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

WLD

all WLD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0006%/8h= +0.7% APRnext payment +$0.06 per $10,000 · paid last 24h −0.005%
Price spread now: GRVT against OKX−0.061%71s7-day average +0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$550.547% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.094%+$9 on $10k
Price spread, last 3 days (all we have)+0.445%+$45 · spread now −0.061%, 7d avg +0.028%
Together, before fees+0.539%+ Points / potential airdropGRVT: Active · farm board+$54 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: GRVT is 0.089% cheaper against OKX than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.028%. The two prices were read 71 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX WLD-USDT-SWAP0.45130.0094pay 0.0094% / 8h2h 02m$33.7M$137.6M50x
ShortGRVT WLD_USDT_Perp0.45100.0100get 0.0100% / 8h2h 02m$605K$1.9M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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

Funding earned
$1.32
Price spread: −0.061% → +0.028%
−$8.87
Slippage, 4 orders
−$35.66
Fee OKX: 5 bp × 2 orders
−$10
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$62.22
Costs to cover
0.547%
Break-even
338.1 days
Slippage from OKX: live order book, 2 min ago; GRVT: live order book, 1 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 OKX live order book, 2 min ago1.11 bp12.1 bp −$1224.2 bp −$242doesn't fitdoesn't fit
Sell GRVT live order book, 1 min ago1.11 bp13.5 bp −$1332.4 bp −$324doesn'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−0.0489%8h0.4519+0.133%$45K$3.8M1.7xas long as short
Orderly PERP_WLD_USDC−0.0015%8h0.45130.000%$27K$916K10xas long as short
KuCoin WLDUSDTM−0.0003%8h0.4512−0.022%$7.0M$10.7M50xas long as short
dYdX WLD-USD0.0000%1h0.4522+0.193%$154K$6K10xas long as short
Deribit WLD_USDC-PERPETUAL0.0000%1h0.45130.000%$122K$911K25xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4515+0.034%$56K150xas long as short
Variational Omni WLD+0.0018%8h0.4512−0.016%$2.1M$1.7Mas long as short
Nado WLD-PERP+0.0042%1h0.4515+0.033%$271K$169K5xas long as short
Phoenix WLD+0.0052%1h0.4522+0.191%$5K$52K10xas long as short
OKX WLD-USDT-SWAPlong+0.0094%8h0.4513long leg$33.7M$137.6M50x
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC WLD_USDT+0.0098%8h0.45130.000%$49.3M$48.7M300xas long as short
Hyperliquid WLD+0.0100%1h0.4519+0.126%$46.4M$41.4M10xas long as short
Aster WLDUSDT+0.0100%8h0.4518+0.101%$212K$976K50xas long as short
Pacifica WLD+0.0100%1h0.4521+0.183%$51K$481K5xas long as short
Binance WLDUSDT+0.0100%8h0.4514+0.015%$84.7M$293.1M75xas long as short
Bybit WLDUSDT+0.0100%8h0.4512−0.022%$64.3M$80.5M50xas long as short
Gate WLD_USDT+0.0100%8h0.4514+0.022%$7.3M$34.9M75xas long as short
Bitget WLDUSDT+0.0100%8h0.4510−0.066%$29.9M$25.1M75xas long as short
BingX WLD-USDT+0.0100%8h0.4514+0.022%$68.1Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4524+0.250%$128K$270K10xas long as short
edgeX WLDUSDC+0.0100%4h0.4509−0.087%$27K$315K20xas long as short
GRVT WLD_USDT_Perpshort+0.0100%8h0.4510−0.061%$605K$1.9M10x
ApeX Omni WLDUSDT+0.0100%1h0.4509−0.089%$54K$227K50xas long as short
Polymarket Perps WLD-USD+0.0100%1h0.4518+0.113%$51K$1.7M10xas long as short
SunX WLD-USDT+0.0100%8h0.4518+0.111%$22K$1.5M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4512−0.022%$199$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4516+0.066%$852K$1.8M50xas long as short
Phemex WLDUSDT+0.0100%8h0.45130.000%$1.8M$3.7M50xas long as short
Extended WLD-USD+0.0104%1h0.4510−0.066%$132K$745K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4513+0.010%$31K$5K3xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4512−0.016%20xas long as short
BloFin WLD-USDT+0.0219%8h0.4518+0.111%$4.8M$808K75xas long as short
GMX WLD/USD [ETH-USDC]L +0.0240% / S −0.1996%1h0.4514+0.014%$9K100xas long as short
01 Exchange WLDUSD+0.0304%1h0.4522+0.195%$324$775xas long as short
Injective WLD/USDC PERP+0.0374%1h0.4542+0.643%$6K$185K5.5xas long as short
Coinbase International WLD-PERP-INTX+0.0400%1h0.4521+0.177%$277K$1.6M50xas long as short
Lighter WLD+0.0936%1h0.4522+0.191%$5.1M$2.1M10xas long as short
Kraken Futures PF_WLDUSD+0.1105%1h0.4515+0.039%$918K$2.6M50xas long as short