Settings8H · net · $10k
Funding arb · Price arb /

WLD

all WLD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0097%/8h= −10.6% APRnext payment $0.97 per $10,000 · paid last 24h −0.009%
Price spread now: KuCoin against Bitget+0.130%7-day average +0.024% · you sell dearer than you buy
Net, funding: paid 7d − costs−$66as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$610.613% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.050%−$5 on $10k
Price spread, last 7 days−0.104%−$10 · spread now +0.130%, 7d avg +0.024%
Together, before fees−0.155%−$15 on $10k · with fees, hour by hour
The price spread pays, funding is against you. KuCoin is 0.106% dearer against Bitget than usual: you sell high and buy low (spread +0.130% now, against its 7-day average of +0.024%): +$11 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.6 days. At the pace of the last 7 days (−0.050% in total) that is about 15 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget WLDUSDT0.46030.0100pay 0.0100% / 8h1h 38m$30.4M$25.3M75x
ShortKuCoin WLDUSDTM0.46090.0003get 0.0003% / 8h1h 38m$7.1M$10.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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

Funding earned
−$20.37
Price spread: +0.130% → +0.024%
$10.62
Slippage, 4 orders
−$37.3
Fee Bitget: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$71.05
Costs to cover
0.613%
Break-even
never at this rate
Slippage from Bitget: live order book, 5 min ago; KuCoin: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 5 min ago1.09 bp9.7 bp −$1024.8 bp −$24879.4 bp −$7,936doesn't fit
Sell KuCoin live order book, 5 min ago2.17 bp17.7 bp −$1844.4 bp −$444doesn't fitdoesn't fit

WLD on 38 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kalshi KXWLDPERP−0.0395%8h0.4623+0.434%$35K$3.8M1.7xas long as short
Injective WLD/USDC PERP−0.0079%1h0.4522−1.760%$6K$185K5.5xas long as short
Orderly PERP_WLD_USDC−0.0005%8h0.4621+0.391%$28K$914K10xas long as short
dYdX WLD-USD0.0000%1h0.4602−0.016%$164K$13K10xas long as short
KuCoin WLDUSDTMshort+0.0003%8h0.4609+0.130%$7.1M$10.7M50x
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4623+0.442%$57K150xas long as short
Variational Omni WLD+0.0046%8h0.4597−0.131%$2.1M$1.6Mas long as short
Nado WLD-PERP+0.0060%1h0.4619+0.358%$278K$169K5xas long as short
Aster WLDUSDT+0.0100%8h0.4610+0.157%$217K$988K50xas long as short
Pacifica WLD+0.0100%1h0.4603+0.001%$52K$480K5xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance WLDUSDT+0.0100%8h0.4605+0.048%$87.3M$295.4M75xas long as short
Bybit WLDUSDT+0.0100%8h0.4602−0.022%$65.9M$81.0M50xas long as short
OKX WLD-USDT-SWAP+0.0100%8h0.4600−0.065%$34.4M$141.2M50xas long as short
Gate WLD_USDT+0.0100%8h0.4610+0.152%$7.5M$35.0M75xas long as short
MEXC WLD_USDT+0.0100%8h0.4602−0.022%$49.3M$51.3M300xas long as short
Bitget WLDUSDTlong+0.0100%8h0.4603long leg$30.4M$25.3M75x
BingX WLD-USDT+0.0100%8h0.4607+0.087%$67.9Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4614+0.232%$128K$269K10xas long as short
edgeX WLDUSDC+0.0100%4h0.4598−0.106%$27K$314K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4598−0.109%$627K$1.9M10xas long as short
ApeX Omni WLDUSDT+0.0100%1h0.4597−0.130%$55K$227K50xas long as short
Polymarket Perps WLD-USD+0.0100%1h0.4625+0.478%$47K$1.7M10xas long as short
SunX WLD-USDT+0.0100%8h0.4623+0.434%$23K$1.5M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4618+0.326%$203$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4616+0.282%$871K$1.8M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4611+0.174%$1.8M$3.8M50xas long as short
Extended WLD-USD+0.0104%1h0.4609+0.124%$242K$855K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4621+0.382%$31K$5K3xas long as short
Phoenix WLD+0.0124%1h0.4595−0.172%$5K$53K10xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4622+0.413%20xas long as short
Deribit WLD_USDC-PERPETUAL+0.0183%1h0.4623+0.434%$108K$890K25xas long as short
Kraken Futures PF_WLDUSD+0.0184%1h0.4620+0.359%$927K$2.6M50xas long as short
BloFin WLD-USDT+0.0220%8h0.4616+0.282%$4.9M$821K75xas long as short
01 Exchange WLDUSD+0.0256%1h0.4628+0.534%$331$775xas long as short
GMX WLD/USD [ETH-USDC]L +0.0261% / S −0.2221%1h0.4622+0.408%$9K100xas long as short
Coinbase International WLD-PERP-INTX+0.0424%1h0.4623+0.434%$275K$1.6M50xas long as short
Lighter WLD+0.0904%1h0.4612+0.202%$5.2M$2.1M10xas long as short
Hyperliquid WLD+0.1114%1h0.4613+0.215%$50.3M$42.9M10xas long as short