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 −0.009%

Price spread now: MEXC against Bitget0.000%7-day average +0.028% · you sell dearer than you buy

Net, funding: paid 7d − costs−$30as in the Funding arb table

Net, price: spread back to 7d avg − costs−$26as in the Price arb table

costs, in and out, $10k−$230.231% of the position

Long on Bitget Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.068%−$7 on $10k

Price spread, last 7 days+0.013%+$1 · spread now 0.000%, 7d avg +0.028%

Together, before fees−0.054%−$5 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: MEXC is 0.028% 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 +0.028%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget WLDUSDT	0.4634	0.0100	pay 0.0100% / 8h	5h 15m	$30.8M	$29.7M	75x
Short	MEXC WLD_USDT	0.4634	0.0100	get 0.0100% / 8h	5h 15m	$45.8M	$54.6M	300x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → +0.028%: −$2.83
Slippage, 4 orders: −$11.1
Fee Bitget: 6 bp × 2 orders: −$12
Fee MEXC: 0 bp × 2 orders: $0
Net: −$25.93
Costs to cover: 0.231%
Break-even: never at this rate

Slippage from Bitget: live order book, 3 min ago; MEXC: live order book, 3 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	1.08 bp	7.8 bp −$8	22.9 bp −$229	49.9 bp −$4,993	doesn't fit
Sell MEXC live order book, 3 min ago	1.08 bp	1.1 bp −$1	5.4 bp −$54	20.5 bp −$2,055	77.7 bp −$38.8K

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	−0.0123%	8h	0.4640	+0.129%	$45K	$4.6M	1.7x	as long as short
KuCoin WLDUSDTM	−0.0024%	8h	0.4632	−0.043%	$7.1M	$11.6M	50x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4634	−0.009%	$165K	$26K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4639	+0.108%	$120K	$920K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4642	+0.168%	$56K	—	150x	as long as short
Nado WLD-PERP	+0.0012%	1h	0.4644	+0.216%	$269K	$187K	5x	as long as short
01 Exchange WLDUSD	+0.0064%	1h	0.4644	+0.227%	$332	$80	5x	as long as short
Orderly PERP_WLD_USDC	+0.0076%	8h	0.4637	+0.065%	$28K	$891K	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4641	+0.158%	$174K	$1.0M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4636	+0.043%	$49K	$511K	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	0.4635	+0.029%	$88.0M	$326.6M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4633	−0.022%	$66.2M	$88.4M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4635	+0.022%	$35.1M	$149.9M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4640	+0.129%	$7.3M	$37.0M	75x	as long as short
MEXC WLD_USDTshort	+0.0100%	8h	0.4634	0.000%	$45.8M	$54.6M	300x
Bitget WLDUSDTlong	+0.0100%	8h	0.4634	long leg	$30.8M	$29.7M	75x
BingX WLD-USDT	+0.0100%	8h	0.4635	+0.022%	—	$67.2M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4639	+0.108%	$134K	$293K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4639	+0.099%	$2.2M	$1.7M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4652	+0.398%	$28K	$319K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4654	+0.432%	$620K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4663	+0.626%	$51K	$236K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4642	+0.168%	$55K	$2.0M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4648	+0.302%	$23K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4640	+0.129%	$176	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4644	+0.216%	$849K	$1.9M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4639	+0.108%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4633	−0.026%	$214K	$929K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4639	+0.119%	$31K	$600	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4639	+0.112%	—	—	20x	as long as short
Lighter WLD	+0.0168%	1h	0.4638	+0.086%	$5.0M	$2.3M	10x	as long as short
Phoenix WLD	+0.0172%	1h	0.4653	+0.414%	$5K	$57K	10x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4637	+0.065%	$4.9M	$805K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0230% / S −0.1268%	1h	0.4641	+0.150%	$5K	—	100x	as long as short
Hyperliquid WLD	+0.0480%	1h	0.4642	+0.179%	$51.7M	$42.7M	10x	as long as short
Coinbase International WLD-PERP-INTX	+0.0480%	1h	0.4641	+0.151%	$274K	$1.7M	50x	as long as short
Injective WLD/USDC PERP	+0.0677%	1h	0.4636	+0.043%	$6K	$185K	5.5x	as long as short
Kraken Futures PF_WLDUSD	+0.0892%	1h	0.4642	+0.178%	$899K	$2.9M	50x	as long as short