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+0.0027%/8h= +3.0% APRnext payment +$0.03 per $10,000 · paid last 24h +0.010%
Price spread now: dYdX against Nado−0.502%49s7-day average +0.043% · 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−$3033.032% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.051%+$5 on $10k
Price spread, last 3 days (all we have)+0.480%+$48 · spread now −0.502%, 7d avg +0.043%
Together, before fees+0.532%+ Points / potential airdropNado: Active · farm board+$53 on $10k · with fees, hour by hour
Funding pays, the price is against you. dYdX is 0.545% cheaper against Nado than usual: you would sell low and buy high (spread −0.502% now, against its 7-day average of +0.043%). If the spread goes back, that is −$55 on $10k: about 2 months of funding at the current rate (+$1 a day). The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado WLD-PERP0.4738−0.0027get 0.0003% / 1h9m 32s$275K$178K5x
ShortdYdX WLD-USD0.47150get 0.0000% / 1h9m 32s$168K$12K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX 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
$5.7
Price spread: −0.502% → +0.043%
−$54.52
Slippage, 4 orders
−$286.21
Fee Nado: 3.5 bp × 2 orders
−$7
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$352.03
Costs to cover
3.032%
Break-even
439.1 days
Slippage from Nado: live order book, 63 min ago; dYdX: live order book, 64 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, 63 min ago5.24 bp12.7 bp −$1330.3 bp −$303doesn't fitdoesn't fit
Sell dYdX live order book, 64 min ago98.52 bp171.5 bp −$172263.3 bp −$2,633472.6 bp −$47.3K905.8 bp −$452.9K

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−0.0159%8h0.4739+0.011%$23K$4.0M1.7xas long as short
Nado WLD-PERPlong−0.0027%1h0.4738long leg$275K$178K5x
KuCoin WLDUSDTM−0.0010%8h0.4710−0.601%$7.1M$11.1M50xas long as short
dYdX WLD-USDshort0.0000%1h0.4715−0.502%$168K$12K10x
Deribit WLD_USDC-PERPETUAL0.0000%1h0.4725−0.285%$135K$863K25xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4727−0.244%$56K150xas long as short
Injective WLD/USDC PERP+0.0038%1h0.4744+0.116%$6K$185K5.5xas long as short
Orderly PERP_WLD_USDC+0.0050%8h0.4723−0.327%$29K$900K10xas long as short
Phemex WLDUSDT+0.0057%8h0.4720−0.390%$1.9M$3.7M50xas long as short
Aster WLDUSDT+0.0100%8h0.4724−0.313%$211K$995K50xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica WLD+0.0100%1h0.4717−0.458%$55K$485K5xas long as short
Binance WLDUSDT+0.0100%8h0.4722−0.348%$90.4M$310.7M75xas long as short
Bybit WLDUSDT+0.0100%8h0.4722−0.348%$68.3M$83.6M50xas long as short
OKX WLD-USDT-SWAP+0.0100%8h0.4722−0.348%$35.8M$149.9M50xas long as short
Gate WLD_USDT+0.0100%8h0.4716−0.475%$7.6M$36.5M75xas long as short
MEXC WLD_USDT+0.0100%8h0.4719−0.412%$49.4M$55.0M300xas long as short
Bitget WLDUSDT+0.0100%8h0.4720−0.390%$31.6M$27.3M75xas long as short
BingX WLD-USDT+0.0100%8h0.4720−0.390%$67.2Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4723−0.323%$140K$277K10xas long as short
Variational Omni WLD+0.0100%8h0.4717−0.460%$2.1M$1.7Mas long as short
edgeX WLDUSDC+0.0100%4h0.4724−0.307%$28K$316K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4749+0.229%$627K$1.9M10xas long as short
ApeX Omni WLDUSDT+0.0100%1h0.4723−0.327%$57K$232K50xas long as short
Polymarket Perps WLD-USD+0.0100%1h0.4740+0.025%$49K$1.7M10xas long as short
SunX WLD-USDT+0.0100%8h0.4741+0.053%$23K$1.6M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4718−0.433%$225$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4721−0.369%$898K$1.9M50xas long as short
Extended WLD-USD+0.0104%1h0.4719−0.413%$218K$894K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4722−0.359%$32K$6003xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4731−0.163%20xas long as short
Phoenix WLD+0.0157%1h0.4749+0.230%$5K$53K10xas long as short
BloFin WLD-USDT+0.0220%8h0.4720−0.390%$5.0M$877K75xas long as short
GMX WLD/USD [ETH-USDC]L +0.0239% / S −0.1538%1h0.4728−0.215%$6K100xas long as short
01 Exchange WLDUSD+0.0256%1h0.4721−0.361%$338$775xas long as short
Kraken Futures PF_WLDUSD+0.0319%1h0.4721−0.359%$935K$2.7M50xas long as short
Coinbase International WLD-PERP-INTX+0.0448%1h0.4723−0.327%$277K$1.7M50xas long as short
Hyperliquid WLD+0.0875%1h0.4728−0.224%$53.0M$44.0M10xas long as short
Lighter WLD+0.1024%1h0.4724−0.298%$5.3M$2.0M10xas long as short