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+0.0139%/8h= +15.2% APRnext payment +$1.39 per $10,000 · paid last 24h −0.004%
Price spread now: Bybit against KuCoin+0.022%7-day average −0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$630.626% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.008%−$1 on $10k
Price spread, last 7 days−0.026%−$3 · spread now +0.022%, 7d avg −0.009%
Together, before fees−0.034%−$3 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 Bybit is 0.030% dearer against KuCoin than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.009%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin WLDUSDTM0.4618−0.0039get 0.0039% / 8h5h 39m$7.1M$11.6M50x
ShortBybit WLDUSDT0.46190.0100get 0.0100% / 8h5h 39m$66.0M$87.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
$29.19
Price spread: +0.022% → −0.009%
$3.04
Slippage, 4 orders
−$39.58
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$30.35
Costs to cover
0.626%
Break-even
14.3 days
Slippage from KuCoin: live order book, 4 min ago; Bybit: live order book, 4 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 ago3.22 bp16.4 bp −$1646.0 bp −$460doesn't fitdoesn't fit
Sell Bybit live order book, 4 min ago1.08 bp12.5 bp −$1224.3 bp −$243107.1 bp −$10.7Kdoesn'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
Kalshi KXWLDPERP−0.0139%8h0.4633+0.325%$58K$4.5M1.7xas long as short
KuCoin WLDUSDTMlong−0.0039%8h0.4618long leg$7.1M$11.6M50x
dYdX WLD-USD0.0000%1h0.4621+0.056%$165K$26K10xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4632+0.297%$55K150xas long as short
Nado WLD-PERP+0.0059%1h0.4628+0.211%$268K$187K5xas long as short
Orderly PERP_WLD_USDC+0.0072%8h0.4634+0.346%$28K$893K10xas long as short
Aster WLDUSDT+0.0100%8h0.4632+0.302%$177K$1.0M50xas long as short
Pacifica WLD+0.0100%1h0.4622+0.083%$48K$511K5xas long as short
Binance WLDUSDT+0.0100%8h0.4620+0.044%$87.7M$325.0M75xas long as short
Bybit WLDUSDTshort+0.0100%8h0.4619+0.022%$66.0M$87.9M50x
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX WLD-USDT-SWAP+0.0100%8h0.4619+0.022%$34.9M$148.7M50xas long as short
Gate WLD_USDT+0.0100%8h0.4619+0.022%$7.2M$36.8M75xas long as short
MEXC WLD_USDT+0.0100%8h0.4620+0.043%$45.5M$54.3M300xas long as short
Bitget WLDUSDT+0.0100%8h0.4617−0.022%$30.6M$29.4M75xas long as short
BingX WLD-USDT+0.0100%8h0.4620+0.043%$67.1Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4634+0.349%$138K$288K10xas long as short
Variational Omni WLD+0.0100%8h0.4632+0.294%$2.1M$1.8Mas long as short
edgeX WLDUSDC+0.0100%4h0.4631+0.276%$28K$317K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4659+0.880%$617K$1.8M10xas long as short
ApeX Omni WLDUSDT+0.0100%1h0.4646+0.606%$51K$236K50xas long as short
Polymarket Perps WLD-USD+0.0100%1h0.4631+0.279%$54K$2.0M10xas long as short
SunX WLD-USDT+0.0100%8h0.4637+0.411%$23K$1.6M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4631+0.282%$294$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4634+0.346%$846K$1.9M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4634+0.346%$1.8M$3.7M50xas long as short
Extended WLD-USD+0.0104%1h0.4617−0.017%$213K$927K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4632+0.314%$31K$6003xas long as short
01 Exchange WLDUSD+0.0120%1h0.4619+0.024%$330$805xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4629+0.232%20xas long as short
Phoenix WLD+0.0172%1h0.4639+0.463%$5K$57K10xas long as short
Deribit WLD_USDC-PERPETUAL+0.0182%1h0.4635+0.368%$120K$923K25xas long as short
BloFin WLD-USDT+0.0220%8h0.4627+0.195%$5.0M$803K75xas long as short
GMX WLD/USD [ETH-USDC]L +0.0230% / S −0.1268%1h0.4632+0.303%$5K100xas long as short
Lighter WLD+0.0320%1h0.4625+0.156%$5.0M$2.3M10xas long as short
Coinbase International WLD-PERP-INTX+0.0480%1h0.4640+0.476%$276K$1.7M50xas long as short
Hyperliquid WLD+0.0521%1h0.4631+0.290%$51.5M$42.9M10xas long as short
Injective WLD/USDC PERP+0.0677%1h0.4650+0.693%$6K$185K5.5xas long as short
Kraken Futures PF_WLDUSD+0.0894%1h0.4634+0.337%$902K$2.9M50xas long as short