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 0.000%

Price spread now: BingX against Bitget+0.066%7-day average +0.023% · you sell dearer than you buy

Net, funding: paid 7d − costs−$54as in the Funding arb table

Net, price: spread back to 7d avg − costs−$53as in the Price arb table

costs, in and out, $10k−$570.570% of the position

Long on Bitget Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.028%+$3 on $10k

Price spread, last 7 days−0.019%−$2 · spread now +0.066%, 7d avg +0.023%

Together, before fees+0.009%+$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: BingX is 0.044% dearer against Bitget than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.023%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget WLDUSDT	0.4515	0.0100	pay 0.0100% / 8h	2h 13m	$30.0M	$25.1M	75x
Short	BingX WLD-USDC	0.4518	0.0100	get 0.0100% / 8h	2h 13m	—	$1.3M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX 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 BingXbpOrdersPrice spread, now +0.066%Rate

Funding earned: $0
Price spread: +0.066% → +0.023%: $4.38
Slippage, 4 orders: −$35.04
Fee Bitget: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: −$52.65
Costs to cover: 0.570%
Break-even: never at this rate

Slippage from Bitget: live order book, 5 min ago; BingX: 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, 5 min ago	2.20 bp	13.0 bp −$13	25.9 bp −$259	79.4 bp −$7,937	doesn't fit
Sell BingX live order book, 2 min ago	2.20 bp	13.1 bp −$13	32.5 bp −$325	454.5 bp −$45.4K	774.8 bp −$387.4K

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	−0.0470%	8h	0.4530	+0.332%	$45K	$3.8M	1.7x	as long as short
Orderly PERP_WLD_USDC	−0.0019%	8h	0.4525	+0.221%	$28K	$917K	10x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4520	+0.105%	$154K	$6K	10x	as long as short
KuCoin WLDUSDTM	0.0000%	8h	0.4521	+0.133%	$7.0M	$10.7M	50x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4526	+0.244%	$123K	$911K	25x	as long as short
Variational Omni WLD	+0.0001%	8h	0.4531	+0.361%	$2.1M	$1.6M	—	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4527	+0.276%	$56K	—	150x	as long as short
Nado WLD-PERP	+0.0035%	1h	0.4520	+0.105%	$270K	$168K	5x	as long as short
Phoenix WLD	+0.0052%	1h	0.4542	+0.596%	$5K	$52K	10x	as long as short
OKX WLD-USDT-SWAP	+0.0079%	8h	0.4516	+0.022%	$33.7M	$137.3M	50x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC WLD_USDT	+0.0088%	8h	0.4519	+0.089%	$52.4M	$47.8M	300x	as long as short
Binance WLDUSDT	+0.0089%	8h	0.4519	+0.090%	$84.9M	$292.9M	75x	as long as short
Hyperliquid WLD	+0.0100%	1h	0.4519	+0.095%	$46.3M	$41.2M	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4524	+0.191%	$214K	$982K	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4520	+0.120%	$51K	$482K	5x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4519	+0.089%	$64.4M	$80.4M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4518	+0.066%	$7.3M	$34.8M	75x	as long as short
Bitget WLDUSDTlong	+0.0100%	8h	0.4515	long leg	$30.0M	$25.1M	75x
BingX WLD-USDCshort	+0.0100%	8h	0.4518	+0.066%	—	$1.3M	—
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4525	+0.230%	$128K	$269K	10x	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4531	+0.353%	$27K	$317K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4539	+0.532%	$609K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4533	+0.399%	$54K	$226K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4517	+0.047%	$51K	$1.7M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4531	+0.354%	$22K	$1.5M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4525	+0.221%	$197	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4526	+0.244%	$854K	$1.8M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4527	+0.266%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4517	+0.054%	$132K	$745K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4525	+0.217%	$31K	$5K	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4515	+0.007%	—	—	20x	as long as short
BloFin WLD-USDT	+0.0207%	8h	0.4535	+0.443%	$4.9M	$806K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0216% / S −0.1712%	1h	0.4526	+0.234%	$9K	—	100x	as long as short
01 Exchange WLDUSD	+0.0320%	1h	0.4524	+0.199%	$324	$77	5x	as long as short
Injective WLD/USDC PERP	+0.0374%	1h	0.4542	+0.598%	$6K	$185K	5.5x	as long as short
Coinbase International WLD-PERP-INTX	+0.0400%	1h	0.4533	+0.399%	$278K	$1.6M	50x	as long as short
Lighter WLD	+0.0960%	1h	0.4530	+0.330%	$5.1M	$2.1M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.1101%	1h	0.4529	+0.317%	$922K	$2.6M	50x	as long as short