Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.021%

Price spread now: KuCoin against HTX+0.088%51s7-day average +0.139% · you sell dearer than you buy

Net, funding: paid 7d − costs−$120as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1161.156% of the position

Long on HTX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.046%−$5 on $10k

Price spread, last 4 days (all we have)+0.143%+$14 · spread now +0.088%, 7d avg +0.139%

Together, before fees+0.097%+$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: KuCoin is 0.051% cheaper against HTX than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.139%. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX WLD-USDT	0.4526	0.0100	pay 0.0100% / 8h	7h 57m	$828K	$1.5M	50x
Short	KuCoin WLDUSDTM	0.4530	0.0100	get 0.0100% / 8h	7h 57m	$6.7M	$11.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.088%Rate

Funding earned: $0
Price spread: +0.088% → +0.139%: −$5.08
Slippage, 4 orders: −$91.56
Fee HTX: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$120.64
Costs to cover: 1.156%
Break-even: never at this rate

Slippage from HTX: live order book, 1 min ago; KuCoin: live order book, 11 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, 1 min ago	11.05 bp	38.6 bp −$39	304.3 bp −$3,043	doesn't fit	doesn't fit
Sell KuCoin live order book, 11 min ago	2.21 bp	18.9 bp −$19	40.2 bp −$402	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
Phemex WLDUSDT	−0.0505%	8h	0.4523	−0.066%	$1.7M	$3.6M	50x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4527	+0.019%	$154K	$32K	10x	as long as short
Kalshi KXWLDPERP	0.0000%	8h	0.4524	−0.044%	$40K	$4.6M	1.7x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4525	−0.022%	$119K	$1.0M	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4532	+0.131%	$66K	—	150x	as long as short
Nado WLD-PERP	+0.0011%	1h	0.4532	+0.144%	$235K	$175K	5x	as long as short
Orderly PERP_WLD_USDC	+0.0099%	8h	0.4525	−0.022%	$27K	$633K	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4532	+0.133%	$228K	$1.0M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4527	+0.032%	$54K	$543K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4531	+0.119%	$86.9M	$333.2M	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	0.4530	+0.088%	$64.1M	$89.4M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4532	+0.133%	$34.3M	$150.6M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4528	+0.044%	$7.1M	$34.5M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4531	+0.110%	$42.3M	$55.4M	300x	as long as short
KuCoin WLDUSDTMshort	+0.0100%	8h	0.4530	+0.088%	$6.7M	$11.6M	50x
Bitget WLDUSDT	+0.0100%	8h	0.4531	+0.110%	$29.9M	$31.0M	75x	as long as short
BingX WLD-USDT	+0.0100%	8h	0.4527	+0.022%	—	$20.1M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4521	−0.115%	$132K	$298K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4521	−0.113%	$2.1M	$1.5M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4520	−0.137%	$27K	$322K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4528	+0.037%	$601K	$2.1M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4521	−0.110%	$48K	$238K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4533	+0.155%	$49K	$2.7M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4530	+0.088%	$23K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4524	−0.044%	$221	$5K	10x	as long as short
HTX WLD-USDTlong	+0.0100%	8h	0.4526	long leg	$828K	$1.5M	50x
Extended WLD-USD	+0.0104%	1h	0.4527	+0.030%	$208K	$878K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4526	−0.011%	$31K	$500	3x	as long as short
Injective WLD/USDC PERP	+0.0109%	1h	0.4508	−0.398%	$6K	$185K	5.5x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4530	+0.085%	—	—	20x	as long as short
Phoenix WLD	+0.0177%	1h	0.4530	+0.082%	$4K	$44K	10x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0219% / S −0.0967%	1h	0.4522	−0.089%	$4K	—	100x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4524	−0.044%	$4.4M	$898K	75x	as long as short
Lighter WLD	+0.0256%	1h	0.4533	+0.150%	$4.9M	$2.9M	10x	as long as short
01 Exchange WLDUSD	+0.0256%	1h	0.4535	+0.205%	$324	$55	5x	as long as short
Kraken Futures PF_WLDUSD	+0.0303%	1h	0.4526	−0.008%	$870K	$2.8M	50x	as long as short
Coinbase International WLD-PERP-INTX	+0.0440%	1h	0.4527	+0.022%	$269K	$1.6M	50x	as long as short
Hyperliquid WLD	+0.0443%	1h	0.4538	+0.265%	$50.4M	$43.0M	10x	as long as short