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

WLD

all WLD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.021%
Price spread now: BingX against dYdX+0.092%7-day average · you sell dearer than you buy
Net, funding: paid 7d − costs−$163as in the Funding arb table
Net, price: spread back to 7d avg − costs−$173as in the Price arb table
costs, in and out, $10k−$1821.817% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.187%+$19 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and BingX is 0.092% dearer against dYdX than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX WLD-USD0.46360get 0.0000% / 1h41m 32s$158K$19K10x
ShortBingX WLD-USDT0.46400.0100get 0.0100% / 8h6h 41m$67.5M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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

Funding earned
$21
Price spread: +0.092% → 0.000%
$9.15
Slippage, 4 orders
−$161.67
Fee dYdX: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$151.52
Costs to cover
1.817%
Break-even
57.5 days
Slippage from dYdX: live order book, 27 min ago; BingX: live order book, 2 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 dYdX live order book, 27 min ago77.99 bp83.0 bp −$83101.9 bp −$1,019155.9 bp −$15.6K636.0 bp −$318.0K
Sell BingX live order book, 2 min ago1.07 bp8.6 bp −$912.7 bp −$12728.1 bp −$2,811101.0 bp −$50.5K

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
Injective WLD/USDC PERP−0.0235%1h0.4675+0.847%$6K$185K5.5xas long as short
Kalshi KXWLDPERP−0.0158%8h0.4648+0.264%$26K$4.3M1.7xas long as short
KuCoin WLDUSDTM−0.0042%8h0.4627−0.189%$7.0M$11.4M50xas long as short
dYdX WLD-USDlong0.0000%1h0.4636long leg$158K$19K10x
Deribit WLD_USDC-PERPETUAL0.0000%1h0.4646+0.221%$131K$909K25xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4646+0.218%$66K150xas long as short
Nado WLD-PERP+0.0003%1h0.4635−0.006%$269K$178K5xas long as short
ApeX Omni WLDUSDT+0.0016%1h0.4681+0.976%$51K$241K50xas long as short
Orderly PERP_WLD_USDC+0.0055%8h0.4646+0.221%$28K$898K10xas long as short
Phoenix WLD+0.0068%1h0.4673+0.795%$5K$54K10xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate WLD_USDT+0.0085%8h0.4636+0.005%$7.4M$36.9M75xas long as short
Aster WLDUSDT+0.0100%8h0.4647+0.243%$178K$1.0M50xas long as short
Pacifica WLD+0.0100%1h0.4635−0.011%$55K$493K5xas long as short
Binance WLDUSDT+0.0100%8h0.4637+0.027%$88.6M$320.9M75xas long as short
Bybit WLDUSDT+0.0100%8h0.4636+0.005%$66.5M$86.1M50xas long as short
OKX WLD-USDT-SWAP+0.0100%8h0.4636+0.005%$35.1M$150.6M50xas long as short
MEXC WLD_USDT+0.0100%8h0.4636+0.005%$46.7M$54.9M300xas long as short
Bitget WLDUSDT+0.0100%8h0.4635−0.016%$30.9M$28.6M75xas long as short
BingX WLD-USDTshort+0.0100%8h0.4640+0.092%$67.5M
Backpack WLD_USDC_PERP+0.0100%1h0.4650+0.303%$141K$289K10xas long as short
Variational Omni WLD+0.0100%8h0.4677+0.885%$2.1M$1.7Mas long as short
edgeX WLDUSDC+0.0100%4h0.4680+0.962%$28K$316K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4683+1.020%$620K$1.9M10xas long as short
Polymarket Perps WLD-USD+0.0100%1h0.4641+0.102%$58K$2.0M10xas long as short
SunX WLD-USDT+0.0100%8h0.4653+0.372%$23K$1.6M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4642+0.135%$223$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4652+0.350%$881K$1.9M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4646+0.221%$1.9M$3.7M50xas long as short
Extended WLD-USD+0.0104%1h0.4636+0.002%$214K$888K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4647+0.253%$32K$6003xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4634−0.032%20xas long as short
BloFin WLD-USDT+0.0220%8h0.4719+1.796%$5.0M$878K75xas long as short
GMX WLD/USD [ETH-USDC]L +0.0239% / S −0.1538%1h0.4646+0.217%$6K100xas long as short
01 Exchange WLDUSD+0.0304%1h0.4641+0.115%$332$775xas long as short
Coinbase International WLD-PERP-INTX+0.0456%1h0.4650+0.307%$274K$1.7M50xas long as short
Kraken Futures PF_WLDUSD+0.0644%1h0.4644+0.180%$922K$2.8M50xas long as short
Hyperliquid WLD+0.0653%1h0.4642+0.124%$51.9M$44.6M10xas long as short
Lighter WLD+0.0864%1h0.4642+0.139%$5.3M$2.1M10xas long as short