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

WLD

all WLD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC−0.0120%/8h= −13.1% APRnext payment $1.20 per $10,000 · paid last 24h −0.042%
Price spread now: KuCoin against BloFin−0.089%7-day average −0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs−$85as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$590.590% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.257%−$26 on $10k
Price spread, last 4 days (all we have)−0.698%−$70 · spread now −0.089%, 7d avg −0.031%
Together, before fees−0.955%−$95 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and KuCoin is 0.058% cheaper against BloFin than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.031%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin WLD-USDT0.45020.0220pay 0.0220% / 8h7h 38m$4.4M$906K75x
ShortKuCoin WLDUSDTM0.44980.0100get 0.0100% / 8h7h 38m$6.6M$11.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: −0.089% → −0.031%
−$5.77
Slippage, 4 orders
−$34.95
Fee BloFin: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$89.93
Costs to cover
0.590%
Break-even
never at this rate
Slippage from BloFin: live order book, 5 min ago; KuCoin: live order book, 10 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, 5 min ago3.33 bp11.4 bp −$1115.8 bp −$15847.6 bp −$4,757141.9 bp −$70.9K
Sell KuCoin live order book, 10 min ago1.11 bp19.3 bp −$1949.9 bp −$499doesn'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−0.0016%1h0.4503+0.022%$234K$175K5xas long as short
Kalshi KXWLDPERP0.0000%8h0.4506+0.089%$36K$4.6M1.7xas long as short
Deribit WLD_USDC-PERPETUAL0.0000%1h0.4504+0.044%$118K$1.0M25xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4504+0.044%$65K150xas long as short
dYdX WLD-USD+0.0069%1h0.4508+0.138%$154K$32K10xas long as short
Orderly PERP_WLD_USDC+0.0099%8h0.4503+0.022%$27K$602K10xas long as short
Aster WLDUSDT+0.0100%8h0.4502+0.003%$226K$1.0M50xas long as short
Pacifica WLD+0.0100%1h0.4507+0.111%$54K$542K5xas long as short
Binance WLDUSDT+0.0100%8h0.4501−0.022%$86.1M$333.1M75xas long as short
Bybit WLDUSDT+0.0100%8h0.4499−0.067%$63.6M$89.0M50xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX WLD-USDT-SWAP+0.0100%8h0.4501−0.022%$34.1M$149.2M50xas long as short
Gate WLD_USDT+0.0100%8h0.4499−0.067%$7.1M$34.6M75xas long as short
MEXC WLD_USDT+0.0100%8h0.4500−0.044%$41.8M$55.8M300xas long as short
KuCoin WLDUSDTMshort+0.0100%8h0.4498−0.089%$6.6M$11.7M50x
Bitget WLDUSDT+0.0100%8h0.4499−0.067%$29.7M$30.9M75xas long as short
BingX WLD-USDT+0.0100%8h0.45020.000%$20.2Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4501−0.031%$131K$297K10xas long as short
Variational Omni WLD+0.0100%8h0.4501−0.028%$2.1M$1.5Mas long as short
edgeX WLDUSDC+0.0100%4h0.4504+0.037%$27K$320K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4515+0.289%$599K$2.1M10xas long as short
ApeX Omni WLDUSDT+0.0100%1h0.4504+0.044%$48K$237K50xas long as short
Polymarket Perps WLD-USD+0.0100%1h0.4507+0.111%$49K$2.7M10xas long as short
SunX WLD-USDT+0.0100%8h0.4508+0.133%$22K$1.6M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4501−0.022%$217$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4501−0.022%$823K$1.5M50xas long as short
Phemex WLDUSDT+0.0100%8h0.45020.000%$1.7M$3.6M50xas long as short
Extended WLD-USD+0.0104%1h0.4497−0.103%$207K$876K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4502+0.007%$31K$5003xas long as short
Injective WLD/USDC PERP+0.0109%1h0.4508+0.133%$6K$185K5.5xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4503+0.029%20xas long as short
Hyperliquid WLD+0.0140%1h0.4504+0.051%$49.9M$43.1M10xas long as short
01 Exchange WLDUSD+0.0168%1h0.4509+0.160%$323$555xas long as short
Phoenix WLD+0.0194%1h0.4514+0.269%$4K$44K10xas long as short
GMX WLD/USD [ETH-USDC]L +0.0219% / S −0.0967%1h0.4504+0.038%$4K100xas long as short
BloFin WLD-USDTlong+0.0220%8h0.4502long leg$4.4M$906K75x
Lighter WLD+0.0224%1h0.4507+0.102%$4.9M$2.9M10xas long as short
Kraken Futures PF_WLDUSD+0.0304%1h0.4504+0.044%$866K$2.8M50xas long as short
Coinbase International WLD-PERP-INTX+0.0440%1h0.4513+0.244%$268K$1.6M50xas long as short