Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.016%

Price spread now: Binance against Extended+0.010%7-day average +0.055% · you sell dearer than you buy

Net, funding: paid 7d − costs−$70as in the Funding arb table

Net, price: spread back to 7d avg − costs−$32as in the Price arb table

costs, in and out, $10k−$280.279% of the position

Long on Extended Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.426%−$43 on $10k

Price spread, last 4 days (all we have)+0.062%+$6 · spread now +0.010%, 7d avg +0.055%

Together, before fees−0.363%+ Points / potential airdropExtended: Active · farm board−$36 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: Binance is 0.045% cheaper against Extended than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.055%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended WLD-USD	0.4575	0.0104	pay 0.0013% / 1h	29m 50s	$234K	$845K	10x
Short	Binance WLDUSDT	0.4575	0.0100	get 0.0100% / 8h	29m 50s	$86.3M	$301.5M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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 BinancebpOrdersPrice spread, now +0.010%Rate

Funding earned: −$0.84
Price spread: +0.010% → +0.055%: −$4.52
Slippage, 4 orders: −$12.93
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Binance: 5 bp × 2 orders: −$10
Net: −$33.28
Costs to cover: 0.279%
Break-even: never at this rate

Slippage from Extended: live order book, 48 min ago; Binance: live order book, 14 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, 48 min ago	2.18 bp	6.7 bp −$7	12.6 bp −$126	doesn't fit	doesn't fit
Sell Binance live order book, 14 min ago	1.09 bp	8.1 bp −$8	14.6 bp −$146	46.0 bp −$4,596	184.4 bp −$92.2K

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	−0.0204%	8h	0.4581	+0.139%	$64K	$3.9M	1.7x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4584	+0.200%	$164K	$13K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4578	+0.073%	$112K	$885K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4577	+0.056%	$56K	—	150x	as long as short
KuCoin WLDUSDTM	+0.0013%	8h	0.4573	−0.036%	$6.9M	$11.0M	50x	as long as short
Orderly PERP_WLD_USDC	+0.0028%	8h	0.4576	+0.029%	$28K	$909K	10x	as long as short
Nado WLD-PERP	+0.0052%	1h	0.4581	+0.128%	$276K	$169K	5x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4578	+0.068%	$189K	$1.0M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4582	+0.161%	$53K	$483K	5x	as long as short
Binance WLDUSDTshort	+0.0100%	8h	0.4575	+0.010%	$86.3M	$301.5M	75x

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit WLDUSDT	+0.0100%	8h	0.4576	+0.029%	$65.5M	$82.7M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4576	+0.029%	$34.1M	$142.7M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4576	+0.029%	$7.4M	$35.6M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4576	+0.029%	$45.7M	$52.9M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4575	+0.008%	$30.2M	$25.9M	75x	as long as short
BingX WLD-USDT	+0.0100%	8h	0.4575	+0.008%	—	$67.1M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4577	+0.051%	$129K	$272K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4586	+0.247%	$2.1M	$1.6M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4578	+0.083%	$27K	$317K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4580	+0.121%	$618K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4583	+0.182%	$55K	$228K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4584	+0.209%	$45K	$1.6M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4581	+0.139%	$23K	$1.5M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4576	+0.029%	$210	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4577	+0.051%	$852K	$1.8M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4577	+0.051%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USDlong	+0.0104%	1h	0.4575	long leg	$234K	$845K	10x
Aevo WLD-PERP	+0.0104%	1h	0.4578	+0.083%	$31K	$5K	3x	as long as short
Phoenix WLD	+0.0104%	1h	0.4581	+0.145%	$5K	$53K	10x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4581	+0.138%	—	—	20x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4589	+0.314%	$4.9M	$825K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0229% / S −0.1268%	1h	0.4577	+0.045%	$5K	—	100x	as long as short
01 Exchange WLDUSD	+0.0272%	1h	0.4585	+0.226%	$328	$77	5x	as long as short
Injective WLD/USDC PERP	+0.0373%	1h	0.4592	+0.379%	$6K	$185K	5.5x	as long as short
Coinbase International WLD-PERP-INTX	+0.0440%	1h	0.4582	+0.161%	$270K	$1.6M	50x	as long as short
Hyperliquid WLD	+0.0496%	1h	0.4582	+0.152%	$49.6M	$43.0M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.0718%	1h	0.4578	+0.075%	$905K	$2.7M	50x	as long as short
Lighter WLD	+0.1448%	1h	0.4585	+0.231%	$5.2M	$2.0M	10x	as long as short