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 +0.006%

Price spread now: Bitget against OKX−0.043%7-day average −0.008% · you buy dearer than you sell

Net, funding: paid 7d − costs−$36as in the Funding arb table

Net, price: spread back to 7d avg − costs−$45as in the Price arb table

costs, in and out, $10k−$410.413% of the position

Long on OKX Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.057%+$6 on $10k

Price spread, last 7 days+0.038%+$4 · spread now −0.043%, 7d avg −0.008%

Together, before fees+0.095%+$10 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 0.035% cheaper against OKX than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.008%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX WLD-USDT-SWAP	0.4683	0.0100	pay 0.0100% / 8h	6h 46m	$35.4M	$152.1M	50x
Short	Bitget WLDUSDT	0.4681	0.0100	get 0.0100% / 8h	6h 46m	$31.3M	$28.5M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against OKX. 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 OKXbpFee BitgetbpOrdersPrice spread, now −0.043%Rate

Funding earned: $0
Price spread: −0.043% → −0.008%: −$3.49
Slippage, 4 orders: −$19.34
Fee OKX: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$44.83
Costs to cover: 0.413%
Break-even: never at this rate

Slippage from OKX: live order book, 3 min ago; Bitget: live order book, 2 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 OKX live order book, 3 min ago	1.06 bp	9.4 bp −$9	22.7 bp −$227	doesn't fit	doesn't fit
Sell Bitget live order book, 2 min ago	2.13 bp	10.0 bp −$10	19.8 bp −$198	doesn't fit	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
Injective WLD/USDC PERP	−0.0235%	1h	0.4675	−0.171%	$6K	$185K	5.5x	as long as short
Kalshi KXWLDPERP	−0.0153%	8h	0.4711	+0.598%	$28K	$4.2M	1.7x	as long as short
KuCoin WLDUSDTM	−0.0035%	8h	0.4676	−0.149%	$7.0M	$11.4M	50x	as long as short
ApeX Omni WLDUSDT	−0.0010%	1h	0.4718	+0.747%	$52K	$240K	50x	as long as short
Nado WLD-PERP	−0.0009%	1h	0.4678	−0.096%	$272K	$178K	5x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4678	−0.101%	$160K	$19K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4684	+0.021%	$132K	$909K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4681	−0.047%	$67K	—	150x	as long as short
Orderly PERP_WLD_USDC	+0.0054%	8h	0.4682	−0.021%	$28K	$898K	10x	as long as short
Phoenix WLD	+0.0068%	1h	0.4716	+0.709%	$5K	$54K	10x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster WLDUSDT	+0.0100%	8h	0.4685	+0.050%	$179K	$1.0M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4684	+0.030%	$56K	$493K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4682	−0.021%	$89.6M	$319.5M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4681	−0.043%	$67.5M	$85.7M	50x	as long as short
OKX WLD-USDT-SWAPlong	+0.0100%	8h	0.4683	long leg	$35.4M	$152.1M	50x
Gate WLD_USDT	+0.0100%	8h	0.4678	−0.107%	$7.4M	$36.7M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4682	−0.021%	$47.8M	$54.7M	300x	as long as short
Bitget WLDUSDTshort	+0.0100%	8h	0.4681	−0.043%	$31.3M	$28.5M	75x
BingX WLD-USDC	+0.0100%	8h	0.4682	−0.021%	—	$1.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4695	+0.252%	$142K	$286K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4677	−0.133%	$2.1M	$1.7M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4719	+0.778%	$28K	$318K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4719	+0.769%	$625K	$1.9M	10x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4684	+0.017%	$67K	$1.9M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4689	+0.128%	$24K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4683	0.000%	$223	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4696	+0.278%	$889K	$1.9M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4697	+0.299%	$1.9M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4682	−0.015%	$216K	$876K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4684	+0.011%	$32K	$600	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4680	−0.069%	—	—	20x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4719	+0.769%	$5.0M	$878K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0239% / S −0.1538%	1h	0.4681	−0.033%	$6K	—	100x	as long as short
01 Exchange WLDUSD	+0.0328%	1h	0.4686	+0.064%	$335	$77	5x	as long as short
Coinbase International WLD-PERP-INTX	+0.0456%	1h	0.4689	+0.128%	$277K	$1.7M	50x	as long as short
Kraken Futures PF_WLDUSD	+0.0639%	1h	0.4686	+0.062%	$930K	$2.8M	50x	as long as short
Hyperliquid WLD	+0.0721%	1h	0.4687	+0.094%	$52.5M	$44.5M	10x	as long as short
Lighter WLD	+0.0824%	1h	0.4690	+0.149%	$5.3M	$2.1M	10x	as long as short