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+0.0107%/8h= +11.7% APRnext payment +$1.07 per $10,000 · paid last 24h +0.021%
Price spread now: HTX against KuCoin−0.087%7-day average −0.147% · you buy dearer than you sell
Net, funding: paid 7d − costs−$190as in the Funding arb table
Net, price: spread back to 7d avg − costs−$189as in the Price arb table
costs, in and out, $10k−$1951.945% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.046%+$5 on $10k
Price spread, last 4 days (all we have)+0.088%+$9 · spread now −0.087%, 7d avg −0.147%
Together, before fees+0.134%+$13 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and HTX is 0.059% dearer against KuCoin than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.147%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin WLDUSDTM0.4578−0.0007get 0.0007% / 8h4h 17m$7.0M$11.6M50x
ShortHTX WLD-USDT0.45740.0100get 0.0100% / 8h4h 17m$836K$1.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
$22.47
Price spread: −0.087% → −0.147%
$5.93
Slippage, 4 orders
−$170.51
Fee KuCoin: 6 bp × 2 orders
−$12
Fee HTX: 6 bp × 2 orders
−$12
Net
−$166.11
Costs to cover
1.945%
Break-even
58.7 days
Slippage from KuCoin: live order book, 6 min ago; HTX: 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, 6 min ago2.18 bp18.3 bp −$1831.3 bp −$313doesn't fitdoesn't fit
Sell HTX live order book, 1 min ago13.12 bp88.6 bp −$89doesn't fitdoesn'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−0.0041%1h0.4573−0.109%$242K$205K5xas long as short
KuCoin WLDUSDTMlong−0.0007%8h0.4578long leg$7.0M$11.6M50x
dYdX WLD-USD0.0000%1h0.4575−0.073%$156K$33K10xas long as short
Kalshi KXWLDPERP0.0000%8h0.4575−0.066%$46K$4.6M1.7xas long as short
Deribit WLD_USDC-PERPETUAL0.0000%1h0.4575−0.066%$118K$942K25xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4574−0.091%$66K150xas long as short
Injective WLD/USDC PERP+0.0014%1h0.4544−0.743%$6K$185K5.5xas long as short
Orderly PERP_WLD_USDC+0.0094%8h0.4573−0.109%$28K$886K10xas long as short
Lighter WLD+0.0096%1h0.4582+0.081%$4.9M$2.4M10xas long as short
Aster WLDUSDT+0.0100%8h0.4581+0.058%$211K$1.1M50xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica WLD+0.0100%1h0.4575−0.072%$49K$527K5xas long as short
Binance WLDUSDT+0.0100%8h0.4579+0.022%$86.8M$328.3M75xas long as short
Bybit WLDUSDT+0.0100%8h0.4579+0.022%$65.1M$89.3M50xas long as short
OKX WLD-USDT-SWAP+0.0100%8h0.4580+0.044%$34.3M$149.9M50xas long as short
Gate WLD_USDT+0.0100%8h0.4579+0.022%$7.2M$37.0M75xas long as short
MEXC WLD_USDT+0.0100%8h0.4580+0.044%$44.0M$54.4M300xas long as short
Bitget WLDUSDT+0.0100%8h0.4579+0.022%$30.2M$30.2M75xas long as short
BingX WLD-USDC+0.0100%8h0.4579+0.022%$1.3Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4579+0.024%$137K$300K10xas long as short
Variational Omni WLD+0.0100%8h0.4579+0.014%$2.1M$1.7Mas long as short
edgeX WLDUSDC+0.0100%4h0.4586+0.184%$27K$319K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4593+0.328%$604K$1.9M10xas long as short
ApeX Omni WLDUSDT+0.0100%1h0.4583+0.109%$43K$239K50xas long as short
Polymarket Perps WLD-USD+0.0100%1h0.4571−0.162%$40K$2.1M10xas long as short
SunX WLD-USDT+0.0100%8h0.45780.000%$22K$1.6M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4574−0.087%$172$5K10xas long as short
HTX WLD-USDTshort+0.0100%8h0.4574−0.087%$836K$1.8M50x
Phemex WLDUSDT+0.0100%8h0.4575−0.066%$1.8M$3.7M50xas long as short
Extended WLD-USD+0.0104%1h0.4579+0.028%$220K$981K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4575−0.066%$31K$6003xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4571−0.160%20xas long as short
01 Exchange WLDUSD+0.0136%1h0.4575−0.072%$327$805xas long as short
Phoenix WLD+0.0158%1h0.4588+0.216%$5K$52K10xas long as short
BloFin WLD-USDT+0.0220%8h0.4576−0.044%$4.9M$831K75xas long as short
GMX WLD/USD [ETH-USDC]L +0.0229% / S −0.1268%1h0.4574−0.094%$5K100xas long as short
Hyperliquid WLD+0.0329%1h0.4583+0.118%$50.3M$43.3M10xas long as short
Kraken Futures PF_WLDUSD+0.0479%1h0.4577−0.026%$884K$2.8M50xas long as short
Coinbase International WLD-PERP-INTX+0.0496%1h0.4593+0.328%$269K$1.7M50xas long as short