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 +0.047%
Price spread now: BloFin against Bybit−0.110%82s7-day average +0.039% · you buy dearer than you sell
Net, funding: paid 7d − costs−$21as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$450.454% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.249%+$25 on $10k
Price spread, last 4 days (all we have)+0.539%+$54 · spread now −0.110%, 7d avg +0.039%
Together, before fees+0.788%+$79 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.148% cheaper against Bybit than usual: you would sell low and buy high (spread −0.110% now, against its 7-day average of +0.039%). If the spread goes back, that is −$15 on $10k: about 4.1 days of funding at the current rate (+$4 a day). The two prices were read 82 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit WLDUSDT0.45620.0100pay 0.0100% / 8h4h 47m$65.0M$88.8M50x
ShortBloFin WLD-USDT0.45570.0220get 0.0220% / 8h4h 47m$4.9M$845K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$25.2
Price spread: −0.110% → +0.039%
−$14.83
Slippage, 4 orders
−$22.37
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$35
Costs to cover
0.454%
Break-even
16.7 days
Slippage from Bybit: live order book, 1 min ago; BloFin: 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 Bybit live order book, 1 min ago1.10 bp10.7 bp −$1121.3 bp −$213124.3 bp −$12.4Kdoesn't fit
Sell BloFin live order book, 6 min ago5.45 bp11.5 bp −$1117.7 bp −$17745.5 bp −$4,548113.8 bp −$56.9K

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−0.0107%8h0.4570+0.175%$62K$4.6M1.7xas long as short
Nado WLD-PERP−0.0080%1h0.4564+0.055%$242K$205K5xas long as short
KuCoin WLDUSDTM−0.0037%8h0.45620.000%$6.9M$11.7M50xas long as short
dYdX WLD-USD0.0000%1h0.4559−0.062%$155K$33K10xas long as short
Deribit WLD_USDC-PERPETUAL0.0000%1h0.4560−0.044%$115K$923K25xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4563+0.019%$66K150xas long as short
01 Exchange WLDUSD+0.0008%1h0.4565+0.066%$327$805xas long as short
Injective WLD/USDC PERP+0.0014%1h0.4558−0.088%$6K$185K5.5xas long as short
Orderly PERP_WLD_USDC+0.0082%8h0.4560−0.044%$28K$888K10xas long as short
Lighter WLD+0.0096%1h0.4565+0.064%$4.9M$2.4M10xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster WLDUSDT+0.0100%8h0.4564+0.044%$189K$1.1M50xas long as short
Pacifica WLD+0.0100%1h0.4561−0.025%$49K$528K5xas long as short
Binance WLDUSDT+0.0100%8h0.4564+0.038%$86.6M$327.5M75xas long as short
Bybit WLDUSDTlong+0.0100%8h0.4562long leg$65.0M$88.8M50x
OKX WLD-USDT-SWAP+0.0100%8h0.4567+0.110%$34.2M$148.7M50xas long as short
Gate WLD_USDT+0.0100%8h0.4563+0.022%$7.2M$36.7M75xas long as short
MEXC WLD_USDT+0.0100%8h0.4565+0.066%$44.5M$53.8M300xas long as short
Bitget WLDUSDT+0.0100%8h0.4565+0.066%$30.2M$30.1M75xas long as short
BingX WLD-USDT+0.0100%8h0.4564+0.044%$67.3Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4563+0.028%$135K$299K10xas long as short
Variational Omni WLD+0.0100%8h0.4575+0.278%$2.1M$1.7Mas long as short
edgeX WLDUSDC+0.0100%4h0.4588+0.578%$27K$319K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4586+0.527%$603K$1.9M10xas long as short
ApeX Omni WLDUSDT+0.0100%1h0.4579+0.373%$43K$239K50xas long as short
Polymarket Perps WLD-USD+0.0100%1h0.4563+0.033%$41K$2.1M10xas long as short
SunX WLD-USDT+0.0100%8h0.4566+0.088%$22K$1.6M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4559−0.066%$175$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4551−0.241%$833K$1.9M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4560−0.044%$1.8M$3.7M50xas long as short
Extended WLD-USD+0.0104%1h0.4564+0.050%$227K$974K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4544−0.391%$31K$6003xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4559−0.061%20xas long as short
Phoenix WLD+0.0158%1h0.4594+0.695%$5K$52K10xas long as short
Hyperliquid WLD+0.0166%1h0.4568+0.123%$50.1M$43.2M10xas long as short
BloFin WLD-USDTshort+0.0220%8h0.4557−0.110%$4.9M$845K75x
GMX WLD/USD [ETH-USDC]L +0.0229% / S −0.1268%1h0.4562+0.006%$5K100xas long as short
Kraken Futures PF_WLDUSD+0.0481%1h0.4562−0.002%$882K$2.8M50xas long as short
Coinbase International WLD-PERP-INTX+0.0496%1h0.4571+0.197%$268K$1.7M50xas long as short