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% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Bitget against BingX−0.022%7-day average −0.023% · you buy dearer than you sell

Net, funding: paid 7d − costs−$53as in the Funding arb table

Net, price: spread back to 7d avg − costs−$50as in the Price arb table

costs, in and out, $10k−$500.502% of the position

Long on BingX Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.028%−$3 on $10k

Price spread, last 7 days0.000%$0 · spread now −0.022%, 7d avg −0.023%

Together, before fees−0.028%−$3 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX WLD-USDC	0.4630	0.0100	pay 0.0100% / 8h	49m 37s	—	$1.3M	—
Short	Bitget WLDUSDT	0.4629	0.0100	get 0.0100% / 8h	49m 37s	$30.6M	$25.7M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against BingX. 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 BingXbpFee BitgetbpOrdersPrice spread, now −0.022%Rate

Funding earned: $0
Price spread: −0.022% → −0.023%: $0.13
Slippage, 4 orders: −$28.22
Fee BingX: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$50.09
Costs to cover: 0.502%
Break-even: never at this rate

Slippage from BingX: live order book, 6 min ago; Bitget: 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 BingX live order book, 6 min ago	2.16 bp	15.2 bp −$15	40.9 bp −$409	384.8 bp −$38.5K	746.0 bp −$373.0K
Sell Bitget live order book, 4 min ago	1.08 bp	12.0 bp −$12	14.5 bp −$145	40.2 bp −$4,019	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	−0.0239%	8h	0.4620	−0.216%	$42K	$3.8M	1.7x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4627	−0.068%	$165K	$13K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4623	−0.151%	$109K	$881K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4623	−0.148%	$57K	—	150x	as long as short
Orderly PERP_WLD_USDC	+0.0011%	8h	0.4623	−0.151%	$28K	$909K	10x	as long as short
KuCoin WLDUSDTM	+0.0017%	8h	0.4627	−0.065%	$7.1M	$10.9M	50x	as long as short
Nado WLD-PERP	+0.0075%	1h	0.4627	−0.054%	$279K	$169K	5x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4627	−0.055%	$196K	$1.0M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4630	0.000%	$53K	$483K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4630	0.000%	$87.8M	$298.8M	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	0.4629	−0.022%	$66.3M	$82.3M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4631	+0.022%	$34.5M	$143.5M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4628	−0.043%	$7.5M	$35.2M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4629	−0.022%	$50.4M	$51.7M	300x	as long as short
Bitget WLDUSDTshort	+0.0100%	8h	0.4629	−0.022%	$30.6M	$25.7M	75x
BingX WLD-USDClong	+0.0100%	8h	0.4630	long leg	—	$1.3M	—
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4622	−0.168%	$130K	$269K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4627	−0.066%	$2.1M	$1.6M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4630	−0.005%	$27K	$316K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4636	+0.130%	$626K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4627	−0.065%	$56K	$228K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4631	+0.028%	$43K	$1.6M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4628	−0.043%	$23K	$1.5M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4621	−0.194%	$206	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4624	−0.130%	$873K	$1.8M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4620	−0.216%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4631	+0.014%	$237K	$859K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4625	−0.108%	$31K	$5K	3x	as long as short
Phoenix WLD	+0.0104%	1h	0.4632	+0.054%	$5K	$53K	10x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4625	−0.110%	—	—	20x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4639	+0.194%	$4.9M	$831K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0261% / S −0.2221%	1h	0.4623	−0.143%	$9K	—	100x	as long as short
01 Exchange WLDUSD	+0.0296%	1h	0.4634	+0.095%	$332	$77	5x	as long as short
Injective WLD/USDC PERP	+0.0373%	1h	0.4612	−0.389%	$6K	$185K	5.5x	as long as short
Coinbase International WLD-PERP-INTX	+0.0440%	1h	0.4630	0.000%	$275K	$1.7M	50x	as long as short
Hyperliquid WLD	+0.0646%	1h	0.4636	+0.138%	$50.5M	$42.9M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.0711%	1h	0.4623	−0.159%	$920K	$2.6M	50x	as long as short
Lighter WLD	+0.1736%	1h	0.4642	+0.266%	$5.3M	$2.0M	10x	as long as short