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 −0.011%

Price spread now: Variational Omni against MEXC−0.330%7-day average −0.033% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on MEXC Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.005%−$1 on $10k

Price spread, last 7 days+0.298%+$30 · spread now −0.330%, 7d avg −0.033%

Together, before fees+0.293%+ Points / potential airdropVariational Omni: Active · farm board+$29 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: Variational Omni is 0.297% cheaper against MEXC than usual: you would sell low and buy high, −$30 on $10k if it goes back to its 7-day average of −0.033%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC WLD_USDT	0.4582	0.0100	pay 0.0100% / 8h	4m 40s	$45.8M	$53.4M	300x
Short	Variational Omni WLD	0.4567	0.0100	get 0.0100% / 8h	4m 40s	$2.0M	$1.7M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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 Variational OmnibpOrdersPrice spread, now −0.330%Rate

Funding earned: $0
Price spread: −0.330% → −0.033%: −$29.68
Slippage, 4 orders: no order book: not counted
Fee MEXC: 0 bp × 2 orders: $0
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$29.68
Costs to cover: 0.000%
Break-even: never at this rate

Slippage unknown: MEXC: live order book, 4 min ago; Variational Omni: RFQ quote, 4 min ago. 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 MEXC live order book, 4 min ago	1.09 bp	1.5 bp −$1	4.0 bp −$40	19.8 bp −$1,976	71.4 bp −$35.7K
Sell Variational Omni RFQ quote, 4 min ago	4.36 bp	doesn't fit	17.4 bp −$174	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	−0.0185%	8h	0.4572	−0.218%	$65K	$3.9M	1.7x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4579	−0.060%	$163K	$13K	10x	as long as short
KuCoin WLDUSDTM	+0.0003%	8h	0.4576	−0.131%	$6.9M	$11.0M	50x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4575	−0.148%	$56K	—	150x	as long as short
Orderly PERP_WLD_USDC	+0.0036%	8h	0.4574	−0.175%	$28K	$906K	10x	as long as short
Nado WLD-PERP	+0.0040%	1h	0.4572	−0.218%	$275K	$169K	5x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4581	−0.027%	$192K	$1.0M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4583	+0.011%	$54K	$487K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4583	+0.012%	$86.6M	$303.7M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4583	+0.022%	$66.0M	$82.8M	50x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4583	+0.022%	$34.3M	$143.7M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4580	−0.044%	$7.5M	$36.0M	75x	as long as short
MEXC WLD_USDTlong	+0.0100%	8h	0.4582	long leg	$45.8M	$53.4M	300x
Bitget WLDUSDT	+0.0100%	8h	0.4582	0.000%	$30.3M	$26.1M	75x	as long as short
BingX WLD-USDC	+0.0100%	8h	0.4580	−0.044%	—	$1.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4575	−0.148%	$136K	$283K	10x	as long as short
Variational Omni WLDshort	+0.0100%	8h	0.4567	−0.330%	$2.0M	$1.7M	—
edgeX WLDUSDC	+0.0100%	4h	0.4574	−0.182%	$27K	$317K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4582	−0.010%	$605K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4572	−0.218%	$55K	$229K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4576	−0.124%	$48K	$1.6M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4580	−0.044%	$23K	$1.5M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4575	−0.153%	$218	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4567	−0.327%	$850K	$1.8M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4574	−0.175%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4578	−0.096%	$231K	$847K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4576	−0.132%	$31K	$5K	3x	as long as short
Phoenix WLD	+0.0104%	1h	0.4592	+0.214%	$5K	$53K	10x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4573	−0.189%	—	—	20x	as long as short
Deribit WLD_USDC-PERPETUAL	+0.0187%	1h	0.4577	−0.109%	$122K	$897K	25x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4575	−0.153%	$4.9M	$822K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0229% / S −0.1268%	1h	0.4575	−0.158%	$5K	—	100x	as long as short
01 Exchange WLDUSD	+0.0264%	1h	0.4577	−0.105%	$327	$77	5x	as long as short
Injective WLD/USDC PERP	+0.0373%	1h	0.4585	+0.065%	$6K	$185K	5.5x	as long as short
Coinbase International WLD-PERP-INTX	+0.0440%	1h	0.4579	−0.065%	$272K	$1.6M	50x	as long as short
Hyperliquid WLD	+0.0511%	1h	0.4590	+0.179%	$50.9M	$43.6M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.0718%	1h	0.4578	−0.081%	$901K	$2.7M	50x	as long as short
Lighter WLD	+0.1288%	1h	0.4592	+0.227%	$5.2M	$2.0M	10x	as long as short