Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0703%/8h= +77.0% APRpaid last 24h −0.053%

Price spread now: 01 Exchange against Variational Omni−0.502%7-day average — · you buy dearer than you sell

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

Long on Variational Omni Short on 01 Exchange

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—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Funding pays, the price is against you. 01 Exchange is 0.502% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.502% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$50 on $10k: about 2.4 days of funding at the current rate (+$21 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni WLD	0.4588	−0.0055	get 0.0055% / 8h	2h 47m	$2.1M	$1.7M	—
Short	01 Exchange WLDUSD	0.4565	0.0648	get 0.0081% / 1h	47m 28s	$327	$77	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange 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 01 ExchangebpOrdersPrice spread, now −0.502%Rate

Funding earned: $147.7
Price spread: −0.502% → 0.000%: −$50.19
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: $90.51
Costs to cover: 0.070%
Break-even: 2.7 days

Slippage unknown: Variational Omni: RFQ quote, 2 min ago; 01 Exchange: 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 Variational Omni RFQ quote, 2 min ago	5.47 bp	doesn't fit	20.8 bp −$208	doesn't fit	doesn't fit
Sell 01 Exchange no order-book sample	—	—	—	—	—

01 Exchange: 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
Kalshi KXWLDPERP	−0.0508%	8h	0.4567	−0.447%	$34K	$3.8M	1.7x	as long as short
Variational Omni WLDlong	−0.0055%	8h	0.4588	long leg	$2.1M	$1.7M	—
Orderly PERP_WLD_USDC	−0.0028%	8h	0.4569	−0.404%	$28K	$919K	10x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4562	−0.545%	$156K	$6K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4573	−0.317%	$154K	$785K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4569	−0.407%	$57K	—	150x	as long as short
KuCoin WLDUSDTM	+0.0016%	8h	0.4555	−0.709%	$7.0M	$10.7M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0045%	8h	0.4557	−0.665%	$34.4M	$136.8M	50x	as long as short
Phoenix WLD	+0.0052%	1h	0.4585	−0.046%	$5K	$52K	10x	as long as short
Nado WLD-PERP	+0.0054%	1h	0.4556	−0.698%	$272K	$168K	5x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit WLDUSDT	+0.0078%	8h	0.4559	−0.622%	$67.0M	$78.4M	50x	as long as short
ApeX Omni WLDUSDT	+0.0084%	1h	0.4590	+0.054%	$55K	$227K	50x	as long as short
MEXC WLD_USDT	+0.0094%	8h	0.4560	−0.600%	$53.1M	$46.7M	300x	as long as short
Binance WLDUSDT	+0.0095%	8h	0.4559	−0.628%	$86.2M	$290.1M	75x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4566	−0.470%	$209K	$977K	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4564	−0.512%	$53K	$473K	5x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4562	−0.556%	$7.5M	$34.1M	75x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4559	−0.622%	$30.2M	$25.0M	75x	as long as short
BingX WLD-USDT	+0.0100%	8h	0.4561	−0.578%	—	$67.9M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4570	−0.384%	$128K	$277K	10x	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4558	−0.643%	$27K	$316K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4566	−0.466%	$618K	$1.9M	10x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4558	−0.646%	$55K	$1.7M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4577	−0.229%	$23K	$1.5M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4571	−0.360%	$197	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4575	−0.273%	$860K	$1.7M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4571	−0.360%	$1.9M	$3.8M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4562	−0.554%	$133K	$745K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4573	−0.317%	$31K	$5K	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4559	−0.619%	—	—	20x	as long as short
BloFin WLD-USDT	+0.0213%	8h	0.4556	−0.687%	$5.0M	$875K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0217% / S −0.0307%	1h	0.4569	−0.406%	$12K	—	100x	as long as short
Hyperliquid WLD	+0.0248%	1h	0.4562	−0.554%	$47.3M	$40.5M	10x	as long as short
Injective WLD/USDC PERP	+0.0374%	1h	0.4622	+0.752%	$6K	$139K	5.5x	as long as short
Coinbase International WLD-PERP-INTX	+0.0400%	1h	0.4574	−0.295%	$275K	$1.6M	50x	as long as short
01 Exchange WLDUSDshort	+0.0648%	1h	0.4565	−0.502%	$327	$77	5x
Lighter WLD	+0.1088%	1h	0.4569	−0.397%	$5.1M	$2.0M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.1090%	1h	0.4575	−0.277%	$920K	$2.5M	50x	as long as short