Settings8H · net · $10k
Funding arb · Price arb /

WLD

all WLD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0380%/8h= +41.6% APRpaid last 24h +0.080%
Price spread now: Coinbase International against Variational Omni−0.057%7-day average +0.075% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.104%+$10 on $10k
Price spread, last 3 days (all we have)+0.076%+$8 · spread now −0.057%, 7d avg +0.075%
Together, before fees+0.181%+ Points / potential airdropVariational Omni: Active · farm board+$18 on $10k · with fees, hour by hour
Funding pays, the price is against you. Coinbase International is 0.133% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.057% now, against its 7-day average of +0.075%). If the spread goes back, that is −$13 on $10k: about 28 hours of funding at the current rate (+$11 a day). At the pace of the last 3 days (+0.104% in total) that is about 4.4 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.104% in total (about 11.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni WLD0.46670.0100pay 0.0100% / 8h5h 59m$2.1M$1.7M
ShortCoinbase International WLD-PERP-INTX0.46640.0480get 0.0060% / 1h59m 15s$276K$1.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Variational Omni. 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

Funding earned
$79.8
Price spread: −0.057% → +0.075%
−$13.29
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$56.51
Costs to cover
0.100%
Break-even
2.0 days
Slippage unknown: Variational Omni: RFQ quote, 5 min ago; Coinbase International: live order book, 4 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni RFQ quote, 5 min ago5.36 bpdoesn't fit18.2 bp −$182doesn't fitdoesn't fit
Sell Coinbase International live order book, 4 min ago6.41 bp23.2 bp −$2327.8 bp −$278doesn't fitdoesn't fit

WLD on 37 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kalshi KXWLDPERP−0.0136%8h0.4659−0.165%$70K$4.4M1.7xas long as short
KuCoin WLDUSDTM−0.0037%8h0.4657−0.207%$7.1M$11.5M50xas long as short
dYdX WLD-USD0.0000%1h0.4655−0.247%$166K$26K10xas long as short
Deribit WLD_USDC-PERPETUAL0.0000%1h0.4660−0.143%$120K$922K25xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4657−0.209%$56K150xas long as short
Orderly PERP_WLD_USDC+0.0067%8h0.4657−0.207%$28K$895K10xas long as short
Phoenix WLD+0.0068%1h0.4670+0.077%$5K$54K10xas long as short
Nado WLD-PERP+0.0091%1h0.4654−0.261%$270K$189K5xas long as short
Aster WLDUSDT+0.0100%8h0.4664−0.056%$179K$1.0M50xas long as short
Pacifica WLD+0.0100%1h0.4658−0.186%$51K$510K5xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance WLDUSDT+0.0100%8h0.4657−0.199%$88.6M$324.4M75xas long as short
Bybit WLDUSDT+0.0100%8h0.4656−0.229%$66.7M$87.7M50xas long as short
OKX WLD-USDT-SWAP+0.0100%8h0.4659−0.165%$35.2M$150.8M50xas long as short
Gate WLD_USDT+0.0100%8h0.4655−0.250%$7.3M$36.3M75xas long as short
MEXC WLD_USDT+0.0100%8h0.4655−0.250%$46.0M$53.8M300xas long as short
Bitget WLDUSDT+0.0100%8h0.4659−0.165%$31.0M$29.5M75xas long as short
BingX WLD-USDC+0.0100%8h0.4657−0.207%$1.3Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4653−0.300%$137K$290K10xas long as short
Variational Omni WLDlong+0.0100%8h0.4667long leg$2.1M$1.7M
edgeX WLDUSDC+0.0100%4h0.4669+0.055%$28K$319K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4675+0.178%$617K$1.9M10xas long as short
ApeX Omni WLDUSDT+0.0100%1h0.4668+0.028%$51K$236K50xas long as short
Polymarket Perps WLD-USD+0.0100%1h0.4659−0.160%$55K$2.1M10xas long as short
SunX WLD-USDT+0.0100%8h0.4662−0.100%$23K$1.6M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4660−0.143%$295$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4662−0.100%$852K$1.9M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4660−0.143%$1.9M$3.7M50xas long as short
Extended WLD-USD+0.0104%1h0.4658−0.189%$215K$889K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4661−0.122%$32K$6003xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4655−0.246%20xas long as short
01 Exchange WLDUSD+0.0192%1h0.4661−0.122%$333$805xas long as short
GMX WLD/USD [ETH-USDC]L +0.0230% / S −0.1268%1h0.4656−0.220%$5K100xas long as short
Hyperliquid WLD+0.0329%1h0.4663−0.081%$51.9M$43.4M10xas long as short
Coinbase International WLD-PERP-INTXshort+0.0480%1h0.4664−0.057%$276K$1.7M50x
Injective WLD/USDC PERP+0.0677%1h0.4666−0.015%$6K$185K5.5xas long as short
Lighter WLD+0.0760%1h0.4671+0.090%$5.3M$2.1M10xas long as short
Kraken Futures PF_WLDUSD+0.0888%1h0.4664−0.052%$903K$2.9M50xas long as short