Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: GRVT against Pacifica+0.051%7-day average −0.073% · you sell dearer than you buy

Net, funding: paid 7d − costs−$45as in the Funding arb table

Net, price: spread back to 7d avg − costs−$33as in the Price arb table

costs, in and out, $10k−$450.454% of the position

Long on Pacifica Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 4 days (all we have)−0.856%−$86 · spread now +0.051%, 7d avg −0.073%

Together, before fees−0.856%+ Points / potential airdropPacifica: Active · GRVT: Active · farm board−$86 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: GRVT is 0.124% dearer against Pacifica than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of −0.073%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica WLD	0.4541	0.0100	pay 0.0013% / 1h	43m 17s	$50K	$539K	5x
Short	GRVT WLD_USDT_Perp	0.4544	0.0100	get 0.0100% / 8h	1h 43m	$600K	$2.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now +0.051%Rate

Funding earned: $0
Price spread: +0.051% → −0.073%: $12.44
Slippage, 4 orders: −$28.39
Fee Pacifica: 4 bp × 2 orders: −$8
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$32.96
Costs to cover: 0.454%
Break-even: never at this rate

Slippage from Pacifica: live order book, 65 min ago; GRVT: 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, 65 min ago	3.32 bp	10.5 bp −$10	doesn't fit	doesn't fit	doesn't fit
Sell GRVT live order book, 5 min ago	2.20 bp	11.9 bp −$12	34.3 bp −$343	doesn't fit	doesn't fit

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
Nado WLD-PERP	−0.0006%	1h	0.4544	+0.061%	$239K	$170K	5x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4539	−0.051%	$155K	$33K	10x	as long as short
Kalshi KXWLDPERP	0.0000%	8h	0.4547	+0.121%	$48K	$4.8M	1.7x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4544	+0.055%	$151K	$1.0M	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4544	+0.057%	$66K	—	150x	as long as short
KuCoin WLDUSDTM	+0.0082%	8h	0.4542	+0.011%	$6.7M	$11.9M	50x	as long as short
Orderly PERP_WLD_USDC	+0.0099%	8h	0.4543	+0.033%	$27K	$788K	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4540	−0.042%	$227K	$1.1M	50x	as long as short
Pacifica WLDlong	+0.0100%	1h	0.4541	long leg	$50K	$539K	5x
Binance WLDUSDT	+0.0100%	8h	0.4538	−0.077%	$86.6M	$340.3M	75x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit WLDUSDT	+0.0100%	8h	0.4537	−0.099%	$64.9M	$92.0M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4537	−0.099%	$34.4M	$155.6M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4544	+0.055%	$7.2M	$36.2M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4545	+0.077%	$40.4M	$56.7M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4539	−0.055%	$29.9M	$31.4M	75x	as long as short
BingX WLD-USDC	+0.0100%	8h	0.4544	+0.055%	—	$1.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4548	+0.134%	$135K	$300K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4533	−0.194%	$2.1M	$1.7M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4536	−0.123%	$27K	$322K	20x	as long as short
GRVT WLD_USDT_Perpshort	+0.0100%	8h	0.4544	+0.051%	$600K	$2.0M	10x
ApeX Omni WLDUSDT	+0.0100%	1h	0.4545	+0.077%	$48K	$240K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4542	+0.022%	$51K	$2.6M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4547	+0.121%	$22K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4540	−0.033%	$213	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4539	−0.055%	$830K	$1.7M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4539	−0.055%	$1.8M	$3.6M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4541	−0.011%	$209K	$1.0M	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4542	+0.022%	$31K	$500	3x	as long as short
Injective WLD/USDC PERP	+0.0132%	1h	0.4581	+0.870%	$6K	$185K	5.5x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4543	+0.039%	—	—	20x	as long as short
01 Exchange WLDUSD	+0.0136%	1h	0.4550	+0.178%	$325	$55	5x	as long as short
Phoenix WLD	+0.0158%	1h	0.4530	−0.262%	$5K	$44K	10x	as long as short
Lighter WLD	+0.0168%	1h	0.4545	+0.079%	$4.9M	$2.9M	10x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0219% / S −0.0967%	1h	0.4545	+0.066%	$4K	—	100x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4539	−0.055%	$4.8M	$937K	75x	as long as short
Coinbase International WLD-PERP-INTX	+0.0488%	1h	0.4540	−0.033%	$274K	$1.7M	50x	as long as short
Hyperliquid WLD	+0.0715%	1h	0.4550	+0.192%	$49.9M	$44.8M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.1042%	1h	0.4541	−0.006%	$874K	$2.9M	50x	as long as short