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−0.0085%/8h= −9.3% APRnext payment $0.85 per $10,000 · paid last 24h +0.008%
Price spread now: KuCoin against Gate−0.043%7-day average −0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$670.674% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.055%+$5 on $10k
Price spread, last 7 days+0.048%+$5 · spread now −0.043%, 7d avg −0.003%
Together, before fees+0.102%+$10 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and KuCoin is 0.040% cheaper against Gate than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.003%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.055%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate WLD_USDT0.46290.0100pay 0.0100% / 8h54m 07s$7.5M$35.2M75x
ShortKuCoin WLDUSDTM0.46270.0015get 0.0015% / 8h54m 07s$7.1M$10.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
−$17.85
Price spread: −0.043% → −0.003%
−$4.04
Slippage, 4 orders
−$40.44
Fee Gate: 7.5 bp × 2 orders
−$15
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$89.33
Costs to cover
0.674%
Break-even
never at this rate
Slippage from Gate: live order book, 5 min ago; KuCoin: live order book, 4 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, 5 min ago1.09 bp15.8 bp −$1638.1 bp −$38180.5 bp −$8,048doesn't fit
Sell KuCoin live order book, 4 min ago1.08 bp15.7 bp −$1638.8 bp −$388doesn't fitdoesn't fit

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−0.0244%8h0.46290.000%$42K$3.8M1.7xas long as short
dYdX WLD-USD0.0000%1h0.4630+0.019%$165K$13K10xas long as short
Deribit WLD_USDC-PERPETUAL0.0000%1h0.4630+0.022%$110K$881K25xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4629+0.003%$58K150xas long as short
Orderly PERP_WLD_USDC+0.0010%8h0.4630+0.022%$28K$909K10xas long as short
KuCoin WLDUSDTMshort+0.0015%8h0.4627−0.043%$7.1M$10.8M50x
Nado WLD-PERP+0.0074%1h0.4627−0.043%$279K$169K5xas long as short
Aster WLDUSDT+0.0100%8h0.4631+0.043%$196K$999K50xas long as short
Pacifica WLD+0.0100%1h0.4632+0.061%$53K$481K5xas long as short
Binance WLDUSDT+0.0100%8h0.46290.000%$87.7M$298.3M75xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit WLDUSDT+0.0100%8h0.46290.000%$66.3M$82.3M50xas long as short
OKX WLD-USDT-SWAP+0.0100%8h0.4627−0.043%$34.6M$143.3M50xas long as short
Gate WLD_USDTlong+0.0100%8h0.4629long leg$7.5M$35.2M75x
MEXC WLD_USDT+0.0100%8h0.4630+0.022%$50.1M$51.4M300xas long as short
Bitget WLDUSDT+0.0100%8h0.46290.000%$30.6M$25.6M75xas long as short
BingX WLD-USDC+0.0100%8h0.46290.000%$1.3Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4631+0.052%$131K$269K10xas long as short
Variational Omni WLD+0.0100%8h0.4623−0.132%$2.1M$1.6Mas long as short
edgeX WLDUSDC+0.0100%4h0.4618−0.240%$27K$315K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4625−0.087%$621K$1.9M10xas long as short
ApeX Omni WLDUSDT+0.0100%1h0.4624−0.108%$56K$228K50xas long as short
Polymarket Perps WLD-USD+0.0100%1h0.4631+0.039%$42K$1.6M10xas long as short
SunX WLD-USDT+0.0100%8h0.4636+0.151%$23K$1.5M50xas long as short
SoDEX WLD-USD+0.0100%1h0.46290.000%$204$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4624−0.108%$873K$1.8M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4630+0.022%$1.8M$3.7M50xas long as short
Extended WLD-USD+0.0104%1h0.4627−0.040%$237K$859K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4632+0.054%$31K$5K3xas long as short
Phoenix WLD+0.0124%1h0.4617−0.268%$5K$53K10xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4628−0.013%20xas long as short
BloFin WLD-USDT+0.0220%8h0.4625−0.086%$4.9M$824K75xas long as short
GMX WLD/USD [ETH-USDC]L +0.0261% / S −0.2221%1h0.4630+0.022%$9K100xas long as short
01 Exchange WLDUSD+0.0272%1h0.4633+0.089%$331$775xas long as short
Injective WLD/USDC PERP+0.0373%1h0.4612−0.367%$6K$185K5.5xas long as short
Coinbase International WLD-PERP-INTX+0.0440%1h0.4638+0.194%$276K$1.7M50xas long as short
Hyperliquid WLD+0.0637%1h0.4637+0.162%$50.4M$42.8M10xas long as short
Kraken Futures PF_WLDUSD+0.0710%1h0.4634+0.109%$925K$2.6M50xas long as short
Lighter WLD+0.1568%1h0.4642+0.279%$5.3M$2.0M10xas long as short