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 +0.020%

Price spread now: edgeX against GRVT−0.156%7-day average −0.028% · you buy dearer than you sell

Net, funding: paid 7d − costs−$38as in the Funding arb table

Net, price: spread back to 7d avg − costs−$53as in the Price arb table

costs, in and out, $10k−$400.401% of the position

Long on GRVT Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.020%+$2 on $10k

Price spread, last 3 days (all we have)+0.160%+$16 · spread now −0.156%, 7d avg −0.028%

Together, before fees+0.180%+ Points / potential airdropGRVT: Active · edgeX: Active · farm board+$18 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: edgeX is 0.127% cheaper against GRVT than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of −0.028%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT WLD_USDT_Perp	0.4592	0.0100	pay 0.0100% / 8h	1h 22m	$617K	$1.9M	10x
Short	edgeX WLDUSDC	0.4585	0.0100	get 0.0050% / 4h	1h 22m	$27K	$315K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now −0.156%Rate

Funding earned: $0
Price spread: −0.156% → −0.028%: −$12.73
Slippage, 4 orders: −$22.14
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$52.86
Costs to cover: 0.401%
Break-even: never at this rate

Slippage from GRVT: live order book, 1 min ago; edgeX: live order book, 61 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, 1 min ago	1.09 bp	6.6 bp −$7	37.6 bp −$376	953.2 bp −$95.3K	doesn't fit
Sell edgeX live order book, 61 min ago	4.40 bp	8.9 bp −$9	18.3 bp −$183	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	−0.0324%	8h	0.4577	−0.322%	$61K	$3.8M	1.7x	as long as short
Injective WLD/USDC PERP	−0.0079%	1h	0.4623	+0.679%	$6K	$185K	5.5x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4576	−0.341%	$163K	$13K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4574	−0.388%	$108K	$900K	25x	as long as short
Orderly PERP_WLD_USDC	+0.0001%	8h	0.4579	−0.279%	$28K	$913K	10x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4580	−0.253%	$57K	—	150x	as long as short
KuCoin WLDUSDTM	+0.0004%	8h	0.4575	−0.366%	$7.0M	$10.8M	50x	as long as short
Nado WLD-PERP	+0.0054%	1h	0.4577	−0.322%	$276K	$169K	5x	as long as short
Variational Omni WLD	+0.0074%	8h	0.4588	−0.084%	$2.1M	$1.6M	—	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4578	−0.290%	$200K	$986K	50x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica WLD	+0.0100%	1h	0.4577	−0.313%	$53K	$481K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4580	−0.261%	$86.6M	$297.4M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4580	−0.257%	$65.6M	$82.1M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4579	−0.279%	$34.2M	$141.6M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4577	−0.322%	$7.4M	$35.3M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4578	−0.301%	$49.0M	$51.9M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4577	−0.322%	$30.2M	$25.5M	75x	as long as short
BingX WLD-USDC	+0.0100%	8h	0.4579	−0.279%	—	$1.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4573	−0.416%	$129K	$270K	10x	as long as short
edgeX WLDUSDCshort	+0.0100%	4h	0.4585	−0.156%	$27K	$315K	20x
GRVT WLD_USDT_Perplong	+0.0100%	8h	0.4592	long leg	$617K	$1.9M	10x
ApeX Omni WLDUSDT	+0.0100%	1h	0.4588	−0.083%	$55K	$227K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4579	−0.285%	$48K	$1.6M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4581	−0.235%	$23K	$1.5M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4573	−0.409%	$199	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4577	−0.322%	$864K	$1.8M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4574	−0.388%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4577	−0.319%	$240K	$855K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4574	−0.388%	$31K	$5K	3x	as long as short
Phoenix WLD	+0.0124%	1h	0.4587	−0.100%	$5K	$53K	10x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4576	−0.346%	—	—	20x	as long as short
Kraken Futures PF_WLDUSD	+0.0186%	1h	0.4578	−0.300%	$907K	$2.6M	50x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4572	−0.431%	$4.9M	$813K	75x	as long as short
01 Exchange WLDUSD	+0.0248%	1h	0.4582	−0.218%	$328	$77	5x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0260% / S −0.2221%	1h	0.4579	−0.282%	$9K	—	100x	as long as short
Coinbase International WLD-PERP-INTX	+0.0424%	1h	0.4583	−0.192%	$270K	$1.6M	50x	as long as short
Hyperliquid WLD	+0.0786%	1h	0.4583	−0.200%	$49.8M	$43.1M	10x	as long as short
Lighter WLD	+0.0944%	1h	0.4587	−0.096%	$5.2M	$2.1M	10x	as long as short