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 −0.020%
Price spread now: SunX against BloFin+0.065%55s7-day average +0.120% · you sell dearer than you buy
Net, funding: paid 7d − costs−$122as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1091.093% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.123%−$12 on $10k
Price spread, last 3 days (all we have)+0.093%+$9 · spread now +0.065%, 7d avg +0.120%
Together, before fees−0.030%−$3 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 SunX is 0.055% cheaper against BloFin than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.120%). Swap the legs. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin WLD-USDT0.45810.0220pay 0.0220% / 8h7h 57m$4.9M$822K75x
ShortSunX WLD-USDT0.45840.0100get 0.0100% / 8h7h 57m$23K$1.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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: +0.065% → +0.120%
−$5.46
Slippage, 4 orders
−$89.29
Fee BloFin: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
−$139.95
Costs to cover
1.093%
Break-even
never at this rate
Slippage from BloFin: live order book, 11 min ago; SunX: live order book, 7 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, 11 min ago4.36 bp10.4 bp −$1015.1 bp −$15140.6 bp −$4,061137.6 bp −$68.8K
Sell SunX live order book, 7 min ago29.42 bp45.8 bp −$46doesn't fitdoesn'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
Kalshi KXWLDPERP−0.0202%8h0.4575−0.131%$65K$3.9M1.7xas long as short
dYdX WLD-USD0.0000%1h0.4565−0.341%$163K$13K10xas long as short
KuCoin WLDUSDTM+0.0003%8h0.4573−0.175%$6.9M$11.0M50xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4579−0.039%$56K150xas long as short
Injective WLD/USDC PERP+0.0038%1h0.4585+0.087%$6K$185K5.5xas long as short
Orderly PERP_WLD_USDC+0.0039%8h0.4578−0.065%$28K$906K10xas long as short
Nado WLD-PERP+0.0096%1h0.4577−0.087%$276K$169K5xas long as short
Aster WLDUSDT+0.0100%8h0.4578−0.060%$192K$1.0M50xas long as short
Pacifica WLD+0.0100%1h0.4569−0.271%$53K$487K5xas long as short
Binance WLDUSDT+0.0100%8h0.4576−0.102%$86.5M$304.1M75xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit WLDUSDT+0.0100%8h0.4576−0.109%$65.8M$82.8M50xas long as short
OKX WLD-USDT-SWAP+0.0100%8h0.4575−0.131%$34.2M$143.5M50xas long as short
Gate WLD_USDT+0.0100%8h0.4574−0.153%$7.5M$34.9M75xas long as short
MEXC WLD_USDT+0.0100%8h0.4573−0.175%$46.2M$53.1M300xas long as short
Bitget WLDUSDT+0.0100%8h0.4576−0.109%$30.3M$26.1M75xas long as short
BingX WLD-USDT+0.0100%8h0.4575−0.131%$67.1Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4579−0.052%$136K$283K10xas long as short
Variational Omni WLD+0.0100%8h0.4578−0.068%$2.0M$1.7Mas long as short
edgeX WLDUSDC+0.0100%4h0.4577−0.086%$27K$318K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4585+0.087%$608K$1.9M10xas long as short
ApeX Omni WLDUSDT+0.0100%1h0.4580−0.022%$55K$228K50xas long as short
Polymarket Perps WLD-USD+0.0100%1h0.4578−0.072%$48K$1.6M10xas long as short
SunX WLD-USDTshort+0.0100%8h0.4584+0.065%$23K$1.5M50x
SoDEX WLD-USD+0.0100%1h0.4575−0.131%$213$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4567−0.306%$850K$1.8M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4578−0.065%$1.8M$3.7M50xas long as short
Extended WLD-USD+0.0104%1h0.4573−0.182%$231K$847K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4581−0.006%$31K$5K3xas long as short
Phoenix WLD+0.0104%1h0.4586+0.098%$5K$53K10xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4574−0.156%20xas long as short
Deribit WLD_USDC-PERPETUAL+0.0187%1h0.4580−0.022%$122K$892K25xas long as short
BloFin WLD-USDTlong+0.0220%8h0.4581long leg$4.9M$822K75x
GMX WLD/USD [ETH-USDC]L +0.0229% / S −0.1268%1h0.4580−0.024%$5K100xas long as short
01 Exchange WLDUSD+0.0280%1h0.4582+0.011%$328$775xas long as short
Kraken Futures PF_WLDUSD+0.0329%1h0.4578−0.058%$903K$2.7M50xas long as short
Coinbase International WLD-PERP-INTX+0.0448%1h0.4580−0.022%$273K$1.6M50xas long as short
Hyperliquid WLD+0.0738%1h0.4583+0.055%$50.8M$43.6M10xas long as short
Lighter WLD+0.1024%1h0.4590+0.192%$5.2M$2.0M10xas long as short