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

WLD

all WLD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0309%/8h= +33.9% APRnext payment +$0.39 per $10,000 · paid last 24h −0.054%
Price spread now: dYdX against Injective+0.285%98s7-day average −0.206% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.133%−$13 on $10k
Price spread, last 4 days (all we have)−0.587%−$59 · spread now +0.285%, 7d avg −0.206%
Together, before fees−0.720%−$72 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and dYdX is 0.491% dearer against Injective than usual: you sell high and buy low: +$49 more if the spread goes back to its 7-day average of −0.206%. Mind the row above: over the last 7 days funding on this pair cost −0.133%, so the current rate has only just turned in your favour. The two prices were read 98 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.133% in total (about -6.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.39 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective WLD/USDC PERP0.4508−0.0309get 0.0039% / 1h13m 36s$6K$185K5.5x
ShortdYdX WLD-USD0.45210get 0.0000% / 1h13m 36s$154K$32K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against Injective. 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
$64.99
Price spread: +0.285% → −0.206%
$49.1
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee dYdX: 5 bp × 2 orders
−$10
Net
$104.07
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Injective: live order book, 55 min ago; dYdX: live order book, 25 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Injective live order book, 55 min ago56.62 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell dYdX live order book, 25 min ago38.55 bp49.1 bp −$4988.9 bp −$889205.5 bp −$20.6K649.4 bp −$324.7K

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 PERPlong−0.0309%1h0.4508long leg$6K$185K5.5x
Nado WLD-PERP−0.0018%1h0.4515+0.144%$234K$175K5xas long as short
dYdX WLD-USDshort0.0000%1h0.4521+0.285%$154K$32K10x
Kalshi KXWLDPERP0.0000%8h0.4517+0.200%$51K$4.6M1.7xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4520+0.269%$65K150xas long as short
Orderly PERP_WLD_USDC+0.0099%8h0.4524+0.355%$27K$671K10xas long as short
Aster WLDUSDT+0.0100%8h0.4526+0.399%$229K$1.0M50xas long as short
Pacifica WLD+0.0100%1h0.4520+0.268%$54K$546K5xas long as short
Binance WLDUSDT+0.0100%8h0.4523+0.337%$86.7M$333.5M75xas long as short
Bybit WLDUSDT+0.0100%8h0.4521+0.288%$64.0M$89.5M50xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX WLD-USDT-SWAP+0.0100%8h0.4523+0.333%$34.2M$151.5M50xas long as short
Gate WLD_USDT+0.0100%8h0.4520+0.266%$7.0M$35.9M75xas long as short
MEXC WLD_USDT+0.0100%8h0.4520+0.266%$41.4M$57.0M300xas long as short
KuCoin WLDUSDTM+0.0100%8h0.4520+0.266%$6.6M$11.6M50xas long as short
Bitget WLDUSDT+0.0100%8h0.4519+0.244%$29.9M$30.9M75xas long as short
BingX WLD-USDT+0.0100%8h0.4520+0.266%$20.1Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4526+0.395%$132K$298K10xas long as short
Variational Omni WLD+0.0100%8h0.4512+0.084%$2.1M$1.5Mas long as short
edgeX WLDUSDC+0.0100%4h0.4513+0.106%$27K$322K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4519+0.243%$595K$2.1M10xas long as short
ApeX Omni WLDUSDT+0.0100%1h0.4512+0.089%$48K$238K50xas long as short
Polymarket Perps WLD-USD+0.0100%1h0.4516+0.173%$50K$2.7M10xas long as short
SunX WLD-USDT+0.0100%8h0.4521+0.288%$23K$1.6M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4523+0.333%$221$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4518+0.222%$827K$1.5M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4523+0.333%$1.7M$3.6M50xas long as short
Extended WLD-USD+0.0104%1h0.4517+0.198%$208K$880K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4525+0.384%$31K$5003xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4508+0.008%20xas long as short
Lighter WLD+0.0176%1h0.4525+0.375%$4.9M$2.9M10xas long as short
Phoenix WLD+0.0177%1h0.4507−0.018%$4K$43K10xas long as short
Deribit WLD_USDC-PERPETUAL+0.0192%1h0.4525+0.377%$136K$986K25xas long as short
01 Exchange WLDUSD+0.0216%1h0.4527+0.424%$324$555xas long as short
GMX WLD/USD [ETH-USDC]L +0.0219% / S −0.0967%1h0.4511+0.069%$4K100xas long as short
BloFin WLD-USDT+0.0220%8h0.4510+0.044%$4.8M$901K75xas long as short
Hyperliquid WLD+0.0400%1h0.4524+0.355%$50.3M$43.3M10xas long as short
Coinbase International WLD-PERP-INTX+0.0448%1h0.4525+0.377%$269K$1.6M50xas long as short
Kraken Futures PF_WLDUSD+0.0456%1h0.4525+0.383%$867K$2.8M50xas long as short