Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: edgeX against SoDEX−0.152%75s7-day average — · you buy dearer than you sell

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

Long on SoDEX Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropedgeX: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: edgeX is 0.152% cheaper against SoDEX than usual: you would sell low and buy high, −$15 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 75 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	0.4461	0.0100	pay 0.0013% / 1h	46m 06s	$231	$5K	10x
Short	edgeX WLDUSDC	0.4454	0.0100	get 0.0050% / 4h	1h 46m	$27K	$322K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now −0.152%Rate

Funding earned: $0
Price spread: −0.152% → 0.000%: −$15.19
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$32.19
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: SoDEX: no order-book sample; edgeX: live order book, 65 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 edgeX live order book, 65 min ago	3.35 bp	7.8 bp −$8	15.1 bp −$151	doesn't fit	doesn't fit

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 exchanges

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
Deribit WLD_USDC-PERPETUAL	−0.0198%	1h	0.4462	+0.022%	$101K	$1.1M	25x	as long as short
Kraken Futures PF_WLDUSD	−0.0193%	1h	0.4463	+0.042%	$857K	$2.6M	50x	as long as short
Polymarket Perps WLD-USD	−0.0186%	1h	0.4457	−0.092%	$46K	$2.6M	10x	as long as short
Bybit WLDUSDT	−0.0146%	8h	0.4458	−0.067%	$63.7M	$84.9M	50x	as long as short
Nado WLD-PERP	−0.0145%	1h	0.4460	−0.022%	$234K	$159K	5x	as long as short
Gate WLD_USDT	−0.0093%	8h	0.4460	−0.022%	$7.0M	$31.2M	75x	as long as short
01 Exchange WLDUSD	−0.0056%	1h	0.4464	+0.074%	$319	$55	5x	as long as short
Kalshi KXWLDPERP	0.0000%	8h	0.4461	0.000%	$67K	$4.2M	1.7x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4458	−0.078%	$65K	—	150x	as long as short
Injective WLD/USDC PERP	+0.0007%	1h	0.4477	+0.359%	$6K	$185K	5.5x	as long as short

Show all 38 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX WLD-USD	+0.0009%	1h	0.4460	−0.026%	$152K	$31K	10x	as long as short
Phoenix WLD	+0.0053%	1h	0.4456	−0.101%	$4K	$40K	10x	as long as short
KuCoin WLDUSDTM	+0.0055%	8h	0.4460	−0.022%	$6.6M	$10.4M	50x	as long as short
Variational Omni WLD	+0.0080%	8h	0.4450	−0.238%	$2.0M	$1.4M	—	as long as short
Orderly PERP_WLD_USDC	+0.0088%	8h	0.4461	0.000%	$27K	$334K	10x	as long as short
Lighter WLD	+0.0096%	1h	0.4467	+0.128%	$4.8M	$3.0M	10x	as long as short
Hyperliquid WLD	+0.0100%	1h	0.4465	+0.081%	$49.5M	$29.1M	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4463	+0.056%	$210K	$884K	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4462	+0.022%	$58K	$501K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4462	+0.018%	$84.7M	$313.3M	75x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4458	−0.067%	$33.9M	$141.1M	50x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4461	0.000%	$41.7M	$54.5M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4458	−0.067%	$29.3M	$28.6M	75x	as long as short
BingX WLD-USDC	+0.0100%	8h	0.4460	−0.022%	—	$1.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4461	+0.004%	$129K	$275K	10x	as long as short
edgeX WLDUSDCshort	+0.0100%	4h	0.4454	−0.152%	$27K	$322K	20x
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4459	−0.055%	$592K	$2.2M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4455	−0.134%	$59K	$242K	50x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4467	+0.134%	$22K	$1.4M	50x	as long as short
SoDEX WLD-USDlong	+0.0100%	1h	0.4461	long leg	$231	$5K	10x
HTX WLD-USDT	+0.0100%	8h	0.4456	−0.112%	$818K	$1.2M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4463	+0.045%	$1.7M	$3.5M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4459	−0.055%	$210K	$659K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4462	+0.022%	$30K	$500	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4459	−0.047%	—	—	20x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0218% / S −0.0967%	1h	0.4463	+0.040%	$4K	—	100x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4461	0.000%	$4.8M	$907K	75x	as long as short
Coinbase International WLD-PERP-INTX	+0.0344%	1h	0.4466	+0.112%	$272K	$969K	50x	as long as short