Settings8H · net · $10k
Funding arb · Price arb /

WLD

all WLD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment $0.13 per $10,000 · paid last 24h −0.027%
Price spread now: dYdX against Pacifica+0.029%7-day average −0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$138as in the Funding arb table
Net, price: spread back to 7d avg − costs−$114as in the Price arb table
costs, in and out, $10k−$1181.176% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.201%−$20 on $10k
Price spread, last 4 days (all we have)−0.065%−$6 · spread now +0.029%, 7d avg −0.010%
Together, before fees−0.266%+ Points / potential airdropPacifica: Active · farm board−$27 on $10k · with fees, hour by hour
The price spread pays, funding is against you. dYdX is 0.040% dearer against Pacifica than usual: you sell high and buy low (spread +0.029% now, against its 7-day average of −0.010%): +$4 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 32 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica WLD0.45050.0100pay 0.0013% / 1h18m 36s$54K$546K5x
ShortdYdX WLD-USD0.45060get 0.0000% / 1h18m 36s$154K$32K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX 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

Funding earned
−$21
Price spread: +0.029% → −0.010%
$3.97
Slippage, 4 orders
−$99.58
Fee Pacifica: 4 bp × 2 orders
−$8
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$134.61
Costs to cover
1.176%
Break-even
never at this rate
Slippage from Pacifica: live order book, 20 min ago; dYdX: live order book, 20 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Pacifica live order book, 20 min ago3.31 bp13.3 bp −$13doesn't fitdoesn't fitdoesn't fit
Sell dYdX live order book, 20 min ago38.55 bp49.1 bp −$4988.9 bp −$889205.5 bp −$20.6K649.4 bp −$324.7K

WLD on 38 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective WLD/USDC PERP−0.0309%1h0.4531+0.581%$6K$185K5.5xas long as short
Nado WLD-PERP−0.0027%1h0.4505−0.007%$235K$175K5xas long as short
dYdX WLD-USDshort0.0000%1h0.4506+0.029%$154K$32K10x
Kalshi KXWLDPERP0.0000%8h0.4504−0.018%$58K$4.7M1.7xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4508+0.069%$65K150xas long as short
Orderly PERP_WLD_USDC+0.0099%8h0.4508+0.071%$27K$686K10xas long as short
Aster WLDUSDT+0.0100%8h0.4506+0.019%$228K$1.0M50xas long as short
Pacifica WLDlong+0.0100%1h0.4505long leg$54K$546K5x
Binance WLDUSDT+0.0100%8h0.4505+0.004%$86.3M$334.4M75xas long as short
Bybit WLDUSDT+0.0100%8h0.4503−0.040%$63.7M$89.9M50xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX WLD-USDT-SWAP+0.0100%8h0.4504−0.018%$34.1M$150.9M50xas long as short
Gate WLD_USDT+0.0100%8h0.4506+0.026%$7.0M$35.9M75xas long as short
MEXC WLD_USDT+0.0100%8h0.4507+0.048%$41.7M$56.9M300xas long as short
KuCoin WLDUSDTM+0.0100%8h0.4506+0.026%$6.6M$11.6M50xas long as short
Bitget WLDUSDT+0.0100%8h0.4504−0.018%$29.8M$31.0M75xas long as short
BingX WLD-USDC+0.0100%8h0.4504−0.018%$1.3Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4511+0.135%$131K$297K10xas long as short
Variational Omni WLD+0.0100%8h0.4481−0.535%$2.0M$1.5Mas long as short
edgeX WLDUSDC+0.0100%4h0.4485−0.435%$27K$320K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4488−0.373%$590K$2.1M10xas long as short
ApeX Omni WLDUSDT+0.0100%1h0.4490−0.329%$48K$238K50xas long as short
Polymarket Perps WLD-USD+0.0100%1h0.4506+0.028%$50K$2.7M10xas long as short
SunX WLD-USDT+0.0100%8h0.4514+0.204%$23K$1.6M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4510+0.115%$216$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4501−0.085%$823K$1.5M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4510+0.115%$1.7M$3.6M50xas long as short
Extended WLD-USD+0.0104%1h0.4503−0.032%$207K$880K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4511+0.126%$31K$5003xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4503−0.045%20xas long as short
Lighter WLD+0.0144%1h0.4510+0.106%$4.9M$2.9M10xas long as short
Phoenix WLD+0.0177%1h0.4487−0.384%$4K$43K10xas long as short
01 Exchange WLDUSD+0.0216%1h0.4509+0.086%$323$555xas long as short
GMX WLD/USD [ETH-USDC]L +0.0219% / S −0.0967%1h0.4508+0.070%$4K100xas long as short
BloFin WLD-USDT+0.0220%8h0.4511+0.137%$4.8M$906K75xas long as short
Hyperliquid WLD+0.0389%1h0.4512+0.170%$50.1M$43.3M10xas long as short
Deribit WLD_USDC-PERPETUAL+0.0415%1h0.4511+0.137%$136K$986K25xas long as short
Coinbase International WLD-PERP-INTX+0.0448%1h0.4512+0.159%$269K$1.6M50xas long as short
Kraken Futures PF_WLDUSD+0.0458%1h0.4512+0.151%$864K$2.8M50xas long as short