Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.016%

Price spread now: Binance against Pacifica−0.061%7-day average −0.032% · you buy dearer than you sell

Net, funding: paid 7d − costs−$54as in the Funding arb table

Net, price: spread back to 7d avg − costs−$44as in the Price arb table

costs, in and out, $10k−$410.406% of the position

Long on Pacifica Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.130%−$13 on $10k

Price spread, last 4 days (all we have)+0.025%+$2 · spread now −0.061%, 7d avg −0.032%

Together, before fees−0.105%+ Points / potential airdropPacifica: Active · farm board−$11 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: Binance is 0.029% cheaper against Pacifica than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.032%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica WLD	0.4590	0.0100	pay 0.0013% / 1h	10m 19s	$53K	$483K	5x
Short	Binance WLDUSDT	0.4587	0.0100	get 0.0100% / 8h	10m 19s	$86.7M	$303.5M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Pacifica. 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 PacificabpFee BinancebpOrdersPrice spread, now −0.061%Rate

Funding earned: $0
Price spread: −0.061% → −0.032%: −$2.94
Slippage, 4 orders: −$22.64
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Binance: 5 bp × 2 orders: −$10
Net: −$43.59
Costs to cover: 0.406%
Break-even: never at this rate

Slippage from Pacifica: live order book, 3 min ago; Binance: live order book, 3 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 Pacifica live order book, 3 min ago	4.36 bp	13.8 bp −$14	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 3 min ago	1.09 bp	7.3 bp −$7	14.0 bp −$140	56.8 bp −$5,683	185.0 bp −$92.5K

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	−0.0188%	8h	0.4588	−0.048%	$65K	$3.9M	1.7x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4589	−0.020%	$164K	$13K	10x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4587	−0.065%	$56K	—	150x	as long as short
KuCoin WLDUSDTM	+0.0008%	8h	0.4588	−0.048%	$7.0M	$11.0M	50x	as long as short
Nado WLD-PERP	+0.0034%	1h	0.4587	−0.059%	$276K	$169K	5x	as long as short
Orderly PERP_WLD_USDC	+0.0034%	8h	0.4587	−0.070%	$28K	$906K	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4588	−0.058%	$192K	$1.0M	50x	as long as short
Pacifica WLDlong	+0.0100%	1h	0.4590	long leg	$53K	$483K	5x
Binance WLDUSDTshort	+0.0100%	8h	0.4587	−0.061%	$86.7M	$303.5M	75x
Bybit WLDUSDT	+0.0100%	8h	0.4587	−0.070%	$65.9M	$82.9M	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-SWAP	+0.0100%	8h	0.4586	−0.092%	$34.3M	$143.8M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4587	−0.070%	$7.5M	$36.0M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4589	−0.026%	$45.9M	$53.3M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4587	−0.070%	$30.3M	$26.1M	75x	as long as short
BingX WLD-USDT	+0.0100%	8h	0.4587	−0.070%	—	$67.1M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4579	−0.249%	$136K	$283K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4578	−0.270%	$2.0M	$1.7M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4587	−0.061%	$27K	$315K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4581	−0.202%	$605K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4588	−0.048%	$55K	$229K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4594	+0.083%	$48K	$1.6M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4597	+0.148%	$23K	$1.5M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4587	−0.070%	$215	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4586	−0.092%	$853K	$1.8M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4583	−0.157%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4585	−0.111%	$233K	$845K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4588	−0.052%	$31K	$5K	3x	as long as short
Phoenix WLD	+0.0104%	1h	0.4602	+0.266%	$5K	$53K	10x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4587	−0.063%	—	—	20x	as long as short
Deribit WLD_USDC-PERPETUAL	+0.0186%	1h	0.4589	−0.026%	$123K	$897K	25x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4579	−0.244%	$4.8M	$822K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0229% / S −0.1268%	1h	0.4587	−0.081%	$5K	—	100x	as long as short
01 Exchange WLDUSD	+0.0256%	1h	0.4596	+0.128%	$329	$77	5x	as long as short
Injective WLD/USDC PERP	+0.0373%	1h	0.4585	−0.114%	$6K	$185K	5.5x	as long as short
Coinbase International WLD-PERP-INTX	+0.0440%	1h	0.4591	+0.017%	$272K	$1.6M	50x	as long as short
Hyperliquid WLD	+0.0474%	1h	0.4597	+0.154%	$51.0M	$43.9M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.0717%	1h	0.4589	−0.029%	$904K	$2.7M	50x	as long as short
Lighter WLD	+0.1296%	1h	0.4597	+0.137%	$5.2M	$2.0M	10x	as long as short