Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0036%/8h= −3.9% APRpaid last 24h +0.014%

Price spread now: HTX against 01 Exchange−0.339%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 HTX

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

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and HTX is 0.339% cheaper against 01 Exchange than usual: you would sell low and buy high (−$34 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	0.4541	0.0136	pay 0.0017% / 1h	6m 18s	$325	$55	5x
Short	HTX WLD-USDT	0.4526	0.0100	get 0.0100% / 8h	1h 06m	$828K	$1.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now −0.339%Rate

Funding earned: −$7.56
Price spread: −0.339% → 0.000%: −$33.91
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee HTX: 6 bp × 2 orders: −$12
Net: −$60.47
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: 01 Exchange: no order-book sample; HTX: 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 01 Exchange no order-book sample	—	—	—	—	—
Sell HTX live order book, 2 min ago	12.15 bp	40.6 bp −$41	doesn't fit	doesn't fit	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
Nado WLD-PERP	−0.0021%	1h	0.4534	−0.152%	$239K	$169K	5x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4537	−0.104%	$155K	$32K	10x	as long as short
Kalshi KXWLDPERP	0.0000%	8h	0.4529	−0.273%	$51K	$4.7M	1.7x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4537	−0.103%	$66K	—	150x	as long as short
Orderly PERP_WLD_USDC	+0.0098%	8h	0.4536	−0.119%	$27K	$754K	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4536	−0.118%	$227K	$1.1M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4538	−0.081%	$49K	$537K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4536	−0.108%	$86.5M	$334.9M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4536	−0.119%	$64.7M	$89.4M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4533	−0.185%	$34.3M	$152.2M	50x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate WLD_USDT	+0.0100%	8h	0.4536	−0.119%	$7.1M	$36.4M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4538	−0.075%	$40.2M	$57.7M	300x	as long as short
KuCoin WLDUSDTM	+0.0100%	8h	0.4537	−0.097%	$6.7M	$11.7M	50x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4535	−0.141%	$30.0M	$30.9M	75x	as long as short
BingX WLD-USDC	+0.0100%	8h	0.4534	−0.163%	—	$1.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4540	−0.040%	$135K	$292K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4526	−0.347%	$2.1M	$1.6M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4525	−0.351%	$27K	$320K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4530	−0.250%	$597K	$2.1M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4529	−0.273%	$48K	$238K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4540	−0.037%	$47K	$2.6M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4542	+0.013%	$23K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4535	−0.141%	$215	$5K	10x	as long as short
HTX WLD-USDTshort	+0.0100%	8h	0.4526	−0.339%	$828K	$1.6M	50x
Phemex WLDUSDT	+0.0100%	8h	0.4537	−0.097%	$1.8M	$3.6M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4531	−0.224%	$208K	$1.0M	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4534	−0.154%	$31K	$500	3x	as long as short
Lighter WLD	+0.0128%	1h	0.4541	−0.013%	$4.9M	$2.9M	10x	as long as short
Injective WLD/USDC PERP	+0.0132%	1h	0.4581	+0.872%	$6K	$185K	5.5x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4537	−0.102%	—	—	20x	as long as short
01 Exchange WLDUSDlong	+0.0136%	1h	0.4541	long leg	$325	$55	5x
Phoenix WLD	+0.0158%	1h	0.4529	−0.266%	$5K	$44K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	+0.0191%	1h	0.4539	−0.053%	$151K	$954K	25x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0219% / S −0.0967%	1h	0.4536	−0.113%	$4K	—	100x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4541	−0.009%	$4.8M	$916K	75x	as long as short
Coinbase International WLD-PERP-INTX	+0.0488%	1h	0.4539	−0.053%	$274K	$1.6M	50x	as long as short
Hyperliquid WLD	+0.0504%	1h	0.4545	+0.070%	$49.9M	$43.7M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.1044%	1h	0.4536	−0.123%	$876K	$2.8M	50x	as long as short