Settings8H · net · $10k
Funding arb · Price arb /

WLD

all WLD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0131%/8h= +14.3% APRpaid last 24h +0.011%
Price spread now: Bybit against Nado+0.095%7-day average −0.011% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$490.492% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.112%+$11 on $10k
Price spread, last 3 days (all we have)−0.156%−$16 · spread now +0.095%, 7d avg −0.011%
Together, before fees−0.044%+ Points / potential airdropNado: Active · farm board−$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Bybit is 0.106% dearer against Nado than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.011%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado WLD-PERP0.4747−0.0031get 0.0004% / 1h17m 10s$279K$176K5x
ShortBybit WLDUSDT0.47510.0100get 0.0100% / 8h7h 17m$68.8M$83.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Nado. 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

Funding earned
$27.41
Price spread: +0.095% → −0.011%
$10.58
Slippage, 4 orders
−$31.22
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$11.22
Costs to cover
0.492%
Break-even
9.9 days
Slippage from Nado: live order book, 55 min ago; Bybit: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Nado live order book, 55 min ago5.24 bp12.7 bp −$1330.3 bp −$303doesn't fitdoesn't fit
Sell Bybit live order book, 2 min ago1.06 bp10.5 bp −$1120.9 bp −$209111.3 bp −$11.1Kdoesn't fit

WLD on 38 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex WLDUSDT−0.0259%8h0.4740−0.137%$1.9M$3.7M50xas long as short
Kalshi KXWLDPERP−0.0167%8h0.4742−0.095%$32K$4.0M1.7xas long as short
Nado WLD-PERPlong−0.0031%1h0.4747long leg$279K$176K5x
KuCoin WLDUSDTM−0.0016%8h0.4744−0.053%$7.1M$11.2M50xas long as short
dYdX WLD-USD0.0000%1h0.4744−0.057%$169K$12K10xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0002%1h0.4741−0.116%$57K150xas long as short
Injective WLD/USDC PERP+0.0038%1h0.4744−0.053%$6K$185K5.5xas long as short
Orderly PERP_WLD_USDC+0.0049%8h0.4742−0.095%$29K$902K10xas long as short
Aster WLDUSDT+0.0100%8h0.4746−0.013%$212K$974K50xas long as short
Pacifica WLD+0.0100%1h0.4747+0.011%$56K$482K5xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance WLDUSDT+0.0100%8h0.4750+0.074%$90.9M$309.4M75xas long as short
Bybit WLDUSDTshort+0.0100%8h0.4751+0.095%$68.8M$83.5M50x
OKX WLD-USDT-SWAP+0.0100%8h0.4750+0.074%$36.1M$150.6M50xas long as short
Gate WLD_USDT+0.0100%8h0.4747+0.011%$7.7M$36.1M75xas long as short
MEXC WLD_USDT+0.0100%8h0.4750+0.074%$49.2M$54.7M300xas long as short
Bitget WLDUSDT+0.0100%8h0.4748+0.032%$31.8M$27.1M75xas long as short
BingX WLD-USDC+0.0100%8h0.4749+0.053%$1.3Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4750+0.082%$141K$277K10xas long as short
Variational Omni WLD+0.0100%8h0.4717−0.627%$2.1M$1.7Mas long as short
edgeX WLDUSDC+0.0100%4h0.4710−0.767%$28K$317K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4720−0.559%$623K$1.9M10xas long as short
ApeX Omni WLDUSDT+0.0100%1h0.4712−0.727%$57K$231K50xas long as short
Polymarket Perps WLD-USD+0.0100%1h0.4751+0.088%$47K$1.7M10xas long as short
SunX WLD-USDT+0.0100%8h0.4747+0.011%$24K$1.5M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4744−0.053%$230$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4740−0.137%$878K$1.8M50xas long as short
Extended WLD-USD+0.0104%1h0.4742−0.084%$219K$894K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4744−0.042%$32K$6003xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4744−0.057%20xas long as short
Phoenix WLD+0.0157%1h0.4717−0.617%$5K$53K10xas long as short
Deribit WLD_USDC-PERPETUAL+0.0172%1h0.4746−0.011%$136K$863K25xas long as short
BloFin WLD-USDT+0.0220%8h0.4745−0.032%$5.0M$881K75xas long as short
GMX WLD/USD [ETH-USDC]L +0.0240% / S −0.1538%1h0.4738−0.170%$6K100xas long as short
01 Exchange WLDUSD+0.0240%1h0.4749+0.046%$340$775xas long as short
Kraken Futures PF_WLDUSD+0.0317%1h0.4747+0.015%$935K$2.7M50xas long as short
Coinbase International WLD-PERP-INTX+0.0448%1h0.4751+0.095%$278K$1.7M50xas long as short
Hyperliquid WLD+0.0858%1h0.4758+0.236%$53.4M$43.8M10xas long as short
Lighter WLD+0.1016%1h0.4755+0.190%$5.4M$2.0M10xas long as short