Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: HTX against ApeX Omni−0.280%7-day average −0.215% · you buy dearer than you sell

Net, funding: paid 7d − costs−$117as in the Funding arb table

Net, price: spread back to 7d avg − costs−$118as in the Price arb table

costs, in and out, $10k−$1121.118% of the position

Long on ApeX Omni Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.049%−$5 on $10k

Price spread, last 4 days (all we have)+0.328%+$33 · spread now −0.280%, 7d avg −0.215%

Together, before fees+0.279%+$28 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: HTX is 0.066% cheaper against ApeX Omni than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.215%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni WLDUSDT	0.4640	0.0100	pay 0.0013% / 1h	27m 15s	$51K	$236K	50x
Short	HTX WLD-USDT	0.4627	0.0100	get 0.0100% / 8h	5h 27m	$845K	$1.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now −0.280%Rate

Funding earned: $0
Price spread: −0.280% → −0.215%: −$6.56
Slippage, 4 orders: −$89.77
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee HTX: 6 bp × 2 orders: −$12
Net: −$118.33
Costs to cover: 1.118%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 34 min ago; HTX: live order book, 2 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, 34 min ago	6.43 bp	17.9 bp −$18	102.7 bp −$1,027	doesn't fit	doesn't fit
Sell HTX live order book, 2 min ago	14.06 bp	25.6 bp −$26	doesn't fit	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
Kalshi KXWLDPERP	−0.0130%	8h	0.4624	−0.345%	$53K	$4.5M	1.7x	as long as short
KuCoin WLDUSDTM	−0.0036%	8h	0.4621	−0.409%	$7.1M	$11.6M	50x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4622	−0.398%	$165K	$26K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4620	−0.431%	$119K	$923K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4619	−0.446%	$55K	—	150x	as long as short
Nado WLD-PERP	+0.0018%	1h	0.4619	−0.453%	$267K	$187K	5x	as long as short
01 Exchange WLDUSD	+0.0072%	1h	0.4623	−0.369%	$331	$80	5x	as long as short
Orderly PERP_WLD_USDC	+0.0074%	8h	0.4618	−0.474%	$28K	$893K	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4624	−0.352%	$174K	$1.0M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4623	−0.366%	$48K	$511K	5x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance WLDUSDT	+0.0100%	8h	0.4622	−0.388%	$87.8M	$325.3M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4623	−0.366%	$66.0M	$88.0M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4626	−0.302%	$34.8M	$149.0M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4618	−0.474%	$7.2M	$36.9M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4620	−0.431%	$45.7M	$54.4M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4618	−0.474%	$30.5M	$29.5M	75x	as long as short
BingX WLD-USDC	+0.0100%	8h	0.4619	−0.453%	—	$1.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4621	−0.409%	$134K	$291K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4635	−0.117%	$2.1M	$1.7M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4632	−0.169%	$28K	$317K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4627	−0.281%	$608K	$1.9M	10x	as long as short
ApeX Omni WLDUSDTlong	+0.0100%	1h	0.4640	long leg	$51K	$236K	50x
Polymarket Perps WLD-USD	+0.0100%	1h	0.4620	−0.431%	$55K	$2.0M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4628	−0.259%	$23K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4620	−0.431%	$176	$5K	10x	as long as short
HTX WLD-USDTshort	+0.0100%	8h	0.4627	−0.280%	$845K	$1.9M	50x
Phemex WLDUSDT	+0.0100%	8h	0.4623	−0.366%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4617	−0.490%	$213K	$927K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4619	−0.449%	$31K	$600	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4618	−0.471%	—	—	20x	as long as short
Phoenix WLD	+0.0172%	1h	0.4643	+0.058%	$5K	$57K	10x	as long as short
Lighter WLD	+0.0184%	1h	0.4626	−0.306%	$5.0M	$2.3M	10x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4624	−0.345%	$5.0M	$802K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0230% / S −0.1268%	1h	0.4619	−0.461%	$5K	—	100x	as long as short
Hyperliquid WLD	+0.0461%	1h	0.4627	−0.291%	$51.5M	$42.9M	10x	as long as short
Coinbase International WLD-PERP-INTX	+0.0480%	1h	0.4627	−0.280%	$274K	$1.7M	50x	as long as short
Injective WLD/USDC PERP	+0.0677%	1h	0.4616	−0.517%	$6K	$185K	5.5x	as long as short
Kraken Futures PF_WLDUSD	+0.0896%	1h	0.4621	−0.411%	$894K	$2.9M	50x	as long as short