Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0020%/8h= +2.2% APRpaid last 24h +0.001%

Price spread now: MEXC against 01 Exchange−0.007%7-day average — · you buy dearer than you sell

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

Long on 01 Exchange Short on MEXC

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 sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange WLDUSD	0.4558	0.0080	pay 0.0010% / 1h	1m 36s	$326	$55	5x
Short	MEXC WLD_USDT	0.4558	0.0100	get 0.0100% / 8h	2h 01m	$40.4M	$57.3M	300x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.007%Rate

Funding earned: $4.2
Price spread: −0.007% → 0.000%: −$0.66
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee MEXC: 0 bp × 2 orders: $0
Net: −$3.46
Costs to cover: 0.070%
Break-even: 12.8 days

Slippage unknown: 01 Exchange: no order-book sample; MEXC: 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 MEXC live order book, 2 min ago	1.10 bp	1.1 bp −$1	3.2 bp −$32	18.5 bp −$1,850	66.7 bp −$33.4K

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
Nado WLD-PERP	−0.0034%	1h	0.4560	+0.026%	$240K	$170K	5x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4559	+0.018%	$155K	$33K	10x	as long as short
Kalshi KXWLDPERP	0.0000%	8h	0.4561	+0.059%	$53K	$4.8M	1.7x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4562	+0.083%	$66K	—	150x	as long as short
KuCoin WLDUSDTM	+0.0073%	8h	0.4560	+0.037%	$6.8M	$11.9M	50x	as long as short
01 Exchange WLDUSDlong	+0.0080%	1h	0.4558	long leg	$326	$55	5x
Orderly PERP_WLD_USDC	+0.0099%	8h	0.4562	+0.081%	$27K	$790K	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4561	+0.065%	$227K	$1.1M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4561	+0.053%	$51K	$538K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4559	+0.005%	$86.7M	$339.2M	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	0.4558	−0.007%	$65.0M	$91.6M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4556	−0.050%	$34.6M	$155.9M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4560	+0.037%	$7.2M	$37.9M	75x	as long as short
MEXC WLD_USDTshort	+0.0100%	8h	0.4558	−0.007%	$40.4M	$57.3M	300x
Bitget WLDUSDT	+0.0100%	8h	0.4556	−0.050%	$30.1M	$31.4M	75x	as long as short
BingX WLD-USDT	+0.0100%	8h	0.4559	+0.015%	—	$70.2M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4564	+0.129%	$133K	$300K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4579	+0.448%	$2.1M	$1.7M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4565	+0.142%	$27K	$321K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4568	+0.213%	$606K	$2.0M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4574	+0.344%	$49K	$240K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4556	−0.042%	$47K	$2.4M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4568	+0.213%	$23K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4563	+0.103%	$211	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4567	+0.191%	$835K	$1.7M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4565	+0.147%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4556	−0.048%	$211K	$1.0M	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4565	+0.136%	$31K	$500	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4556	−0.056%	—	—	20x	as long as short
Phoenix WLD	+0.0142%	1h	0.4578	+0.428%	$5K	$52K	10x	as long as short
Lighter WLD	+0.0168%	1h	0.4566	+0.167%	$4.9M	$2.9M	10x	as long as short
Injective WLD/USDC PERP	+0.0176%	1h	0.4544	−0.314%	$6K	$185K	5.5x	as long as short
Deribit WLD_USDC-PERPETUAL	+0.0188%	1h	0.4564	+0.125%	$151K	$1.0M	25x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0219% / S −0.0967%	1h	0.4561	+0.065%	$4K	—	100x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4568	+0.213%	$4.8M	$921K	75x	as long as short
Hyperliquid WLD	+0.0364%	1h	0.4566	+0.171%	$49.8M	$44.6M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.0496%	1h	0.4567	+0.182%	$864K	$2.9M	50x	as long as short
Coinbase International WLD-PERP-INTX	+0.0536%	1h	0.4566	+0.169%	$275K	$1.7M	50x	as long as short