Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: edgeX against ApeX Omni−0.025%7-day average −0.077% · you buy dearer than you sell

Net, funding: paid 7d − costs−$51as in the Funding arb table

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

costs, in and out, $10k−$510.513% of the position

Long on ApeX Omni Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.002%$0 on $10k

Price spread, last 4 days (all we have)−0.023%−$2 · spread now −0.025%, 7d avg −0.077%

Together, before fees−0.021%+ Points / potential airdropedgeX: Active · farm board−$2 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: edgeX is 0.052% dearer against ApeX Omni than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.077%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni WLDUSDT	0.4537	0.0100	pay 0.0013% / 1h	49m 50s	$48K	$240K	50x
Short	edgeX WLDUSDC	0.4536	0.0100	get 0.0050% / 4h	1h 49m	$27K	$320K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now −0.025%Rate

Funding earned: $0
Price spread: −0.025% → −0.077%: $5.24
Slippage, 4 orders: −$32.28
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$46.04
Costs to cover: 0.513%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 57 min ago; edgeX: live order book, 58 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, 57 min ago	8.88 bp	16.8 bp −$17	113.4 bp −$1,134	doesn't fit	doesn't fit
Sell edgeX live order book, 58 min ago	4.43 bp	8.9 bp −$9	18.3 bp −$183	doesn't fit	doesn't fit

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	−0.0015%	1h	0.4533	−0.077%	$239K	$170K	5x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4542	+0.105%	$155K	$33K	10x	as long as short
Kalshi KXWLDPERP	0.0000%	8h	0.4544	+0.154%	$64K	$4.8M	1.7x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4546	+0.195%	$66K	—	150x	as long as short
KuCoin WLDUSDTM	+0.0082%	8h	0.4539	+0.044%	$6.7M	$11.9M	50x	as long as short
Orderly PERP_WLD_USDC	+0.0099%	8h	0.4543	+0.132%	$27K	$789K	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4543	+0.138%	$227K	$1.1M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4544	+0.150%	$50K	$539K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4542	+0.120%	$86.7M	$339.6M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4543	+0.132%	$64.9M	$91.7M	50x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4547	+0.220%	$34.4M	$155.6M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4542	+0.110%	$7.2M	$36.1M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4541	+0.088%	$40.2M	$56.6M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4538	+0.022%	$29.9M	$31.3M	75x	as long as short
BingX WLD-USDT	+0.0100%	8h	0.4542	+0.110%	—	$70.2M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4547	+0.214%	$132K	$300K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4541	+0.083%	$2.1M	$1.7M	—	as long as short
edgeX WLDUSDCshort	+0.0100%	4h	0.4536	−0.025%	$27K	$320K	20x
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4541	+0.088%	$603K	$2.0M	10x	as long as short
ApeX Omni WLDUSDTlong	+0.0100%	1h	0.4537	long leg	$48K	$240K	50x
Polymarket Perps WLD-USD	+0.0100%	1h	0.4545	+0.183%	$63K	$2.6M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4551	+0.309%	$22K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4545	+0.176%	$216	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4539	+0.044%	$830K	$1.7M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4546	+0.198%	$1.8M	$3.6M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4537	−0.005%	$209K	$1.0M	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4545	+0.172%	$31K	$500	3x	as long as short
Injective WLD/USDC PERP	+0.0132%	1h	0.4541	+0.088%	$6K	$185K	5.5x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4546	+0.205%	—	—	20x	as long as short
01 Exchange WLDUSD	+0.0152%	1h	0.4547	+0.216%	$325	$55	5x	as long as short
Phoenix WLD	+0.0158%	1h	0.4533	−0.097%	$5K	$44K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	+0.0190%	1h	0.4547	+0.220%	$151K	$1.0M	25x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0219% / S −0.0967%	1h	0.4545	+0.179%	$4K	—	100x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4543	+0.132%	$4.8M	$938K	75x	as long as short
Lighter WLD	+0.0288%	1h	0.4551	+0.311%	$4.9M	$2.9M	10x	as long as short
Coinbase International WLD-PERP-INTX	+0.0488%	1h	0.4553	+0.353%	$275K	$1.7M	50x	as long as short
Hyperliquid WLD	+0.0774%	1h	0.4551	+0.300%	$49.9M	$44.8M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.1041%	1h	0.4546	+0.196%	$865K	$2.9M	50x	as long as short