Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.014%

Price spread now: Binance against HTX+0.037%7-day average +0.155% · you sell dearer than you buy

Net, funding: paid 7d − costs−$79as in the Funding arb table

Net, price: spread back to 7d avg − costs−$85as in the Price arb table

costs, in and out, $10k−$740.736% of the position

Long on HTX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.058%−$6 on $10k

Price spread, last 4 days (all we have)+0.182%+$18 · spread now +0.037%, 7d avg +0.155%

Together, before fees+0.123%+$12 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: Binance is 0.118% cheaper against HTX than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of +0.155%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX WLD-USDT	0.4482	0.0100	pay 0.0100% / 8h	24m 05s	$820K	$1.5M	50x
Short	Binance WLDUSDT	0.4484	0.0100	get 0.0100% / 8h	24m 05s	$85.9M	$334.0M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against HTX. 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 HTXbpFee BinancebpOrdersPrice spread, now +0.037%Rate

Funding earned: $0
Price spread: +0.037% → +0.155%: −$11.8
Slippage, 4 orders: −$51.63
Fee HTX: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$85.43
Costs to cover: 0.736%
Break-even: never at this rate

Slippage from HTX: live order book, 5 min ago; Binance: live order book, 5 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 HTX live order book, 5 min ago	8.90 bp	41.2 bp −$41	183.7 bp −$1,837	doesn't fit	doesn't fit
Sell Binance live order book, 5 min ago	1.11 bp	6.4 bp −$6	12.7 bp −$127	51.3 bp −$5,129	172.5 bp −$86.2K

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
Injective WLD/USDC PERP	−0.0309%	1h	0.4531	+1.093%	$6K	$185K	5.5x	as long as short
Nado WLD-PERP	−0.0038%	1h	0.4486	+0.100%	$234K	$175K	5x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4485	+0.069%	$153K	$32K	10x	as long as short
Kalshi KXWLDPERP	0.0000%	8h	0.4483	+0.022%	$64K	$4.6M	1.7x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4485	+0.067%	$135K	$986K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4485	+0.063%	$65K	—	150x	as long as short
Orderly PERP_WLD_USDC	+0.0099%	8h	0.4483	+0.022%	$27K	$699K	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4486	+0.089%	$222K	$1.0M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4487	+0.112%	$53K	$542K	5x	as long as short
Binance WLDUSDTshort	+0.0100%	8h	0.4484	+0.037%	$85.9M	$334.0M	75x

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit WLDUSDT	+0.0100%	8h	0.4481	−0.022%	$63.4M	$89.7M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4483	+0.022%	$33.9M	$150.2M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4484	+0.045%	$7.0M	$35.8M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4484	+0.045%	$40.9M	$56.7M	300x	as long as short
KuCoin WLDUSDTM	+0.0100%	8h	0.4483	+0.022%	$6.6M	$11.6M	50x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4484	+0.045%	$29.5M	$30.9M	75x	as long as short
BingX WLD-USDC	+0.0100%	8h	0.4484	+0.045%	—	$1.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4485	+0.058%	$131K	$299K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4484	+0.037%	$2.0M	$1.6M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4505	+0.511%	$27K	$319K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4503	+0.468%	$593K	$2.1M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4504	+0.491%	$48K	$238K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4486	+0.098%	$49K	$2.7M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4489	+0.156%	$22K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4483	+0.022%	$221	$5K	10x	as long as short
HTX WLD-USDTlong	+0.0100%	8h	0.4482	long leg	$820K	$1.5M	50x
Phemex WLDUSDT	+0.0100%	8h	0.4484	+0.045%	$1.7M	$3.6M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4481	−0.015%	$207K	$880K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4485	+0.058%	$30K	$500	3x	as long as short
Lighter WLD	+0.0112%	1h	0.4489	+0.154%	$4.9M	$2.9M	10x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4482	−0.008%	—	—	20x	as long as short
Phoenix WLD	+0.0177%	1h	0.4491	+0.207%	$4K	$43K	10x	as long as short
01 Exchange WLDUSD	+0.0208%	1h	0.4490	+0.185%	$321	$55	5x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0219% / S −0.0967%	1h	0.4484	+0.043%	$4K	—	100x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4488	+0.134%	$4.8M	$905K	75x	as long as short
Hyperliquid WLD	+0.0384%	1h	0.4489	+0.152%	$49.9M	$43.2M	10x	as long as short
Coinbase International WLD-PERP-INTX	+0.0448%	1h	0.4491	+0.201%	$268K	$1.6M	50x	as long as short
Kraken Futures PF_WLDUSD	+0.0460%	1h	0.4486	+0.085%	$859K	$2.8M	50x	as long as short