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: edgeX against SunX+0.206%7-day average −0.182% · you sell dearer than you buy

Net, funding: paid 7d − costs−$106as in the Funding arb table

Net, price: spread back to 7d avg − costs−$67as in the Price arb table

costs, in and out, $10k−$1061.061% of the position

Long on SunX Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 3 days (all we have)−0.556%−$56 · spread now +0.206%, 7d avg −0.182%

Together, before fees−0.556%+ Points / potential airdropedgeX: Active · farm board−$56 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: edgeX is 0.388% dearer against SunX than usual: you sell high and buy low, +$39 on $10k if it goes back to its 7-day average of −0.182%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX WLD-USDT	0.4667	0.0100	pay 0.0100% / 8h	6h 05m	$23K	$1.6M	50x
Short	edgeX WLDUSDC	0.4677	0.0100	get 0.0050% / 4h	2h 05m	$28K	$318K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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

Position, each leg$Hold fordaysFee SunXbpFee edgeXbpOrdersPrice spread, now +0.206%Rate

Funding earned: $0
Price spread: +0.206% → −0.182%: $38.8
Slippage, 4 orders: −$89.08
Fee SunX: 4 bp × 2 orders: −$8
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$67.28
Costs to cover: 1.061%
Break-even: never at this rate

Slippage from SunX: live order book, 10 min ago; edgeX: live order book, 63 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 SunX live order book, 10 min ago	29.95 bp	38.7 bp −$39	doesn't fit	doesn't fit	doesn't fit
Sell edgeX live order book, 63 min ago	4.22 bp	8.9 bp −$9	16.4 bp −$164	doesn't fit	doesn't fit

WLD on 37 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
Injective WLD/USDC PERP	−0.0235%	1h	0.4666	−0.021%	$6K	$185K	5.5x	as long as short
Kalshi KXWLDPERP	−0.0139%	8h	0.4670	+0.064%	$71K	$4.5M	1.7x	as long as short
KuCoin WLDUSDTM	−0.0040%	8h	0.4661	−0.129%	$7.1M	$11.5M	50x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4661	−0.127%	$166K	$26K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4661	−0.129%	$121K	$918K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4661	−0.130%	$56K	—	150x	as long as short
Nado WLD-PERP	+0.0008%	1h	0.4658	−0.193%	$270K	$189K	5x	as long as short
Orderly PERP_WLD_USDC	+0.0065%	8h	0.4661	−0.129%	$28K	$895K	10x	as long as short
Phoenix WLD	+0.0068%	1h	0.4662	−0.111%	$5K	$54K	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4663	−0.080%	$179K	$1.0M	50x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica WLD	+0.0100%	1h	0.4665	−0.033%	$51K	$513K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4664	−0.068%	$88.8M	$325.1M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4662	−0.107%	$66.5M	$87.7M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4664	−0.064%	$35.1M	$151.8M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4663	−0.086%	$7.3M	$38.1M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4664	−0.064%	$46.0M	$56.2M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4661	−0.129%	$31.0M	$29.5M	75x	as long as short
BingX WLD-USDC	+0.0100%	8h	0.4663	−0.086%	—	$1.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4663	−0.088%	$139K	$289K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4672	+0.100%	$2.1M	$1.7M	—	as long as short
edgeX WLDUSDCshort	+0.0100%	4h	0.4677	+0.206%	$28K	$318K	20x
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4657	−0.208%	$615K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4675	+0.171%	$51K	$235K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4663	−0.081%	$55K	$2.1M	10x	as long as short
SunX WLD-USDTlong	+0.0100%	8h	0.4667	long leg	$23K	$1.6M	50x
SoDEX WLD-USD	+0.0100%	1h	0.4662	−0.107%	$218	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4665	−0.043%	$852K	$1.9M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4664	−0.064%	$1.9M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4659	−0.173%	$215K	$889K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4662	−0.111%	$32K	$600	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4660	−0.146%	—	—	20x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0230% / S −0.1268%	1h	0.4660	−0.144%	$5K	—	100x	as long as short
01 Exchange WLDUSD	+0.0280%	1h	0.4664	−0.060%	$334	$80	5x	as long as short
Coinbase International WLD-PERP-INTX	+0.0456%	1h	0.4669	+0.043%	$275K	$1.7M	50x	as long as short
Hyperliquid WLD	+0.0549%	1h	0.4670	+0.060%	$51.9M	$43.3M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.0641%	1h	0.4667	+0.005%	$905K	$2.9M	50x	as long as short
Lighter WLD	+0.0864%	1h	0.4673	+0.131%	$5.3M	$2.1M	10x	as long as short