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

WLD

all WLD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0068%/8h= −7.5% APRnext payment $0.09 per $10,000 · paid last 24h 0.000%
Price spread now: Deribit against Nado−0.087%46s7-day average +0.063% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$380.376% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.034%+$3 on $10k
Price spread, last 3 days (all we have)+0.428%+$43 · spread now −0.087%, 7d avg +0.063%
Together, before fees+0.463%+ Points / potential airdropNado: Active · farm board+$46 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Deribit is 0.150% cheaper against Nado than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of +0.063%). Swap the legs. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado WLD-PERP0.45890.0068pay 0.0009% / 1h35m 24s$276K$169K5x
ShortDeribit WLD_USDC-PERPETUAL0.45850get 0.0000% / 1h35m 24s$107K$890K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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
−$14.32
Price spread: −0.087% → +0.063%
−$14.98
Slippage, 4 orders
−$23.62
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$66.92
Costs to cover
0.376%
Break-even
never at this rate
Slippage from Nado: live order book, 47 min ago; Deribit: live order book, 49 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, 47 min ago2.53 bp15.3 bp −$1536.3 bp −$363doesn't fitdoesn't fit
Sell Deribit live order book, 49 min ago2.19 bp9.4 bp −$9doesn't fitdoesn'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−0.0374%8h0.4582−0.153%$44K$3.8M1.7xas long as short
Injective WLD/USDC PERP−0.0079%1h0.4623+0.741%$6K$185K5.5xas long as short
Orderly PERP_WLD_USDC−0.0004%8h0.4587−0.044%$28K$914K10xas long as short
KuCoin WLDUSDTM−0.0002%8h0.4587−0.044%$7.0M$10.7M50xas long as short
dYdX WLD-USD0.0000%1h0.4584−0.098%$164K$13K10xas long as short
Deribit WLD_USDC-PERPETUALshort0.0000%1h0.4585−0.087%$107K$890K25x
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4588−0.027%$57K150xas long as short
Variational Omni WLD+0.0056%8h0.4588−0.022%$2.1M$1.6Mas long as short
Nado WLD-PERPlong+0.0068%1h0.4589long leg$276K$169K5x
Aster WLDUSDT+0.0100%8h0.4586−0.055%$216K$988K50xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica WLD+0.0100%1h0.4585−0.077%$51K$480K5xas long as short
Binance WLDUSDT+0.0100%8h0.4587−0.054%$87.0M$296.1M75xas long as short
Bybit WLDUSDT+0.0100%8h0.4587−0.044%$65.9M$81.2M50xas long as short
OKX WLD-USDT-SWAP+0.0100%8h0.4584−0.109%$34.3M$141.0M50xas long as short
Gate WLD_USDT+0.0100%8h0.4586−0.065%$7.5M$35.1M75xas long as short
MEXC WLD_USDT+0.0100%8h0.4587−0.044%$49.2M$51.4M300xas long as short
Bitget WLDUSDT+0.0100%8h0.4585−0.087%$30.2M$25.4M75xas long as short
BingX WLD-USDC+0.0100%8h0.4587−0.044%$1.3Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4581−0.179%$127K$269K10xas long as short
edgeX WLDUSDC+0.0100%4h0.4589−0.003%$27K$315K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4590+0.030%$626K$1.9M10xas long as short
ApeX Omni WLDUSDT+0.0100%1h0.4625+0.784%$56K$226K50xas long as short
Polymarket Perps WLD-USD+0.0100%1h0.4590+0.017%$47K$1.6M10xas long as short
SunX WLD-USDT+0.0100%8h0.4590+0.022%$23K$1.5M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4581−0.174%$202$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4583−0.131%$865K$1.8M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4576−0.283%$1.8M$3.8M50xas long as short
Extended WLD-USD+0.0104%1h0.4585−0.093%$241K$855K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4587−0.053%$31K$5K3xas long as short
Phoenix WLD+0.0124%1h0.4603+0.314%$5K$53K10xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4588−0.011%20xas long as short
Kraken Futures PF_WLDUSD+0.0186%1h0.4584−0.112%$919K$2.6M50xas long as short
BloFin WLD-USDT+0.0220%8h0.4585−0.087%$4.9M$815K75xas long as short
01 Exchange WLDUSD+0.0256%1h0.4590+0.013%$328$775xas long as short
GMX WLD/USD [ETH-USDC]L +0.0260% / S −0.2221%1h0.4587−0.045%$9K100xas long as short
Coinbase International WLD-PERP-INTX+0.0424%1h0.4586−0.065%$270K$1.6M50xas long as short
Lighter WLD+0.0904%1h0.4595+0.131%$5.2M$2.1M10xas long as short
Hyperliquid WLD+0.1028%1h0.4596+0.144%$50.0M$43.1M10xas long as short