Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0146%/8h= +16.0% APRpaid last 24h +0.021%

Price spread now: SoDEX against KuCoin+0.022%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on KuCoin Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and SoDEX is 0.022% dearer against KuCoin than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin WLDUSDTM	0.4637	−0.0046	get 0.0046% / 8h	6h 35m	$7.0M	$11.4M	50x
Short	SoDEX WLD-USD	0.4638	0.0100	get 0.0013% / 1h	35m 35s	$220	$5K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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

Position, each leg$Hold fordaysFee KuCoinbpFee SoDEXbpOrdersPrice spread, now +0.022%Rate

Funding earned: $30.66
Price spread: +0.022% → 0.000%: $2.16
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee SoDEX: 4 bp × 2 orders: −$8
Net: $12.82
Costs to cover: 0.200%
Break-even: 4.1 days

Slippage unknown: KuCoin: live order book, 8 min ago; SoDEX: no order-book sample. Net counts fees only.

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 KuCoin live order book, 8 min ago	3.21 bp	29.4 bp −$29	46.4 bp −$464	doesn't fit	doesn't fit
Sell SoDEX no order-book sample	—	—	—	—	—

SoDEX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

WLD on 38 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	0.4615	−0.474%	$6K	$185K	5.5x	as long as short
Kalshi KXWLDPERP	−0.0163%	8h	0.4628	−0.194%	$30K	$4.4M	1.7x	as long as short
KuCoin WLDUSDTMlong	−0.0046%	8h	0.4637	long leg	$7.0M	$11.4M	50x
Nado WLD-PERP	−0.0008%	1h	0.4641	+0.086%	$269K	$178K	5x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4638	+0.023%	$158K	$19K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4639	+0.043%	$128K	$911K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4644	+0.146%	$67K	—	150x	as long as short
ApeX Omni WLDUSDT	+0.0006%	1h	0.4622	−0.323%	$51K	$241K	50x	as long as short
Orderly PERP_WLD_USDC	+0.0056%	8h	0.4642	+0.108%	$28K	$898K	10x	as long as short
Gate WLD_USDT	+0.0062%	8h	0.4638	+0.022%	$7.3M	$37.3M	75x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phoenix WLD	+0.0068%	1h	0.4673	+0.768%	$5K	$54K	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4639	+0.035%	$177K	$1.0M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4641	+0.076%	$57K	$509K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4641	+0.086%	$88.1M	$323.6M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4640	+0.065%	$66.3M	$87.0M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4642	+0.108%	$34.9M	$151.5M	50x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4639	+0.043%	$46.8M	$55.5M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4637	0.000%	$30.8M	$29.0M	75x	as long as short
BingX WLD-USDC	+0.0100%	8h	0.4638	+0.022%	—	$1.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4644	+0.151%	$137K	$291K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4642	+0.103%	$2.1M	$1.7M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4616	−0.457%	$28K	$317K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4612	−0.538%	$605K	$1.9M	10x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4642	+0.112%	$51K	$2.1M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4647	+0.216%	$23K	$1.6M	50x	as long as short
SoDEX WLD-USDshort	+0.0100%	1h	0.4638	+0.022%	$220	$5K	10x
HTX WLD-USDT	+0.0100%	8h	0.4641	+0.086%	$879K	$1.9M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4642	+0.108%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4636	−0.015%	$214K	$885K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4638	+0.029%	$31K	$600	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4638	+0.028%	—	—	20x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4719	+1.768%	$5.0M	$878K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0239% / S −0.1538%	1h	0.4643	+0.126%	$6K	—	100x	as long as short
01 Exchange WLDUSD	+0.0264%	1h	0.4644	+0.149%	$332	$77	5x	as long as short
Coinbase International WLD-PERP-INTX	+0.0456%	1h	0.4646	+0.194%	$275K	$1.7M	50x	as long as short
Hyperliquid WLD	+0.0605%	1h	0.4646	+0.190%	$51.9M	$44.0M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.0645%	1h	0.4641	+0.077%	$908K	$2.8M	50x	as long as short
Lighter WLD	+0.0832%	1h	0.4651	+0.311%	$5.3M	$2.1M	10x	as long as short