Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0172%/8h= −18.8% APRpaid last 24h +0.071%

Price spread now: SunX against 01 Exchange−0.032%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 SunX

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 SunX is 0.032% cheaper against 01 Exchange than usual: you would sell low and buy high (−$3 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	0.4631	0.0272	pay 0.0034% / 1h	54m 42s	$331	$77	5x
Short	SunX WLD-USDT	0.4629	0.0100	get 0.0100% / 8h	54m 42s	$23K	$1.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now −0.032%Rate

Funding earned: −$36.12
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 SunX: 4 bp × 2 orders: −$8
Net: −$54.36
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: 01 Exchange: no order-book sample; SunX: live order book, 10 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 SunX live order book, 10 min ago	30.34 bp	48.4 bp −$48	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
Kalshi KXWLDPERP	−0.0250%	8h	0.4617	−0.292%	$50K	$3.8M	1.7x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4630	−0.013%	$165K	$13K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4626	−0.097%	$110K	$881K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4625	−0.114%	$57K	—	150x	as long as short
Orderly PERP_WLD_USDC	+0.0010%	8h	0.4624	−0.140%	$28K	$909K	10x	as long as short
KuCoin WLDUSDTM	+0.0013%	8h	0.4631	+0.011%	$7.1M	$10.8M	50x	as long as short
Nado WLD-PERP	+0.0067%	1h	0.4626	−0.097%	$279K	$169K	5x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4631	+0.016%	$196K	$999K	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4625	−0.119%	$53K	$481K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4630	0.000%	$87.8M	$298.4M	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	0.4630	−0.011%	$66.3M	$82.3M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4628	−0.054%	$34.6M	$143.3M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4631	+0.011%	$7.5M	$35.2M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4632	+0.032%	$49.9M	$51.4M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4632	+0.032%	$30.6M	$25.6M	75x	as long as short
BingX WLD-USDT	+0.0100%	8h	0.4629	−0.032%	—	$67.9M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4628	−0.045%	$131K	$269K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4623	−0.165%	$2.1M	$1.6M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4618	−0.272%	$27K	$315K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4625	−0.119%	$621K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4624	−0.140%	$56K	$228K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4628	−0.045%	$42K	$1.6M	10x	as long as short
SunX WLD-USDTshort	+0.0100%	8h	0.4629	−0.032%	$23K	$1.5M	50x
SoDEX WLD-USD	+0.0100%	1h	0.4624	−0.140%	$205	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4617	−0.292%	$871K	$1.8M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4625	−0.119%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4632	+0.024%	$237K	$860K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4626	−0.097%	$31K	$5K	3x	as long as short
Phoenix WLD	+0.0124%	1h	0.4617	−0.300%	$5K	$53K	10x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4624	−0.143%	—	—	20x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4625	−0.119%	$4.9M	$824K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0261% / S −0.2221%	1h	0.4624	−0.140%	$9K	—	100x	as long as short
01 Exchange WLDUSDlong	+0.0272%	1h	0.4631	long leg	$331	$77	5x
Injective WLD/USDC PERP	+0.0373%	1h	0.4612	−0.400%	$6K	$185K	5.5x	as long as short
Coinbase International WLD-PERP-INTX	+0.0440%	1h	0.4618	−0.270%	$274K	$1.6M	50x	as long as short
Hyperliquid WLD	+0.0654%	1h	0.4637	+0.149%	$50.4M	$42.8M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.0710%	1h	0.4629	−0.033%	$923K	$2.6M	50x	as long as short
Lighter WLD	+0.1568%	1h	0.4644	+0.289%	$5.3M	$2.0M	10x	as long as short