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

WLD

all WLD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.026%
Price spread now: dYdX against edgeX+0.087%51s7-day average +0.046% · you sell dearer than you buy
Net, funding: paid 7d − costs−$315as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$2952.949% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.201%−$20 on $10k
Price spread, last 3 days (all we have)−0.202%−$20 · spread now +0.087%, 7d avg +0.046%
Together, before fees−0.403%+ Points / potential airdropedgeX: Active · farm board−$40 on $10k · with fees, hour by hour
The price spread pays, funding is against you. dYdX is 0.041% dearer against edgeX than usual: you sell high and buy low (spread +0.087% now, against its 7-day average of +0.046%): +$4 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 33 hours. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX WLDUSDC0.45790.0100pay 0.0050% / 4h0m 40s$27K$317K20x
ShortdYdX WLD-USD0.45830get 0.0000% / 1h0m 40s$164K$13K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX 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
−$21
Price spread: +0.087% → +0.046%
$4.07
Slippage, 4 orders
−$275.87
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$311.8
Costs to cover
2.949%
Break-even
never at this rate
Slippage from edgeX: live order book, 12 min ago; dYdX: live order book, 13 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, 12 min ago4.37 bp8.9 bp −$916.2 bp −$162doesn't fitdoesn't fit
Sell dYdX live order book, 13 min ago98.52 bp171.5 bp −$172263.3 bp −$2,633472.6 bp −$47.3K905.8 bp −$452.9K

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−0.0194%8h0.4578−0.019%$70K$3.9M1.7xas long as short
dYdX WLD-USDshort0.0000%1h0.4583+0.087%$164K$13K10x
Deribit WLD_USDC-PERPETUAL0.0000%1h0.4587+0.178%$123K$897K25xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4579+0.008%$56K150xas long as short
KuCoin WLDUSDTM+0.0005%8h0.4582+0.068%$7.0M$11.0M50xas long as short
Orderly PERP_WLD_USDC+0.0038%8h0.4586+0.156%$28K$906K10xas long as short
Nado WLD-PERP+0.0040%1h0.4579+0.003%$276K$169K5xas long as short
Aster WLDUSDT+0.0100%8h0.4585+0.126%$192K$1.0M50xas long as short
Pacifica WLD+0.0100%1h0.4586+0.156%$54K$487K5xas long as short
Binance WLDUSDT+0.0100%8h0.4582+0.068%$86.6M$303.7M75xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit WLDUSDT+0.0100%8h0.4584+0.112%$65.9M$82.8M50xas long as short
OKX WLD-USDT-SWAP+0.0100%8h0.4583+0.090%$34.4M$143.6M50xas long as short
Gate WLD_USDT+0.0100%8h0.4583+0.090%$7.5M$36.0M75xas long as short
MEXC WLD_USDT+0.0100%8h0.4584+0.112%$46.4M$53.5M300xas long as short
Bitget WLDUSDT+0.0100%8h0.4585+0.134%$30.3M$26.1M75xas long as short
BingX WLD-USDC+0.0100%8h0.4585+0.134%$1.3Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4585+0.134%$136K$283K10xas long as short
Variational Omni WLD+0.0100%8h0.4578−0.021%$2.0M$1.7Mas long as short
edgeX WLDUSDClong+0.0100%4h0.4579long leg$27K$317K20x
GRVT WLD_USDT_Perp+0.0100%8h0.4581+0.049%$608K$1.9M10xas long as short
ApeX Omni WLDUSDT+0.0100%1h0.4579+0.003%$55K$228K50xas long as short
Polymarket Perps WLD-USD+0.0100%1h0.4581+0.044%$48K$1.6M10xas long as short
SunX WLD-USDT+0.0100%8h0.4584+0.112%$23K$1.5M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4584+0.112%$219$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4582+0.068%$853K$1.8M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4582+0.068%$1.8M$3.7M50xas long as short
Extended WLD-USD+0.0104%1h0.4584+0.104%$231K$847K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4586+0.154%$31K$5K3xas long as short
Phoenix WLD+0.0104%1h0.4580+0.014%$5K$53K10xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4578−0.022%20xas long as short
BloFin WLD-USDT+0.0220%8h0.4585+0.134%$4.9M$823K75xas long as short
GMX WLD/USD [ETH-USDC]L +0.0229% / S −0.1268%1h0.4579+0.005%$5K100xas long as short
01 Exchange WLDUSD+0.0272%1h0.4586+0.165%$328$775xas long as short
Injective WLD/USDC PERP+0.0373%1h0.4585+0.134%$6K$185K5.5xas long as short
Coinbase International WLD-PERP-INTX+0.0440%1h0.4580+0.025%$272K$1.6M50xas long as short
Hyperliquid WLD+0.0535%1h0.4593+0.320%$50.9M$43.6M10xas long as short
Kraken Futures PF_WLDUSD+0.0717%1h0.4588+0.195%$904K$2.7M50xas long as short
Lighter WLD+0.1280%1h0.4596+0.383%$5.2M$2.0M10xas long as short