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

WLD

all WLD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0312%/8h= −34.2% APRnext payment $0.39 per $10,000 · paid last 24h −0.080%
Price spread now: Extended against Coinbase International−0.192%7-day average −0.115% · you buy dearer than you sell
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$520.525% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.241%+$24 on $10k
Price spread, last 4 days (all we have)−0.505%−$50 · spread now −0.192%, 7d avg −0.115%
Together, before fees−0.264%+ Points / potential airdropExtended: Active · farm board−$26 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Extended is 0.077% cheaper against Coinbase International than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.115%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.241%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International WLD-PERP-INTX0.45540.0416pay 0.0052% / 1h59m 23s$269K$1.5M50x
ShortExtended WLD-USD0.45450.0104get 0.0013% / 1h59m 23s$215K$804K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Coinbase International. 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
−$65.52
Price spread: −0.192% → −0.115%
−$7.7
Slippage, 4 orders
−$37.46
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$125.69
Costs to cover
0.525%
Break-even
never at this rate
Slippage from Coinbase International: live order book, 4 min ago; Extended: live order book, 59 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 Coinbase International live order book, 4 min ago3.29 bp25.4 bp −$2530.7 bp −$307doesn't fitdoesn't fit
Sell Extended live order book, 59 min ago2.21 bp4.8 bp −$512.2 bp −$122doesn't fitdoesn'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
Nado WLD-PERP−0.0064%1h0.4552−0.033%$236K$170K5xas long as short
Kalshi KXWLDPERP0.0000%8h0.4553−0.022%$36K$4.5M1.7xas long as short
Deribit WLD_USDC-PERPETUAL0.0000%1h0.4548−0.132%$120K$973K25xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4556+0.038%$66K150xas long as short
Injective WLD/USDC PERP+0.0033%1h0.4508−1.010%$6K$185K5.5xas long as short
01 Exchange WLDUSD+0.0072%1h0.4559+0.119%$326$555xas long as short
Orderly PERP_WLD_USDC+0.0098%8h0.4548−0.132%$27K$501K10xas long as short
Aster WLDUSDT+0.0100%8h0.4552−0.044%$215K$1.0M50xas long as short
Pacifica WLD+0.0100%1h0.4553−0.022%$57K$540K5xas long as short
Binance WLDUSDT+0.0100%8h0.4548−0.132%$86.9M$330.7M75xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit WLDUSDT+0.0100%8h0.4547−0.154%$65.3M$89.0M50xas long as short
OKX WLD-USDT-SWAP+0.0100%8h0.4545−0.198%$34.6M$149.6M50xas long as short
Gate WLD_USDT+0.0100%8h0.4548−0.132%$7.2M$32.0M75xas long as short
MEXC WLD_USDT+0.0100%8h0.4551−0.066%$41.7M$55.7M300xas long as short
KuCoin WLDUSDTM+0.0100%8h0.4550−0.088%$6.7M$11.6M50xas long as short
Bitget WLDUSDT+0.0100%8h0.4548−0.132%$30.0M$30.9M75xas long as short
BingX WLD-USDT+0.0100%8h0.4548−0.132%$20.2Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.45540.000%$128K$284K10xas long as short
Variational Omni WLD+0.0100%8h0.4549−0.117%$2.1M$1.5Mas long as short
edgeX WLDUSDC+0.0100%4h0.4552−0.036%$27K$323K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4554+0.001%$601K$2.2M10xas long as short
ApeX Omni WLDUSDT+0.0100%1h0.4555+0.022%$48K$237K50xas long as short
Polymarket Perps WLD-USD+0.0100%1h0.4558+0.088%$49K$2.6M10xas long as short
SunX WLD-USDT+0.0100%8h0.45540.000%$23K$1.5M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4547−0.154%$226$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4551−0.066%$834K$1.3M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4547−0.154%$1.7M$3.6M50xas long as short
Lighter WLD+0.0104%1h0.4557+0.061%$4.9M$2.9M10xas long as short
Extended WLD-USDshort+0.0104%1h0.4545−0.192%$215K$804K10x
Aevo WLD-PERP+0.0104%1h0.4548−0.126%$31K$5003xas long as short
dYdX WLD-USD+0.0118%1h0.4556+0.036%$155K$31K10xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4549−0.106%20xas long as short
Phoenix WLD+0.0194%1h0.4556+0.044%$4K$43K10xas long as short
Kraken Futures PF_WLDUSD+0.0200%1h0.4549−0.115%$902K$2.7M50xas long as short
GMX WLD/USD [ETH-USDC]L +0.0219% / S −0.0967%1h0.4552−0.038%$4K100xas long as short
BloFin WLD-USDT+0.0220%8h0.4557+0.066%$4.4M$960K75xas long as short
Hyperliquid WLD+0.0234%1h0.4556+0.044%$50.6M$43.2M10xas long as short
Coinbase International WLD-PERP-INTXlong+0.0416%1h0.4554long leg$269K$1.5M50x