Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0180%/8h= +19.7% APRpaid last 24h −0.015%

Price spread now: 01 Exchange against Gate+0.046%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Gate Short on 01 Exchange

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and 01 Exchange is 0.046% dearer against Gate than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate WLD_USDT	0.4524	0.0100	pay 0.0100% / 8h	3h 12m	$7.2M	$36.7M	75x
Short	01 Exchange WLDUSD	0.4526	0.0280	get 0.0035% / 1h	12m 51s	$324	$55	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange 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 01 ExchangebpOrdersPrice spread, now +0.046%Rate

Funding earned: $37.8
Price spread: +0.046% → 0.000%: $4.64
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: $20.44
Costs to cover: 0.220%
Break-even: 3.2 days

Slippage unknown: Gate: live order book, 1 min ago; 01 Exchange: no order-book sample. Net counts fees only.

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, 1 min ago	1.10 bp	12.0 bp −$12	31.7 bp −$317	54.2 bp −$5,420	121.6 bp −$60.8K
Sell 01 Exchange no order-book sample	—	—	—	—	—

01 Exchange: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Nado WLD-PERP	−0.0025%	1h	0.4527	+0.066%	$240K	$205K	5x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4528	+0.081%	$154K	$33K	10x	as long as short
Kalshi KXWLDPERP	0.0000%	8h	0.4527	+0.066%	$65K	$4.7M	1.7x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4528	+0.088%	$118K	$988K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4528	+0.083%	$65K	—	150x	as long as short
KuCoin WLDUSDTM	+0.0032%	8h	0.4524	0.000%	$6.8M	$11.8M	50x	as long as short
Orderly PERP_WLD_USDC	+0.0099%	8h	0.4527	+0.066%	$28K	$868K	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4526	+0.048%	$211K	$1.1M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4528	+0.079%	$50K	$526K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4525	+0.022%	$86.2M	$331.7M	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	0.4524	0.000%	$64.3M	$90.2M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4524	0.000%	$34.2M	$151.1M	50x	as long as short
Gate WLD_USDTlong	+0.0100%	8h	0.4524	long leg	$7.2M	$36.7M	75x
MEXC WLD_USDT	+0.0100%	8h	0.4524	0.000%	$40.5M	$55.4M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4522	−0.044%	$29.8M	$30.2M	75x	as long as short
BingX WLD-USDC	+0.0100%	8h	0.4524	0.000%	—	$1.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4526	+0.049%	$134K	$304K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4533	+0.192%	$2.1M	$1.7M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4538	+0.311%	$27K	$321K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4539	+0.332%	$602K	$2.0M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4544	+0.442%	$48K	$241K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4526	+0.033%	$41K	$2.2M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4532	+0.177%	$23K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4526	+0.044%	$207	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4529	+0.111%	$828K	$1.8M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4528	+0.088%	$1.8M	$3.6M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4523	−0.029%	$214K	$984K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4527	+0.066%	$31K	$600	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4526	+0.050%	—	—	20x	as long as short
Injective WLD/USDC PERP	+0.0142%	1h	0.4538	+0.309%	$6K	$185K	5.5x	as long as short
Phoenix WLD	+0.0157%	1h	0.4532	+0.186%	$5K	$52K	10x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4524	0.000%	$4.8M	$878K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0229% / S −0.1268%	1h	0.4528	+0.080%	$5K	—	100x	as long as short
01 Exchange WLDUSDshort	+0.0280%	1h	0.4526	+0.046%	$324	$55	5x
Hyperliquid WLD	+0.0333%	1h	0.4528	+0.099%	$49.4M	$43.7M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.0524%	1h	0.4528	+0.087%	$869K	$2.9M	50x	as long as short
Coinbase International WLD-PERP-INTX	+0.0560%	1h	0.4532	+0.177%	$263K	$1.6M	50x	as long as short
Lighter WLD	+0.0776%	1h	0.4528	+0.095%	$4.9M	$2.9M	10x	as long as short