Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: HTX against Pacifica−0.261%7-day average −0.192% · you buy dearer than you sell

Net, funding: paid 7d − costs−$107as in the Funding arb table

Net, price: spread back to 7d avg − costs−$109as in the Price arb table

costs, in and out, $10k−$1021.021% of the position

Long on Pacifica Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.051%−$5 on $10k

Price spread, last 4 days (all we have)+0.202%+$20 · spread now −0.261%, 7d avg −0.192%

Together, before fees+0.151%+ Points / potential airdropPacifica: Active · farm board+$15 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: HTX is 0.069% cheaper against Pacifica than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.192%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica WLD	0.4563	0.0100	pay 0.0013% / 1h	49m 14s	$49K	$528K	5x
Short	HTX WLD-USDT	0.4551	0.0100	get 0.0100% / 8h	4h 49m	$833K	$1.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now −0.261%Rate

Funding earned: $0
Price spread: −0.261% → −0.192%: −$6.91
Slippage, 4 orders: −$82.13
Fee Pacifica: 4 bp × 2 orders: −$8
Fee HTX: 6 bp × 2 orders: −$12
Net: −$109.04
Costs to cover: 1.021%
Break-even: never at this rate

Slippage from Pacifica: live order book, 9 min ago; HTX: 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, 9 min ago	1.10 bp	16.3 bp −$16	doesn't fit	doesn't fit	doesn't fit
Sell HTX live order book, 5 min ago	13.08 bp	27.0 bp −$27	doesn't fit	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
Kalshi KXWLDPERP	−0.0108%	8h	0.4566	+0.068%	$63K	$4.6M	1.7x	as long as short
Nado WLD-PERP	−0.0078%	1h	0.4560	−0.075%	$242K	$205K	5x	as long as short
KuCoin WLDUSDTM	−0.0037%	8h	0.4553	−0.217%	$6.9M	$11.6M	50x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4563	+0.004%	$156K	$33K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4558	−0.108%	$115K	$923K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4557	−0.135%	$66K	—	150x	as long as short
Injective WLD/USDC PERP	+0.0014%	1h	0.4558	−0.108%	$6K	$185K	5.5x	as long as short
01 Exchange WLDUSD	+0.0016%	1h	0.4556	−0.149%	$326	$80	5x	as long as short
Orderly PERP_WLD_USDC	+0.0082%	8h	0.4556	−0.151%	$28K	$889K	10x	as long as short
Lighter WLD	+0.0096%	1h	0.4560	−0.055%	$4.9M	$2.4M	10x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster WLDUSDT	+0.0100%	8h	0.4564	+0.024%	$189K	$1.1M	50x	as long as short
Pacifica WLDlong	+0.0100%	1h	0.4563	long leg	$49K	$528K	5x
Binance WLDUSDT	+0.0100%	8h	0.4555	−0.167%	$86.4M	$327.5M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4554	−0.195%	$65.0M	$88.9M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4555	−0.173%	$34.1M	$148.3M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4552	−0.239%	$7.2M	$36.7M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4554	−0.195%	$44.6M	$53.7M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4552	−0.239%	$30.1M	$30.2M	75x	as long as short
BingX WLD-USDC	+0.0100%	8h	0.4552	−0.239%	—	$1.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4556	−0.154%	$135K	$299K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4575	+0.258%	$2.1M	$1.7M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4588	+0.558%	$27K	$319K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4586	+0.507%	$603K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4579	+0.353%	$43K	$239K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4555	−0.173%	$41K	$2.1M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4563	+0.002%	$23K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4556	−0.151%	$172	$5K	10x	as long as short
HTX WLD-USDTshort	+0.0100%	8h	0.4551	−0.261%	$833K	$1.9M	50x
Phemex WLDUSDT	+0.0100%	8h	0.4556	−0.151%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4555	−0.178%	$227K	$974K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4546	−0.364%	$31K	$600	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4555	−0.168%	—	—	20x	as long as short
Phoenix WLD	+0.0158%	1h	0.4594	+0.675%	$5K	$52K	10x	as long as short
Hyperliquid WLD	+0.0165%	1h	0.4560	−0.068%	$50.0M	$43.2M	10x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4557	−0.130%	$4.9M	$845K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0229% / S −0.1268%	1h	0.4557	−0.137%	$5K	—	100x	as long as short
Kraken Futures PF_WLDUSD	+0.0482%	1h	0.4557	−0.121%	$881K	$2.8M	50x	as long as short
Coinbase International WLD-PERP-INTX	+0.0496%	1h	0.4563	+0.002%	$268K	$1.7M	50x	as long as short