Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.014%

Price spread now: edgeX against MEXC−0.009%53s7-day average −0.005% · you buy dearer than you sell

Net, funding: paid 7d − costs−$10as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$210.211% of the position

Long on MEXC Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.109%+$11 on $10k

Price spread, last 4 days (all we have)+0.591%+$59 · spread now −0.009%, 7d avg −0.005%

Together, before fees+0.700%+ Points / potential airdropedgeX: Active · farm board+$70 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC WLD_USDT	0.4621	0.0100	pay 0.0100% / 8h	5h 34m	$45.6M	$54.3M	300x
Short	edgeX WLDUSDC	0.4621	0.0100	get 0.0050% / 4h	1h 34m	$27K	$318K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against MEXC. 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 MEXCbpFee edgeXbpOrdersPrice spread, now −0.009%Rate

Funding earned: $0
Price spread: −0.009% → −0.005%: −$0.43
Slippage, 4 orders: −$12.13
Fee MEXC: 0 bp × 2 orders: $0
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$21.56
Costs to cover: 0.211%
Break-even: never at this rate

Slippage from MEXC: live order book, 4 min ago; edgeX: live order book, 28 min ago.

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 MEXC live order book, 4 min ago	1.08 bp	2.0 bp −$2	6.6 bp −$66	31.2 bp −$3,121	79.1 bp −$39.5K
Sell edgeX live order book, 28 min ago	4.28 bp	8.8 bp −$9	17.1 bp −$171	doesn't fit	doesn't fit

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
Kalshi KXWLDPERP	−0.0135%	8h	0.4642	+0.454%	$57K	$4.5M	1.7x	as long as short
KuCoin WLDUSDTM	−0.0041%	8h	0.4618	−0.065%	$7.1M	$11.6M	50x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4621	−0.008%	$165K	$26K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4642	+0.454%	$120K	$923K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4641	+0.427%	$56K	—	150x	as long as short
Nado WLD-PERP	+0.0028%	1h	0.4639	+0.390%	$268K	$187K	5x	as long as short
Orderly PERP_WLD_USDC	+0.0073%	8h	0.4641	+0.433%	$28K	$893K	10x	as long as short
Gate WLD_USDT	+0.0094%	8h	0.4624	+0.065%	$7.2M	$36.8M	75x	as long as short
01 Exchange WLDUSD	+0.0096%	1h	0.4622	+0.032%	$331	$80	5x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4632	+0.245%	$174K	$1.0M	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	0.4621	−0.002%	$48K	$511K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4621	+0.002%	$87.8M	$324.8M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4621	0.000%	$66.0M	$87.9M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4622	+0.022%	$34.9M	$148.7M	50x	as long as short
MEXC WLD_USDTlong	+0.0100%	8h	0.4621	long leg	$45.6M	$54.3M	300x
Bitget WLDUSDT	+0.0100%	8h	0.4620	−0.022%	$30.5M	$29.5M	75x	as long as short
BingX WLD-USDC	+0.0100%	8h	0.4620	−0.022%	—	$1.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4640	+0.407%	$137K	$290K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4633	+0.251%	$2.1M	$1.7M	—	as long as short
edgeX WLDUSDCshort	+0.0100%	4h	0.4621	−0.009%	$27K	$318K	20x
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4619	−0.044%	$607K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4623	+0.043%	$51K	$236K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4643	+0.480%	$54K	$2.0M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4649	+0.606%	$23K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4641	+0.433%	$290	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4634	+0.281%	$846K	$1.9M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4639	+0.390%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4620	−0.016%	$213K	$927K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4641	+0.433%	$31K	$600	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4643	+0.470%	—	—	20x	as long as short
Phoenix WLD	+0.0172%	1h	0.4625	+0.078%	$5K	$57K	10x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4638	+0.368%	$5.0M	$804K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0230% / S −0.1268%	1h	0.4641	+0.427%	$5K	—	100x	as long as short
Lighter WLD	+0.0232%	1h	0.4625	+0.091%	$5.0M	$2.3M	10x	as long as short
Coinbase International WLD-PERP-INTX	+0.0480%	1h	0.4646	+0.541%	$276K	$1.7M	50x	as long as short
Hyperliquid WLD	+0.0489%	1h	0.4626	+0.102%	$51.5M	$42.9M	10x	as long as short
Injective WLD/USDC PERP	+0.0677%	1h	0.4616	−0.108%	$6K	$185K	5.5x	as long as short
Kraken Futures PF_WLDUSD	+0.0893%	1h	0.4639	+0.386%	$902K	$2.9M	50x	as long as short