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

WLD

all WLD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0062%/8h= −6.8% APRpaid last 24h +0.025%
Price spread now: Injective against BingX−1.373%57s7-day average +0.193% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.062%−$6 on $10k
Price spread, last 3 days (all we have)+1.577%+$158 · spread now −1.373%, 7d avg +0.193%
Together, before fees+1.516%+$152 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 1.566% cheaper against BingX than usual: you would sell low and buy high (−$157 if the spread goes back to its 7-day average of +0.193%). Swap the legs. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX WLD-USDC0.46610.0100pay 0.0100% / 8h7h 36m$1.3M
ShortInjective WLD/USDC PERP0.45970.0038get 0.0005% / 1h36m 21s$6K$185K5.5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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

Funding earned
−$13.08
Price spread: −1.373% → +0.193%
−$156.64
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$179.74
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: BingX: live order book, 5 min ago; Injective: live order book, 3 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 5 min ago2.16 bp13.1 bp −$1334.5 bp −$345420.8 bp −$42.1K737.3 bp −$368.6K
Sell Injective live order book, 3 min ago71.71 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

WLD on 38 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kalshi KXWLDPERP−0.0186%8h0.4639−0.472%$51K$3.9M1.7xas long as short
Nado WLD-PERP−0.0032%1h0.4657−0.086%$280K$169K5xas long as short
KuCoin WLDUSDTM−0.0013%8h0.4653−0.172%$7.1M$11.1M50xas long as short
dYdX WLD-USD0.0000%1h0.4649−0.252%$166K$13K10xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4660−0.019%$57K150xas long as short
Injective WLD/USDC PERPshort+0.0038%1h0.4597−1.373%$6K$185K5.5x
Orderly PERP_WLD_USDC+0.0042%8h0.4662+0.021%$28K$903K10xas long as short
Aster WLDUSDT+0.0100%8h0.4653−0.177%$194K$984K50xas long as short
Pacifica WLD+0.0100%1h0.4651−0.208%$54K$482K5xas long as short
Binance WLDUSDT+0.0100%8h0.4660−0.031%$88.2M$304.3M75xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit WLDUSDT+0.0100%8h0.4663+0.043%$67.1M$82.4M50xas long as short
OKX WLD-USDT-SWAP+0.0100%8h0.4662+0.021%$35.0M$145.7M50xas long as short
Gate WLD_USDT+0.0100%8h0.4659−0.043%$7.6M$35.3M75xas long as short
MEXC WLD_USDT+0.0100%8h0.4659−0.043%$47.7M$53.5M300xas long as short
Bitget WLDUSDT+0.0100%8h0.4658−0.064%$30.9M$26.2M75xas long as short
BingX WLD-USDClong+0.0100%8h0.4661long leg$1.3M
Backpack WLD_USDC_PERP+0.0100%1h0.4650−0.232%$138K$280K10xas long as short
Variational Omni WLD+0.0100%8h0.4618−0.927%$2.1M$1.7Mas long as short
edgeX WLDUSDC+0.0100%4h0.4627−0.739%$27K$316K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4630−0.665%$612K$1.9M10xas long as short
ApeX Omni WLDUSDT+0.0100%1h0.4625−0.772%$55K$229K50xas long as short
Polymarket Perps WLD-USD+0.0100%1h0.4659−0.049%$56K$1.6M10xas long as short
SunX WLD-USDT+0.0100%8h0.4649−0.257%$23K$1.5M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4645−0.343%$216$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4641−0.429%$864K$1.8M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4643−0.386%$1.8M$3.7M50xas long as short
Extended WLD-USD+0.0104%1h0.4651−0.209%$235K$847K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4645−0.352%$32K$6003xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4658−0.069%20xas long as short
Phoenix WLD+0.0157%1h0.4629−0.684%$5K$53K10xas long as short
Deribit WLD_USDC-PERPETUAL+0.0181%1h0.4646−0.322%$133K$871K25xas long as short
BloFin WLD-USDT+0.0220%8h0.4643−0.386%$4.9M$834K75xas long as short
GMX WLD/USD [ETH-USDC]L +0.0234% / S −0.1403%1h0.4660−0.017%$6K100xas long as short
01 Exchange WLDUSD+0.0248%1h0.4658−0.060%$333$775xas long as short
Kraken Futures PF_WLDUSD+0.0324%1h0.4649−0.253%$916K$2.7M50xas long as short
Coinbase International WLD-PERP-INTX+0.0448%1h0.4641−0.429%$276K$1.7M50xas long as short
Hyperliquid WLD+0.0744%1h0.4666+0.107%$51.9M$43.4M10xas long as short
Lighter WLD+0.0920%1h0.4659−0.036%$5.3M$2.0M10xas long as short