Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.003%

Price spread now: OKX against MEXC0.000%7-day average −0.020% · you sell dearer than you buy

Net, funding: paid 7d − costs−$21as in the Funding arb table

Net, price: spread back to 7d avg − costs−$20as in the Price arb table

costs, in and out, $10k−$220.223% of the position

Long on MEXC Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.011%+$1 on $10k

Price spread, last 7 days−0.013%−$1 · spread now 0.000%, 7d avg −0.020%

Together, before fees−0.003%$0 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	0.4572	0.0100	pay 0.0100% / 8h	4h 44m	$44.4M	$53.8M	300x
Short	OKX WLD-USDT-SWAP	0.4572	0.0100	get 0.0100% / 8h	4h 44m	$34.3M	$149.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → −0.020%: $1.97
Slippage, 4 orders: −$12.25
Fee MEXC: 0 bp × 2 orders: $0
Fee OKX: 5 bp × 2 orders: −$10
Net: −$20.28
Costs to cover: 0.223%
Break-even: never at this rate

Slippage from MEXC: live order book, 5 min ago; OKX: live order book, 5 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, 5 min ago	2.19 bp	2.2 bp −$2	6.5 bp −$65	25.9 bp −$2,585	83.4 bp −$41.7K
Sell OKX live order book, 5 min ago	1.10 bp	8.2 bp −$8	21.7 bp −$217	185.1 bp −$18.5K	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	−0.0106%	8h	0.4569	−0.066%	$62K	$4.6M	1.7x	as long as short
Nado WLD-PERP	−0.0073%	1h	0.4580	+0.175%	$243K	$205K	5x	as long as short
KuCoin WLDUSDTM	−0.0035%	8h	0.4569	−0.066%	$7.0M	$11.7M	50x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4568	−0.096%	$156K	$33K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4572	0.000%	$118K	$927K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4572	−0.004%	$66K	—	150x	as long as short
Injective WLD/USDC PERP	+0.0014%	1h	0.4558	−0.306%	$6K	$185K	5.5x	as long as short
01 Exchange WLDUSD	+0.0032%	1h	0.4581	+0.195%	$328	$80	5x	as long as short
Orderly PERP_WLD_USDC	+0.0084%	8h	0.4571	−0.022%	$28K	$888K	10x	as long as short
Lighter WLD	+0.0096%	1h	0.4577	+0.101%	$4.9M	$2.4M	10x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster WLDUSDT	+0.0100%	8h	0.4576	+0.094%	$190K	$1.1M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4571	−0.011%	$49K	$528K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4572	0.000%	$86.7M	$327.2M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4571	−0.022%	$65.2M	$88.8M	50x	as long as short
OKX WLD-USDT-SWAPshort	+0.0100%	8h	0.4572	0.000%	$34.3M	$149.1M	50x
Gate WLD_USDT	+0.0100%	8h	0.4576	+0.087%	$7.2M	$36.7M	75x	as long as short
MEXC WLD_USDTlong	+0.0100%	8h	0.4572	long leg	$44.4M	$53.8M	300x
Bitget WLDUSDT	+0.0100%	8h	0.4572	0.000%	$30.2M	$30.1M	75x	as long as short
BingX WLD-USDC	+0.0100%	8h	0.4572	0.000%	—	$1.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4573	+0.026%	$135K	$298K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4562	−0.226%	$2.1M	$1.7M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4564	−0.172%	$27K	$320K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4561	−0.240%	$600K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4566	−0.131%	$43K	$239K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4578	+0.136%	$51K	$2.1M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4578	+0.131%	$23K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4572	0.000%	$175	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4577	+0.109%	$837K	$1.9M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4573	+0.022%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4569	−0.059%	$220K	$981K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4570	−0.039%	$31K	$600	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4579	+0.146%	—	—	20x	as long as short
Phoenix WLD	+0.0158%	1h	0.4569	−0.057%	$5K	$52K	10x	as long as short
Hyperliquid WLD	+0.0196%	1h	0.4585	+0.289%	$50.3M	$43.2M	10x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4564	−0.175%	$4.9M	$845K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0229% / S −0.1268%	1h	0.4573	+0.024%	$5K	—	100x	as long as short
Kraken Futures PF_WLDUSD	+0.0480%	1h	0.4573	+0.027%	$885K	$2.8M	50x	as long as short
Coinbase International WLD-PERP-INTX	+0.0496%	1h	0.4583	+0.241%	$269K	$1.7M	50x	as long as short