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 −0.017%

Price spread now: Gate against Bitget0.000%7-day average +0.027% · you sell dearer than you buy

Net, funding: paid 7d − costs−$61as in the Funding arb table

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

costs, in and out, $10k−$510.506% of the position

Long on Bitget Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.105%−$11 on $10k

Price spread, last 7 days+0.022%+$2 · spread now 0.000%, 7d avg +0.027%

Together, before fees−0.083%−$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: Gate is 0.027% cheaper against Bitget than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.027%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget WLDUSDT	0.4603	0.0100	pay 0.0100% / 8h	1h 01m	$30.4M	$25.6M	75x
Short	Gate WLD_USDT	0.4603	0.0100	get 0.0100% / 8h	1h 01m	$7.5M	$35.5M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → +0.027%: −$2.69
Slippage, 4 orders: −$23.61
Fee Bitget: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$53.31
Costs to cover: 0.506%
Break-even: never at this rate

Slippage from Bitget: live order book, 2 min ago; Gate: 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, 2 min ago	1.09 bp	8.9 bp −$9	19.3 bp −$193	68.7 bp −$6,869	doesn't fit
Sell Gate live order book, 2 min ago	2.17 bp	13.3 bp −$13	33.3 bp −$333	51.5 bp −$5,154	120.1 bp −$60.0K

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	−0.0269%	8h	0.4604	+0.022%	$56K	$3.8M	1.7x	as long as short
Injective WLD/USDC PERP	−0.0079%	1h	0.4578	−0.543%	$6K	$185K	5.5x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4605	+0.040%	$164K	$13K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4605	+0.043%	$109K	$883K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4605	+0.047%	$57K	—	150x	as long as short
Orderly PERP_WLD_USDC	+0.0007%	8h	0.4604	+0.022%	$28K	$911K	10x	as long as short
KuCoin WLDUSDTM	+0.0008%	8h	0.4604	+0.022%	$7.0M	$10.8M	50x	as long as short
Nado WLD-PERP	+0.0050%	1h	0.4605	+0.043%	$277K	$169K	5x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4606	+0.065%	$195K	$999K	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4607	+0.077%	$53K	$481K	5x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance WLDUSDT	+0.0100%	8h	0.4606	+0.065%	$87.1M	$297.7M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4606	+0.065%	$66.0M	$82.1M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4604	+0.022%	$34.5M	$142.3M	50x	as long as short
Gate WLD_USDTshort	+0.0100%	8h	0.4603	0.000%	$7.5M	$35.5M	75x
MEXC WLD_USDT	+0.0100%	8h	0.4606	+0.065%	$49.5M	$52.4M	300x	as long as short
Bitget WLDUSDTlong	+0.0100%	8h	0.4603	long leg	$30.4M	$25.6M	75x
BingX WLD-USDC	+0.0100%	8h	0.4605	+0.043%	—	$1.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4605	+0.052%	$130K	$269K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4593	−0.220%	$2.1M	$1.6M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4601	−0.040%	$27K	$317K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4606	+0.065%	$619K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4586	−0.369%	$55K	$228K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4608	+0.117%	$41K	$1.6M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4610	+0.152%	$23K	$1.5M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4604	+0.022%	$204	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4599	−0.087%	$868K	$1.8M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4602	−0.022%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4604	+0.013%	$238K	$858K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4608	+0.114%	$31K	$5K	3x	as long as short
Phoenix WLD	+0.0124%	1h	0.4597	−0.135%	$5K	$53K	10x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4605	+0.052%	—	—	20x	as long as short
Kraken Futures PF_WLDUSD	+0.0185%	1h	0.4608	+0.102%	$919K	$2.7M	50x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4607	+0.087%	$4.9M	$821K	75x	as long as short
01 Exchange WLDUSD	+0.0256%	1h	0.4610	+0.159%	$330	$77	5x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0261% / S −0.2221%	1h	0.4605	+0.034%	$9K	—	100x	as long as short
Coinbase International WLD-PERP-INTX	+0.0424%	1h	0.4608	+0.109%	$271K	$1.6M	50x	as long as short
Hyperliquid WLD	+0.0667%	1h	0.4612	+0.189%	$50.1M	$43.0M	10x	as long as short
Lighter WLD	+0.1072%	1h	0.4616	+0.289%	$5.2M	$2.1M	10x	as long as short