Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.015%

Price spread now: Extended against OKX−0.020%7-day average −0.021% · you buy dearer than you sell

Net, funding: paid 7d − costs+$14as in the Funding arb table

Net, price: spread back to 7d avg − costs−$27as in the Price arb table

costs, in and out, $10k−$270.273% of the position

Long on OKX Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.410%+$41 on $10k

Price spread, last 4 days (all we have)+0.020%+$2 · spread now −0.020%, 7d avg −0.021%

Together, before fees+0.429%+ Points / potential airdropExtended: Active · farm board+$43 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX WLD-USDT-SWAP	0.4607	0.0100	pay 0.0100% / 8h	1h 05m	$34.4M	$142.4M	50x
Short	Extended WLD-USD	0.4606	0.0104	get 0.0013% / 1h	5m 40s	$241K	$855K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now −0.020%Rate

Funding earned: $0.84
Price spread: −0.020% → −0.021%: $0.11
Slippage, 4 orders: −$12.29
Fee OKX: 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$26.34
Costs to cover: 0.273%
Break-even: 226.5 days

Slippage from OKX: live order book, 3 min ago; Extended: live order book, 12 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	1.09 bp	6.5 bp −$7	14.4 bp −$144	doesn't fit	doesn't fit
Sell Extended live order book, 12 min ago	2.18 bp	6.0 bp −$6	14.4 bp −$144	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
Kalshi KXWLDPERP	−0.0278%	8h	0.4593	−0.304%	$61K	$3.8M	1.7x	as long as short
Injective WLD/USDC PERP	−0.0079%	1h	0.4578	−0.629%	$6K	$185K	5.5x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4598	−0.199%	$164K	$13K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4599	−0.174%	$109K	$900K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4599	−0.174%	$57K	—	150x	as long as short
KuCoin WLDUSDTM	+0.0006%	8h	0.4601	−0.130%	$7.0M	$10.8M	50x	as long as short
Orderly PERP_WLD_USDC	+0.0006%	8h	0.4598	−0.195%	$28K	$911K	10x	as long as short
Nado WLD-PERP	+0.0048%	1h	0.4595	−0.271%	$277K	$169K	5x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4597	−0.219%	$195K	$999K	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4600	−0.156%	$53K	$481K	5x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance WLDUSDT	+0.0100%	8h	0.4601	−0.140%	$87.0M	$297.3M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4606	−0.022%	$66.0M	$82.1M	50x	as long as short
OKX WLD-USDT-SWAPlong	+0.0100%	8h	0.4607	long leg	$34.4M	$142.4M	50x
Gate WLD_USDT	+0.0100%	8h	0.4606	−0.022%	$7.5M	$35.4M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4607	0.000%	$49.6M	$52.3M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4606	−0.022%	$30.4M	$25.5M	75x	as long as short
BingX WLD-USDT	+0.0100%	8h	0.4606	−0.022%	—	$67.7M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4598	−0.202%	$130K	$269K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4571	−0.784%	$2.1M	$1.6M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4584	−0.493%	$27K	$316K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4591	−0.340%	$617K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4588	−0.412%	$55K	$227K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4601	−0.122%	$41K	$1.6M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4603	−0.087%	$23K	$1.5M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4597	−0.217%	$204	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4593	−0.304%	$867K	$1.8M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4596	−0.239%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USDshort	+0.0104%	1h	0.4606	−0.020%	$241K	$855K	10x
Aevo WLD-PERP	+0.0104%	1h	0.4599	−0.166%	$31K	$5K	3x	as long as short
Phoenix WLD	+0.0124%	1h	0.4583	−0.517%	$5K	$53K	10x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4599	−0.176%	—	—	20x	as long as short
Kraken Futures PF_WLDUSD	+0.0185%	1h	0.4601	−0.135%	$919K	$2.6M	50x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4592	−0.326%	$4.9M	$816K	75x	as long as short
01 Exchange WLDUSD	+0.0256%	1h	0.4609	+0.048%	$330	$77	5x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0260% / S −0.2221%	1h	0.4599	−0.179%	$9K	—	100x	as long as short
Coinbase International WLD-PERP-INTX	+0.0424%	1h	0.4604	−0.065%	$271K	$1.6M	50x	as long as short
Hyperliquid WLD	+0.0675%	1h	0.4604	−0.067%	$50.0M	$43.0M	10x	as long as short
Lighter WLD	+0.1032%	1h	0.4610	+0.054%	$5.2M	$2.1M	10x	as long as short