Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0120%/8h= +13.1% APRpaid last 24h +0.022%

Price spread now: BloFin against SoDEX−0.044%56s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on SoDEX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. BloFin is 0.044% cheaper against SoDEX than usual: you would sell low and buy high (spread −0.044% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 29 hours of funding at the current rate (+$4 a day). The two prices were read 56 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	SoDEX WLD-USD	0.4527	0.0100	pay 0.0013% / 1h	48m 11s	$215	$5K	10x
Short	BloFin WLD-USDT	0.4525	0.0220	get 0.0220% / 8h	7h 48m	$4.4M	$911K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against SoDEX. 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 SoDEXbpFee BloFinbpOrdersPrice spread, now −0.044%Rate

Funding earned: $25.2
Price spread: −0.044% → 0.000%: −$4.42
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee BloFin: 6 bp × 2 orders: −$12
Net: $0.78
Costs to cover: 0.200%
Break-even: 6.8 days

Slippage unknown: SoDEX: no order-book sample; BloFin: live order book, 5 min ago. Net counts fees only.

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 SoDEX no order-book sample	—	—	—	—	—
Sell BloFin live order book, 5 min ago	5.53 bp	11.5 bp −$12	15.3 bp −$153	39.7 bp −$3,966	118.7 bp −$59.3K

SoDEX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0002%	1h	0.4531	+0.099%	$235K	$175K	5x	as long as short
Kalshi KXWLDPERP	0.0000%	8h	0.4519	−0.177%	$36K	$4.6M	1.7x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4531	+0.088%	$66K	—	150x	as long as short
dYdX WLD-USD	+0.0034%	1h	0.4528	+0.027%	$154K	$32K	10x	as long as short
Orderly PERP_WLD_USDC	+0.0099%	8h	0.4530	+0.066%	$27K	$624K	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4528	+0.022%	$228K	$1.0M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4527	+0.006%	$54K	$543K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4528	+0.022%	$86.9M	$332.8M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4527	0.000%	$64.1M	$89.3M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4529	+0.044%	$34.3M	$150.3M	50x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate WLD_USDT	+0.0100%	8h	0.4529	+0.044%	$7.1M	$34.5M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4530	+0.066%	$42.0M	$55.6M	300x	as long as short
KuCoin WLDUSDTM	+0.0100%	8h	0.4527	0.000%	$6.6M	$11.6M	50x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4529	+0.044%	$29.9M	$31.0M	75x	as long as short
BingX WLD-USDT	+0.0100%	8h	0.4529	+0.044%	—	$20.2M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4531	+0.077%	$132K	$298K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4523	−0.094%	$2.1M	$1.5M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4515	−0.268%	$27K	$321K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4518	−0.192%	$600K	$2.1M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4516	−0.243%	$48K	$237K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4531	+0.077%	$49K	$2.7M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4534	+0.155%	$22K	$1.6M	50x	as long as short
SoDEX WLD-USDlong	+0.0100%	1h	0.4527	long leg	$215	$5K	10x
HTX WLD-USDT	+0.0100%	8h	0.4520	−0.155%	$827K	$1.5M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4528	+0.022%	$1.7M	$3.6M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4527	+0.008%	$208K	$876K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4530	+0.073%	$31K	$500	3x	as long as short
Injective WLD/USDC PERP	+0.0109%	1h	0.4508	−0.420%	$6K	$185K	5.5x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4528	+0.017%	—	—	20x	as long as short
Deribit WLD_USDC-PERPETUAL	+0.0192%	1h	0.4531	+0.088%	$119K	$1.0M	25x	as long as short
01 Exchange WLDUSD	+0.0192%	1h	0.4532	+0.106%	$324	$55	5x	as long as short
Phoenix WLD	+0.0194%	1h	0.4520	−0.155%	$4K	$44K	10x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0219% / S −0.0967%	1h	0.4531	+0.092%	$4K	—	100x	as long as short
BloFin WLD-USDTshort	+0.0220%	8h	0.4525	−0.044%	$4.4M	$911K	75x
Lighter WLD	+0.0256%	1h	0.4532	+0.110%	$4.9M	$2.9M	10x	as long as short
Hyperliquid WLD	+0.0262%	1h	0.4533	+0.135%	$50.2M	$43.1M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.0302%	1h	0.4529	+0.044%	$871K	$2.8M	50x	as long as short
Coinbase International WLD-PERP-INTX	+0.0440%	1h	0.4531	+0.088%	$269K	$1.6M	50x	as long as short