Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: edgeX against Pacifica+0.364%7-day average −0.048% · you sell dearer than you buy

Net, funding: paid 7d − costs−$42as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1as in the Price arb table

costs, in and out, $10k−$420.424% of the position

Long on Pacifica Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 4 days (all we have)+0.763%+$76 · spread now +0.364%, 7d avg −0.048%

Together, before fees+0.763%+ Points / potential airdropPacifica: Active · edgeX: Active · farm board+$76 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: edgeX is 0.411% dearer against Pacifica than usual: you sell high and buy low, +$41 on $10k if it goes back to its 7-day average of −0.048%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica WLD	0.4702	0.0100	pay 0.0013% / 1h	47m 16s	$56K	$493K	5x
Short	edgeX WLDUSDC	0.4719	0.0100	get 0.0050% / 4h	2h 47m	$28K	$318K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now +0.364%Rate

Funding earned: $0
Price spread: +0.364% → −0.048%: $41.12
Slippage, 4 orders: −$25.4
Fee Pacifica: 4 bp × 2 orders: −$8
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$1.28
Costs to cover: 0.424%
Break-even: never at this rate

Slippage from Pacifica: live order book, 21 min ago; edgeX: live order book, 21 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, 21 min ago	2.12 bp	14.9 bp −$15	doesn't fit	doesn't fit	doesn't fit
Sell edgeX live order book, 21 min ago	4.22 bp	8.9 bp −$9	16.4 bp −$164	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	−0.581%	$6K	$185K	5.5x	as long as short
Kalshi KXWLDPERP	−0.0153%	8h	0.4711	+0.185%	$28K	$4.2M	1.7x	as long as short
KuCoin WLDUSDTM	−0.0033%	8h	0.4696	−0.134%	$7.0M	$11.4M	50x	as long as short
Nado WLD-PERP	−0.0011%	1h	0.4696	−0.124%	$273K	$178K	5x	as long as short
ApeX Omni WLDUSDT	−0.0010%	1h	0.4718	+0.333%	$52K	$240K	50x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4701	−0.023%	$160K	$19K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4697	−0.113%	$132K	$909K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4700	−0.053%	$67K	—	150x	as long as short
Orderly PERP_WLD_USDC	+0.0053%	8h	0.4693	−0.198%	$29K	$898K	10x	as long as short
Phoenix WLD	+0.0068%	1h	0.4716	+0.295%	$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	0.4702	−0.017%	$180K	$1.0M	50x	as long as short
Pacifica WLDlong	+0.0100%	1h	0.4702	long leg	$56K	$493K	5x
Binance WLDUSDT	+0.0100%	8h	0.4696	−0.134%	$89.8M	$319.4M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4693	−0.198%	$67.7M	$85.6M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4692	−0.219%	$35.5M	$152.4M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4697	−0.113%	$7.5M	$36.7M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4696	−0.134%	$47.9M	$54.7M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4689	−0.283%	$31.4M	$28.5M	75x	as long as short
BingX WLD-USDT	+0.0100%	8h	0.4697	−0.113%	—	$67.5M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4708	+0.119%	$142K	$286K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4706	+0.073%	$2.1M	$1.7M	—	as long as short
edgeX WLDUSDCshort	+0.0100%	4h	0.4719	+0.364%	$28K	$318K	20x
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4719	+0.355%	$625K	$1.9M	10x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4699	−0.079%	$67K	$1.9M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4703	+0.014%	$24K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4692	−0.219%	$226	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4696	−0.134%	$889K	$1.9M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4697	−0.113%	$1.9M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4688	−0.308%	$216K	$876K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4689	−0.287%	$32K	$600	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4694	−0.182%	—	—	20x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4719	+0.355%	$5.0M	$878K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0239% / S −0.1538%	1h	0.4699	−0.064%	$6K	—	100x	as long as short
01 Exchange WLDUSD	+0.0328%	1h	0.4706	+0.070%	$337	$77	5x	as long as short
Coinbase International WLD-PERP-INTX	+0.0456%	1h	0.4696	−0.134%	$278K	$1.7M	50x	as long as short
Kraken Futures PF_WLDUSD	+0.0637%	1h	0.4695	−0.162%	$932K	$2.8M	50x	as long as short
Hyperliquid WLD	+0.0740%	1h	0.4704	+0.034%	$52.7M	$44.5M	10x	as long as short
Lighter WLD	+0.0832%	1h	0.4708	+0.121%	$5.3M	$2.1M	10x	as long as short