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

WLD

all WLD markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.006%
Price spread now: GRVT against dYdX−0.254%50s7-day average −0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$188as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$2062.057% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.181%+$18 on $10k
Price spread, last 3 days (all we have)+0.530%+$53 · spread now −0.254%, 7d avg −0.025%
Together, before fees+0.711%+ Points / potential airdropGRVT: Active · farm board+$71 on $10k · with fees, hour by hour
Funding pays, the price is against you. GRVT is 0.228% cheaper against dYdX than usual: you would sell low and buy high (spread −0.254% now, against its 7-day average of −0.025%). If the spread goes back, that is −$23 on $10k: about 7.6 days of funding at the current rate (+$3 a day). 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-USD0.45220get 0.0000% / 1h2m 16s$154K$6K10x
ShortGRVT WLD_USDT_Perp0.45100.0100get 0.0100% / 8h2h 02m$605K$1.9M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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: −0.254% → −0.025%
−$22.84
Slippage, 4 orders
−$186.74
Fee dYdX: 5 bp × 2 orders
−$10
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$207.58
Costs to cover
2.057%
Break-even
76.2 days
Slippage from dYdX: live order book, 22 min ago; GRVT: live order book, 1 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, 22 min ago79.53 bp87.7 bp −$8890.7 bp −$907111.0 bp −$11.1K170.8 bp −$85.4K
Sell GRVT live order book, 1 min ago1.11 bp13.5 bp −$1332.4 bp −$324doesn'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−0.0489%8h0.4519−0.060%$45K$3.8M1.7xas long as short
Orderly PERP_WLD_USDC−0.0015%8h0.4513−0.193%$27K$916K10xas long as short
KuCoin WLDUSDTM−0.0003%8h0.4512−0.215%$7.0M$10.7M50xas long as short
dYdX WLD-USDlong0.0000%1h0.4522long leg$154K$6K10x
Deribit WLD_USDC-PERPETUAL0.0000%1h0.4513−0.193%$122K$911K25xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4515−0.159%$56K150xas long as short
Variational Omni WLD+0.0018%8h0.4512−0.209%$2.1M$1.7Mas long as short
Nado WLD-PERP+0.0042%1h0.4515−0.160%$271K$169K5xas long as short
Phoenix WLD+0.0052%1h0.4522−0.003%$5K$52K10xas long as short
OKX WLD-USDT-SWAP+0.0094%8h0.4513−0.193%$33.7M$137.6M50xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC WLD_USDT+0.0098%8h0.4513−0.193%$49.3M$48.7M300xas long as short
Hyperliquid WLD+0.0100%1h0.4519−0.067%$46.4M$41.4M10xas long as short
Aster WLDUSDT+0.0100%8h0.4518−0.092%$212K$976K50xas long as short
Pacifica WLD+0.0100%1h0.4521−0.010%$51K$481K5xas long as short
Binance WLDUSDT+0.0100%8h0.4514−0.178%$84.7M$293.1M75xas long as short
Bybit WLDUSDT+0.0100%8h0.4512−0.215%$64.3M$80.5M50xas long as short
Gate WLD_USDT+0.0100%8h0.4514−0.171%$7.3M$34.9M75xas long as short
Bitget WLDUSDT+0.0100%8h0.4510−0.259%$29.9M$25.1M75xas long as short
BingX WLD-USDT+0.0100%8h0.4514−0.171%$68.1Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4524+0.057%$128K$270K10xas long as short
edgeX WLDUSDC+0.0100%4h0.4509−0.280%$27K$315K20xas long as short
GRVT WLD_USDT_Perpshort+0.0100%8h0.4510−0.254%$605K$1.9M10x
ApeX Omni WLDUSDT+0.0100%1h0.4509−0.282%$54K$227K50xas long as short
Polymarket Perps WLD-USD+0.0100%1h0.4518−0.080%$51K$1.7M10xas long as short
SunX WLD-USDT+0.0100%8h0.4518−0.082%$22K$1.5M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4512−0.215%$199$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4516−0.127%$852K$1.8M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4513−0.193%$1.8M$3.7M50xas long as short
Extended WLD-USD+0.0104%1h0.4510−0.259%$132K$745K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4513−0.183%$31K$5K3xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4512−0.209%20xas long as short
BloFin WLD-USDT+0.0219%8h0.4518−0.082%$4.8M$808K75xas long as short
GMX WLD/USD [ETH-USDC]L +0.0240% / S −0.1996%1h0.4514−0.179%$9K100xas long as short
01 Exchange WLDUSD+0.0304%1h0.4522+0.002%$324$775xas long as short
Injective WLD/USDC PERP+0.0374%1h0.4542+0.448%$6K$185K5.5xas long as short
Coinbase International WLD-PERP-INTX+0.0400%1h0.4521−0.016%$277K$1.6M50xas long as short
Lighter WLD+0.0936%1h0.4522−0.003%$5.1M$2.1M10xas long as short
Kraken Futures PF_WLDUSD+0.1105%1h0.4515−0.154%$918K$2.6M50xas long as short