Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.005%

Price spread now: Bitget against ApeX Omni−0.393%83s7-day average −0.106% · you buy dearer than you sell

Net, funding: paid 7d − costs−$58as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$540.538% of the position

Long on ApeX Omni Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.039%−$4 on $10k

Price spread, last 3 days (all we have)+0.171%+$17 · spread now −0.393%, 7d avg −0.106%

Together, before fees+0.132%+$13 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.286% cheaper against ApeX Omni than usual: you would sell low and buy high, −$29 on $10k if it goes back to its 7-day average of −0.106%. The two prices were read 83 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	ApeX Omni WLDUSDT	0.4583	0.0100	pay 0.0013% / 1h	26m 03s	$55K	$228K	50x
Short	Bitget WLDUSDT	0.4565	0.0100	get 0.0100% / 8h	26m 03s	$30.1M	$25.9M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against ApeX Omni. 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 ApeX OmnibpFee BitgetbpOrdersPrice spread, now −0.393%Rate

Funding earned: $0
Price spread: −0.393% → −0.106%: −$28.63
Slippage, 4 orders: −$31.8
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$82.44
Costs to cover: 0.538%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 50 min ago; Bitget: live order book, 3 min ago.

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 ApeX Omni live order book, 50 min ago	7.66 bp	15.5 bp −$15	97.7 bp −$977	doesn't fit	doesn't fit
Sell Bitget live order book, 3 min ago	1.09 bp	11.8 bp −$12	21.4 bp −$214	37.1 bp −$3,709	doesn't fit

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	−0.0198%	8h	0.4574	−0.196%	$63K	$3.9M	1.7x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4577	−0.121%	$163K	$13K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4570	−0.284%	$112K	$885K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4569	−0.301%	$56K	—	150x	as long as short
KuCoin WLDUSDTM	+0.0011%	8h	0.4565	−0.393%	$6.9M	$11.0M	50x	as long as short
Orderly PERP_WLD_USDC	+0.0030%	8h	0.4569	−0.305%	$28K	$908K	10x	as long as short
Nado WLD-PERP	+0.0046%	1h	0.4572	−0.251%	$275K	$169K	5x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4570	−0.282%	$191K	$1.0M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4577	−0.133%	$53K	$483K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4563	−0.436%	$86.1M	$301.6M	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	0.4563	−0.436%	$65.3M	$82.7M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4561	−0.480%	$34.0M	$142.3M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4566	−0.371%	$7.4M	$35.7M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4568	−0.327%	$45.6M	$53.0M	300x	as long as short
Bitget WLDUSDTshort	+0.0100%	8h	0.4565	−0.393%	$30.1M	$25.9M	75x
BingX WLD-USDC	+0.0100%	8h	0.4567	−0.349%	—	$1.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4568	−0.332%	$129K	$272K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4574	−0.197%	$2.0M	$1.7M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4580	−0.071%	$27K	$315K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4588	+0.101%	$619K	$1.9M	10x	as long as short
ApeX Omni WLDUSDTlong	+0.0100%	1h	0.4583	long leg	$55K	$228K	50x
Polymarket Perps WLD-USD	+0.0100%	1h	0.4572	−0.231%	$45K	$1.6M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4574	−0.196%	$23K	$1.5M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4568	−0.327%	$207	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4567	−0.349%	$850K	$1.8M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4570	−0.284%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4567	−0.356%	$233K	$845K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4570	−0.285%	$31K	$5K	3x	as long as short
Phoenix WLD	+0.0104%	1h	0.4587	+0.076%	$5K	$53K	10x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4569	−0.296%	—	—	20x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4585	+0.044%	$4.9M	$825K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0229% / S −0.1268%	1h	0.4568	−0.319%	$5K	—	100x	as long as short
01 Exchange WLDUSD	+0.0264%	1h	0.4573	−0.214%	$327	$77	5x	as long as short
Injective WLD/USDC PERP	+0.0373%	1h	0.4592	+0.196%	$6K	$185K	5.5x	as long as short
Coinbase International WLD-PERP-INTX	+0.0440%	1h	0.4577	−0.131%	$270K	$1.6M	50x	as long as short
Hyperliquid WLD	+0.0480%	1h	0.4573	−0.216%	$49.5M	$43.1M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.0719%	1h	0.4571	−0.260%	$903K	$2.7M	50x	as long as short
Lighter WLD	+0.1416%	1h	0.4578	−0.116%	$5.2M	$2.0M	10x	as long as short