Funding arb · Price arb /

WLD

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.003%

Price spread now: Aster against Aevo−0.022%7-day average — · you buy dearer than you sell

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

Long on Aevo Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.022% cheaper against Aevo than usual: you would sell low and buy high, −$2 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	Aevo WLD-PERP	0.4515	0.0104	pay 0.0013% / 1h	53m 39s	$31K	$500	3x
Short	Aster WLDUSDT	0.4514	0.0100	get 0.0100% / 8h	7h 53m	$227K	$1.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Aevo. 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 AevobpFee AsterbpOrdersPrice spread, now −0.022%Rate

Funding earned: −$0.84
Price spread: −0.022% → 0.000%: −$2.23
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Aster: 4 bp × 2 orders: −$8
Net: −$27.07
Costs to cover: 0.240%
Break-even: never at this rate

Slippage unknown: Aevo: no order-book sample; Aster: 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 Aevo no order-book sample	—	—	—	—	—
Sell Aster live order book, 4 min ago	2.21 bp	16.1 bp −$16	35.6 bp −$356	doesn't fit	doesn't fit

Aevo: 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
dYdX WLD-USD	0.0000%	1h	0.4512	−0.064%	$154K	$32K	10x	as long as short
Kalshi KXWLDPERP	0.0000%	8h	0.4517	+0.044%	$40K	$4.6M	1.7x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4515	0.000%	$119K	$1.0M	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4515	+0.006%	$65K	—	150x	as long as short
Nado WLD-PERP	+0.0014%	1h	0.4519	+0.100%	$234K	$175K	5x	as long as short
Gate WLD_USDT	+0.0066%	8h	0.4514	−0.022%	$7.1M	$34.5M	75x	as long as short
Orderly PERP_WLD_USDC	+0.0099%	8h	0.4514	−0.022%	$27K	$631K	10x	as long as short
Aster WLDUSDTshort	+0.0100%	8h	0.4514	−0.022%	$227K	$1.0M	50x
Pacifica WLD	+0.0100%	1h	0.4514	−0.027%	$54K	$543K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4513	−0.041%	$86.6M	$333.1M	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	0.4511	−0.089%	$63.8M	$89.4M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4513	−0.044%	$34.2M	$149.9M	50x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4514	−0.022%	$41.9M	$55.5M	300x	as long as short
KuCoin WLDUSDTM	+0.0100%	8h	0.4511	−0.089%	$6.6M	$11.6M	50x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4514	−0.022%	$29.8M	$31.0M	75x	as long as short
BingX WLD-USDC	+0.0100%	8h	0.4514	−0.022%	—	$1.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4515	+0.007%	$131K	$298K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4509	−0.138%	$2.1M	$1.5M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4529	+0.314%	$27K	$320K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4528	+0.280%	$601K	$2.1M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4521	+0.133%	$48K	$238K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4519	+0.089%	$49K	$2.7M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4526	+0.244%	$22K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4514	−0.022%	$218	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4520	+0.111%	$827K	$1.5M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4514	−0.022%	$1.7M	$3.6M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4512	−0.061%	$208K	$878K	10x	as long as short
Aevo WLD-PERPlong	+0.0104%	1h	0.4515	long leg	$31K	$500	3x
Injective WLD/USDC PERP	+0.0109%	1h	0.4508	−0.155%	$6K	$185K	5.5x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4514	−0.027%	—	—	20x	as long as short
Phoenix WLD	+0.0177%	1h	0.4530	+0.326%	$4K	$44K	10x	as long as short
01 Exchange WLDUSD	+0.0208%	1h	0.4518	+0.071%	$323	$55	5x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0219% / S −0.0967%	1h	0.4515	−0.009%	$4K	—	100x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4511	−0.089%	$4.4M	$895K	75x	as long as short
Kraken Futures PF_WLDUSD	+0.0303%	1h	0.4515	+0.007%	$868K	$2.8M	50x	as long as short
Lighter WLD	+0.0328%	1h	0.4516	+0.024%	$4.9M	$2.9M	10x	as long as short
Hyperliquid WLD	+0.0341%	1h	0.4518	+0.073%	$50.2M	$43.0M	10x	as long as short
Coinbase International WLD-PERP-INTX	+0.0440%	1h	0.4525	+0.221%	$269K	$1.6M	50x	as long as short