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

WLD

all WLD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0077%/8h= −8.4% APRnext payment $0.77 per $10,000 · paid last 24h −0.010%
Price spread now: KuCoin against OKX−0.022%7-day average +0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$610.611% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.002%$0 on $10k
Price spread, last 7 days+0.026%+$3 · spread now −0.022%, 7d avg +0.015%
Together, before fees+0.028%+$3 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and KuCoin is 0.037% cheaper against OKX than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.015%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX WLD-USDT-SWAP0.45600.0100pay 0.0100% / 8h3h 28m$34.5M$151.0M50x
ShortKuCoin WLDUSDTM0.45590.0023get 0.0023% / 8h3h 28m$6.9M$11.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
−$16.17
Price spread: −0.022% → +0.015%
−$3.65
Slippage, 4 orders
−$39.11
Fee OKX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$80.93
Costs to cover
0.611%
Break-even
never at this rate
Slippage from OKX: live order book, 5 min ago; KuCoin: live order book, 5 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, 5 min ago1.10 bp9.1 bp −$918.4 bp −$184doesn't fitdoesn't fit
Sell KuCoin live order book, 5 min ago2.19 bp28.1 bp −$2851.0 bp −$510doesn'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
Nado WLD-PERP−0.0034%1h0.4569+0.197%$242K$205K5xas long as short
dYdX WLD-USD0.0000%1h0.4574+0.298%$156K$33K10xas long as short
Kalshi KXWLDPERP0.0000%8h0.4576+0.351%$50K$4.7M1.7xas long as short
Deribit WLD_USDC-PERPETUAL0.0000%1h0.4565+0.110%$124K$960K25xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4568+0.168%$66K150xas long as short
KuCoin WLDUSDTMshort+0.0023%8h0.4559−0.022%$6.9M$11.7M50x
Aster WLDUSDT+0.0100%8h0.4567+0.143%$209K$1.1M50xas long as short
Pacifica WLD+0.0100%1h0.4574+0.307%$49K$524K5xas long as short
Binance WLDUSDT+0.0100%8h0.4562+0.044%$87.0M$329.8M75xas long as short
Bybit WLDUSDT+0.0100%8h0.4559−0.022%$65.0M$89.6M50xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX WLD-USDT-SWAPlong+0.0100%8h0.4560long leg$34.5M$151.0M50x
Gate WLD_USDT+0.0100%8h0.4561+0.022%$7.3M$36.5M75xas long as short
MEXC WLD_USDT+0.0100%8h0.4561+0.022%$41.5M$54.7M300xas long as short
Bitget WLDUSDT+0.0100%8h0.45600.000%$30.1M$30.1M75xas long as short
BingX WLD-USDC+0.0100%8h0.4561+0.022%$1.3Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4563+0.075%$136K$303K10xas long as short
Variational Omni WLD+0.0100%8h0.4580+0.432%$2.2M$1.6Mas long as short
edgeX WLDUSDC+0.0100%4h0.4572+0.272%$27K$321K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4578+0.398%$603K$1.9M10xas long as short
ApeX Omni WLDUSDT+0.0100%1h0.4580+0.439%$43K$238K50xas long as short
Polymarket Perps WLD-USD+0.0100%1h0.4565+0.103%$39K$2.1M10xas long as short
Orderly PERP_WLD_USDC+0.0100%8h0.4566+0.132%$28K$867K10xas long as short
SunX WLD-USDT+0.0100%8h0.4573+0.285%$23K$1.6M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4567+0.154%$203$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4567+0.154%$835K$1.8M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4566+0.132%$1.8M$3.6M50xas long as short
Extended WLD-USD+0.0104%1h0.4557−0.062%$217K$984K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4566+0.132%$31K$6003xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4565+0.102%20xas long as short
Injective WLD/USDC PERP+0.0142%1h0.4576+0.351%$6K$185K5.5xas long as short
Phoenix WLD+0.0157%1h0.4584+0.531%$5K$52K10xas long as short
BloFin WLD-USDT+0.0220%8h0.4567+0.154%$4.9M$893K75xas long as short
GMX WLD/USD [ETH-USDC]L +0.0229% / S −0.1268%1h0.4566+0.142%$5K100xas long as short
01 Exchange WLDUSD+0.0304%1h0.4571+0.246%$327$555xas long as short
Hyperliquid WLD+0.0411%1h0.4568+0.167%$50.2M$43.4M10xas long as short
Kraken Futures PF_WLDUSD+0.0520%1h0.4567+0.157%$888K$2.9M50xas long as short
Coinbase International WLD-PERP-INTX+0.0560%1h0.4578+0.395%$267K$1.6M50xas long as short
Lighter WLD+0.0808%1h0.4574+0.314%$5.2M$2.6M10xas long as short