Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.022%

Price spread now: ApeX Omni against Gate+0.132%66s7-day average +0.076% · you sell dearer than you buy

Net, funding: paid 7d − costs−$48as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$620.623% of the position

Long on Gate Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.144%+$14 on $10k

Price spread, last 3 days (all we have)+0.292%+$29 · spread now +0.132%, 7d avg +0.076%

Together, before fees+0.436%+$44 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: ApeX Omni is 0.056% dearer against Gate than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.076%. The two prices were read 66 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate WLD_USDT	0.4536	0.0100	pay 0.0100% / 8h	2h 36m	$7.4M	$34.4M	75x
Short	ApeX Omni WLDUSDT	0.4542	0.0100	get 0.0013% / 1h	36m 28s	$55K	$226K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Gate. 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 GatebpFee ApeX OmnibpOrdersPrice spread, now +0.132%Rate

Funding earned: $0
Price spread: +0.132% → +0.076%: $5.59
Slippage, 4 orders: −$37.25
Fee Gate: 7.5 bp × 2 orders: −$15
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$56.66
Costs to cover: 0.623%
Break-even: never at this rate

Slippage from Gate: live order book, 2 min ago; ApeX Omni: live order book, 49 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 Gate live order book, 2 min ago	2.21 bp	16.6 bp −$17	39.5 bp −$395	76.5 bp −$7,651	doesn't fit
Sell ApeX Omni live order book, 49 min ago	7.62 bp	15.4 bp −$15	109.0 bp −$1,090	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	−0.0581%	8h	0.4537	+0.022%	$44K	$3.8M	1.7x	as long as short
Variational Omni WLD	−0.0037%	8h	0.4543	+0.144%	$2.1M	$1.6M	—	as long as short
Orderly PERP_WLD_USDC	−0.0026%	8h	0.4534	−0.044%	$28K	$918K	10x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4540	+0.078%	$155K	$6K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4545	+0.198%	$136K	$889K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4534	−0.053%	$56K	—	150x	as long as short
KuCoin WLDUSDTM	+0.0015%	8h	0.4535	−0.022%	$7.0M	$10.7M	50x	as long as short
Nado WLD-PERP	+0.0049%	1h	0.4535	−0.011%	$271K	$168K	5x	as long as short
Phoenix WLD	+0.0052%	1h	0.4536	−0.007%	$5K	$52K	10x	as long as short
OKX WLD-USDT-SWAP	+0.0061%	8h	0.4531	−0.110%	$34.0M	$137.2M	50x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit WLDUSDT	+0.0096%	8h	0.4533	−0.066%	$65.0M	$80.0M	50x	as long as short
Hyperliquid WLD	+0.0100%	1h	0.4540	+0.097%	$47.0M	$40.7M	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4538	+0.046%	$208K	$981K	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4537	+0.016%	$50K	$482K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4536	−0.007%	$85.7M	$291.5M	75x	as long as short
Gate WLD_USDTlong	+0.0100%	8h	0.4536	long leg	$7.4M	$34.4M	75x
MEXC WLD_USDT	+0.0100%	8h	0.4535	−0.022%	$52.5M	$47.0M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4533	−0.066%	$30.0M	$25.1M	75x	as long as short
BingX WLD-USDT	+0.0100%	8h	0.4535	−0.022%	—	$67.9M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4543	+0.157%	$129K	$274K	10x	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4544	+0.185%	$27K	$315K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4543	+0.156%	$613K	$1.9M	10x	as long as short
ApeX Omni WLDUSDTshort	+0.0100%	1h	0.4542	+0.132%	$55K	$226K	50x
Polymarket Perps WLD-USD	+0.0100%	1h	0.4536	−0.004%	$54K	$1.7M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4547	+0.243%	$22K	$1.5M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4542	+0.132%	$198	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4539	+0.066%	$856K	$1.8M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4543	+0.154%	$1.8M	$3.8M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4533	−0.077%	$132K	$745K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4545	+0.187%	$31K	$5K	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4536	−0.003%	—	—	20x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0217% / S −0.0307%	1h	0.4535	−0.011%	$12K	—	100x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4545	+0.198%	$4.9M	$802K	75x	as long as short
Injective WLD/USDC PERP	+0.0374%	1h	0.4622	+1.896%	$6K	$139K	5.5x	as long as short
Coinbase International WLD-PERP-INTX	+0.0400%	1h	0.4544	+0.176%	$281K	$1.6M	50x	as long as short
01 Exchange WLDUSD	+0.0472%	1h	0.4538	+0.035%	$325	$77	5x	as long as short
Lighter WLD	+0.1040%	1h	0.4545	+0.190%	$5.1M	$2.0M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.1098%	1h	0.4545	+0.191%	$923K	$2.6M	50x	as long as short