Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0120%/8h= +13.1% APRpaid last 24h +0.022%

Price spread now: BloFin against ApeX Omni−0.044%7-day average −0.033% · you buy dearer than you sell

Net, funding: paid 7d − costs−$44as in the Funding arb table

Net, price: spread back to 7d avg − costs−$60as in the Price arb table

costs, in and out, $10k−$590.589% of the position

Long on ApeX Omni Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.146%+$15 on $10k

Price spread, last 4 days (all we have)+0.244%+$24 · spread now −0.044%, 7d avg −0.033%

Together, before fees+0.390%+$39 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.033%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni WLDUSDT	0.4541	0.0100	pay 0.0013% / 1h	19m 09s	$48K	$239K	50x
Short	BloFin WLD-USDT	0.4539	0.0220	get 0.0220% / 8h	1h 19m	$4.8M	$919K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now −0.044%Rate

Funding earned: $25.2
Price spread: −0.044% → −0.033%: −$1.12
Slippage, 4 orders: −$36.91
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$34.84
Costs to cover: 0.589%
Break-even: 16.7 days

Slippage from ApeX Omni: live order book, 22 min ago; BloFin: live order book, 4 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, 22 min ago	8.82 bp	17.5 bp −$18	99.3 bp −$993	doesn't fit	doesn't fit
Sell BloFin live order book, 4 min ago	2.20 bp	11.8 bp −$12	17.3 bp −$173	40.0 bp −$3,996	113.0 bp −$56.5K

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	−0.0003%	1h	0.4540	−0.022%	$239K	$169K	5x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4538	−0.064%	$155K	$33K	10x	as long as short
Kalshi KXWLDPERP	0.0000%	8h	0.4540	−0.022%	$49K	$4.7M	1.7x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4539	−0.044%	$151K	$956K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4541	−0.001%	$66K	—	150x	as long as short
KuCoin WLDUSDTM	+0.0096%	8h	0.4538	−0.066%	$6.7M	$11.8M	50x	as long as short
Orderly PERP_WLD_USDC	+0.0099%	8h	0.4537	−0.088%	$27K	$762K	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4542	+0.014%	$227K	$1.1M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4539	−0.035%	$49K	$538K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4538	−0.066%	$86.5M	$336.9M	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	0.4536	−0.110%	$64.6M	$90.5M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4536	−0.110%	$34.3M	$153.5M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4537	−0.088%	$7.1M	$36.4M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4538	−0.066%	$40.0M	$57.6M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4536	−0.110%	$29.9M	$31.2M	75x	as long as short
BingX WLD-USDC	+0.0100%	8h	0.4537	−0.088%	—	$1.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4539	−0.042%	$135K	$296K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4537	−0.095%	$2.1M	$1.6M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4546	+0.115%	$27K	$320K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4547	+0.123%	$608K	$2.1M	10x	as long as short
ApeX Omni WLDUSDTlong	+0.0100%	1h	0.4541	long leg	$48K	$239K	50x
Polymarket Perps WLD-USD	+0.0100%	1h	0.4538	−0.064%	$47K	$2.6M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4543	+0.044%	$23K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4538	−0.066%	$217	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4537	−0.088%	$830K	$1.6M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4538	−0.066%	$1.8M	$3.6M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4534	−0.146%	$210K	$1.0M	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4537	−0.081%	$31K	$500	3x	as long as short
Lighter WLD	+0.0120%	1h	0.4545	+0.077%	$4.9M	$2.9M	10x	as long as short
Injective WLD/USDC PERP	+0.0132%	1h	0.4581	+0.881%	$6K	$185K	5.5x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4537	−0.093%	—	—	20x	as long as short
01 Exchange WLDUSD	+0.0152%	1h	0.4544	+0.070%	$325	$55	5x	as long as short
Phoenix WLD	+0.0158%	1h	0.4548	+0.148%	$5K	$44K	10x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0219% / S −0.0967%	1h	0.4538	−0.074%	$4K	—	100x	as long as short
BloFin WLD-USDTshort	+0.0220%	8h	0.4539	−0.044%	$4.8M	$919K	75x
Coinbase International WLD-PERP-INTX	+0.0488%	1h	0.4545	+0.088%	$274K	$1.6M	50x	as long as short
Hyperliquid WLD	+0.0552%	1h	0.4544	+0.064%	$49.9M	$44.0M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.1043%	1h	0.4538	−0.061%	$871K	$2.9M	50x	as long as short