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

WLD

all WLD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0120%/8h= −13.1% APRnext payment $1.20 per $10,000 · paid last 24h −0.036%
Price spread now: Binance against BloFin−0.670%321s7-day average −0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$360.361% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.253%−$25 on $10k
Price spread, last 3 days (all we have)+0.539%+$54 · spread now −0.670%, 7d avg −0.032%
Together, before fees+0.286%+$29 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Binance is 0.639% cheaper against BloFin than usual: you would sell low and buy high (−$64 if the spread goes back to its 7-day average of −0.032%). Swap the legs. The two prices were read 321 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin WLD-USDT0.47190.0220pay 0.0220% / 8h6h 43m$5.0M$878K75x
ShortBinance WLDUSDT0.46870.0100get 0.0100% / 8h6h 43m$89.5M$320.2M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against BloFin. 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
−$25.2
Price spread: −0.670% → −0.032%
−$63.9
Slippage, 4 orders
−$14.1
Fee BloFin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$125.2
Costs to cover
0.361%
Break-even
never at this rate
Slippage from BloFin: live order book, 5 min ago; Binance: live order book, 15 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 BloFin live order book, 5 min ago1.07 bp12.5 bp −$1319.1 bp −$19152.2 bp −$5,216145.7 bp −$72.9K
Sell Binance live order book, 15 min ago1.07 bp10.4 bp −$1021.1 bp −$21162.1 bp −$6,208180.3 bp −$90.1K

WLD on 38 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
Injective WLD/USDC PERP−0.0235%1h0.4675−0.932%$6K$185K5.5xas long as short
Kalshi KXWLDPERP−0.0156%8h0.4672−0.996%$28K$4.2M1.7xas long as short
KuCoin WLDUSDTM−0.0038%8h0.4682−0.784%$7.0M$11.4M50xas long as short
Nado WLD-PERP−0.0001%1h0.4673−0.969%$271K$178K5xas long as short
dYdX WLD-USD0.0000%1h0.4665−1.143%$159K$19K10xas long as short
Deribit WLD_USDC-PERPETUAL0.0000%1h0.4675−0.932%$131K$909K25xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4673−0.978%$67K150xas long as short
ApeX Omni WLDUSDT+0.0029%1h0.4699−0.424%$51K$241K50xas long as short
Orderly PERP_WLD_USDC+0.0054%8h0.4674−0.954%$28K$898K10xas long as short
Phoenix WLD+0.0068%1h0.4686−0.701%$5K$54K10xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster WLDUSDT+0.0100%8h0.4676−0.911%$179K$1.0M50xas long as short
Pacifica WLD+0.0100%1h0.4667−1.100%$56K$493K5xas long as short
Binance WLDUSDTshort+0.0100%8h0.4687−0.670%$89.5M$320.2M75x
Bybit WLDUSDT+0.0100%8h0.4685−0.720%$67.3M$86.0M50xas long as short
OKX WLD-USDT-SWAP+0.0100%8h0.4688−0.657%$35.5M$152.0M50xas long as short
Gate WLD_USDT+0.0100%8h0.4684−0.742%$7.4M$36.8M75xas long as short
MEXC WLD_USDT+0.0100%8h0.4685−0.720%$47.8M$54.7M300xas long as short
Bitget WLDUSDT+0.0100%8h0.4688−0.657%$31.3M$28.5M75xas long as short
BingX WLD-USDC+0.0100%8h0.4684−0.742%$1.3Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4683−0.765%$140K$288K10xas long as short
Variational Omni WLD+0.0100%8h0.4677−0.895%$2.1M$1.7Mas long as short
edgeX WLDUSDC+0.0100%4h0.4700−0.412%$28K$319K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.47190.000%$625K$1.9M10xas long as short
Polymarket Perps WLD-USD+0.0100%1h0.4679−0.848%$85K$2.0M10xas long as short
SunX WLD-USDT+0.0100%8h0.4679−0.848%$23K$1.6M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4675−0.932%$226$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4673−0.975%$885K$1.9M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4676−0.911%$1.9M$3.7M50xas long as short
Extended WLD-USD+0.0104%1h0.4685−0.714%$215K$889K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4677−0.899%$32K$6003xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4671−1.022%20xas long as short
BloFin WLD-USDTlong+0.0220%8h0.4719long leg$5.0M$878K75x
GMX WLD/USD [ETH-USDC]L +0.0239% / S −0.1538%1h0.4669−1.057%$6K100xas long as short
01 Exchange WLDUSD+0.0312%1h0.4680−0.818%$335$775xas long as short
Coinbase International WLD-PERP-INTX+0.0456%1h0.4686−0.699%$277K$1.7M50xas long as short
Kraken Futures PF_WLDUSD+0.0640%1h0.4679−0.857%$928K$2.8M50xas long as short
Hyperliquid WLD+0.0712%1h0.4695−0.504%$52.5M$44.6M10xas long as short
Lighter WLD+0.0912%1h0.4687−0.689%$5.3M$2.1M10xas long as short