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+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h +0.040%
Price spread now: Pacifica against Nado+0.090%7-day average +0.045% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$560.565% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.139%+$14 on $10k
Price spread, last 3 days (all we have)−0.148%−$15 · spread now +0.090%, 7d avg +0.045%
Together, before fees−0.009%+ Points / potential airdropNado: Active · Pacifica: Active · farm board−$1 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Pacifica is 0.045% dearer against Nado than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.045%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado WLD-PERP0.45630.0050pay 0.0006% / 1h13m 02s$275K$169K5x
ShortPacifica WLD0.45670.0100get 0.0013% / 1h13m 02s$53K$481K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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
$10.6
Price spread: +0.090% → +0.045%
$4.49
Slippage, 4 orders
−$41.46
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$41.37
Costs to cover
0.565%
Break-even
34.3 days
Slippage from Nado: live order book, 5 min ago; Pacifica: live order book, 6 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, 5 min ago7.55 bp22.7 bp −$2371.8 bp −$718doesn't fitdoesn't fit
Sell Pacifica live order book, 6 min ago1.09 bp7.0 bp −$7doesn'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−0.0299%8h0.4568+0.110%$61K$3.8M1.7xas long as short
Injective WLD/USDC PERP−0.0079%1h0.4578+0.329%$6K$185K5.5xas long as short
dYdX WLD-USD0.0000%1h0.4566+0.058%$163K$13K10xas long as short
Deribit WLD_USDC-PERPETUAL0.0000%1h0.4566+0.066%$107K$900K25xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4565+0.046%$57K150xas long as short
Orderly PERP_WLD_USDC+0.0006%8h0.4564+0.022%$28K$912K10xas long as short
KuCoin WLDUSDTM+0.0007%8h0.4566+0.066%$7.0M$10.8M50xas long as short
Nado WLD-PERPlong+0.0050%1h0.4563long leg$275K$169K5x
Variational Omni WLD+0.0094%8h0.4568+0.108%$2.1M$1.6Mas long as short
Aster WLDUSDT+0.0100%8h0.4570+0.161%$194K$999K50xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica WLDshort+0.0100%1h0.4567+0.090%$53K$481K5x
Binance WLDUSDT+0.0100%8h0.4570+0.162%$86.4M$297.2M75xas long as short
Bybit WLDUSDT+0.0100%8h0.4569+0.131%$65.4M$82.0M50xas long as short
OKX WLD-USDT-SWAP+0.0100%8h0.4569+0.131%$34.1M$141.1M50xas long as short
Gate WLD_USDT+0.0100%8h0.4566+0.066%$7.4M$35.4M75xas long as short
MEXC WLD_USDT+0.0100%8h0.4569+0.131%$49.0M$52.1M300xas long as short
Bitget WLDUSDT+0.0100%8h0.4567+0.088%$30.2M$25.6M75xas long as short
BingX WLD-USDT+0.0100%8h0.4569+0.131%$67.8Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4569+0.129%$129K$269K10xas long as short
edgeX WLDUSDC+0.0100%4h0.4570+0.148%$27K$317K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4569+0.124%$614K$1.9M10xas long as short
ApeX Omni WLDUSDT+0.0100%1h0.4567+0.088%$55K$227K50xas long as short
Polymarket Perps WLD-USD+0.0100%1h0.4566+0.061%$41K$1.6M10xas long as short
SunX WLD-USDT+0.0100%8h0.4570+0.153%$23K$1.5M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4566+0.066%$201$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4564+0.022%$862K$1.8M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4567+0.088%$1.8M$3.7M50xas long as short
Extended WLD-USD+0.0104%1h0.4568+0.101%$240K$855K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4567+0.088%$31K$5K3xas long as short
Phoenix WLD+0.0124%1h0.4576+0.291%$5K$53K10xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4563−0.003%20xas long as short
Kraken Futures PF_WLDUSD+0.0187%1h0.4570+0.144%$910K$2.6M50xas long as short
BloFin WLD-USDT+0.0220%8h0.4564+0.022%$4.9M$811K75xas long as short
01 Exchange WLDUSD+0.0248%1h0.4569+0.125%$327$775xas long as short
GMX WLD/USD [ETH-USDC]L +0.0260% / S −0.2221%1h0.4565+0.036%$9K100xas long as short
Coinbase International WLD-PERP-INTX+0.0424%1h0.4580+0.373%$270K$1.6M50xas long as short
Hyperliquid WLD+0.0700%1h0.4572+0.199%$49.6M$43.2M10xas long as short
Lighter WLD+0.1000%1h0.4578+0.331%$5.2M$2.1M10xas long as short