Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0204%/8h= −22.3% APRpaid last 24h −0.054%

Price spread now: 01 Exchange against BloFin−0.024%7-day average — · you buy dearer than you sell

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

Long on BloFin Short on 01 Exchange

What this pair did over the last

the charts below follow

Funding, last 4 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

Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and 01 Exchange is 0.024% cheaper against BloFin than usual: you would sell low and buy high (−$2 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin WLD-USDT	0.4564	0.0220	pay 0.0220% / 8h	4h 46m	$4.9M	$845K	75x
Short	01 Exchange WLDUSD	0.4563	0.0016	get 0.0002% / 1h	46m 20s	$326	$80	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange 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 01 ExchangebpOrdersPrice spread, now −0.024%Rate

Funding earned: −$42.84
Price spread: −0.024% → 0.000%: −$2.41
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: −$64.25
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: BloFin: live order book, 2 min ago; 01 Exchange: 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, 2 min ago	3.29 bp	13.3 bp −$13	17.7 bp −$177	40.4 bp −$4,037	126.1 bp −$63.0K
Sell 01 Exchange no order-book sample	—	—	—	—	—

01 Exchange: 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
Kalshi KXWLDPERP	−0.0107%	8h	0.4565	+0.022%	$62K	$4.6M	1.7x	as long as short
Nado WLD-PERP	−0.0076%	1h	0.4561	−0.077%	$242K	$205K	5x	as long as short
KuCoin WLDUSDTM	−0.0036%	8h	0.4558	−0.131%	$6.9M	$11.6M	50x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4562	−0.040%	$156K	$33K	10x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4562	−0.047%	$66K	—	150x	as long as short
Injective WLD/USDC PERP	+0.0014%	1h	0.4558	−0.131%	$6K	$185K	5.5x	as long as short
01 Exchange WLDUSDshort	+0.0016%	1h	0.4563	−0.024%	$326	$80	5x
Orderly PERP_WLD_USDC	+0.0083%	8h	0.4562	−0.044%	$28K	$888K	10x	as long as short
Lighter WLD	+0.0096%	1h	0.4567	+0.077%	$4.9M	$2.4M	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4564	0.000%	$189K	$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	0.4565	+0.012%	$49K	$528K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4562	−0.043%	$86.6M	$327.3M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4561	−0.066%	$65.0M	$88.8M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4563	−0.022%	$34.2M	$148.7M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4561	−0.066%	$7.2M	$36.7M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4562	−0.044%	$44.4M	$53.8M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4563	−0.022%	$30.1M	$30.1M	75x	as long as short
BingX WLD-USDC	+0.0100%	8h	0.4561	−0.066%	—	$1.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4565	+0.022%	$135K	$299K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4575	+0.234%	$2.1M	$1.7M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4559	−0.109%	$27K	$319K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4561	−0.065%	$600K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4559	−0.110%	$43K	$239K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4561	−0.077%	$51K	$2.1M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4570	+0.131%	$23K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4567	+0.066%	$177	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4567	+0.066%	$836K	$1.9M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4564	0.000%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4564	+0.006%	$220K	$981K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4563	−0.018%	$31K	$600	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4560	−0.082%	—	—	20x	as long as short
Phoenix WLD	+0.0158%	1h	0.4563	−0.015%	$5K	$52K	10x	as long as short
Hyperliquid WLD	+0.0166%	1h	0.4567	+0.068%	$50.1M	$43.2M	10x	as long as short
Deribit WLD_USDC-PERPETUAL	+0.0188%	1h	0.4565	+0.022%	$115K	$924K	25x	as long as short
BloFin WLD-USDTlong	+0.0220%	8h	0.4564	long leg	$4.9M	$845K	75x
GMX WLD/USD [ETH-USDC]	L +0.0229% / S −0.1268%	1h	0.4561	−0.071%	$5K	—	100x	as long as short
Kraken Futures PF_WLDUSD	+0.0480%	1h	0.4569	+0.110%	$884K	$2.8M	50x	as long as short
Coinbase International WLD-PERP-INTX	+0.0496%	1h	0.4570	+0.131%	$268K	$1.7M	50x	as long as short