Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.010%

Price spread now: BingX against OKX+0.065%7-day average +0.010% · you sell dearer than you buy

Net, funding: paid 7d − costs−$16as in the Funding arb table

Net, price: spread back to 7d avg − costs−$20as in the Price arb table

costs, in and out, $10k−$260.259% of the position

Long on OKX Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.100%+$10 on $10k

Price spread, last 7 days−0.056%−$6 · spread now +0.065%, 7d avg +0.010%

Together, before fees+0.044%+$4 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.055% dearer against OKX than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.010%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX WLD-USDT-SWAP	0.4623	0.0100	pay 0.0100% / 8h	56m 22s	$34.6M	$143.1M	50x
Short	BingX WLD-USDT	0.4626	0.0100	get 0.0100% / 8h	56m 22s	—	$67.9M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against OKX. 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

Position, each leg$Hold fordaysFee OKXbpFee BingXbpOrdersPrice spread, now +0.065%Rate

Funding earned: $0
Price spread: +0.065% → +0.010%: $5.5
Slippage, 4 orders: −$5.91
Fee OKX: 5 bp × 2 orders: −$10
Fee BingX: 5 bp × 2 orders: −$10
Net: −$20.42
Costs to cover: 0.259%
Break-even: never at this rate

Slippage from OKX: live order book, 3 min ago; BingX: live order book, 8 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy OKX live order book, 3 min ago	1.09 bp	7.7 bp −$8	17.0 bp −$170	doesn't fit	doesn't fit
Sell BingX live order book, 8 min ago	1.08 bp	6.1 bp −$6	6.1 bp −$61	19.7 bp −$1,972	102.8 bp −$51.4K

WLD on 38 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kalshi KXWLDPERP	−0.0255%	8h	0.4620	−0.065%	$50K	$3.8M	1.7x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4625	+0.050%	$165K	$13K	10x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4626	+0.069%	$58K	—	150x	as long as short
Orderly PERP_WLD_USDC	+0.0009%	8h	0.4625	+0.043%	$28K	$910K	10x	as long as short
KuCoin WLDUSDTM	+0.0011%	8h	0.4623	0.000%	$7.1M	$10.8M	50x	as long as short
Nado WLD-PERP	+0.0074%	1h	0.4624	+0.022%	$278K	$169K	5x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4626	+0.071%	$196K	$999K	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4626	+0.064%	$53K	$481K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4627	+0.078%	$87.7M	$298.1M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4625	+0.043%	$66.2M	$82.2M	50x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX WLD-USDT-SWAPlong	+0.0100%	8h	0.4623	long leg	$34.6M	$143.1M	50x
Gate WLD_USDT	+0.0100%	8h	0.4625	+0.043%	$7.5M	$35.1M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4626	+0.065%	$49.8M	$51.4M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4623	0.000%	$30.5M	$25.6M	75x	as long as short
BingX WLD-USDTshort	+0.0100%	8h	0.4626	+0.065%	—	$67.9M	—
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4625	+0.037%	$131K	$269K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4603	−0.435%	$2.1M	$1.6M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4607	−0.342%	$27K	$315K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4612	−0.228%	$620K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4608	−0.324%	$55K	$228K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4627	+0.093%	$42K	$1.6M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4627	+0.087%	$23K	$1.5M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4623	0.000%	$205	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4631	+0.173%	$874K	$1.8M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4622	−0.022%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4622	−0.019%	$237K	$860K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4627	+0.076%	$31K	$5K	3x	as long as short
Phoenix WLD	+0.0124%	1h	0.4617	−0.138%	$5K	$53K	10x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4623	+0.008%	—	—	20x	as long as short
Deribit WLD_USDC-PERPETUAL	+0.0183%	1h	0.4625	+0.043%	$110K	$881K	25x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4621	−0.043%	$4.9M	$823K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0261% / S −0.2221%	1h	0.4626	+0.058%	$9K	—	100x	as long as short
01 Exchange WLDUSD	+0.0272%	1h	0.4629	+0.128%	$331	$77	5x	as long as short
Injective WLD/USDC PERP	+0.0373%	1h	0.4612	−0.238%	$6K	$185K	5.5x	as long as short
Coinbase International WLD-PERP-INTX	+0.0440%	1h	0.4618	−0.108%	$274K	$1.6M	50x	as long as short
Hyperliquid WLD	+0.0592%	1h	0.4632	+0.186%	$50.4M	$43.1M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.0711%	1h	0.4628	+0.108%	$929K	$2.6M	50x	as long as short
Lighter WLD	+0.1448%	1h	0.4637	+0.296%	$5.3M	$2.0M	10x	as long as short