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 +0.012%

Price spread now: Aster against GRVT−0.453%7-day average −0.002% · you buy dearer than you sell

Net, funding: paid 7d − costs−$51as in the Funding arb table

Net, price: spread back to 7d avg − costs−$92as in the Price arb table

costs, in and out, $10k−$470.468% of the position

Long on GRVT Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.044%−$4 on $10k

Price spread, last 3 days (all we have)+0.130%+$13 · spread now −0.453%, 7d avg −0.002%

Together, before fees+0.085%+ Points / potential airdropGRVT: Active · Aster: Stage 5 · farm board+$9 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: Aster is 0.452% cheaper against GRVT than usual: you would sell low and buy high, −$45 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	GRVT WLD_USDT_Perp	0.4539	0.0100	pay 0.0100% / 8h	2h 13m	$609K	$1.9M	10x
Short	Aster WLDUSDT	0.4518	0.0100	get 0.0100% / 8h	2h 13m	$214K	$982K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against GRVT. 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 GRVTbpFee AsterbpOrdersPrice spread, now −0.453%Rate

Funding earned: $0
Price spread: −0.453% → −0.002%: −$45.15
Slippage, 4 orders: −$29.84
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Aster: 4 bp × 2 orders: −$8
Net: −$92
Costs to cover: 0.468%
Break-even: never at this rate

Slippage from GRVT: live order book, 5 min ago; Aster: live order book, 10 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 GRVT live order book, 5 min ago	1.10 bp	9.5 bp −$9	34.8 bp −$348	2177.0 bp −$217.7K	doesn't fit
Sell Aster live order book, 10 min ago	2.20 bp	12.5 bp −$13	33.1 bp −$331	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	−0.0482%	8h	0.4519	−0.441%	$45K	$3.8M	1.7x	as long as short
Orderly PERP_WLD_USDC	−0.0019%	8h	0.4516	−0.507%	$27K	$916K	10x	as long as short
KuCoin WLDUSDTM	−0.0002%	8h	0.4511	−0.617%	$7.0M	$10.7M	50x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4520	−0.424%	$154K	$6K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4518	−0.463%	$122K	$911K	25x	as long as short
Variational Omni WLD	+0.0001%	8h	0.4531	−0.170%	$2.1M	$1.6M	—	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4518	−0.473%	$56K	—	150x	as long as short
Nado WLD-PERP	+0.0035%	1h	0.4520	−0.424%	$270K	$168K	5x	as long as short
Phoenix WLD	+0.0052%	1h	0.4542	+0.064%	$5K	$52K	10x	as long as short
OKX WLD-USDT-SWAP	+0.0080%	8h	0.4515	−0.529%	$33.7M	$137.3M	50x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC WLD_USDT	+0.0088%	8h	0.4514	−0.551%	$52.2M	$48.0M	300x	as long as short
Binance WLDUSDT	+0.0089%	8h	0.4515	−0.529%	$84.8M	$293.0M	75x	as long as short
Hyperliquid WLD	+0.0100%	1h	0.4517	−0.474%	$46.3M	$41.2M	10x	as long as short
Aster WLDUSDTshort	+0.0100%	8h	0.4518	−0.453%	$214K	$982K	50x
Pacifica WLD	+0.0100%	1h	0.4520	−0.409%	$51K	$482K	5x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4515	−0.529%	$64.4M	$80.4M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4513	−0.573%	$7.3M	$34.8M	75x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4514	−0.551%	$30.0M	$25.1M	75x	as long as short
BingX WLD-USDT	+0.0100%	8h	0.4514	−0.551%	—	$68.0M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4517	−0.489%	$128K	$269K	10x	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4531	−0.178%	$27K	$317K	20x	as long as short
GRVT WLD_USDT_Perplong	+0.0100%	8h	0.4539	long leg	$609K	$1.9M	10x
ApeX Omni WLDUSDT	+0.0100%	1h	0.4533	−0.132%	$54K	$226K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4517	−0.482%	$51K	$1.7M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4522	−0.375%	$22K	$1.5M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4514	−0.551%	$197	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4516	−0.507%	$852K	$1.8M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4515	−0.529%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4515	−0.527%	$132K	$745K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4516	−0.503%	$31K	$5K	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4515	−0.522%	—	—	20x	as long as short
BloFin WLD-USDT	+0.0209%	8h	0.4518	−0.463%	$4.9M	$808K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0216% / S −0.1712%	1h	0.4516	−0.496%	$9K	—	100x	as long as short
01 Exchange WLDUSD	+0.0320%	1h	0.4524	−0.330%	$324	$77	5x	as long as short
Injective WLD/USDC PERP	+0.0374%	1h	0.4542	+0.066%	$6K	$185K	5.5x	as long as short
Coinbase International WLD-PERP-INTX	+0.0400%	1h	0.4533	−0.132%	$278K	$1.6M	50x	as long as short
Lighter WLD	+0.0960%	1h	0.4525	−0.300%	$5.1M	$2.1M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.1104%	1h	0.4518	−0.453%	$920K	$2.6M	50x	as long as short