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 −0.010%

Price spread now: MEXC against BingX0.000%7-day average — · you sell dearer than you buy

Net, funding: paid 7d − costs−$24as in the Funding arb table

Net, price: spread back to 7d avg − costs−$16as in the Price arb table

costs, in and out, $10k−$160.160% of the position

Long on BingX Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.075%−$8 on $10k

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

Together, before fees—needs both histories

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX WLD-USDT	0.4475	0.0100	pay 0.0100% / 8h	5h 54m	—	$55.3M	—
Short	MEXC WLD_USDT	0.4475	0.0100	get 0.0100% / 8h	5h 54m	$42.5M	$54.1M	300x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → 0.000%: $0
Slippage, 4 orders: −$5.99
Fee BingX: 5 bp × 2 orders: −$10
Fee MEXC: 0 bp × 2 orders: $0
Net: −$15.99
Costs to cover: 0.160%
Break-even: never at this rate

Slippage from BingX: live order book, 2 min ago; MEXC: live order book, 2 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, 2 min ago	1.12 bp	6.1 bp −$6	8.9 bp −$89	22.0 bp −$2,200	107.0 bp −$53.5K
Sell MEXC live order book, 2 min ago	1.12 bp	2.6 bp −$3	5.8 bp −$58	16.4 bp −$1,642	60.6 bp −$30.3K

WLD on 38 exchanges

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
Deribit WLD_USDC-PERPETUAL	−0.0196%	1h	0.4478	+0.067%	$102K	$1.1M	25x	as long as short
Kraken Futures PF_WLDUSD	−0.0193%	1h	0.4479	+0.091%	$874K	$2.6M	50x	as long as short
Polymarket Perps WLD-USD	−0.0124%	1h	0.4473	−0.047%	$48K	$2.6M	10x	as long as short
Nado WLD-PERP	−0.0122%	1h	0.4478	+0.067%	$235K	$159K	5x	as long as short
Bybit WLDUSDT	−0.0095%	8h	0.4473	−0.045%	$63.7M	$84.8M	50x	as long as short
01 Exchange WLDUSD	−0.0072%	1h	0.4478	+0.072%	$320	$55	5x	as long as short
Gate WLD_USDT	−0.0071%	8h	0.4476	+0.022%	$7.0M	$31.0M	75x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4482	+0.161%	$153K	$31K	10x	as long as short
Kalshi KXWLDPERP	0.0000%	8h	0.4481	+0.134%	$51K	$4.2M	1.7x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4488	+0.301%	$65K	—	150x	as long as short

Show all 38 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective WLD/USDC PERP	+0.0007%	1h	0.4477	+0.045%	$6K	$185K	5.5x	as long as short
KuCoin WLDUSDTM	+0.0070%	8h	0.4474	−0.022%	$6.6M	$10.4M	50x	as long as short
Orderly PERP_WLD_USDC	+0.0090%	8h	0.4477	+0.045%	$27K	$345K	10x	as long as short
Variational Omni WLD	+0.0094%	8h	0.4473	−0.037%	$2.1M	$1.4M	—	as long as short
Lighter WLD	+0.0096%	1h	0.4482	+0.165%	$4.9M	$3.0M	10x	as long as short
Hyperliquid WLD	+0.0100%	1h	0.4480	+0.109%	$49.4M	$30.0M	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4477	+0.045%	$210K	$884K	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4482	+0.156%	$58K	$498K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4474	−0.022%	$85.1M	$311.9M	75x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4474	−0.022%	$34.1M	$140.6M	50x	as long as short
MEXC WLD_USDTshort	+0.0100%	8h	0.4475	0.000%	$42.5M	$54.1M	300x
Bitget WLDUSDT	+0.0100%	8h	0.4474	−0.022%	$29.6M	$28.5M	75x	as long as short
BingX WLD-USDTlong	+0.0100%	8h	0.4475	long leg	—	$55.3M	—
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4478	+0.065%	$126K	$273K	10x	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4484	+0.196%	$27K	$321K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4488	+0.291%	$593K	$2.2M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4488	+0.291%	$59K	$242K	50x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4482	+0.156%	$22K	$1.4M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4476	+0.022%	$234	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4487	+0.268%	$823K	$1.2M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4480	+0.112%	$1.7M	$3.6M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4474	−0.033%	$211K	$659K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4479	+0.078%	$30K	$500	3x	as long as short
Phoenix WLD	+0.0123%	1h	0.4492	+0.373%	$4K	$40K	10x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4475	−0.002%	—	—	20x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0218% / S −0.0967%	1h	0.4478	+0.069%	$4K	—	100x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4482	+0.156%	$4.8M	$908K	75x	as long as short
Coinbase International WLD-PERP-INTX	+0.0344%	1h	0.4486	+0.246%	$273K	$976K	50x	as long as short