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

WLD

all WLD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.037%
Price spread now: HTX against Backpack−0.133%7-day average −0.199% · you buy dearer than you sell
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$740.743% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.025%−$2 on $10k
Price spread, last 3 days (all we have)−0.083%−$8 · spread now −0.133%, 7d avg −0.199%
Together, before fees−0.108%−$11 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% dearer against Backpack than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.199%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBackpack WLD_USDC_PERP0.45830.0100pay 0.0013% / 1h55m 09s$136K$283K10x
ShortHTX WLD-USDT0.45770.0100get 0.0100% / 8h7h 55m$852K$1.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Backpack. 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
$0
Price spread: −0.133% → −0.199%
$6.6
Slippage, 4 orders
−$52.3
Fee Backpack: 5 bp × 2 orders
−$10
Fee HTX: 6 bp × 2 orders
−$12
Net
−$67.7
Costs to cover
0.743%
Break-even
never at this rate
Slippage from Backpack: live order book, 18 min ago; HTX: live order book, 4 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 Backpack live order book, 18 min ago1.86 bp8.1 bp −$8doesn't fitdoesn't fitdoesn't fit
Sell HTX live order book, 4 min ago9.84 bp17.1 bp −$17173.3 bp −$1,733doesn'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
Gate WLD_USDT−0.0231%8h0.4581−0.046%$7.5M$35.0M75xas long as short
Kalshi KXWLDPERP−0.0206%8h0.4581−0.046%$65K$3.9M1.7xas long as short
ApeX Omni WLDUSDT−0.0046%1h0.4583−0.002%$54K$228K50xas long as short
KuCoin WLDUSDTM−0.0001%8h0.4576−0.155%$7.0M$11.0M50xas long as short
dYdX WLD-USD0.0000%1h0.4574−0.203%$163K$13K10xas long as short
Deribit WLD_USDC-PERPETUAL0.0000%1h0.4576−0.155%$122K$892K25xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4576−0.155%$56K150xas long as short
Nado WLD-PERP+0.0037%1h0.4576−0.155%$276K$169K5xas long as short
Injective WLD/USDC PERP+0.0038%1h0.4597+0.303%$6K$185K5.5xas long as short
Orderly PERP_WLD_USDC+0.0040%8h0.4575−0.177%$28K$905K10xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster WLDUSDT+0.0100%8h0.4577−0.133%$192K$1.0M50xas long as short
Pacifica WLD+0.0100%1h0.4576−0.165%$54K$487K5xas long as short
Binance WLDUSDT+0.0100%8h0.4578−0.111%$86.5M$304.0M75xas long as short
Bybit WLDUSDT+0.0100%8h0.4578−0.111%$65.8M$82.6M50xas long as short
OKX WLD-USDT-SWAP+0.0100%8h0.4582−0.024%$34.3M$143.6M50xas long as short
MEXC WLD_USDT+0.0100%8h0.4578−0.111%$46.4M$53.1M300xas long as short
Bitget WLDUSDT+0.0100%8h0.4583−0.002%$30.3M$26.1M75xas long as short
BingX WLD-USDT+0.0100%8h0.4583−0.002%$67.1Mas long as short
Backpack WLD_USDC_PERPlong+0.0100%1h0.4583long leg$136K$283K10x
Variational Omni WLD+0.0100%8h0.4593+0.213%$2.0M$1.7Mas long as short
edgeX WLDUSDC+0.0100%4h0.4577−0.123%$27K$316K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4589+0.140%$609K$1.9M10xas long as short
Polymarket Perps WLD-USD+0.0100%1h0.4577−0.129%$48K$1.6M10xas long as short
SunX WLD-USDT+0.0100%8h0.4581−0.046%$23K$1.5M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4576−0.155%$218$5K10xas long as short
HTX WLD-USDTshort+0.0100%8h0.4577−0.133%$852K$1.8M50x
Phemex WLDUSDT+0.0100%8h0.4579−0.089%$1.8M$3.7M50xas long as short
Extended WLD-USD+0.0104%1h0.4574−0.206%$231K$847K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4577−0.142%$31K$5K3xas long as short
Phoenix WLD+0.0104%1h0.4583+0.002%$5K$53K10xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4573−0.213%20xas long as short
BloFin WLD-USDT+0.0220%8h0.4578−0.111%$4.9M$820K75xas long as short
GMX WLD/USD [ETH-USDC]L +0.0229% / S −0.1268%1h0.4576−0.158%$5K100xas long as short
01 Exchange WLDUSD+0.0272%1h0.4577−0.127%$327$775xas long as short
Kraken Futures PF_WLDUSD+0.0329%1h0.4579−0.092%$902K$2.7M50xas long as short
Coinbase International WLD-PERP-INTX+0.0448%1h0.4579−0.089%$272K$1.6M50xas long as short
Hyperliquid WLD+0.0757%1h0.4587+0.079%$50.9M$43.6M10xas long as short
Lighter WLD+0.1152%1h0.4588+0.100%$5.2M$2.0M10xas long as short