Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.006%

Price spread now: Bitget against Gate−0.131%7-day average −0.028% · you buy dearer than you sell

Net, funding: paid 7d − costs−$47as in the Funding arb table

Net, price: spread back to 7d avg − costs−$66as in the Price arb table

costs, in and out, $10k−$560.560% of the position

Long on Gate Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.086%+$9 on $10k

Price spread, last 7 days+0.113%+$11 · spread now −0.131%, 7d avg −0.028%

Together, before fees+0.199%+$20 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: Bitget is 0.103% cheaper against Gate than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of −0.028%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate WLD_USDT	0.4584	0.0100	pay 0.0100% / 8h	4h 31m	$7.2M	$36.9M	75x
Short	Bitget WLDUSDT	0.4578	0.0100	get 0.0100% / 8h	4h 31m	$30.2M	$30.2M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now −0.131%Rate

Funding earned: $0
Price spread: −0.131% → −0.028%: −$10.26
Slippage, 4 orders: −$28.97
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$66.23
Costs to cover: 0.560%
Break-even: never at this rate

Slippage from Gate: live order book, 2 min ago; Bitget: live order book, 2 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	2.19 bp	16.6 bp −$17	32.8 bp −$328	55.2 bp −$5,521	doesn't fit
Sell Bitget live order book, 2 min ago	1.10 bp	13.2 bp −$13	23.9 bp −$239	51.4 bp −$5,144	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	−0.0104%	8h	0.4572	−0.262%	$52K	$4.6M	1.7x	as long as short
Nado WLD-PERP	−0.0050%	1h	0.4573	−0.229%	$242K	$205K	5x	as long as short
KuCoin WLDUSDTM	−0.0023%	8h	0.4579	−0.109%	$7.0M	$11.6M	50x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4574	−0.226%	$156K	$33K	10x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4574	−0.221%	$66K	—	150x	as long as short
Injective WLD/USDC PERP	+0.0014%	1h	0.4544	−0.873%	$6K	$185K	5.5x	as long as short
01 Exchange WLDUSD	+0.0088%	1h	0.4574	−0.223%	$327	$80	5x	as long as short
Orderly PERP_WLD_USDC	+0.0089%	8h	0.4575	−0.196%	$28K	$886K	10x	as long as short
Lighter WLD	+0.0096%	1h	0.4581	−0.059%	$4.9M	$2.4M	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4573	−0.250%	$210K	$1.1M	50x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica WLD	+0.0100%	1h	0.4575	−0.207%	$49K	$528K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4584	−0.011%	$87.0M	$327.9M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4583	−0.022%	$65.3M	$89.0M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4585	+0.022%	$34.4M	$150.0M	50x	as long as short
Gate WLD_USDTlong	+0.0100%	8h	0.4584	long leg	$7.2M	$36.9M	75x
MEXC WLD_USDT	+0.0100%	8h	0.4579	−0.109%	$44.1M	$54.1M	300x	as long as short
Bitget WLDUSDTshort	+0.0100%	8h	0.4578	−0.131%	$30.2M	$30.2M	75x
BingX WLD-USDC	+0.0100%	8h	0.4584	0.000%	—	$1.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4578	−0.135%	$136K	$299K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4539	−0.988%	$2.1M	$1.7M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4550	−0.741%	$27K	$319K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4552	−0.698%	$600K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4554	−0.654%	$43K	$239K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4572	−0.273%	$43K	$2.1M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4581	−0.065%	$23K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4577	−0.153%	$176	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4568	−0.349%	$835K	$1.8M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4577	−0.153%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4577	−0.157%	$220K	$981K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4577	−0.142%	$31K	$600	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4572	−0.268%	—	—	20x	as long as short
Phoenix WLD	+0.0158%	1h	0.4555	−0.639%	$5K	$52K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	+0.0187%	1h	0.4577	−0.153%	$118K	$927K	25x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4570	−0.305%	$4.9M	$851K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0229% / S −0.1106%	1h	0.4575	−0.203%	$5K	—	100x	as long as short
Hyperliquid WLD	+0.0266%	1h	0.4583	−0.020%	$50.4M	$43.3M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.0479%	1h	0.4580	−0.087%	$886K	$2.8M	50x	as long as short
Coinbase International WLD-PERP-INTX	+0.0496%	1h	0.4552	−0.698%	$267K	$1.7M	50x	as long as short