Settings8H · net · $10k
Funding arb · Price arb /

WLD

all WLD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0274%/8h= +30.0% APRpaid last 24h +0.029%
Price spread now: Injective against BingX+0.675%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.065%−$6 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Injective is 0.675% dearer against BingX than usual: you sell high and buy low: +$68 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.065%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.065% in total (about -3.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX WLD-USDT0.45910.0100pay 0.0100% / 8h2h 54m$67.9M
ShortInjective WLD/USDC PERP0.46220.0374get 0.0047% / 1h54m 42s$6K$139K5.5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
$57.53
Price spread: +0.675% → 0.000%
$67.52
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$115.03
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: BingX: live order book, 14 min ago; Injective: 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
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 14 min ago2.18 bp9.0 bp −$912.8 bp −$12829.5 bp −$2,951104.8 bp −$52.4K
Sell Injective no order-book sample
Injective: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kalshi KXWLDPERP−0.0340%8h0.4618+0.588%$31K$3.7M1.7xas long as short
Phoenix WLD−0.0091%1h0.4637+1.011%$5K$52K10xas long as short
Variational Omni WLD−0.0069%8h0.4630+0.860%$2.1M$1.7Mas long as short
Orderly PERP_WLD_USDC−0.0029%8h0.4619+0.610%$28K$921K10xas long as short
dYdX WLD-USD0.0000%1h0.4594+0.065%$157K$6K10xas long as short
Deribit WLD_USDC-PERPETUAL0.0000%1h0.4621+0.653%$156K$781K25xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4618+0.599%$57K150xas long as short
KuCoin WLDUSDTM+0.0013%8h0.4597+0.131%$7.0M$10.7M50xas long as short
OKX WLD-USDT-SWAP+0.0033%8h0.4587−0.087%$34.8M$137.4M50xas long as short
Bybit WLDUSDT+0.0058%8h0.4596+0.109%$67.6M$78.7M50xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado WLD-PERP+0.0076%1h0.4619+0.621%$357K$127K5xas long as short
MEXC WLD_USDT+0.0086%8h0.4593+0.044%$54.3M$46.2M300xas long as short
Binance WLDUSDT+0.0087%8h0.4596+0.111%$87.8M$288.6M75xas long as short
Aster WLDUSDT+0.0100%8h0.4607+0.345%$211K$977K50xas long as short
Pacifica WLD+0.0100%1h0.4596+0.119%$55K$475K5xas long as short
Gate WLD_USDT+0.0100%8h0.45910.000%$7.5M$33.9M75xas long as short
Bitget WLDUSDT+0.0100%8h0.4588−0.065%$30.3M$24.9M75xas long as short
BingX WLD-USDTlong+0.0100%8h0.4591long leg$67.9M
Backpack WLD_USDC_PERP+0.0100%1h0.4619+0.601%$131K$282K10xas long as short
edgeX WLDUSDC+0.0100%4h0.4629+0.833%$27K$314K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4633+0.922%$627K$1.9M10xas long as short
ApeX Omni WLDUSDT+0.0100%1h0.4632+0.893%$55K$227K50xas long as short
Polymarket Perps WLD-USD+0.0100%1h0.4617+0.555%$57K$1.7M10xas long as short
SunX WLD-USDT+0.0100%8h0.4621+0.653%$23K$1.5M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4620+0.632%$201$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4618+0.588%$869K$1.7M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4620+0.632%$1.9M$3.8M50xas long as short
Extended WLD-USD+0.0104%1h0.4594+0.066%$134K$744K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4621+0.653%$31K$5K3xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4615+0.525%20xas long as short
BloFin WLD-USDT+0.0207%8h0.4616+0.545%$5.0M$884K75xas long as short
GMX WLD/USD [ETH-USDC]L +0.0223% / S −0.1831%1h0.4618+0.594%$9K100xas long as short
01 Exchange WLDUSD+0.0240%1h0.4628+0.815%$331$775xas long as short
Hyperliquid WLD+0.0357%1h0.4606+0.316%$47.9M$40.3M10xas long as short
Injective WLD/USDC PERPshort+0.0374%1h0.4622+0.675%$6K$139K5.5x
Coinbase International WLD-PERP-INTX+0.0400%1h0.4628+0.806%$280K$1.6M50xas long as short
Lighter WLD+0.0872%1h0.4607+0.359%$5.1M$1.9M10xas long as short
Kraken Futures PF_WLDUSD+0.1079%1h0.4622+0.677%$927K$2.5M50xas long as short