Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.014%

Price spread now: Gate against Bybit0.000%7-day average +0.013% · you sell dearer than you buy

Net, funding: paid 7d − costs−$55as in the Funding arb table

Net, price: spread back to 7d avg − costs−$54as in the Price arb table

costs, in and out, $10k−$520.524% of the position

Long on Bybit Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.023%−$2 on $10k

Price spread, last 7 days+0.004%$0 · spread now 0.000%, 7d avg +0.013%

Together, before fees−0.018%−$2 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit WLDUSDT	0.4560	0.0100	pay 0.0100% / 8h	4h 04m	$64.9M	$89.5M	50x
Short	Gate WLD_USDT	0.4560	0.0100	get 0.0100% / 8h	4h 04m	$7.2M	$37.0M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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

Position, each leg$Hold fordaysFee BybitbpFee GatebpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → +0.013%: −$1.25
Slippage, 4 orders: −$26.36
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$53.61
Costs to cover: 0.524%
Break-even: never at this rate

Slippage from Bybit: live order book, 5 min ago; Gate: live order book, 5 min ago.

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 Bybit live order book, 5 min ago	1.09 bp	9.1 bp −$9	20.1 bp −$201	127.5 bp −$12.7K	doesn't fit
Sell Gate live order book, 5 min ago	1.10 bp	18.7 bp −$19	40.0 bp −$400	58.6 bp −$5,856	doesn't fit

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	−0.0046%	1h	0.4555	−0.121%	$241K	$205K	5x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4552	−0.183%	$155K	$33K	10x	as long as short
Kalshi KXWLDPERP	0.0000%	8h	0.4556	−0.088%	$53K	$4.6M	1.7x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4560	0.000%	$66K	—	150x	as long as short
KuCoin WLDUSDTM	+0.0004%	8h	0.4555	−0.110%	$6.9M	$11.7M	50x	as long as short
Injective WLD/USDC PERP	+0.0014%	1h	0.4583	+0.504%	$6K	$185K	5.5x	as long as short
Lighter WLD	+0.0096%	1h	0.4570	+0.211%	$4.9M	$2.4M	10x	as long as short
Orderly PERP_WLD_USDC	+0.0098%	8h	0.4561	+0.022%	$28K	$885K	10x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4555	−0.112%	$46K	$2.2M	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4558	−0.049%	$211K	$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	0.4553	−0.154%	$49K	$527K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4560	0.000%	$86.5M	$328.8M	75x	as long as short
Bybit WLDUSDTlong	+0.0100%	8h	0.4560	long leg	$64.9M	$89.5M	50x
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4559	−0.022%	$34.2M	$149.7M	50x	as long as short
Gate WLD_USDTshort	+0.0100%	8h	0.4560	0.000%	$7.2M	$37.0M	75x
MEXC WLD_USDT	+0.0100%	8h	0.4560	0.000%	$43.3M	$54.6M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4560	0.000%	$30.1M	$30.2M	75x	as long as short
BingX WLD-USDT	+0.0100%	8h	0.4560	0.000%	—	$67.5M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4552	−0.169%	$136K	$299K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4556	−0.094%	$2.1M	$1.7M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4562	+0.036%	$27K	$319K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4561	+0.022%	$603K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4563	+0.066%	$43K	$238K	50x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4560	0.000%	$22K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4563	+0.066%	$172	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4554	−0.132%	$832K	$1.8M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4568	+0.175%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4558	−0.050%	$218K	$981K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4562	+0.044%	$31K	$600	3x	as long as short
01 Exchange WLDUSD	+0.0128%	1h	0.4555	−0.103%	$326	$80	5x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4557	−0.060%	—	—	20x	as long as short
Phoenix WLD	+0.0158%	1h	0.4568	+0.173%	$5K	$52K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	+0.0189%	1h	0.4562	+0.044%	$124K	$963K	25x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4550	−0.219%	$4.9M	$827K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0229% / S −0.1268%	1h	0.4561	+0.016%	$5K	—	100x	as long as short
Hyperliquid WLD	+0.0333%	1h	0.4565	+0.103%	$50.1M	$43.3M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.0481%	1h	0.4566	+0.124%	$881K	$2.8M	50x	as long as short
Coinbase International WLD-PERP-INTX	+0.0496%	1h	0.4561	+0.022%	$267K	$1.6M	50x	as long as short