Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.040%

Price spread now: Deribit against edgeX+0.138%7-day average +0.076% · you sell dearer than you buy

Net, funding: paid 7d − costs−$53as in the Funding arb table

Net, price: spread back to 7d avg − costs−$27as in the Price arb table

costs, in and out, $10k−$330.334% of the position

Long on edgeX Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.194%−$19 on $10k

Price spread, last 3 days (all we have)+0.213%+$21 · spread now +0.138%, 7d avg +0.076%

Together, before fees+0.019%+ Points / potential airdropedgeX: Active · farm board+$2 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Deribit is 0.062% dearer against edgeX than usual: you sell high and buy low (spread +0.138% now, against its 7-day average of +0.076%): +$6 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.1 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX WLDUSDC	0.4574	0.0100	pay 0.0050% / 4h	3m 10s	$27K	$317K	20x
Short	Deribit WLD_USDC-PERPETUAL	0.4580	0	get 0.0000% / 1h	3m 10s	$122K	$897K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit 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

Position, each leg$Hold fordaysFee edgeXbpFee DeribitbpOrdersPrice spread, now +0.138%Rate

Funding earned: −$21
Price spread: +0.138% → +0.076%: $6.23
Slippage, 4 orders: −$17.45
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$48.22
Costs to cover: 0.334%
Break-even: never at this rate

Slippage from edgeX: live order book, 10 min ago; Deribit: live order book, 11 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 edgeX live order book, 10 min ago	4.37 bp	8.9 bp −$9	16.2 bp −$162	doesn't fit	doesn't fit
Sell Deribit live order book, 11 min ago	4.36 bp	7.9 bp −$8	doesn't fit	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
Kalshi KXWLDPERP	−0.0185%	8h	0.4579	+0.117%	$70K	$3.9M	1.7x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4579	+0.123%	$163K	$13K	10x	as long as short
Deribit WLD_USDC-PERPETUALshort	0.0000%	1h	0.4580	+0.138%	$122K	$897K	25x
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4580	+0.143%	$56K	—	150x	as long as short
KuCoin WLDUSDTM	+0.0004%	8h	0.4577	+0.073%	$7.0M	$11.0M	50x	as long as short
Orderly PERP_WLD_USDC	+0.0038%	8h	0.4579	+0.117%	$28K	$906K	10x	as long as short
Nado WLD-PERP	+0.0040%	1h	0.4580	+0.138%	$276K	$169K	5x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4581	+0.153%	$192K	$1.0M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4581	+0.160%	$54K	$487K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4579	+0.117%	$86.6M	$303.7M	75x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit WLDUSDT	+0.0100%	8h	0.4579	+0.117%	$65.9M	$82.8M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4578	+0.095%	$34.3M	$143.5M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4578	+0.095%	$7.5M	$36.0M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4579	+0.117%	$45.8M	$53.4M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4580	+0.138%	$30.3M	$26.1M	75x	as long as short
BingX WLD-USDT	+0.0100%	8h	0.4579	+0.117%	—	$67.1M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4581	+0.156%	$136K	$283K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4567	−0.148%	$2.0M	$1.7M	—	as long as short
edgeX WLDUSDClong	+0.0100%	4h	0.4574	long leg	$27K	$317K	20x
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4581	+0.162%	$608K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4574	+0.007%	$55K	$229K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4582	+0.173%	$48K	$1.6M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4585	+0.248%	$23K	$1.5M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4579	+0.117%	$219	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4577	+0.073%	$852K	$1.8M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4577	+0.073%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4578	+0.087%	$231K	$847K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4581	+0.160%	$31K	$5K	3x	as long as short
Phoenix WLD	+0.0104%	1h	0.4580	+0.128%	$5K	$53K	10x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4579	+0.114%	—	—	20x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4582	+0.182%	$4.8M	$823K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0229% / S −0.1268%	1h	0.4579	+0.108%	$5K	—	100x	as long as short
01 Exchange WLDUSD	+0.0264%	1h	0.4584	+0.235%	$328	$77	5x	as long as short
Injective WLD/USDC PERP	+0.0373%	1h	0.4585	+0.248%	$6K	$185K	5.5x	as long as short
Coinbase International WLD-PERP-INTX	+0.0440%	1h	0.4588	+0.313%	$272K	$1.6M	50x	as long as short
Hyperliquid WLD	+0.0521%	1h	0.4587	+0.298%	$50.9M	$43.6M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.0718%	1h	0.4582	+0.191%	$903K	$2.7M	50x	as long as short
Lighter WLD	+0.1280%	1h	0.4590	+0.348%	$5.2M	$2.0M	10x	as long as short