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 +0.002%

Price spread now: GRVT against Gate+0.097%7-day average +0.010% · you sell dearer than you buy

Net, funding: paid 7d − costs−$35as in the Funding arb table

Net, price: spread back to 7d avg − costs−$39as in the Price arb table

costs, in and out, $10k−$480.479% of the position

Long on Gate Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days+0.126%+$13 on $10k

Price spread, last 3 days (all we have)+0.180%+$18 · spread now +0.097%, 7d avg +0.010%

Together, before fees+0.306%+ Points / potential airdropGRVT: Active · farm board+$31 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: GRVT is 0.087% dearer against Gate than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of +0.010%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate WLD_USDT	0.4608	0.0100	pay 0.0100% / 8h	59m 07s	$7.5M	$35.1M	75x
Short	GRVT WLD_USDT_Perp	0.4612	0.0100	get 0.0100% / 8h	59m 07s	$620K	$1.9M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now +0.097%Rate

Funding earned: $0
Price spread: +0.097% → +0.010%: $8.72
Slippage, 4 orders: −$23.86
Fee Gate: 7.5 bp × 2 orders: −$15
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$39.14
Costs to cover: 0.479%
Break-even: never at this rate

Slippage from Gate: live order book, 5 min ago; GRVT: live order book, 4 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, 5 min ago	2.17 bp	15.4 bp −$15	38.2 bp −$382	84.1 bp −$8,407	doesn't fit
Sell GRVT live order book, 4 min ago	2.17 bp	10.5 bp −$10	24.5 bp −$245	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	−0.0258%	8h	0.4602	−0.130%	$56K	$3.8M	1.7x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4608	−0.004%	$164K	$13K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4612	+0.087%	$109K	$882K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4611	+0.070%	$57K	—	150x	as long as short
Orderly PERP_WLD_USDC	+0.0008%	8h	0.4611	+0.065%	$28K	$910K	10x	as long as short
KuCoin WLDUSDTM	+0.0010%	8h	0.4608	0.000%	$7.0M	$10.8M	50x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4609	+0.019%	$196K	$999K	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4608	+0.002%	$53K	$481K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4608	+0.004%	$87.4M	$297.9M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4608	0.000%	$66.0M	$82.2M	50x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4606	−0.043%	$34.5M	$142.5M	50x	as long as short
Gate WLD_USDTlong	+0.0100%	8h	0.4608	long leg	$7.5M	$35.1M	75x
MEXC WLD_USDT	+0.0100%	8h	0.4608	0.000%	$49.7M	$51.4M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4605	−0.065%	$30.5M	$25.6M	75x	as long as short
BingX WLD-USDC	+0.0100%	8h	0.4608	0.000%	—	$1.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4610	+0.039%	$130K	$269K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4603	−0.111%	$2.1M	$1.6M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4606	−0.050%	$27K	$317K	20x	as long as short
GRVT WLD_USDT_Perpshort	+0.0100%	8h	0.4612	+0.097%	$620K	$1.9M	10x
ApeX Omni WLDUSDT	+0.0100%	1h	0.4604	−0.087%	$55K	$228K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4610	+0.039%	$41K	$1.6M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4613	+0.109%	$23K	$1.5M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4611	+0.065%	$206	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4606	−0.043%	$869K	$1.8M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4610	+0.043%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4609	+0.023%	$236K	$860K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4612	+0.098%	$31K	$5K	3x	as long as short
Phoenix WLD	+0.0124%	1h	0.4608	+0.011%	$5K	$53K	10x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4606	−0.047%	—	—	20x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4609	+0.022%	$4.9M	$821K	75x	as long as short
Nado WLD-PERP	+0.0224%	1h	0.4606	−0.043%	$277K	$169K	5x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0261% / S −0.2221%	1h	0.4611	+0.064%	$9K	—	100x	as long as short
01 Exchange WLDUSD	+0.0272%	1h	0.4611	+0.067%	$330	$77	5x	as long as short
Injective WLD/USDC PERP	+0.0373%	1h	0.4578	−0.651%	$6K	$185K	5.5x	as long as short
Coinbase International WLD-PERP-INTX	+0.0440%	1h	0.4611	+0.065%	$273K	$1.6M	50x	as long as short
Hyperliquid WLD	+0.0481%	1h	0.4614	+0.124%	$50.1M	$43.0M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.0713%	1h	0.4615	+0.152%	$926K	$2.7M	50x	as long as short
Lighter WLD	+0.1208%	1h	0.4620	+0.252%	$5.2M	$2.0M	10x	as long as short