Settings8H · net · $10k
Funding arb · Price arb /

WLD

all WLD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC−0.0299%/8h= −32.7% APRnext payment $0.37 per $10,000 · paid last 24h −0.030%
Price spread now: Deribit against ApeX Omni0.000%46s7-day average −0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$66as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$470.475% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.183%−$18 on $10k
Price spread, last 4 days (all we have)+0.277%+$28 · spread now 0.000%, 7d avg −0.007%
Together, before fees+0.095%+$9 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.007%, so right now this pair is about funding alone: −$9 a day on $10k at the current rate. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.183% in total (about -9.5% a year). A funding rate is set anew for every payment; at this rate the next one is about $0.37 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni WLDUSDT0.44550.0100pay 0.0013% / 1h49m 23s$59K$242K50x
ShortDeribit WLD_USDC-PERPETUAL0.4455−0.0199pay 0.0025% / 1h49m 23s$101K$1.1M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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

Funding earned
−$62.72
Price spread: 0.000% → −0.007%
$0.72
Slippage, 4 orders
−$30.48
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$109.49
Costs to cover
0.475%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 60 min ago; Deribit: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 60 min ago6.71 bp14.2 bp −$14100.6 bp −$1,006doesn't fitdoesn't fit
Sell Deribit live order book, 3 min ago5.62 bp9.1 bp −$923.6 bp −$236doesn't fitdoesn't fit

WLD on 38 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit WLD_USDC-PERPETUALshort−0.0199%1h0.44550.000%$101K$1.1M25x
Kraken Futures PF_WLDUSD−0.0194%1h0.4458+0.065%$856K$2.6M50xas long as short
Nado WLD-PERP−0.0140%1h0.4456+0.034%$234K$159K5xas long as short
Bybit WLDUSDT−0.0133%8h0.4452−0.067%$63.6M$84.9M50xas long as short
Polymarket Perps WLD-USD−0.0101%1h0.4449−0.146%$48K$2.6M10xas long as short
Gate WLD_USDT−0.0093%8h0.4454−0.022%$7.0M$31.1M75xas long as short
01 Exchange WLDUSD−0.0072%1h0.4460+0.110%$319$555xas long as short
Kalshi KXWLDPERP0.0000%8h0.4456+0.022%$69K$4.2M1.7xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4475+0.448%$65K150xas long as short
Injective WLD/USDC PERP+0.0007%1h0.4477+0.494%$6K$185K5.5xas long as short
Show all 38 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX WLD-USD+0.0010%1h0.4459+0.093%$152K$31K10xas long as short
Phoenix WLD+0.0053%1h0.4456+0.034%$4K$40K10xas long as short
KuCoin WLDUSDTM+0.0060%8h0.4457+0.045%$6.6M$10.4M50xas long as short
Variational Omni WLD+0.0080%8h0.4450−0.104%$2.0M$1.4Mas long as short
Orderly PERP_WLD_USDC+0.0088%8h0.4454−0.022%$27K$334K10xas long as short
Lighter WLD+0.0096%1h0.4460+0.108%$4.8M$3.0M10xas long as short
Hyperliquid WLD+0.0100%1h0.4460+0.121%$49.3M$28.9M10xas long as short
Aster WLDUSDT+0.0100%8h0.4457+0.053%$209K$884K50xas long as short
Pacifica WLD+0.0100%1h0.4456+0.022%$58K$501K5xas long as short
Binance WLDUSDT+0.0100%8h0.44550.000%$84.7M$312.9M75xas long as short
OKX WLD-USDT-SWAP+0.0100%8h0.4453−0.045%$33.8M$140.8M50xas long as short
MEXC WLD_USDT+0.0100%8h0.4457+0.045%$41.7M$54.5M300xas long as short
Bitget WLDUSDT+0.0100%8h0.4453−0.045%$29.3M$28.6M75xas long as short
BingX WLD-USDT+0.0100%8h0.44550.000%$55.4Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4455+0.004%$129K$275K10xas long as short
edgeX WLDUSDC+0.0100%4h0.4454−0.017%$27K$322K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4471+0.359%$593K$2.2M10xas long as short
ApeX Omni WLDUSDTlong+0.0100%1h0.4455long leg$59K$242K50x
SunX WLD-USDT+0.0100%8h0.4460+0.112%$22K$1.4M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4454−0.022%$231$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4453−0.045%$817K$1.2M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4457+0.045%$1.7M$3.6M50xas long as short
Extended WLD-USD+0.0104%1h0.4455+0.001%$210K$659K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4457+0.038%$30K$5003xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4450−0.103%20xas long as short
GMX WLD/USD [ETH-USDC]L +0.0218% / S −0.0967%1h0.4463+0.181%$4K100xas long as short
BloFin WLD-USDT+0.0220%8h0.4452−0.067%$4.8M$912K75xas long as short
Coinbase International WLD-PERP-INTX+0.0344%1h0.4459+0.090%$270K$972K50xas long as short