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 +0.006%

Price spread now: MEXC against Gate+0.043%7-day average +0.002% · you sell dearer than you buy

Net, funding: paid 7d − costs−$31as in the Funding arb table

Net, price: spread back to 7d avg − costs−$28as in the Price arb table

costs, in and out, $10k−$330.325% of the position

Long on Gate Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.017%+$2 on $10k

Price spread, last 7 days−0.039%−$4 · spread now +0.043%, 7d avg +0.002%

Together, before fees−0.023%−$2 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: MEXC is 0.041% dearer against Gate than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.002%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate WLD_USDT	0.4611	0.0100	pay 0.0100% / 8h	58m 09s	$7.5M	$35.1M	75x
Short	MEXC WLD_USDT	0.4613	0.0100	get 0.0100% / 8h	58m 09s	$49.7M	$51.4M	300x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.043%Rate

Funding earned: $0
Price spread: +0.043% → +0.002%: $4.09
Slippage, 4 orders: −$17.54
Fee Gate: 7.5 bp × 2 orders: −$15
Fee MEXC: 0 bp × 2 orders: $0
Net: −$28.45
Costs to cover: 0.325%
Break-even: never at this rate

Slippage from Gate: live order book, 6 min ago; MEXC: live order book, 6 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, 6 min ago	2.17 bp	15.4 bp −$15	38.2 bp −$382	84.1 bp −$8,407	doesn't fit
Sell MEXC live order book, 6 min ago	1.08 bp	2.7 bp −$3	6.1 bp −$61	28.0 bp −$2,797	69.0 bp −$34.5K

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	−0.0255%	8h	0.4604	−0.152%	$56K	$3.8M	1.7x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4607	−0.079%	$164K	$13K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4614	+0.065%	$109K	$884K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4615	+0.091%	$57K	—	150x	as long as short
KuCoin WLDUSDTM	+0.0008%	8h	0.4611	0.000%	$7.1M	$10.8M	50x	as long as short
Orderly PERP_WLD_USDC	+0.0008%	8h	0.4613	+0.043%	$28K	$910K	10x	as long as short
Nado WLD-PERP	+0.0098%	1h	0.4607	−0.076%	$277K	$169K	5x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4614	+0.055%	$196K	$999K	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4608	−0.069%	$53K	$481K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4613	+0.033%	$87.5M	$297.8M	75x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit WLDUSDT	+0.0100%	8h	0.4612	+0.022%	$66.1M	$82.2M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4611	0.000%	$34.5M	$142.7M	50x	as long as short
Gate WLD_USDTlong	+0.0100%	8h	0.4611	long leg	$7.5M	$35.1M	75x
MEXC WLD_USDTshort	+0.0100%	8h	0.4613	+0.043%	$49.7M	$51.4M	300x
Bitget WLDUSDT	+0.0100%	8h	0.4611	0.000%	$30.5M	$25.6M	75x	as long as short
BingX WLD-USDC	+0.0100%	8h	0.4612	+0.022%	—	$1.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4614	+0.074%	$130K	$269K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4603	−0.176%	$2.1M	$1.6M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4606	−0.115%	$27K	$317K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4612	+0.032%	$620K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4604	−0.152%	$55K	$228K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4610	−0.017%	$41K	$1.6M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4612	+0.022%	$23K	$1.5M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4612	+0.022%	$203	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4611	0.000%	$871K	$1.8M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4614	+0.065%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4610	−0.020%	$236K	$860K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4615	+0.076%	$31K	$5K	3x	as long as short
Phoenix WLD	+0.0124%	1h	0.4608	−0.054%	$5K	$53K	10x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4606	−0.101%	—	—	20x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4609	−0.043%	$4.9M	$821K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0260% / S −0.2221%	1h	0.4609	−0.047%	$9K	—	100x	as long as short
01 Exchange WLDUSD	+0.0280%	1h	0.4613	+0.039%	$330	$77	5x	as long as short
Injective WLD/USDC PERP	+0.0373%	1h	0.4578	−0.716%	$6K	$185K	5.5x	as long as short
Coinbase International WLD-PERP-INTX	+0.0440%	1h	0.4618	+0.152%	$274K	$1.6M	50x	as long as short
Hyperliquid WLD	+0.0521%	1h	0.4620	+0.187%	$50.2M	$43.0M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.0712%	1h	0.4618	+0.153%	$927K	$2.7M	50x	as long as short
Lighter WLD	+0.1208%	1h	0.4625	+0.304%	$5.2M	$2.0M	10x	as long as short