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

WLD

all WLD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Pacifica against Phemex+0.051%7-day average +0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$116as in the Funding arb table
Net, price: spread back to 7d avg − costs−$112as in the Price arb table
costs, in and out, $10k−$1161.157% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 3 days (all we have)−0.192%−$19 · spread now +0.051%, 7d avg +0.015%
Together, before fees−0.192%+ Points / potential airdropPacifica: Active · farm board−$19 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: Pacifica is 0.036% dearer against Phemex than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.015%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex WLDUSDT0.45650.0100pay 0.0100% / 8h21m 09s$1.8M$3.7M50x
ShortPacifica WLD0.45670.0100get 0.0013% / 1h21m 09s$53K$483K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against Phemex. 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
$0
Price spread: +0.051% → +0.015%
$3.57
Slippage, 4 orders
−$95.72
Fee Phemex: 6 bp × 2 orders
−$12
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$112.14
Costs to cover
1.157%
Break-even
never at this rate
Slippage from Phemex: live order book, 3 min ago; Pacifica: live order book, 57 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 Phemex live order book, 3 min ago5.48 bp46.1 bp −$46doesn't fitdoesn't fitdoesn't fit
Sell Pacifica live order book, 57 min ago1.09 bp7.0 bp −$7doesn't fitdoesn't fitdoesn't fit

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
Kalshi KXWLDPERP−0.0190%8h0.4567+0.044%$64K$3.9M1.7xas long as short
dYdX WLD-USD0.0000%1h0.4567+0.049%$163K$13K10xas long as short
Deribit WLD_USDC-PERPETUAL0.0000%1h0.4566+0.022%$113K$886K25xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4566+0.027%$56K150xas long as short
KuCoin WLDUSDTM+0.0008%8h0.4564−0.022%$6.9M$11.0M50xas long as short
Orderly PERP_WLD_USDC+0.0031%8h0.45650.000%$28K$907K10xas long as short
Nado WLD-PERP+0.0041%1h0.45650.000%$275K$169K5xas long as short
Aster WLDUSDT+0.0100%8h0.4567+0.044%$191K$1.0M50xas long as short
Pacifica WLDshort+0.0100%1h0.4567+0.051%$53K$483K5x
Binance WLDUSDT+0.0100%8h0.45650.000%$86.0M$302.0M75xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit WLDUSDT+0.0100%8h0.4566+0.022%$65.4M$82.7M50xas long as short
OKX WLD-USDT-SWAP+0.0100%8h0.4567+0.044%$34.1M$142.6M50xas long as short
Gate WLD_USDT+0.0100%8h0.4566+0.022%$7.4M$35.7M75xas long as short
MEXC WLD_USDT+0.0100%8h0.4566+0.022%$45.3M$53.2M300xas long as short
Bitget WLDUSDT+0.0100%8h0.45650.000%$30.1M$25.9M75xas long as short
BingX WLD-USDT+0.0100%8h0.4567+0.044%$67.1Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4568+0.077%$129K$272K10xas long as short
Variational Omni WLD+0.0100%8h0.4567+0.041%$2.0M$1.7Mas long as short
edgeX WLDUSDC+0.0100%4h0.4561−0.081%$27K$316K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4569+0.094%$616K$1.9M10xas long as short
ApeX Omni WLDUSDT+0.0100%1h0.45650.000%$55K$228K50xas long as short
Polymarket Perps WLD-USD+0.0100%1h0.4570+0.107%$45K$1.6M10xas long as short
SunX WLD-USDT+0.0100%8h0.4574+0.197%$23K$1.5M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4564−0.022%$211$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4570+0.110%$851K$1.8M50xas long as short
Phemex WLDUSDTlong+0.0100%8h0.4565long leg$1.8M$3.7M50x
Extended WLD-USD+0.0104%1h0.4563−0.052%$233K$845K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4565−0.007%$31K$5K3xas long as short
Phoenix WLD+0.0104%1h0.4570+0.105%$5K$53K10xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4566+0.031%20xas long as short
BloFin WLD-USDT+0.0220%8h0.4566+0.022%$4.9M$817K75xas long as short
GMX WLD/USD [ETH-USDC]L +0.0229% / S −0.1268%1h0.4567+0.037%$5K100xas long as short
01 Exchange WLDUSD+0.0256%1h0.4570+0.103%$327$775xas long as short
Injective WLD/USDC PERP+0.0373%1h0.4592+0.591%$6K$185K5.5xas long as short
Coinbase International WLD-PERP-INTX+0.0440%1h0.4570+0.110%$269K$1.6M50xas long as short
Hyperliquid WLD+0.0452%1h0.4572+0.160%$49.5M$43.0M10xas long as short
Kraken Futures PF_WLDUSD+0.0720%1h0.4566+0.020%$900K$2.7M50xas long as short
Lighter WLD+0.1392%1h0.4576+0.237%$5.2M$2.0M10xas long as short