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 −0.036%
Price spread now: MEXC against BloFin−0.066%7-day average −0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$280.282% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.253%−$25 on $10k
Price spread, last 4 days (all we have)−0.053%−$5 · spread now −0.066%, 7d avg −0.021%
Together, before fees−0.306%−$31 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 MEXC is 0.046% cheaper against BloFin than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.021%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin WLD-USDT0.45210.0220pay 0.0220% / 8h7h 53m$4.4M$910K75x
ShortMEXC WLD_USDT0.45180.0100get 0.0100% / 8h7h 53m$41.9M$55.5M300x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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: −0.066% → −0.021%
−$4.58
Slippage, 4 orders
−$16.16
Fee BloFin: 6 bp × 2 orders
−$12
Fee MEXC: 0 bp × 2 orders
$0
Net
−$57.94
Costs to cover
0.282%
Break-even
never at this rate
Slippage from BloFin: live order book, 5 min ago; MEXC: live order book, 6 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 ago3.32 bp13.6 bp −$1418.9 bp −$18943.2 bp −$4,317140.7 bp −$70.4K
Sell MEXC live order book, 6 min ago1.11 bp2.4 bp −$26.7 bp −$6729.9 bp −$2,99271.0 bp −$35.5K

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
dYdX WLD-USD0.0000%1h0.4512−0.197%$154K$32K10xas long as short
Kalshi KXWLDPERP0.0000%8h0.4516−0.111%$40K$4.6M1.7xas long as short
Deribit WLD_USDC-PERPETUAL0.0000%1h0.45210.000%$119K$1.0M25xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4515−0.127%$65K150xas long as short
Nado WLD-PERP+0.0018%1h0.4518−0.066%$234K$175K5xas long as short
Gate WLD_USDT+0.0066%8h0.4517−0.088%$7.1M$34.5M75xas long as short
Orderly PERP_WLD_USDC+0.0099%8h0.4519−0.044%$27K$631K10xas long as short
Aster WLDUSDT+0.0100%8h0.4519−0.052%$227K$1.0M50xas long as short
Pacifica WLD+0.0100%1h0.4514−0.160%$54K$543K5xas long as short
Binance WLDUSDT+0.0100%8h0.4518−0.069%$86.7M$333.3M75xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit WLDUSDT+0.0100%8h0.4515−0.133%$63.9M$89.4M50xas long as short
OKX WLD-USDT-SWAP+0.0100%8h0.4516−0.111%$34.2M$150.0M50xas long as short
MEXC WLD_USDTshort+0.0100%8h0.4518−0.066%$41.9M$55.5M300x
KuCoin WLDUSDTM+0.0100%8h0.4514−0.155%$6.6M$11.6M50xas long as short
Bitget WLDUSDT+0.0100%8h0.4517−0.088%$29.8M$31.0M75xas long as short
BingX WLD-USDT+0.0100%8h0.4518−0.066%$20.2Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4515−0.126%$131K$298K10xas long as short
Variational Omni WLD+0.0100%8h0.4509−0.271%$2.1M$1.5Mas long as short
edgeX WLDUSDC+0.0100%4h0.4507−0.310%$27K$320K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4521+0.002%$597K$2.1M10xas long as short
ApeX Omni WLDUSDT+0.0100%1h0.4507−0.310%$48K$237K50xas long as short
Polymarket Perps WLD-USD+0.0100%1h0.4519−0.044%$49K$2.7M10xas long as short
SunX WLD-USDT+0.0100%8h0.4523+0.044%$22K$1.6M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4518−0.066%$215$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4520−0.022%$827K$1.5M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4518−0.066%$1.7M$3.6M50xas long as short
Extended WLD-USD+0.0104%1h0.4517−0.092%$208K$876K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4520−0.026%$31K$5003xas long as short
Injective WLD/USDC PERP+0.0109%1h0.4508−0.288%$6K$185K5.5xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4516−0.104%20xas long as short
Phoenix WLD+0.0194%1h0.4520−0.022%$4K$44K10xas long as short
01 Exchange WLDUSD+0.0208%1h0.4518−0.062%$323$555xas long as short
GMX WLD/USD [ETH-USDC]L +0.0219% / S −0.0967%1h0.4519−0.051%$4K100xas long as short
BloFin WLD-USDTlong+0.0220%8h0.4521long leg$4.4M$910K75x
Kraken Futures PF_WLDUSD+0.0303%1h0.4520−0.020%$869K$2.8M50xas long as short
Lighter WLD+0.0304%1h0.4524+0.064%$4.9M$2.9M10xas long as short
Hyperliquid WLD+0.0356%1h0.4523+0.040%$50.3M$43.0M10xas long as short
Coinbase International WLD-PERP-INTX+0.0440%1h0.4523+0.044%$269K$1.6M50xas long as short