Settings8H · net · $10k
Funding arb · Price arb /

WLD

all WLD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.042%
Price spread now: BloFin against GRVT+0.322%7-day average +0.072% · you sell dearer than you buy
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$500.496% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.164%+$16 on $10k
Price spread, last 3 days (all we have)−0.095%−$10 · spread now +0.322%, 7d avg +0.072%
Together, before fees+0.069%+ Points / potential airdropGRVT: Active · farm board+$7 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.250% dearer against GRVT than usual: you sell high and buy low: +$25 more if the spread goes back to its 7-day average of +0.072%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT WLD_USDT_Perp0.46120.0100pay 0.0100% / 8h7h 39m$609K$1.9M10x
ShortBloFin WLD-USDT0.46270.0220get 0.0220% / 8h7h 39m$4.9M$831K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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

Funding earned
$25.2
Price spread: +0.322% → +0.072%
$24.97
Slippage, 4 orders
−$28.59
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee BloFin: 6 bp × 2 orders
−$12
Net
$0.57
Costs to cover
0.496%
Break-even
6.8 days
Slippage from GRVT: live order book, 4 min ago; BloFin: 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 GRVT live order book, 4 min ago1.09 bp20.7 bp −$2130.4 bp −$3041269.9 bp −$127.0Kdoesn't fit
Sell BloFin live order book, 4 min ago3.25 bp9.8 bp −$1012.7 bp −$12751.0 bp −$5,104132.0 bp −$66.0K

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−0.0188%8h0.4629+0.365%$58K$3.9M1.7xas long as short
Nado WLD-PERP−0.0027%1h0.4627+0.333%$279K$169K5xas long as short
KuCoin WLDUSDTM−0.0014%8h0.4621+0.192%$7.0M$11.1M50xas long as short
dYdX WLD-USD0.0000%1h0.4631+0.415%$165K$13K10xas long as short
Deribit WLD_USDC-PERPETUAL0.0000%1h0.4625+0.279%$124K$863K25xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4625+0.281%$57K150xas long as short
Injective WLD/USDC PERP+0.0038%1h0.4597−0.328%$6K$185K5.5xas long as short
Orderly PERP_WLD_USDC+0.0042%8h0.4624+0.257%$28K$903K10xas long as short
Aster WLDUSDT+0.0100%8h0.4628+0.340%$193K$984K50xas long as short
Pacifica WLD+0.0100%1h0.4633+0.452%$54K$482K5xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance WLDUSDT+0.0100%8h0.4628+0.344%$87.6M$304.1M75xas long as short
Bybit WLDUSDT+0.0100%8h0.4628+0.344%$66.5M$82.3M50xas long as short
OKX WLD-USDT-SWAP+0.0100%8h0.4627+0.322%$34.7M$144.7M50xas long as short
Gate WLD_USDT+0.0100%8h0.4626+0.300%$7.6M$35.3M75xas long as short
MEXC WLD_USDT+0.0100%8h0.4627+0.322%$47.1M$53.3M300xas long as short
Bitget WLDUSDT+0.0100%8h0.4626+0.300%$30.7M$26.1M75xas long as short
BingX WLD-USDT+0.0100%8h0.4626+0.300%$67.1Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4628+0.339%$138K$280K10xas long as short
Variational Omni WLD+0.0100%8h0.4618+0.122%$2.1M$1.7Mas long as short
edgeX WLDUSDC+0.0100%4h0.4618+0.128%$27K$316K20xas long as short
GRVT WLD_USDT_Perplong+0.0100%8h0.4612long leg$609K$1.9M10x
ApeX Omni WLDUSDT+0.0100%1h0.4622+0.214%$54K$229K50xas long as short
Polymarket Perps WLD-USD+0.0100%1h0.4627+0.331%$56K$1.6M10xas long as short
SunX WLD-USDT+0.0100%8h0.4629+0.365%$23K$1.5M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4623+0.235%$215$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4628+0.344%$861K$1.8M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4621+0.192%$1.8M$3.7M50xas long as short
Extended WLD-USD+0.0104%1h0.4621+0.193%$234K$847K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4624+0.264%$31K$6003xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4624+0.253%20xas long as short
Phoenix WLD+0.0157%1h0.4615+0.068%$5K$53K10xas long as short
BloFin WLD-USDTshort+0.0220%8h0.4627+0.322%$4.9M$831K75x
GMX WLD/USD [ETH-USDC]L +0.0229% / S −0.1268%1h0.4626+0.294%$5K100xas long as short
01 Exchange WLDUSD+0.0248%1h0.4632+0.435%$331$775xas long as short
Kraken Futures PF_WLDUSD+0.0326%1h0.4626+0.291%$911K$2.7M50xas long as short
Coinbase International WLD-PERP-INTX+0.0448%1h0.4630+0.387%$274K$1.7M50xas long as short
Hyperliquid WLD+0.0728%1h0.4633+0.463%$51.6M$43.4M10xas long as short
Lighter WLD+0.0936%1h0.4632+0.437%$5.2M$2.0M10xas long as short