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 −0.009%

Price spread now: MEXC against Bitget+0.022%7-day average +0.030% · you sell dearer than you buy

Net, funding: paid 7d − costs−$35as in the Funding arb table

Net, price: spread back to 7d avg − costs−$29as in the Price arb table

costs, in and out, $10k−$280.284% of the position

Long on Bitget Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.068%−$7 on $10k

Price spread, last 7 days+0.005%$0 · spread now +0.022%, 7d avg +0.030%

Together, before fees−0.063%−$6 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget WLDUSDT	0.4545	0.0100	pay 0.0100% / 8h	3h 26m	$30.0M	$30.0M	75x
Short	MEXC WLD_USDT	0.4546	0.0100	get 0.0100% / 8h	3h 26m	$41.4M	$54.7M	300x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.022%Rate

Funding earned: $0
Price spread: +0.022% → +0.030%: −$0.76
Slippage, 4 orders: −$16.38
Fee Bitget: 6 bp × 2 orders: −$12
Fee MEXC: 0 bp × 2 orders: $0
Net: −$29.14
Costs to cover: 0.284%
Break-even: never at this rate

Slippage from Bitget: live order book, 2 min ago; MEXC: live order book, 2 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, 2 min ago	1.10 bp	11.6 bp −$12	21.8 bp −$218	76.1 bp −$7,605	doesn't fit
Sell MEXC live order book, 2 min ago	1.10 bp	1.2 bp −$1	7.0 bp −$70	26.0 bp −$2,601	76.2 bp −$38.1K

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	−0.0032%	1h	0.4555	+0.209%	$241K	$205K	5x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4546	+0.025%	$155K	$33K	10x	as long as short
Kalshi KXWLDPERP	0.0000%	8h	0.4555	+0.220%	$61K	$4.6M	1.7x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4555	+0.220%	$124K	$942K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4556	+0.247%	$66K	—	150x	as long as short
KuCoin WLDUSDTM	+0.0024%	8h	0.4546	+0.022%	$6.9M	$11.7M	50x	as long as short
Polymarket Perps WLD-USD	+0.0099%	1h	0.4554	+0.191%	$39K	$2.1M	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4553	+0.184%	$209K	$1.1M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4546	+0.030%	$49K	$524K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4547	+0.044%	$86.7M	$329.7M	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	0.4545	0.000%	$64.7M	$89.7M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4545	0.000%	$34.5M	$150.6M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4551	+0.132%	$7.3M	$36.5M	75x	as long as short
MEXC WLD_USDTshort	+0.0100%	8h	0.4546	+0.022%	$41.4M	$54.7M	300x
Bitget WLDUSDTlong	+0.0100%	8h	0.4545	long leg	$30.0M	$30.0M	75x
BingX WLD-USDC	+0.0100%	8h	0.4545	0.000%	—	$1.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4552	+0.156%	$136K	$302K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4580	+0.763%	$2.2M	$1.6M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4569	+0.533%	$27K	$318K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4562	+0.374%	$600K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4580	+0.770%	$43K	$238K	50x	as long as short
Orderly PERP_WLD_USDC	+0.0100%	8h	0.4554	+0.198%	$28K	$867K	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4560	+0.330%	$23K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4554	+0.198%	$204	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4557	+0.264%	$833K	$1.8M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4555	+0.220%	$1.8M	$3.6M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4545	−0.007%	$216K	$984K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4555	+0.209%	$31K	$600	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4554	+0.190%	—	—	20x	as long as short
Injective WLD/USDC PERP	+0.0142%	1h	0.4576	+0.682%	$6K	$185K	5.5x	as long as short
Phoenix WLD	+0.0157%	1h	0.4584	+0.862%	$5K	$52K	10x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4554	+0.198%	$4.9M	$890K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0229% / S −0.1268%	1h	0.4555	+0.229%	$5K	—	100x	as long as short
01 Exchange WLDUSD	+0.0296%	1h	0.4558	+0.290%	$326	$55	5x	as long as short
Hyperliquid WLD	+0.0398%	1h	0.4553	+0.174%	$50.0M	$43.4M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.0521%	1h	0.4555	+0.216%	$885K	$2.9M	50x	as long as short
Coinbase International WLD-PERP-INTX	+0.0560%	1h	0.4561	+0.352%	$266K	$1.6M	50x	as long as short
Lighter WLD	+0.0808%	1h	0.4558	+0.297%	$5.2M	$2.6M	10x	as long as short