Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0060%/8h= −6.6% APRpaid last 24h +0.033%

Price spread now: Bitget against 01 Exchange+0.032%7-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 Bitget

What this pair did over the last

the charts below follow

Funding, last 4 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. Bitget is 0.032% dearer against 01 Exchange than usual: you sell high and buy low (spread +0.032% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 43 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange WLDUSD	0.4625	0.0160	pay 0.0020% / 1h	44m 29s	$331	$80	5x
Short	Bitget WLDUSDT	0.4626	0.0100	get 0.0100% / 8h	5h 44m	$30.7M	$29.4M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now +0.032%Rate

Funding earned: −$12.6
Price spread: +0.032% → 0.000%: $3.24
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$28.36
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: 01 Exchange: no order-book sample; Bitget: live order book, 4 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 Bitget live order book, 4 min ago	2.16 bp	9.7 bp −$10	22.7 bp −$227	89.4 bp −$8,938	doesn't fit

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	−0.0143%	8h	0.4624	−0.011%	$58K	$4.5M	1.7x	as long as short
KuCoin WLDUSDTM	−0.0041%	8h	0.4620	−0.097%	$7.1M	$11.6M	50x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4638	+0.285%	$165K	$26K	10x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4625	+0.007%	$55K	—	150x	as long as short
Orderly PERP_WLD_USDC	+0.0071%	8h	0.4624	−0.011%	$28K	$893K	10x	as long as short
Nado WLD-PERP	+0.0072%	1h	0.4627	+0.043%	$268K	$187K	5x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4634	+0.196%	$177K	$1.0M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4635	+0.222%	$51K	$508K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4623	−0.033%	$87.8M	$324.7M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4623	−0.032%	$66.0M	$87.8M	50x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4625	+0.011%	$34.9M	$148.9M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4622	−0.054%	$7.2M	$36.7M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4622	−0.054%	$45.5M	$54.2M	300x	as long as short
Bitget WLDUSDTshort	+0.0100%	8h	0.4626	+0.032%	$30.7M	$29.4M	75x
BingX WLD-USDC	+0.0100%	8h	0.4623	−0.032%	—	$1.3M	—	as long as short
Variational Omni WLD	+0.0100%	8h	0.4628	+0.069%	$2.1M	$1.8M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4611	−0.296%	$27K	$319K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4615	−0.205%	$611K	$1.8M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4615	−0.205%	$51K	$236K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4627	+0.058%	$54K	$2.0M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4646	+0.465%	$23K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4639	+0.314%	$292	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4641	+0.357%	$848K	$1.9M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4641	+0.357%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4625	+0.017%	$214K	$927K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4640	+0.332%	$31K	$600	3x	as long as short
Backpack WLD_USDC_PERP	+0.0128%	1h	0.4644	+0.426%	$138K	$290K	10x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4626	+0.026%	—	—	20x	as long as short
01 Exchange WLDUSDlong	+0.0160%	1h	0.4625	long leg	$331	$80	5x
Phoenix WLD	+0.0172%	1h	0.4626	+0.028%	$5K	$57K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	+0.0181%	1h	0.4640	+0.335%	$120K	$923K	25x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4642	+0.378%	—	$806K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0230% / S −0.1268%	1h	0.4621	−0.086%	$5K	—	100x	as long as short
Lighter WLD	+0.0456%	1h	0.4638	+0.301%	$5.0M	$2.3M	10x	as long as short
Coinbase International WLD-PERP-INTX	+0.0480%	1h	0.4626	+0.032%	$276K	$1.7M	50x	as long as short
Hyperliquid WLD	+0.0539%	1h	0.4632	+0.158%	$51.5M	$42.9M	10x	as long as short
Injective WLD/USDC PERP	+0.0677%	1h	0.4650	+0.551%	$6K	$185K	5.5x	as long as short
Kraken Futures PF_WLDUSD	+0.0892%	1h	0.4641	+0.354%	$904K	$2.9M	50x	as long as short