Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.005%

Price spread now: ApeX Omni against Bitget+0.221%53s7-day average +0.104% · you sell dearer than you buy

Net, funding: paid 7d − costs−$50as 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−$540.544% of the position

Long on Bitget Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.039%+$4 on $10k

Price spread, last 4 days (all we have)−0.025%−$3 · spread now +0.221%, 7d avg +0.104%

Together, before fees+0.014%+$1 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: ApeX Omni is 0.117% dearer against Bitget than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of +0.104%. The two prices were read 53 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	Bitget WLDUSDT	0.4516	0.0100	pay 0.0100% / 8h	58m 46s	$29.9M	$30.9M	75x
Short	ApeX Omni WLDUSDT	0.4526	0.0100	get 0.0013% / 1h	58m 46s	$48K	$239K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Bitget. 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 BitgetbpFee ApeX OmnibpOrdersPrice spread, now +0.221%Rate

Funding earned: $0
Price spread: +0.221% → +0.104%: $11.72
Slippage, 4 orders: −$32.37
Fee Bitget: 6 bp × 2 orders: −$12
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$42.65
Costs to cover: 0.544%
Break-even: never at this rate

Slippage from Bitget: live order book, 5 min ago; ApeX Omni: live order book, 43 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 Bitget live order book, 5 min ago	2.21 bp	9.3 bp −$9	20.3 bp −$203	68.0 bp −$6,797	doesn't fit
Sell ApeX Omni live order book, 43 min ago	8.82 bp	18.0 bp −$18	105.3 bp −$1,053	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
Injective WLD/USDC PERP	−0.0309%	1h	0.4581	+1.439%	$6K	$185K	5.5x	as long as short
Nado WLD-PERP	−0.0004%	1h	0.4523	+0.155%	$236K	$170K	5x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4519	+0.069%	$154K	$32K	10x	as long as short
Kalshi KXWLDPERP	0.0000%	8h	0.4523	+0.155%	$57K	$4.7M	1.7x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4524	+0.177%	$150K	$954K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4523	+0.162%	$65K	—	150x	as long as short
Orderly PERP_WLD_USDC	+0.0098%	8h	0.4523	+0.155%	$27K	$729K	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4521	+0.112%	$226K	$1.1M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4519	+0.062%	$49K	$534K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4517	+0.029%	$86.4M	$333.9M	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	0.4515	−0.022%	$64.2M	$89.4M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4515	−0.022%	$34.2M	$151.4M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4521	+0.111%	$7.1M	$35.4M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4517	+0.022%	$40.0M	$55.8M	300x	as long as short
KuCoin WLDUSDTM	+0.0100%	8h	0.4519	+0.066%	$6.6M	$11.7M	50x	as long as short
Bitget WLDUSDTlong	+0.0100%	8h	0.4516	long leg	$29.9M	$30.9M	75x
BingX WLD-USDT	+0.0100%	8h	0.4516	0.000%	—	$69.7M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4522	+0.131%	$132K	$293K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4522	+0.126%	$2.1M	$1.6M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4525	+0.209%	$27K	$321K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4526	+0.221%	$596K	$2.1M	10x	as long as short
ApeX Omni WLDUSDTshort	+0.0100%	1h	0.4526	+0.221%	$48K	$239K	50x
Polymarket Perps WLD-USD	+0.0100%	1h	0.4524	+0.177%	$46K	$2.6M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4533	+0.376%	$23K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4523	+0.155%	$213	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4523	+0.155%	$827K	$1.5M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4525	+0.199%	$1.8M	$3.6M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4515	−0.028%	$208K	$945K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4525	+0.188%	$31K	$500	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4523	+0.150%	—	—	20x	as long as short
Phoenix WLD	+0.0158%	1h	0.4534	+0.394%	$5K	$43K	10x	as long as short
Lighter WLD	+0.0160%	1h	0.4525	+0.206%	$4.9M	$2.8M	10x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0219% / S −0.0967%	1h	0.4523	+0.161%	$4K	—	100x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4525	+0.199%	$4.8M	$913K	75x	as long as short
01 Exchange WLDUSD	+0.0264%	1h	0.4529	+0.295%	$324	$55	5x	as long as short
Coinbase International WLD-PERP-INTX	+0.0448%	1h	0.4531	+0.332%	$273K	$1.6M	50x	as long as short
Kraken Futures PF_WLDUSD	+0.0456%	1h	0.4526	+0.223%	$875K	$2.8M	50x	as long as short
Hyperliquid WLD	+0.0495%	1h	0.4525	+0.199%	$50.3M	$44.1M	10x	as long as short