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

WLD

all WLD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0142%/8h= +15.5% APRnext payment +$1.42 per $10,000 · paid last 24h +0.017%
Price spread now: BingX against KuCoin+0.087%7-day average +0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs−$72as in the Price arb table
costs, in and out, $10k−$810.808% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.083%+$8 on $10k
Price spread, last 7 days−0.100%−$10 · spread now +0.087%, 7d avg +0.001%
Together, before fees−0.017%−$2 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BingX is 0.086% dearer against KuCoin than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.001%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin WLDUSDTM0.4624−0.0042get 0.0042% / 8h5h 34m$7.1M$11.6M50x
ShortBingX WLD-USDC0.46280.0100get 0.0100% / 8h5h 34m$1.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against KuCoin. 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
$29.82
Price spread: +0.087% → +0.001%
$8.59
Slippage, 4 orders
−$58.77
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$42.36
Costs to cover
0.808%
Break-even
16.9 days
Slippage from KuCoin: live order book, 4 min ago; BingX: live order book, 11 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 4 min ago3.25 bp22.4 bp −$2253.0 bp −$530doesn't fitdoesn't fit
Sell BingX live order book, 11 min ago3.23 bp14.6 bp −$1572.8 bp −$728553.8 bp −$55.4K811.5 bp −$405.8K

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−0.0135%8h0.4642+0.389%$57K$4.5M1.7xas long as short
KuCoin WLDUSDTMlong−0.0042%8h0.4624long leg$7.1M$11.6M50x
dYdX WLD-USD0.0000%1h0.4621−0.073%$165K$26K10xas long as short
Deribit WLD_USDC-PERPETUAL0.0000%1h0.4642+0.389%$120K$923K25xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4628+0.087%$55K150xas long as short
Nado WLD-PERP+0.0028%1h0.4625+0.032%$268K$187K5xas long as short
Orderly PERP_WLD_USDC+0.0073%8h0.4641+0.368%$28K$893K10xas long as short
Gate WLD_USDT+0.0094%8h0.46240.000%$7.2M$36.8M75xas long as short
01 Exchange WLDUSD+0.0096%1h0.4622−0.032%$331$805xas long as short
Aster WLDUSDT+0.0100%8h0.4622−0.039%$174K$1.0M50xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica WLD+0.0100%1h0.4621−0.067%$48K$511K5xas long as short
Binance WLDUSDT+0.0100%8h0.4624−0.003%$87.8M$324.8M75xas long as short
Bybit WLDUSDT+0.0100%8h0.4622−0.043%$66.0M$87.9M50xas long as short
OKX WLD-USDT-SWAP+0.0100%8h0.4627+0.065%$34.9M$148.9M50xas long as short
MEXC WLD_USDT+0.0100%8h0.4628+0.087%$45.7M$54.3M300xas long as short
Bitget WLDUSDT+0.0100%8h0.4626+0.043%$30.6M$29.5M75xas long as short
BingX WLD-USDCshort+0.0100%8h0.4628+0.087%$1.3M
Backpack WLD_USDC_PERP+0.0100%1h0.4640+0.342%$137K$290K10xas long as short
Variational Omni WLD+0.0100%8h0.4633+0.186%$2.1M$1.7Mas long as short
edgeX WLDUSDC+0.0100%4h0.4621−0.074%$27K$318K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4619−0.109%$607K$1.9M10xas long as short
ApeX Omni WLDUSDT+0.0100%1h0.4623−0.022%$51K$236K50xas long as short
Polymarket Perps WLD-USD+0.0100%1h0.4629+0.119%$54K$2.0M10xas long as short
SunX WLD-USDT+0.0100%8h0.4649+0.541%$23K$1.6M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4641+0.368%$290$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4634+0.216%$846K$1.9M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4639+0.324%$1.8M$3.7M50xas long as short
Extended WLD-USD+0.0104%1h0.4620−0.081%$213K$927K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4641+0.368%$31K$6003xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4626+0.048%20xas long as short
Phoenix WLD+0.0172%1h0.4625+0.013%$5K$57K10xas long as short
BloFin WLD-USDT+0.0220%8h0.4638+0.303%$5.0M$804K75xas long as short
GMX WLD/USD [ETH-USDC]L +0.0230% / S −0.1268%1h0.4627+0.056%$5K100xas long as short
Lighter WLD+0.0232%1h0.4625+0.026%$5.0M$2.3M10xas long as short
Coinbase International WLD-PERP-INTX+0.0480%1h0.4646+0.476%$276K$1.7M50xas long as short
Hyperliquid WLD+0.0491%1h0.4635+0.229%$51.6M$42.9M10xas long as short
Injective WLD/USDC PERP+0.0677%1h0.4616−0.173%$6K$185K5.5xas long as short
Kraken Futures PF_WLDUSD+0.0893%1h0.4639+0.321%$902K$2.9M50xas long as short