Funding arb · Price arb /

WLD

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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 +0.022%

Price spread now: Bitget against Variational Omni−0.041%7-day average +0.004% · you buy dearer than you sell

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

Long on Variational Omni Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.016%+$2 on $10k

Price spread, last 7 days+0.060%+$6 · spread now −0.041%, 7d avg +0.004%

Together, before fees+0.076%+ Points / potential airdropVariational Omni: Active · farm board+$8 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: Bitget is 0.045% cheaper against Variational Omni than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.004%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni WLD	0.4578	0.0100	pay 0.0100% / 8h	7h 57m	$2.0M	$1.7M	—
Short	Bitget WLDUSDT	0.4576	0.0100	get 0.0100% / 8h	7h 57m	$30.3M	$26.1M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Variational Omni. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 Variational OmnibpFee BitgetbpOrdersPrice spread, now −0.041%Rate

Funding earned: $0
Price spread: −0.041% → +0.004%: −$4.49
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$16.49
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Variational Omni: RFQ quote, 1 min ago; Bitget: live order book, 1 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 Variational Omni RFQ quote, 1 min ago	4.36 bp	doesn't fit	15.3 bp −$153	doesn't fit	doesn't fit
Sell Bitget live order book, 1 min ago	1.09 bp	11.9 bp −$12	25.0 bp −$250	63.1 bp −$6,306	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	−0.0202%	8h	0.4575	−0.063%	$65K	$3.9M	1.7x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4565	−0.274%	$163K	$13K	10x	as long as short
KuCoin WLDUSDTM	+0.0003%	8h	0.4573	−0.107%	$6.9M	$11.0M	50x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4579	+0.029%	$56K	—	150x	as long as short
Injective WLD/USDC PERP	+0.0038%	1h	0.4585	+0.155%	$6K	$185K	5.5x	as long as short
Orderly PERP_WLD_USDC	+0.0039%	8h	0.4578	+0.003%	$28K	$906K	10x	as long as short
Nado WLD-PERP	+0.0096%	1h	0.4577	−0.019%	$276K	$169K	5x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4578	+0.008%	$192K	$1.0M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4569	−0.203%	$53K	$487K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4576	−0.034%	$86.5M	$304.1M	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	0.4576	−0.041%	$65.8M	$82.8M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4575	−0.063%	$34.2M	$143.5M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4574	−0.085%	$7.5M	$34.9M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4573	−0.107%	$46.2M	$53.1M	300x	as long as short
Bitget WLDUSDTshort	+0.0100%	8h	0.4576	−0.041%	$30.3M	$26.1M	75x
BingX WLD-USDT	+0.0100%	8h	0.4575	−0.063%	—	$67.1M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4579	+0.016%	$136K	$283K	10x	as long as short
Variational Omni WLDlong	+0.0100%	8h	0.4578	long leg	$2.0M	$1.7M	—
edgeX WLDUSDC	+0.0100%	4h	0.4577	−0.018%	$27K	$318K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4585	+0.155%	$608K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4580	+0.046%	$55K	$228K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4578	−0.004%	$48K	$1.6M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4584	+0.134%	$23K	$1.5M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4575	−0.063%	$213	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4567	−0.238%	$850K	$1.8M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4578	+0.003%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4573	−0.114%	$231K	$847K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4581	+0.062%	$31K	$5K	3x	as long as short
Phoenix WLD	+0.0104%	1h	0.4586	+0.166%	$5K	$53K	10x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4574	−0.088%	—	—	20x	as long as short
Deribit WLD_USDC-PERPETUAL	+0.0187%	1h	0.4580	+0.046%	$122K	$892K	25x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4581	+0.068%	$4.9M	$822K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0229% / S −0.1268%	1h	0.4580	+0.044%	$5K	—	100x	as long as short
01 Exchange WLDUSD	+0.0280%	1h	0.4582	+0.079%	$328	$77	5x	as long as short
Kraken Futures PF_WLDUSD	+0.0329%	1h	0.4578	+0.010%	$903K	$2.7M	50x	as long as short
Coinbase International WLD-PERP-INTX	+0.0448%	1h	0.4580	+0.046%	$273K	$1.6M	50x	as long as short
Hyperliquid WLD	+0.0738%	1h	0.4583	+0.123%	$50.8M	$43.6M	10x	as long as short
Lighter WLD	+0.1024%	1h	0.4590	+0.260%	$5.2M	$2.0M	10x	as long as short