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 0.000%

Price spread now: SunX against HTX+0.153%7-day average +0.314% · you sell dearer than you buy

Net, funding: paid 7d − costs−$154as in the Funding arb table

Net, price: spread back to 7d avg − costs−$175as in the Price arb table

costs, in and out, $10k−$1591.587% of the position

Long on HTX Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.051%+$5 on $10k

Price spread, last 4 days (all we have)+0.537%+$54 · spread now +0.153%, 7d avg +0.314%

Together, before fees+0.588%+$59 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: SunX is 0.161% cheaper against HTX than usual: you would sell low and buy high, −$16 on $10k if it goes back to its 7-day average of +0.314%.

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	4h 51m	$838K	$1.9M	50x
Short	SunX WLD-USDT	0.4584	0.0100	get 0.0100% / 8h	4h 51m	$23K	$1.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.153%Rate

Funding earned: $0
Price spread: +0.153% → +0.314%: −$16.07
Slippage, 4 orders: −$138.73
Fee HTX: 6 bp × 2 orders: −$12
Fee SunX: 4 bp × 2 orders: −$8
Net: −$174.8
Costs to cover: 1.587%
Break-even: never at this rate

Slippage from HTX: live order book, 2 min ago; SunX: 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, 2 min ago	13.08 bp	46.7 bp −$47	303.3 bp −$3,033	doesn't fit	doesn't fit
Sell SunX live order book, 3 min ago	29.38 bp	45.8 bp −$46	doesn't fit	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	−0.0110%	8h	0.4586	+0.197%	$58K	$4.6M	1.7x	as long as short
Nado WLD-PERP	−0.0079%	1h	0.4577	+0.011%	$243K	$205K	5x	as long as short
KuCoin WLDUSDTM	−0.0031%	8h	0.4575	−0.044%	$7.0M	$11.6M	50x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4579	+0.049%	$156K	$33K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4576	−0.022%	$115K	$923K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4577	−0.004%	$55K	—	150x	as long as short
Injective WLD/USDC PERP	+0.0014%	1h	0.4558	−0.415%	$6K	$185K	5.5x	as long as short
01 Exchange WLDUSD	+0.0016%	1h	0.4576	−0.017%	$327	$80	5x	as long as short
Orderly PERP_WLD_USDC	+0.0082%	8h	0.4575	−0.044%	$28K	$889K	10x	as long as short
Lighter WLD	+0.0096%	1h	0.4579	+0.050%	$4.9M	$2.4M	10x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster WLDUSDT	+0.0100%	8h	0.4582	+0.112%	$190K	$1.1M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4579	+0.047%	$49K	$528K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4577	0.000%	$86.9M	$327.2M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4574	−0.066%	$65.2M	$88.7M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4576	−0.022%	$34.3M	$148.8M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4574	−0.066%	$7.2M	$36.6M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4578	+0.022%	$44.9M	$53.6M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4575	−0.044%	$30.2M	$30.1M	75x	as long as short
BingX WLD-USDC	+0.0100%	8h	0.4574	−0.066%	—	$1.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4576	−0.026%	$134K	$298K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4586	+0.191%	$2.1M	$1.7M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4585	+0.179%	$27K	$318K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4584	+0.144%	$603K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4562	−0.328%	$50K	$236K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4580	+0.061%	$41K	$2.1M	10x	as long as short
SunX WLD-USDTshort	+0.0100%	8h	0.4584	+0.153%	$23K	$1.6M	50x
SoDEX WLD-USD	+0.0100%	1h	0.4575	−0.044%	$173	$5K	10x	as long as short
HTX WLD-USDTlong	+0.0100%	8h	0.4577	long leg	$838K	$1.9M	50x
Phemex WLDUSDT	+0.0100%	8h	0.4577	0.000%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4577	−0.005%	$227K	$974K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4577	0.000%	$31K	$600	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4579	+0.038%	—	—	20x	as long as short
Hyperliquid WLD	+0.0149%	1h	0.4583	+0.133%	$50.3M	$43.2M	10x	as long as short
Phoenix WLD	+0.0158%	1h	0.4594	+0.365%	$5K	$52K	10x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4587	+0.218%	$5.0M	$848K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0229% / S −0.1268%	1h	0.4576	−0.014%	$5K	—	100x	as long as short
Kraken Futures PF_WLDUSD	+0.0480%	1h	0.4576	−0.017%	$885K	$2.8M	50x	as long as short
Coinbase International WLD-PERP-INTX	+0.0496%	1h	0.4578	+0.022%	$270K	$1.7M	50x	as long as short