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 Bitget−0.089%7-day average −0.112% · you buy dearer than you sell

Net, funding: paid 7d − costs−$106as in the Funding arb table

Net, price: spread back to 7d avg − costs−$103as in the Price arb table

costs, in and out, $10k−$1051.049% of the position

Long on Bitget Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.010%−$1 on $10k

Price spread, last 4 days (all we have)−0.087%−$9 · spread now −0.089%, 7d avg −0.112%

Together, before fees−0.097%−$10 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 0.023% dearer against Bitget than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.112%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget WLDUSDT	0.4505	0.0100	pay 0.0100% / 8h	17m 59s	$29.8M	$31.0M	75x
Short	HTX WLD-USDT	0.4501	0.0100	get 0.0100% / 8h	17m 59s	$823K	$1.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against Bitget. 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 BitgetbpFee HTXbpOrdersPrice spread, now −0.089%Rate

Funding earned: $0
Price spread: −0.089% → −0.112%: $2.27
Slippage, 4 orders: −$80.86
Fee Bitget: 6 bp × 2 orders: −$12
Fee HTX: 6 bp × 2 orders: −$12
Net: −$102.59
Costs to cover: 1.049%
Break-even: never at this rate

Slippage from Bitget: live order book, 1 min ago; HTX: live order book, 1 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 Bitget live order book, 1 min ago	1.11 bp	10.5 bp −$10	21.4 bp −$214	75.1 bp −$7,505	doesn't fit
Sell HTX live order book, 1 min ago	14.44 bp	33.7 bp −$34	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
Injective WLD/USDC PERP	−0.0309%	1h	0.4531	+0.577%	$6K	$185K	5.5x	as long as short
Nado WLD-PERP	−0.0027%	1h	0.4505	−0.011%	$235K	$175K	5x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4506	+0.025%	$154K	$32K	10x	as long as short
Kalshi KXWLDPERP	0.0000%	8h	0.4504	−0.022%	$58K	$4.7M	1.7x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4506	+0.031%	$65K	—	150x	as long as short
Orderly PERP_WLD_USDC	+0.0099%	8h	0.4508	+0.067%	$27K	$683K	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4507	+0.038%	$228K	$1.0M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4505	−0.004%	$54K	$546K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4505	0.000%	$86.3M	$334.5M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4504	−0.022%	$63.8M	$89.8M	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	0.4505	0.000%	$34.1M	$150.9M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4507	+0.044%	$7.0M	$35.9M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4506	+0.022%	$41.7M	$56.9M	300x	as long as short
KuCoin WLDUSDTM	+0.0100%	8h	0.4507	+0.044%	$6.6M	$11.6M	50x	as long as short
Bitget WLDUSDTlong	+0.0100%	8h	0.4505	long leg	$29.8M	$31.0M	75x
BingX WLD-USDC	+0.0100%	8h	0.4506	+0.022%	—	$1.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4507	+0.055%	$131K	$298K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4481	−0.539%	$2.0M	$1.5M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4485	−0.439%	$27K	$320K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4488	−0.377%	$590K	$2.1M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4490	−0.333%	$48K	$238K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4506	+0.024%	$50K	$2.7M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4512	+0.155%	$23K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4509	+0.089%	$222	$5K	10x	as long as short
HTX WLD-USDTshort	+0.0100%	8h	0.4501	−0.089%	$823K	$1.5M	50x
Phemex WLDUSDT	+0.0100%	8h	0.4507	+0.044%	$1.7M	$3.6M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4503	−0.037%	$207K	$880K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4510	+0.112%	$31K	$500	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4503	−0.049%	—	—	20x	as long as short
Lighter WLD	+0.0152%	1h	0.4512	+0.160%	$4.9M	$2.9M	10x	as long as short
Phoenix WLD	+0.0177%	1h	0.4487	−0.388%	$4K	$43K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	+0.0194%	1h	0.4510	+0.111%	$136K	$986K	25x	as long as short
01 Exchange WLDUSD	+0.0216%	1h	0.4509	+0.082%	$323	$55	5x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0219% / S −0.0967%	1h	0.4506	+0.028%	$4K	—	100x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4511	+0.133%	$4.8M	$906K	75x	as long as short
Hyperliquid WLD	+0.0390%	1h	0.4512	+0.147%	$50.1M	$43.3M	10x	as long as short
Coinbase International WLD-PERP-INTX	+0.0448%	1h	0.4510	+0.111%	$268K	$1.6M	50x	as long as short
Kraken Futures PF_WLDUSD	+0.0458%	1h	0.4510	+0.119%	$864K	$2.8M	50x	as long as short