Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRpaid last 24h +0.022%

Price spread now: BloFin against SoDEX+0.200%56s7-day average — · you sell dearer than you buy

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

Long on SoDEX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.200% dearer against SoDEX than usual: you sell high and buy low: +$20 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX WLD-USD	0.4510	0.0100	pay 0.0013% / 1h	56m 23s	$216	$5K	10x
Short	BloFin WLD-USDT	0.4519	0.0220	get 0.0220% / 8h	56m 23s	$4.8M	$911K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against SoDEX. 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 SoDEXbpFee BloFinbpOrdersPrice spread, now +0.200%Rate

Funding earned: $25.2
Price spread: +0.200% → 0.000%: $19.96
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee BloFin: 6 bp × 2 orders: −$12
Net: $25.16
Costs to cover: 0.200%
Break-even: 0.0 days

Slippage unknown: SoDEX: no order-book sample; BloFin: live order book, 2 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 SoDEX no order-book sample	—	—	—	—	—
Sell BloFin live order book, 2 min ago	3.32 bp	12.7 bp −$13	16.2 bp −$162	36.0 bp −$3,598	105.6 bp −$52.8K

SoDEX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0309%	1h	0.4524	+0.310%	$6K	$185K	5.5x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4512	+0.049%	$154K	$32K	10x	as long as short
Kalshi KXWLDPERP	0.0000%	8h	0.4515	+0.111%	$56K	$4.7M	1.7x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4510	0.000%	$143K	$976K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4510	−0.006%	$65K	—	150x	as long as short
Nado WLD-PERP	+0.0023%	1h	0.4511	+0.033%	$235K	$167K	5x	as long as short
Orderly PERP_WLD_USDC	+0.0098%	8h	0.4509	−0.022%	$27K	$726K	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4513	+0.060%	$226K	$1.1M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4514	+0.078%	$49K	$534K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4510	0.000%	$86.2M	$333.9M	75x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit WLDUSDT	+0.0100%	8h	0.4509	−0.022%	$64.1M	$89.4M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4509	−0.022%	$34.1M	$151.2M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4510	0.000%	$7.1M	$35.5M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4510	0.000%	$39.8M	$55.8M	300x	as long as short
KuCoin WLDUSDTM	+0.0100%	8h	0.4509	−0.022%	$6.6M	$11.7M	50x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4510	0.000%	$29.9M	$30.9M	75x	as long as short
BingX WLD-USDT	+0.0100%	8h	0.4509	−0.022%	—	$69.7M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4517	+0.164%	$132K	$295K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4522	+0.260%	$2.1M	$1.6M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4525	+0.325%	$27K	$319K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4526	+0.354%	$596K	$2.1M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4526	+0.355%	$48K	$239K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4511	+0.029%	$55K	$2.7M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4516	+0.133%	$22K	$1.6M	50x	as long as short
SoDEX WLD-USDlong	+0.0100%	1h	0.4510	long leg	$216	$5K	10x
HTX WLD-USDT	+0.0100%	8h	0.4516	+0.133%	$826K	$1.5M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4518	+0.177%	$1.8M	$3.6M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4508	−0.040%	$208K	$945K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4511	+0.033%	$31K	$500	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4508	−0.039%	—	—	20x	as long as short
Phoenix WLD	+0.0158%	1h	0.4526	+0.353%	$5K	$43K	10x	as long as short
Lighter WLD	+0.0200%	1h	0.4520	+0.228%	$4.9M	$2.8M	10x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0219% / S −0.0967%	1h	0.4517	+0.156%	$4K	—	100x	as long as short
BloFin WLD-USDTshort	+0.0220%	8h	0.4519	+0.200%	$4.8M	$911K	75x
01 Exchange WLDUSD	+0.0264%	1h	0.4512	+0.055%	$323	$55	5x	as long as short
Coinbase International WLD-PERP-INTX	+0.0448%	1h	0.4516	+0.133%	$272K	$1.6M	50x	as long as short
Kraken Futures PF_WLDUSD	+0.0458%	1h	0.4512	+0.047%	$868K	$2.8M	50x	as long as short
Hyperliquid WLD	+0.0477%	1h	0.4516	+0.142%	$50.2M	$44.1M	10x	as long as short