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

WLD

all WLD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0084%/8h= +9.3% APRnext payment +$0.11 per $10,000 · paid last 24h −0.033%
Price spread now: Kraken Futures against Pacifica+0.358%7-day average +0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$580.583% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.020%−$2 on $10k
Price spread, last 3 days (all we have)−0.143%−$14 · spread now +0.358%, 7d avg +0.016%
Together, before fees−0.163%+ Points / potential airdropPacifica: Active · farm board−$16 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Kraken Futures is 0.343% dearer against Pacifica than usual: you sell high and buy low: +$34 more if the spread goes back to its 7-day average of +0.016%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica WLD0.46030.0100pay 0.0013% / 1h38m 23s$52K$480K5x
ShortKraken Futures PF_WLDUSD0.46200.0184get 0.0023% / 1h38m 23s$927K$2.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
$17.74
Price spread: +0.358% → +0.016%
$34.25
Slippage, 4 orders
−$40.32
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$6.33
Costs to cover
0.583%
Break-even
9.5 days
Slippage from Pacifica: live order book, 45 min ago; Kraken Futures: live order book, 5 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, 45 min ago2.20 bp13.5 bp −$14doesn't fitdoesn't fitdoesn't fit
Sell Kraken Futures live order book, 5 min ago5.44 bp12.6 bp −$1323.4 bp −$2341049.7 bp −$105.0Kdoesn't fit

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
Kalshi KXWLDPERP−0.0395%8h0.4623+0.434%$35K$3.8M1.7xas long as short
Injective WLD/USDC PERP−0.0079%1h0.4522−1.761%$6K$185K5.5xas long as short
Orderly PERP_WLD_USDC−0.0005%8h0.4604+0.021%$28K$914K10xas long as short
dYdX WLD-USD0.0000%1h0.4602−0.017%$164K$13K10xas long as short
KuCoin WLDUSDTM+0.0001%8h0.4598−0.109%$7.0M$10.7M50xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4605+0.046%$57K150xas long as short
Variational Omni WLD+0.0046%8h0.4597−0.132%$2.1M$1.6Mas long as short
Nado WLD-PERP+0.0064%1h0.4599−0.077%$277K$169K5xas long as short
Aster WLDUSDT+0.0100%8h0.4605+0.052%$217K$988K50xas long as short
Pacifica WLDlong+0.0100%1h0.4603long leg$52K$480K5x
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance WLDUSDT+0.0100%8h0.4605+0.043%$87.3M$295.4M75xas long as short
Bybit WLDUSDT+0.0100%8h0.4605+0.043%$66.2M$81.2M50xas long as short
OKX WLD-USDT-SWAP+0.0100%8h0.4602−0.023%$34.4M$141.4M50xas long as short
Gate WLD_USDT+0.0100%8h0.4606+0.064%$7.5M$35.0M75xas long as short
MEXC WLD_USDT+0.0100%8h0.4605+0.043%$49.3M$51.3M300xas long as short
Bitget WLDUSDT+0.0100%8h0.4596−0.153%$30.3M$25.4M75xas long as short
BingX WLD-USDT+0.0100%8h0.4605+0.043%$67.9Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4614+0.232%$128K$269K10xas long as short
edgeX WLDUSDC+0.0100%4h0.4598−0.107%$27K$314K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4598−0.109%$627K$1.9M10xas long as short
ApeX Omni WLDUSDT+0.0100%1h0.4597−0.131%$55K$227K50xas long as short
Polymarket Perps WLD-USD+0.0100%1h0.4601−0.044%$47K$1.7M10xas long as short
SunX WLD-USDT+0.0100%8h0.4623+0.434%$23K$1.5M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4618+0.325%$203$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4616+0.282%$871K$1.8M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4611+0.173%$1.8M$3.8M50xas long as short
Extended WLD-USD+0.0104%1h0.4603−0.008%$242K$855K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4597−0.131%$31K$5K3xas long as short
Phoenix WLD+0.0124%1h0.4595−0.172%$5K$53K10xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4599−0.078%20xas long as short
Deribit WLD_USDC-PERPETUAL+0.0183%1h0.4623+0.434%$108K$890K25xas long as short
Kraken Futures PF_WLDUSDshort+0.0184%1h0.4620+0.358%$927K$2.6M50x
BloFin WLD-USDT+0.0220%8h0.4616+0.282%$4.9M$821K75xas long as short
01 Exchange WLDUSD+0.0256%1h0.4604+0.012%$329$775xas long as short
GMX WLD/USD [ETH-USDC]L +0.0260% / S −0.2221%1h0.4606+0.059%$9K100xas long as short
Coinbase International WLD-PERP-INTX+0.0424%1h0.4623+0.434%$275K$1.6M50xas long as short
Lighter WLD+0.0904%1h0.4612+0.201%$5.2M$2.1M10xas long as short
Hyperliquid WLD+0.1104%1h0.4606+0.060%$50.3M$43.0M10xas long as short