Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0097%/8h= −10.6% APRpaid last 24h −0.021%

Price spread now: gTrade (Gains Network) against Aster−0.072%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Aster Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.072% cheaper against Aster than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster WLDUSDT	0.4559	0.0100	pay 0.0100% / 8h	3h 27m	$209K	$1.1M	50x
Short	gTrade (Gains Network) WLD/USD	0.4556	L +0.0003% / S −0.0003%	get 0.0000% / 1h	27m 15s	$66K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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 gTrade (Gains Network)bpOrdersPrice spread, now −0.072%Rate

Funding earned: −$20.42
Price spread: −0.072% → 0.000%: −$7.15
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$45.57
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Aster: live order book, 1 min ago; gTrade (Gains Network): no order-book sample. Net counts fees only.

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, 1 min ago	2.19 bp	17.6 bp −$18	29.3 bp −$293	doesn't fit	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0032%	1h	0.4555	−0.109%	$241K	$205K	5x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4557	−0.062%	$155K	$33K	10x	as long as short
Kalshi KXWLDPERP	0.0000%	8h	0.4555	−0.098%	$61K	$4.6M	1.7x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4555	−0.098%	$124K	$942K	25x	as long as short
gTrade (Gains Network) WLD/USDshort	L +0.0003% / S −0.0003%	1h	0.4556	−0.072%	$66K	—	150x
KuCoin WLDUSDTM	+0.0024%	8h	0.4554	−0.120%	$6.9M	$11.7M	50x	as long as short
Polymarket Perps WLD-USD	+0.0099%	1h	0.4554	−0.127%	$39K	$2.1M	10x	as long as short
Aster WLDUSDTlong	+0.0100%	8h	0.4559	long leg	$209K	$1.1M	50x
Pacifica WLD	+0.0100%	1h	0.4558	−0.040%	$49K	$524K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4554	−0.130%	$86.8M	$329.7M	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	0.4550	−0.208%	$64.8M	$89.7M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4549	−0.230%	$34.5M	$150.7M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4554	−0.120%	$7.3M	$36.5M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4553	−0.142%	$41.5M	$54.7M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4553	−0.142%	$30.1M	$30.0M	75x	as long as short
BingX WLD-USDC	+0.0100%	8h	0.4554	−0.120%	—	$1.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4554	−0.114%	$136K	$302K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4580	+0.443%	$2.2M	$1.6M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4569	+0.214%	$27K	$318K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4562	+0.055%	$600K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4580	+0.450%	$43K	$238K	50x	as long as short
Orderly PERP_WLD_USDC	+0.0100%	8h	0.4554	−0.120%	$28K	$867K	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4560	+0.011%	$23K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4554	−0.120%	$204	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4557	−0.054%	$833K	$1.8M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4555	−0.098%	$1.8M	$3.6M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4551	−0.193%	$217K	$984K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4555	−0.109%	$31K	$600	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4554	−0.128%	—	—	20x	as long as short
Injective WLD/USDC PERP	+0.0142%	1h	0.4576	+0.362%	$6K	$185K	5.5x	as long as short
Phoenix WLD	+0.0157%	1h	0.4584	+0.542%	$5K	$52K	10x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4554	−0.120%	$4.9M	$890K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0229% / S −0.1268%	1h	0.4555	−0.090%	$5K	—	100x	as long as short
01 Exchange WLDUSD	+0.0296%	1h	0.4558	−0.028%	$326	$55	5x	as long as short
Hyperliquid WLD	+0.0403%	1h	0.4562	+0.049%	$50.1M	$43.4M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.0521%	1h	0.4555	−0.102%	$885K	$2.9M	50x	as long as short
Coinbase International WLD-PERP-INTX	+0.0560%	1h	0.4561	+0.033%	$266K	$1.6M	50x	as long as short
Lighter WLD	+0.0808%	1h	0.4563	+0.088%	$5.2M	$2.6M	10x	as long as short