Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.005%

Price spread now: Pacifica against Bitget+0.065%7-day average +0.079% · you sell dearer than you buy

Net, funding: paid 7d − costs−$40as in the Funding arb table

Net, price: spread back to 7d avg − costs−$46as in the Price arb table

costs, in and out, $10k−$440.442% of the position

Long on Bitget Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days+0.041%+$4 on $10k

Price spread, last 4 days (all we have)+0.120%+$12 · spread now +0.065%, 7d avg +0.079%

Together, before fees+0.162%+ Points / potential airdropPacifica: Active · farm board+$16 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget WLDUSDT	0.4607	0.0100	pay 0.0100% / 8h	1h 00m	$30.5M	$25.6M	75x
Short	Pacifica WLD	0.4610	0.0100	get 0.0013% / 1h	0m 44s	$53K	$481K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 PacificabpOrdersPrice spread, now +0.065%Rate

Funding earned: $0
Price spread: +0.065% → +0.079%: −$1.37
Slippage, 4 orders: −$24.2
Fee Bitget: 6 bp × 2 orders: −$12
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$45.58
Costs to cover: 0.442%
Break-even: never at this rate

Slippage from Bitget: live order book, 3 min ago; Pacifica: live order book, 18 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	1.09 bp	8.9 bp −$9	19.3 bp −$193	68.7 bp −$6,869	doesn't fit
Sell Pacifica live order book, 18 min ago	1.09 bp	7.0 bp −$7	doesn't fit	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
Kalshi KXWLDPERP	−0.0263%	8h	0.4604	−0.065%	$56K	$3.8M	1.7x	as long as short
Injective WLD/USDC PERP	−0.0079%	1h	0.4578	−0.629%	$6K	$185K	5.5x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4610	+0.073%	$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	−0.039%	$57K	—	150x	as long as short
Orderly PERP_WLD_USDC	+0.0007%	8h	0.4604	−0.065%	$28K	$911K	10x	as long as short
KuCoin WLDUSDTM	+0.0010%	8h	0.4608	+0.022%	$7.0M	$10.8M	50x	as long as short
Nado WLD-PERP	+0.0049%	1h	0.4606	−0.033%	$277K	$169K	5x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4610	+0.063%	$196K	$999K	50x	as long as short
Pacifica WLDshort	+0.0100%	1h	0.4610	+0.065%	$53K	$481K	5x

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance WLDUSDT	+0.0100%	8h	0.4609	+0.043%	$87.4M	$297.9M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4609	+0.043%	$66.0M	$82.1M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4607	0.000%	$34.5M	$142.5M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4608	+0.022%	$7.5M	$35.5M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4608	+0.022%	$49.5M	$52.4M	300x	as long as short
Bitget WLDUSDTlong	+0.0100%	8h	0.4607	long leg	$30.5M	$25.6M	75x
BingX WLD-USDC	+0.0100%	8h	0.4608	+0.022%	—	$1.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4610	+0.072%	$130K	$269K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4593	−0.306%	$2.1M	$1.6M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4606	−0.028%	$27K	$317K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4606	−0.022%	$619K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4604	−0.065%	$55K	$228K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4606	−0.013%	$41K	$1.6M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4612	+0.109%	$23K	$1.5M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4604	−0.065%	$202	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4599	−0.174%	$868K	$1.8M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4601	−0.130%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4607	−0.009%	$238K	$858K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4611	+0.092%	$31K	$5K	3x	as long as short
Phoenix WLD	+0.0124%	1h	0.4608	+0.033%	$5K	$53K	10x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4602	−0.111%	—	—	20x	as long as short
Kraken Futures PF_WLDUSD	+0.0185%	1h	0.4606	−0.016%	$919K	$2.7M	50x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4608	+0.022%	$4.9M	$821K	75x	as long as short
01 Exchange WLDUSD	+0.0256%	1h	0.4613	+0.137%	$330	$77	5x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0260% / S −0.2221%	1h	0.4604	−0.065%	$9K	—	100x	as long as short
Coinbase International WLD-PERP-INTX	+0.0424%	1h	0.4613	+0.130%	$272K	$1.6M	50x	as long as short
Hyperliquid WLD	+0.0663%	1h	0.4615	+0.171%	$50.1M	$43.0M	10x	as long as short
Lighter WLD	+0.1080%	1h	0.4619	+0.252%	$5.2M	$2.1M	10x	as long as short