Settings8H · net · $10k
Funding arb · Price arb /

WLD

all WLD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0173%/8h= +19.0% APRnext payment +$0.22 per $10,000 · paid last 24h −0.014%
Price spread now: Deribit against dYdX+0.239%7-day average +0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$186as in the Funding arb table
Net, price: spread back to 7d avg − costs−$164as in the Price arb table
costs, in and out, $10k−$1871.866% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.008%+$1 on $10k
Price spread, last 3 days (all we have)−0.074%−$7 · spread now +0.239%, 7d avg +0.012%
Together, before fees−0.066%−$7 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Deribit is 0.226% dearer against dYdX than usual: you sell high and buy low: +$23 more if the spread goes back to its 7-day average of +0.012%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX WLD-USD0.47180get 0.0000% / 1h49m 32s$161K$19K10x
ShortDeribit WLD_USDC-PERPETUAL0.47290.0173get 0.0022% / 1h49m 32s$133K$909K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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
$36.37
Price spread: +0.239% → +0.012%
$22.62
Slippage, 4 orders
−$169.61
Fee dYdX: 5 bp × 2 orders
−$10
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$127.61
Costs to cover
1.866%
Break-even
31.6 days
Slippage from dYdX: live order book, 19 min ago; Deribit: live order book, 19 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, 19 min ago77.99 bp83.0 bp −$83101.9 bp −$1,019155.9 bp −$15.6K636.0 bp −$318.0K
Sell Deribit live order book, 19 min ago5.29 bp8.8 bp −$9doesn't fitdoesn'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
ApeX Omni WLDUSDT−0.0236%1h0.4707−0.228%$51K$243K50xas long as short
Injective WLD/USDC PERP−0.0235%1h0.4675−0.906%$6K$185K5.5xas long as short
Kalshi KXWLDPERP−0.0155%8h0.4724+0.133%$30K$4.2M1.7xas long as short
KuCoin WLDUSDTM−0.0035%8h0.4717−0.016%$7.1M$11.4M50xas long as short
Nado WLD-PERP−0.0007%1h0.4724+0.143%$274K$178K5xas long as short
dYdX WLD-USDlong0.0000%1h0.4718long leg$161K$19K10x
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4725+0.154%$67K150xas long as short
Orderly PERP_WLD_USDC+0.0053%8h0.4725+0.154%$29K$899K10xas long as short
Phoenix WLD+0.0068%1h0.4715−0.060%$5K$54K10xas long as short
Aster WLDUSDT+0.0100%8h0.4726+0.175%$183K$1.0M50xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica WLD+0.0100%1h0.4720+0.048%$56K$493K5xas long as short
Binance WLDUSDT+0.0100%8h0.4720+0.050%$90.3M$318.8M75xas long as short
Bybit WLDUSDT+0.0100%8h0.4719+0.027%$67.9M$85.6M50xas long as short
OKX WLD-USDT-SWAP+0.0100%8h0.4720+0.048%$35.7M$153.0M50xas long as short
Gate WLD_USDT+0.0100%8h0.4717−0.016%$7.5M$36.6M75xas long as short
MEXC WLD_USDT+0.0100%8h0.4719+0.027%$48.3M$54.6M300xas long as short
Bitget WLDUSDT+0.0100%8h0.4720+0.048%$31.6M$28.4M75xas long as short
BingX WLD-USDT+0.0100%8h0.4719+0.027%$67.5Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4733+0.319%$141K$285K10xas long as short
Variational Omni WLD+0.0100%8h0.4706−0.254%$2.1M$1.7Mas long as short
edgeX WLDUSDC+0.0100%4h0.4688−0.621%$28K$317K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4708−0.214%$623K$1.9M10xas long as short
Polymarket Perps WLD-USD+0.0100%1h0.4730+0.256%$69K$1.9M10xas long as short
SunX WLD-USDT+0.0100%8h0.4732+0.302%$24K$1.6M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4729+0.239%$225$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4721+0.069%$894K$1.9M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4726+0.175%$1.9M$3.7M50xas long as short
Extended WLD-USD+0.0104%1h0.4716−0.034%$218K$879K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4728+0.207%$32K$6003xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4724+0.128%20xas long as short
Deribit WLD_USDC-PERPETUALshort+0.0173%1h0.4729+0.239%$133K$909K25x
BloFin WLD-USDT+0.0220%8h0.4696−0.461%$5.0M$878K75xas long as short
GMX WLD/USD [ETH-USDC]L +0.0240% / S −0.1538%1h0.4726+0.168%$6K100xas long as short
01 Exchange WLDUSD+0.0336%1h0.4722+0.090%$338$775xas long as short
Coinbase International WLD-PERP-INTX+0.0456%1h0.4728+0.217%$278K$1.7M50xas long as short
Kraken Futures PF_WLDUSD+0.0633%1h0.4732+0.292%$939K$2.8M50xas long as short
Hyperliquid WLD+0.0725%1h0.4736+0.393%$53.0M$44.5M10xas long as short
Lighter WLD+0.0760%1h0.4730+0.262%$5.4M$2.1M10xas long as short