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 −0.012%

Price spread now: Binance against Bitget−0.017%7-day average +0.037% · you buy dearer than you sell

Net, funding: paid 7d − costs−$47as in the Funding arb table

Net, price: spread back to 7d avg − costs−$43as in the Price arb table

costs, in and out, $10k−$380.379% of the position

Long on Bitget Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.089%−$9 on $10k

Price spread, last 7 days+0.030%+$3 · spread now −0.017%, 7d avg +0.037%

Together, before fees−0.059%−$6 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: Binance is 0.054% cheaper against Bitget than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.037%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget WLDUSDT	0.4578	0.0100	pay 0.0100% / 8h	11m 10s	$30.2M	$26.0M	75x
Short	Binance WLDUSDT	0.4577	0.0100	get 0.0100% / 8h	11m 10s	$86.2M	$303.4M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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 BinancebpOrdersPrice spread, now −0.017%Rate

Funding earned: $0
Price spread: −0.017% → +0.037%: −$5.4
Slippage, 4 orders: −$15.95
Fee Bitget: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$43.35
Costs to cover: 0.379%
Break-even: never at this rate

Slippage from Bitget: live order book, 3 min ago; Binance: live order book, 2 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, 3 min ago	2.18 bp	10.9 bp −$11	21.2 bp −$212	51.3 bp −$5,126	doesn't fit
Sell Binance live order book, 2 min ago	1.09 bp	7.3 bp −$7	14.0 bp −$140	56.8 bp −$5,683	185.0 bp −$92.5K

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	−0.0188%	8h	0.4584	+0.131%	$65K	$3.9M	1.7x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4579	+0.030%	$163K	$13K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4579	+0.022%	$122K	$897K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4578	+0.005%	$56K	—	150x	as long as short
KuCoin WLDUSDTM	+0.0006%	8h	0.4575	−0.066%	$6.9M	$11.0M	50x	as long as short
Orderly PERP_WLD_USDC	+0.0034%	8h	0.4578	0.000%	$28K	$907K	10x	as long as short
Nado WLD-PERP	+0.0035%	1h	0.4575	−0.076%	$275K	$169K	5x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4581	+0.068%	$192K	$1.0M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4579	+0.019%	$53K	$483K	5x	as long as short
Binance WLDUSDTshort	+0.0100%	8h	0.4577	−0.017%	$86.2M	$303.4M	75x

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit WLDUSDT	+0.0100%	8h	0.4578	0.000%	$65.7M	$82.8M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4577	−0.022%	$34.2M	$143.5M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4576	−0.044%	$7.5M	$35.9M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4579	+0.022%	$45.8M	$53.3M	300x	as long as short
Bitget WLDUSDTlong	+0.0100%	8h	0.4578	long leg	$30.2M	$26.0M	75x
BingX WLD-USDT	+0.0100%	8h	0.4577	−0.022%	—	$67.1M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4579	+0.017%	$136K	$283K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4578	−0.004%	$2.0M	$1.7M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4587	+0.205%	$27K	$315K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4581	+0.065%	$605K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4588	+0.218%	$55K	$229K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4580	+0.048%	$48K	$1.6M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4583	+0.109%	$23K	$1.5M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4578	0.000%	$214	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4577	−0.022%	$852K	$1.8M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4578	0.000%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4577	−0.025%	$233K	$845K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4579	+0.019%	$31K	$5K	3x	as long as short
Phoenix WLD	+0.0104%	1h	0.4602	+0.533%	$5K	$53K	10x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4576	−0.036%	—	—	20x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4579	+0.022%	$4.8M	$822K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0229% / S −0.1268%	1h	0.4579	+0.017%	$5K	—	100x	as long as short
01 Exchange WLDUSD	+0.0256%	1h	0.4580	+0.033%	$328	$77	5x	as long as short
Injective WLD/USDC PERP	+0.0373%	1h	0.4585	+0.153%	$6K	$185K	5.5x	as long as short
Coinbase International WLD-PERP-INTX	+0.0440%	1h	0.4584	+0.131%	$272K	$1.6M	50x	as long as short
Hyperliquid WLD	+0.0467%	1h	0.4585	+0.162%	$50.8M	$43.8M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.0718%	1h	0.4581	+0.075%	$902K	$2.7M	50x	as long as short
Lighter WLD	+0.1296%	1h	0.4588	+0.210%	$5.2M	$2.0M	10x	as long as short