Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0109%/8h= +11.9% APRpaid last 24h +0.021%

Price spread now: SoDEX against KuCoin+0.131%7-day average — · you sell dearer than you buy

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

Long on KuCoin Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and SoDEX is 0.131% dearer against KuCoin than usual: you sell high and buy low: +$13 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin WLDUSDTM	0.4572	−0.0009	get 0.0009% / 8h	4h 19m	$6.9M	$11.6M	50x
Short	SoDEX WLD-USD	0.4578	0.0100	get 0.0013% / 1h	19m 01s	$176	$5K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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

Position, each leg$Hold fordaysFee KuCoinbpFee SoDEXbpOrdersPrice spread, now +0.131%Rate

Funding earned: $22.89
Price spread: +0.131% → 0.000%: $13.12
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee SoDEX: 4 bp × 2 orders: −$8
Net: $16.01
Costs to cover: 0.200%
Break-even: 2.1 days

Slippage unknown: KuCoin: live order book, 4 min ago; SoDEX: no order-book sample. 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 KuCoin live order book, 4 min ago	2.18 bp	18.3 bp −$18	31.3 bp −$313	doesn't fit	doesn't fit
Sell SoDEX no order-book sample	—	—	—	—	—

SoDEX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Nado WLD-PERP	−0.0041%	1h	0.4579	+0.164%	$243K	$205K	5x	as long as short
KuCoin WLDUSDTMlong	−0.0009%	8h	0.4572	long leg	$6.9M	$11.6M	50x
dYdX WLD-USD	0.0000%	1h	0.4577	+0.113%	$156K	$33K	10x	as long as short
Kalshi KXWLDPERP	0.0000%	8h	0.4580	+0.175%	$46K	$4.6M	1.7x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4579	+0.153%	$118K	$942K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4581	+0.194%	$66K	—	150x	as long as short
Injective WLD/USDC PERP	+0.0014%	1h	0.4544	−0.612%	$6K	$185K	5.5x	as long as short
Orderly PERP_WLD_USDC	+0.0094%	8h	0.4578	+0.131%	$28K	$886K	10x	as long as short
Lighter WLD	+0.0096%	1h	0.4582	+0.214%	$4.9M	$2.4M	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4581	+0.207%	$211K	$1.1M	50x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica WLD	+0.0100%	1h	0.4579	+0.154%	$49K	$527K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4573	+0.022%	$86.7M	$328.3M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4572	0.000%	$65.0M	$89.2M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4573	+0.022%	$34.3M	$149.6M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4575	+0.066%	$7.2M	$37.0M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4573	+0.022%	$43.9M	$54.4M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4572	0.000%	$30.2M	$30.2M	75x	as long as short
BingX WLD-USDT	+0.0100%	8h	0.4575	+0.066%	—	$67.5M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4578	+0.122%	$136K	$300K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4579	+0.146%	$2.1M	$1.7M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4586	+0.315%	$27K	$319K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4593	+0.459%	$604K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4583	+0.241%	$43K	$239K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4579	+0.160%	$40K	$2.1M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4588	+0.350%	$23K	$1.6M	50x	as long as short
SoDEX WLD-USDshort	+0.0100%	1h	0.4578	+0.131%	$176	$5K	10x
HTX WLD-USDT	+0.0100%	8h	0.4577	+0.109%	$837K	$1.8M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4578	+0.131%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4571	−0.027%	$220K	$981K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4579	+0.153%	$31K	$600	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4580	+0.168%	—	—	20x	as long as short
01 Exchange WLDUSD	+0.0136%	1h	0.4582	+0.212%	$328	$80	5x	as long as short
Phoenix WLD	+0.0158%	1h	0.4588	+0.348%	$5K	$52K	10x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4576	+0.087%	$4.9M	$831K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0229% / S −0.1268%	1h	0.4583	+0.235%	$5K	—	100x	as long as short
Hyperliquid WLD	+0.0330%	1h	0.4583	+0.236%	$50.3M	$43.3M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.0479%	1h	0.4580	+0.173%	$884K	$2.8M	50x	as long as short
Coinbase International WLD-PERP-INTX	+0.0496%	1h	0.4593	+0.459%	$269K	$1.7M	50x	as long as short