WLD

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.020%

Price spread now: BloFin against Phemex+0.066%59s7-day average +0.015% · you sell dearer than you buy

Net, funding: paid 7d − costs−$101as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1141.136% of the position

Long on Phemex Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.123%+$12 on $10k

Price spread, last 3 days (all we have)−0.042%−$4 · spread now +0.066%, 7d avg +0.015%

Together, before fees+0.081%+$8 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.050% dearer against Phemex than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.015%. The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phemex WLDUSDT	0.4578	0.0100	pay 0.0100% / 8h	7h 57m	$1.8M	$3.7M	50x
Short	BloFin WLD-USDT	0.4581	0.0220	get 0.0220% / 8h	7h 57m	$4.9M	$822K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Phemex. 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 PhemexbpFee BloFinbpOrdersPrice spread, now +0.066%Rate

Funding earned: $25.2
Price spread: +0.066% → +0.015%: $5.02
Slippage, 4 orders: −$89.56
Fee Phemex: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$83.34
Costs to cover: 1.136%
Break-even: 30.2 days

Slippage from Phemex: live order book, 6 min ago; BloFin: live order book, 11 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 Phemex live order book, 6 min ago	7.64 bp	44.1 bp −$44	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 11 min ago	4.36 bp	13.8 bp −$14	18.2 bp −$182	41.0 bp −$4,098	111.6 bp −$55.8K

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	−0.0202%	8h	0.4575	−0.066%	$65K	$3.9M	1.7x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4576	−0.048%	$163K	$13K	10x	as long as short
KuCoin WLDUSDTM	+0.0003%	8h	0.4573	−0.109%	$6.9M	$11.0M	50x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4579	+0.027%	$56K	—	150x	as long as short
Injective WLD/USDC PERP	+0.0038%	1h	0.4585	+0.153%	$6K	$185K	5.5x	as long as short
Orderly PERP_WLD_USDC	+0.0039%	8h	0.4578	0.000%	$28K	$906K	10x	as long as short
Nado WLD-PERP	+0.0096%	1h	0.4577	−0.022%	$276K	$169K	5x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4576	−0.037%	$192K	$1.0M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4578	+0.002%	$54K	$487K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4576	−0.043%	$86.5M	$304.1M	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	0.4578	0.000%	$65.8M	$82.8M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4578	0.000%	$34.3M	$143.5M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4574	−0.087%	$7.5M	$34.9M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4577	−0.022%	$46.3M	$53.1M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4575	−0.066%	$30.3M	$26.1M	75x	as long as short
BingX WLD-USDT	+0.0100%	8h	0.4575	−0.066%	—	$67.1M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4579	+0.013%	$136K	$283K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4578	−0.003%	$2.0M	$1.7M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4577	−0.020%	$27K	$318K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4585	+0.153%	$608K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4580	+0.044%	$55K	$228K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4578	−0.007%	$48K	$1.6M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4584	+0.131%	$23K	$1.5M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4575	−0.066%	$213	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4567	−0.240%	$850K	$1.8M	50x	as long as short
Phemex WLDUSDTlong	+0.0100%	8h	0.4578	long leg	$1.8M	$3.7M	50x
Extended WLD-USD	+0.0104%	1h	0.4573	−0.117%	$231K	$847K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4581	+0.060%	$31K	$5K	3x	as long as short
Phoenix WLD	+0.0104%	1h	0.4586	+0.164%	$5K	$53K	10x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4574	−0.090%	—	—	20x	as long as short
Deribit WLD_USDC-PERPETUAL	+0.0187%	1h	0.4580	+0.044%	$122K	$892K	25x	as long as short
BloFin WLD-USDTshort	+0.0220%	8h	0.4581	+0.066%	$4.9M	$822K	75x
GMX WLD/USD [ETH-USDC]	L +0.0229% / S −0.1268%	1h	0.4580	+0.042%	$5K	—	100x	as long as short
01 Exchange WLDUSD	+0.0280%	1h	0.4582	+0.076%	$328	$77	5x	as long as short
Kraken Futures PF_WLDUSD	+0.0329%	1h	0.4578	+0.008%	$903K	$2.7M	50x	as long as short
Coinbase International WLD-PERP-INTX	+0.0448%	1h	0.4580	+0.044%	$273K	$1.6M	50x	as long as short
Hyperliquid WLD	+0.0740%	1h	0.4583	+0.114%	$50.8M	$43.6M	10x	as long as short
Lighter WLD	+0.1008%	1h	0.4589	+0.238%	$5.2M	$2.0M	10x	as long as short