Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.005%

Price spread now: BingX against Pacifica+0.129%7-day average −0.042% · you sell dearer than you buy

Net, funding: paid 7d − costs−$56as in the Funding arb table

Net, price: spread back to 7d avg − costs−$37as in the Price arb table

costs, in and out, $10k−$550.546% of the position

Long on Pacifica Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.013%−$1 on $10k

Price spread, last 4 days (all we have)−0.217%−$22 · spread now +0.129%, 7d avg −0.042%

Together, before fees−0.230%+ Points / potential airdropPacifica: Active · farm board−$23 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: BingX is 0.171% dearer against Pacifica than usual: you sell high and buy low, +$17 on $10k if it goes back to its 7-day average of −0.042%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica WLD	0.4642	0.0100	pay 0.0013% / 1h	9m 23s	$51K	$513K	5x
Short	BingX WLD-USDC	0.4648	0.0100	get 0.0100% / 8h	6h 09m	—	$1.3M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX 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 BingXbpOrdersPrice spread, now +0.129%Rate

Funding earned: $0
Price spread: +0.129% → −0.042%: $17.1
Slippage, 4 orders: −$36.58
Fee Pacifica: 4 bp × 2 orders: −$8
Fee BingX: 5 bp × 2 orders: −$10
Net: −$37.48
Costs to cover: 0.546%
Break-even: never at this rate

Slippage from Pacifica: live order book, 59 min ago; BingX: live order book, 5 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, 59 min ago	2.12 bp	14.9 bp −$15	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 5 min ago	2.15 bp	15.1 bp −$15	56.4 bp −$564	498.5 bp −$49.8K	775.0 bp −$387.5K

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	0.4666	+0.517%	$6K	$185K	5.5x	as long as short
Kalshi KXWLDPERP	−0.0142%	8h	0.4657	+0.323%	$62K	$4.5M	1.7x	as long as short
KuCoin WLDUSDTM	−0.0044%	8h	0.4639	−0.065%	$7.1M	$11.6M	50x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4642	+0.002%	$165K	$26K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4642	0.000%	$120K	$918K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4649	+0.147%	$56K	—	150x	as long as short
Nado WLD-PERP	+0.0010%	1h	0.4641	−0.022%	$269K	$189K	5x	as long as short
Orderly PERP_WLD_USDC	+0.0064%	8h	0.4642	0.000%	$28K	$896K	10x	as long as short
Gate WLD_USDT	+0.0068%	8h	0.4642	0.000%	$7.3M	$38.0M	75x	as long as short
Phoenix WLD	+0.0068%	1h	0.4663	+0.448%	$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	0.4644	+0.047%	$178K	$1.0M	50x	as long as short
Pacifica WLDlong	+0.0100%	1h	0.4642	long leg	$51K	$513K	5x
Binance WLDUSDT	+0.0100%	8h	0.4648	+0.136%	$88.4M	$326.6M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4649	+0.151%	$66.2M	$88.1M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4642	0.000%	$34.9M	$151.9M	50x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4643	+0.022%	$45.8M	$56.2M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4642	0.000%	$30.9M	$29.6M	75x	as long as short
BingX WLD-USDCshort	+0.0100%	8h	0.4648	+0.129%	—	$1.3M	—
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4642	−0.011%	$139K	$296K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4659	+0.359%	$2.1M	$1.7M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4660	+0.377%	$28K	$317K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4664	+0.479%	$616K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4661	+0.409%	$51K	$235K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4644	+0.043%	$66K	$2.1M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4648	+0.129%	$23K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4643	+0.022%	$221	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4644	+0.043%	$879K	$1.9M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4643	+0.022%	$1.9M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4641	−0.014%	$214K	$889K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4643	+0.012%	$32K	$600	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4643	+0.015%	—	—	20x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0230% / S −0.1268%	1h	0.4648	+0.138%	$5K	—	100x	as long as short
01 Exchange WLDUSD	+0.0280%	1h	0.4644	+0.050%	$332	$80	5x	as long as short
Coinbase International WLD-PERP-INTX	+0.0456%	1h	0.4648	+0.129%	$273K	$1.8M	50x	as long as short
Hyperliquid WLD	+0.0545%	1h	0.4648	+0.123%	$51.7M	$43.3M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.0644%	1h	0.4647	+0.114%	$904K	$2.9M	50x	as long as short
Lighter WLD	+0.0864%	1h	0.4653	+0.228%	$5.3M	$2.1M	10x	as long as short