Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.005%

Price spread now: HTX against BingX0.000%7-day average −0.149% · you sell dearer than you buy

Net, funding: paid 7d − costs−$120as in the Funding arb table

Net, price: spread back to 7d avg − costs−$102as in the Price arb table

costs, in and out, $10k−$1171.167% of the position

Long on BingX Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.037%−$4 on $10k

Price spread, last 4 days (all we have)−0.069%−$7 · spread now 0.000%, 7d avg −0.149%

Together, before fees−0.107%−$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 0.149% dearer against BingX than usual: you sell high and buy low, +$15 on $10k if it goes back to its 7-day average of −0.149%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX WLD-USDT	0.4539	0.0100	pay 0.0100% / 8h	3h 21m	—	$67.8M	—
Short	HTX WLD-USDT	0.4539	0.0100	get 0.0100% / 8h	3h 21m	$830K	$1.8M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against BingX. 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 BingXbpFee HTXbpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → −0.149%: $14.93
Slippage, 4 orders: −$94.67
Fee BingX: 5 bp × 2 orders: −$10
Fee HTX: 6 bp × 2 orders: −$12
Net: −$101.75
Costs to cover: 1.167%
Break-even: never at this rate

Slippage from BingX: live order book, 3 min ago; HTX: live order book, 3 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 BingX live order book, 3 min ago	2.21 bp	8.5 bp −$9	11.7 bp −$117	29.7 bp −$2,967	131.8 bp −$65.9K
Sell HTX live order book, 3 min ago	7.72 bp	66.2 bp −$66	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
Nado WLD-PERP	−0.0026%	1h	0.4542	+0.077%	$241K	$205K	5x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4544	+0.103%	$155K	$33K	10x	as long as short
Kalshi KXWLDPERP	0.0000%	8h	0.4541	+0.044%	$81K	$4.7M	1.7x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4542	+0.066%	$65K	—	150x	as long as short
KuCoin WLDUSDTM	+0.0030%	8h	0.4539	0.000%	$6.9M	$11.7M	50x	as long as short
Orderly PERP_WLD_USDC	+0.0100%	8h	0.4542	+0.066%	$28K	$868K	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4538	−0.012%	$208K	$1.1M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4542	+0.073%	$49K	$524K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4539	0.000%	$86.5M	$330.9M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4539	0.000%	$64.6M	$90.1M	50x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4539	0.000%	$34.2M	$151.1M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4539	0.000%	$7.2M	$36.6M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4540	+0.022%	$40.2M	$55.2M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4539	0.000%	$30.0M	$30.2M	75x	as long as short
BingX WLD-USDTlong	+0.0100%	8h	0.4539	long leg	—	$67.8M	—
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4541	+0.040%	$134K	$304K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4540	+0.016%	$2.1M	$1.7M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4532	−0.156%	$27K	$319K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4542	+0.073%	$601K	$2.0M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4533	−0.132%	$43K	$238K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4541	+0.040%	$39K	$2.1M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4547	+0.176%	$23K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4541	+0.044%	$207	$5K	10x	as long as short
HTX WLD-USDTshort	+0.0100%	8h	0.4539	0.000%	$830K	$1.8M	50x
Phemex WLDUSDT	+0.0100%	8h	0.4540	+0.022%	$1.8M	$3.6M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4538	−0.027%	$214K	$984K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4542	+0.066%	$31K	$600	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4540	+0.016%	—	—	20x	as long as short
Injective WLD/USDC PERP	+0.0142%	1h	0.4576	+0.815%	$6K	$185K	5.5x	as long as short
Phoenix WLD	+0.0157%	1h	0.4526	−0.286%	$5K	$52K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	+0.0190%	1h	0.4543	+0.088%	$122K	$981K	25x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4537	−0.044%	$4.9M	$881K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0229% / S −0.1268%	1h	0.4543	+0.078%	$5K	—	100x	as long as short
01 Exchange WLDUSD	+0.0288%	1h	0.4546	+0.143%	$325	$55	5x	as long as short
Hyperliquid WLD	+0.0366%	1h	0.4543	+0.097%	$49.9M	$43.4M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.0522%	1h	0.4546	+0.146%	$882K	$2.9M	50x	as long as short
Coinbase International WLD-PERP-INTX	+0.0560%	1h	0.4546	+0.154%	$267K	$1.6M	50x	as long as short
Lighter WLD	+0.0832%	1h	0.4547	+0.183%	$5.2M	$2.6M	10x	as long as short