Funding arb · Price arb /

WLD

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: SoDEX against GRVT+0.022%7-day average — · you sell dearer than you buy

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

Long on GRVT Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropGRVT: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SoDEX is 0.022% dearer against GRVT than usual: you sell high and buy low, +$2 on $10k if it 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	GRVT WLD_USDT_Perp	0.4596	0.0100	pay 0.0100% / 8h	4h 25m	$608K	$1.9M	10x
Short	SoDEX WLD-USD	0.4597	0.0100	get 0.0013% / 1h	25m 06s	$176	$5K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now +0.022%Rate

Funding earned: $0
Price spread: +0.022% → 0.000%: $2.18
Slippage, 4 orders: no order book: not counted
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$14.82
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: GRVT: live order book, 3 min ago; SoDEX: 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 GRVT live order book, 3 min ago	2.17 bp	12.4 bp −$12	20.4 bp −$204	194.9 bp −$19.5K	doesn't fit
Sell SoDEX no order-book sample	—	—	—	—	—

SoDEX: 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
Kalshi KXWLDPERP	−0.0101%	8h	0.4592	−0.087%	$39K	$4.6M	1.7x	as long as short
Nado WLD-PERP	−0.0041%	1h	0.4595	−0.022%	$243K	$205K	5x	as long as short
KuCoin WLDUSDTM	−0.0013%	8h	0.4595	−0.022%	$7.0M	$11.6M	50x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4589	−0.151%	$157K	$33K	10x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4595	−0.026%	$67K	—	150x	as long as short
Injective WLD/USDC PERP	+0.0014%	1h	0.4544	−1.131%	$6K	$185K	5.5x	as long as short
Orderly PERP_WLD_USDC	+0.0093%	8h	0.4596	0.000%	$28K	$886K	10x	as long as short
Lighter WLD	+0.0096%	1h	0.4597	+0.026%	$5.0M	$2.4M	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4601	+0.110%	$211K	$1.1M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4591	−0.099%	$49K	$527K	5x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance WLDUSDT	+0.0100%	8h	0.4593	−0.059%	$87.1M	$328.3M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4590	−0.131%	$65.3M	$89.2M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4588	−0.174%	$34.4M	$150.0M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4589	−0.152%	$7.2M	$37.0M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4589	−0.152%	$44.0M	$54.3M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4586	−0.218%	$30.3M	$30.3M	75x	as long as short
BingX WLD-USDC	+0.0100%	8h	0.4588	−0.174%	—	$1.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4591	−0.117%	$136K	$299K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4590	−0.138%	$2.2M	$1.7M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4592	−0.081%	$27K	$318K	20x	as long as short
GRVT WLD_USDT_Perplong	+0.0100%	8h	0.4596	long leg	$608K	$1.9M	10x
ApeX Omni WLDUSDT	+0.0100%	1h	0.4591	−0.109%	$43K	$239K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4593	−0.057%	$47K	$2.1M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4599	+0.065%	$23K	$1.6M	50x	as long as short
SoDEX WLD-USDshort	+0.0100%	1h	0.4597	+0.022%	$176	$5K	10x
HTX WLD-USDT	+0.0100%	8h	0.4583	−0.283%	$838K	$1.8M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4593	−0.065%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4595	−0.026%	$221K	$981K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4597	+0.022%	$31K	$600	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4596	+0.004%	—	—	20x	as long as short
01 Exchange WLDUSD	+0.0144%	1h	0.4596	−0.007%	$329	$80	5x	as long as short
Phoenix WLD	+0.0158%	1h	0.4598	+0.037%	$5K	$52K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	+0.0185%	1h	0.4597	+0.022%	$119K	$942K	25x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4594	−0.044%	$4.8M	$835K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0229% / S −0.1268%	1h	0.4595	−0.031%	$5K	—	100x	as long as short
Hyperliquid WLD	+0.0323%	1h	0.4593	−0.059%	$50.5M	$43.3M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.0477%	1h	0.4598	+0.041%	$889K	$2.8M	50x	as long as short
Coinbase International WLD-PERP-INTX	+0.0496%	1h	0.4608	+0.261%	$270K	$1.7M	50x	as long as short