Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0120%/8h= −13.1% APRpaid last 24h −0.022%

Price spread now: SoDEX against BloFin+0.044%7-day average — · you sell dearer than you buy

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

Long on BloFin Short on SoDEX

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

The price spread pays, funding is against you. SoDEX is 0.044% dearer against BloFin than usual: you sell high and buy low (spread +0.044% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 30 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin WLD-USDT	0.4515	0.0220	pay 0.0220% / 8h	2h 52m	$4.8M	$927K	75x
Short	SoDEX WLD-USD	0.4517	0.0100	get 0.0013% / 1h	52m 47s	$203	$5K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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

Position, each leg$Hold fordaysFee BloFinbpFee SoDEXbpOrdersPrice spread, now +0.044%Rate

Funding earned: −$25.2
Price spread: +0.044% → 0.000%: $4.43
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$40.77
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: BloFin: live order book, 6 min ago; SoDEX: 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 BloFin live order book, 6 min ago	3.34 bp	11.2 bp −$11	14.0 bp −$140	34.5 bp −$3,454	126.3 bp −$63.2K
Sell SoDEX no order-book sample	—	—	—	—	—

SoDEX: 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 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
Nado WLD-PERP	−0.0043%	1h	0.4510	−0.111%	$239K	$205K	5x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4522	+0.160%	$154K	$33K	10x	as long as short
Kalshi KXWLDPERP	0.0000%	8h	0.4513	−0.044%	$72K	$4.8M	1.7x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4518	+0.066%	$146K	$1.0M	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4516	+0.022%	$65K	—	150x	as long as short
KuCoin WLDUSDTM	+0.0035%	8h	0.4518	+0.066%	$6.8M	$11.9M	50x	as long as short
Polymarket Perps WLD-USD	+0.0053%	1h	0.4512	−0.064%	$47K	$2.4M	10x	as long as short
01 Exchange WLDUSD	+0.0064%	1h	0.4512	−0.058%	$323	$55	5x	as long as short
Orderly PERP_WLD_USDC	+0.0098%	8h	0.4517	+0.044%	$28K	$854K	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4519	+0.092%	$226K	$1.1M	50x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica WLD	+0.0100%	1h	0.4524	+0.198%	$47K	$533K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4523	+0.184%	$86.0M	$336.2M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4525	+0.221%	$64.2M	$91.5M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4526	+0.244%	$34.1M	$153.4M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4520	+0.111%	$7.2M	$36.6M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4520	+0.111%	$38.9M	$55.4M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4521	+0.133%	$29.7M	$30.7M	75x	as long as short
BingX WLD-USDT	+0.0100%	8h	0.4521	+0.133%	—	$68.1M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4519	+0.080%	$134K	$305K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4523	+0.171%	$2.0M	$1.7M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4513	−0.047%	$27K	$319K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4524	+0.208%	$600K	$2.0M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4518	+0.066%	$23K	$1.6M	50x	as long as short
SoDEX WLD-USDshort	+0.0100%	1h	0.4517	+0.044%	$203	$5K	10x
HTX WLD-USDT	+0.0100%	8h	0.4511	−0.089%	$825K	$1.8M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4521	+0.133%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4519	+0.089%	$221K	$999K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4518	+0.062%	$31K	$600	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4514	−0.016%	—	—	20x	as long as short
Phoenix WLD	+0.0142%	1h	0.4490	−0.560%	$5K	$52K	10x	as long as short
Lighter WLD	+0.0152%	1h	0.4528	+0.288%	$4.9M	$2.9M	10x	as long as short
Injective WLD/USDC PERP	+0.0176%	1h	0.4519	+0.089%	$6K	$185K	5.5x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0219% / S −0.0967%	1h	0.4516	+0.016%	$4K	—	100x	as long as short
BloFin WLD-USDTlong	+0.0220%	8h	0.4515	long leg	$4.8M	$927K	75x
ApeX Omni WLDUSDT	+0.0243%	1h	0.4518	+0.066%	$48K	$240K	50x	as long as short
Hyperliquid WLD	+0.0322%	1h	0.4527	+0.259%	$49.1M	$44.0M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.0502%	1h	0.4518	+0.076%	$865K	$2.9M	50x	as long as short
Coinbase International WLD-PERP-INTX	+0.0536%	1h	0.4521	+0.133%	$266K	$1.7M	50x	as long as short