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 +0.025%

Price spread now: HTX against Bybit−0.177%7-day average −0.138% · you buy dearer than you sell

Net, funding: paid 7d − costs−$147as in the Funding arb table

Net, price: spread back to 7d avg − costs−$156as in the Price arb table

costs, in and out, $10k−$1521.522% of the position

Long on Bybit Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.054%+$5 on $10k

Price spread, last 4 days (all we have)+0.008%+$1 · spread now −0.177%, 7d avg −0.138%

Together, before fees+0.062%+$6 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.039% cheaper against Bybit than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.138%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit WLDUSDT	0.4519	0.0100	pay 0.0100% / 8h	1h 33m	$64.6M	$91.6M	50x
Short	HTX WLD-USDT	0.4511	0.0100	get 0.0100% / 8h	1h 33m	$825K	$1.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now −0.177%Rate

Funding earned: $0
Price spread: −0.177% → −0.138%: −$3.95
Slippage, 4 orders: −$129.22
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee HTX: 6 bp × 2 orders: −$12
Net: −$156.17
Costs to cover: 1.522%
Break-even: never at this rate

Slippage from Bybit: live order book, 5 min ago; HTX: live order book, just now.

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	1.11 bp	8.5 bp −$8	15.1 bp −$151	123.2 bp −$12.3K	doesn't fit
Sell HTX live order book, just now	11.07 bp	61.4 bp −$61	doesn't fit	doesn't fit	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
dYdX WLD-USD	0.0000%	1h	0.4513	−0.129%	$154K	$33K	10x	as long as short
Kalshi KXWLDPERP	0.0000%	8h	0.4507	−0.266%	$55K	$4.8M	1.7x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4505	−0.310%	$150K	$996K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4505	−0.310%	$65K	—	150x	as long as short
Nado WLD-PERP	+0.0020%	1h	0.4521	+0.044%	$238K	$170K	5x	as long as short
KuCoin WLDUSDTM	+0.0082%	8h	0.4508	−0.243%	$6.7M	$11.9M	50x	as long as short
Orderly PERP_WLD_USDC	+0.0099%	8h	0.4505	−0.310%	$27K	$786K	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4520	+0.023%	$226K	$1.1M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4516	−0.068%	$50K	$541K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4520	+0.022%	$86.2M	$340.0M	75x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit WLDUSDTlong	+0.0100%	8h	0.4519	long leg	$64.6M	$91.6M	50x
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4519	0.000%	$34.2M	$153.6M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4513	−0.133%	$7.1M	$36.3M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4520	+0.022%	$40.4M	$57.1M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4519	0.000%	$29.8M	$31.2M	75x	as long as short
BingX WLD-USDT	+0.0100%	8h	0.4520	+0.022%	—	$70.0M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4509	−0.212%	$134K	$300K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4514	−0.117%	$2.0M	$1.6M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4520	+0.032%	$27K	$320K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4521	+0.047%	$596K	$2.0M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4522	+0.066%	$48K	$239K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4518	−0.018%	$48K	$2.6M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4511	−0.177%	$22K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4505	−0.310%	$212	$5K	10x	as long as short
HTX WLD-USDTshort	+0.0100%	8h	0.4511	−0.177%	$825K	$1.7M	50x
Phemex WLDUSDT	+0.0100%	8h	0.4507	−0.266%	$1.8M	$3.6M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4519	−0.002%	$208K	$1.0M	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4506	−0.279%	$31K	$500	3x	as long as short
Lighter WLD	+0.0128%	1h	0.4521	+0.055%	$4.9M	$2.9M	10x	as long as short
Injective WLD/USDC PERP	+0.0132%	1h	0.4581	+1.372%	$6K	$185K	5.5x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4518	−0.016%	—	—	20x	as long as short
01 Exchange WLDUSD	+0.0144%	1h	0.4523	+0.097%	$324	$55	5x	as long as short
Phoenix WLD	+0.0158%	1h	0.4526	+0.157%	$5K	$44K	10x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0219% / S −0.0967%	1h	0.4510	−0.205%	$4K	—	100x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4506	−0.288%	$4.8M	$926K	75x	as long as short
Coinbase International WLD-PERP-INTX	+0.0488%	1h	0.4509	−0.221%	$272K	$1.6M	50x	as long as short
Hyperliquid WLD	+0.0598%	1h	0.4526	+0.166%	$49.6M	$44.2M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.1050%	1h	0.4507	−0.265%	$865K	$2.9M	50x	as long as short