Funding arb · Price arb /

WLD

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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 +0.013%

Price spread now: MEXC against Variational Omni+0.248%7-day average +0.035% · you sell dearer than you buy

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

Long on Variational Omni Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.005%+$1 on $10k

Price spread, last 7 days−0.218%−$22 · spread now +0.248%, 7d avg +0.035%

Together, before fees−0.212%+ Points / potential airdropVariational Omni: Active · farm board−$21 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: MEXC is 0.213% dearer against Variational Omni than usual: you sell high and buy low, +$21 on $10k if it goes back to its 7-day average of +0.035%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni WLD	0.4556	0.0100	pay 0.0100% / 8h	4h 01m	$2.1M	$1.7M	—
Short	MEXC WLD_USDT	0.4567	0.0100	get 0.0100% / 8h	4h 01m	$43.4M	$54.6M	300x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.248%Rate

Funding earned: $0
Price spread: +0.248% → +0.035%: $21.32
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee MEXC: 0 bp × 2 orders: $0
Net: $21.32
Costs to cover: 0.000%
Break-even: from the start

Slippage unknown: Variational Omni: RFQ quote, 3 min ago; MEXC: live order book, 2 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, 3 min ago	5.48 bp	doesn't fit	20.8 bp −$208	doesn't fit	doesn't fit
Sell MEXC live order book, 2 min ago	1.10 bp	2.4 bp −$2	5.4 bp −$54	21.1 bp −$2,107	74.0 bp −$37.0K

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	−0.0047%	1h	0.4569	+0.292%	$242K	$205K	5x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4565	+0.196%	$156K	$33K	10x	as long as short
Kalshi KXWLDPERP	0.0000%	8h	0.4563	+0.160%	$53K	$4.6M	1.7x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4566	+0.226%	$124K	$963K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4564	+0.177%	$66K	—	150x	as long as short
KuCoin WLDUSDTM	+0.0008%	8h	0.4567	+0.248%	$6.9M	$11.7M	50x	as long as short
Injective WLD/USDC PERP	+0.0014%	1h	0.4583	+0.599%	$6K	$185K	5.5x	as long as short
Lighter WLD	+0.0096%	1h	0.4569	+0.301%	$4.9M	$2.4M	10x	as long as short
Orderly PERP_WLD_USDC	+0.0098%	8h	0.4564	+0.182%	$28K	$885K	10x	as long as short
Polymarket Perps WLD-USD	+0.0099%	1h	0.4566	+0.217%	$40K	$2.2M	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	0.4563	+0.164%	$211K	$1.1M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4567	+0.247%	$49K	$527K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4569	+0.301%	$86.6M	$328.8M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4566	+0.226%	$65.0M	$89.6M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4567	+0.248%	$34.4M	$150.1M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4568	+0.270%	$7.2M	$37.1M	75x	as long as short
MEXC WLD_USDTshort	+0.0100%	8h	0.4567	+0.248%	$43.4M	$54.6M	300x
Bitget WLDUSDT	+0.0100%	8h	0.4566	+0.226%	$30.2M	$30.2M	75x	as long as short
BingX WLD-USDT	+0.0100%	8h	0.4563	+0.160%	—	$67.5M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4566	+0.215%	$136K	$299K	10x	as long as short
Variational Omni WLDlong	+0.0100%	8h	0.4556	long leg	$2.1M	$1.7M	—
edgeX WLDUSDC	+0.0100%	4h	0.4563	+0.152%	$27K	$320K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4567	+0.248%	$604K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4567	+0.248%	$43K	$238K	50x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4568	+0.270%	$22K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4564	+0.182%	$172	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4565	+0.204%	$834K	$1.8M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4569	+0.292%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4569	+0.285%	$218K	$981K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4565	+0.209%	$31K	$600	3x	as long as short
01 Exchange WLDUSD	+0.0128%	1h	0.4572	+0.364%	$327	$80	5x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4564	+0.188%	—	—	20x	as long as short
Phoenix WLD	+0.0158%	1h	0.4567	+0.237%	$5K	$52K	10x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4562	+0.138%	$4.9M	$829K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0229% / S −0.1268%	1h	0.4563	+0.159%	$5K	—	100x	as long as short
Hyperliquid WLD	+0.0333%	1h	0.4574	+0.395%	$50.2M	$43.3M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.0480%	1h	0.4569	+0.283%	$882K	$2.8M	50x	as long as short
Coinbase International WLD-PERP-INTX	+0.0496%	1h	0.4561	+0.116%	$267K	$1.6M	50x	as long as short