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

WLD

all WLD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.032%
Price spread now: ApeX Omni against Deribit−0.133%74s7-day average +0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$450.446% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.184%+$18 on $10k
Price spread, last 4 days (all we have)−0.145%−$14 · spread now −0.133%, 7d avg +0.008%
Together, before fees+0.040%+$4 on $10k · with fees, hour by hour
Funding pays, the price is against you. ApeX Omni is 0.141% cheaper against Deribit than usual: you would sell low and buy high (spread −0.133% now, against its 7-day average of +0.008%). If the spread goes back, that is −$14 on $10k: about 4.7 days of funding at the current rate (+$3 a day). The two prices were read 74 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit WLD_USDC-PERPETUAL0.45230get 0.0000% / 1h50m 05s$146K$1.0M25x
ShortApeX Omni WLDUSDT0.45170.0100get 0.0013% / 1h50m 05s$48K$240K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Deribit. 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
$21
Price spread: −0.133% → +0.008%
−$14.06
Slippage, 4 orders
−$27.59
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$37.65
Costs to cover
0.446%
Break-even
19.5 days
Slippage from Deribit: live order book, 4 min ago; ApeX Omni: live order book, 61 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 Deribit live order book, 4 min ago4.43 bp7.9 bp −$814.3 bp −$143doesn't fitdoesn't fit
Sell ApeX Omni live order book, 61 min ago6.52 bp14.2 bp −$1494.5 bp −$945doesn'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
Nado WLD-PERP−0.0036%1h0.4526+0.077%$240K$204K5xas long as short
dYdX WLD-USD0.0000%1h0.4523+0.004%$154K$33K10xas long as short
Kalshi KXWLDPERP0.0000%8h0.4522−0.022%$72K$4.8M1.7xas long as short
Deribit WLD_USDC-PERPETUALlong0.0000%1h0.4523long leg$146K$1.0M25x
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4524+0.019%$65K150xas long as short
KuCoin WLDUSDTM+0.0038%8h0.4518−0.111%$6.8M$11.9M50xas long as short
01 Exchange WLDUSD+0.0072%1h0.4529+0.130%$324$555xas long as short
Polymarket Perps WLD-USD+0.0088%1h0.4524+0.015%$47K$2.3M10xas long as short
Orderly PERP_WLD_USDC+0.0098%8h0.45230.000%$28K$853K10xas long as short
Aster WLDUSDT+0.0100%8h0.4511−0.267%$225K$1.1M50xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica WLD+0.0100%1h0.4526+0.066%$47K$533K5xas long as short
Binance WLDUSDT+0.0100%8h0.4511−0.274%$85.8M$337.3M75xas long as short
Bybit WLDUSDT+0.0100%8h0.4509−0.310%$64.2M$91.8M50xas long as short
OKX WLD-USDT-SWAP+0.0100%8h0.4511−0.265%$34.1M$153.1M50xas long as short
Gate WLD_USDT+0.0100%8h0.4514−0.199%$7.2M$36.7M75xas long as short
MEXC WLD_USDT+0.0100%8h0.4518−0.111%$39.0M$55.5M300xas long as short
Bitget WLDUSDT+0.0100%8h0.4507−0.354%$29.7M$30.7M75xas long as short
BingX WLD-USDC+0.0100%8h0.4509−0.310%$1.3Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4514−0.199%$134K$304K10xas long as short
Variational Omni WLD+0.0100%8h0.4526+0.060%$2.0M$1.7Mas long as short
edgeX WLDUSDC+0.0100%4h0.4514−0.188%$27K$320K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4521−0.044%$593K$2.0M10xas long as short
ApeX Omni WLDUSDTshort+0.0100%1h0.4517−0.133%$48K$240K50x
SunX WLD-USDT+0.0100%8h0.4532+0.199%$23K$1.6M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4520−0.066%$208$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4520−0.066%$826K$1.8M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4521−0.044%$1.8M$3.7M50xas long as short
Extended WLD-USD+0.0104%1h0.4520−0.060%$221K$999K10xas long as short
Aevo WLD-PERP+0.0104%1h0.45230.000%$31K$6003xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4525+0.039%20xas long as short
Phoenix WLD+0.0142%1h0.45230.000%$5K$52K10xas long as short
Injective WLD/USDC PERP+0.0176%1h0.4519−0.088%$6K$185K5.5xas long as short
Lighter WLD+0.0192%1h0.4523+0.007%$4.9M$2.9M10xas long as short
GMX WLD/USD [ETH-USDC]L +0.0219% / S −0.0967%1h0.4523+0.009%$4K100xas long as short
BloFin WLD-USDT+0.0220%8h0.4528+0.111%$4.8M$930K75xas long as short
Hyperliquid WLD+0.0344%1h0.4514−0.203%$49.0M$44.1M10xas long as short
Kraken Futures PF_WLDUSD+0.0501%1h0.4521−0.049%$865K$2.9M50xas long as short
Coinbase International WLD-PERP-INTX+0.0536%1h0.4532+0.199%$267K$1.7M50xas long as short