Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0062%/8h= +6.8% APRpaid last 24h −0.066%

Price spread now: HTX against Injective−0.065%7-day average −0.357% · you buy dearer than you sell

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

Long on Injective Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.020%+$2 on $10k

Price spread, last 3 days (all we have)−0.314%−$31 · spread now −0.065%, 7d avg −0.357%

Together, before fees−0.294%−$29 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and HTX is 0.291% dearer against Injective than usual: you sell high and buy low: +$29 more if the spread goes back to its 7-day average of −0.357%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective WLD/USDC PERP	0.4585	0.0038	pay 0.0005% / 1h	58m 22s	$6K	$185K	5.5x
Short	HTX WLD-USDT	0.4582	0.0100	get 0.0100% / 8h	7h 58m	$853K	$1.8M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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

Position, each leg$Hold fordaysFee InjectivebpFee HTXbpOrdersPrice spread, now −0.065%Rate

Funding earned: $13.08
Price spread: −0.065% → −0.357%: $29.13
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee HTX: 6 bp × 2 orders: −$12
Net: $30.19
Costs to cover: 0.120%
Break-even: from the start

Slippage unknown: Injective: live order book, 46 min ago; HTX: live order book, just now. 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 Injective live order book, 46 min ago	53.29 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell HTX live order book, just now	9.84 bp	17.1 bp −$17	173.3 bp −$1,733	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	−0.0196%	8h	0.4581	−0.087%	$65K	$3.9M	1.7x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4565	−0.428%	$163K	$13K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4580	−0.109%	$122K	$891K	25x	as long as short
KuCoin WLDUSDTM	+0.0003%	8h	0.4573	−0.262%	$7.0M	$11.0M	50x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4579	−0.126%	$56K	—	150x	as long as short
Injective WLD/USDC PERPlong	+0.0038%	1h	0.4585	long leg	$6K	$185K	5.5x
Orderly PERP_WLD_USDC	+0.0039%	8h	0.4577	−0.174%	$28K	$906K	10x	as long as short
Nado WLD-PERP	+0.0096%	1h	0.4577	−0.174%	$276K	$169K	5x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4579	−0.137%	$192K	$1.0M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4569	−0.358%	$53K	$487K	5x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance WLDUSDT	+0.0100%	8h	0.4580	−0.112%	$86.5M	$304.0M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4576	−0.196%	$65.8M	$82.7M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4575	−0.218%	$34.2M	$143.4M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4573	−0.262%	$7.5M	$34.9M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4579	−0.131%	$46.0M	$53.0M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4575	−0.218%	$30.3M	$26.1M	75x	as long as short
BingX WLD-USDT	+0.0100%	8h	0.4579	−0.131%	—	$67.1M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4577	−0.179%	$136K	$283K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4578	−0.155%	$2.0M	$1.7M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4577	−0.173%	$27K	$318K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4585	0.000%	$608K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4580	−0.109%	$55K	$228K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4578	−0.159%	$48K	$1.6M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4584	−0.022%	$23K	$1.5M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4578	−0.153%	$216	$5K	10x	as long as short
HTX WLD-USDTshort	+0.0100%	8h	0.4582	−0.065%	$853K	$1.8M	50x
Phemex WLDUSDT	+0.0100%	8h	0.4577	−0.174%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4576	−0.193%	$231K	$847K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4580	−0.106%	$31K	$5K	3x	as long as short
Phoenix WLD	+0.0104%	1h	0.4586	+0.011%	$5K	$53K	10x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4574	−0.243%	—	—	20x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4581	−0.087%	$4.9M	$822K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0229% / S −0.1268%	1h	0.4580	−0.111%	$5K	—	100x	as long as short
01 Exchange WLDUSD	+0.0280%	1h	0.4582	−0.076%	$328	$77	5x	as long as short
Kraken Futures PF_WLDUSD	+0.0329%	1h	0.4583	−0.051%	$903K	$2.7M	50x	as long as short
Coinbase International WLD-PERP-INTX	+0.0448%	1h	0.4585	0.000%	$273K	$1.6M	50x	as long as short
Hyperliquid WLD	+0.0798%	1h	0.4583	−0.039%	$50.8M	$43.6M	10x	as long as short
Lighter WLD	+0.1184%	1h	0.4575	−0.212%	$5.2M	$2.0M	10x	as long as short