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

WLD

all WLD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0142%/8h= −15.5% APRnext payment $0.18 per $10,000 · paid last 24h −0.059%
Price spread now: Deribit against Injective−0.375%63s7-day average −0.169% · 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−0.119%−$12 on $10k
Price spread, last 4 days (all we have)+0.406%+$41 · spread now −0.375%, 7d avg −0.169%
Together, before fees+0.288%+$29 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Deribit is 0.206% cheaper against Injective than usual: you would sell low and buy high (−$21 if the spread goes back to its 7-day average of −0.169%). Swap the legs. The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective WLD/USDC PERP0.45380.0142pay 0.0018% / 1h11m 38s$6K$185K5.5x
ShortDeribit WLD_USDC-PERPETUAL0.45210get 0.0000% / 1h11m 38s$118K$986K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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
−$29.8
Price spread: −0.375% → −0.169%
−$20.56
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$57.38
Costs to cover
0.070%
Break-even
never at this rate
Slippage unknown: Injective: live order book, 7 min ago; Deribit: live order book, 42 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, 7 min ago71.00 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Deribit live order book, 42 min ago7.59 bp11.1 bp −$1118.1 bp −$181doesn't fitdoesn't fit

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
Nado WLD-PERP−0.0025%1h0.4521−0.364%$240K$205K5xas long as short
dYdX WLD-USD0.0000%1h0.4523−0.326%$154K$33K10xas long as short
Kalshi KXWLDPERP0.0000%8h0.4520−0.397%$65K$4.7M1.7xas long as short
Deribit WLD_USDC-PERPETUALshort0.0000%1h0.4521−0.375%$118K$986K25x
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4521−0.380%$65K150xas long as short
KuCoin WLDUSDTM+0.0032%8h0.4523−0.331%$6.8M$11.8M50xas long as short
Orderly PERP_WLD_USDC+0.0099%8h0.4520−0.397%$28K$868K10xas long as short
Aster WLDUSDT+0.0100%8h0.4524−0.303%$211K$1.1M50xas long as short
Pacifica WLD+0.0100%1h0.4524−0.309%$50K$526K5xas long as short
Binance WLDUSDT+0.0100%8h0.4522−0.354%$86.2M$331.7M75xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit WLDUSDT+0.0100%8h0.4520−0.397%$64.2M$90.2M50xas long as short
OKX WLD-USDT-SWAP+0.0100%8h0.4523−0.331%$34.1M$151.2M50xas long as short
Gate WLD_USDT+0.0100%8h0.4521−0.375%$7.2M$36.7M75xas long as short
MEXC WLD_USDT+0.0100%8h0.4523−0.331%$40.1M$55.4M300xas long as short
Bitget WLDUSDT+0.0100%8h0.4522−0.353%$29.8M$30.2M75xas long as short
BingX WLD-USDT+0.0100%8h0.4522−0.353%$67.8Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4521−0.379%$134K$304K10xas long as short
Variational Omni WLD+0.0100%8h0.4533−0.117%$2.1M$1.7Mas long as short
edgeX WLDUSDC+0.0100%4h0.4538+0.002%$27K$321K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4539+0.022%$602K$2.0M10xas long as short
ApeX Omni WLDUSDT+0.0100%1h0.4544+0.132%$48K$241K50xas long as short
Polymarket Perps WLD-USD+0.0100%1h0.4518−0.447%$54K$2.2M10xas long as short
SunX WLD-USDT+0.0100%8h0.4522−0.353%$22K$1.6M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4520−0.397%$203$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4518−0.441%$826K$1.8M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4520−0.397%$1.8M$3.6M50xas long as short
Extended WLD-USD+0.0104%1h0.4519−0.426%$214K$984K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4522−0.359%$31K$6003xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4517−0.457%20xas long as short
Injective WLD/USDC PERPlong+0.0142%1h0.4538long leg$6K$185K5.5x
Phoenix WLD+0.0157%1h0.4532−0.123%$5K$52K10xas long as short
BloFin WLD-USDT+0.0220%8h0.4524−0.309%$4.8M$878K75xas long as short
GMX WLD/USD [ETH-USDC]L +0.0229% / S −0.1268%1h0.4521−0.369%$5K100xas long as short
01 Exchange WLDUSD+0.0272%1h0.4521−0.381%$323$555xas long as short
Hyperliquid WLD+0.0327%1h0.4527−0.240%$49.4M$43.7M10xas long as short
Kraken Futures PF_WLDUSD+0.0525%1h0.4521−0.374%$868K$2.9M50xas long as short
Coinbase International WLD-PERP-INTX+0.0560%1h0.4525−0.286%$263K$1.6M50xas long as short
Lighter WLD+0.0752%1h0.4528−0.218%$4.9M$2.9M10xas long as short