Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.003%

Price spread now: Bybit against Gate0.000%7-day average −0.013% · you sell dearer than you buy

Net, funding: paid 7d − costs−$43as in the Funding arb table

Net, price: spread back to 7d avg − costs−$44as in the Price arb table

costs, in and out, $10k−$450.453% of the position

Long on Gate Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.024%+$2 on $10k

Price spread, last 7 days−0.026%−$3 · spread now 0.000%, 7d avg −0.013%

Together, before fees−0.003%$0 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate WLD_USDT	0.4534	0.0100	pay 0.0100% / 8h	2h 16m	$7.4M	$34.7M	75x
Short	Bybit WLDUSDT	0.4534	0.0100	get 0.0100% / 8h	2h 16m	$64.7M	$80.3M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → −0.013%: $1.32
Slippage, 4 orders: −$19.33
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$44.01
Costs to cover: 0.453%
Break-even: never at this rate

Slippage from Gate: live order book, 2 min ago; Bybit: 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	1.10 bp	13.3 bp −$13	30.9 bp −$309	77.8 bp −$7,782	doesn't fit
Sell Bybit live order book, 2 min ago	1.10 bp	8.6 bp −$9	22.5 bp −$225	97.3 bp −$9,735	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	−0.0447%	8h	0.4541	+0.154%	$45K	$3.8M	1.7x	as long as short
Orderly PERP_WLD_USDC	−0.0020%	8h	0.4538	+0.088%	$28K	$917K	10x	as long as short
Variational Omni WLD	−0.0004%	8h	0.4542	+0.182%	$2.1M	$1.6M	—	as long as short
dYdX WLD-USD	0.0000%	1h	0.4544	+0.227%	$155K	$6K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4540	+0.132%	$123K	$911K	25x	as long as short
KuCoin WLDUSDTM	+0.0001%	8h	0.4534	0.000%	$7.0M	$10.7M	50x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4540	+0.142%	$56K	—	150x	as long as short
Nado WLD-PERP	+0.0033%	1h	0.4541	+0.165%	$271K	$168K	5x	as long as short
Phoenix WLD	+0.0052%	1h	0.4553	+0.410%	$5K	$52K	10x	as long as short
OKX WLD-USDT-SWAP	+0.0076%	8h	0.4533	−0.022%	$33.8M	$137.8M	50x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance WLDUSDT	+0.0090%	8h	0.4534	+0.010%	$85.3M	$292.9M	75x	as long as short
MEXC WLD_USDT	+0.0091%	8h	0.4534	0.000%	$53.7M	$47.6M	300x	as long as short
Hyperliquid WLD	+0.0100%	1h	0.4539	+0.115%	$46.5M	$41.2M	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4540	+0.141%	$215K	$982K	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4541	+0.161%	$51K	$482K	5x	as long as short
Bybit WLDUSDTshort	+0.0100%	8h	0.4534	0.000%	$64.7M	$80.3M	50x
Gate WLD_USDTlong	+0.0100%	8h	0.4534	long leg	$7.4M	$34.7M	75x
Bitget WLDUSDT	+0.0100%	8h	0.4534	0.000%	$30.1M	$25.2M	75x	as long as short
BingX WLD-USDT	+0.0100%	8h	0.4534	0.000%	—	$68.0M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4538	+0.086%	$129K	$271K	10x	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4549	+0.330%	$27K	$316K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4549	+0.326%	$610K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4542	+0.176%	$55K	$226K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4538	+0.079%	$51K	$1.7M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4544	+0.221%	$22K	$1.5M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4536	+0.044%	$196	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4539	+0.110%	$856K	$1.8M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4536	+0.044%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4534	+0.009%	$133K	$745K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4539	+0.111%	$31K	$5K	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4537	+0.061%	—	—	20x	as long as short
BloFin WLD-USDT	+0.0210%	8h	0.4535	+0.022%	$4.9M	$806K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0217% / S −0.1712%	1h	0.4540	+0.130%	$9K	—	100x	as long as short
01 Exchange WLDUSD	+0.0336%	1h	0.4546	+0.265%	$325	$77	5x	as long as short
Injective WLD/USDC PERP	+0.0374%	1h	0.4542	+0.176%	$6K	$185K	5.5x	as long as short
Coinbase International WLD-PERP-INTX	+0.0400%	1h	0.4540	+0.132%	$278K	$1.6M	50x	as long as short
Lighter WLD	+0.0968%	1h	0.4546	+0.269%	$5.2M	$2.1M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.1098%	1h	0.4541	+0.161%	$923K	$2.6M	50x	as long as short