Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.016%

Price spread now: SunX against MEXC−0.086%7-day average +0.158% · you buy dearer than you sell

Net, funding: paid 7d − costs−$77as in the Funding arb table

Net, price: spread back to 7d avg − costs−$114as in the Price arb table

costs, in and out, $10k−$900.898% of the position

Long on MEXC Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.130%+$13 on $10k

Price spread, last 3 days (all we have)+0.436%+$44 · spread now −0.086%, 7d avg +0.158%

Together, before fees+0.566%+$57 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: SunX is 0.245% cheaper against MEXC than usual: you would sell low and buy high, −$24 on $10k if it goes back to its 7-day average of +0.158%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC WLD_USDT	0.4636	0.0100	pay 0.0100% / 8h	48m 35s	$50.3M	$51.7M	300x
Short	SunX WLD-USDT	0.4632	0.0100	get 0.0100% / 8h	48m 35s	$23K	$1.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now −0.086%Rate

Funding earned: $0
Price spread: −0.086% → +0.158%: −$24.46
Slippage, 4 orders: −$81.76
Fee MEXC: 0 bp × 2 orders: $0
Fee SunX: 4 bp × 2 orders: −$8
Net: −$114.22
Costs to cover: 0.898%
Break-even: never at this rate

Slippage from MEXC: live order book, 5 min ago; SunX: live order book, 6 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	1.08 bp	1.4 bp −$1	5.1 bp −$51	23.1 bp −$2,314	77.2 bp −$38.6K
Sell SunX live order book, 6 min ago	30.22 bp	46.5 bp −$47	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
Kalshi KXWLDPERP	−0.0239%	8h	0.4627	−0.194%	$42K	$3.8M	1.7x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4635	−0.024%	$165K	$13K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4626	−0.216%	$112K	$884K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4628	−0.168%	$58K	—	150x	as long as short
Orderly PERP_WLD_USDC	+0.0012%	8h	0.4625	−0.237%	$28K	$909K	10x	as long as short
KuCoin WLDUSDTM	+0.0018%	8h	0.4634	−0.043%	$7.1M	$10.9M	50x	as long as short
Nado WLD-PERP	+0.0067%	1h	0.4632	−0.086%	$279K	$169K	5x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4635	−0.017%	$196K	$1.0M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4636	+0.007%	$53K	$483K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4633	−0.054%	$87.8M	$298.9M	75x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit WLDUSDT	+0.0100%	8h	0.4631	−0.108%	$66.3M	$82.4M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4632	−0.086%	$34.6M	$143.6M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4633	−0.065%	$7.5M	$35.3M	75x	as long as short
MEXC WLD_USDTlong	+0.0100%	8h	0.4636	long leg	$50.3M	$51.7M	300x
Bitget WLDUSDT	+0.0100%	8h	0.4633	−0.065%	$30.6M	$25.7M	75x	as long as short
BingX WLD-USDT	+0.0100%	8h	0.4634	−0.043%	—	$66.9M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4629	−0.149%	$131K	$270K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4627	−0.196%	$2.1M	$1.6M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4630	−0.134%	$27K	$316K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4636	0.000%	$626K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4637	+0.022%	$56K	$228K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4636	−0.009%	$43K	$1.6M	10x	as long as short
SunX WLD-USDTshort	+0.0100%	8h	0.4632	−0.086%	$23K	$1.5M	50x
SoDEX WLD-USD	+0.0100%	1h	0.4626	−0.216%	$206	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4620	−0.345%	$872K	$1.8M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4625	−0.237%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4631	−0.104%	$237K	$859K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4627	−0.183%	$31K	$5K	3x	as long as short
Phoenix WLD	+0.0104%	1h	0.4632	−0.075%	$5K	$53K	10x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4630	−0.121%	—	—	20x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4627	−0.194%	$4.9M	$828K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0261% / S −0.2221%	1h	0.4628	−0.180%	$9K	—	100x	as long as short
01 Exchange WLDUSD	+0.0296%	1h	0.4637	+0.017%	$332	$77	5x	as long as short
Injective WLD/USDC PERP	+0.0373%	1h	0.4612	−0.518%	$6K	$185K	5.5x	as long as short
Coinbase International WLD-PERP-INTX	+0.0440%	1h	0.4630	−0.129%	$275K	$1.7M	50x	as long as short
Hyperliquid WLD	+0.0657%	1h	0.4645	+0.186%	$50.6M	$42.9M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.0710%	1h	0.4629	−0.159%	$921K	$2.6M	50x	as long as short
Lighter WLD	+0.1728%	1h	0.4648	+0.252%	$5.3M	$2.0M	10x	as long as short