Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.016%

Price spread now: KuCoin against BingX−0.022%7-day average — · you buy dearer than you sell

Net, funding: paid 7d − costs−$58as in the Funding arb table

Net, price: spread back to 7d avg − costs−$53as in the Price arb table

costs, in and out, $10k−$510.506% of the position

Long on BingX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.079%−$8 on $10k

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

Together, before fees—needs both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.022% cheaper against BingX than usual: you would sell low and buy high, −$2 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX WLD-USDT	0.4510	0.0100	pay 0.0100% / 8h	7h 42m	—	$20.2M	—
Short	KuCoin WLDUSDTM	0.4509	0.0100	get 0.0100% / 8h	7h 42m	$6.6M	$11.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.022%Rate

Funding earned: $0
Price spread: −0.022% → 0.000%: −$2.22
Slippage, 4 orders: −$28.58
Fee BingX: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$52.79
Costs to cover: 0.506%
Break-even: never at this rate

Slippage from BingX: live order book, 11 min ago; KuCoin: live order book, 6 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, 11 min ago	1.11 bp	7.9 bp −$8	10.3 bp −$103	30.1 bp −$3,010	126.1 bp −$63.0K
Sell KuCoin live order book, 6 min ago	1.11 bp	19.3 bp −$19	49.9 bp −$499	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	−0.0014%	1h	0.4509	−0.022%	$234K	$175K	5x	as long as short
Kalshi KXWLDPERP	0.0000%	8h	0.4515	+0.111%	$36K	$4.6M	1.7x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4511	+0.022%	$118K	$1.0M	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4511	+0.021%	$65K	—	150x	as long as short
dYdX WLD-USD	+0.0022%	1h	0.4512	+0.047%	$154K	$32K	10x	as long as short
Orderly PERP_WLD_USDC	+0.0099%	8h	0.4509	−0.022%	$27K	$611K	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4514	+0.089%	$227K	$1.0M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4511	+0.022%	$54K	$543K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4514	+0.089%	$86.5M	$333.1M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4511	+0.022%	$63.8M	$89.3M	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	0.4512	+0.044%	$34.1M	$149.6M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4512	+0.044%	$7.1M	$34.5M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4509	−0.022%	$41.8M	$55.8M	300x	as long as short
KuCoin WLDUSDTMshort	+0.0100%	8h	0.4509	−0.022%	$6.6M	$11.6M	50x
Bitget WLDUSDT	+0.0100%	8h	0.4510	0.000%	$29.8M	$30.9M	75x	as long as short
BingX WLD-USDTlong	+0.0100%	8h	0.4510	long leg	—	$20.2M	—
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4511	+0.024%	$131K	$297K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4519	+0.194%	$2.1M	$1.5M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4519	+0.194%	$27K	$322K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4524	+0.308%	$600K	$2.1M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4518	+0.177%	$48K	$237K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4515	+0.100%	$49K	$2.7M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4513	+0.067%	$22K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4508	−0.044%	$215	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4511	+0.022%	$825K	$1.5M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4510	0.000%	$1.7M	$3.6M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4509	−0.026%	$208K	$876K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4510	−0.009%	$31K	$500	3x	as long as short
Injective WLD/USDC PERP	+0.0109%	1h	0.4508	−0.044%	$6K	$185K	5.5x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4506	−0.082%	—	—	20x	as long as short
Hyperliquid WLD	+0.0174%	1h	0.4515	+0.102%	$50.0M	$43.1M	10x	as long as short
01 Exchange WLDUSD	+0.0176%	1h	0.4516	+0.131%	$323	$55	5x	as long as short
Phoenix WLD	+0.0194%	1h	0.4526	+0.355%	$4K	$44K	10x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0219% / S −0.0967%	1h	0.4511	+0.024%	$4K	—	100x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4506	−0.089%	$4.4M	$907K	75x	as long as short
Lighter WLD	+0.0224%	1h	0.4514	+0.098%	$4.9M	$2.9M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.0304%	1h	0.4511	+0.012%	$867K	$2.8M	50x	as long as short
Coinbase International WLD-PERP-INTX	+0.0440%	1h	0.4515	+0.111%	$268K	$1.6M	50x	as long as short