Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.011%

Price spread now: edgeX against OKX+0.179%101s7-day average +0.017% · you sell dearer than you buy

Net, funding: paid 7d − costs−$24as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$330.334% of the position

Long on OKX Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.098%+$10 on $10k

Price spread, last 4 days (all we have)+0.462%+$46 · spread now +0.179%, 7d avg +0.017%

Together, before fees+0.561%+ Points / potential airdropedgeX: Active · farm board+$56 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: edgeX is 0.162% dearer against OKX than usual: you sell high and buy low, +$16 on $10k if it goes back to its 7-day average of +0.017%. The two prices were read 101 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX WLD-USDT-SWAP	0.4626	0.0100	pay 0.0100% / 8h	5h 13m	$35.0M	$149.7M	50x
Short	edgeX WLDUSDC	0.4634	0.0100	get 0.0050% / 4h	1h 13m	$27K	$319K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now +0.179%Rate

Funding earned: $0
Price spread: +0.179% → +0.017%: $16.23
Slippage, 4 orders: −$14.41
Fee OKX: 5 bp × 2 orders: −$10
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$17.18
Costs to cover: 0.334%
Break-even: never at this rate

Slippage from OKX: live order book, 5 min ago; edgeX: live order book, 49 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, 5 min ago	1.08 bp	8.8 bp −$9	17.0 bp −$170	doesn't fit	doesn't fit
Sell edgeX live order book, 49 min ago	4.28 bp	8.8 bp −$9	17.1 bp −$171	doesn't fit	doesn't fit

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	−0.0121%	8h	0.4630	+0.086%	$46K	$4.6M	1.7x	as long as short
KuCoin WLDUSDTM	−0.0025%	8h	0.4629	+0.065%	$7.1M	$11.6M	50x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4627	+0.012%	$165K	$26K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4628	+0.043%	$120K	$920K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4627	+0.016%	$55K	—	150x	as long as short
Nado WLD-PERP	+0.0011%	1h	0.4627	+0.022%	$268K	$187K	5x	as long as short
01 Exchange WLDUSD	+0.0064%	1h	0.4629	+0.065%	$331	$80	5x	as long as short
Orderly PERP_WLD_USDC	+0.0077%	8h	0.4627	+0.022%	$28K	$891K	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4630	+0.086%	$174K	$1.1M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4629	+0.065%	$48K	$511K	5x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance WLDUSDT	+0.0100%	8h	0.4627	+0.023%	$88.0M	$326.7M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4627	+0.022%	$66.2M	$88.4M	50x	as long as short
OKX WLD-USDT-SWAPlong	+0.0100%	8h	0.4626	long leg	$35.0M	$149.7M	50x
Gate WLD_USDT	+0.0100%	8h	0.4627	+0.022%	$7.3M	$37.1M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4629	+0.065%	$45.7M	$54.7M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4630	+0.086%	$30.8M	$29.7M	75x	as long as short
BingX WLD-USDC	+0.0100%	8h	0.4628	+0.043%	—	$1.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4627	+0.030%	$134K	$293K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4639	+0.272%	$2.2M	$1.7M	—	as long as short
edgeX WLDUSDCshort	+0.0100%	4h	0.4634	+0.179%	$27K	$319K	20x
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4635	+0.186%	$618K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4633	+0.151%	$51K	$236K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4626	+0.004%	$55K	$2.0M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4635	+0.195%	$23K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4627	+0.022%	$174	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4635	+0.195%	$847K	$1.9M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4628	+0.043%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4627	+0.016%	$214K	$929K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4637	+0.242%	$31K	$600	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4625	−0.028%	—	—	20x	as long as short
Phoenix WLD	+0.0172%	1h	0.4653	+0.588%	$5K	$57K	10x	as long as short
Lighter WLD	+0.0184%	1h	0.4634	+0.184%	$5.0M	$2.3M	10x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4632	+0.130%	$5.0M	$805K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0230% / S −0.1268%	1h	0.4626	+0.008%	$5K	—	100x	as long as short
Hyperliquid WLD	+0.0479%	1h	0.4636	+0.220%	$51.6M	$42.7M	10x	as long as short
Coinbase International WLD-PERP-INTX	+0.0480%	1h	0.4635	+0.195%	$273K	$1.7M	50x	as long as short
Injective WLD/USDC PERP	+0.0677%	1h	0.4636	+0.216%	$6K	$185K	5.5x	as long as short
Kraken Futures PF_WLDUSD	+0.0894%	1h	0.4630	+0.079%	$896K	$2.9M	50x	as long as short