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

WLD

all WLD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0065%/8h= +7.1% APRpaid last 24h −0.031%
Price spread now: Nado against BingX+0.054%7-day average · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$380.383% of the position
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 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropNado: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Nado is 0.054% dearer against BingX than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX WLD-USDT0.46310.0100pay 0.0100% / 8h5h 57m$67.2M
ShortNado WLD-PERP0.46330.0165get 0.0021% / 1h57m 38s$269K$187K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado 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

Funding earned
$13.67
Price spread: +0.054% → 0.000%
$5.4
Slippage, 4 orders
−$21.31
Fee BingX: 5 bp × 2 orders
−$10
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$19.24
Costs to cover
0.383%
Break-even
16.8 days
Slippage from BingX: live order book, 11 min ago; Nado: live order book, 5 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 BingX live order book, 11 min ago1.07 bp6.7 bp −$711.3 bp −$11323.4 bp −$2,341115.2 bp −$57.6K
Sell Nado live order book, 5 min ago7.36 bp10.9 bp −$1129.2 bp −$292doesn't fitdoesn't fit

WLD on 37 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
Kalshi KXWLDPERP−0.0136%8h0.4655+0.518%$58K$4.4M1.7xas long as short
KuCoin WLDUSDTM−0.0036%8h0.46310.000%$7.1M$11.5M50xas long as short
dYdX WLD-USD0.0000%1h0.4633+0.049%$165K$26K10xas long as short
Deribit WLD_USDC-PERPETUAL0.0000%1h0.4656+0.540%$120K$923K25xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4656+0.538%$56K150xas long as short
Orderly PERP_WLD_USDC+0.0067%8h0.4655+0.518%$28K$895K10xas long as short
Phoenix WLD+0.0068%1h0.4670+0.849%$5K$54K10xas long as short
Aster WLDUSDT+0.0100%8h0.4642+0.239%$178K$1.0M50xas long as short
Pacifica WLD+0.0100%1h0.4637+0.131%$51K$510K5xas long as short
Binance WLDUSDT+0.0100%8h0.4634+0.065%$88.2M$323.2M75xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit WLDUSDT+0.0100%8h0.4632+0.022%$66.3M$87.2M50xas long as short
OKX WLD-USDT-SWAP+0.0100%8h0.4630−0.022%$35.0M$148.8M50xas long as short
Gate WLD_USDT+0.0100%8h0.4629−0.043%$7.3M$36.3M75xas long as short
MEXC WLD_USDT+0.0100%8h0.46310.000%$45.5M$54.0M300xas long as short
Bitget WLDUSDT+0.0100%8h0.4628−0.065%$30.8M$29.2M75xas long as short
BingX WLD-USDTlong+0.0100%8h0.4631long leg$67.2M
Backpack WLD_USDC_PERP+0.0100%1h0.4649+0.397%$137K$285K10xas long as short
Variational Omni WLD+0.0100%8h0.4667+0.771%$2.1M$1.7Mas long as short
edgeX WLDUSDC+0.0100%4h0.4669+0.826%$28K$319K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4667+0.777%$616K$1.9M10xas long as short
ApeX Omni WLDUSDT+0.0100%1h0.4658+0.583%$51K$236K50xas long as short
Polymarket Perps WLD-USD+0.0100%1h0.4633+0.041%$65K$2.0M10xas long as short
SunX WLD-USDT+0.0100%8h0.4660+0.626%$23K$1.6M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4654+0.497%$298$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4653+0.475%$851K$1.9M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4651+0.432%$1.9M$3.7M50xas long as short
Extended WLD-USD+0.0104%1h0.4630−0.023%$214K$887K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4657+0.551%$32K$6003xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4630−0.027%20xas long as short
Nado WLD-PERPshort+0.0165%1h0.4633+0.054%$269K$187K5x
GMX WLD/USD [ETH-USDC]L +0.0230% / S −0.1268%1h0.4654+0.494%$5K100xas long as short
01 Exchange WLDUSD+0.0272%1h0.4636+0.097%$332$805xas long as short
Hyperliquid WLD+0.0417%1h0.4643+0.263%$51.6M$43.4M10xas long as short
Coinbase International WLD-PERP-INTX+0.0480%1h0.4660+0.626%$276K$1.7M50xas long as short
Lighter WLD+0.0608%1h0.4648+0.358%$5.3M$2.1M10xas long as short
Injective WLD/USDC PERP+0.0677%1h0.4666+0.756%$6K$185K5.5xas long as short
Kraken Futures PF_WLDUSD+0.0889%1h0.4656+0.546%$904K$2.9M50xas long as short