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 −0.027%

Price spread now: Variational Omni against HTX−0.006%7-day average +0.154% · you buy dearer than you sell

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

Long on HTX Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.014%+$1 on $10k

Price spread, last 4 days (all we have)−0.120%−$12 · spread now −0.006%, 7d avg +0.154%

Together, before fees−0.106%+ Points / potential airdropVariational Omni: Active · farm board−$11 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: Variational Omni is 0.159% 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 +0.154%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX WLD-USDT	0.4586	0.0100	pay 0.0100% / 8h	4h 54m	$839K	$1.9M	50x
Short	Variational Omni WLD	0.4586	0.0100	get 0.0100% / 8h	4h 54m	$2.1M	$1.7M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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 Variational OmnibpOrdersPrice spread, now −0.006%Rate

Funding earned: $0
Price spread: −0.006% → +0.154%: −$15.93
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$27.93
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: HTX: live order book, 5 min ago; Variational Omni: RFQ quote, 5 min ago. 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, 5 min ago	10.94 bp	61.7 bp −$62	doesn't fit	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 5 min ago	5.48 bp	doesn't fit	16.4 bp −$164	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	0.4592	+0.131%	$58K	$4.6M	1.7x	as long as short
Nado WLD-PERP	−0.0079%	1h	0.4591	+0.098%	$243K	$205K	5x	as long as short
KuCoin WLDUSDTM	−0.0025%	8h	0.4587	+0.022%	$7.0M	$11.6M	50x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4594	+0.167%	$157K	$33K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4591	+0.109%	$116K	$923K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4592	+0.128%	$55K	—	150x	as long as short
Injective WLD/USDC PERP	+0.0014%	1h	0.4558	−0.611%	$6K	$185K	5.5x	as long as short
01 Exchange WLDUSD	+0.0032%	1h	0.4592	+0.135%	$329	$80	5x	as long as short
Orderly PERP_WLD_USDC	+0.0082%	8h	0.4587	+0.022%	$28K	$889K	10x	as long as short
Lighter WLD	+0.0096%	1h	0.4593	+0.157%	$5.0M	$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	0.4590	+0.097%	$181K	$1.1M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4592	+0.131%	$49K	$528K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4590	+0.085%	$87.1M	$327.4M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4588	+0.044%	$65.4M	$88.8M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4587	+0.022%	$34.4M	$149.2M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4590	+0.087%	$7.2M	$36.6M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4589	+0.065%	$44.4M	$53.5M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4589	+0.065%	$30.3M	$30.1M	75x	as long as short
BingX WLD-USDT	+0.0100%	8h	0.4590	+0.087%	—	$67.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4591	+0.102%	$135K	$298K	10x	as long as short
Variational Omni WLDshort	+0.0100%	8h	0.4586	−0.006%	$2.1M	$1.7M	—
edgeX WLDUSDC	+0.0100%	4h	0.4560	−0.562%	$27K	$318K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4584	−0.053%	$603K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4562	−0.523%	$50K	$236K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4591	+0.111%	$44K	$2.1M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4595	+0.196%	$23K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4589	+0.065%	$171	$5K	10x	as long as short
HTX WLD-USDTlong	+0.0100%	8h	0.4586	long leg	$839K	$1.9M	50x
Phemex WLDUSDT	+0.0100%	8h	0.4592	+0.131%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4586	+0.008%	$227K	$974K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4590	+0.076%	$31K	$600	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4592	+0.126%	—	—	20x	as long as short
Phoenix WLD	+0.0172%	1h	0.4571	−0.331%	$5K	$52K	10x	as long as short
Hyperliquid WLD	+0.0188%	1h	0.4595	+0.201%	$50.4M	$43.2M	10x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4593	+0.153%	$5.0M	$850K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0229% / S −0.1268%	1h	0.4591	+0.115%	$5K	—	100x	as long as short
Kraken Futures PF_WLDUSD	+0.0478%	1h	0.4593	+0.158%	$888K	$2.8M	50x	as long as short
Coinbase International WLD-PERP-INTX	+0.0496%	1h	0.4588	+0.044%	$271K	$1.7M	50x	as long as short