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 −0.003%

Price spread now: MEXC against OKX+0.021%7-day average +0.021% · you sell dearer than you buy

Net, funding: paid 7d − costs−$27as in the Funding arb table

Net, price: spread back to 7d avg − costs−$26as in the Price arb table

costs, in and out, $10k−$260.263% of the position

Long on OKX Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.011%−$1 on $10k

Price spread, last 7 days−0.012%−$1 · spread now +0.021%, 7d avg +0.021%

Together, before fees−0.023%−$2 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX WLD-USDT-SWAP	0.4686	0.0100	pay 0.0100% / 8h	6h 22m	$35.4M	$153.3M	50x
Short	MEXC WLD_USDT	0.4687	0.0100	get 0.0100% / 8h	6h 22m	$46.5M	$55.8M	300x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.021%Rate

Funding earned: $0
Price spread: +0.021% → +0.021%: −$0.01
Slippage, 4 orders: −$16.26
Fee OKX: 5 bp × 2 orders: −$10
Fee MEXC: 0 bp × 2 orders: $0
Net: −$26.26
Costs to cover: 0.263%
Break-even: never at this rate

Slippage from OKX: live order book, 1 min ago; MEXC: live order book, 1 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, 1 min ago	1.07 bp	10.6 bp −$11	20.8 bp −$208	doesn't fit	doesn't fit
Sell MEXC live order book, 1 min ago	2.14 bp	3.6 bp −$4	8.0 bp −$80	27.8 bp −$2,775	72.0 bp −$36.0K

WLD on 37 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
Injective WLD/USDC PERP	−0.0235%	1h	0.4615	−1.515%	$6K	$185K	5.5x	as long as short
Kalshi KXWLDPERP	−0.0150%	8h	0.4670	−0.341%	$50K	$4.4M	1.7x	as long as short
KuCoin WLDUSDTM	−0.0050%	8h	0.4688	+0.043%	$7.1M	$11.5M	50x	as long as short
Nado WLD-PERP	−0.0002%	1h	0.4674	−0.245%	$271K	$189K	5x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4693	+0.153%	$167K	$26K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4681	−0.107%	$114K	$910K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4677	−0.196%	$56K	—	150x	as long as short
Gate WLD_USDT	+0.0040%	8h	0.4685	−0.021%	$7.3M	$37.7M	75x	as long as short
Orderly PERP_WLD_USDC	+0.0059%	8h	0.4679	−0.149%	$28K	$897K	10x	as long as short
Phoenix WLD	+0.0068%	1h	0.4715	+0.610%	$5K	$54K	10x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster WLDUSDT	+0.0100%	8h	0.4687	+0.012%	$180K	$1.0M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4693	+0.143%	$56K	$506K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4683	−0.064%	$88.9M	$324.8M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4683	−0.064%	$66.8M	$87.7M	50x	as long as short
OKX WLD-USDT-SWAPlong	+0.0100%	8h	0.4686	long leg	$35.4M	$153.3M	50x
MEXC WLD_USDTshort	+0.0100%	8h	0.4687	+0.021%	$46.5M	$55.8M	300x
Bitget WLDUSDT	+0.0100%	8h	0.4682	−0.085%	$31.2M	$29.4M	75x	as long as short
BingX WLD-USDC	+0.0100%	8h	0.4686	0.000%	—	$1.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4683	−0.060%	$139K	$294K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4705	+0.400%	$2.1M	$1.7M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4708	+0.459%	$28K	$316K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4686	0.000%	$622K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4695	+0.192%	$51K	$235K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4677	−0.201%	$56K	$2.1M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4687	+0.021%	$23K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4680	−0.128%	$223	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4675	−0.235%	$883K	$1.8M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4681	−0.107%	$1.9M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4681	−0.110%	$216K	$886K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4682	−0.096%	$32K	$600	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4675	−0.240%	—	—	20x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0230% / S −0.1268%	1h	0.4677	−0.192%	$5K	—	100x	as long as short
01 Exchange WLDUSD	+0.0264%	1h	0.4683	−0.070%	$335	$77	5x	as long as short
Coinbase International WLD-PERP-INTX	+0.0456%	1h	0.4678	−0.171%	$279K	$1.7M	50x	as long as short
Hyperliquid WLD	+0.0568%	1h	0.4697	+0.243%	$52.2M	$44.1M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.0639%	1h	0.4684	−0.042%	$914K	$2.9M	50x	as long as short
Lighter WLD	+0.0832%	1h	0.4699	+0.271%	$5.3M	$2.1M	10x	as long as short