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

WLD

all WLD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.021%
Price spread now: BingX against dYdX−0.083%7-day average −0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$242as in the Funding arb table
Net, price: spread back to 7d avg − costs−$266as in the Price arb table
costs, in and out, $10k−$2612.609% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.187%+$19 on $10k
Price spread, last 4 days (all we have)−0.382%−$38 · spread now −0.083%, 7d avg −0.033%
Together, before fees−0.194%−$19 on $10k · with fees, hour by hour
Funding pays, the price is against you. BingX is 0.050% cheaper against dYdX than usual: you would sell low and buy high (spread −0.083% now, against its 7-day average of −0.033%). If the spread goes back, that is −$5 on $10k: about 40 hours of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX WLD-USD0.45960get 0.0000% / 1h9m 25s$164K$26K10x
ShortBingX WLD-USDC0.45920.0100get 0.0100% / 8h5h 09m$1.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against dYdX. 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
$21
Price spread: −0.083% → −0.033%
−$4.99
Slippage, 4 orders
−$240.93
Fee dYdX: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$244.92
Costs to cover
2.609%
Break-even
88.6 days
Slippage from dYdX: live order book, 55 min ago; BingX: 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 dYdX live order book, 55 min ago109.63 bp114.6 bp −$115120.1 bp −$1,201124.1 bp −$12.4K198.6 bp −$99.3K
Sell BingX live order book, 2 min ago2.16 bp13.4 bp −$1355.0 bp −$550539.0 bp −$53.9K813.5 bp −$406.8K

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−0.0119%8h0.4609+0.287%$47K$4.6M1.7xas long as short
KuCoin WLDUSDTM−0.0031%8h0.4585−0.235%$7.0M$11.6M50xas long as short
dYdX WLD-USDlong0.0000%1h0.4596long leg$164K$26K10x
Deribit WLD_USDC-PERPETUAL0.0000%1h0.4596+0.004%$119K$918K25xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4590−0.126%$55K150xas long as short
Nado WLD-PERP+0.0006%1h0.4588−0.159%$242K$204K5xas long as short
01 Exchange WLDUSD+0.0056%1h0.4591−0.102%$328$805xas long as short
Orderly PERP_WLD_USDC+0.0078%8h0.4597+0.026%$28K$890K10xas long as short
Aster WLDUSDT+0.0100%8h0.4599+0.063%$173K$1.1M50xas long as short
Pacifica WLD+0.0100%1h0.4596−0.005%$50K$522K5xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance WLDUSDT+0.0100%8h0.4593−0.069%$87.3M$327.1M75xas long as short
Bybit WLDUSDT+0.0100%8h0.4586−0.213%$65.7M$88.6M50xas long as short
OKX WLD-USDT-SWAP+0.0100%8h0.4588−0.170%$34.5M$149.2M50xas long as short
Gate WLD_USDT+0.0100%8h0.4593−0.061%$7.2M$37.1M75xas long as short
MEXC WLD_USDT+0.0100%8h0.4590−0.126%$44.9M$54.8M300xas long as short
Bitget WLDUSDT+0.0100%8h0.4590−0.126%$30.5M$29.9M75xas long as short
BingX WLD-USDCshort+0.0100%8h0.4592−0.083%$1.3M
Backpack WLD_USDC_PERP+0.0100%1h0.4597+0.022%$140K$297K10xas long as short
Variational Omni WLD+0.0100%8h0.4615+0.409%$2.1M$1.7Mas long as short
edgeX WLDUSDC+0.0100%4h0.4617+0.451%$27K$318K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4622+0.578%$616K$1.9M10xas long as short
ApeX Omni WLDUSDT+0.0100%1h0.4629+0.722%$51K$236K50xas long as short
Polymarket Perps WLD-USD+0.0100%1h0.4589−0.150%$56K$2.0M10xas long as short
SunX WLD-USDT+0.0100%8h0.4624+0.613%$23K$1.6M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4598+0.048%$174$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4596+0.004%$840K$1.9M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4600+0.091%$1.8M$3.7M50xas long as short
Extended WLD-USD+0.0104%1h0.4587−0.185%$212K$955K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4596−0.004%$31K$6003xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4588−0.178%20xas long as short
Phoenix WLD+0.0172%1h0.4621+0.550%$5K$57K10xas long as short
Lighter WLD+0.0176%1h0.4601+0.104%$5.0M$2.3M10xas long as short
BloFin WLD-USDT+0.0220%8h0.4630+0.744%$5.0M$804K75xas long as short
GMX WLD/USD [ETH-USDC]L +0.0230% / S −0.1268%1h0.4607+0.251%$5K100xas long as short
Hyperliquid WLD+0.0461%1h0.4595−0.028%$50.4M$43.1M10xas long as short
Coinbase International WLD-PERP-INTX+0.0480%1h0.4600+0.091%$271K$1.7M50xas long as short
Injective WLD/USDC PERP+0.0677%1h0.4636+0.875%$6K$185K5.5xas long as short
Kraken Futures PF_WLDUSD+0.0900%1h0.4599+0.070%$890K$2.9M50xas long as short