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+0.0062%/8h= +6.8% APRnext payment +$0.62 per $10,000 · paid last 24h +0.010%
Price spread now: Gate against KuCoin+0.133%7-day average +0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$690.692% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.031%−$3 on $10k
Price spread, last 7 days−0.129%−$13 · spread now +0.133%, 7d avg +0.004%
Together, before fees−0.159%−$16 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Gate is 0.129% dearer against KuCoin than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.004%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin WLDUSDTM0.45090.0038pay 0.0038% / 8h2h 49m$6.7M$11.9M50x
ShortGate WLD_USDT0.45150.0100get 0.0100% / 8h2h 49m$7.2M$36.7M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$13.02
Price spread: +0.133% → +0.004%
$12.9
Slippage, 4 orders
−$42.23
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$43.31
Costs to cover
0.692%
Break-even
30.3 days
Slippage from KuCoin: live order book, 4 min ago; Gate: 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 ago2.21 bp15.4 bp −$1531.5 bp −$315doesn't fitdoesn't fit
Sell Gate live order book, 4 min ago2.22 bp13.3 bp −$1332.7 bp −$32755.8 bp −$5,578124.1 bp −$62.1K

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−0.0032%1h0.4515+0.133%$244K$207K5xas long as short
dYdX WLD-USD0.0000%1h0.4514+0.116%$154K$33K10xas long as short
Kalshi KXWLDPERP0.0000%8h0.4522+0.288%$72K$4.8M1.7xas long as short
Deribit WLD_USDC-PERPETUAL0.0000%1h0.4523+0.310%$146K$1.0M25xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4524+0.330%$65K150xas long as short
KuCoin WLDUSDTMlong+0.0038%8h0.4509long leg$6.7M$11.9M50x
01 Exchange WLDUSD+0.0072%1h0.4516+0.151%$323$555xas long as short
Polymarket Perps WLD-USD+0.0080%1h0.4513+0.098%$45K$2.3M10xas long as short
Orderly PERP_WLD_USDC+0.0098%8h0.4523+0.310%$28K$853K10xas long as short
Aster WLDUSDT+0.0100%8h0.4517+0.169%$226K$1.1M50xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica WLD+0.0100%1h0.4515+0.131%$50K$541K5xas long as short
Binance WLDUSDT+0.0100%8h0.4515+0.126%$85.9M$337.1M75xas long as short
Bybit WLDUSDT+0.0100%8h0.4514+0.111%$64.2M$91.8M50xas long as short
OKX WLD-USDT-SWAP+0.0100%8h0.4515+0.133%$34.1M$153.3M50xas long as short
Gate WLD_USDTshort+0.0100%8h0.4515+0.133%$7.2M$36.7M75x
MEXC WLD_USDT+0.0100%8h0.4514+0.111%$38.9M$55.5M300xas long as short
Bitget WLDUSDT+0.0100%8h0.4514+0.111%$29.8M$30.9M75xas long as short
BingX WLD-USDT+0.0100%8h0.4516+0.155%$68.1Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4514+0.111%$134K$304K10xas long as short
Variational Omni WLD+0.0100%8h0.4526+0.371%$2.0M$1.7Mas long as short
edgeX WLDUSDC+0.0100%4h0.4514+0.122%$27K$320K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4528+0.430%$594K$2.0M10xas long as short
ApeX Omni WLDUSDT+0.0100%1h0.4523+0.310%$48K$240K50xas long as short
SunX WLD-USDT+0.0100%8h0.4532+0.510%$23K$1.6M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4520+0.244%$208$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4520+0.244%$826K$1.8M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4521+0.266%$1.8M$3.7M50xas long as short
Extended WLD-USD+0.0104%1h0.4514+0.106%$221K$999K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4523+0.310%$31K$6003xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4514+0.117%20xas long as short
Phoenix WLD+0.0142%1h0.4523+0.310%$5K$52K10xas long as short
Injective WLD/USDC PERP+0.0176%1h0.4519+0.222%$6K$185K5.5xas long as short
Lighter WLD+0.0192%1h0.4518+0.204%$4.9M$2.9M10xas long as short
GMX WLD/USD [ETH-USDC]L +0.0219% / S −0.0967%1h0.4523+0.320%$4K100xas long as short
BloFin WLD-USDT+0.0220%8h0.4528+0.421%$4.8M$930K75xas long as short
Hyperliquid WLD+0.0345%1h0.4517+0.189%$49.0M$44.1M10xas long as short
Kraken Futures PF_WLDUSD+0.0501%1h0.4521+0.261%$865K$2.9M50xas long as short
Coinbase International WLD-PERP-INTX+0.0536%1h0.4532+0.510%$267K$1.7M50xas long as short