Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.020%

Price spread now: Bybit against Bitget+0.043%7-day average +0.014% · you sell dearer than you buy

Net, funding: paid 7d − costs−$55as in the Funding arb table

Net, price: spread back to 7d avg − costs−$45as in the Price arb table

costs, in and out, $10k−$480.482% of the position

Long on Bitget Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.063%−$6 on $10k

Price spread, last 7 days−0.043%−$4 · spread now +0.043%, 7d avg +0.014%

Together, before fees−0.107%−$11 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: Bybit is 0.029% dearer against Bitget than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.014%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget WLDUSDT	0.4619	0.0100	pay 0.0100% / 8h	6h 33m	$30.7M	$29.1M	75x
Short	Bybit WLDUSDT	0.4621	0.0100	get 0.0100% / 8h	6h 33m	$66.0M	$87.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now +0.043%Rate

Funding earned: $0
Price spread: +0.043% → +0.014%: $2.89
Slippage, 4 orders: −$25.22
Fee Bitget: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$45.34
Costs to cover: 0.482%
Break-even: never at this rate

Slippage from Bitget: live order book, 5 min ago; Bybit: 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 Bitget live order book, 5 min ago	2.17 bp	9.3 bp −$9	22.6 bp −$226	103.0 bp −$10.3K	doesn't fit
Sell Bybit live order book, 5 min ago	1.09 bp	11.9 bp −$12	20.8 bp −$208	123.8 bp −$12.4K	doesn't fit

WLD on 37 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	−0.0235%	1h	0.4615	−0.087%	$6K	$185K	5.5x	as long as short
Kalshi KXWLDPERP	−0.0161%	8h	0.4637	+0.390%	$46K	$4.4M	1.7x	as long as short
KuCoin WLDUSDTM	−0.0051%	8h	0.4619	0.000%	$7.0M	$11.5M	50x	as long as short
Nado WLD-PERP	−0.0004%	1h	0.4622	+0.065%	$268K	$178K	5x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4619	+0.002%	$158K	$19K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4632	+0.281%	$128K	$912K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4625	+0.125%	$66K	—	150x	as long as short
Gate WLD_USDT	+0.0017%	8h	0.4620	+0.022%	$7.3M	$37.4M	75x	as long as short
ApeX Omni WLDUSDT	+0.0047%	1h	0.4642	+0.498%	$51K	$240K	50x	as long as short
Orderly PERP_WLD_USDC	+0.0057%	8h	0.4631	+0.260%	$28K	$898K	10x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phoenix WLD	+0.0068%	1h	0.4623	+0.093%	$5K	$54K	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4628	+0.194%	$177K	$1.0M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4619	−0.003%	$56K	$509K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4623	+0.087%	$87.8M	$323.7M	75x	as long as short
Bybit WLDUSDTshort	+0.0100%	8h	0.4621	+0.043%	$66.0M	$87.0M	50x
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4621	+0.043%	$34.8M	$150.8M	50x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4622	+0.065%	$46.6M	$55.6M	300x	as long as short
Bitget WLDUSDTlong	+0.0100%	8h	0.4619	long leg	$30.7M	$29.1M	75x
BingX WLD-USDC	+0.0100%	8h	0.4623	+0.087%	—	$1.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4633	+0.305%	$139K	$293K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4642	+0.493%	$2.1M	$1.7M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4639	+0.443%	$28K	$318K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4646	+0.583%	$610K	$1.9M	10x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4624	+0.115%	$51K	$2.1M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4636	+0.368%	$23K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4631	+0.260%	$220	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4634	+0.325%	$877K	$1.9M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4635	+0.346%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4615	−0.081%	$213K	$884K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4632	+0.288%	$31K	$600	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4620	+0.017%	—	—	20x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0239% / S −0.1538%	1h	0.4626	+0.148%	$6K	—	100x	as long as short
01 Exchange WLDUSD	+0.0264%	1h	0.4623	+0.084%	$331	$77	5x	as long as short
Coinbase International WLD-PERP-INTX	+0.0456%	1h	0.4638	+0.411%	$275K	$1.7M	50x	as long as short
Hyperliquid WLD	+0.0589%	1h	0.4629	+0.212%	$51.7M	$44.0M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.0646%	1h	0.4635	+0.351%	$906K	$2.9M	50x	as long as short
Lighter WLD	+0.0840%	1h	0.4629	+0.214%	$5.3M	$2.1M	10x	as long as short