Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0145%/8h= −15.9% APRpaid last 24h −0.021%

Price spread now: KuCoin against Extended+0.013%7-day average +0.030% · you sell dearer than you buy

Net, funding: paid 7d − costs−$100as in the Funding arb table

Net, price: spread back to 7d avg − costs−$63as in the Price arb table

costs, in and out, $10k−$610.612% of the position

Long on Extended Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.392%−$39 on $10k

Price spread, last 4 days (all we have)−0.014%−$1 · spread now +0.013%, 7d avg +0.030%

Together, before fees−0.406%+ Points / potential airdropExtended: Active · farm board−$41 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.030%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended WLD-USD	0.4651	0.0104	pay 0.0013% / 1h	15m 48s	$214K	$889K	10x
Short	KuCoin WLDUSDTM	0.4652	−0.0041	pay 0.0041% / 8h	6h 15m	$7.1M	$11.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.013%Rate

Funding earned: −$30.45
Price spread: +0.013% → +0.030%: −$1.71
Slippage, 4 orders: −$44.18
Fee Extended: 2.5 bp × 2 orders: −$5
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$93.34
Costs to cover: 0.612%
Break-even: never at this rate

Slippage from Extended: live order book, 52 min ago; KuCoin: 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 Extended live order book, 52 min ago	2.12 bp	4.6 bp −$5	10.8 bp −$108	doesn't fit	doesn't fit
Sell KuCoin live order book, 3 min ago	3.22 bp	16.2 bp −$16	46.7 bp −$467	doesn't fit	doesn't fit

WLD on 37 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
Injective WLD/USDC PERP	−0.0235%	1h	0.4666	+0.314%	$6K	$185K	5.5x	as long as short
Kalshi KXWLDPERP	−0.0143%	8h	0.4640	−0.245%	$64K	$4.5M	1.7x	as long as short
KuCoin WLDUSDTMshort	−0.0041%	8h	0.4652	+0.013%	$7.1M	$11.6M	50x
Nado WLD-PERP	−0.0001%	1h	0.4652	+0.003%	$270K	$189K	5x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4647	−0.103%	$165K	$26K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4653	+0.035%	$120K	$918K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4652	+0.013%	$56K	—	150x	as long as short
Orderly PERP_WLD_USDC	+0.0061%	8h	0.4652	+0.013%	$28K	$897K	10x	as long as short
Gate WLD_USDT	+0.0067%	8h	0.4655	+0.078%	$7.3M	$37.9M	75x	as long as short
Phoenix WLD	+0.0068%	1h	0.4667	+0.340%	$5K	$54K	10x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster WLDUSDT	+0.0100%	8h	0.4652	+0.004%	$178K	$1.0M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4648	−0.083%	$53K	$511K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4658	+0.140%	$88.5M	$326.5M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4659	+0.164%	$66.4M	$88.1M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4661	+0.207%	$35.1M	$152.7M	50x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4654	+0.056%	$45.8M	$56.1M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4658	+0.142%	$31.0M	$29.6M	75x	as long as short
BingX WLD-USDT	+0.0100%	8h	0.4660	+0.185%	—	$67.6M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4657	+0.132%	$140K	$295K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4649	−0.059%	$2.1M	$1.7M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4680	+0.616%	$28K	$318K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4691	+0.852%	$622K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4689	+0.809%	$51K	$235K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4657	+0.112%	$54K	$2.1M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4662	+0.228%	$23K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4650	−0.030%	$223	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4653	+0.035%	$881K	$1.9M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4652	+0.013%	$1.9M	$3.7M	50x	as long as short
Extended WLD-USDlong	+0.0104%	1h	0.4651	long leg	$214K	$889K	10x
Aevo WLD-PERP	+0.0104%	1h	0.4653	+0.035%	$32K	$600	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4653	+0.039%	—	—	20x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0230% / S −0.1268%	1h	0.4652	+0.019%	$5K	—	100x	as long as short
01 Exchange WLDUSD	+0.0272%	1h	0.4654	+0.063%	$333	$77	5x	as long as short
Coinbase International WLD-PERP-INTX	+0.0456%	1h	0.4660	+0.185%	$274K	$1.8M	50x	as long as short
Hyperliquid WLD	+0.0552%	1h	0.4662	+0.222%	$51.8M	$44.2M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.0643%	1h	0.4652	+0.022%	$905K	$2.9M	50x	as long as short
Lighter WLD	+0.0864%	1h	0.4660	+0.187%	$5.3M	$2.1M	10x	as long as short