.3M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4620	+0.087%	$30.6M	$29.4M	75x	as long as short
BingX WLD-USDClong	+0.0100%	8h	0.4616	long leg	—	$1.3M	—
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4634	+0.392%	$138K	$288K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4632	+0.338%	$2.1M	$1.8M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4631	+0.320%	$28K	$317K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4659	+0.923%	$617K	$1.8M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4646	+0.650%	$51K	$236K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4619	+0.069%	$54K	$2.0M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4637	+0.455%	$23K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4631	+0.325%	$294	$5K	10x	as long as short
HTX WLD-USDTshort	+0.0100%	8h	0.4634	+0.390%	$846K	$1.9M	50x
Phemex WLDUSDT	+0.0100%	8h	0.4634	+0.390%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4617	+0.027%	$213K	$927K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4632	+0.357%	$31K	$600	3x	as long as short
01 Exchange WLDUSD	+0.0120%	1h	0.4619	+0.067%	$330	$80	5x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4619	+0.059%	—	—	20x	as long as short
Phoenix WLD	+0.0172%	1h	0.4639	+0.507%	$5K	$57K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	+0.0182%	1h	0.4635	+0.412%	$120K	$923K	25x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4627	+0.238%	$5.0M	$803K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0230% / S −0.1268%	1h	0.4615	−0.031%	$5K	—	100x	as long as short
Lighter WLD	+0.0320%	1h	0.4625	+0.199%	$5.0M	$2.3M	10x	as long as short
Coinbase International WLD-PERP-INTX	+0.0480%	1h	0.4640	+0.520%	$276K	$1.7M	50x	as long as short
Hyperliquid WLD	+0.0516%	1h	0.4627	+0.245%	$51.5M	$42.9M	10x	as long as short
Injective WLD/USDC PERP	+0.0677%	1h	0.4650	+0.737%	$6K	$185K	5.5x	as long as short
Kraken Futures PF_WLDUSD	+0.0894%	1h	0.4634	+0.380%	$902K	$2.9M	50x	as long as short