Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.018%

Price spread now: dYdX against Aster+0.038%7-day average +0.019% · you sell dearer than you buy

Net, funding: paid 7d − costs−$300as in the Funding arb table

Net, price: spread back to 7d avg − costs−$284as in the Price arb table

costs, in and out, $10k−$2862.862% of the position

Long on Aster Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.136%−$14 on $10k

Price spread, last 4 days (all we have)−0.080%−$8 · spread now +0.038%, 7d avg +0.019%

Together, before fees−0.216%+ Points / potential airdropAster: Stage 5 · farm board−$22 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.019%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster WLDUSDT	0.4576	0.0100	pay 0.0100% / 8h	26m 29s	$189K	$1.0M	50x
Short	dYdX WLD-USD	0.4577	0	get 0.0000% / 1h	26m 29s	$163K	$13K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX 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

Position, each leg$Hold fordaysFee AsterbpFee dYdXbpOrdersPrice spread, now +0.038%Rate

Funding earned: −$21
Price spread: +0.038% → +0.019%: $1.92
Slippage, 4 orders: −$268.25
Fee Aster: 4 bp × 2 orders: −$8
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$305.32
Costs to cover: 2.862%
Break-even: never at this rate

Slippage from Aster: live order book, 2 min ago; dYdX: live order book, 53 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 Aster live order book, 2 min ago	2.18 bp	14.8 bp −$15	30.8 bp −$308	doesn't fit	doesn't fit
Sell dYdX live order book, 53 min ago	91.21 bp	162.0 bp −$162	227.9 bp −$2,279	239.5 bp −$24.0K	613.9 bp −$307.0K

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	−0.0201%	8h	0.4579	+0.072%	$63K	$3.9M	1.7x	as long as short
dYdX WLD-USDshort	0.0000%	1h	0.4577	+0.038%	$163K	$13K	10x
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4583	+0.159%	$113K	$885K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4569	−0.142%	$56K	—	150x	as long as short
KuCoin WLDUSDTM	+0.0011%	8h	0.4568	−0.169%	$6.9M	$11.0M	50x	as long as short
Orderly PERP_WLD_USDC	+0.0030%	8h	0.4582	+0.137%	$28K	$908K	10x	as long as short
Nado WLD-PERP	+0.0046%	1h	0.4572	−0.092%	$275K	$169K	5x	as long as short
Aster WLDUSDTlong	+0.0100%	8h	0.4576	long leg	$189K	$1.0M	50x
Pacifica WLD	+0.0100%	1h	0.4577	+0.026%	$53K	$483K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4573	−0.058%	$86.3M	$301.5M	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	0.4570	−0.125%	$65.4M	$82.7M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4569	−0.147%	$34.2M	$142.5M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4574	−0.038%	$7.4M	$35.7M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4570	−0.125%	$45.6M	$53.0M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4569	−0.147%	$30.1M	$25.9M	75x	as long as short
BingX WLD-USDT	+0.0100%	8h	0.4575	−0.016%	—	$67.1M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4586	+0.231%	$129K	$272K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4586	+0.224%	$2.1M	$1.6M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4580	+0.088%	$27K	$315K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4588	+0.260%	$619K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4583	+0.159%	$55K	$228K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4572	−0.072%	$45K	$1.6M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4589	+0.290%	$23K	$1.5M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4581	+0.115%	$214	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4579	+0.072%	$853K	$1.8M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4585	+0.203%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4572	−0.088%	$233K	$845K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4583	+0.150%	$31K	$5K	3x	as long as short
Phoenix WLD	+0.0104%	1h	0.4587	+0.236%	$5K	$53K	10x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4569	−0.137%	—	—	20x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4585	+0.203%	$4.9M	$825K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0229% / S −0.1268%	1h	0.4582	+0.143%	$5K	—	100x	as long as short
01 Exchange WLDUSD	+0.0264%	1h	0.4573	−0.055%	$327	$77	5x	as long as short
Injective WLD/USDC PERP	+0.0373%	1h	0.4592	+0.356%	$6K	$185K	5.5x	as long as short
Coinbase International WLD-PERP-INTX	+0.0440%	1h	0.4577	+0.028%	$270K	$1.6M	50x	as long as short
Hyperliquid WLD	+0.0483%	1h	0.4577	+0.028%	$49.6M	$43.1M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.0717%	1h	0.4584	+0.176%	$906K	$2.7M	50x	as long as short
Lighter WLD	+0.1440%	1h	0.4583	+0.161%	$5.2M	$2.0M	10x	as long as short