Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.025%

Price spread now: ApeX Omni against Bybit+0.765%89s7-day average +0.082% · you sell dearer than you buy

Net, funding: paid 7d − costs−$39as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$500.497% of the position

Long on Bybit Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.103%+$10 on $10k

Price spread, last 4 days (all we have)−0.446%−$45 · spread now +0.765%, 7d avg +0.082%

Together, before fees−0.344%−$34 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: ApeX Omni is 0.683% dearer against Bybit than usual: you sell high and buy low, +$68 on $10k if it goes back to its 7-day average of +0.082%. The two prices were read 89 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit WLDUSDT	0.4577	0.0100	pay 0.0100% / 8h	3h 47m	$65.3M	$89.9M	50x
Short	ApeX Omni WLDUSDT	0.4612	0.0100	get 0.0013% / 1h	47m 57s	$44K	$237K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Bybit. 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 BybitbpFee ApeX OmnibpOrdersPrice spread, now +0.765%Rate

Funding earned: $0
Price spread: +0.765% → +0.082%: $68.29
Slippage, 4 orders: −$28.75
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: $18.54
Costs to cover: 0.497%
Break-even: from the start

Slippage from Bybit: live order book, 1 min ago; ApeX Omni: 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 Bybit live order book, 1 min ago	1.09 bp	10.2 bp −$10	21.8 bp −$218	140.8 bp −$14.1K	doesn't fit
Sell ApeX Omni live order book, 3 min ago	6.52 bp	14.2 bp −$14	94.5 bp −$945	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	−0.0014%	1h	0.4582	+0.120%	$243K	$205K	5x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4584	+0.157%	$156K	$33K	10x	as long as short
Kalshi KXWLDPERP	0.0000%	8h	0.4582	+0.109%	$44K	$4.7M	1.7x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4577	0.000%	$124K	$959K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0002%	1h	0.4576	−0.025%	$69K	—	150x	as long as short
KuCoin WLDUSDTM	+0.0019%	8h	0.4576	−0.022%	$6.9M	$11.7M	50x	as long as short
Polymarket Perps WLD-USD	+0.0066%	1h	0.4581	+0.092%	$40K	$2.1M	10x	as long as short
Orderly PERP_WLD_USDC	+0.0099%	8h	0.4576	−0.022%	$28K	$884K	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4578	+0.023%	$210K	$1.1M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4586	+0.194%	$49K	$524K	5x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance WLDUSDT	+0.0100%	8h	0.4577	+0.010%	$87.1M	$329.8M	75x	as long as short
Bybit WLDUSDTlong	+0.0100%	8h	0.4577	long leg	$65.3M	$89.9M	50x
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4579	+0.044%	$34.5M	$151.3M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4577	0.000%	$7.3M	$36.3M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4578	+0.022%	$43.3M	$54.3M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4573	−0.087%	$30.3M	$30.2M	75x	as long as short
BingX WLD-USDC	+0.0100%	8h	0.4577	0.000%	—	$1.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4579	+0.035%	$137K	$301K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4604	+0.583%	$2.2M	$1.6M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4604	+0.595%	$27K	$319K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4614	+0.801%	$607K	$1.9M	10x	as long as short
ApeX Omni WLDUSDTshort	+0.0100%	1h	0.4612	+0.765%	$44K	$237K	50x
SunX WLD-USDT	+0.0100%	8h	0.4587	+0.218%	$23K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4577	0.000%	$207	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4577	0.000%	$837K	$1.8M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4579	+0.044%	$1.8M	$3.6M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4573	−0.082%	$220K	$981K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4576	−0.016%	$31K	$600	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4579	+0.049%	—	—	20x	as long as short
Injective WLD/USDC PERP	+0.0142%	1h	0.4564	−0.284%	$6K	$185K	5.5x	as long as short
Phoenix WLD	+0.0157%	1h	0.4597	+0.446%	$5K	$52K	10x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4576	−0.022%	$4.8M	$864K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0229% / S −0.1268%	1h	0.4573	−0.084%	$5K	—	100x	as long as short
01 Exchange WLDUSD	+0.0312%	1h	0.4582	+0.120%	$328	$55	5x	as long as short
Hyperliquid WLD	+0.0477%	1h	0.4584	+0.159%	$50.4M	$43.4M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.0519%	1h	0.4579	+0.051%	$883K	$2.8M	50x	as long as short
Coinbase International WLD-PERP-INTX	+0.0560%	1h	0.4583	+0.131%	$269K	$1.7M	50x	as long as short
Lighter WLD	+0.0952%	1h	0.4587	+0.227%	$5.1M	$2.6M	10x	as long as short