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

WLD

all WLD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC+0.0356%/8h= +39.0% APRnext payment +$0.44 per $10,000 · paid last 24h +0.077%
Price spread now: Coinbase International against Nado+0.033%7-day average +0.082% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$93as in the Price arb table
costs, in and out, $10k−$880.878% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.186%+$19 on $10k
Price spread, last 3 days (all we have)+0.254%+$25 · spread now +0.033%, 7d avg +0.082%
Together, before fees+0.440%+ Points / potential airdropNado: Active · farm board+$44 on $10k · with fees, hour by hour
Funding pays, the price is against you. Coinbase International is 0.049% cheaper against Nado than usual: you would sell low and buy high (spread +0.033% now, against its 7-day average of +0.082%). If the spread goes back, that is −$5 on $10k: about 11 hours of funding at the current rate (+$11 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado WLD-PERP0.45530.0044pay 0.0006% / 1h31m 24s$272K$168K5x
ShortCoinbase International WLD-PERP-INTX0.45550.0400get 0.0050% / 1h31m 24s$279K$1.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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
$74.73
Price spread: +0.033% → +0.082%
−$4.93
Slippage, 4 orders
−$70.76
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$17.96
Costs to cover
0.878%
Break-even
8.7 days
Slippage from Nado: live order book, 56 min ago; Coinbase International: 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, 56 min ago14.47 bp29.8 bp −$3074.9 bp −$749doesn't fitdoesn't fit
Sell Coinbase International live order book, 2 min ago5.49 bp16.8 bp −$1726.4 bp −$264doesn't fitdoesn'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
Kalshi KXWLDPERP−0.0515%8h0.4551−0.055%$44K$3.8M1.7xas long as short
Variational Omni WLD−0.0030%8h0.4535−0.399%$2.1M$1.6Mas long as short
Orderly PERP_WLD_USDC−0.0024%8h0.4555+0.033%$28K$917K10xas long as short
dYdX WLD-USD0.0000%1h0.4551−0.049%$155K$6K10xas long as short
Deribit WLD_USDC-PERPETUAL0.0000%1h0.4557+0.077%$128K$901K25xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4556+0.066%$57K150xas long as short
KuCoin WLDUSDTM+0.0018%8h0.4550−0.077%$7.0M$10.7M50xas long as short
Nado WLD-PERPlong+0.0044%1h0.4553long leg$272K$168K5x
Phoenix WLD+0.0052%1h0.4552−0.040%$5K$52K10xas long as short
OKX WLD-USDT-SWAP+0.0064%8h0.4554+0.011%$34.0M$138.1M50xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid WLD+0.0100%1h0.4560+0.147%$47.2M$40.7M10xas long as short
Aster WLDUSDT+0.0100%8h0.4553−0.020%$215K$981K50xas long as short
Pacifica WLD+0.0100%1h0.4551−0.062%$51K$482K5xas long as short
Binance WLDUSDT+0.0100%8h0.4555+0.034%$85.8M$292.0M75xas long as short
Bybit WLDUSDT+0.0100%8h0.4554+0.011%$65.1M$80.1M50xas long as short
Gate WLD_USDT+0.0100%8h0.4555+0.033%$7.5M$34.5M75xas long as short
MEXC WLD_USDT+0.0100%8h0.4555+0.033%$53.0M$47.1M300xas long as short
Bitget WLDUSDT+0.0100%8h0.4553−0.011%$30.1M$25.2M75xas long as short
BingX WLD-USDT+0.0100%8h0.4554+0.011%$67.9Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4552−0.026%$129K$275K10xas long as short
edgeX WLDUSDC+0.0100%4h0.4552−0.033%$27K$316K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4547−0.139%$614K$1.9M10xas long as short
ApeX Omni WLDUSDT+0.0100%1h0.4553−0.011%$55K$226K50xas long as short
Polymarket Perps WLD-USD+0.0100%1h0.4555+0.035%$54K$1.7M10xas long as short
SunX WLD-USDT+0.0100%8h0.4561+0.165%$22K$1.5M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4554+0.011%$198$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4548−0.121%$858K$1.8M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4550−0.077%$1.8M$3.8M50xas long as short
Extended WLD-USD+0.0104%1h0.4553−0.001%$133K$745K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4557+0.077%$31K$5K3xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4555+0.029%20xas long as short
GMX WLD/USD [ETH-USDC]L +0.0217% / S −0.0307%1h0.4556+0.058%$12K100xas long as short
BloFin WLD-USDT+0.0220%8h0.4545−0.187%$4.9M$801K75xas long as short
Injective WLD/USDC PERP+0.0374%1h0.4622+1.504%$6K$139K5.5xas long as short
Coinbase International WLD-PERP-INTXshort+0.0400%1h0.4555+0.033%$279K$1.6M50x
01 Exchange WLDUSD+0.0432%1h0.4558+0.101%$326$775xas long as short
Lighter WLD+0.1040%1h0.4559+0.116%$5.1M$2.0M10xas long as short
Kraken Futures PF_WLDUSD+0.1095%1h0.4557+0.072%$923K$2.6M50xas long as short