Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.014%

Price spread now: Binance against Extended+0.034%7-day average +0.051% · you sell dearer than you buy

Net, funding: paid 7d − costs−$63as in the Funding arb table

Net, price: spread back to 7d avg − costs−$24as in the Price arb table

costs, in and out, $10k−$220.224% of the position

Long on Extended Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.405%−$40 on $10k

Price spread, last 4 days (all we have)+0.041%+$4 · spread now +0.034%, 7d avg +0.051%

Together, before fees−0.364%+ Points / potential airdropExtended: Active · farm board−$36 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended WLD-USD	0.4530	0.0104	pay 0.0013% / 1h	2m 49s	$208K	$945K	10x
Short	Binance WLDUSDT	0.4532	0.0100	get 0.0100% / 8h	1h 02m	$86.5M	$334.9M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Extended. 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 ExtendedbpFee BinancebpOrdersPrice spread, now +0.034%Rate

Funding earned: −$0.84
Price spread: +0.034% → +0.051%: −$1.71
Slippage, 4 orders: −$7.41
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Binance: 5 bp × 2 orders: −$10
Net: −$24.97
Costs to cover: 0.224%
Break-even: never at this rate

Slippage from Extended: live order book, just now; Binance: live order book, 11 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 Extended live order book, just now	1.10 bp	3.6 bp −$4	12.1 bp −$121	doesn't fit	doesn't fit
Sell Binance live order book, 11 min ago	1.10 bp	9.1 bp −$9	14.9 bp −$149	47.5 bp −$4,751	171.8 bp −$85.9K

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	−0.0023%	1h	0.4531	+0.012%	$236K	$170K	5x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4532	+0.025%	$155K	$32K	10x	as long as short
Kalshi KXWLDPERP	0.0000%	8h	0.4535	+0.100%	$57K	$4.7M	1.7x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4525	−0.128%	$65K	—	150x	as long as short
Orderly PERP_WLD_USDC	+0.0098%	8h	0.4535	+0.100%	$27K	$742K	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4531	+0.021%	$226K	$1.1M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4531	+0.008%	$49K	$537K	5x	as long as short
Binance WLDUSDTshort	+0.0100%	8h	0.4532	+0.034%	$86.5M	$334.9M	75x
Bybit WLDUSDT	+0.0100%	8h	0.4530	−0.010%	$64.5M	$89.4M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4531	+0.012%	$34.3M	$152.1M	50x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate WLD_USDT	+0.0100%	8h	0.4533	+0.056%	$7.1M	$36.4M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4532	+0.034%	$40.1M	$57.7M	300x	as long as short
KuCoin WLDUSDTM	+0.0100%	8h	0.4531	+0.012%	$6.6M	$11.7M	50x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4531	+0.012%	$30.0M	$30.9M	75x	as long as short
BingX WLD-USDT	+0.0100%	8h	0.4532	+0.034%	—	$69.8M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4536	+0.127%	$133K	$294K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4535	+0.094%	$2.1M	$1.6M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4530	−0.007%	$27K	$320K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4531	+0.012%	$597K	$2.1M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4531	+0.012%	$48K	$239K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4534	+0.083%	$46K	$2.6M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4538	+0.166%	$23K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4536	+0.122%	$218	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4527	−0.076%	$828K	$1.6M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4537	+0.144%	$1.8M	$3.6M	50x	as long as short
Extended WLD-USDlong	+0.0104%	1h	0.4530	long leg	$208K	$945K	10x
Aevo WLD-PERP	+0.0104%	1h	0.4538	+0.156%	$31K	$500	3x	as long as short
Lighter WLD	+0.0128%	1h	0.4542	+0.253%	$4.9M	$2.9M	10x	as long as short
Injective WLD/USDC PERP	+0.0132%	1h	0.4581	+1.116%	$6K	$185K	5.5x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4528	−0.059%	—	—	20x	as long as short
01 Exchange WLDUSD	+0.0136%	1h	0.4539	+0.189%	$325	$55	5x	as long as short
Phoenix WLD	+0.0158%	1h	0.4541	+0.244%	$5K	$44K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	+0.0191%	1h	0.4538	+0.166%	$151K	$954K	25x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0219% / S −0.0967%	1h	0.4527	−0.069%	$4K	—	100x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4534	+0.078%	$3.8M	$914K	75x	as long as short
Coinbase International WLD-PERP-INTX	+0.0488%	1h	0.4535	+0.100%	$273K	$1.6M	50x	as long as short
Hyperliquid WLD	+0.0492%	1h	0.4537	+0.155%	$50.4M	$44.1M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.1043%	1h	0.4539	+0.193%	$877K	$2.8M	50x	as long as short