Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.008%

Price spread now: Aster against Extended+0.068%7-day average +0.066% · you sell dearer than you buy

Net, funding: paid 7d − costs−$69as in the Funding arb table

Net, price: spread back to 7d avg − costs−$33as in the Price arb table

costs, in and out, $10k−$330.330% of the position

Long on Extended Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.360%−$36 on $10k

Price spread, last 4 days (all we have)+0.125%+$12 · spread now +0.068%, 7d avg +0.066%

Together, before fees−0.235%+ Points / potential airdropExtended: Active · Aster: Stage 5 · farm board−$24 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended WLD-USD	0.4515	0.0104	pay 0.0013% / 1h	12m 45s	$132K	$745K	10x
Short	Aster WLDUSDT	0.4518	0.0100	get 0.0100% / 8h	2h 12m	$214K	$982K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Extended. 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 ExtendedbpFee AsterbpOrdersPrice spread, now +0.068%Rate

Funding earned: −$0.84
Price spread: +0.068% → +0.066%: $0.17
Slippage, 4 orders: −$20.02
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Aster: 4 bp × 2 orders: −$8
Net: −$33.69
Costs to cover: 0.330%
Break-even: never at this rate

Slippage from Extended: live order book, 10 min ago; Aster: live order book, 10 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 Extended live order book, 10 min ago	1.10 bp	5.6 bp −$6	13.1 bp −$131	doesn't fit	doesn't fit
Sell Aster live order book, 10 min ago	2.20 bp	12.5 bp −$13	33.1 bp −$331	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	−0.0482%	8h	0.4519	+0.086%	$45K	$3.8M	1.7x	as long as short
Orderly PERP_WLD_USDC	−0.0019%	8h	0.4516	+0.020%	$27K	$916K	10x	as long as short
KuCoin WLDUSDTM	−0.0002%	8h	0.4514	−0.025%	$7.0M	$10.7M	50x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4516	+0.012%	$154K	$6K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4518	+0.064%	$122K	$911K	25x	as long as short
Variational Omni WLD	+0.0001%	8h	0.4531	+0.358%	$2.1M	$1.6M	—	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4518	+0.054%	$56K	—	150x	as long as short
Nado WLD-PERP	+0.0035%	1h	0.4520	+0.103%	$270K	$168K	5x	as long as short
Phoenix WLD	+0.0052%	1h	0.4542	+0.593%	$5K	$52K	10x	as long as short
OKX WLD-USDT-SWAP	+0.0080%	8h	0.4514	−0.025%	$33.7M	$137.3M	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	+0.0088%	8h	0.4515	−0.003%	$52.3M	$48.0M	300x	as long as short
Binance WLDUSDT	+0.0088%	8h	0.4515	+0.001%	$84.8M	$293.0M	75x	as long as short
Hyperliquid WLD	+0.0100%	1h	0.4519	+0.079%	$46.3M	$41.2M	10x	as long as short
Aster WLDUSDTshort	+0.0100%	8h	0.4518	+0.068%	$214K	$982K	50x
Pacifica WLD	+0.0100%	1h	0.4516	+0.016%	$51K	$482K	5x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4514	−0.025%	$64.4M	$80.4M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4514	−0.025%	$7.3M	$34.8M	75x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4514	−0.025%	$29.9M	$25.1M	75x	as long as short
BingX WLD-USDT	+0.0100%	8h	0.4515	−0.003%	—	$68.0M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4517	+0.037%	$128K	$269K	10x	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4531	+0.350%	$27K	$317K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4539	+0.529%	$609K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4533	+0.396%	$54K	$226K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4517	+0.044%	$51K	$1.7M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4522	+0.152%	$22K	$1.5M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4514	−0.025%	$197	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4516	+0.020%	$852K	$1.8M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4515	−0.003%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USDlong	+0.0104%	1h	0.4515	long leg	$132K	$745K	10x
Aevo WLD-PERP	+0.0104%	1h	0.4516	+0.023%	$31K	$5K	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4515	+0.004%	—	—	20x	as long as short
BloFin WLD-USDT	+0.0209%	8h	0.4518	+0.064%	$4.9M	$808K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0216% / S −0.1712%	1h	0.4516	+0.031%	$9K	—	100x	as long as short
01 Exchange WLDUSD	+0.0320%	1h	0.4524	+0.197%	$324	$77	5x	as long as short
Injective WLD/USDC PERP	+0.0374%	1h	0.4542	+0.595%	$6K	$185K	5.5x	as long as short
Coinbase International WLD-PERP-INTX	+0.0400%	1h	0.4533	+0.396%	$278K	$1.6M	50x	as long as short
Lighter WLD	+0.0960%	1h	0.4526	+0.239%	$5.1M	$2.1M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.1104%	1h	0.4518	+0.074%	$920K	$2.6M	50x	as long as short