Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0180%/8h= +19.7% APRpaid last 24h −0.041%

Price spread now: 01 Exchange against Bitget−0.250%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Bitget Short on 01 Exchange

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. 01 Exchange is 0.250% cheaper against Bitget than usual: you would sell low and buy high (spread −0.250% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$25 on $10k: about 4.6 days of funding at the current rate (+$5 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget WLDUSDT	0.4684	0.0100	pay 0.0100% / 8h	6h 08m	$31.1M	$29.5M	75x
Short	01 Exchange WLDUSD	0.4672	0.0280	get 0.0035% / 1h	8m 00s	$334	$80	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange 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 01 ExchangebpOrdersPrice spread, now −0.250%Rate

Funding earned: $37.8
Price spread: −0.250% → 0.000%: −$24.98
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: −$6.18
Costs to cover: 0.190%
Break-even: 8.1 days

Slippage unknown: Bitget: live order book, 1 min ago; 01 Exchange: no order-book sample. Net counts fees only.

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, 1 min ago	3.22 bp	12.0 bp −$12	21.8 bp −$218	85.2 bp −$8,524	doesn't fit
Sell 01 Exchange no order-book sample	—	—	—	—	—

01 Exchange: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

WLD on 37 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	0.4666	−0.384%	$6K	$185K	5.5x	as long as short
Kalshi KXWLDPERP	−0.0143%	8h	0.4676	−0.171%	$71K	$4.5M	1.7x	as long as short
KuCoin WLDUSDTM	−0.0042%	8h	0.4679	−0.107%	$7.1M	$11.6M	50x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4662	−0.468%	$166K	$26K	10x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4680	−0.088%	$56K	—	150x	as long as short
Nado WLD-PERP	+0.0009%	1h	0.4677	−0.149%	$272K	$189K	5x	as long as short
Orderly PERP_WLD_USDC	+0.0064%	8h	0.4682	−0.043%	$28K	$895K	10x	as long as short
Phoenix WLD	+0.0068%	1h	0.4663	−0.453%	$5K	$54K	10x	as long as short
Gate WLD_USDT	+0.0089%	8h	0.4677	−0.149%	$7.3M	$38.1M	75x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4676	−0.168%	$179K	$1.0M	50x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica WLD	+0.0100%	1h	0.4663	−0.456%	$51K	$513K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4682	−0.043%	$89.0M	$326.5M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4682	−0.043%	$66.8M	$87.9M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4684	0.000%	$35.2M	$152.7M	50x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4682	−0.043%	$46.2M	$56.2M	300x	as long as short
Bitget WLDUSDTlong	+0.0100%	8h	0.4684	long leg	$31.1M	$29.5M	75x
BingX WLD-USDC	+0.0100%	8h	0.4682	−0.043%	—	$1.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4686	+0.043%	$140K	$289K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4659	−0.540%	$2.1M	$1.7M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4660	−0.523%	$28K	$317K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4664	−0.422%	$616K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4661	−0.491%	$51K	$235K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4678	−0.117%	$54K	$2.1M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4691	+0.149%	$23K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4683	−0.021%	$228	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4682	−0.043%	$888K	$1.9M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4682	−0.043%	$1.9M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4684	−0.002%	$215K	$889K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4684	0.000%	$32K	$600	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4673	−0.230%	—	—	20x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0230% / S −0.1268%	1h	0.4681	−0.072%	$5K	—	100x	as long as short
01 Exchange WLDUSDshort	+0.0280%	1h	0.4672	−0.250%	$334	$80	5x
Deribit WLD_USDC-PERPETUAL	+0.0391%	1h	0.4685	+0.021%	$121K	$918K	25x	as long as short
Coinbase International WLD-PERP-INTX	+0.0456%	1h	0.4685	+0.021%	$275K	$1.7M	50x	as long as short
Hyperliquid WLD	+0.0553%	1h	0.4688	+0.088%	$52.1M	$43.3M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.0639%	1h	0.4684	−0.005%	$908K	$2.9M	50x	as long as short
Lighter WLD	+0.0856%	1h	0.4689	+0.115%	$5.3M	$2.1M	10x	as long as short