Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0180%/8h= −19.7% APRpaid last 24h +0.058%

Price spread now: BingX against 01 Exchange+0.186%58s7-day average — · you sell dearer than you buy

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

Long on 01 Exchange Short on BingX

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 pays, funding is against you. BingX is 0.186% dearer against 01 Exchange than usual: you sell high and buy low (spread +0.186% now, against zero (this spread has no 7-day history yet)): +$19 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 3.4 days. The two prices were read 58 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	01 Exchange WLDUSD	0.4581	0.0280	pay 0.0035% / 1h	31m 35s	$328	$77	5x
Short	BingX WLD-USDT	0.4589	0.0100	get 0.0100% / 8h	31m 35s	—	$67.1M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against 01 Exchange. 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 01 ExchangebpFee BingXbpOrdersPrice spread, now +0.186%Rate

Funding earned: −$37.8
Price spread: +0.186% → 0.000%: $18.56
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee BingX: 5 bp × 2 orders: −$10
Net: −$36.24
Costs to cover: 0.170%
Break-even: from the start

Slippage unknown: 01 Exchange: no order-book sample; BingX: live order book, 7 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 01 Exchange no order-book sample	—	—	—	—	—
Sell BingX live order book, 7 min ago	2.18 bp	7.4 bp −$7	12.4 bp −$124	26.3 bp −$2,631	96.9 bp −$48.4K

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	−0.0210%	8h	0.4578	−0.055%	$63K	$3.9M	1.7x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4586	+0.125%	$164K	$13K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4580	−0.011%	$111K	$883K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4579	−0.027%	$56K	—	150x	as long as short
KuCoin WLDUSDTM	+0.0015%	8h	0.4575	−0.120%	$6.9M	$10.9M	50x	as long as short
Orderly PERP_WLD_USDC	+0.0027%	8h	0.4578	−0.055%	$28K	$909K	10x	as long as short
Nado WLD-PERP	+0.0056%	1h	0.4576	−0.087%	$276K	$169K	5x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4579	−0.038%	$189K	$1.0M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4586	+0.122%	$53K	$483K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4587	+0.139%	$86.5M	$301.3M	75x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit WLDUSDT	+0.0100%	8h	0.4588	+0.164%	$65.7M	$82.7M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4589	+0.186%	$34.2M	$143.1M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4588	+0.164%	$7.5M	$35.6M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4589	+0.186%	$45.5M	$52.9M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4588	+0.164%	$30.3M	$25.9M	75x	as long as short
BingX WLD-USDTshort	+0.0100%	8h	0.4589	+0.186%	—	$67.1M	—
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4580	−0.020%	$129K	$272K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4579	−0.033%	$2.1M	$1.6M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4583	+0.054%	$27K	$316K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4584	+0.070%	$618K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4583	+0.055%	$55K	$227K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4579	−0.028%	$45K	$1.6M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4583	+0.055%	$23K	$1.5M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4578	−0.055%	$213	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4575	−0.120%	$852K	$1.8M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4579	−0.033%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4588	+0.168%	$234K	$845K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4580	−0.016%	$31K	$5K	3x	as long as short
Phoenix WLD	+0.0104%	1h	0.4590	+0.207%	$5K	$53K	10x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4576	−0.099%	—	—	20x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4580	−0.011%	$4.9M	$823K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0229% / S −0.1268%	1h	0.4579	−0.034%	$5K	—	100x	as long as short
01 Exchange WLDUSDlong	+0.0280%	1h	0.4581	long leg	$328	$77	5x
Injective WLD/USDC PERP	+0.0373%	1h	0.4592	+0.251%	$6K	$185K	5.5x	as long as short
Coinbase International WLD-PERP-INTX	+0.0440%	1h	0.4583	+0.055%	$271K	$1.6M	50x	as long as short
Hyperliquid WLD	+0.0511%	1h	0.4584	+0.072%	$49.7M	$43.0M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.0718%	1h	0.4581	+0.007%	$905K	$2.7M	50x	as long as short
Lighter WLD	+0.1464%	1h	0.4598	+0.376%	$5.2M	$2.0M	10x	as long as short