Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0120%/8h= +13.1% APRpaid last 24h +0.022%

Price spread now: BloFin against ApeX Omni+0.022%7-day average −0.029% · you sell dearer than you buy

Net, funding: paid 7d − costs−$34as in the Funding arb table

Net, price: spread back to 7d avg − costs−$46as in the Price arb table

costs, in and out, $10k−$510.512% of the position

Long on ApeX Omni Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.168%+$17 on $10k

Price spread, last 4 days (all we have)+0.216%+$22 · spread now +0.022%, 7d avg −0.029%

Together, before fees+0.384%+$38 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.052% dearer against ApeX Omni than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.029%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni WLDUSDT	0.4478	0.0100	pay 0.0013% / 1h	5m 35s	$48K	$249K	50x
Short	BloFin WLD-USDT	0.4479	0.0220	get 0.0220% / 8h	5h 05m	$4.7M	$908K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against ApeX 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 ApeX OmnibpFee BloFinbpOrdersPrice spread, now +0.022%Rate

Funding earned: $25.2
Price spread: +0.022% → −0.029%: $5.16
Slippage, 4 orders: −$29.16
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$20.8
Costs to cover: 0.512%
Break-even: 12.8 days

Slippage from ApeX Omni: live order book, 39 min ago; BloFin: live order book, 6 min ago.

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 ApeX Omni live order book, 39 min ago	7.84 bp	16.4 bp −$16	114.3 bp −$1,143	doesn't fit	doesn't fit
Sell BloFin live order book, 6 min ago	3.36 bp	9.4 bp −$9	14.6 bp −$146	41.7 bp −$4,174	115.3 bp −$57.6K

WLD on 38 exchanges

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
Polymarket Perps WLD-USD	−0.0358%	1h	0.4477	−0.018%	$41K	$2.7M	10x	as long as short
Kraken Futures PF_WLDUSD	−0.0193%	1h	0.4480	+0.052%	$840K	$2.6M	50x	as long as short
Bybit WLDUSDT	−0.0143%	8h	0.4477	−0.022%	$63.9M	$85.0M	50x	as long as short
Nado WLD-PERP	−0.0118%	1h	0.4478	0.000%	$234K	$157K	5x	as long as short
Gate WLD_USDT	−0.0088%	8h	0.4477	−0.022%	$7.0M	$31.8M	75x	as long as short
01 Exchange WLDUSD	−0.0040%	1h	0.4481	+0.071%	$321	$55	5x	as long as short
Kalshi KXWLDPERP	0.0000%	8h	0.4478	0.000%	$59K	$4.2M	1.7x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4480	+0.045%	$101K	$1.1M	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4479	+0.013%	$65K	—	150x	as long as short
dYdX WLD-USD	+0.0003%	1h	0.4479	+0.028%	$153K	$31K	10x	as long as short

Show all 38 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective WLD/USDC PERP	+0.0007%	1h	0.4477	−0.022%	$6K	$185K	5.5x	as long as short
Variational Omni WLD	+0.0017%	8h	0.4477	−0.015%	$2.1M	$1.4M	—	as long as short
KuCoin WLDUSDTM	+0.0019%	8h	0.4478	0.000%	$6.8M	$10.2M	50x	as long as short
Phoenix WLD	+0.0053%	1h	0.4480	+0.040%	$4K	$40K	10x	as long as short
Orderly PERP_WLD_USDC	+0.0083%	8h	0.4478	0.000%	$27K	$249K	10x	as long as short
Lighter WLD	+0.0096%	1h	0.4484	+0.138%	$4.9M	$3.0M	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4480	+0.040%	$219K	$904K	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4480	+0.045%	$64K	$512K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4477	−0.014%	$84.7M	$313.2M	75x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4476	−0.045%	$34.3M	$142.2M	50x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4478	0.000%	$42.4M	$56.2M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4477	−0.022%	$29.3M	$28.5M	75x	as long as short
BingX WLD-USDT	+0.0100%	8h	0.4477	−0.022%	—	$55.4M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4480	+0.036%	$126K	$272K	10x	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4475	−0.058%	$27K	$321K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4480	+0.045%	$600K	$2.3M	10x	as long as short
ApeX Omni WLDUSDTlong	+0.0100%	1h	0.4478	long leg	$48K	$249K	50x
SunX WLD-USDT	+0.0100%	8h	0.4483	+0.112%	$22K	$1.4M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4480	+0.045%	$234	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4479	+0.022%	$821K	$1.1M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4479	+0.022%	$1.7M	$3.5M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4475	−0.065%	$211K	$649K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4480	+0.046%	$30K	$500	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4476	−0.038%	—	—	20x	as long as short
Hyperliquid WLD	+0.0173%	1h	0.4487	+0.192%	$50.7M	$28.5M	10x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0219% / S −0.0967%	1h	0.4481	+0.063%	$4K	—	100x	as long as short
BloFin WLD-USDTshort	+0.0220%	8h	0.4479	+0.022%	$4.7M	$908K	75x
Coinbase International WLD-PERP-INTX	+0.0344%	1h	0.4484	+0.134%	$272K	$975K	50x	as long as short