Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0097%/8h= −10.6% APRpaid last 24h −0.029%

Price spread now: gTrade (Gains Network) against HTX+0.039%7-day average — · you sell dearer than you buy

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

Long on HTX Short on gTrade (Gains Network)

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—needs both histories

The price spread pays, funding is against you. gTrade (Gains Network) is 0.039% dearer against HTX than usual: you sell high and buy low (spread +0.039% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 32 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX WLD-USDT	0.4511	0.0100	pay 0.0100% / 8h	2h 20m	$826K	$1.7M	50x
Short	gTrade (Gains Network) WLD/USD	0.4513	L +0.0003% / S −0.0003%	get 0.0000% / 1h	20m 38s	$65K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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 gTrade (Gains Network)bpOrdersPrice spread, now +0.039%Rate

Funding earned: −$20.42
Price spread: +0.039% → 0.000%: $3.95
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$38.48
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: HTX: live order book, 3 min ago; gTrade (Gains Network): 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 HTX live order book, 3 min ago	13.40 bp	37.1 bp −$37	274.7 bp −$2,747	doesn't fit	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): 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
Nado WLD-PERP	−0.0056%	1h	0.4514	+0.067%	$242K	$207K	5x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4522	+0.237%	$154K	$33K	10x	as long as short
Kalshi KXWLDPERP	0.0000%	8h	0.4512	+0.022%	$59K	$4.8M	1.7x	as long as short
gTrade (Gains Network) WLD/USDshort	L +0.0003% / S −0.0003%	1h	0.4513	+0.039%	$65K	—	150x
01 Exchange WLDUSD	+0.0040%	1h	0.4522	+0.255%	$324	$55	5x	as long as short
Polymarket Perps WLD-USD	+0.0047%	1h	0.4513	+0.040%	$43K	$2.4M	10x	as long as short
KuCoin WLDUSDTM	+0.0050%	8h	0.4521	+0.222%	$6.7M	$11.9M	50x	as long as short
Lighter WLD	+0.0096%	1h	0.4528	+0.368%	$4.9M	$2.9M	10x	as long as short
Orderly PERP_WLD_USDC	+0.0098%	8h	0.4510	−0.022%	$28K	$798K	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4519	+0.178%	$225K	$1.1M	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	0.4523	+0.266%	$50K	$542K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4523	+0.266%	$86.1M	$338.2M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4521	+0.222%	$64.4M	$91.5M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4522	+0.244%	$34.2M	$153.8M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4524	+0.288%	$7.4M	$37.4M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4525	+0.310%	$39.0M	$55.9M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4524	+0.288%	$29.8M	$30.9M	75x	as long as short
BingX WLD-USDT	+0.0100%	8h	0.4524	+0.288%	—	$70.1M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4511	−0.002%	$134K	$300K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4510	−0.029%	$2.0M	$1.7M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4484	−0.609%	$27K	$320K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4491	−0.448%	$599K	$2.0M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4482	−0.643%	$48K	$240K	50x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4514	+0.067%	$22K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4508	−0.067%	$205	$5K	10x	as long as short
HTX WLD-USDTlong	+0.0100%	8h	0.4511	long leg	$826K	$1.7M	50x
Phemex WLDUSDT	+0.0100%	8h	0.4508	−0.067%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4523	+0.271%	$221K	$999K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4510	−0.014%	$31K	$600	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4514	+0.072%	—	—	20x	as long as short
Phoenix WLD	+0.0142%	1h	0.4514	+0.075%	$5K	$52K	10x	as long as short
Injective WLD/USDC PERP	+0.0176%	1h	0.4513	+0.044%	$6K	$185K	5.5x	as long as short
Deribit WLD_USDC-PERPETUAL	+0.0194%	1h	0.4511	0.000%	$144K	$1.0M	25x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0219% / S −0.0967%	1h	0.4511	+0.004%	$4K	—	100x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4507	−0.089%	$4.8M	$915K	75x	as long as short
Hyperliquid WLD	+0.0253%	1h	0.4527	+0.357%	$48.9M	$44.0M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.0503%	1h	0.4510	−0.031%	$858K	$2.9M	50x	as long as short
Coinbase International WLD-PERP-INTX	+0.0536%	1h	0.4518	+0.155%	$275K	$1.7M	50x	as long as short