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 −0.016%

Price spread now: Variational Omni against OKX+0.421%7-day average −0.018% · you sell dearer than you buy

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

Long on OKX Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.014%−$1 on $10k

Price spread, last 7 days−0.447%−$45 · spread now +0.421%, 7d avg −0.018%

Together, before fees−0.460%+ Points / potential airdropVariational Omni: Active · farm board−$46 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: Variational Omni is 0.439% dearer against OKX than usual: you sell high and buy low, +$44 on $10k if it goes back to its 7-day average of −0.018%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX WLD-USDT-SWAP	0.4470	0.0100	pay 0.0100% / 8h	2h 27m	$33.7M	$152.5M	50x
Short	Variational Omni WLD	0.4489	0.0100	get 0.0100% / 8h	2h 27m	$2.0M	$1.7M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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 Variational OmnibpOrdersPrice spread, now +0.421%Rate

Funding earned: $0
Price spread: +0.421% → −0.018%: $43.9
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $33.9
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: OKX: live order book, 1 min ago; Variational Omni: RFQ quote, 1 min ago. 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 OKX live order book, 1 min ago	1.12 bp	7.0 bp −$7	15.7 bp −$157	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 1 min ago	4.46 bp	doesn't fit	20.1 bp −$201	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
Nado WLD-PERP	−0.0050%	1h	0.4471	+0.034%	$240K	$207K	5x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4473	+0.061%	$153K	$33K	10x	as long as short
Kalshi KXWLDPERP	0.0000%	8h	0.4477	+0.157%	$68K	$4.9M	1.7x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4471	+0.022%	$143K	$1.0M	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4469	−0.027%	$65K	—	150x	as long as short
Polymarket Perps WLD-USD	+0.0040%	1h	0.4469	−0.034%	$39K	$2.4M	10x	as long as short
KuCoin WLDUSDTM	+0.0043%	8h	0.4471	+0.022%	$6.7M	$11.9M	50x	as long as short
01 Exchange WLDUSD	+0.0056%	1h	0.4471	+0.031%	$320	$55	5x	as long as short
Orderly PERP_WLD_USDC	+0.0098%	8h	0.4469	−0.022%	$28K	$811K	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4479	+0.198%	$223K	$1.1M	50x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica WLD	+0.0100%	1h	0.4474	+0.089%	$50K	$542K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4473	+0.067%	$85.3M	$338.9M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4470	0.000%	$63.6M	$91.9M	50x	as long as short
OKX WLD-USDT-SWAPlong	+0.0100%	8h	0.4470	long leg	$33.7M	$152.5M	50x
Gate WLD_USDT	+0.0100%	8h	0.4471	+0.022%	$7.3M	$37.2M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4472	+0.045%	$38.5M	$55.7M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4472	+0.045%	$29.4M	$31.0M	75x	as long as short
BingX WLD-USDT	+0.0100%	8h	0.4472	+0.045%	—	$70.1M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4475	+0.121%	$133K	$305K	10x	as long as short
Variational Omni WLDshort	+0.0100%	8h	0.4489	+0.421%	$2.0M	$1.7M	—
edgeX WLDUSDC	+0.0100%	4h	0.4489	+0.430%	$27K	$321K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4494	+0.537%	$597K	$2.0M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4488	+0.403%	$48K	$241K	50x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4476	+0.134%	$22K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4470	0.000%	$201	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4469	−0.022%	$818K	$1.7M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4472	+0.045%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4470	+0.006%	$219K	$999K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4471	+0.012%	$30K	$600	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4468	−0.038%	—	—	20x	as long as short
Phoenix WLD	+0.0142%	1h	0.4490	+0.445%	$5K	$52K	10x	as long as short
Lighter WLD	+0.0144%	1h	0.4477	+0.159%	$4.9M	$2.9M	10x	as long as short
Injective WLD/USDC PERP	+0.0176%	1h	0.4513	+0.962%	$6K	$185K	5.5x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0219% / S −0.0967%	1h	0.4467	−0.069%	$4K	—	100x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4490	+0.447%	$4.8M	$920K	75x	as long as short
Hyperliquid WLD	+0.0283%	1h	0.4475	+0.107%	$48.4M	$44.2M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.0507%	1h	0.4474	+0.092%	$853K	$2.9M	50x	as long as short
Coinbase International WLD-PERP-INTX	+0.0536%	1h	0.4476	+0.134%	$273K	$1.6M	50x	as long as short