Settings8H · net · $10k
Funding arb · Price arb /

WLD

all WLD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0396%/8h= +43.4% APRpaid last 24h +0.070%
Price spread now: Coinbase International against Aster+0.289%7-day average +0.061% · you sell dearer than you buy
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$700.703% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.086%+$9 on $10k
Price spread, last 4 days (all we have)−0.079%−$8 · spread now +0.289%, 7d avg +0.061%
Together, before fees+0.007%+ Points / potential airdropAster: Stage 5 · farm board+$1 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Coinbase International is 0.227% dearer against Aster than usual: you sell high and buy low: +$23 more if the spread goes back to its 7-day average of +0.061%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.086% in total (about 4.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster WLDUSDT0.45700.0100pay 0.0100% / 8h4h 43m$190K$1.1M50x
ShortCoinbase International WLD-PERP-INTX0.45830.0496get 0.0062% / 1h43m 59s$269K$1.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Aster. 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

Funding earned
$83.16
Price spread: +0.289% → +0.061%
$22.74
Slippage, 4 orders
−$52.32
Fee Aster: 4 bp × 2 orders
−$8
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$35.57
Costs to cover
0.703%
Break-even
4.0 days
Slippage from Aster: live order book, 4 min ago; Coinbase International: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 4 min ago3.29 bp12.6 bp −$1333.7 bp −$337doesn't fitdoesn't fit
Sell Coinbase International live order book, 5 min ago7.66 bp16.3 bp −$1619.0 bp −$190doesn't fitdoesn't fit

WLD on 38 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kalshi KXWLDPERP−0.0106%8h0.4569−0.018%$62K$4.6M1.7xas long as short
Nado WLD-PERP−0.0073%1h0.4580+0.223%$243K$205K5xas long as short
KuCoin WLDUSDTM−0.0035%8h0.4569−0.018%$7.0M$11.7M50xas long as short
dYdX WLD-USD0.0000%1h0.4568−0.048%$156K$33K10xas long as short
Deribit WLD_USDC-PERPETUAL0.0000%1h0.4572+0.048%$118K$927K25xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4572+0.044%$66K150xas long as short
Injective WLD/USDC PERP+0.0014%1h0.4558−0.259%$6K$185K5.5xas long as short
01 Exchange WLDUSD+0.0032%1h0.4581+0.243%$328$805xas long as short
Orderly PERP_WLD_USDC+0.0084%8h0.4571+0.026%$28K$888K10xas long as short
Lighter WLD+0.0096%1h0.4577+0.148%$4.9M$2.4M10xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster WLDUSDTlong+0.0100%8h0.4570long leg$190K$1.1M50x
Pacifica WLD+0.0100%1h0.4571+0.037%$49K$528K5xas long as short
Binance WLDUSDT+0.0100%8h0.4572+0.044%$86.7M$327.2M75xas long as short
Bybit WLDUSDT+0.0100%8h0.4570+0.004%$65.2M$88.8M50xas long as short
OKX WLD-USDT-SWAP+0.0100%8h0.4571+0.026%$34.3M$149.0M50xas long as short
Gate WLD_USDT+0.0100%8h0.4571+0.026%$7.2M$36.7M75xas long as short
MEXC WLD_USDT+0.0100%8h0.4572+0.048%$44.4M$53.8M300xas long as short
Bitget WLDUSDT+0.0100%8h0.4572+0.048%$30.2M$30.1M75xas long as short
BingX WLD-USDC+0.0100%8h0.4572+0.048%$1.3Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4573+0.074%$135K$298K10xas long as short
Variational Omni WLD+0.0100%8h0.4562−0.179%$2.1M$1.7Mas long as short
edgeX WLDUSDC+0.0100%4h0.4564−0.124%$27K$320K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4561−0.192%$600K$1.9M10xas long as short
ApeX Omni WLDUSDT+0.0100%1h0.4566−0.083%$43K$239K50xas long as short
Polymarket Perps WLD-USD+0.0100%1h0.4578+0.183%$51K$2.1M10xas long as short
SunX WLD-USDT+0.0100%8h0.4578+0.179%$23K$1.6M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4572+0.048%$175$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4577+0.157%$837K$1.9M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4573+0.070%$1.8M$3.7M50xas long as short
Extended WLD-USD+0.0104%1h0.4569−0.012%$220K$981K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4570+0.009%$31K$6003xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4579+0.193%20xas long as short
Phoenix WLD+0.0158%1h0.4569−0.009%$5K$52K10xas long as short
Hyperliquid WLD+0.0189%1h0.4577+0.166%$50.2M$43.2M10xas long as short
BloFin WLD-USDT+0.0220%8h0.4564−0.127%$4.9M$845K75xas long as short
GMX WLD/USD [ETH-USDC]L +0.0229% / S −0.1268%1h0.4573+0.072%$5K100xas long as short
Kraken Futures PF_WLDUSD+0.0480%1h0.4573+0.075%$885K$2.8M50xas long as short
Coinbase International WLD-PERP-INTXshort+0.0496%1h0.4583+0.289%$269K$1.7M50x