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

WLD

all WLD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0100%/8h= −10.9% APRnext payment $0.13 per $10,000 · paid last 24h −0.026%
Price spread now: dYdX against Pacifica−0.032%7-day average −0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$155as in the Funding arb table
Net, price: spread back to 7d avg − costs−$137as in the Price arb table
costs, in and out, $10k−$1351.348% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.201%−$20 on $10k
Price spread, last 4 days (all we have)−0.025%−$3 · spread now −0.032%, 7d avg −0.009%
Together, before fees−0.226%+ Points / potential airdropPacifica: Active · farm board−$23 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and dYdX is 0.023% cheaper against Pacifica than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.009%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica WLD0.45260.0100pay 0.0013% / 1h12m 15s$50K$526K5x
ShortdYdX WLD-USD0.45250get 0.0000% / 1h12m 15s$154K$33K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX 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

Funding earned
−$21
Price spread: −0.032% → −0.009%
−$2.31
Slippage, 4 orders
−$116.84
Fee Pacifica: 4 bp × 2 orders
−$8
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$158.15
Costs to cover
1.348%
Break-even
never at this rate
Slippage from Pacifica: live order book, 41 min ago; dYdX: live order book, 42 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 Pacifica live order book, 41 min ago2.17 bp10.8 bp −$11doesn't fitdoesn't fitdoesn't fit
Sell dYdX live order book, 42 min ago50.95 bp55.9 bp −$56154.4 bp −$1,544219.8 bp −$22.0K346.7 bp −$173.3K

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−0.0025%1h0.4521−0.103%$240K$205K5xas long as short
dYdX WLD-USDshort0.0000%1h0.4525−0.032%$154K$33K10x
Kalshi KXWLDPERP0.0000%8h0.4520−0.136%$65K$4.7M1.7xas long as short
Deribit WLD_USDC-PERPETUAL0.0000%1h0.4521−0.114%$118K$986K25xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4521−0.119%$65K150xas long as short
KuCoin WLDUSDTM+0.0031%8h0.4515−0.246%$6.8M$11.8M50xas long as short
Orderly PERP_WLD_USDC+0.0099%8h0.4520−0.136%$28K$868K10xas long as short
Aster WLDUSDT+0.0100%8h0.4522−0.083%$211K$1.1M50xas long as short
Pacifica WLDlong+0.0100%1h0.4526long leg$50K$526K5x
Binance WLDUSDT+0.0100%8h0.4519−0.158%$86.1M$331.8M75xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit WLDUSDT+0.0100%8h0.4519−0.158%$64.3M$90.2M50xas long as short
OKX WLD-USDT-SWAP+0.0100%8h0.4521−0.114%$34.1M$151.1M50xas long as short
Gate WLD_USDT+0.0100%8h0.4520−0.136%$7.2M$36.7M75xas long as short
MEXC WLD_USDT+0.0100%8h0.4518−0.180%$40.1M$55.4M300xas long as short
Bitget WLDUSDT+0.0100%8h0.4518−0.180%$29.8M$30.2M75xas long as short
BingX WLD-USDC+0.0100%8h0.4519−0.158%$1.3Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4526+0.001%$134K$304K10xas long as short
Variational Omni WLD+0.0100%8h0.4533+0.145%$2.1M$1.7Mas long as short
edgeX WLDUSDC+0.0100%4h0.4538+0.264%$27K$321K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4539+0.284%$602K$2.0M10xas long as short
ApeX Omni WLDUSDT+0.0100%1h0.4544+0.394%$48K$241K50xas long as short
Polymarket Perps WLD-USD+0.0100%1h0.4518−0.187%$54K$2.2M10xas long as short
SunX WLD-USDT+0.0100%8h0.4522−0.092%$22K$1.6M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4520−0.136%$203$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4518−0.180%$826K$1.8M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4520−0.136%$1.8M$3.6M50xas long as short
Extended WLD-USD+0.0104%1h0.4519−0.164%$214K$984K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4522−0.098%$31K$6003xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4517−0.196%20xas long as short
Injective WLD/USDC PERP+0.0142%1h0.4538+0.262%$6K$185K5.5xas long as short
Phoenix WLD+0.0157%1h0.4532+0.138%$5K$52K10xas long as short
BloFin WLD-USDT+0.0220%8h0.4524−0.048%$4.8M$878K75xas long as short
GMX WLD/USD [ETH-USDC]L +0.0229% / S −0.1268%1h0.4521−0.108%$5K100xas long as short
01 Exchange WLDUSD+0.0272%1h0.4521−0.120%$323$555xas long as short
Hyperliquid WLD+0.0330%1h0.4523−0.061%$49.3M$43.7M10xas long as short
Kraken Futures PF_WLDUSD+0.0525%1h0.4521−0.113%$868K$2.9M50xas long as short
Coinbase International WLD-PERP-INTX+0.0560%1h0.4525−0.025%$263K$1.6M50xas long as short
Lighter WLD+0.0752%1h0.4525−0.028%$4.9M$2.9M10xas long as short