Settings8H · net · $10k
Funding arb · Price arb /

WLD

all WLD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0283%/8h= −31.0% APRpaid last 24h −0.042%
Price spread now: Binance against Injective−0.911%97s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.051%−$5 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Binance is 0.911% cheaper against Injective than usual: you would sell low and buy high (−$91 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 97 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.051% in total (about -2.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective WLD/USDC PERP0.46220.0374pay 0.0047% / 1h51m 36s$6K$139K5.5x
ShortBinance WLDUSDT0.45800.0091get 0.0091% / 8h2h 51m$87.5M$289.1M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Injective. 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

Funding earned
−$59.48
Price spread: −0.911% → 0.000%
−$91.14
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Binance: 5 bp × 2 orders
−$10
Net
−$160.65
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Injective: live order book, 2 min ago; Binance: live order book, 7 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Injective live order book, 2 min ago49.15 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 7 min ago1.08 bp7.3 bp −$716.2 bp −$16252.2 bp −$5,220184.4 bp −$92.2K

WLD on 38 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kalshi KXWLDPERP−0.0406%8h0.4587−0.757%$31K$3.7M1.7xas long as short
Variational Omni WLD−0.0069%8h0.4630+0.183%$2.1M$1.7Mas long as short
Orderly PERP_WLD_USDC−0.0029%8h0.4589−0.714%$28K$921K10xas long as short
dYdX WLD-USD0.0000%1h0.4582−0.865%$156K$6K10xas long as short
Deribit WLD_USDC-PERPETUAL0.0000%1h0.4590−0.692%$154K$785K25xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4588−0.743%$57K150xas long as short
KuCoin WLDUSDTM+0.0014%8h0.4578−0.952%$7.0M$10.7M50xas long as short
OKX WLD-USDT-SWAP+0.0038%8h0.4579−0.930%$34.6M$137.4M50xas long as short
Phoenix WLD+0.0052%1h0.4597−0.532%$5K$52K10xas long as short
Bybit WLDUSDT+0.0067%8h0.4581−0.887%$67.3M$78.4M50xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado WLD-PERP+0.0077%1h0.4586−0.779%$274K$168K5xas long as short
MEXC WLD_USDT+0.0088%8h0.4580−0.909%$53.6M$46.5M300xas long as short
Binance WLDUSDTshort+0.0091%8h0.4580−0.911%$87.5M$289.1M75x
Aster WLDUSDT+0.0100%8h0.4584−0.813%$210K$977K50xas long as short
Pacifica WLD+0.0100%1h0.4581−0.892%$55K$475K5xas long as short
Gate WLD_USDT+0.0100%8h0.4578−0.952%$7.5M$34.0M75xas long as short
Bitget WLDUSDT+0.0100%8h0.4578−0.952%$30.2M$24.9M75xas long as short
BingX WLD-USDC+0.0100%8h0.4580−0.909%$1.3Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4588−0.729%$130K$281K10xas long as short
edgeX WLDUSDC+0.0100%4h0.4620−0.053%$27K$314K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4607−0.325%$624K$1.9M10xas long as short
ApeX Omni WLDUSDT+0.0100%1h0.4632+0.216%$55K$227K50xas long as short
Polymarket Perps WLD-USD+0.0100%1h0.4587−0.762%$56K$1.7M10xas long as short
SunX WLD-USDT+0.0100%8h0.4589−0.714%$23K$1.5M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4588−0.736%$199$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4583−0.844%$862K$1.7M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4588−0.736%$1.9M$3.8M50xas long as short
Extended WLD-USD+0.0104%1h0.4580−0.917%$134K$744K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4592−0.643%$31K$5K3xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4584−0.820%20xas long as short
BloFin WLD-USDT+0.0208%8h0.4593−0.627%$5.0M$881K75xas long as short
GMX WLD/USD [ETH-USDC]L +0.0223% / S −0.1831%1h0.4588−0.741%$9K100xas long as short
Hyperliquid WLD+0.0342%1h0.4586−0.779%$47.6M$40.4M10xas long as short
Injective WLD/USDC PERPlong+0.0374%1h0.4622long leg$6K$139K5.5x
Coinbase International WLD-PERP-INTX+0.0400%1h0.4593−0.627%$276K$1.6M50xas long as short
01 Exchange WLDUSD+0.0824%1h0.4583−0.842%$328$775xas long as short
Kraken Futures PF_WLDUSD+0.1087%1h0.4591−0.675%$921K$2.5M50xas long as short
Lighter WLD+0.1104%1h0.4591−0.664%$5.1M$2.0M10xas long as short