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% APRnext payment +$0.00 per $10,000 · paid last 24h +0.019%

Price spread now: Gate against HTX−0.022%7-day average +0.160% · you buy dearer than you sell

Net, funding: paid 7d − costs−$129as in the Funding arb table

Net, price: spread back to 7d avg − costs−$138as in the Price arb table

costs, in and out, $10k−$1201.199% of the position

Long on HTX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.087%−$9 on $10k

Price spread, last 3 days (all we have)+0.186%+$19 · spread now −0.022%, 7d avg +0.160%

Together, before fees+0.099%+$10 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: Gate is 0.182% cheaper against HTX than usual: you would sell low and buy high, −$18 on $10k if it goes back to its 7-day average of +0.160%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX WLD-USDT	0.4577	0.0100	pay 0.0100% / 8h	11m 09s	$852K	$1.8M	50x
Short	Gate WLD_USDT	0.4576	0.0100	get 0.0100% / 8h	11m 09s	$7.5M	$35.9M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.022%Rate

Funding earned: $0
Price spread: −0.022% → +0.160%: −$18.22
Slippage, 4 orders: −$92.92
Fee HTX: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$138.14
Costs to cover: 1.199%
Break-even: never at this rate

Slippage from HTX: live order book, 3 min ago; Gate: live order book, 3 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, 3 min ago	14.18 bp	56.8 bp −$57	344.1 bp −$3,441	doesn't fit	doesn't fit
Sell Gate live order book, 3 min ago	3.27 bp	15.0 bp −$15	30.5 bp −$305	45.0 bp −$4,501	129.4 bp −$64.7K

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	−0.0188%	8h	0.4584	+0.153%	$65K	$3.9M	1.7x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4579	+0.052%	$163K	$13K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4579	+0.044%	$122K	$897K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4578	+0.027%	$56K	—	150x	as long as short
KuCoin WLDUSDTM	+0.0006%	8h	0.4575	−0.044%	$6.9M	$11.0M	50x	as long as short
Orderly PERP_WLD_USDC	+0.0034%	8h	0.4578	+0.022%	$28K	$907K	10x	as long as short
Nado WLD-PERP	+0.0035%	1h	0.4575	−0.055%	$275K	$169K	5x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4581	+0.090%	$192K	$1.0M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4579	+0.041%	$53K	$483K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4577	+0.005%	$86.2M	$303.4M	75x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit WLDUSDT	+0.0100%	8h	0.4578	+0.022%	$65.7M	$82.8M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4577	0.000%	$34.2M	$143.5M	50x	as long as short
Gate WLD_USDTshort	+0.0100%	8h	0.4576	−0.022%	$7.5M	$35.9M	75x
MEXC WLD_USDT	+0.0100%	8h	0.4579	+0.044%	$45.8M	$53.3M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4578	+0.022%	$30.2M	$26.0M	75x	as long as short
BingX WLD-USDT	+0.0100%	8h	0.4577	0.000%	—	$67.1M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4579	+0.039%	$136K	$283K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4578	+0.018%	$2.0M	$1.7M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4587	+0.227%	$27K	$315K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4581	+0.086%	$605K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4588	+0.240%	$55K	$229K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4580	+0.070%	$48K	$1.6M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4583	+0.131%	$23K	$1.5M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4578	+0.022%	$214	$5K	10x	as long as short
HTX WLD-USDTlong	+0.0100%	8h	0.4577	long leg	$852K	$1.8M	50x
Phemex WLDUSDT	+0.0100%	8h	0.4578	+0.022%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4577	−0.003%	$233K	$845K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4579	+0.041%	$31K	$5K	3x	as long as short
Phoenix WLD	+0.0104%	1h	0.4602	+0.555%	$5K	$53K	10x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4576	−0.014%	—	—	20x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4579	+0.044%	$4.8M	$822K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0229% / S −0.1268%	1h	0.4579	+0.039%	$5K	—	100x	as long as short
01 Exchange WLDUSD	+0.0256%	1h	0.4580	+0.055%	$328	$77	5x	as long as short
Injective WLD/USDC PERP	+0.0373%	1h	0.4585	+0.175%	$6K	$185K	5.5x	as long as short
Coinbase International WLD-PERP-INTX	+0.0440%	1h	0.4584	+0.153%	$272K	$1.6M	50x	as long as short
Hyperliquid WLD	+0.0467%	1h	0.4585	+0.184%	$50.8M	$43.8M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.0718%	1h	0.4581	+0.097%	$902K	$2.7M	50x	as long as short
Lighter WLD	+0.1296%	1h	0.4588	+0.232%	$5.2M	$2.0M	10x	as long as short