Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0036%/8h= +3.9% APRpaid last 24h +0.006%

Price spread now: 01 Exchange against KuCoin+0.073%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 01 Exchange

What this pair did over the last

the charts below follow

Funding, last 4 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 +$1 a day on $10k at the current rate, and 01 Exchange is 0.073% dearer against KuCoin than usual: you sell high and buy low: +$7 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	0.4524	0.0036	pay 0.0036% / 8h	2h 52m	$6.8M	$11.8M	50x
Short	01 Exchange WLDUSD	0.4527	0.0072	get 0.0009% / 1h	52m 00s	$324	$55	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange 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 01 ExchangebpOrdersPrice spread, now +0.073%Rate

Funding earned: $7.56
Price spread: +0.073% → 0.000%: $7.29
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: −$4.15
Costs to cover: 0.190%
Break-even: 10.8 days

Slippage unknown: KuCoin: live order book, 2 min ago; 01 Exchange: 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, 2 min ago	2.21 bp	15.4 bp −$15	31.5 bp −$315	doesn't fit	doesn't fit
Sell 01 Exchange no order-book sample	—	—	—	—	—

01 Exchange: 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	−0.0040%	1h	0.4522	−0.033%	$240K	$205K	5x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4522	−0.039%	$154K	$33K	10x	as long as short
Kalshi KXWLDPERP	0.0000%	8h	0.4520	−0.088%	$72K	$4.8M	1.7x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4525	+0.022%	$146K	$1.0M	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4523	−0.024%	$65K	—	150x	as long as short
KuCoin WLDUSDTMlong	+0.0036%	8h	0.4524	long leg	$6.8M	$11.8M	50x
Polymarket Perps WLD-USD	+0.0070%	1h	0.4521	−0.062%	$47K	$2.4M	10x	as long as short
01 Exchange WLDUSDshort	+0.0072%	1h	0.4527	+0.073%	$324	$55	5x
Orderly PERP_WLD_USDC	+0.0098%	8h	0.4524	0.000%	$28K	$853K	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4521	−0.077%	$226K	$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	0.4524	−0.001%	$47K	$533K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4523	−0.022%	$86.0M	$336.3M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4522	−0.044%	$64.2M	$91.5M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4523	−0.022%	$34.2M	$153.3M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4523	−0.022%	$7.2M	$36.7M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4523	−0.022%	$38.9M	$55.4M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4521	−0.066%	$29.7M	$30.7M	75x	as long as short
BingX WLD-USDT	+0.0100%	8h	0.4524	0.000%	—	$68.1M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4524	+0.007%	$134K	$305K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4523	−0.029%	$2.0M	$1.7M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4513	−0.246%	$27K	$319K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4524	+0.009%	$600K	$2.0M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4532	+0.177%	$23K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4525	+0.022%	$210	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4520	−0.088%	$826K	$1.8M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4525	+0.022%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4523	−0.016%	$221K	$999K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4526	+0.040%	$31K	$600	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4522	−0.038%	—	—	20x	as long as short
Phoenix WLD	+0.0142%	1h	0.4490	−0.758%	$5K	$52K	10x	as long as short
Lighter WLD	+0.0144%	1h	0.4530	+0.126%	$4.9M	$2.9M	10x	as long as short
Injective WLD/USDC PERP	+0.0176%	1h	0.4519	−0.111%	$6K	$185K	5.5x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0219% / S −0.0967%	1h	0.4522	−0.033%	$4K	—	100x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4515	−0.199%	$4.8M	$927K	75x	as long as short
ApeX Omni WLDUSDT	+0.0243%	1h	0.4518	−0.133%	$48K	$240K	50x	as long as short
Hyperliquid WLD	+0.0333%	1h	0.4529	+0.113%	$49.1M	$44.0M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.0501%	1h	0.4527	+0.063%	$867K	$2.9M	50x	as long as short
Coinbase International WLD-PERP-INTX	+0.0536%	1h	0.4527	+0.066%	$266K	$1.7M	50x	as long as short