Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0116%/8h= −12.7% APRpaid last 24h −0.022%

Price spread now: Extended against BloFin−0.376%94s7-day average −0.082% · you buy dearer than you sell

Net, funding: paid 7d − costs−$18as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$330.334% of the position

Long on BloFin Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.152%+$15 on $10k

Price spread, last 4 days (all we have)−0.488%−$49 · spread now −0.376%, 7d avg −0.082%

Together, before fees−0.336%+ Points / potential airdropExtended: Active · farm board−$34 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Extended is 0.294% cheaper against BloFin than usual: you would sell low and buy high (−$29 if the spread goes back to its 7-day average of −0.082%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.152%, so the current rate has only just turned against you. The two prices were read 94 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin WLD-USDT	0.4594	0.0220	pay 0.0220% / 8h	5h 07m	$5.0M	$801K	75x
Short	Extended WLD-USD	0.4577	0.0104	get 0.0013% / 1h	7m 35s	$212K	$955K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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

Position, each leg$Hold fordaysFee BloFinbpFee ExtendedbpOrdersPrice spread, now −0.376%Rate

Funding earned: −$24.36
Price spread: −0.376% → −0.082%: −$29.4
Slippage, 4 orders: −$16.43
Fee BloFin: 6 bp × 2 orders: −$12
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$87.19
Costs to cover: 0.334%
Break-even: never at this rate

Slippage from BloFin: live order book, 6 min ago; Extended: live order book, 55 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 BloFin live order book, 6 min ago	1.08 bp	12.9 bp −$13	19.8 bp −$198	45.8 bp −$4,583	136.9 bp −$68.5K
Sell Extended live order book, 55 min ago	2.14 bp	4.6 bp −$5	10.4 bp −$104	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
Kalshi KXWLDPERP	−0.0119%	8h	0.4590	−0.087%	$40K	$4.6M	1.7x	as long as short
KuCoin WLDUSDTM	−0.0030%	8h	0.4577	−0.370%	$7.0M	$11.6M	50x	as long as short
Nado WLD-PERP	−0.0001%	1h	0.4575	−0.424%	$242K	$205K	5x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4578	−0.346%	$163K	$26K	10x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4589	−0.113%	$55K	—	150x	as long as short
01 Exchange WLDUSD	+0.0048%	1h	0.4580	−0.300%	$328	$80	5x	as long as short
Orderly PERP_WLD_USDC	+0.0079%	8h	0.4586	−0.174%	$28K	$890K	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4582	−0.271%	$182K	$1.1M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4580	−0.308%	$49K	$522K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4577	−0.370%	$87.1M	$327.5M	75x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit WLDUSDT	+0.0100%	8h	0.4573	−0.457%	$65.4M	$88.6M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4573	−0.457%	$34.4M	$148.6M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4579	−0.327%	$7.2M	$37.2M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4579	−0.327%	$44.5M	$54.9M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4574	−0.435%	$30.3M	$29.9M	75x	as long as short
BingX WLD-USDT	+0.0100%	8h	0.4578	−0.348%	—	$67.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4583	−0.248%	$138K	$298K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4615	+0.448%	$2.1M	$1.7M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4594	+0.003%	$27K	$318K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4596	+0.044%	$605K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4590	−0.087%	$50K	$236K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4576	−0.401%	$52K	$2.1M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4594	0.000%	$23K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4586	−0.174%	$176	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4586	−0.174%	$838K	$1.9M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4587	−0.152%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USDshort	+0.0104%	1h	0.4577	−0.376%	$212K	$955K	10x
Aevo WLD-PERP	+0.0104%	1h	0.4565	−0.637%	$31K	$600	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4575	−0.421%	—	—	20x	as long as short
Lighter WLD	+0.0144%	1h	0.4583	−0.235%	$5.0M	$2.3M	10x	as long as short
Phoenix WLD	+0.0172%	1h	0.4593	−0.026%	$5K	$57K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	+0.0186%	1h	0.4589	−0.109%	$115K	$923K	25x	as long as short
BloFin WLD-USDTlong	+0.0220%	8h	0.4594	long leg	$5.0M	$801K	75x
GMX WLD/USD [ETH-USDC]	L +0.0229% / S −0.1268%	1h	0.4588	−0.136%	$5K	—	100x	as long as short
Hyperliquid WLD	+0.0447%	1h	0.4584	−0.218%	$50.3M	$43.1M	10x	as long as short
Coinbase International WLD-PERP-INTX	+0.0480%	1h	0.4592	−0.044%	$271K	$1.7M	50x	as long as short
Injective WLD/USDC PERP	+0.0677%	1h	0.4636	+0.914%	$6K	$185K	5.5x	as long as short
Kraken Futures PF_WLDUSD	+0.0902%	1h	0.4589	−0.111%	$888K	$2.9M	50x	as long as short