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 −0.015%

Price spread now: GRVT against Bitget+0.907%93s7-day average +0.051% · 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—prices read too far apart to compare

costs, in and out, $10k−$560.564% of the position

Long on Bitget Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days+0.021%+$2 on $10k

Price spread, last 3 days (all we have)−0.742%−$74 · spread now +0.907%, 7d avg +0.051%

Together, before fees−0.721%+ Points / potential airdropGRVT: Active · farm board−$72 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: GRVT is 0.856% dearer against Bitget than usual: you sell high and buy low, +$86 on $10k if it goes back to its 7-day average of +0.051%. The two prices were read 93 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	0.4643	0.0100	pay 0.0100% / 8h	6h 55m	$30.9M	$28.1M	75x
Short	GRVT WLD_USDT_Perp	0.4685	0.0100	get 0.0100% / 8h	6h 55m	$619K	$1.8M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now +0.907%Rate

Funding earned: $0
Price spread: +0.907% → +0.051%: $85.61
Slippage, 4 orders: −$35.43
Fee Bitget: 6 bp × 2 orders: −$12
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: $29.17
Costs to cover: 0.564%
Break-even: from the start

Slippage from Bitget: live order book, 3 min ago; GRVT: 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	4.30 bp	14.6 bp −$15	30.3 bp −$303	130.4 bp −$13.0K	doesn't fit
Sell GRVT live order book, 2 min ago	3.21 bp	16.7 bp −$17	30.0 bp −$300	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	−0.0235%	1h	0.4675	+0.689%	$6K	$185K	5.5x	as long as short
Kalshi KXWLDPERP	−0.0158%	8h	0.4645	+0.043%	$28K	$4.2M	1.7x	as long as short
KuCoin WLDUSDTM	−0.0022%	8h	0.4641	−0.043%	$7.0M	$11.3M	50x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4656	+0.274%	$166K	$12K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4648	+0.108%	$131K	$909K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4649	+0.129%	$66K	—	150x	as long as short
Orderly PERP_WLD_USDC	+0.0052%	8h	0.4648	+0.108%	$28K	$899K	10x	as long as short
Nado WLD-PERP	+0.0099%	1h	0.4654	+0.248%	$270K	$178K	5x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4647	+0.096%	$212K	$1.0M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4657	+0.302%	$54K	$487K	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	0.4645	+0.047%	$88.7M	$316.5M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4643	0.000%	$66.8M	$85.2M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4643	0.000%	$35.0M	$149.5M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4642	−0.022%	$7.4M	$36.3M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4646	+0.065%	$47.4M	$54.3M	300x	as long as short
Bitget WLDUSDTlong	+0.0100%	8h	0.4643	long leg	$30.9M	$28.1M	75x
BingX WLD-USDC	+0.0100%	8h	0.4645	+0.043%	—	$1.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4640	−0.058%	$140K	$279K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4647	+0.081%	$2.1M	$1.7M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4703	+1.294%	$28K	$316K	20x	as long as short
GRVT WLD_USDT_Perpshort	+0.0100%	8h	0.4685	+0.907%	$619K	$1.8M	10x
ApeX Omni WLDUSDT	+0.0100%	1h	0.4708	+1.400%	$57K	$233K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4656	+0.289%	$50K	$1.8M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4651	+0.172%	$23K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4651	+0.172%	$220	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4641	−0.043%	$880K	$1.9M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4643	0.000%	$1.9M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4642	−0.012%	$214K	$881K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4653	+0.226%	$32K	$600	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4652	+0.200%	—	—	20x	as long as short
Phoenix WLD	+0.0157%	1h	0.4667	+0.528%	$5K	$54K	10x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4662	+0.409%	$5.0M	$869K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0239% / S −0.1538%	1h	0.4648	+0.109%	$6K	—	100x	as long as short
01 Exchange WLDUSD	+0.0288%	1h	0.4656	+0.286%	$333	$77	5x	as long as short
Coinbase International WLD-PERP-INTX	+0.0456%	1h	0.4650	+0.151%	$273K	$1.7M	50x	as long as short
Hyperliquid WLD	+0.0501%	1h	0.4647	+0.097%	$52.0M	$44.4M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.0644%	1h	0.4649	+0.124%	$913K	$2.8M	50x	as long as short
Lighter WLD	+0.0680%	1h	0.4653	+0.211%	$5.3M	$2.1M	10x	as long as short