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

WLD

all WLD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0028%/8h= +3.0% APRnext payment +$0.28 per $10,000 · paid last 24h +0.020%
Price spread now: BingX against Bybit−0.022%7-day average +0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$21as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$320.319% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.109%+$11 on $10k
Price spread, last 7 days+0.035%+$3 · spread now −0.022%, 7d avg +0.003%
Together, before fees+0.144%+$14 on $10k · with fees, hour by hour
Funding pays, the price is against you. BingX is 0.025% cheaper against Bybit than usual: you would sell low and buy high (spread −0.022% now, against its 7-day average of +0.003%). If the spread goes back, that is −$3 on $10k: about 3.0 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit WLDUSDT0.45560.0072pay 0.0072% / 8h2h 49m$67.0M$78.7M50x
ShortBingX WLD-USDT0.45550.0100get 0.0100% / 8h2h 49m$67.9M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Bybit. 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
$5.83
Price spread: −0.022% → +0.003%
−$2.51
Slippage, 4 orders
−$10.88
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BingX: 5 bp × 2 orders
−$10
Net
−$28.57
Costs to cover
0.319%
Break-even
41.3 days
Slippage from Bybit: live order book, 5 min ago; BingX: live order book, 5 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 Bybit live order book, 5 min ago1.09 bp9.7 bp −$1017.0 bp −$170112.9 bp −$11.3Kdoesn't fit
Sell BingX live order book, 5 min ago1.09 bp7.9 bp −$812.2 bp −$12225.1 bp −$2,512102.3 bp −$51.1K

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−0.0495%8h0.4555−0.022%$37K$3.8M1.7xas long as short
Variational Omni WLD−0.0055%8h0.4588+0.692%$2.1M$1.7Mas long as short
Orderly PERP_WLD_USDC−0.0028%8h0.45560.000%$28K$919K10xas long as short
dYdX WLD-USD0.0000%1h0.4561+0.110%$156K$6K10xas long as short
Deribit WLD_USDC-PERPETUAL0.0000%1h0.4557+0.022%$153K$785K25xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4555−0.022%$57K150xas long as short
KuCoin WLDUSDTM+0.0016%8h0.4550−0.132%$7.0M$10.7M50xas long as short
OKX WLD-USDT-SWAP+0.0043%8h0.4557+0.022%$34.4M$137.0M50xas long as short
Phoenix WLD+0.0052%1h0.4585+0.645%$5K$52K10xas long as short
Nado WLD-PERP+0.0066%1h0.4552−0.077%$272K$168K5xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit WLDUSDTlong+0.0072%8h0.4556long leg$67.0M$78.7M50x
ApeX Omni WLDUSDT+0.0084%1h0.4590+0.746%$55K$227K50xas long as short
MEXC WLD_USDT+0.0090%8h0.4552−0.088%$53.0M$46.6M300xas long as short
Binance WLDUSDT+0.0094%8h0.4553−0.066%$86.9M$290.5M75xas long as short
Aster WLDUSDT+0.0100%8h0.4560+0.081%$209K$977K50xas long as short
Pacifica WLD+0.0100%1h0.4561+0.110%$53K$473K5xas long as short
Gate WLD_USDT+0.0100%8h0.4552−0.088%$7.4M$34.1M75xas long as short
Bitget WLDUSDT+0.0100%8h0.4558+0.044%$30.2M$25.1M75xas long as short
BingX WLD-USDTshort+0.0100%8h0.4555−0.022%$67.9M
Backpack WLD_USDC_PERP+0.0100%1h0.4569+0.281%$128K$283K10xas long as short
edgeX WLDUSDC+0.0100%4h0.4599+0.946%$27K$315K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4583+0.584%$620K$1.9M10xas long as short
Polymarket Perps WLD-USD+0.0100%1h0.4552−0.086%$56K$1.7M10xas long as short
SunX WLD-USDT+0.0100%8h0.4566+0.219%$23K$1.5M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4560+0.088%$199$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4558+0.044%$856K$1.7M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4560+0.088%$1.9M$3.8M50xas long as short
Extended WLD-USD+0.0104%1h0.4560+0.079%$133K$745K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4562+0.132%$31K$5K3xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4552−0.085%20xas long as short
BloFin WLD-USDT+0.0213%8h0.45560.000%$5.0M$875K75xas long as short
GMX WLD/USD [ETH-USDC]L +0.0222% / S −0.1831%1h0.4554−0.047%$9K100xas long as short
Hyperliquid WLD+0.0276%1h0.4556+0.007%$47.3M$40.4M10xas long as short
Injective WLD/USDC PERP+0.0374%1h0.4622+1.449%$6K$139K5.5xas long as short
Coinbase International WLD-PERP-INTX+0.0400%1h0.4564+0.176%$275K$1.6M50xas long as short
01 Exchange WLDUSD+0.0720%1h0.4561+0.105%$326$775xas long as short
Kraken Futures PF_WLDUSD+0.1092%1h0.4566+0.226%$919K$2.5M50xas long as short
Lighter WLD+0.1112%1h0.4572+0.351%$5.1M$2.0M10xas long as short