Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0240%/8h= −26.3% APRpaid last 24h +0.049%

Price spread now: KuCoin against 01 Exchange+0.059%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 KuCoin

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—needs both histories

The price spread pays, funding is against you. KuCoin is 0.059% dearer against 01 Exchange than usual: you sell high and buy low (spread +0.059% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 20 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange WLDUSD	0.4592	0.0248	pay 0.0031% / 1h	14m 31s	$329	$77	5x
Short	KuCoin WLDUSDTM	0.4595	0.0008	get 0.0008% / 8h	14m 31s	$7.0M	$11.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.059%Rate

Funding earned: −$50.4
Price spread: +0.059% → 0.000%: $5.88
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$63.52
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: 01 Exchange: no order-book sample; KuCoin: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy 01 Exchange no order-book sample	—	—	—	—	—
Sell KuCoin live order book, 4 min ago	1.10 bp	15.6 bp −$16	35.2 bp −$352	doesn't fit	doesn't fit

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
Kalshi KXWLDPERP	−0.0188%	8h	0.4582	−0.224%	$65K	$3.9M	1.7x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4592	−0.002%	$164K	$13K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4602	+0.211%	$124K	$896K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4601	+0.189%	$57K	—	150x	as long as short
KuCoin WLDUSDTMshort	+0.0008%	8h	0.4595	+0.059%	$7.0M	$11.0M	50x
Orderly PERP_WLD_USDC	+0.0032%	8h	0.4600	+0.168%	$28K	$907K	10x	as long as short
Nado WLD-PERP	+0.0033%	1h	0.4587	−0.121%	$276K	$169K	5x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4593	+0.013%	$192K	$1.0M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4594	+0.038%	$53K	$483K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4588	−0.087%	$86.4M	$303.3M	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	0.4585	−0.159%	$65.8M	$82.9M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4583	−0.203%	$34.3M	$143.7M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4591	−0.028%	$7.5M	$35.9M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4591	−0.028%	$45.8M	$53.3M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4585	−0.159%	$30.2M	$26.0M	75x	as long as short
BingX WLD-USDT	+0.0100%	8h	0.4587	−0.115%	—	$67.1M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4607	+0.324%	$137K	$284K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4575	−0.380%	$2.0M	$1.7M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4561	−0.671%	$27K	$317K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4571	−0.468%	$604K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4564	−0.616%	$55K	$228K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4587	−0.107%	$47K	$1.6M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4607	+0.320%	$23K	$1.5M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4600	+0.168%	$213	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4596	+0.081%	$855K	$1.8M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4600	+0.168%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4587	−0.113%	$234K	$845K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4596	+0.084%	$31K	$5K	3x	as long as short
Phoenix WLD	+0.0104%	1h	0.4564	−0.610%	$5K	$53K	10x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4583	−0.195%	—	—	20x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4602	+0.211%	$4.9M	$824K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0229% / S −0.1268%	1h	0.4601	+0.185%	$5K	—	100x	as long as short
01 Exchange WLDUSDlong	+0.0248%	1h	0.4592	long leg	$329	$77	5x
Injective WLD/USDC PERP	+0.0373%	1h	0.4585	−0.159%	$6K	$185K	5.5x	as long as short
Coinbase International WLD-PERP-INTX	+0.0440%	1h	0.4601	+0.189%	$273K	$1.7M	50x	as long as short
Hyperliquid WLD	+0.0443%	1h	0.4604	+0.257%	$51.0M	$43.8M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.0714%	1h	0.4604	+0.262%	$908K	$2.7M	50x	as long as short
Lighter WLD	+0.1328%	1h	0.4603	+0.235%	$5.2M	$2.0M	10x	as long as short