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

WLD

all WLD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0120%/8h= −13.1% APRnext payment $1.20 per $10,000 · paid last 24h −0.022%
Price spread now: GRVT against BloFin+0.122%102s7-day average −0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$420.423% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.144%−$14 on $10k
Price spread, last 4 days (all we have)−0.423%−$42 · spread now +0.122%, 7d avg −0.034%
Together, before fees−0.567%+ Points / potential airdropGRVT: Active · farm board−$57 on $10k · with fees, hour by hour
The price spread pays, funding is against you. GRVT is 0.156% dearer against BloFin than usual: you sell high and buy low (spread +0.122% now, against its 7-day average of −0.034%): +$16 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 4.3 days. The two prices were read 102 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin WLD-USDT0.45040.0220pay 0.0220% / 8h3h 07m$4.8M$874K75x
ShortGRVT WLD_USDT_Perp0.45090.0100get 0.0100% / 8h3h 07m$598K$2.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT against BloFin. 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
−$25.2
Price spread: +0.122% → −0.034%
$15.59
Slippage, 4 orders
−$21.31
Fee BloFin: 6 bp × 2 orders
−$12
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$51.91
Costs to cover
0.423%
Break-even
never at this rate
Slippage from BloFin: live order book, 6 min ago; GRVT: live order book, 1 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 BloFin live order book, 6 min ago3.31 bp11.0 bp −$1113.8 bp −$13835.9 bp −$3,594132.6 bp −$66.3K
Sell GRVT live order book, 1 min ago2.22 bp12.1 bp −$1234.8 bp −$348doesn'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
Nado WLD-PERP−0.0027%1h0.45040.000%$239K$205K5xas long as short
dYdX WLD-USD0.0000%1h0.4512+0.183%$154K$33K10xas long as short
Kalshi KXWLDPERP0.0000%8h0.4508+0.089%$65K$4.7M1.7xas long as short
Deribit WLD_USDC-PERPETUAL0.0000%1h0.4510+0.133%$119K$988K25xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4510+0.131%$65K150xas long as short
KuCoin WLDUSDTM+0.0033%8h0.4509+0.111%$6.8M$11.8M50xas long as short
Orderly PERP_WLD_USDC+0.0099%8h0.4507+0.067%$28K$868K10xas long as short
Aster WLDUSDT+0.0100%8h0.4511+0.158%$221K$1.1M50xas long as short
Pacifica WLD+0.0100%1h0.4513+0.195%$50K$526K5xas long as short
Binance WLDUSDT+0.0100%8h0.4511+0.162%$85.9M$332.5M75xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit WLDUSDT+0.0100%8h0.4511+0.155%$64.0M$90.3M50xas long as short
OKX WLD-USDT-SWAP+0.0100%8h0.4511+0.155%$34.0M$151.0M50xas long as short
Gate WLD_USDT+0.0100%8h0.4511+0.155%$7.2M$36.8M75xas long as short
MEXC WLD_USDT+0.0100%8h0.4511+0.155%$39.7M$55.6M300xas long as short
Bitget WLDUSDT+0.0100%8h0.4510+0.133%$29.7M$30.2M75xas long as short
BingX WLD-USDC+0.0100%8h0.4512+0.178%$1.3Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4508+0.082%$134K$304K10xas long as short
Variational Omni WLD+0.0100%8h0.4516+0.259%$2.1M$1.7Mas long as short
edgeX WLDUSDC+0.0100%4h0.4511+0.149%$27K$319K20xas long as short
GRVT WLD_USDT_Perpshort+0.0100%8h0.4509+0.122%$598K$2.0M10x
ApeX Omni WLDUSDT+0.0100%1h0.4529+0.555%$48K$240K50xas long as short
Polymarket Perps WLD-USD+0.0100%1h0.4507+0.067%$49K$2.2M10xas long as short
SunX WLD-USDT+0.0100%8h0.4514+0.222%$23K$1.6M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4507+0.067%$206$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4511+0.155%$824K$1.8M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4508+0.089%$1.8M$3.6M50xas long as short
Extended WLD-USD+0.0104%1h0.4510+0.129%$214K$984K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4509+0.121%$31K$6003xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4508+0.082%20xas long as short
Injective WLD/USDC PERP+0.0142%1h0.4538+0.755%$6K$185K5.5xas long as short
Phoenix WLD+0.0157%1h0.4525+0.457%$5K$52K10xas long as short
BloFin WLD-USDTlong+0.0220%8h0.4504long leg$4.8M$874K75x
GMX WLD/USD [ETH-USDC]L +0.0229% / S −0.1268%1h0.4510+0.133%$5K100xas long as short
01 Exchange WLDUSD+0.0240%1h0.4512+0.171%$323$555xas long as short
Hyperliquid WLD+0.0294%1h0.4515+0.249%$49.2M$43.6M10xas long as short
Kraken Futures PF_WLDUSD+0.0527%1h0.4509+0.109%$865K$2.9M50xas long as short
Coinbase International WLD-PERP-INTX+0.0560%1h0.4512+0.178%$262K$1.6M50xas long as short
Lighter WLD+0.0672%1h0.4518+0.320%$4.9M$2.9M10xas long as short