Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.014%

Price spread now: Pacifica against MEXC+0.021%7-day average +0.043% · you sell dearer than you buy

Net, funding: paid 7d − costs−$17as in the Funding arb table

Net, price: spread back to 7d avg − costs−$30as in the Price arb table

costs, in and out, $10k−$280.283% of the position

Long on MEXC Short on Pacifica

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)+0.102%+$10 · spread now +0.021%, 7d avg +0.043%

Together, before fees+0.211%+ Points / potential airdropPacifica: Active · farm board+$21 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Pacifica is 0.022% cheaper against MEXC than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.043%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC WLD_USDT	0.4764	0.0100	pay 0.0100% / 8h	7h 15m	$49.9M	$54.8M	300x
Short	Pacifica WLD	0.4765	0.0100	get 0.0013% / 1h	15m 43s	$56K	$482K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 PacificabpOrdersPrice spread, now +0.021%Rate

Funding earned: $0
Price spread: +0.021% → +0.043%: −$2.17
Slippage, 4 orders: −$20.32
Fee MEXC: 0 bp × 2 orders: $0
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$30.49
Costs to cover: 0.283%
Break-even: never at this rate

Slippage from MEXC: live order book, 3 min ago; Pacifica: live order book, 58 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, 3 min ago	1.06 bp	2.2 bp −$2	8.0 bp −$80	44.5 bp −$4,451	87.1 bp −$43.5K
Sell Pacifica live order book, 58 min ago	4.36 bp	11.3 bp −$11	doesn't fit	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
Phemex WLDUSDT	−0.0224%	8h	0.4759	−0.105%	$1.9M	$3.7M	50x	as long as short
Kalshi KXWLDPERP	−0.0165%	8h	0.4755	−0.189%	$30K	$4.0M	1.7x	as long as short
Nado WLD-PERP	−0.0032%	1h	0.4758	−0.115%	$278K	$177K	5x	as long as short
KuCoin WLDUSDTM	−0.0015%	8h	0.4761	−0.063%	$7.1M	$11.2M	50x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4764	−0.007%	$170K	$12K	10x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0002%	1h	0.4756	−0.167%	$57K	—	150x	as long as short
Injective WLD/USDC PERP	+0.0038%	1h	0.4744	−0.420%	$6K	$185K	5.5x	as long as short
Orderly PERP_WLD_USDC	+0.0049%	8h	0.4758	−0.126%	$29K	$902K	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4764	+0.010%	$213K	$979K	50x	as long as short
Pacifica WLDshort	+0.0100%	1h	0.4765	+0.021%	$56K	$482K	5x

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance WLDUSDT	+0.0100%	8h	0.4764	0.000%	$91.1M	$309.8M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4764	0.000%	$69.1M	$83.5M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4763	−0.021%	$36.2M	$151.0M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4762	−0.042%	$7.7M	$36.2M	75x	as long as short
MEXC WLD_USDTlong	+0.0100%	8h	0.4764	long leg	$49.9M	$54.8M	300x
Bitget WLDUSDT	+0.0100%	8h	0.4767	+0.063%	$31.9M	$27.1M	75x	as long as short
BingX WLD-USDT	+0.0100%	8h	0.4763	−0.021%	—	$67.2M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4760	−0.092%	$141K	$277K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4758	−0.131%	$2.1M	$1.7M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4710	−1.132%	$28K	$317K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4720	−0.925%	$623K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4712	−1.092%	$57K	$231K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4758	−0.120%	$47K	$1.7M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4764	0.000%	$24K	$1.5M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4761	−0.063%	$233	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4751	−0.273%	$881K	$1.8M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4762	−0.042%	$220K	$894K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4760	−0.078%	$32K	$600	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4754	−0.215%	—	—	20x	as long as short
Phoenix WLD	+0.0157%	1h	0.4717	−0.982%	$5K	$53K	10x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4745	−0.399%	$5.0M	$881K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0240% / S −0.1538%	1h	0.4755	−0.196%	$7K	—	100x	as long as short
01 Exchange WLDUSD	+0.0248%	1h	0.4760	−0.092%	$341	$77	5x	as long as short
Kraken Futures PF_WLDUSD	+0.0316%	1h	0.4765	+0.023%	$944K	$2.7M	50x	as long as short
Deribit WLD_USDC-PERPETUAL	+0.0380%	1h	0.4762	−0.042%	$136K	$863K	25x	as long as short
Coinbase International WLD-PERP-INTX	+0.0448%	1h	0.4759	−0.105%	$278K	$1.7M	50x	as long as short
Hyperliquid WLD	+0.0871%	1h	0.4772	+0.176%	$53.5M	$44.0M	10x	as long as short
Lighter WLD	+0.1016%	1h	0.4773	+0.197%	$5.4M	$2.0M	10x	as long as short