Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0156%/8h= −17.1% APRpaid last 24h +0.041%

Price spread now: Gate against 01 Exchange−0.198%7-day average — · you buy dearer than you sell

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

Long on 01 Exchange Short on Gate

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

Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Gate is 0.198% cheaper against 01 Exchange than usual: you would sell low and buy high (−$20 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange WLDUSD	0.4596	0.0256	pay 0.0032% / 1h	10m 18s	$329	$77	5x
Short	Gate WLD_USDT	0.4587	0.0100	get 0.0100% / 8h	10m 18s	$7.5M	$36.0M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.198%Rate

Funding earned: −$32.76
Price spread: −0.198% → 0.000%: −$19.8
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$74.56
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: 01 Exchange: no order-book sample; Gate: live order book, 3 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 Gate live order book, 3 min ago	3.27 bp	15.0 bp −$15	30.5 bp −$305	45.0 bp −$4,501	129.4 bp −$64.7K

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	−0.0188%	8h	0.4588	−0.176%	$65K	$3.9M	1.7x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4589	−0.148%	$164K	$13K	10x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4587	−0.193%	$56K	—	150x	as long as short
KuCoin WLDUSDTM	+0.0008%	8h	0.4588	−0.176%	$7.0M	$11.0M	50x	as long as short
Nado WLD-PERP	+0.0034%	1h	0.4587	−0.187%	$276K	$169K	5x	as long as short
Orderly PERP_WLD_USDC	+0.0034%	8h	0.4587	−0.198%	$28K	$906K	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4588	−0.186%	$192K	$1.0M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4590	−0.128%	$53K	$483K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4587	−0.189%	$86.7M	$303.5M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4587	−0.198%	$65.9M	$82.9M	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	0.4586	−0.220%	$34.3M	$143.8M	50x	as long as short
Gate WLD_USDTshort	+0.0100%	8h	0.4587	−0.198%	$7.5M	$36.0M	75x
MEXC WLD_USDT	+0.0100%	8h	0.4589	−0.154%	$45.9M	$53.3M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4587	−0.198%	$30.3M	$26.1M	75x	as long as short
BingX WLD-USDT	+0.0100%	8h	0.4587	−0.198%	—	$67.1M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4579	−0.376%	$136K	$283K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4578	−0.397%	$2.0M	$1.7M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4587	−0.189%	$27K	$315K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4581	−0.330%	$605K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4588	−0.176%	$55K	$229K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4594	−0.046%	$48K	$1.6M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4597	+0.020%	$23K	$1.5M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4587	−0.198%	$215	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4586	−0.220%	$853K	$1.8M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4583	−0.285%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4585	−0.239%	$233K	$845K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4588	−0.180%	$31K	$5K	3x	as long as short
Phoenix WLD	+0.0104%	1h	0.4602	+0.137%	$5K	$53K	10x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4587	−0.191%	—	—	20x	as long as short
Deribit WLD_USDC-PERPETUAL	+0.0186%	1h	0.4589	−0.154%	$123K	$897K	25x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4579	−0.372%	$4.8M	$822K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0229% / S −0.1268%	1h	0.4587	−0.209%	$5K	—	100x	as long as short
01 Exchange WLDUSDlong	+0.0256%	1h	0.4596	long leg	$329	$77	5x
Injective WLD/USDC PERP	+0.0373%	1h	0.4585	−0.242%	$6K	$185K	5.5x	as long as short
Coinbase International WLD-PERP-INTX	+0.0440%	1h	0.4591	−0.111%	$272K	$1.6M	50x	as long as short
Hyperliquid WLD	+0.0474%	1h	0.4597	+0.026%	$51.0M	$43.9M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.0717%	1h	0.4589	−0.157%	$904K	$2.7M	50x	as long as short
Lighter WLD	+0.1296%	1h	0.4597	+0.009%	$5.2M	$2.0M	10x	as long as short