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+0.0174%/8h= +19.1% APRnext payment +$1.74 per $10,000 · paid last 24h +0.043%
Price spread now: BloFin against KuCoin−0.111%50s7-day average +0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$650.645% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.240%+$24 on $10k
Price spread, last 4 days (all we have)+0.296%+$30 · spread now −0.111%, 7d avg +0.030%
Together, before fees+0.537%+$54 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.141% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.111% now, against its 7-day average of +0.030%). If the spread goes back, that is −$14 on $10k: about 2.7 days of funding at the current rate (+$5 a day). The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin WLDUSDTM0.44900.0046pay 0.0046% / 8h2h 24m$6.7M$11.9M50x
ShortBloFin WLD-USDT0.44850.0220get 0.0220% / 8h2h 24m$4.8M$919K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against KuCoin. 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
$36.54
Price spread: −0.111% → +0.030%
−$14.09
Slippage, 4 orders
−$40.55
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$42.1
Costs to cover
0.645%
Break-even
15.1 days
Slippage from KuCoin: live order book, 4 min ago; BloFin: live order book, 4 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 KuCoin live order book, 4 min ago2.24 bp27.0 bp −$2756.0 bp −$560doesn't fitdoesn't fit
Sell BloFin live order book, 4 min ago2.24 bp8.2 bp −$814.1 bp −$14131.0 bp −$3,10494.3 bp −$47.2K

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
Nado WLD-PERP−0.0054%1h0.4492+0.056%$241K$207K5xas long as short
dYdX WLD-USD0.0000%1h0.4486−0.085%$153K$33K10xas long as short
Kalshi KXWLDPERP0.0000%8h0.4481−0.200%$69K$4.8M1.7xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4492+0.040%$65K150xas long as short
01 Exchange WLDUSD+0.0040%1h0.4494+0.087%$322$555xas long as short
Polymarket Perps WLD-USD+0.0045%1h0.4490−0.011%$43K$2.4M10xas long as short
KuCoin WLDUSDTMlong+0.0046%8h0.4490long leg$6.7M$11.9M50x
Lighter WLD+0.0096%1h0.4492+0.051%$4.9M$2.9M10xas long as short
Orderly PERP_WLD_USDC+0.0098%8h0.4491+0.022%$28K$802K10xas long as short
Aster WLDUSDT+0.0100%8h0.4491+0.031%$224K$1.1M50xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica WLD+0.0100%1h0.4489−0.022%$50K$542K5xas long as short
Binance WLDUSDT+0.0100%8h0.4491+0.031%$85.5M$338.2M75xas long as short
Bybit WLDUSDT+0.0100%8h0.4491+0.022%$63.9M$91.7M50xas long as short
OKX WLD-USDT-SWAP+0.0100%8h0.4491+0.022%$33.9M$152.8M50xas long as short
Gate WLD_USDT+0.0100%8h0.4492+0.045%$7.3M$37.3M75xas long as short
MEXC WLD_USDT+0.0100%8h0.4492+0.045%$39.0M$55.8M300xas long as short
Bitget WLDUSDT+0.0100%8h0.4491+0.022%$29.5M$30.9M75xas long as short
BingX WLD-USDT+0.0100%8h0.4491+0.022%$70.2Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4486−0.098%$133K$304K10xas long as short
Variational Omni WLD+0.0100%8h0.4475−0.339%$2.0M$1.7Mas long as short
edgeX WLDUSDC+0.0100%4h0.4470−0.440%$27K$319K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4483−0.156%$592K$2.0M10xas long as short
ApeX Omni WLDUSDT+0.0100%1h0.4473−0.379%$48K$240K50xas long as short
SunX WLD-USDT+0.0100%8h0.4499+0.200%$23K$1.6M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4491+0.022%$206$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4483−0.156%$821K$1.7M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4488−0.045%$1.8M$3.7M50xas long as short
Extended WLD-USD+0.0104%1h0.4489−0.017%$219K$999K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4493+0.063%$30K$6003xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4490+0.006%20xas long as short
Phoenix WLD+0.0142%1h0.4480−0.225%$5K$52K10xas long as short
Injective WLD/USDC PERP+0.0176%1h0.4513+0.512%$6K$185K5.5xas long as short
Deribit WLD_USDC-PERPETUAL+0.0195%1h0.4494+0.089%$143K$1.0M25xas long as short
GMX WLD/USD [ETH-USDC]L +0.0219% / S −0.0967%1h0.4491+0.016%$4K100xas long as short
BloFin WLD-USDTshort+0.0220%8h0.4485−0.111%$4.8M$919K75x
Hyperliquid WLD+0.0259%1h0.4496+0.136%$48.6M$44.0M10xas long as short
Kraken Futures PF_WLDUSD+0.0504%1h0.4494+0.098%$855K$2.9M50xas long as short
Coinbase International WLD-PERP-INTX+0.0536%1h0.4500+0.223%$273K$1.7M50xas long as short