Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.005%

Price spread now: Bitget against Pacifica−0.032%7-day average −0.077% · you buy dearer than you sell

Net, funding: paid 7d − costs−$47as in the Funding arb table

Net, price: spread back to 7d avg − costs−$39as in the Price arb table

costs, in and out, $10k−$430.430% of the position

Long on Pacifica Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.039%−$4 on $10k

Price spread, last 4 days (all we have)−0.541%−$54 · spread now −0.032%, 7d avg −0.077%

Together, before fees−0.580%+ Points / potential airdropPacifica: Active · farm board−$58 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 0.045% dearer against Pacifica than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.077%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica WLD	0.4555	0.0100	pay 0.0013% / 1h	10m 00s	$56K	$546K	5x
Short	Bitget WLDUSDT	0.4554	0.0100	get 0.0100% / 8h	7h 10m	$30.0M	$30.9M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Pacifica. 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 PacificabpFee BitgetbpOrdersPrice spread, now −0.032%Rate

Funding earned: $0
Price spread: −0.032% → −0.077%: $4.49
Slippage, 4 orders: −$23.02
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$38.53
Costs to cover: 0.430%
Break-even: never at this rate

Slippage from Pacifica: live order book, 24 min ago; Bitget: live order book, 4 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 Pacifica live order book, 24 min ago	2.23 bp	10.0 bp −$10	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 4 min ago	1.10 bp	9.5 bp −$10	18.5 bp −$185	61.2 bp −$6,118	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	−0.0040%	1h	0.4555	−0.010%	$236K	$171K	5x	as long as short
Kalshi KXWLDPERP	0.0000%	8h	0.4553	−0.054%	$35K	$4.6M	1.7x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4556	+0.012%	$117K	$971K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4554	−0.031%	$66K	—	150x	as long as short
Orderly PERP_WLD_USDC	+0.0098%	8h	0.4555	−0.010%	$27K	$539K	10x	as long as short
Hyperliquid WLD	+0.0100%	1h	0.4562	+0.139%	$50.6M	$43.2M	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4557	+0.032%	$220K	$1.0M	50x	as long as short
Pacifica WLDlong	+0.0100%	1h	0.4555	long leg	$56K	$546K	5x
Binance WLDUSDT	+0.0100%	8h	0.4553	−0.046%	$87.0M	$331.6M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4552	−0.076%	$65.4M	$89.3M	50x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4551	−0.098%	$34.6M	$150.3M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4556	+0.012%	$7.2M	$35.1M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4557	+0.034%	$41.8M	$57.2M	300x	as long as short
KuCoin WLDUSDTM	+0.0100%	8h	0.4555	−0.010%	$6.7M	$11.6M	50x	as long as short
Bitget WLDUSDTshort	+0.0100%	8h	0.4554	−0.032%	$30.0M	$30.9M	75x
BingX WLD-USDC	+0.0100%	8h	0.4556	+0.012%	—	$1.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4558	+0.049%	$128K	$285K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4560	+0.094%	$2.1M	$1.5M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4540	−0.347%	$27K	$323K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4544	−0.252%	$603K	$2.2M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4528	−0.603%	$48K	$237K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4556	+0.012%	$49K	$2.6M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4560	+0.100%	$23K	$1.5M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4557	+0.034%	$226	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4554	−0.032%	$835K	$1.4M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4556	+0.012%	$1.7M	$3.6M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4554	−0.037%	$215K	$907K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4556	+0.004%	$31K	$500	3x	as long as short
Injective WLD/USDC PERP	+0.0109%	1h	0.4508	−1.042%	$6K	$185K	5.5x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4558	+0.050%	—	—	20x	as long as short
Lighter WLD	+0.0136%	1h	0.4561	+0.126%	$5.0M	$3.0M	10x	as long as short
dYdX WLD-USD	+0.0144%	1h	0.4555	−0.016%	$155K	$31K	10x	as long as short
01 Exchange WLDUSD	+0.0160%	1h	0.4559	+0.078%	$326	$55	5x	as long as short
Phoenix WLD	+0.0194%	1h	0.4542	−0.293%	$4K	$44K	10x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0219% / S −0.0967%	1h	0.4555	−0.005%	$4K	—	100x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4550	−0.120%	$4.4M	$960K	75x	as long as short
Kraken Futures PF_WLDUSD	+0.0300%	1h	0.4559	+0.088%	$904K	$2.7M	50x	as long as short
Coinbase International WLD-PERP-INTX	+0.0440%	1h	0.4562	+0.144%	$270K	$1.6M	50x	as long as short