Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.032%

Price spread now: Aster against Deribit+0.035%7-day average −0.037% · you sell dearer than you buy

Net, funding: paid 7d − costs−$30as in the Funding arb table

Net, price: spread back to 7d avg − costs−$36as in the Price arb table

costs, in and out, $10k−$430.428% of the position

Long on Deribit Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days+0.129%+$13 on $10k

Price spread, last 3 days (all we have)−0.296%−$30 · spread now +0.035%, 7d avg −0.037%

Together, before fees−0.166%+ Points / potential airdropAster: Stage 5 · farm board−$17 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Aster is 0.071% dearer against Deribit than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.037%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit WLD_USDC-PERPETUAL	0.4579	0	get 0.0000% / 1h	34m 00s	$111K	$883K	25x
Short	Aster WLDUSDT	0.4581	0.0100	get 0.0100% / 8h	34m 00s	$189K	$1.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Deribit. 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 DeribitbpFee AsterbpOrdersPrice spread, now +0.035%Rate

Funding earned: $21
Price spread: +0.035% → −0.037%: $7.13
Slippage, 4 orders: −$27.83
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Aster: 4 bp × 2 orders: −$8
Net: −$14.7
Costs to cover: 0.428%
Break-even: 11.9 days

Slippage from Deribit: live order book, 45 min ago; Aster: live order book, 4 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 Deribit live order book, 45 min ago	4.37 bp	7.9 bp −$8	16.8 bp −$168	doesn't fit	doesn't fit
Sell Aster live order book, 4 min ago	5.45 bp	12.9 bp −$13	29.7 bp −$297	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
Kalshi KXWLDPERP	−0.0214%	8h	0.4580	+0.022%	$63K	$3.9M	1.7x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4583	+0.085%	$164K	$13K	10x	as long as short
Deribit WLD_USDC-PERPETUALlong	0.0000%	1h	0.4579	long leg	$111K	$883K	25x
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4580	+0.019%	$57K	—	150x	as long as short
KuCoin WLDUSDTM	+0.0017%	8h	0.4576	−0.066%	$6.9M	$10.9M	50x	as long as short
Orderly PERP_WLD_USDC	+0.0026%	8h	0.4578	−0.022%	$28K	$909K	10x	as long as short
Nado WLD-PERP	+0.0059%	1h	0.4580	+0.022%	$276K	$169K	5x	as long as short
Aster WLDUSDTshort	+0.0100%	8h	0.4581	+0.035%	$189K	$1.0M	50x
Pacifica WLD	+0.0100%	1h	0.4583	+0.092%	$53K	$483K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4581	+0.038%	$86.5M	$301.3M	75x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit WLDUSDT	+0.0100%	8h	0.4578	−0.022%	$65.5M	$82.7M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4577	−0.044%	$34.1M	$142.7M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4580	+0.022%	$7.4M	$35.6M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4579	0.000%	$45.9M	$52.6M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4577	−0.044%	$30.2M	$25.8M	75x	as long as short
BingX WLD-USDT	+0.0100%	8h	0.4579	0.000%	—	$67.1M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4580	+0.026%	$129K	$272K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4579	−0.001%	$2.1M	$1.6M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4583	+0.087%	$27K	$316K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4584	+0.103%	$618K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4583	+0.087%	$55K	$228K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4580	+0.024%	$45K	$1.6M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4586	+0.153%	$23K	$1.5M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4578	−0.022%	$213	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4575	−0.087%	$852K	$1.8M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4579	0.000%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4576	−0.061%	$234K	$845K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4580	+0.019%	$31K	$5K	3x	as long as short
Phoenix WLD	+0.0104%	1h	0.4590	+0.240%	$5K	$53K	10x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4577	−0.044%	—	—	20x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4577	−0.044%	$4.9M	$823K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0229% / S −0.1268%	1h	0.4579	−0.003%	$5K	—	100x	as long as short
01 Exchange WLDUSD	+0.0280%	1h	0.4583	+0.083%	$328	$77	5x	as long as short
Injective WLD/USDC PERP	+0.0373%	1h	0.4592	+0.284%	$6K	$185K	5.5x	as long as short
Coinbase International WLD-PERP-INTX	+0.0440%	1h	0.4585	+0.131%	$271K	$1.6M	50x	as long as short
Hyperliquid WLD	+0.0537%	1h	0.4585	+0.120%	$49.7M	$43.0M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.0718%	1h	0.4581	+0.052%	$905K	$2.7M	50x	as long as short
Lighter WLD	+0.1488%	1h	0.4590	+0.240%	$5.2M	$2.0M	10x	as long as short