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−0.0320%/8h= −35.0% APRnext payment $0.40 per $10,000 · paid last 24h −0.040%
Price spread now: Extended against Coinbase International−0.271%7-day average −0.116% · you buy dearer than you sell
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$540.541% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.301%+$30 on $10k
Price spread, last 3 days (all we have)+0.116%+$12 · spread now −0.271%, 7d avg −0.116%
Together, before fees+0.417%+ Points / potential airdropExtended: Active · farm board+$42 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Extended is 0.155% cheaper against Coinbase International than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of −0.116%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.301%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International WLD-PERP-INTX0.45800.0424pay 0.0053% / 1h12m 36s$270K$1.6M50x
ShortExtended WLD-USD0.45680.0104get 0.0013% / 1h12m 36s$240K$855K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
−$67.2
Price spread: −0.271% → −0.116%
−$15.5
Slippage, 4 orders
−$39.07
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$136.78
Costs to cover
0.541%
Break-even
never at this rate
Slippage from Coinbase International: live order book, 1 min ago; Extended: 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 Coinbase International live order book, 1 min ago5.47 bp23.4 bp −$2329.8 bp −$298doesn't fitdoesn't fit
Sell Extended live order book, 6 min ago2.18 bp6.0 bp −$614.4 bp −$144doesn'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−0.0299%8h0.4568−0.262%$61K$3.8M1.7xas long as short
Injective WLD/USDC PERP−0.0079%1h0.4578−0.044%$6K$185K5.5xas long as short
dYdX WLD-USD0.0000%1h0.4569−0.232%$163K$13K10xas long as short
Deribit WLD_USDC-PERPETUAL0.0000%1h0.4566−0.306%$107K$900K25xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4565−0.326%$57K150xas long as short
Orderly PERP_WLD_USDC+0.0006%8h0.4564−0.349%$28K$912K10xas long as short
KuCoin WLDUSDTM+0.0007%8h0.4567−0.284%$7.0M$10.8M50xas long as short
Nado WLD-PERP+0.0050%1h0.4563−0.371%$275K$169K5xas long as short
Variational Omni WLD+0.0094%8h0.4568−0.264%$2.1M$1.6Mas long as short
Aster WLDUSDT+0.0100%8h0.4571−0.194%$194K$999K50xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica WLD+0.0100%1h0.4571−0.189%$53K$481K5xas long as short
Binance WLDUSDT+0.0100%8h0.4570−0.218%$86.4M$297.0M75xas long as short
Bybit WLDUSDT+0.0100%8h0.4569−0.240%$65.4M$82.0M50xas long as short
OKX WLD-USDT-SWAP+0.0100%8h0.4570−0.218%$34.2M$141.1M50xas long as short
Gate WLD_USDT+0.0100%8h0.4568−0.262%$7.4M$35.4M75xas long as short
MEXC WLD_USDT+0.0100%8h0.4570−0.218%$49.1M$52.1M300xas long as short
Bitget WLDUSDT+0.0100%8h0.4571−0.197%$30.2M$25.6M75xas long as short
BingX WLD-USDT+0.0100%8h0.4569−0.240%$67.8Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4569−0.242%$129K$269K10xas long as short
edgeX WLDUSDC+0.0100%4h0.4570−0.224%$27K$317K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4569−0.248%$614K$1.9M10xas long as short
ApeX Omni WLDUSDT+0.0100%1h0.4567−0.284%$55K$227K50xas long as short
Polymarket Perps WLD-USD+0.0100%1h0.4566−0.310%$41K$1.6M10xas long as short
SunX WLD-USDT+0.0100%8h0.4570−0.218%$23K$1.5M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4566−0.306%$201$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4564−0.349%$862K$1.8M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4567−0.284%$1.8M$3.7M50xas long as short
Extended WLD-USDshort+0.0104%1h0.4568−0.271%$240K$855K10x
Aevo WLD-PERP+0.0104%1h0.4567−0.284%$31K$5K3xas long as short
Phoenix WLD+0.0124%1h0.4576−0.081%$5K$53K10xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4563−0.374%20xas long as short
Kraken Futures PF_WLDUSD+0.0187%1h0.4570−0.228%$910K$2.6M50xas long as short
BloFin WLD-USDT+0.0220%8h0.4564−0.349%$4.9M$811K75xas long as short
01 Exchange WLDUSD+0.0248%1h0.4573−0.148%$327$775xas long as short
GMX WLD/USD [ETH-USDC]L +0.0260% / S −0.2221%1h0.4565−0.335%$9K100xas long as short
Coinbase International WLD-PERP-INTXlong+0.0424%1h0.4580long leg$270K$1.6M50x
Hyperliquid WLD+0.0699%1h0.4576−0.098%$49.7M$43.2M10xas long as short
Lighter WLD+0.1000%1h0.4581+0.026%$5.2M$2.1M10xas long as short