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+0.0085%/8h= +9.3% APRpaid last 24h +0.001%
Price spread now: Bybit against dYdX+0.013%7-day average −0.052% · you sell dearer than you buy
Net, funding: paid 7d − costs−$273as in the Funding arb table
Net, price: spread back to 7d avg − costs−$274as in the Price arb table
costs, in and out, $10k−$2812.805% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.078%+$8 on $10k
Price spread, last 4 days (all we have)−0.062%−$6 · spread now +0.013%, 7d avg −0.052%
Together, before fees+0.016%+$2 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 Bybit is 0.065% dearer against dYdX than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.052%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX WLD-USD0.45370get 0.0000% / 1h44m 37s$155K$6K10x
ShortBybit WLDUSDT0.45380.0085get 0.0085% / 8h2h 44m$65.5M$79.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
$17.89
Price spread: +0.013% → −0.052%
$6.5
Slippage, 4 orders
−$259.54
Fee dYdX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$256.15
Costs to cover
2.805%
Break-even
107.2 days
Slippage from dYdX: live order book, 44 min ago; Bybit: live order book, 4 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, 44 min ago124.62 bp129.6 bp −$130129.6 bp −$1,296168.8 bp −$16.9K598.2 bp −$299.1K
Sell Bybit live order book, 4 min ago1.10 bp10.3 bp −$1025.4 bp −$254114.3 bp −$11.4Kdoesn'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−0.0542%8h0.4554+0.366%$34K$3.8M1.7xas long as short
Variational Omni WLD−0.0042%8h0.4558+0.443%$2.1M$1.6Mas long as short
Orderly PERP_WLD_USDC−0.0028%8h0.4540+0.057%$28K$918K10xas long as short
dYdX WLD-USDlong0.0000%1h0.4537long leg$155K$6K10x
Deribit WLD_USDC-PERPETUAL0.0000%1h0.4542+0.101%$153K$790K25xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4541+0.071%$56K150xas long as short
KuCoin WLDUSDTM+0.0017%8h0.4535−0.053%$7.0M$10.7M50xas long as short
OKX WLD-USDT-SWAP+0.0048%8h0.4538+0.013%$34.1M$137.1M50xas long as short
Phoenix WLD+0.0052%1h0.4561+0.524%$5K$52K10xas long as short
Nado WLD-PERP+0.0060%1h0.4545+0.156%$271K$168K5xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit WLDUSDTshort+0.0085%8h0.4538+0.013%$65.5M$79.6M50x
MEXC WLD_USDT+0.0099%8h0.4539+0.035%$52.7M$46.8M300xas long as short
Binance WLDUSDT+0.0099%8h0.4538+0.013%$85.9M$291.0M75xas long as short
Aster WLDUSDT+0.0100%8h0.4536−0.026%$208K$975K50xas long as short
Pacifica WLD+0.0100%1h0.4539+0.028%$52K$473K5xas long as short
Gate WLD_USDT+0.0100%8h0.4537−0.009%$7.4M$34.2M75xas long as short
Bitget WLDUSDT+0.0100%8h0.4538+0.013%$30.1M$25.2M75xas long as short
BingX WLD-USDC+0.0100%8h0.4538+0.013%$1.3Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4541+0.079%$128K$278K10xas long as short
edgeX WLDUSDC+0.0100%4h0.4561+0.529%$27K$316K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4563+0.566%$618K$1.9M10xas long as short
ApeX Omni WLDUSDT+0.0100%1h0.4560+0.498%$55K$226K50xas long as short
Polymarket Perps WLD-USD+0.0100%1h0.4544+0.139%$54K$1.7M10xas long as short
SunX WLD-USDT+0.0100%8h0.4545+0.167%$22K$1.5M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4540+0.057%$197$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4539+0.035%$854K$1.8M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4541+0.079%$1.8M$3.8M50xas long as short
Extended WLD-USD+0.0104%1h0.4537−0.020%$132K$745K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4542+0.101%$31K$5K3xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4537−0.001%20xas long as short
Hyperliquid WLD+0.0184%1h0.4539+0.044%$47.1M$40.5M10xas long as short
GMX WLD/USD [ETH-USDC]L +0.0217% / S −0.0307%1h0.4539+0.037%$12K100xas long as short
BloFin WLD-USDT+0.0219%8h0.4540+0.057%$5.0M$831K75xas long as short
Injective WLD/USDC PERP+0.0374%1h0.4622+1.864%$6K$139K5.5xas long as short
Coinbase International WLD-PERP-INTX+0.0400%1h0.4544+0.145%$279K$1.6M50xas long as short
01 Exchange WLDUSD+0.0576%1h0.4543+0.128%$325$775xas long as short
Lighter WLD+0.1040%1h0.4548+0.236%$5.1M$2.0M10xas long as short
Kraken Futures PF_WLDUSD+0.1098%1h0.4544+0.137%$921K$2.6M50xas long as short