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 −0.033%
Price spread now: Gate against BloFin−0.173%63s7-day average −0.041% · you buy dearer than you sell
Net, funding: paid 7d − costs−$97as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$700.697% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.271%−$27 on $10k
Price spread, last 4 days (all we have)−0.686%−$69 · spread now −0.173%, 7d avg −0.041%
Together, before fees−0.957%−$96 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 Gate is 0.133% cheaper against BloFin than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of −0.041%). Swap the legs. The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin WLD-USDT0.46220.0220pay 0.0220% / 8h5h 12m$5.0M$803K75x
ShortGate WLD_USDT0.46140.0100get 0.0100% / 8h5h 12m$7.2M$37.1M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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: −0.173% → −0.041%
−$13.25
Slippage, 4 orders
−$42.73
Fee BloFin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$108.19
Costs to cover
0.697%
Break-even
never at this rate
Slippage from BloFin: live order book, 7 min ago; Gate: live order book, 2 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, 7 min ago10.79 bp16.9 bp −$1722.9 bp −$22966.1 bp −$6,605175.7 bp −$87.9K
Sell Gate live order book, 2 min ago2.16 bp15.0 bp −$1531.2 bp −$31254.6 bp −$5,457doesn't fit

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
Kalshi KXWLDPERP−0.0121%8h0.4625+0.065%$46K$4.6M1.7xas long as short
KuCoin WLDUSDTM−0.0024%8h0.4611−0.238%$7.0M$11.6M50xas long as short
dYdX WLD-USD0.0000%1h0.4619−0.063%$164K$26K10xas long as short
Deribit WLD_USDC-PERPETUAL0.0000%1h0.4618−0.087%$119K$918K25xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4618−0.091%$55K150xas long as short
Nado WLD-PERP+0.0008%1h0.4618−0.092%$267K$187K5xas long as short
01 Exchange WLDUSD+0.0056%1h0.4617−0.117%$330$805xas long as short
Orderly PERP_WLD_USDC+0.0077%8h0.4617−0.108%$28K$890K10xas long as short
Aster WLDUSDT+0.0100%8h0.4623+0.025%$174K$1.1M50xas long as short
Pacifica WLD+0.0100%1h0.4621−0.022%$48K$511K5xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance WLDUSDT+0.0100%8h0.4613−0.185%$87.7M$326.5M75xas long as short
Bybit WLDUSDT+0.0100%8h0.4613−0.195%$66.0M$88.4M50xas long as short
OKX WLD-USDT-SWAP+0.0100%8h0.4613−0.195%$34.9M$149.3M50xas long as short
Gate WLD_USDTshort+0.0100%8h0.4614−0.173%$7.2M$37.1M75x
MEXC WLD_USDT+0.0100%8h0.4613−0.195%$45.6M$54.7M300xas long as short
Bitget WLDUSDT+0.0100%8h0.4613−0.195%$30.7M$29.7M75xas long as short
BingX WLD-USDC+0.0100%8h0.4613−0.195%$1.3Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4614−0.177%$134K$293K10xas long as short
Variational Omni WLD+0.0100%8h0.4639+0.359%$2.2M$1.7Mas long as short
edgeX WLDUSDC+0.0100%4h0.4634+0.266%$27K$319K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4635+0.273%$618K$1.9M10xas long as short
ApeX Omni WLDUSDT+0.0100%1h0.4633+0.238%$51K$236K50xas long as short
Polymarket Perps WLD-USD+0.0100%1h0.4617−0.113%$54K$2.0M10xas long as short
SunX WLD-USDT+0.0100%8h0.4623+0.022%$23K$1.6M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4616−0.130%$172$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4615−0.151%$844K$1.9M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4616−0.130%$1.8M$3.7M50xas long as short
Extended WLD-USD+0.0104%1h0.4615−0.145%$213K$929K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4618−0.087%$31K$6003xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4617−0.115%20xas long as short
Phoenix WLD+0.0172%1h0.4653+0.675%$5K$57K10xas long as short
Lighter WLD+0.0176%1h0.4620−0.052%$5.0M$2.3M10xas long as short
BloFin WLD-USDTlong+0.0220%8h0.4622long leg$5.0M$803K75x
GMX WLD/USD [ETH-USDC]L +0.0230% / S −0.1268%1h0.4619−0.069%$5K100xas long as short
Hyperliquid WLD+0.0475%1h0.4620−0.039%$51.4M$42.7M10xas long as short
Coinbase International WLD-PERP-INTX+0.0480%1h0.4625+0.065%$273K$1.7M50xas long as short
Injective WLD/USDC PERP+0.0677%1h0.4636+0.303%$6K$185K5.5xas long as short
Kraken Futures PF_WLDUSD+0.0896%1h0.4619−0.063%$894K$2.9M50xas long as short