Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.041%

Price spread now: HTX against edgeX−0.259%7-day average −0.144% · you buy dearer than you sell

Net, funding: paid 7d − costs−$88as in the Funding arb table

Net, price: spread back to 7d avg − costs−$94as in the Price arb table

costs, in and out, $10k−$830.825% of the position

Long on edgeX Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.059%−$6 on $10k

Price spread, last 3 days (all we have)+0.348%+$35 · spread now −0.259%, 7d avg −0.144%

Together, before fees+0.289%+ Points / potential airdropedgeX: Active · farm board+$29 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.115% cheaper against edgeX than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of −0.144%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX WLDUSDC	0.4557	0.0100	pay 0.0050% / 4h	2h 20m	$27K	$315K	20x
Short	HTX WLD-USDT	0.4545	0.0100	get 0.0100% / 8h	2h 20m	$857K	$1.8M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now −0.259%Rate

Funding earned: $0
Price spread: −0.259% → −0.144%: −$11.51
Slippage, 4 orders: −$61.53
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee HTX: 6 bp × 2 orders: −$12
Net: −$94.03
Costs to cover: 0.825%
Break-even: never at this rate

Slippage from edgeX: live order book, 3 min ago; HTX: live order book, 3 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, 3 min ago	4.40 bp	8.9 bp −$9	19.8 bp −$198	doesn't fit	doesn't fit
Sell HTX live order book, 3 min ago	6.58 bp	27.9 bp −$28	160.3 bp −$1,603	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	−0.0444%	8h	0.4548	−0.193%	$45K	$3.8M	1.7x	as long as short
Orderly PERP_WLD_USDC	−0.0022%	8h	0.4542	−0.325%	$28K	$917K	10x	as long as short
Variational Omni WLD	−0.0017%	8h	0.4577	+0.451%	$2.1M	$1.6M	—	as long as short
dYdX WLD-USD	0.0000%	1h	0.4546	−0.232%	$155K	$6K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4546	−0.237%	$127K	$904K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4547	−0.215%	$57K	—	150x	as long as short
KuCoin WLDUSDTM	+0.0007%	8h	0.4541	−0.347%	$7.0M	$10.7M	50x	as long as short
Nado WLD-PERP	+0.0033%	1h	0.4543	−0.303%	$271K	$168K	5x	as long as short
Phoenix WLD	+0.0052%	1h	0.4553	−0.092%	$5K	$52K	10x	as long as short
OKX WLD-USDT-SWAP	+0.0072%	8h	0.4545	−0.259%	$33.9M	$138.2M	50x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC WLD_USDT	+0.0096%	8h	0.4546	−0.237%	$53.7M	$47.5M	300x	as long as short
Binance WLDUSDT	+0.0096%	8h	0.4545	−0.256%	$85.5M	$292.8M	75x	as long as short
Hyperliquid WLD	+0.0100%	1h	0.4548	−0.191%	$46.6M	$41.2M	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4545	−0.259%	$215K	$982K	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4544	−0.281%	$51K	$483K	5x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4546	−0.237%	$64.9M	$80.3M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4542	−0.325%	$7.4M	$34.7M	75x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4544	−0.281%	$30.1M	$25.2M	75x	as long as short
BingX WLD-USDC	+0.0100%	8h	0.4546	−0.237%	—	$1.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4545	−0.254%	$129K	$272K	10x	as long as short
edgeX WLDUSDClong	+0.0100%	4h	0.4557	long leg	$27K	$315K	20x
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4550	−0.149%	$610K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4556	−0.017%	$55K	$226K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4545	−0.265%	$52K	$1.7M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4551	−0.127%	$23K	$1.5M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4543	−0.303%	$198	$5K	10x	as long as short
HTX WLD-USDTshort	+0.0100%	8h	0.4545	−0.259%	$857K	$1.8M	50x
Phemex WLDUSDT	+0.0100%	8h	0.4544	−0.281%	$1.8M	$3.8M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4541	−0.337%	$133K	$745K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4546	−0.248%	$31K	$5K	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4545	−0.264%	—	—	20x	as long as short
BloFin WLD-USDT	+0.0216%	8h	0.4538	−0.412%	$4.9M	$807K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0217% / S −0.0307%	1h	0.4547	−0.208%	$12K	—	100x	as long as short
01 Exchange WLDUSD	+0.0360%	1h	0.4543	−0.298%	$325	$77	5x	as long as short
Injective WLD/USDC PERP	+0.0374%	1h	0.4622	+1.431%	$6K	$139K	5.5x	as long as short
Coinbase International WLD-PERP-INTX	+0.0400%	1h	0.4549	−0.171%	$279K	$1.6M	50x	as long as short
Lighter WLD	+0.0992%	1h	0.4552	−0.105%	$5.1M	$2.0M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.1097%	1h	0.4549	−0.182%	$920K	$2.6M	50x	as long as short