Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 20:00 UTC−0.0097%/8hnext payment −$0.12 per $10,000 · paid last 24h −0.029%

Price spread now: gTrade (Gains Network) against SoDEX+0.130%7-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 gTrade (Gains Network)

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

The price spread pays, funding is against you. gTrade (Gains Network) is 0.130% dearer against SoDEX than usual: you sell high and buy low (spread +0.130% now, against zero (this spread has no 7-day history yet)): +$13 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 4.4 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX WLD-USD	0.4358	0.0100	pay 0.0013% / 1h	23m 43s	$188	$5K	10x
Short	gTrade (Gains Network) WLD/USD	0.4364	L +0.0003% / S −0.0003%	get 0.0000% / 1h	23m 43s	$56K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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 gTrade (Gains Network)bpOrdersPrice spread, now +0.130%Rate

Funding earned: −$20.41
Price spread: +0.130% → 0.000%: $12.96
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$25.45
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: SoDEX: no order-book sample; gTrade (Gains Network): no order-book sample. 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 gTrade (Gains Network) no order-book sample	—	—	—	—	—

SoDEX and gTrade (Gains Network): 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
Variational Omni WLD	−0.0223%	8h	0.4349	−0.196%	$2.0M	$1.4M	—	as long as short
Bybit WLDUSDT	−0.0203%	8h	0.4352	−0.138%	$62.2M	$68.2M	50x	as long as short
Nado WLD-PERP	−0.0085%	1h	0.4361	+0.080%	$341K	$150K	5x	as long as short
01 Exchange WLDUSD	−0.0056%	1h	0.4365	+0.163%	$312	$77	5x	as long as short
Phoenix WLD	−0.0055%	1h	0.4353	−0.106%	$2K	$47K	10x	as long as short
Binance WLDUSDT	−0.0052%	8h	0.4354	−0.085%	$78.3M	$258.6M	75x	as long as short
MEXC WLD_USDT	−0.0051%	8h	0.4354	−0.092%	$43.2M	$41.8M	300x	as long as short
OKX WLD-USDT-SWAP	−0.0040%	8h	0.4353	−0.115%	$32.8M	$119.7M	50x	as long as short
KuCoin WLDUSDTM	−0.0040%	8h	0.4355	−0.069%	$7.2M	$9.9M	50x	as long as short
Orderly PERP_WLD_USDC	−0.0039%	8h	0.4361	+0.069%	$27K	$926K	10x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX WLD-USD	0.0000%	1h	0.4358	−0.010%	$149K	$5K	10x	as long as short
Kalshi KXWLDPERP	0.0000%	8h	0.4362	+0.092%	$92K	$3.6M	1.7x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4363	+0.115%	$123K	$728K	25x	as long as short
gTrade (Gains Network) WLD/USDshort	L +0.0003% / S −0.0003%	1h	0.4364	+0.130%	$56K	—	150x
Extended WLD-USD	+0.0064%	1h	0.4357	−0.018%	$148K	$534K	10x	as long as short
BloFin WLD-USDT	+0.0071%	8h	0.4362	+0.092%	$4.6M	$868K	75x	as long as short
Aevo WLD-PERP	+0.0072%	1h	0.4360	+0.057%	$30K	$5K	3x	as long as short
Gate WLD_USDT	+0.0091%	8h	0.4358	0.000%	$7.2M	$32.6M	75x	as long as short
Lighter WLD	+0.0096%	1h	0.4363	+0.117%	$4.7M	$1.3M	10x	as long as short
Hyperliquid WLD	+0.0100%	1h	0.4359	+0.025%	$43.6M	$36.3M	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4362	+0.090%	$225K	$913K	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4356	−0.044%	$58K	$460K	5x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4354	−0.092%	$28.5M	$23.5M	75x	as long as short
BingX WLD-USDC	+0.0100%	8h	0.4355	−0.069%	—	$1.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4361	+0.064%	$128K	$270K	10x	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4353	−0.116%	$26K	$313K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4348	−0.239%	$584K	$1.8M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4346	−0.275%	$63K	$221K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4364	+0.138%	$58K	$1.8M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4365	+0.161%	$22K	$1.4M	50x	as long as short
SoDEX WLD-USDlong	+0.0100%	1h	0.4358	long leg	$188	$5K	10x
HTX WLD-USDT	+0.0100%	8h	0.4362	+0.092%	$809K	$1.7M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4357	−0.023%	$1.8M	$3.8M	50x	as long as short
Injective WLD/USDC PERP	+0.0132%	1h	0.4344	−0.321%	$6K	$90K	5.5x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4358	−0.009%	—	—	20x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0205% / S −0.1501%	1h	0.4363	+0.124%	$7K	—	100x	as long as short
Coinbase International WLD-PERP-INTX	+0.0352%	1h	0.4364	+0.138%	$263K	$1.4M	50x	as long as short
Kraken Futures PF_WLDUSD	+0.0463%	1h	0.4363	+0.104%	$881K	$2.3M	50x	as long as short