Settings8H · net · $10k
Funding arb · Price arb /

WLD

all WLD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0010%/8h= −1.1% APRnext payment $0.10 per $10,000 · paid last 24h +0.006%
Price spread now: Binance against Gate−0.044%7-day average +0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$440.440% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.016%+$2 on $10k
Price spread, last 7 days+0.040%+$4 · spread now −0.044%, 7d avg +0.010%
Together, before fees+0.056%+$6 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Binance is 0.054% cheaper against Gate than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.010%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate WLD_USDT0.45300.0100pay 0.0100% / 8h2h 16m$7.4M$34.8M75x
ShortBinance WLDUSDT0.45280.0090get 0.0090% / 8h2h 16m$85.1M$292.8M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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

Funding earned
−$2.04
Price spread: −0.044% → +0.010%
−$5.41
Slippage, 4 orders
−$18.96
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Binance: 5 bp × 2 orders
−$10
Net
−$51.4
Costs to cover
0.440%
Break-even
never at this rate
Slippage from Gate: live order book, 3 min ago; Binance: live order book, 12 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 3 min ago1.10 bp13.3 bp −$1330.9 bp −$30977.8 bp −$7,782doesn't fit
Sell Binance live order book, 12 min ago1.10 bp7.7 bp −$815.6 bp −$15661.4 bp −$6,139196.6 bp −$98.3K

WLD on 38 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kalshi KXWLDPERP−0.0447%8h0.4541+0.243%$45K$3.8M1.7xas long as short
Orderly PERP_WLD_USDC−0.0020%8h0.45300.000%$28K$917K10xas long as short
Variational Omni WLD−0.0004%8h0.4542+0.270%$2.1M$1.6Mas long as short
dYdX WLD-USD0.0000%1h0.4538+0.182%$155K$6K10xas long as short
Deribit WLD_USDC-PERPETUAL0.0000%1h0.4532+0.044%$123K$911K25xas long as short
KuCoin WLDUSDTM+0.0002%8h0.45300.000%$7.0M$10.7M50xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4531+0.032%$56K150xas long as short
Nado WLD-PERP+0.0035%1h0.4534+0.088%$271K$168K5xas long as short
Phoenix WLD+0.0052%1h0.4553+0.499%$5K$52K10xas long as short
OKX WLD-USDT-SWAP+0.0076%8h0.4527−0.066%$33.8M$137.6M50xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC WLD_USDT+0.0090%8h0.45300.000%$53.1M$47.7M300xas long as short
Binance WLDUSDTshort+0.0090%8h0.4528−0.044%$85.1M$292.8M75x
Hyperliquid WLD+0.0100%1h0.4534+0.097%$46.5M$41.2M10xas long as short
Aster WLDUSDT+0.0100%8h0.4538+0.177%$215K$982K50xas long as short
Pacifica WLD+0.0100%1h0.4537+0.155%$51K$482K5xas long as short
Bybit WLDUSDT+0.0100%8h0.4528−0.044%$64.6M$80.3M50xas long as short
Gate WLD_USDTlong+0.0100%8h0.4530long leg$7.4M$34.8M75x
Bitget WLDUSDT+0.0100%8h0.4528−0.044%$30.0M$25.2M75xas long as short
BingX WLD-USDC+0.0100%8h0.4528−0.044%$1.3Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4538+0.174%$129K$271K10xas long as short
edgeX WLDUSDC+0.0100%4h0.4549+0.419%$27K$316K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4549+0.415%$610K$1.9M10xas long as short
ApeX Omni WLDUSDT+0.0100%1h0.4542+0.265%$55K$226K50xas long as short
Polymarket Perps WLD-USD+0.0100%1h0.4531+0.011%$51K$1.7M10xas long as short
SunX WLD-USDT+0.0100%8h0.4537+0.155%$22K$1.5M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4528−0.044%$197$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4539+0.199%$856K$1.8M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4529−0.022%$1.8M$3.7M50xas long as short
Extended WLD-USD+0.0104%1h0.4527−0.057%$132K$745K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4530−0.004%$31K$5K3xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4530−0.005%20xas long as short
BloFin WLD-USDT+0.0210%8h0.4535+0.110%$4.9M$806K75xas long as short
GMX WLD/USD [ETH-USDC]L +0.0216% / S −0.1712%1h0.4530+0.010%$9K100xas long as short
01 Exchange WLDUSD+0.0328%1h0.4535+0.119%$324$775xas long as short
Injective WLD/USDC PERP+0.0374%1h0.4542+0.265%$6K$185K5.5xas long as short
Coinbase International WLD-PERP-INTX+0.0400%1h0.4540+0.221%$278K$1.6M50xas long as short
Lighter WLD+0.0960%1h0.4546+0.351%$5.1M$2.1M10xas long as short
Kraken Futures PF_WLDUSD+0.1100%1h0.4534+0.079%$921K$2.6M50xas long as short