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+0.0027%/8h= +3.0% APRnext payment +$0.27 per $10,000 · paid last 24h −0.004%
Price spread now: Bybit against KuCoin−0.044%7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$66as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$650.649% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.008%−$1 on $10k
Price spread, last 7 days+0.030%+$3 · spread now −0.044%, 7d avg −0.007%
Together, before fees+0.022%+$2 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bybit is 0.036% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.044% now, against its 7-day average of −0.007%). If the spread goes back, that is −$4 on $10k: about 4.5 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin WLDUSDTM0.45600.0073pay 0.0073% / 8h2h 01m$6.8M$11.9M50x
ShortBybit WLDUSDT0.45580.0100get 0.0100% / 8h2h 01m$65.0M$91.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
$5.67
Price spread: −0.044% → −0.007%
−$3.64
Slippage, 4 orders
−$41.85
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$62.82
Costs to cover
0.649%
Break-even
84.6 days
Slippage from KuCoin: live order book, 7 min ago; Bybit: 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 KuCoin live order book, 7 min ago1.10 bp25.0 bp −$2544.0 bp −$440doesn't fitdoesn't fit
Sell Bybit live order book, 2 min ago1.10 bp10.0 bp −$1018.7 bp −$187117.5 bp −$11.8Kdoesn't fit

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−0.0034%1h0.4560−0.011%$240K$170K5xas long as short
dYdX WLD-USD0.0000%1h0.4559−0.019%$155K$33K10xas long as short
Kalshi KXWLDPERP0.0000%8h0.4561+0.022%$53K$4.8M1.7xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4562+0.046%$66K150xas long as short
KuCoin WLDUSDTMlong+0.0073%8h0.4560long leg$6.8M$11.9M50x
01 Exchange WLDUSD+0.0080%1h0.4558−0.037%$326$555xas long as short
Orderly PERP_WLD_USDC+0.0099%8h0.4562+0.044%$27K$790K10xas long as short
Aster WLDUSDT+0.0100%8h0.4561+0.028%$227K$1.1M50xas long as short
Pacifica WLD+0.0100%1h0.4561+0.016%$51K$538K5xas long as short
Binance WLDUSDT+0.0100%8h0.4559−0.032%$86.7M$339.2M75xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit WLDUSDTshort+0.0100%8h0.4558−0.044%$65.0M$91.6M50x
OKX WLD-USDT-SWAP+0.0100%8h0.4556−0.088%$34.6M$155.9M50xas long as short
Gate WLD_USDT+0.0100%8h0.45600.000%$7.2M$37.9M75xas long as short
MEXC WLD_USDT+0.0100%8h0.4558−0.044%$40.4M$57.3M300xas long as short
Bitget WLDUSDT+0.0100%8h0.4556−0.088%$30.1M$31.4M75xas long as short
BingX WLD-USDT+0.0100%8h0.4559−0.022%$70.2Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4564+0.092%$133K$300K10xas long as short
Variational Omni WLD+0.0100%8h0.4579+0.410%$2.1M$1.7Mas long as short
edgeX WLDUSDC+0.0100%4h0.4565+0.105%$27K$321K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4568+0.175%$606K$2.0M10xas long as short
ApeX Omni WLDUSDT+0.0100%1h0.4574+0.307%$49K$240K50xas long as short
Polymarket Perps WLD-USD+0.0100%1h0.4556−0.079%$47K$2.4M10xas long as short
SunX WLD-USDT+0.0100%8h0.4568+0.175%$23K$1.6M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4563+0.066%$211$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4567+0.154%$835K$1.7M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4565+0.110%$1.8M$3.7M50xas long as short
Extended WLD-USD+0.0104%1h0.4556−0.085%$211K$1.0M10xas long as short
Aevo WLD-PERP+0.0104%1h0.4565+0.099%$31K$5003xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4556−0.094%20xas long as short
Phoenix WLD+0.0142%1h0.4578+0.390%$5K$52K10xas long as short
Lighter WLD+0.0168%1h0.4566+0.129%$4.9M$2.9M10xas long as short
Injective WLD/USDC PERP+0.0176%1h0.4544−0.351%$6K$185K5.5xas long as short
Deribit WLD_USDC-PERPETUAL+0.0188%1h0.4564+0.088%$151K$1.0M25xas long as short
GMX WLD/USD [ETH-USDC]L +0.0219% / S −0.0967%1h0.4561+0.028%$4K100xas long as short
BloFin WLD-USDT+0.0220%8h0.4568+0.175%$4.8M$921K75xas long as short
Hyperliquid WLD+0.0364%1h0.4566+0.134%$49.8M$44.6M10xas long as short
Kraken Futures PF_WLDUSD+0.0496%1h0.4567+0.145%$864K$2.9M50xas long as short
Coinbase International WLD-PERP-INTX+0.0536%1h0.4566+0.132%$275K$1.7M50xas long as short