Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.009%

Price spread now: Bitget against MEXC−0.088%7-day average −0.030% · you buy dearer than you sell

Net, funding: paid 7d − costs−$22as in the Funding arb table

Net, price: spread back to 7d avg − costs−$34as in the Price arb table

costs, in and out, $10k−$280.284% of the position

Long on MEXC Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.068%+$7 on $10k

Price spread, last 7 days+0.061%+$6 · spread now −0.088%, 7d avg −0.030%

Together, before fees+0.129%+$13 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.058% cheaper against MEXC than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.030%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC WLD_USDT	0.4548	0.0100	pay 0.0100% / 8h	3h 25m	$41.5M	$54.7M	300x
Short	Bitget WLDUSDT	0.4544	0.0100	get 0.0100% / 8h	3h 25m	$30.0M	$30.0M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against MEXC. 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 MEXCbpFee BitgetbpOrdersPrice spread, now −0.088%Rate

Funding earned: $0
Price spread: −0.088% → −0.030%: −$5.84
Slippage, 4 orders: −$16.38
Fee MEXC: 0 bp × 2 orders: $0
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$34.21
Costs to cover: 0.284%
Break-even: never at this rate

Slippage from MEXC: live order book, 3 min ago; Bitget: live order book, 3 min ago.

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 MEXC live order book, 3 min ago	1.10 bp	2.0 bp −$2	5.5 bp −$55	23.0 bp −$2,300	79.0 bp −$39.5K
Sell Bitget live order book, 3 min ago	1.10 bp	13.5 bp −$14	25.6 bp −$256	47.1 bp −$4,711	doesn't fit

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
Nado WLD-PERP	−0.0031%	1h	0.4543	−0.099%	$241K	$205K	5x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4548	−0.009%	$155K	$33K	10x	as long as short
Kalshi KXWLDPERP	0.0000%	8h	0.4558	+0.220%	$60K	$4.6M	1.7x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4548	0.000%	$123K	$939K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4548	0.000%	$66K	—	150x	as long as short
KuCoin WLDUSDTM	+0.0025%	8h	0.4546	−0.044%	$6.9M	$11.7M	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4550	+0.051%	$39K	$2.1M	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4550	+0.047%	$209K	$1.1M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4549	+0.026%	$49K	$524K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4549	+0.022%	$86.8M	$329.8M	75x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit WLDUSDT	+0.0100%	8h	0.4547	−0.022%	$64.7M	$89.8M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4547	−0.022%	$34.4M	$150.7M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4545	−0.066%	$7.3M	$36.5M	75x	as long as short
MEXC WLD_USDTlong	+0.0100%	8h	0.4548	long leg	$41.5M	$54.7M	300x
Bitget WLDUSDTshort	+0.0100%	8h	0.4544	−0.088%	$30.0M	$30.0M	75x
BingX WLD-USDT	+0.0100%	8h	0.4547	−0.022%	—	$67.7M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4547	−0.022%	$136K	$301K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4546	−0.051%	$2.1M	$1.6M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4569	+0.467%	$27K	$318K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4562	+0.308%	$600K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4580	+0.704%	$43K	$238K	50x	as long as short
Orderly PERP_WLD_USDC	+0.0100%	8h	0.4547	−0.022%	$28K	$868K	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4552	+0.088%	$23K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4546	−0.044%	$206	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4549	+0.022%	$831K	$1.8M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4549	+0.022%	$1.8M	$3.6M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4543	−0.105%	$216K	$984K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4547	−0.015%	$31K	$600	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4545	−0.062%	—	—	20x	as long as short
Injective WLD/USDC PERP	+0.0142%	1h	0.4576	+0.616%	$6K	$185K	5.5x	as long as short
Phoenix WLD	+0.0157%	1h	0.4584	+0.796%	$5K	$52K	10x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4554	+0.132%	$4.9M	$890K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0229% / S −0.1268%	1h	0.4547	−0.013%	$5K	—	100x	as long as short
01 Exchange WLDUSD	+0.0288%	1h	0.4550	+0.042%	$326	$55	5x	as long as short
Hyperliquid WLD	+0.0394%	1h	0.4553	+0.110%	$50.0M	$43.4M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.0522%	1h	0.4548	−0.009%	$884K	$2.9M	50x	as long as short
Coinbase International WLD-PERP-INTX	+0.0560%	1h	0.4556	+0.176%	$266K	$1.6M	50x	as long as short
Lighter WLD	+0.0824%	1h	0.4557	+0.204%	$5.2M	$2.6M	10x	as long as short