Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: HTX against SunX−0.457%7-day average −0.324% · you buy dearer than you sell

Net, funding: paid 7d − costs−$163as in the Funding arb table

Net, price: spread back to 7d avg − costs−$171as in the Price arb table

costs, in and out, $10k−$1581.579% of the position

Long on SunX Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.051%−$5 on $10k

Price spread, last 3 days (all we have)−0.089%−$9 · spread now −0.457%, 7d avg −0.324%

Together, before fees−0.139%−$14 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: HTX is 0.133% cheaper against SunX than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of −0.324%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX WLD-USDT	0.4598	0.0100	pay 0.0100% / 8h	7h 52m	$23K	$1.5M	50x
Short	HTX WLD-USDT	0.4577	0.0100	get 0.0100% / 8h	7h 52m	$852K	$1.8M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against SunX. 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 SunXbpFee HTXbpOrdersPrice spread, now −0.457%Rate

Funding earned: $0
Price spread: −0.457% → −0.324%: −$13.3
Slippage, 4 orders: −$137.93
Fee SunX: 4 bp × 2 orders: −$8
Fee HTX: 6 bp × 2 orders: −$12
Net: −$171.23
Costs to cover: 1.579%
Break-even: never at this rate

Slippage from SunX: live order book, 2 min ago; HTX: live order book, 1 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 SunX live order book, 2 min ago	29.38 bp	39.3 bp −$39	doesn't fit	doesn't fit	doesn't fit
Sell HTX live order book, 1 min ago	15.27 bp	21.3 bp −$21	172.1 bp −$1,721	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
Kalshi KXWLDPERP	−0.0205%	8h	0.4588	−0.217%	$63K	$3.9M	1.7x	as long as short
ApeX Omni WLDUSDT	−0.0046%	1h	0.4583	−0.326%	$54K	$228K	50x	as long as short
Gate WLD_USDT	−0.0039%	8h	0.4592	−0.130%	$7.5M	$35.0M	75x	as long as short
KuCoin WLDUSDTM	−0.0003%	8h	0.4590	−0.174%	$7.0M	$11.1M	50x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4592	−0.138%	$164K	$13K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4582	−0.348%	$123K	$893K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4593	−0.105%	$56K	—	150x	as long as short
Nado WLD-PERP	+0.0006%	1h	0.4595	−0.076%	$277K	$169K	5x	as long as short
Injective WLD/USDC PERP	+0.0038%	1h	0.4597	−0.022%	$6K	$185K	5.5x	as long as short
Orderly PERP_WLD_USDC	+0.0041%	8h	0.4581	−0.370%	$28K	$904K	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	0.4595	−0.068%	$192K	$984K	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4593	−0.104%	$54K	$487K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4578	−0.426%	$86.5M	$303.9M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4576	−0.478%	$65.7M	$82.5M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4580	−0.391%	$34.4M	$143.4M	50x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4593	−0.109%	$46.5M	$53.1M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4580	−0.391%	$30.3M	$26.1M	75x	as long as short
BingX WLD-USDC	+0.0100%	8h	0.4593	−0.109%	—	$1.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4596	−0.035%	$137K	$283K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4593	−0.111%	$2.0M	$1.7M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4577	−0.446%	$27K	$316K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4589	−0.185%	$609K	$1.9M	10x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4594	−0.080%	$49K	$1.6M	10x	as long as short
SunX WLD-USDTlong	+0.0100%	8h	0.4598	long leg	$23K	$1.5M	50x
SoDEX WLD-USD	+0.0100%	1h	0.4578	−0.435%	$215	$5K	10x	as long as short
HTX WLD-USDTshort	+0.0100%	8h	0.4577	−0.457%	$852K	$1.8M	50x
Phemex WLDUSDT	+0.0100%	8h	0.4578	−0.435%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4578	−0.434%	$231K	$847K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4580	−0.384%	$31K	$600	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4591	−0.157%	—	—	20x	as long as short
Phoenix WLD	+0.0157%	1h	0.4583	−0.322%	$5K	$53K	10x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4592	−0.130%	$4.9M	$823K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0229% / S −0.1268%	1h	0.4594	−0.092%	$5K	—	100x	as long as short
01 Exchange WLDUSD	+0.0256%	1h	0.4599	+0.024%	$329	$77	5x	as long as short
Kraken Futures PF_WLDUSD	+0.0329%	1h	0.4579	−0.422%	$902K	$2.7M	50x	as long as short
Coinbase International WLD-PERP-INTX	+0.0448%	1h	0.4591	−0.152%	$274K	$1.6M	50x	as long as short
Hyperliquid WLD	+0.0737%	1h	0.4600	+0.048%	$51.0M	$43.4M	10x	as long as short
Lighter WLD	+0.1112%	1h	0.4587	−0.241%	$5.2M	$2.0M	10x	as long as short