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

WLD

all WLD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0056%/8h= −6.1% APRpaid last 24h −0.017%
Price spread now: Nado against Bybit−0.164%7-day average +0.009% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$85as in the Price arb table
costs, in and out, $10k−$680.678% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.104%−$10 on $10k
Price spread, last 3 days (all we have)+0.345%+$34 · spread now −0.164%, 7d avg +0.009%
Together, before fees+0.241%+ Points / potential airdropNado: Active · farm board+$24 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Nado is 0.173% cheaper against Bybit than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of +0.009%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit WLDUSDT0.45610.0100pay 0.0100% / 8h2h 31m$65.2M$80.1M50x
ShortNado WLD-PERP0.45530.0044get 0.0006% / 1h31m 03s$272K$168K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado 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
−$11.73
Price spread: −0.164% → +0.009%
−$17.3
Slippage, 4 orders
−$49.76
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$96.79
Costs to cover
0.678%
Break-even
never at this rate
Slippage from Bybit: live order book, 3 min ago; Nado: live order book, 56 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, 3 min ago1.10 bp7.9 bp −$818.8 bp −$188120.4 bp −$12.0Kdoesn't fit
Sell Nado live order book, 56 min ago14.47 bp18.7 bp −$1952.2 bp −$522doesn't fitdoesn't fit

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−0.0504%8h0.4555−0.132%$44K$3.8M1.7xas long as short
Variational Omni WLD−0.0030%8h0.4535−0.563%$2.1M$1.6Mas long as short
Orderly PERP_WLD_USDC−0.0024%8h0.4555−0.132%$28K$917K10xas long as short
dYdX WLD-USD0.0000%1h0.4551−0.213%$155K$6K10xas long as short
Deribit WLD_USDC-PERPETUAL0.0000%1h0.4557−0.088%$128K$901K25xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4556−0.099%$57K150xas long as short
KuCoin WLDUSDTM+0.0018%8h0.4552−0.197%$7.0M$10.7M50xas long as short
Nado WLD-PERPshort+0.0044%1h0.4553−0.164%$272K$168K5x
Phoenix WLD+0.0052%1h0.4552−0.204%$5K$52K10xas long as short
OKX WLD-USDT-SWAP+0.0064%8h0.45610.000%$34.0M$138.3M50xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid WLD+0.0100%1h0.4559−0.053%$47.2M$40.7M10xas long as short
Aster WLDUSDT+0.0100%8h0.4557−0.077%$215K$981K50xas long as short
Pacifica WLD+0.0100%1h0.4551−0.227%$51K$482K5xas long as short
Binance WLDUSDT+0.0100%8h0.4562+0.022%$85.9M$292.1M75xas long as short
Bybit WLDUSDTlong+0.0100%8h0.4561long leg$65.2M$80.1M50x
Gate WLD_USDT+0.0100%8h0.4555−0.132%$7.5M$34.5M75xas long as short
MEXC WLD_USDT+0.0100%8h0.4563+0.044%$53.1M$47.1M300xas long as short
Bitget WLDUSDT+0.0100%8h0.45610.000%$30.2M$25.2M75xas long as short
BingX WLD-USDT+0.0100%8h0.4555−0.132%$67.9Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4555−0.134%$129K$275K10xas long as short
edgeX WLDUSDC+0.0100%4h0.4552−0.198%$27K$316K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4547−0.303%$614K$1.9M10xas long as short
ApeX Omni WLDUSDT+0.0100%1h0.4553−0.175%$55K$226K50xas long as short
Polymarket Perps WLD-USD+0.0100%1h0.4555−0.129%$54K$1.7M10xas long as short
SunX WLD-USDT+0.0100%8h0.45610.000%$22K$1.5M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4554−0.153%$198$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4554−0.153%$859K$1.8M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4555−0.132%$1.8M$3.8M50xas long as short
Extended WLD-USD+0.0104%1h0.4559−0.033%$133K$745K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4557−0.088%$31K$5K3xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4555−0.136%20xas long as short
GMX WLD/USD [ETH-USDC]L +0.0217% / S −0.0307%1h0.4556−0.107%$12K100xas long as short
BloFin WLD-USDT+0.0220%8h0.4556−0.110%$4.9M$804K75xas long as short
Injective WLD/USDC PERP+0.0374%1h0.4622+1.337%$6K$139K5.5xas long as short
Coinbase International WLD-PERP-INTX+0.0400%1h0.4555−0.132%$279K$1.6M50xas long as short
01 Exchange WLDUSD+0.0432%1h0.4558−0.064%$326$775xas long as short
Lighter WLD+0.1032%1h0.4565+0.096%$5.1M$2.0M10xas long as short
Kraken Futures PF_WLDUSD+0.1095%1h0.4557−0.092%$923K$2.6M50xas long as short