Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0188%/8h= +20.6% APRpaid last 24h −0.026%

Price spread now: 01 Exchange against SunX−0.126%7-day average — · you buy dearer than you sell

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

Long on SunX Short on 01 Exchange

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—needs both histories

Funding pays, the price is against you. 01 Exchange is 0.126% cheaper against SunX than usual: you would sell low and buy high (spread −0.126% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$13 on $10k: about 2.2 days of funding at the current rate (+$6 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX WLD-USDT	0.4532	0.0100	pay 0.0100% / 8h	3h 21m	$23K	$1.6M	50x
Short	01 Exchange WLDUSD	0.4526	0.0288	get 0.0036% / 1h	21m 50s	$324	$55	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange 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 01 ExchangebpOrdersPrice spread, now −0.126%Rate

Funding earned: $39.48
Price spread: −0.126% → 0.000%: −$12.58
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: $11.9
Costs to cover: 0.150%
Break-even: 4.9 days

Slippage unknown: SunX: live order book, 3 min ago; 01 Exchange: 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 SunX live order book, 3 min ago	29.69 bp	38.6 bp −$39	doesn't fit	doesn't fit	doesn't fit
Sell 01 Exchange no order-book sample	—	—	—	—	—

01 Exchange: 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
Nado WLD-PERP	−0.0026%	1h	0.4526	−0.143%	$240K	$205K	5x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4519	−0.283%	$154K	$33K	10x	as long as short
Kalshi KXWLDPERP	0.0000%	8h	0.4520	−0.265%	$86K	$4.7M	1.7x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4528	−0.092%	$65K	—	150x	as long as short
KuCoin WLDUSDTM	+0.0028%	8h	0.4527	−0.110%	$6.9M	$11.7M	50x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4536	+0.088%	$208K	$1.1M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4522	−0.219%	$49K	$524K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4537	+0.100%	$86.5M	$330.8M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4537	+0.110%	$64.6M	$90.2M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4538	+0.132%	$34.1M	$151.0M	50x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate WLD_USDT	+0.0100%	8h	0.4532	0.000%	$7.2M	$36.6M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4538	+0.132%	$40.1M	$55.2M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4539	+0.154%	$30.0M	$30.2M	75x	as long as short
BingX WLD-USDT	+0.0100%	8h	0.4538	+0.132%	—	$67.8M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4527	−0.102%	$134K	$304K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4546	+0.301%	$2.1M	$1.6M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4554	+0.493%	$27K	$318K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4542	+0.228%	$601K	$2.0M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4557	+0.552%	$43K	$238K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4527	−0.115%	$39K	$2.1M	10x	as long as short
Orderly PERP_WLD_USDC	+0.0100%	8h	0.4527	−0.110%	$28K	$868K	10x	as long as short
SunX WLD-USDTlong	+0.0100%	8h	0.4532	long leg	$23K	$1.6M	50x
SoDEX WLD-USD	+0.0100%	1h	0.4527	−0.110%	$203	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4518	−0.309%	$826K	$1.8M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4527	−0.110%	$1.8M	$3.6M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4522	−0.226%	$214K	$984K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4526	−0.127%	$31K	$600	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4526	−0.138%	—	—	20x	as long as short
Injective WLD/USDC PERP	+0.0142%	1h	0.4576	+0.971%	$6K	$185K	5.5x	as long as short
Phoenix WLD	+0.0157%	1h	0.4552	+0.452%	$5K	$52K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	+0.0192%	1h	0.4529	−0.066%	$123K	$973K	25x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4534	+0.044%	$4.9M	$888K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0229% / S −0.1268%	1h	0.4527	−0.117%	$5K	—	100x	as long as short
01 Exchange WLDUSDshort	+0.0288%	1h	0.4526	−0.126%	$324	$55	5x
Hyperliquid WLD	+0.0373%	1h	0.4530	−0.042%	$49.7M	$43.4M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.0524%	1h	0.4530	−0.050%	$880K	$2.9M	50x	as long as short
Coinbase International WLD-PERP-INTX	+0.0560%	1h	0.4536	+0.088%	$265K	$1.6M	50x	as long as short
Lighter WLD	+0.0824%	1h	0.4536	+0.097%	$5.1M	$2.6M	10x	as long as short