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

WLD

all WLD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC−0.0300%/8h= −32.8% APRpaid last 24h −0.043%
Price spread now: Aster against Coinbase International−0.327%7-day average −0.052% · you buy dearer than you sell
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs−$93as in the Price arb table
costs, in and out, $10k−$650.654% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.054%−$5 on $10k
Price spread, last 3 days (all we have)+0.117%+$12 · spread now −0.327%, 7d avg −0.052%
Together, before fees+0.063%+ Points / potential airdropAster: Stage 5 · farm board+$6 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Aster is 0.275% cheaper against Coinbase International than usual: you would sell low and buy high (−$27 if the spread goes back to its 7-day average of −0.052%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.054% in total (about -2.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International WLD-PERP-INTX0.45330.0400pay 0.0050% / 1h12m 44s$278K$1.6M50x
ShortAster WLDUSDT0.45180.0100get 0.0100% / 8h2h 12m$214K$982K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Coinbase International. 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
−$63
Price spread: −0.327% → −0.052%
−$27.5
Slippage, 4 orders
−$47.37
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$155.87
Costs to cover
0.654%
Break-even
never at this rate
Slippage from Coinbase International: live order book, 1 min ago; Aster: live order book, 10 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 Coinbase International live order book, 1 min ago7.74 bp23.6 bp −$2429.7 bp −$297doesn't fitdoesn't fit
Sell Aster live order book, 10 min ago2.20 bp12.5 bp −$1333.1 bp −$331doesn'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−0.0482%8h0.4519−0.309%$45K$3.8M1.7xas long as short
Orderly PERP_WLD_USDC−0.0019%8h0.4516−0.375%$27K$916K10xas long as short
KuCoin WLDUSDTM−0.0002%8h0.4514−0.419%$7.0M$10.7M50xas long as short
dYdX WLD-USD0.0000%1h0.4516−0.383%$154K$6K10xas long as short
Deribit WLD_USDC-PERPETUAL0.0000%1h0.4518−0.331%$122K$911K25xas long as short
Variational Omni WLD+0.0001%8h0.4531−0.038%$2.1M$1.6Mas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4518−0.341%$56K150xas long as short
Nado WLD-PERP+0.0035%1h0.4520−0.292%$270K$168K5xas long as short
Phoenix WLD+0.0052%1h0.4542+0.196%$5K$52K10xas long as short
OKX WLD-USDT-SWAP+0.0080%8h0.4514−0.419%$33.7M$137.3M50xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC WLD_USDT+0.0088%8h0.4515−0.397%$52.3M$48.0M300xas long as short
Binance WLDUSDT+0.0088%8h0.4515−0.394%$84.8M$293.0M75xas long as short
Hyperliquid WLD+0.0100%1h0.4519−0.315%$46.3M$41.2M10xas long as short
Aster WLDUSDTshort+0.0100%8h0.4518−0.327%$214K$982K50x
Pacifica WLD+0.0100%1h0.4516−0.378%$51K$482K5xas long as short
Bybit WLDUSDT+0.0100%8h0.4514−0.419%$64.4M$80.4M50xas long as short
Gate WLD_USDT+0.0100%8h0.4514−0.419%$7.3M$34.8M75xas long as short
Bitget WLDUSDT+0.0100%8h0.4514−0.419%$29.9M$25.1M75xas long as short
BingX WLD-USDT+0.0100%8h0.4515−0.397%$68.0Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4517−0.357%$128K$269K10xas long as short
edgeX WLDUSDC+0.0100%4h0.4531−0.046%$27K$317K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4539+0.132%$609K$1.9M10xas long as short
ApeX Omni WLDUSDT+0.0100%1h0.45330.000%$54K$226K50xas long as short
Polymarket Perps WLD-USD+0.0100%1h0.4517−0.351%$51K$1.7M10xas long as short
SunX WLD-USDT+0.0100%8h0.4522−0.243%$22K$1.5M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4514−0.419%$197$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4516−0.375%$852K$1.8M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4515−0.397%$1.8M$3.7M50xas long as short
Extended WLD-USD+0.0104%1h0.4515−0.395%$132K$745K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4516−0.371%$31K$5K3xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4515−0.390%20xas long as short
BloFin WLD-USDT+0.0209%8h0.4518−0.331%$4.9M$808K75xas long as short
GMX WLD/USD [ETH-USDC]L +0.0216% / S −0.1712%1h0.4516−0.364%$9K100xas long as short
01 Exchange WLDUSD+0.0320%1h0.4524−0.199%$324$775xas long as short
Injective WLD/USDC PERP+0.0374%1h0.4542+0.199%$6K$185K5.5xas long as short
Coinbase International WLD-PERP-INTXlong+0.0400%1h0.4533long leg$278K$1.6M50x
Lighter WLD+0.0960%1h0.4526−0.157%$5.1M$2.1M10xas long as short
Kraken Futures PF_WLDUSD+0.1104%1h0.4518−0.321%$920K$2.6M50xas long as short