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 +0.017%

Price spread now: Aster against Bybit+0.051%7-day average +0.004% · you sell dearer than you buy

Net, funding: paid 7d − costs−$38as in the Funding arb table

Net, price: spread back to 7d avg − costs−$38as in the Price arb table

costs, in and out, $10k−$420.423% of the position

Long on Bybit Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days+0.041%+$4 on $10k

Price spread, last 7 days−0.127%−$13 · spread now +0.051%, 7d avg +0.004%

Together, before fees−0.087%+ Points / potential airdropAster: Stage 5 · farm board−$9 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: Aster is 0.047% dearer against Bybit than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.004%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit WLDUSDT	0.4480	0.0100	pay 0.0100% / 8h	3h 02m	$63.6M	$91.0M	50x
Short	Aster WLDUSDT	0.4482	0.0100	get 0.0100% / 8h	3h 02m	$219K	$1.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Bybit. 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 BybitbpFee AsterbpOrdersPrice spread, now +0.051%Rate

Funding earned: $0
Price spread: +0.051% → +0.004%: $4.71
Slippage, 4 orders: −$23.25
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Aster: 4 bp × 2 orders: −$8
Net: −$37.54
Costs to cover: 0.423%
Break-even: never at this rate

Slippage from Bybit: live order book, 1 min ago; Aster: live order book, just now.

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 Bybit live order book, 1 min ago	1.12 bp	8.8 bp −$9	15.4 bp −$154	95.4 bp −$9,536	doesn't fit
Sell Aster live order book, just now	3.35 bp	11.2 bp −$11	38.9 bp −$389	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
Nado WLD-PERP	−0.0031%	1h	0.4482	+0.045%	$238K	$205K	5x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4484	+0.094%	$153K	$33K	10x	as long as short
Kalshi KXWLDPERP	0.0000%	8h	0.4484	+0.089%	$61K	$4.7M	1.7x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4486	+0.134%	$118K	$988K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0002%	1h	0.4486	+0.133%	$68K	—	150x	as long as short
KuCoin WLDUSDTM	+0.0030%	8h	0.4483	+0.067%	$6.7M	$11.8M	50x	as long as short
Polymarket Perps WLD-USD	+0.0095%	1h	0.4483	+0.071%	$99K	$2.3M	10x	as long as short
Orderly PERP_WLD_USDC	+0.0098%	8h	0.4484	+0.089%	$28K	$868K	10x	as long as short
Aster WLDUSDTshort	+0.0100%	8h	0.4482	+0.051%	$219K	$1.1M	50x
Pacifica WLD	+0.0100%	1h	0.4484	+0.095%	$50K	$526K	5x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance WLDUSDT	+0.0100%	8h	0.4480	+0.006%	$85.0M	$334.3M	75x	as long as short
Bybit WLDUSDTlong	+0.0100%	8h	0.4480	long leg	$63.6M	$91.0M	50x
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4480	0.000%	$33.7M	$150.9M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4478	−0.045%	$7.1M	$37.1M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4481	+0.022%	$38.9M	$56.0M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4480	0.000%	$29.6M	$30.5M	75x	as long as short
BingX WLD-USDC	+0.0100%	8h	0.4479	−0.022%	—	$1.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4482	+0.045%	$133K	$305K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4508	+0.619%	$2.1M	$1.7M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4503	+0.509%	$27K	$320K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4494	+0.312%	$596K	$2.0M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4511	+0.692%	$48K	$240K	50x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4491	+0.246%	$22K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4484	+0.089%	$204	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4483	+0.067%	$819K	$1.8M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4489	+0.201%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4479	−0.026%	$213K	$984K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4486	+0.125%	$30K	$600	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4485	+0.118%	—	—	20x	as long as short
Injective WLD/USDC PERP	+0.0142%	1h	0.4538	+1.295%	$6K	$185K	5.5x	as long as short
Phoenix WLD	+0.0157%	1h	0.4513	+0.739%	$5K	$52K	10x	as long as short
01 Exchange WLDUSD	+0.0216%	1h	0.4485	+0.109%	$321	$55	5x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0219% / S −0.0967%	1h	0.4485	+0.117%	$4K	—	100x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4485	+0.112%	$4.8M	$902K	75x	as long as short
Hyperliquid WLD	+0.0257%	1h	0.4486	+0.125%	$48.6M	$44.0M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.0529%	1h	0.4486	+0.134%	$859K	$2.9M	50x	as long as short
Coinbase International WLD-PERP-INTX	+0.0560%	1h	0.4487	+0.156%	$264K	$1.6M	50x	as long as short
Lighter WLD	+0.0568%	1h	0.4485	+0.112%	$4.9M	$2.9M	10x	as long as short