Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.011%

Price spread now: HTX against OKX+0.131%7-day average −0.134% · you sell dearer than you buy

Net, funding: paid 7d − costs−$105as in the Funding arb table

Net, price: spread back to 7d avg − costs−$83as in the Price arb table

costs, in and out, $10k−$1101.096% of the position

Long on OKX Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.047%+$5 on $10k

Price spread, last 4 days (all we have)−0.169%−$17 · spread now +0.131%, 7d avg −0.134%

Together, before fees−0.122%−$12 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: HTX is 0.265% dearer against OKX than usual: you sell high and buy low, +$27 on $10k if it goes back to its 7-day average of −0.134%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX WLD-USDT-SWAP	0.4571	0.0100	pay 0.0100% / 8h	3h 29m	$34.6M	$151.5M	50x
Short	HTX WLD-USDT	0.4577	0.0100	get 0.0100% / 8h	3h 29m	$837K	$1.8M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now +0.131%Rate

Funding earned: $0
Price spread: +0.131% → −0.134%: $26.51
Slippage, 4 orders: −$87.62
Fee OKX: 5 bp × 2 orders: −$10
Fee HTX: 6 bp × 2 orders: −$12
Net: −$83.11
Costs to cover: 1.096%
Break-even: never at this rate

Slippage from OKX: live order book, 4 min ago; HTX: live order book, 4 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, 4 min ago	1.10 bp	9.1 bp −$9	18.4 bp −$184	doesn't fit	doesn't fit
Sell HTX live order book, 4 min ago	13.15 bp	43.9 bp −$44	doesn't fit	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
Nado WLD-PERP	−0.0034%	1h	0.4579	+0.175%	$243K	$205K	5x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4577	+0.133%	$156K	$33K	10x	as long as short
Kalshi KXWLDPERP	0.0000%	8h	0.4579	+0.175%	$50K	$4.7M	1.7x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4581	+0.219%	$124K	$960K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4581	+0.212%	$66K	—	150x	as long as short
KuCoin WLDUSDTM	+0.0023%	8h	0.4574	+0.066%	$6.9M	$11.8M	50x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4576	+0.100%	$210K	$1.1M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4579	+0.179%	$49K	$524K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4572	+0.032%	$87.2M	$329.7M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4573	+0.044%	$65.2M	$90.2M	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	0.4571	long leg	$34.6M	$151.5M	50x
Gate WLD_USDT	+0.0100%	8h	0.4575	+0.088%	$7.3M	$36.5M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4574	+0.066%	$41.6M	$54.7M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4573	+0.044%	$30.2M	$30.3M	75x	as long as short
BingX WLD-USDT	+0.0100%	8h	0.4574	+0.066%	—	$67.7M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4579	+0.179%	$137K	$303K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4580	+0.190%	$2.2M	$1.6M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4559	−0.268%	$27K	$320K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4563	−0.175%	$601K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4562	−0.197%	$43K	$238K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4582	+0.243%	$40K	$2.1M	10x	as long as short
Orderly PERP_WLD_USDC	+0.0100%	8h	0.4578	+0.153%	$28K	$867K	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4588	+0.372%	$23K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4578	+0.153%	$210	$5K	10x	as long as short
HTX WLD-USDTshort	+0.0100%	8h	0.4577	+0.131%	$837K	$1.8M	50x
Phemex WLDUSDT	+0.0100%	8h	0.4578	+0.153%	$1.8M	$3.6M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4570	−0.019%	$217K	$984K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4580	+0.197%	$31K	$600	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4582	+0.233%	—	—	20x	as long as short
Injective WLD/USDC PERP	+0.0142%	1h	0.4576	+0.109%	$6K	$185K	5.5x	as long as short
Phoenix WLD	+0.0157%	1h	0.4561	−0.208%	$5K	$52K	10x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4577	+0.131%	$4.9M	$895K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0229% / S −0.1268%	1h	0.4579	+0.184%	$5K	—	100x	as long as short
01 Exchange WLDUSD	+0.0304%	1h	0.4585	+0.304%	$328	$55	5x	as long as short
Hyperliquid WLD	+0.0423%	1h	0.4583	+0.256%	$50.4M	$43.4M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.0518%	1h	0.4580	+0.203%	$890K	$2.9M	50x	as long as short
Coinbase International WLD-PERP-INTX	+0.0560%	1h	0.4583	+0.263%	$268K	$1.7M	50x	as long as short
Lighter WLD	+0.0800%	1h	0.4587	+0.354%	$5.2M	$2.6M	10x	as long as short