Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.018%

Price spread now: Aster against dYdX−0.032%7-day average −0.019% · you buy dearer than you sell

Net, funding: paid 7d − costs−$268as in the Funding arb table

Net, price: spread back to 7d avg − costs−$283as in the Price arb table

costs, in and out, $10k−$2822.820% of the position

Long on dYdX Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days+0.136%+$14 on $10k

Price spread, last 4 days (all we have)+0.087%+$9 · spread now −0.032%, 7d avg −0.019%

Together, before fees+0.224%+ Points / potential airdropAster: Stage 5 · farm board+$22 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.019%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX WLD-USD	0.4576	0	get 0.0000% / 1h	18m 04s	$163K	$13K	10x
Short	Aster WLDUSDT	0.4575	0.0100	get 0.0100% / 8h	1h 18m	$200K	$998K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against dYdX. 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 dYdXbpFee AsterbpOrdersPrice spread, now −0.032%Rate

Funding earned: $21
Price spread: −0.032% → −0.019%: −$1.3
Slippage, 4 orders: −$264
Fee dYdX: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$262.3
Costs to cover: 2.820%
Break-even: 94.4 days

Slippage from dYdX: live order book, 1 min ago; Aster: live order book, 65 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 dYdX live order book, 1 min ago	91.21 bp	96.2 bp −$96	137.0 bp −$1,370	184.4 bp −$18.4K	677.9 bp −$339.0K
Sell Aster live order book, 65 min ago	2.20 bp	12.5 bp −$13	33.1 bp −$331	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
Kalshi KXWLDPERP	−0.0309%	8h	0.4573	−0.073%	$61K	$3.8M	1.7x	as long as short
Injective WLD/USDC PERP	−0.0079%	1h	0.4623	+1.019%	$6K	$185K	5.5x	as long as short
dYdX WLD-USDlong	0.0000%	1h	0.4576	long leg	$163K	$13K	10x
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4576	−0.008%	$108K	$900K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4575	−0.037%	$57K	—	150x	as long as short
Orderly PERP_WLD_USDC	+0.0003%	8h	0.4573	−0.073%	$28K	$913K	10x	as long as short
KuCoin WLDUSDTM	+0.0006%	8h	0.4571	−0.117%	$7.0M	$10.8M	50x	as long as short
Nado WLD-PERP	+0.0052%	1h	0.4573	−0.062%	$275K	$169K	5x	as long as short
Variational Omni WLD	+0.0084%	8h	0.4578	+0.034%	$2.1M	$1.6M	—	as long as short
Aster WLDUSDTshort	+0.0100%	8h	0.4575	−0.032%	$200K	$998K	50x

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica WLD	+0.0100%	1h	0.4575	−0.021%	$53K	$481K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4573	−0.073%	$86.5M	$297.3M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4573	−0.073%	$65.5M	$82.0M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4572	−0.095%	$34.2M	$141.1M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4570	−0.139%	$7.4M	$35.3M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4572	−0.095%	$48.9M	$52.0M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4570	−0.139%	$30.1M	$25.5M	75x	as long as short
BingX WLD-USDT	+0.0100%	8h	0.4573	−0.073%	—	$67.8M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4573	−0.071%	$129K	$270K	10x	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4580	+0.088%	$27K	$316K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4580	+0.077%	$615K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4580	+0.080%	$55K	$227K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4576	−0.003%	$47K	$1.6M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4580	+0.080%	$23K	$1.5M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4575	−0.030%	$205	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4578	+0.036%	$864K	$1.8M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4574	−0.052%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4573	−0.082%	$240K	$855K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4576	−0.008%	$31K	$5K	3x	as long as short
Phoenix WLD	+0.0124%	1h	0.4583	+0.147%	$5K	$53K	10x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4573	−0.075%	—	—	20x	as long as short
Kraken Futures PF_WLDUSD	+0.0186%	1h	0.4578	+0.026%	$908K	$2.6M	50x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4574	−0.052%	$4.9M	$813K	75x	as long as short
01 Exchange WLDUSD	+0.0248%	1h	0.4575	−0.030%	$327	$77	5x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0260% / S −0.2221%	1h	0.4575	−0.034%	$9K	—	100x	as long as short
Coinbase International WLD-PERP-INTX	+0.0424%	1h	0.4586	+0.211%	$270K	$1.6M	50x	as long as short
Hyperliquid WLD	+0.0744%	1h	0.4577	+0.023%	$49.7M	$43.1M	10x	as long as short
Lighter WLD	+0.0968%	1h	0.4584	+0.160%	$5.2M	$2.1M	10x	as long as short