Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.018%

Price spread now: Aster against dYdX−0.012%7-day average −0.017% · you buy dearer than you sell

Net, funding: paid 7d − costs−$229as in the Funding arb table

Net, price: spread back to 7d avg − costs−$242as in the Price arb table

costs, in and out, $10k−$2432.426% of the position

Long on dYdX Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days+0.137%+$14 on $10k

Price spread, last 4 days (all we have)+0.054%+$5 · spread now −0.012%, 7d avg −0.017%

Together, before fees+0.191%+ Points / potential airdropAster: Stage 5 · farm board+$19 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.017%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX WLD-USD	0.4496	0	get 0.0000% / 1h	41m 28s	$153K	$33K	10x
Short	Aster WLDUSDT	0.4495	0.0100	get 0.0100% / 8h	2h 41m	$224K	$1.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster 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

Position, each leg$Hold fordaysFee dYdXbpFee AsterbpOrdersPrice spread, now −0.012%Rate

Funding earned: $21
Price spread: −0.012% → −0.017%: $0.49
Slippage, 4 orders: −$224.62
Fee dYdX: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$221.13
Costs to cover: 2.426%
Break-even: 80.7 days

Slippage from dYdX: live order book, 7 min ago; Aster: live order book, 2 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 dYdX live order book, 7 min ago	102.77 bp	107.8 bp −$108	121.0 bp −$1,210	162.0 bp −$16.2K	297.6 bp −$148.8K
Sell Aster live order book, 2 min ago	3.33 bp	11.4 bp −$11	40.3 bp −$403	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
Nado WLD-PERP	−0.0049%	1h	0.4488	−0.176%	$241K	$208K	5x	as long as short
dYdX WLD-USDlong	0.0000%	1h	0.4496	long leg	$153K	$33K	10x
Kalshi KXWLDPERP	0.0000%	8h	0.4498	+0.046%	$73K	$4.8M	1.7x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4500	+0.091%	$144K	$1.0M	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4489	−0.158%	$65K	—	150x	as long as short
KuCoin WLDUSDTM	+0.0045%	8h	0.4486	−0.221%	$6.7M	$11.9M	50x	as long as short
Polymarket Perps WLD-USD	+0.0053%	1h	0.4487	−0.192%	$45K	$2.4M	10x	as long as short
01 Exchange WLDUSD	+0.0064%	1h	0.4494	−0.047%	$321	$55	5x	as long as short
Orderly PERP_WLD_USDC	+0.0098%	8h	0.4498	+0.046%	$28K	$838K	10x	as long as short
Aster WLDUSDTshort	+0.0100%	8h	0.4495	−0.012%	$224K	$1.1M	50x

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica WLD	+0.0100%	1h	0.4495	−0.026%	$50K	$541K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4491	−0.106%	$85.2M	$337.9M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4489	−0.154%	$63.9M	$91.8M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4488	−0.176%	$33.9M	$152.6M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4492	−0.087%	$7.2M	$36.9M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4489	−0.154%	$38.5M	$55.6M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4489	−0.154%	$29.6M	$31.0M	75x	as long as short
BingX WLD-USDC	+0.0100%	8h	0.4490	−0.132%	—	$1.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4502	+0.126%	$134K	$307K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4501	+0.107%	$2.0M	$1.7M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4497	+0.028%	$27K	$319K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4505	+0.199%	$602K	$2.0M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4498	+0.046%	$48K	$240K	50x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4505	+0.202%	$22K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4501	+0.113%	$209	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4492	−0.087%	$822K	$1.8M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4501	+0.113%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4486	−0.213%	$220K	$999K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4499	+0.059%	$31K	$600	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4489	−0.158%	—	—	20x	as long as short
Phoenix WLD	+0.0142%	1h	0.4506	+0.213%	$5K	$52K	10x	as long as short
Lighter WLD	+0.0152%	1h	0.4501	+0.118%	$4.9M	$2.9M	10x	as long as short
Injective WLD/USDC PERP	+0.0176%	1h	0.4519	+0.513%	$6K	$185K	5.5x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0219% / S −0.0967%	1h	0.4489	−0.150%	$4K	—	100x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4498	+0.046%	$3.8M	$925K	75x	as long as short
Hyperliquid WLD	+0.0313%	1h	0.4496	+0.004%	$48.8M	$44.1M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.0503%	1h	0.4505	+0.205%	$859K	$2.9M	50x	as long as short
Coinbase International WLD-PERP-INTX	+0.0536%	1h	0.4504	+0.180%	$275K	$1.7M	50x	as long as short