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

WLD

all WLD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0248%/8h= −27.2% APRnext payment $2.48 per $10,000 · paid last 24h −0.043%
Price spread now: KuCoin against BloFin+0.220%95s7-day average −0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$101as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$770.772% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.240%−$24 on $10k
Price spread, last 4 days (all we have)−0.614%−$61 · spread now +0.220%, 7d avg −0.033%
Together, before fees−0.854%−$85 on $10k · with fees, hour by hour
The price spread pays, funding is against you. KuCoin is 0.253% dearer against BloFin than usual: you sell high and buy low (spread +0.220% now, against its 7-day average of −0.033%): +$25 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 3.4 days. At the pace of the last 7 days (−0.240% in total) that is about 7.4 days. The two prices were read 95 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin WLD-USDT0.45430.0220pay 0.0220% / 8h4h 35m$4.9M$846K75x
ShortKuCoin WLDUSDTM0.4553−0.0028pay 0.0028% / 8h4h 35m$6.9M$11.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against BloFin. 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
−$52.08
Price spread: +0.220% → −0.033%
$25.27
Slippage, 4 orders
−$53.19
Fee BloFin: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$104.01
Costs to cover
0.772%
Break-even
never at this rate
Slippage from BloFin: live order book, 3 min ago; KuCoin: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 3 min ago1.10 bp9.2 bp −$912.3 bp −$12334.2 bp −$3,423117.9 bp −$58.9K
Sell KuCoin live order book, 3 min ago3.30 bp22.6 bp −$2343.4 bp −$434doesn'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−0.0105%8h0.4541−0.044%$57K$4.6M1.7xas long as short
Nado WLD-PERP−0.0053%1h0.4551+0.176%$241K$205K5xas long as short
KuCoin WLDUSDTMshort−0.0028%8h0.4553+0.220%$6.9M$11.6M50x
dYdX WLD-USD0.0000%1h0.4555+0.267%$155K$33K10xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4541−0.047%$65K150xas long as short
Injective WLD/USDC PERP+0.0014%1h0.4544+0.022%$6K$185K5.5xas long as short
01 Exchange WLDUSD+0.0072%1h0.4556+0.277%$326$805xas long as short
Orderly PERP_WLD_USDC+0.0088%8h0.4540−0.066%$28K$886K10xas long as short
Lighter WLD+0.0096%1h0.4555+0.260%$4.9M$2.4M10xas long as short
Aster WLDUSDT+0.0100%8h0.4548+0.116%$209K$1.1M50xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica WLD+0.0100%1h0.4555+0.263%$49K$528K5xas long as short
Binance WLDUSDT+0.0100%8h0.4553+0.220%$86.3M$327.8M75xas long as short
Bybit WLDUSDT+0.0100%8h0.4551+0.176%$64.8M$89.0M50xas long as short
OKX WLD-USDT-SWAP+0.0100%8h0.4552+0.198%$34.2M$148.9M50xas long as short
Gate WLD_USDT+0.0100%8h0.4551+0.176%$7.1M$36.8M75xas long as short
MEXC WLD_USDT+0.0100%8h0.4554+0.242%$43.8M$54.0M300xas long as short
Bitget WLDUSDT+0.0100%8h0.4550+0.154%$30.0M$30.2M75xas long as short
BingX WLD-USDT+0.0100%8h0.4552+0.198%$67.4Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4546+0.077%$135K$299K10xas long as short
Variational Omni WLD+0.0100%8h0.4539−0.095%$2.1M$1.7Mas long as short
edgeX WLDUSDC+0.0100%4h0.4542−0.015%$27K$319K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4548+0.101%$600K$1.9M10xas long as short
ApeX Omni WLDUSDT+0.0100%1h0.4544+0.022%$43K$239K50xas long as short
Polymarket Perps WLD-USD+0.0100%1h0.4551+0.172%$49K$2.1M10xas long as short
SunX WLD-USDT+0.0100%8h0.4549+0.132%$23K$1.6M50xas long as short
SoDEX WLD-USD+0.0100%1h0.45430.000%$174$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4533−0.220%$829K$1.9M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4546+0.066%$1.8M$3.7M50xas long as short
Extended WLD-USD+0.0104%1h0.4551+0.173%$218K$981K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4542−0.013%$31K$6003xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4548+0.116%20xas long as short
Phoenix WLD+0.0158%1h0.4546+0.066%$5K$52K10xas long as short
Deribit WLD_USDC-PERPETUAL+0.0191%1h0.45430.000%$117K$927K25xas long as short
Hyperliquid WLD+0.0212%1h0.4558+0.330%$50.1M$43.2M10xas long as short
BloFin WLD-USDTlong+0.0220%8h0.4543long leg$4.9M$846K75x
GMX WLD/USD [ETH-USDC]L +0.0229% / S −0.1268%1h0.4540−0.076%$5K100xas long as short
Kraken Futures PF_WLDUSD+0.0483%1h0.4545+0.037%$879K$2.8M50xas long as short
Coinbase International WLD-PERP-INTX+0.0496%1h0.4552+0.198%$267K$1.7M50xas long as short