Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.005%

Price spread now: HTX against Bitget−0.066%7-day average −0.113% · you buy dearer than you sell

Net, funding: paid 7d − costs−$131as in the Funding arb table

Net, price: spread back to 7d avg − costs−$125as in the Price arb table

costs, in and out, $10k−$1301.298% of the position

Long on Bitget Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.010%−$1 on $10k

Price spread, last 4 days (all we have)−0.065%−$7 · spread now −0.066%, 7d avg −0.113%

Together, before fees−0.075%−$7 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.046% dearer against Bitget than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.113%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget WLDUSDT	0.4526	0.0100	pay 0.0100% / 8h	1h 00m	$29.9M	$30.8M	75x
Short	HTX WLD-USDT	0.4523	0.0100	get 0.0100% / 8h	1h 00m	$827K	$1.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against Bitget. 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 BitgetbpFee HTXbpOrdersPrice spread, now −0.066%Rate

Funding earned: $0
Price spread: −0.066% → −0.113%: $4.63
Slippage, 4 orders: −$105.77
Fee Bitget: 6 bp × 2 orders: −$12
Fee HTX: 6 bp × 2 orders: −$12
Net: −$125.14
Costs to cover: 1.298%
Break-even: never at this rate

Slippage from Bitget: live order book, 3 min ago; HTX: live order book, 3 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 Bitget live order book, 3 min ago	2.21 bp	9.3 bp −$9	20.3 bp −$203	68.0 bp −$6,797	doesn't fit
Sell HTX live order book, 3 min ago	18.76 bp	46.5 bp −$46	doesn't fit	doesn't fit	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
Nado WLD-PERP	−0.0020%	1h	0.4526	−0.011%	$236K	$170K	5x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4525	−0.029%	$154K	$32K	10x	as long as short
Kalshi KXWLDPERP	0.0000%	8h	0.4525	−0.022%	$57K	$4.7M	1.7x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4526	0.000%	$150K	$954K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4526	−0.005%	$65K	—	150x	as long as short
Orderly PERP_WLD_USDC	+0.0098%	8h	0.4526	0.000%	$27K	$736K	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4525	−0.021%	$226K	$1.1M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4523	−0.056%	$49K	$537K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4522	−0.085%	$86.3M	$334.6M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4525	−0.022%	$64.5M	$89.3M	50x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4527	+0.022%	$34.2M	$151.9M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4526	0.000%	$7.1M	$36.4M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4525	−0.022%	$40.1M	$57.8M	300x	as long as short
KuCoin WLDUSDTM	+0.0100%	8h	0.4526	0.000%	$6.6M	$11.7M	50x	as long as short
Bitget WLDUSDTlong	+0.0100%	8h	0.4526	long leg	$29.9M	$30.8M	75x
BingX WLD-USDT	+0.0100%	8h	0.4528	+0.044%	—	$69.8M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4526	−0.011%	$132K	$293K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4522	−0.095%	$2.1M	$1.6M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4529	+0.073%	$27K	$321K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4534	+0.177%	$597K	$2.1M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4531	+0.110%	$48K	$239K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4526	−0.011%	$46K	$2.6M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4531	+0.110%	$23K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4524	−0.044%	$215	$5K	10x	as long as short
HTX WLD-USDTshort	+0.0100%	8h	0.4523	−0.066%	$827K	$1.6M	50x
Phemex WLDUSDT	+0.0100%	8h	0.4526	0.000%	$1.8M	$3.6M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4527	+0.017%	$208K	$945K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4525	−0.017%	$31K	$500	3x	as long as short
Injective WLD/USDC PERP	+0.0132%	1h	0.4581	+1.215%	$6K	$185K	5.5x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4525	−0.027%	—	—	20x	as long as short
Lighter WLD	+0.0136%	1h	0.4528	+0.040%	$4.9M	$2.9M	10x	as long as short
01 Exchange WLDUSD	+0.0144%	1h	0.4532	+0.126%	$324	$55	5x	as long as short
Phoenix WLD	+0.0158%	1h	0.4534	+0.172%	$5K	$44K	10x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0219% / S −0.0967%	1h	0.4525	−0.023%	$4K	—	100x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4525	−0.022%	$3.8M	$916K	75x	as long as short
Coinbase International WLD-PERP-INTX	+0.0488%	1h	0.4532	+0.133%	$273K	$1.6M	50x	as long as short
Hyperliquid WLD	+0.0491%	1h	0.4529	+0.057%	$50.3M	$44.1M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.1046%	1h	0.4525	−0.022%	$875K	$2.8M	50x	as long as short