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% APRpaid last 24h +0.022%

Price spread now: Pacifica against Gate+0.013%7-day average +0.047% · you sell dearer than you buy

Net, funding: paid 7d − costs−$40as in the Funding arb table

Net, price: spread back to 7d avg − costs−$58as in the Price arb table

costs, in and out, $10k−$550.550% of the position

Long on Gate Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days+0.146%+$15 on $10k

Price spread, last 4 days (all we have)+0.111%+$11 · spread now +0.013%, 7d avg +0.047%

Together, before fees+0.257%+ Points / potential airdropPacifica: Active · farm board+$26 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: Pacifica is 0.035% cheaper against Gate than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.047%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate WLD_USDT	0.4576	0.0100	pay 0.0100% / 8h	12m 11s	$7.4M	$35.9M	75x
Short	Pacifica WLD	0.4577	0.0100	get 0.0013% / 1h	12m 11s	$53K	$483K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 PacificabpOrdersPrice spread, now +0.013%Rate

Funding earned: $0
Price spread: +0.013% → +0.047%: −$3.46
Slippage, 4 orders: −$31.95
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$58.41
Costs to cover: 0.550%
Break-even: never at this rate

Slippage from Gate: live order book, 2 min ago; Pacifica: live order book, 1 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	3.27 bp	14.9 bp −$15	41.5 bp −$415	83.5 bp −$8,353	doesn't fit
Sell Pacifica live order book, 1 min ago	4.36 bp	11.3 bp −$11	doesn't fit	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	−0.0188%	8h	0.4577	+0.022%	$65K	$3.9M	1.7x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4576	+0.008%	$163K	$13K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4575	−0.022%	$123K	$896K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4575	−0.018%	$56K	—	150x	as long as short
KuCoin WLDUSDTM	+0.0009%	8h	0.4571	−0.109%	$6.9M	$11.0M	50x	as long as short
Orderly PERP_WLD_USDC	+0.0034%	8h	0.4574	−0.044%	$28K	$907K	10x	as long as short
Nado WLD-PERP	+0.0035%	1h	0.4573	−0.055%	$275K	$169K	5x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4580	+0.093%	$192K	$1.0M	50x	as long as short
Pacifica WLDshort	+0.0100%	1h	0.4577	+0.013%	$53K	$483K	5x
Binance WLDUSDT	+0.0100%	8h	0.4574	−0.044%	$86.1M	$303.4M	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	0.4573	−0.066%	$65.6M	$82.9M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4574	−0.044%	$34.2M	$143.4M	50x	as long as short
Gate WLD_USDTlong	+0.0100%	8h	0.4576	long leg	$7.4M	$35.9M	75x
MEXC WLD_USDT	+0.0100%	8h	0.4577	+0.022%	$45.7M	$53.3M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4574	−0.044%	$30.2M	$26.0M	75x	as long as short
BingX WLD-USDC	+0.0100%	8h	0.4576	0.000%	—	$1.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4577	+0.033%	$136K	$284K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4575	−0.025%	$2.0M	$1.7M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4588	+0.271%	$27K	$318K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4571	−0.114%	$604K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4601	+0.546%	$55K	$228K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4578	+0.035%	$48K	$1.6M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4583	+0.153%	$23K	$1.5M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4573	−0.066%	$210	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4577	+0.022%	$852K	$1.8M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4571	−0.109%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4573	−0.074%	$233K	$845K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4575	−0.013%	$31K	$5K	3x	as long as short
Phoenix WLD	+0.0104%	1h	0.4602	+0.577%	$5K	$53K	10x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4575	−0.025%	—	—	20x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4585	+0.197%	$4.8M	$821K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0229% / S −0.1268%	1h	0.4576	−0.010%	$5K	—	100x	as long as short
01 Exchange WLDUSD	+0.0248%	1h	0.4579	+0.059%	$328	$77	5x	as long as short
Injective WLD/USDC PERP	+0.0373%	1h	0.4585	+0.197%	$6K	$185K	5.5x	as long as short
Coinbase International WLD-PERP-INTX	+0.0440%	1h	0.4588	+0.262%	$272K	$1.6M	50x	as long as short
Hyperliquid WLD	+0.0455%	1h	0.4584	+0.170%	$50.8M	$43.8M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.0719%	1h	0.4576	−0.003%	$901K	$2.7M	50x	as long as short
Lighter WLD	+0.1304%	1h	0.4584	+0.184%	$5.2M	$2.0M	10x	as long as short