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 −0.020%

Price spread now: GRVT against HTX−0.127%7-day average +0.181% · you buy dearer than you sell

Net, funding: paid 7d − costs−$98as in the Funding arb table

Net, price: spread back to 7d avg − costs−$132as in the Price arb table

costs, in and out, $10k−$1011.011% of the position

Long on HTX Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days+0.031%+$3 on $10k

Price spread, last 3 days (all we have)+0.241%+$24 · spread now −0.127%, 7d avg +0.181%

Together, before fees+0.272%+ Points / potential airdropGRVT: Active · farm board+$27 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: GRVT is 0.307% cheaper against HTX than usual: you would sell low and buy high, −$31 on $10k if it goes back to its 7-day average of +0.181%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX WLD-USDT	0.4618	0.0100	pay 0.0100% / 8h	7h 41m	$859K	$1.8M	50x
Short	GRVT WLD_USDT_Perp	0.4612	0.0100	get 0.0100% / 8h	7h 41m	$609K	$1.9M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now −0.127%Rate

Funding earned: $0
Price spread: −0.127% → +0.181%: −$30.74
Slippage, 4 orders: −$80.05
Fee HTX: 6 bp × 2 orders: −$12
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$131.79
Costs to cover: 1.011%
Break-even: never at this rate

Slippage from HTX: live order book, 3 min ago; GRVT: live order book, 2 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	10.85 bp	51.5 bp −$52	302.5 bp −$3,025	doesn't fit	doesn't fit
Sell GRVT live order book, 2 min ago	1.09 bp	9.8 bp −$10	32.0 bp −$320	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	−0.0190%	8h	0.4619	+0.022%	$64K	$3.9M	1.7x	as long as short
Nado WLD-PERP	−0.0032%	1h	0.4620	+0.038%	$278K	$169K	5x	as long as short
KuCoin WLDUSDTM	−0.0012%	8h	0.4616	−0.043%	$7.0M	$11.1M	50x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4619	+0.025%	$165K	$13K	10x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4620	+0.047%	$57K	—	150x	as long as short
Injective WLD/USDC PERP	+0.0038%	1h	0.4597	−0.455%	$6K	$185K	5.5x	as long as short
Orderly PERP_WLD_USDC	+0.0041%	8h	0.4619	+0.022%	$28K	$903K	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4621	+0.058%	$193K	$984K	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4621	+0.073%	$54K	$483K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4620	+0.045%	$87.5M	$304.1M	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	0.4620	+0.043%	$66.3M	$82.4M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4619	+0.022%	$34.6M	$144.4M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4619	+0.022%	$7.5M	$35.2M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4620	+0.043%	$47.0M	$53.3M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4621	+0.065%	$30.6M	$26.1M	75x	as long as short
BingX WLD-USDC	+0.0100%	8h	0.4620	+0.043%	—	$1.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4624	+0.134%	$137K	$280K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4618	−0.005%	$2.1M	$1.7M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4607	−0.244%	$27K	$316K	20x	as long as short
GRVT WLD_USDT_Perpshort	+0.0100%	8h	0.4612	−0.127%	$609K	$1.9M	10x
ApeX Omni WLDUSDT	+0.0100%	1h	0.4590	−0.606%	$54K	$229K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4623	+0.108%	$56K	$1.6M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4625	+0.152%	$23K	$1.5M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4619	+0.022%	$214	$5K	10x	as long as short
HTX WLD-USDTlong	+0.0100%	8h	0.4618	long leg	$859K	$1.8M	50x
Phemex WLDUSDT	+0.0100%	8h	0.4618	0.000%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4618	−0.010%	$234K	$847K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4620	+0.043%	$31K	$600	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4620	+0.039%	—	—	20x	as long as short
Phoenix WLD	+0.0157%	1h	0.4615	−0.058%	$5K	$53K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	+0.0183%	1h	0.4622	+0.087%	$124K	$861K	25x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4618	0.000%	$4.9M	$829K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0229% / S −0.1268%	1h	0.4620	+0.036%	$5K	—	100x	as long as short
01 Exchange WLDUSD	+0.0248%	1h	0.4626	+0.165%	$331	$77	5x	as long as short
Kraken Futures PF_WLDUSD	+0.0326%	1h	0.4623	+0.114%	$911K	$2.7M	50x	as long as short
Coinbase International WLD-PERP-INTX	+0.0448%	1h	0.4622	+0.087%	$274K	$1.7M	50x	as long as short
Hyperliquid WLD	+0.0728%	1h	0.4628	+0.227%	$51.5M	$43.5M	10x	as long as short
Lighter WLD	+0.0936%	1h	0.4630	+0.262%	$5.2M	$2.0M	10x	as long as short