Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.011%

Price spread now: MEXC against BingX−0.022%7-day average +0.012% · you buy dearer than you sell

Net, funding: paid 7d − costs−$27as in the Funding arb table

Net, price: spread back to 7d avg − costs−$19as in the Price arb table

costs, in and out, $10k−$160.157% of the position

Long on BingX Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.116%−$12 on $10k

Price spread, last 7 days+0.035%+$3 · spread now −0.022%, 7d avg +0.012%

Together, before fees−0.081%−$8 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: MEXC is 0.034% cheaper against BingX than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.012%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX WLD-USDT	0.4580	0.0100	pay 0.0100% / 8h	3m 27s	—	$67.1M	—
Short	MEXC WLD_USDT	0.4579	0.0100	get 0.0100% / 8h	3m 27s	$45.8M	$53.4M	300x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.022%Rate

Funding earned: $0
Price spread: −0.022% → +0.012%: −$3.42
Slippage, 4 orders: −$5.74
Fee BingX: 5 bp × 2 orders: −$10
Fee MEXC: 0 bp × 2 orders: $0
Net: −$19.16
Costs to cover: 0.157%
Break-even: never at this rate

Slippage from BingX: live order book, 10 min ago; MEXC: live order book, 5 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, 10 min ago	1.09 bp	6.1 bp −$6	8.7 bp −$87	22.4 bp −$2,239	109.8 bp −$54.9K
Sell MEXC live order book, 5 min ago	1.09 bp	2.1 bp −$2	5.7 bp −$57	23.8 bp −$2,384	78.3 bp −$39.2K

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	−0.0183%	8h	0.4580	0.000%	$70K	$3.9M	1.7x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4579	−0.015%	$163K	$13K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4584	+0.087%	$122K	$897K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4584	+0.091%	$56K	—	150x	as long as short
KuCoin WLDUSDTM	+0.0004%	8h	0.4578	−0.044%	$7.0M	$11.0M	50x	as long as short
Orderly PERP_WLD_USDC	+0.0037%	8h	0.4583	+0.066%	$28K	$906K	10x	as long as short
Nado WLD-PERP	+0.0040%	1h	0.4580	0.000%	$276K	$169K	5x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4581	+0.026%	$192K	$1.0M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4581	+0.022%	$54K	$487K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4579	−0.014%	$86.6M	$303.7M	75x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit WLDUSDT	+0.0100%	8h	0.4580	0.000%	$65.9M	$82.8M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4580	0.000%	$34.3M	$143.5M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4579	−0.022%	$7.5M	$36.0M	75x	as long as short
MEXC WLD_USDTshort	+0.0100%	8h	0.4579	−0.022%	$45.8M	$53.4M	300x
Bitget WLDUSDT	+0.0100%	8h	0.4580	0.000%	$30.3M	$26.1M	75x	as long as short
BingX WLD-USDTlong	+0.0100%	8h	0.4580	long leg	—	$67.1M	—
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4584	+0.096%	$136K	$283K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4567	−0.286%	$2.0M	$1.7M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4574	−0.138%	$27K	$317K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4581	+0.024%	$608K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4574	−0.131%	$55K	$229K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4582	+0.035%	$48K	$1.6M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4588	+0.175%	$23K	$1.5M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4581	+0.022%	$213	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4577	−0.066%	$852K	$1.8M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4577	−0.066%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4579	−0.029%	$231K	$847K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4583	+0.076%	$31K	$5K	3x	as long as short
Phoenix WLD	+0.0104%	1h	0.4580	−0.011%	$5K	$53K	10x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4579	−0.025%	—	—	20x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4575	−0.109%	$4.9M	$822K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0229% / S −0.1268%	1h	0.4583	+0.067%	$5K	—	100x	as long as short
01 Exchange WLDUSD	+0.0264%	1h	0.4584	+0.096%	$328	$77	5x	as long as short
Injective WLD/USDC PERP	+0.0373%	1h	0.4585	+0.109%	$6K	$185K	5.5x	as long as short
Coinbase International WLD-PERP-INTX	+0.0440%	1h	0.4589	+0.197%	$272K	$1.6M	50x	as long as short
Hyperliquid WLD	+0.0520%	1h	0.4588	+0.181%	$50.9M	$43.6M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.0717%	1h	0.4585	+0.107%	$903K	$2.7M	50x	as long as short
Lighter WLD	+0.1280%	1h	0.4591	+0.240%	$5.2M	$2.0M	10x	as long as short