Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0172%/8h= −18.8% APRpaid last 24h +0.010%

Price spread now: 01 Exchange against Binance+0.083%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Binance Short on 01 Exchange

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

The price spread pays, funding is against you. 01 Exchange is 0.083% dearer against Binance than usual: you sell high and buy low (spread +0.083% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 39 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance WLDUSDT	0.4454	0.0100	pay 0.0100% / 8h	5h 49m	$84.7M	$313.0M	75x
Short	01 Exchange WLDUSD	0.4458	−0.0072	pay 0.0009% / 1h	49m 55s	$319	$55	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange against Binance. 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 BinancebpFee 01 ExchangebpOrdersPrice spread, now +0.083%Rate

Funding earned: −$36.12
Price spread: +0.083% → 0.000%: $8.31
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: −$44.81
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 2 min ago; 01 Exchange: no order-book sample. 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 Binance live order book, 2 min ago	1.12 bp	6.1 bp −$6	13.6 bp −$136	56.1 bp −$5,608	217.1 bp −$108.6K
Sell 01 Exchange no order-book sample	—	—	—	—	—

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 exchanges

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
Deribit WLD_USDC-PERPETUAL	−0.0199%	1h	0.4455	+0.022%	$101K	$1.1M	25x	as long as short
Kraken Futures PF_WLDUSD	−0.0194%	1h	0.4458	+0.088%	$856K	$2.6M	50x	as long as short
Nado WLD-PERP	−0.0146%	1h	0.4454	−0.011%	$234K	$159K	5x	as long as short
Bybit WLDUSDT	−0.0124%	8h	0.4451	−0.067%	$63.6M	$84.9M	50x	as long as short
Polymarket Perps WLD-USD	−0.0116%	1h	0.4450	−0.101%	$48K	$2.6M	10x	as long as short
Gate WLD_USDT	−0.0092%	8h	0.4453	−0.022%	$7.0M	$31.1M	75x	as long as short
01 Exchange WLDUSDshort	−0.0072%	1h	0.4458	+0.083%	$319	$55	5x
Kalshi KXWLDPERP	0.0000%	8h	0.4456	+0.045%	$69K	$4.2M	1.7x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4475	+0.471%	$65K	—	150x	as long as short
Injective WLD/USDC PERP	+0.0007%	1h	0.4477	+0.516%	$6K	$185K	5.5x	as long as short

Show all 38 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX WLD-USD	+0.0012%	1h	0.4457	+0.078%	$152K	$31K	10x	as long as short
Phoenix WLD	+0.0053%	1h	0.4481	+0.599%	$4K	$40K	10x	as long as short
KuCoin WLDUSDTM	+0.0061%	8h	0.4452	−0.045%	$6.6M	$10.4M	50x	as long as short
Variational Omni WLD	+0.0080%	8h	0.4450	−0.082%	$2.0M	$1.4M	—	as long as short
Orderly PERP_WLD_USDC	+0.0089%	8h	0.4453	−0.022%	$27K	$334K	10x	as long as short
Lighter WLD	+0.0096%	1h	0.4459	+0.115%	$4.8M	$3.0M	10x	as long as short
Hyperliquid WLD	+0.0100%	1h	0.4458	+0.085%	$49.1M	$28.8M	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4457	+0.067%	$209K	$884K	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4458	+0.090%	$58K	$498K	5x	as long as short
Binance WLDUSDTlong	+0.0100%	8h	0.4454	long leg	$84.7M	$313.0M	75x
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4451	−0.067%	$33.8M	$140.9M	50x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4454	0.000%	$41.6M	$54.5M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4451	−0.067%	$29.3M	$28.6M	75x	as long as short
BingX WLD-USDC	+0.0100%	8h	0.4452	−0.045%	—	$1.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4455	+0.027%	$129K	$275K	10x	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4473	+0.420%	$27K	$322K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4471	+0.382%	$593K	$2.2M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4474	+0.449%	$59K	$242K	50x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4460	+0.135%	$22K	$1.4M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4454	0.000%	$231	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4453	−0.022%	$817K	$1.2M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4457	+0.067%	$1.7M	$3.6M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4450	−0.089%	$210K	$659K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4457	+0.060%	$30K	$500	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4450	−0.080%	—	—	20x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0218% / S −0.0967%	1h	0.4463	+0.203%	$4K	—	100x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4452	−0.045%	$4.8M	$912K	75x	as long as short
Coinbase International WLD-PERP-INTX	+0.0344%	1h	0.4459	+0.112%	$270K	$972K	50x	as long as short