Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h 0.000%

Price spread now: SunX against Extended+0.322%7-day average +0.199% · you sell dearer than you buy

Net, funding: paid 7d − costs−$124as in the Funding arb table

Net, price: spread back to 7d avg − costs−$82as in the Price arb table

costs, in and out, $10k−$940.945% of the position

Long on Extended Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.296%−$30 on $10k

Price spread, last 4 days (all we have)+0.276%+$28 · spread now +0.322%, 7d avg +0.199%

Together, before fees−0.020%+ Points / potential airdropExtended: Active · farm board−$2 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: SunX is 0.123% dearer against Extended than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of +0.199%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended WLD-USD	0.4557	0.0104	pay 0.0013% / 1h	49m 57s	$227K	$974K	10x
Short	SunX WLD-USDT	0.4572	0.0100	get 0.0100% / 8h	4h 49m	$23K	$1.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.322%Rate

Funding earned: −$0.84
Price spread: +0.322% → +0.199%: $12.33
Slippage, 4 orders: −$81.48
Fee Extended: 2.5 bp × 2 orders: −$5
Fee SunX: 4 bp × 2 orders: −$8
Net: −$82.99
Costs to cover: 0.945%
Break-even: never at this rate

Slippage from Extended: live order book, 8 min ago; SunX: live order book, 5 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, 8 min ago	2.19 bp	4.7 bp −$5	12.6 bp −$126	doesn't fit	doesn't fit
Sell SunX live order book, 5 min ago	29.38 bp	45.8 bp −$46	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	−0.0108%	8h	0.4580	+0.498%	$63K	$4.6M	1.7x	as long as short
Nado WLD-PERP	−0.0084%	1h	0.4563	+0.136%	$242K	$205K	5x	as long as short
KuCoin WLDUSDTM	−0.0034%	8h	0.4557	−0.007%	$6.9M	$11.6M	50x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4567	+0.206%	$156K	$33K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4569	+0.256%	$115K	$923K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4568	+0.230%	$66K	—	150x	as long as short
Injective WLD/USDC PERP	+0.0014%	1h	0.4558	+0.015%	$6K	$185K	5.5x	as long as short
01 Exchange WLDUSD	+0.0016%	1h	0.4568	+0.228%	$327	$80	5x	as long as short
Orderly PERP_WLD_USDC	+0.0082%	8h	0.4567	+0.213%	$28K	$889K	10x	as long as short
Lighter WLD	+0.0096%	1h	0.4572	+0.311%	$4.9M	$2.4M	10x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster WLDUSDT	+0.0100%	8h	0.4566	+0.188%	$189K	$1.1M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4570	+0.276%	$49K	$528K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4564	+0.147%	$86.6M	$327.4M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4562	+0.103%	$65.1M	$88.9M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4563	+0.125%	$34.1M	$148.6M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4561	+0.081%	$7.2M	$36.7M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4560	+0.059%	$44.7M	$53.7M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4562	+0.103%	$30.1M	$30.1M	75x	as long as short
BingX WLD-USDT	+0.0100%	8h	0.4563	+0.125%	—	$67.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4563	+0.125%	$134K	$298K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4575	+0.381%	$2.1M	$1.7M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4588	+0.682%	$27K	$319K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4586	+0.630%	$603K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4590	+0.717%	$43K	$240K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4564	+0.147%	$41K	$2.1M	10x	as long as short
SunX WLD-USDTshort	+0.0100%	8h	0.4572	+0.322%	$23K	$1.6M	50x
SoDEX WLD-USD	+0.0100%	1h	0.4565	+0.169%	$175	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4567	+0.213%	$836K	$1.9M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4566	+0.191%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USDlong	+0.0104%	1h	0.4557	long leg	$227K	$974K	10x
Aevo WLD-PERP	+0.0104%	1h	0.4565	+0.166%	$31K	$600	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4564	+0.152%	—	—	20x	as long as short
Hyperliquid WLD	+0.0156%	1h	0.4568	+0.237%	$50.1M	$43.2M	10x	as long as short
Phoenix WLD	+0.0158%	1h	0.4594	+0.798%	$5K	$52K	10x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4577	+0.432%	$4.9M	$848K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0229% / S −0.1268%	1h	0.4568	+0.235%	$5K	—	100x	as long as short
Kraken Futures PF_WLDUSD	+0.0480%	1h	0.4568	+0.242%	$884K	$2.8M	50x	as long as short
Coinbase International WLD-PERP-INTX	+0.0496%	1h	0.4572	+0.322%	$268K	$1.7M	50x	as long as short