Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0172%/8h= −18.8% APRpaid last 24h +0.032%

Price spread now: Binance against 01 Exchange+0.396%7-day average — · you sell dearer than you buy

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

Long on 01 Exchange Short on Binance

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

The price spread pays, funding is against you. Binance is 0.396% dearer against 01 Exchange than usual: you sell high and buy low (spread +0.396% now, against zero (this spread has no 7-day history yet)): +$40 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 7.7 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange WLDUSD	0.4636	0.0272	pay 0.0034% / 1h	56m 58s	$332	$80	5x
Short	Binance WLDUSDT	0.4654	0.0100	get 0.0100% / 8h	5h 56m	$88.6M	$323.2M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against 01 Exchange. 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 01 ExchangebpFee BinancebpOrdersPrice spread, now +0.396%Rate

Funding earned: −$36.12
Price spread: +0.396% → 0.000%: $39.56
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee Binance: 5 bp × 2 orders: −$10
Net: −$13.56
Costs to cover: 0.170%
Break-even: from the start

Slippage unknown: 01 Exchange: no order-book sample; Binance: live order book, 2 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 01 Exchange no order-book sample	—	—	—	—	—
Sell Binance live order book, 2 min ago	1.07 bp	7.5 bp −$8	16.7 bp −$167	63.1 bp −$6,311	194.3 bp −$97.1K

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 37 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	−0.0136%	8h	0.4632	−0.076%	$61K	$4.4M	1.7x	as long as short
KuCoin WLDUSDTM	−0.0036%	8h	0.4641	+0.119%	$7.1M	$11.5M	50x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4633	−0.048%	$165K	$26K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4637	+0.032%	$120K	$923K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4636	+0.011%	$56K	—	150x	as long as short
Orderly PERP_WLD_USDC	+0.0067%	8h	0.4636	+0.011%	$28K	$895K	10x	as long as short
Phoenix WLD	+0.0068%	1h	0.4670	+0.751%	$5K	$54K	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4640	+0.092%	$178K	$1.0M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4637	+0.034%	$51K	$510K	5x	as long as short
Binance WLDUSDTshort	+0.0100%	8h	0.4654	+0.396%	$88.6M	$323.2M	75x

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit WLDUSDT	+0.0100%	8h	0.4652	+0.356%	$66.6M	$87.2M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4653	+0.378%	$35.1M	$149.6M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4638	+0.054%	$7.3M	$36.3M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4644	+0.183%	$45.6M	$54.0M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4653	+0.378%	$30.9M	$29.2M	75x	as long as short
BingX WLD-USDT	+0.0100%	8h	0.4642	+0.140%	—	$67.2M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4645	+0.196%	$136K	$285K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4667	+0.673%	$2.1M	$1.7M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4669	+0.728%	$28K	$319K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4667	+0.680%	$616K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4658	+0.485%	$51K	$236K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4633	−0.056%	$65K	$2.0M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4640	+0.097%	$23K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4634	−0.032%	$294	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4634	−0.032%	$847K	$1.9M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4636	+0.011%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4651	+0.333%	$214K	$887K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4638	+0.060%	$31K	$600	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4630	−0.124%	—	—	20x	as long as short
Nado WLD-PERP	+0.0165%	1h	0.4633	−0.043%	$269K	$187K	5x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0230% / S −0.1268%	1h	0.4637	+0.039%	$5K	—	100x	as long as short
01 Exchange WLDUSDlong	+0.0272%	1h	0.4636	long leg	$332	$80	5x
Coinbase International WLD-PERP-INTX	+0.0480%	1h	0.4660	+0.529%	$276K	$1.7M	50x	as long as short
Hyperliquid WLD	+0.0550%	1h	0.4648	+0.265%	$51.7M	$43.4M	10x	as long as short
Lighter WLD	+0.0608%	1h	0.4645	+0.205%	$5.3M	$2.1M	10x	as long as short
Injective WLD/USDC PERP	+0.0677%	1h	0.4650	+0.313%	$6K	$185K	5.5x	as long as short
Kraken Futures PF_WLDUSD	+0.0893%	1h	0.4639	+0.067%	$901K	$2.9M	50x	as long as short