Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.012%

Price spread now: Binance against Variational Omni+0.644%7-day average +0.040% · you sell dearer than you buy

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

Long on Variational Omni Short on Binance

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.005%$0 on $10k

Price spread, last 7 days−0.625%−$62 · spread now +0.644%, 7d avg +0.040%

Together, before fees−0.620%+ Points / potential airdropVariational Omni: Active · farm board−$62 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: Binance is 0.604% dearer against Variational Omni than usual: you sell high and buy low, +$60 on $10k if it goes back to its 7-day average of +0.040%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni WLD	0.4584	0.0100	pay 0.0100% / 8h	7h 43m	$2.0M	$1.7M	—
Short	Binance WLDUSDT	0.4613	0.0100	get 0.0100% / 8h	7h 43m	$87.1M	$303.7M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Variational Omni. 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 Variational OmnibpFee BinancebpOrdersPrice spread, now +0.644%Rate

Funding earned: $0
Price spread: +0.644% → +0.040%: $60.36
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Binance: 5 bp × 2 orders: −$10
Net: $50.36
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Variational Omni: RFQ quote, 1 min ago; Binance: live order book, 15 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 Variational Omni RFQ quote, 1 min ago	4.35 bp	doesn't fit	17.4 bp −$174	doesn't fit	doesn't fit
Sell Binance live order book, 15 min ago	1.09 bp	8.1 bp −$8	13.5 bp −$135	53.8 bp −$5,376	194.2 bp −$97.1K

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	−0.0196%	8h	0.4596	+0.266%	$63K	$3.9M	1.7x	as long as short
Nado WLD-PERP	−0.0029%	1h	0.4612	+0.615%	$278K	$169K	5x	as long as short
KuCoin WLDUSDTM	−0.0010%	8h	0.4607	+0.506%	$7.0M	$11.1M	50x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4605	+0.458%	$164K	$13K	10x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4614	+0.662%	$57K	—	150x	as long as short
Injective WLD/USDC PERP	+0.0038%	1h	0.4597	+0.288%	$6K	$185K	5.5x	as long as short
Orderly PERP_WLD_USDC	+0.0041%	8h	0.4616	+0.703%	$28K	$903K	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4609	+0.556%	$192K	$984K	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4606	+0.490%	$54K	$483K	5x	as long as short
Binance WLDUSDTshort	+0.0100%	8h	0.4613	+0.644%	$87.1M	$303.7M	75x

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit WLDUSDT	+0.0100%	8h	0.4617	+0.725%	$66.2M	$82.7M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4615	+0.681%	$34.5M	$144.3M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4609	+0.550%	$7.5M	$35.2M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4612	+0.615%	$47.0M	$53.3M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4610	+0.572%	$30.5M	$26.1M	75x	as long as short
BingX WLD-USDC	+0.0100%	8h	0.4616	+0.703%	—	$1.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4595	+0.249%	$137K	$280K	10x	as long as short
Variational Omni WLDlong	+0.0100%	8h	0.4584	long leg	$2.0M	$1.7M	—
edgeX WLDUSDC	+0.0100%	4h	0.4585	+0.017%	$27K	$318K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4601	+0.366%	$608K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4590	+0.135%	$54K	$229K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4611	+0.594%	$49K	$1.6M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4597	+0.288%	$23K	$1.5M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4592	+0.179%	$219	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4596	+0.266%	$855K	$1.8M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4591	+0.157%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4606	+0.474%	$232K	$847K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4617	+0.728%	$31K	$600	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4609	+0.546%	—	—	20x	as long as short
Phoenix WLD	+0.0157%	1h	0.4595	+0.234%	$5K	$53K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	+0.0185%	1h	0.4594	+0.223%	$123K	$861K	25x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4588	+0.092%	$4.9M	$821K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0229% / S −0.1268%	1h	0.4614	+0.666%	$5K	—	100x	as long as short
01 Exchange WLDUSD	+0.0248%	1h	0.4619	+0.759%	$330	$77	5x	as long as short
Kraken Futures PF_WLDUSD	+0.0328%	1h	0.4594	+0.222%	$905K	$2.7M	50x	as long as short
Coinbase International WLD-PERP-INTX	+0.0448%	1h	0.4597	+0.288%	$273K	$1.7M	50x	as long as short
Hyperliquid WLD	+0.0723%	1h	0.4618	+0.753%	$51.4M	$43.5M	10x	as long as short
Lighter WLD	+0.0944%	1h	0.4615	+0.683%	$5.2M	$2.0M	10x	as long as short