Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0120%/8h= −13.1% APRpaid last 24h −0.022%

Price spread now: SoDEX against BloFin+0.066%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on BloFin Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. SoDEX is 0.066% dearer against BloFin than usual: you sell high and buy low (spread +0.066% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 44 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin WLD-USDT	0.4543	0.0220	pay 0.0220% / 8h	3h 17m	$4.9M	$882K	75x
Short	SoDEX WLD-USD	0.4546	0.0100	get 0.0013% / 1h	17m 18s	$206	$5K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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

Position, each leg$Hold fordaysFee BloFinbpFee SoDEXbpOrdersPrice spread, now +0.066%Rate

Funding earned: −$25.2
Price spread: +0.066% → 0.000%: $6.6
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$38.6
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: BloFin: live order book, 6 min ago; SoDEX: no order-book sample. Net counts fees only.

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 BloFin live order book, 6 min ago	3.31 bp	12.8 bp −$13	15.9 bp −$159	47.6 bp −$4,765	151.4 bp −$75.7K
Sell SoDEX no order-book sample	—	—	—	—	—

SoDEX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0028%	1h	0.4543	0.000%	$241K	$205K	5x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4545	+0.048%	$155K	$33K	10x	as long as short
Kalshi KXWLDPERP	0.0000%	8h	0.4548	+0.110%	$66K	$4.7M	1.7x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4547	+0.088%	$119K	$987K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4545	+0.040%	$66K	—	150x	as long as short
KuCoin WLDUSDTM	+0.0031%	8h	0.4544	+0.022%	$6.8M	$11.8M	50x	as long as short
Orderly PERP_WLD_USDC	+0.0099%	8h	0.4546	+0.066%	$28K	$868K	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4544	+0.027%	$212K	$1.1M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4548	+0.099%	$51K	$526K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4543	+0.008%	$86.6M	$331.3M	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	0.4542	−0.022%	$64.6M	$90.1M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4542	−0.022%	$34.3M	$151.4M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4545	+0.044%	$7.2M	$36.7M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4543	0.000%	$40.7M	$55.3M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4544	+0.022%	$30.0M	$30.2M	75x	as long as short
BingX WLD-USDT	+0.0100%	8h	0.4545	+0.044%	—	$67.8M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4545	+0.048%	$134K	$305K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4540	−0.073%	$2.1M	$1.7M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4538	−0.120%	$27K	$320K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4541	−0.044%	$598K	$2.0M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4536	−0.154%	$48K	$241K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4543	+0.002%	$39K	$2.1M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4553	+0.220%	$22K	$1.6M	50x	as long as short
SoDEX WLD-USDshort	+0.0100%	1h	0.4546	+0.066%	$206	$5K	10x
HTX WLD-USDT	+0.0100%	8h	0.4548	+0.110%	$831K	$1.8M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4543	0.000%	$1.8M	$3.6M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4544	+0.027%	$216K	$984K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4546	+0.071%	$31K	$600	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4542	−0.016%	—	—	20x	as long as short
Injective WLD/USDC PERP	+0.0142%	1h	0.4576	+0.726%	$6K	$185K	5.5x	as long as short
Phoenix WLD	+0.0157%	1h	0.4526	−0.374%	$5K	$52K	10x	as long as short
BloFin WLD-USDTlong	+0.0220%	8h	0.4543	long leg	$4.9M	$882K	75x
GMX WLD/USD [ETH-USDC]	L +0.0229% / S −0.1268%	1h	0.4544	+0.031%	$5K	—	100x	as long as short
01 Exchange WLDUSD	+0.0280%	1h	0.4548	+0.110%	$325	$55	5x	as long as short
Hyperliquid WLD	+0.0346%	1h	0.4549	+0.134%	$49.8M	$43.5M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.0522%	1h	0.4549	+0.123%	$881K	$2.9M	50x	as long as short
Coinbase International WLD-PERP-INTX	+0.0560%	1h	0.4552	+0.198%	$267K	$1.6M	50x	as long as short
Lighter WLD	+0.0832%	1h	0.4555	+0.264%	$5.2M	$2.6M	10x	as long as short