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

WLD

all WLD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0060%/8h= −6.6% APRpaid last 24h 0.000%
Price spread now: ApeX Omni against SunX−0.832%73s7-day average −0.101% · you buy dearer than you sell
Net, funding: paid 7d − costs−$115as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1151.149% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.002%$0 on $10k
Price spread, last 3 days (all we have)+0.536%+$54 · spread now −0.832%, 7d avg −0.101%
Together, before fees+0.534%+$53 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and ApeX Omni is 0.731% cheaper against SunX than usual: you would sell low and buy high (−$73 if the spread goes back to its 7-day average of −0.101%). Swap the legs. The two prices were read 73 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX WLD-USDT0.46860.0100pay 0.0100% / 8h6h 27m$23K$1.6M50x
ShortApeX Omni WLDUSDT0.46470.0040get 0.0005% / 1h27m 46s$51K$237K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against SunX. 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
−$12.58
Price spread: −0.832% → −0.101%
−$73.12
Slippage, 4 orders
−$96.89
Fee SunX: 4 bp × 2 orders
−$8
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$200.59
Costs to cover
1.149%
Break-even
never at this rate
Slippage from SunX: live order book, 7 min ago; ApeX Omni: live order book, 38 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 SunX live order book, 7 min ago30.08 bp38.9 bp −$39doesn't fitdoesn't fitdoesn't fit
Sell ApeX Omni live order book, 38 min ago5.31 bp13.9 bp −$14106.4 bp −$1,064doesn't fitdoesn't fit

WLD on 37 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
Injective WLD/USDC PERP−0.0235%1h0.4615−1.515%$6K$185K5.5xas long as short
Kalshi KXWLDPERP−0.0157%8h0.4691+0.107%$41K$4.4M1.7xas long as short
KuCoin WLDUSDTM−0.0050%8h0.4701+0.320%$7.1M$11.5M50xas long as short
Nado WLD-PERP−0.0011%1h0.4674−0.256%$271K$178K5xas long as short
dYdX WLD-USD0.0000%1h0.4668−0.389%$159K$19K10xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4682−0.087%$56K150xas long as short
ApeX Omni WLDUSDTshort+0.0040%1h0.4647−0.832%$51K$237K50x
Gate WLD_USDT+0.0041%8h0.4708+0.469%$7.4M$37.5M75xas long as short
Orderly PERP_WLD_USDC+0.0057%8h0.4687+0.021%$28K$897K10xas long as short
Phoenix WLD+0.0068%1h0.4648−0.813%$5K$54K10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster WLDUSDT+0.0100%8h0.4688+0.051%$180K$1.0M50xas long as short
Pacifica WLD+0.0100%1h0.4667−0.407%$56K$506K5xas long as short
Binance WLDUSDT+0.0100%8h0.4708+0.469%$89.4M$323.8M75xas long as short
Bybit WLDUSDT+0.0100%8h0.4708+0.469%$67.3M$87.1M50xas long as short
OKX WLD-USDT-SWAP+0.0100%8h0.4709+0.491%$35.4M$153.7M50xas long as short
MEXC WLD_USDT+0.0100%8h0.4705+0.405%$47.4M$55.7M300xas long as short
Bitget WLDUSDT+0.0100%8h0.4706+0.427%$31.3M$29.1M75xas long as short
BingX WLD-USDT+0.0100%8h0.4707+0.448%$67.6Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4696+0.203%$138K$293K10xas long as short
Variational Omni WLD+0.0100%8h0.4652−0.730%$2.1M$1.7Mas long as short
edgeX WLDUSDC+0.0100%4h0.4647−0.826%$28K$319K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4634−1.108%$608K$1.9M10xas long as short
Polymarket Perps WLD-USD+0.0100%1h0.4678−0.160%$51K$2.0M10xas long as short
SunX WLD-USDTlong+0.0100%8h0.4686long leg$23K$1.6M50x
SoDEX WLD-USD+0.0100%1h0.4685−0.021%$224$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4682−0.085%$886K$1.8M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4692+0.128%$1.9M$3.7M50xas long as short
Extended WLD-USD+0.0104%1h0.4705+0.412%$216K$885K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4688+0.039%$32K$6003xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4675−0.229%20xas long as short
GMX WLD/USD [ETH-USDC]L +0.0230% / S −0.1268%1h0.4680−0.124%$5K100xas long as short
01 Exchange WLDUSD+0.0256%1h0.4678−0.171%$335$775xas long as short
Deribit WLD_USDC-PERPETUAL+0.0390%1h0.4689+0.064%$130K$895K25xas long as short
Coinbase International WLD-PERP-INTX+0.0456%1h0.4680−0.128%$278K$1.7M50xas long as short
Hyperliquid WLD+0.0595%1h0.4714+0.589%$52.6M$44.1M10xas long as short
Kraken Futures PF_WLDUSD+0.0638%1h0.4690+0.088%$916K$2.8M50xas long as short
Lighter WLD+0.0848%1h0.4723+0.781%$5.4M$2.1M10xas long as short