Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0097%/8h= −10.6% APRpaid last 24h −0.029%

Price spread now: gTrade (Gains Network) against SunX+0.017%54s7-day average — · you sell dearer than you buy

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

Long on SunX Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 3 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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$3 a day on $10k at the current rate. The two prices were read 54 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	SunX WLD-USDT	0.4570	0.0100	pay 0.0100% / 8h	3h 59m	$23K	$1.6M	50x
Short	gTrade (Gains Network) WLD/USD	0.4571	L +0.0003% / S −0.0003%	get 0.0000% / 1h	59m 25s	$66K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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 gTrade (Gains Network)bpOrdersPrice spread, now +0.017%Rate

Funding earned: −$20.42
Price spread: +0.017% → 0.000%: $1.66
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$36.76
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: SunX: live order book, 6 min ago; gTrade (Gains Network): no order-book sample. 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 SunX live order book, 6 min ago	29.63 bp	38.5 bp −$39	doesn't fit	doesn't fit	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): 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
Polymarket Perps WLD-USD	−0.0106%	1h	0.4570	+0.009%	$40K	$2.2M	10x	as long as short
Nado WLD-PERP	−0.0089%	1h	0.4572	+0.044%	$242K	$205K	5x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4566	−0.095%	$156K	$33K	10x	as long as short
Kalshi KXWLDPERP	0.0000%	8h	0.4572	+0.044%	$54K	$4.6M	1.7x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4567	−0.066%	$124K	$963K	25x	as long as short
gTrade (Gains Network) WLD/USDshort	L +0.0003% / S −0.0003%	1h	0.4571	+0.017%	$66K	—	150x
KuCoin WLDUSDTM	+0.0010%	8h	0.4572	+0.044%	$6.9M	$11.7M	50x	as long as short
Injective WLD/USDC PERP	+0.0014%	1h	0.4583	+0.284%	$6K	$185K	5.5x	as long as short
Lighter WLD	+0.0096%	1h	0.4578	+0.182%	$5.0M	$2.4M	10x	as long as short
Orderly PERP_WLD_USDC	+0.0099%	8h	0.4566	−0.088%	$28K	$885K	10x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster WLDUSDT	+0.0100%	8h	0.4571	+0.032%	$212K	$1.1M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4575	+0.117%	$49K	$525K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4572	+0.044%	$86.7M	$329.0M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4571	+0.022%	$65.1M	$89.6M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4572	+0.044%	$34.4M	$150.3M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4573	+0.066%	$7.2M	$36.0M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4572	+0.044%	$43.4M	$54.0M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4572	+0.044%	$30.2M	$30.2M	75x	as long as short
BingX WLD-USDC	+0.0100%	8h	0.4574	+0.088%	—	$1.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4566	−0.096%	$136K	$299K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4567	−0.072%	$2.1M	$1.7M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4565	−0.110%	$27K	$320K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4567	−0.066%	$604K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4567	−0.066%	$43K	$238K	50x	as long as short
SunX WLD-USDTlong	+0.0100%	8h	0.4570	long leg	$23K	$1.6M	50x
SoDEX WLD-USD	+0.0100%	1h	0.4567	−0.066%	$174	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4565	−0.109%	$834K	$1.8M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4567	−0.066%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4573	+0.060%	$220K	$981K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4566	−0.080%	$31K	$600	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4571	+0.028%	—	—	20x	as long as short
Phoenix WLD	+0.0158%	1h	0.4567	−0.077%	$5K	$51K	10x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4563	−0.153%	$4.9M	$829K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0229% / S −0.1268%	1h	0.4566	−0.089%	$5K	—	100x	as long as short
01 Exchange WLDUSD	+0.0240%	1h	0.4573	+0.074%	$327	$80	5x	as long as short
Hyperliquid WLD	+0.0348%	1h	0.4579	+0.197%	$50.3M	$43.4M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.0480%	1h	0.4569	−0.015%	$882K	$2.8M	50x	as long as short
Coinbase International WLD-PERP-INTX	+0.0496%	1h	0.4575	+0.109%	$268K	$1.7M	50x	as long as short