Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0154%/8h= +16.9% APRpaid last 24h +0.006%

Price spread now: Injective against BloFin+0.509%7-day average +0.147% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on BloFin Short on Injective

What this pair did over the last

the charts below follow

Funding, last 7 days−0.202%−$20 on $10k

Price spread, last 3 days (all we have)−0.604%−$60 · spread now +0.509%, 7d avg +0.147%

Together, before fees−0.805%−$81 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Injective is 0.362% dearer against BloFin than usual: you sell high and buy low: +$36 more if the spread goes back to its 7-day average of +0.147%. Mind the row above: over the last 7 days funding on this pair cost −0.202%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin WLD-USDT	0.4519	0.0220	pay 0.0220% / 8h	2h 00m	$4.8M	$809K	75x
Short	Injective WLD/USDC PERP	0.4542	0.0374	get 0.0047% / 1h	0m 19s	$6K	$185K	5.5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective 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 InjectivebpOrdersPrice spread, now +0.509%Rate

Funding earned: $32.33
Price spread: +0.509% → +0.147%: $36.2
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $56.51
Costs to cover: 0.120%
Break-even: from the start

Slippage unknown: BloFin: live order book, 3 min ago; Injective: live order book, 54 min ago. Net counts fees only.

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, 3 min ago	2.21 bp	9.3 bp −$9	13.8 bp −$138	38.6 bp −$3,860	129.7 bp −$64.8K
Sell Injective live order book, 54 min ago	49.15 bp	doesn't fit	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
Kalshi KXWLDPERP	−0.0488%	8h	0.4515	−0.089%	$45K	$3.8M	1.7x	as long as short
Orderly PERP_WLD_USDC	−0.0014%	8h	0.4518	−0.022%	$27K	$916K	10x	as long as short
KuCoin WLDUSDTM	−0.0003%	8h	0.4514	−0.111%	$7.0M	$10.7M	50x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4520	+0.017%	$154K	$6K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4519	0.000%	$122K	$911K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4517	−0.033%	$56K	—	150x	as long as short
Variational Omni WLD	+0.0025%	8h	0.4516	−0.060%	$2.1M	$1.7M	—	as long as short
Nado WLD-PERP	+0.0041%	1h	0.4517	−0.033%	$271K	$169K	5x	as long as short
Phoenix WLD	+0.0052%	1h	0.4522	+0.058%	$5K	$52K	10x	as long as short
OKX WLD-USDT-SWAP	+0.0097%	8h	0.4516	−0.066%	$33.7M	$137.7M	50x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid WLD	+0.0100%	1h	0.4522	+0.073%	$46.5M	$41.4M	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4516	−0.060%	$212K	$976K	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4518	−0.022%	$51K	$481K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4517	−0.042%	$84.8M	$293.3M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4516	−0.066%	$64.3M	$80.5M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4516	−0.066%	$7.3M	$34.9M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4517	−0.044%	$51.2M	$49.1M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4516	−0.066%	$29.9M	$25.1M	75x	as long as short
BingX WLD-USDC	+0.0100%	8h	0.4517	−0.044%	—	$1.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4520	+0.022%	$128K	$270K	10x	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4518	−0.024%	$27K	$316K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4510	−0.193%	$605K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4509	−0.221%	$54K	$227K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4517	−0.049%	$51K	$1.7M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4523	+0.089%	$22K	$1.5M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4517	−0.044%	$199	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4516	−0.066%	$852K	$1.8M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4519	0.000%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4515	−0.089%	$132K	$745K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4520	+0.011%	$31K	$5K	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4516	−0.065%	—	—	20x	as long as short
BloFin WLD-USDTlong	+0.0220%	8h	0.4519	long leg	$4.8M	$809K	75x
GMX WLD/USD [ETH-USDC]	L +0.0243% / S −0.2027%	1h	0.4517	−0.036%	$9K	—	100x	as long as short
01 Exchange WLDUSD	+0.0304%	1h	0.4520	+0.024%	$323	$77	5x	as long as short
Injective WLD/USDC PERPshort	+0.0374%	1h	0.4542	+0.509%	$6K	$185K	5.5x
Coinbase International WLD-PERP-INTX	+0.0400%	1h	0.4524	+0.111%	$278K	$1.6M	50x	as long as short
Lighter WLD	+0.0936%	1h	0.4527	+0.181%	$5.1M	$2.1M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.1104%	1h	0.4519	−0.006%	$919K	$2.6M	50x	as long as short