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+0.0150%/8h= +16.4% APRnext payment +$1.50 per $10,000 · paid last 24h +0.016%
Price spread now: Bitget against KuCoin+0.149%7-day average −0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$66as in the Funding arb table
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$710.712% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.055%+$6 on $10k
Price spread, last 7 days−0.172%−$17 · spread now +0.149%, 7d avg −0.023%
Together, before fees−0.116%−$12 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 Bitget is 0.172% dearer against KuCoin than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of −0.023%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin WLDUSDTM0.4686−0.0050get 0.0050% / 8h6h 28m$7.1M$11.5M50x
ShortBitget WLDUSDT0.46930.0100get 0.0100% / 8h6h 28m$31.2M$29.1M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
$31.5
Price spread: +0.149% → −0.023%
$17.25
Slippage, 4 orders
−$47.18
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$22.43
Costs to cover
0.712%
Break-even
12.0 days
Slippage from KuCoin: live order book, 5 min ago; Bitget: live order book, 1 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, 5 min ago2.16 bp23.4 bp −$2347.7 bp −$477doesn't fitdoesn't fit
Sell Bitget live order book, 1 min ago3.21 bp11.0 bp −$1113.4 bp −$13464.0 bp −$6,402doesn't fit

WLD on 37 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
Injective WLD/USDC PERP−0.0235%1h0.4615−1.515%$6K$185K5.5xas long as short
Kalshi KXWLDPERP−0.0157%8h0.4691+0.107%$41K$4.4M1.7xas long as short
KuCoin WLDUSDTMlong−0.0050%8h0.4686long leg$7.1M$11.5M50x
Nado WLD-PERP−0.0011%1h0.4674−0.256%$271K$178K5xas long as short
dYdX WLD-USD0.0000%1h0.4668−0.389%$159K$19K10xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4682−0.087%$56K150xas long as short
ApeX Omni WLDUSDT+0.0040%1h0.4647−0.832%$51K$237K50xas long as short
Gate WLD_USDT+0.0041%8h0.4690+0.085%$7.4M$37.5M75xas long as short
Orderly PERP_WLD_USDC+0.0057%8h0.4687+0.021%$28K$897K10xas long as short
Phoenix WLD+0.0068%1h0.4648−0.813%$5K$54K10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster WLDUSDT+0.0100%8h0.4673−0.284%$179K$1.0M50xas long as short
Pacifica WLD+0.0100%1h0.4667−0.407%$56K$506K5xas long as short
Binance WLDUSDT+0.0100%8h0.4693+0.147%$89.1M$323.4M75xas long as short
Bybit WLDUSDT+0.0100%8h0.4692+0.128%$67.0M$86.8M50xas long as short
OKX WLD-USDT-SWAP+0.0100%8h0.4693+0.149%$35.3M$153.0M50xas long as short
MEXC WLD_USDT+0.0100%8h0.4691+0.107%$47.3M$55.7M300xas long as short
Bitget WLDUSDTshort+0.0100%8h0.4693+0.149%$31.2M$29.1M75x
BingX WLD-USDT+0.0100%8h0.4692+0.128%$67.6Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4696+0.203%$138K$293K10xas long as short
Variational Omni WLD+0.0100%8h0.4652−0.730%$2.1M$1.7Mas long as short
edgeX WLDUSDC+0.0100%4h0.4647−0.826%$28K$319K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4634−1.108%$608K$1.9M10xas long as short
Polymarket Perps WLD-USD+0.0100%1h0.4678−0.160%$51K$2.0M10xas long as short
SunX WLD-USDT+0.0100%8h0.46860.000%$23K$1.6M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4685−0.021%$224$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4682−0.085%$886K$1.8M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4692+0.128%$1.9M$3.7M50xas long as short
Extended WLD-USD+0.0104%1h0.4686+0.006%$215K$885K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4688+0.039%$32K$6003xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4675−0.229%20xas long as short
GMX WLD/USD [ETH-USDC]L +0.0230% / S −0.1268%1h0.4680−0.124%$5K100xas long as short
01 Exchange WLDUSD+0.0256%1h0.4678−0.171%$335$775xas long as short
Deribit WLD_USDC-PERPETUAL+0.0390%1h0.4689+0.064%$130K$895K25xas long as short
Coinbase International WLD-PERP-INTX+0.0456%1h0.4680−0.128%$278K$1.7M50xas long as short
Hyperliquid WLD+0.0596%1h0.4702+0.339%$52.5M$44.1M10xas long as short
Kraken Futures PF_WLDUSD+0.0638%1h0.4690+0.088%$916K$2.8M50xas long as short
Lighter WLD+0.0856%1h0.4696+0.213%$5.3M$2.1M10xas long as short