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% APRpaid last 24h +0.027%

Price spread now: SoDEX against Variational Omni+0.204%7-day average — · you sell dearer than you buy

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

Long on Variational Omni Short on SoDEX

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—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SoDEX is 0.204% dearer against Variational Omni than usual: you sell high and buy low, +$20 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni WLD	0.4512	0.0100	pay 0.0100% / 8h	12m 46s	$2.1M	$1.5M	—
Short	SoDEX WLD-USD	0.4521	0.0100	get 0.0013% / 1h	12m 46s	$221	$5K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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

Position, each leg$Hold fordaysFee Variational OmnibpFee SoDEXbpOrdersPrice spread, now +0.204%Rate

Funding earned: $0
Price spread: +0.204% → 0.000%: $20.39
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee SoDEX: 4 bp × 2 orders: −$8
Net: $12.39
Costs to cover: 0.080%
Break-even: from the start

Slippage unknown: Variational Omni: RFQ quote, 1 min ago; SoDEX: 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 Variational Omni RFQ quote, 1 min ago	4.43 bp	doesn't fit	15.5 bp −$155	doesn't fit	doesn't fit
Sell SoDEX no order-book sample	—	—	—	—	—

SoDEX: 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
Injective WLD/USDC PERP	−0.0309%	1h	0.4508	−0.084%	$6K	$185K	5.5x	as long as short
Nado WLD-PERP	−0.0017%	1h	0.4523	+0.259%	$235K	$175K	5x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4521	+0.201%	$154K	$32K	10x	as long as short
Kalshi KXWLDPERP	0.0000%	8h	0.4516	+0.093%	$51K	$4.6M	1.7x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4522	+0.226%	$136K	$986K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4520	+0.184%	$65K	—	150x	as long as short
Orderly PERP_WLD_USDC	+0.0099%	8h	0.4521	+0.204%	$27K	$668K	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4524	+0.271%	$229K	$1.0M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4520	+0.184%	$54K	$546K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4521	+0.194%	$86.7M	$333.6M	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	0.4518	+0.137%	$63.9M	$89.5M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4518	+0.137%	$34.2M	$151.3M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4519	+0.160%	$7.0M	$36.0M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4521	+0.204%	$41.4M	$57.0M	300x	as long as short
KuCoin WLDUSDTM	+0.0100%	8h	0.4519	+0.160%	$6.6M	$11.6M	50x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4518	+0.137%	$29.9M	$30.9M	75x	as long as short
BingX WLD-USDT	+0.0100%	8h	0.4520	+0.182%	—	$20.1M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4519	+0.166%	$132K	$297K	10x	as long as short
Variational Omni WLDlong	+0.0100%	8h	0.4512	long leg	$2.1M	$1.5M	—
edgeX WLDUSDC	+0.0100%	4h	0.4513	+0.022%	$27K	$322K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4519	+0.158%	$595K	$2.1M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4512	+0.004%	$48K	$238K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4525	+0.281%	$49K	$2.7M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4530	+0.403%	$23K	$1.6M	50x	as long as short
SoDEX WLD-USDshort	+0.0100%	1h	0.4521	+0.204%	$221	$5K	10x
HTX WLD-USDT	+0.0100%	8h	0.4520	+0.182%	$827K	$1.5M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4520	+0.182%	$1.7M	$3.6M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4518	+0.146%	$208K	$880K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4523	+0.238%	$31K	$500	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4520	+0.179%	—	—	20x	as long as short
Phoenix WLD	+0.0177%	1h	0.4507	−0.102%	$4K	$43K	10x	as long as short
Lighter WLD	+0.0184%	1h	0.4527	+0.328%	$4.9M	$2.9M	10x	as long as short
01 Exchange WLDUSD	+0.0216%	1h	0.4527	+0.339%	$324	$55	5x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0219% / S −0.0967%	1h	0.4511	−0.015%	$4K	—	100x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4521	+0.204%	$4.8M	$903K	75x	as long as short
Hyperliquid WLD	+0.0401%	1h	0.4525	+0.301%	$50.3M	$43.3M	10x	as long as short
Coinbase International WLD-PERP-INTX	+0.0448%	1h	0.4530	+0.403%	$269K	$1.6M	50x	as long as short
Kraken Futures PF_WLDUSD	+0.0457%	1h	0.4523	+0.259%	$867K	$2.8M	50x	as long as short