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+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.026%
Price spread now: ApeX Omni against dYdX+0.179%50s7-day average +0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$271as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$2912.909% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.199%+$20 on $10k
Price spread, last 3 days (all we have)+0.145%+$15 · spread now +0.179%, 7d avg +0.035%
Together, before fees+0.344%+$34 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 ApeX Omni is 0.144% dearer against dYdX than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of +0.035%. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX WLD-USD0.45640get 0.0000% / 1h24m 24s$156K$6K10x
ShortApeX Omni WLDUSDT0.45720.0100get 0.0013% / 1h24m 24s$55K$227K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against dYdX. 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
$21
Price spread: +0.179% → +0.035%
$14.44
Slippage, 4 orders
−$270.9
Fee dYdX: 5 bp × 2 orders
−$10
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$255.46
Costs to cover
2.909%
Break-even
92.2 days
Slippage from dYdX: live order book, 64 min ago; ApeX Omni: live order book, 61 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 dYdX live order book, 64 min ago124.62 bp129.6 bp −$130129.6 bp −$1,296168.8 bp −$16.9K598.2 bp −$299.1K
Sell ApeX Omni live order book, 61 min ago7.62 bp15.4 bp −$15109.0 bp −$1,090doesn'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−0.0446%8h0.4565+0.026%$44K$3.8M1.7xas long as short
Orderly PERP_WLD_USDC−0.0023%8h0.4559−0.106%$28K$917K10xas long as short
Variational Omni WLD−0.0017%8h0.4577+0.296%$2.1M$1.6Mas long as short
dYdX WLD-USDlong0.0000%1h0.4564long leg$156K$6K10x
Deribit WLD_USDC-PERPETUAL0.0000%1h0.4561−0.062%$128K$903K25xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4561−0.051%$57K150xas long as short
KuCoin WLDUSDTM+0.0009%8h0.4558−0.127%$7.0M$10.7M50xas long as short
Nado WLD-PERP+0.0036%1h0.4557−0.138%$272K$168K5xas long as short
Phoenix WLD+0.0052%1h0.4571+0.166%$5K$52K10xas long as short
OKX WLD-USDT-SWAP+0.0070%8h0.4560−0.084%$34.1M$138.6M50xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid WLD+0.0100%1h0.4563−0.024%$47.2M$40.7M10xas long as short
Aster WLDUSDT+0.0100%8h0.4564−0.004%$216K$981K50xas long as short
Pacifica WLD+0.0100%1h0.4561−0.062%$51K$483K5xas long as short
Binance WLDUSDT+0.0100%8h0.4560−0.084%$85.7M$292.4M75xas long as short
Bybit WLDUSDT+0.0100%8h0.4559−0.106%$65.2M$80.2M50xas long as short
Gate WLD_USDT+0.0100%8h0.4560−0.084%$7.5M$34.6M75xas long as short
MEXC WLD_USDT+0.0100%8h0.4557−0.149%$54.0M$47.3M300xas long as short
Bitget WLDUSDT+0.0100%8h0.4558−0.127%$30.2M$25.2M75xas long as short
BingX WLD-USDC+0.0100%8h0.4559−0.106%$1.3Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4561−0.062%$129K$272K10xas long as short
edgeX WLDUSDC+0.0100%4h0.4569+0.120%$27K$314K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4575+0.244%$613K$1.9M10xas long as short
ApeX Omni WLDUSDTshort+0.0100%1h0.4572+0.179%$55K$227K50x
Polymarket Perps WLD-USD+0.0100%1h0.4557−0.147%$54K$1.7M10xas long as short
SunX WLD-USDT+0.0100%8h0.4564+0.004%$23K$1.5M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4560−0.084%$197$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4568+0.092%$862K$1.8M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4560−0.084%$1.8M$3.8M50xas long as short
Extended WLD-USD+0.0104%1h0.4559−0.105%$134K$745K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4568+0.092%$31K$5K3xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4557−0.151%20xas long as short
GMX WLD/USD [ETH-USDC]L +0.0217% / S −0.0307%1h0.4561−0.071%$12K100xas long as short
BloFin WLD-USDT+0.0220%8h0.4560−0.084%$4.9M$810K75xas long as short
Injective WLD/USDC PERP+0.0374%1h0.4622+1.275%$6K$139K5.5xas long as short
01 Exchange WLDUSD+0.0392%1h0.4562−0.031%$326$775xas long as short
Coinbase International WLD-PERP-INTX+0.0400%1h0.4578+0.311%$280K$1.6M50xas long as short
Lighter WLD+0.1008%1h0.4569+0.107%$5.1M$2.0M10xas long as short
Kraken Futures PF_WLDUSD+0.1093%1h0.4564+0.003%$924K$2.6M50xas long as short