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+0.0324%/8h= +35.5% APRpaid last 24h +0.039%
Price spread now: Coinbase International against edgeX+0.203%7-day average +0.096% · you sell dearer than you buy
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$580.581% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.006%−$1 on $10k
Price spread, last 3 days (all we have)−0.049%−$5 · spread now +0.203%, 7d avg +0.096%
Together, before fees−0.054%+ Points / potential airdropedgeX: Active · farm board−$5 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Coinbase International is 0.106% dearer against edgeX than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.096%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.006% in total (about -0.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX WLDUSDC0.45930.0100pay 0.0050% / 4h1h 43m$27K$317K20x
ShortCoinbase International WLD-PERP-INTX0.46020.0424get 0.0053% / 1h43m 05s$275K$1.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against edgeX. 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
$68.04
Price spread: +0.203% → +0.096%
$10.63
Slippage, 4 orders
−$39.05
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$20.61
Costs to cover
0.581%
Break-even
4.9 days
Slippage from edgeX: live order book, 40 min ago; Coinbase International: 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 edgeX live order book, 40 min ago4.40 bp8.9 bp −$919.8 bp −$198doesn't fitdoesn't fit
Sell Coinbase International live order book, 1 min ago7.61 bp19.3 bp −$1926.6 bp −$266doesn'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−0.0410%8h0.4594+0.029%$47K$3.8M1.7xas long as short
Injective WLD/USDC PERP−0.0079%1h0.4522−1.539%$6K$185K5.5xas long as short
Orderly PERP_WLD_USDC−0.0006%8h0.4588−0.102%$28K$914K10xas long as short
dYdX WLD-USD0.0000%1h0.4597+0.084%$157K$6K10xas long as short
Deribit WLD_USDC-PERPETUAL0.0000%1h0.4590−0.059%$107K$906K25xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4590−0.049%$57K150xas long as short
KuCoin WLDUSDTM+0.0004%8h0.4597+0.094%$7.0M$10.7M50xas long as short
Variational Omni WLD+0.0051%8h0.4581−0.253%$2.1M$1.6Mas long as short
Nado WLD-PERP+0.0069%1h0.4590−0.048%$276K$169K5xas long as short
Aster WLDUSDT+0.0100%8h0.4597+0.104%$216K$974K50xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica WLD+0.0100%1h0.4594+0.038%$52K$480K5xas long as short
Binance WLDUSDT+0.0100%8h0.4598+0.110%$86.9M$294.6M75xas long as short
Bybit WLDUSDT+0.0100%8h0.4596+0.072%$65.6M$80.8M50xas long as short
OKX WLD-USDT-SWAP+0.0100%8h0.4597+0.094%$34.5M$140.6M50xas long as short
Gate WLD_USDT+0.0100%8h0.4598+0.116%$7.5M$34.9M75xas long as short
MEXC WLD_USDT+0.0100%8h0.4598+0.116%$49.4M$51.0M300xas long as short
Bitget WLDUSDT+0.0100%8h0.4598+0.116%$30.3M$25.3M75xas long as short
BingX WLD-USDT+0.0100%8h0.4598+0.116%$67.9Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4597+0.098%$128K$269K10xas long as short
edgeX WLDUSDClong+0.0100%4h0.4593long leg$27K$317K20x
GRVT WLD_USDT_Perp+0.0100%8h0.4594+0.029%$626K$1.9M10xas long as short
ApeX Omni WLDUSDT+0.0100%1h0.4597+0.094%$55K$227K50xas long as short
Polymarket Perps WLD-USD+0.0100%1h0.4591−0.028%$47K$1.7M10xas long as short
SunX WLD-USDT+0.0100%8h0.4594+0.029%$23K$1.5M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4594+0.029%$200$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4596+0.072%$867K$1.8M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4594+0.029%$1.8M$3.8M50xas long as short
Extended WLD-USD+0.0104%1h0.4596+0.077%$241K$855K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4592−0.025%$31K$5K3xas long as short
Phoenix WLD+0.0124%1h0.4577−0.346%$5K$53K10xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4589−0.083%20xas long as short
Kraken Futures PF_WLDUSD+0.0185%1h0.4601+0.189%$923K$2.6M50xas long as short
BloFin WLD-USDT+0.0220%8h0.4599+0.137%$4.8M$820K75xas long as short
01 Exchange WLDUSD+0.0256%1h0.4594+0.024%$329$775xas long as short
GMX WLD/USD [ETH-USDC]L +0.0260% / S −0.2221%1h0.4589−0.087%$9K100xas long as short
Coinbase International WLD-PERP-INTXshort+0.0424%1h0.4602+0.203%$275K$1.6M50x
Lighter WLD+0.0904%1h0.4606+0.290%$5.2M$2.1M10xas long as short
Hyperliquid WLD+0.1188%1h0.4607+0.301%$50.2M$43.1M10xas long as short