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

WLD

all WLD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC+0.0300%/8h= +32.8% APRpaid last 24h +0.035%
Price spread now: Coinbase International against edgeX+0.107%7-day average +0.094% · you sell dearer than you buy
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$550.546% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.010%−$1 on $10k
Price spread, last 3 days (all we have)+0.208%+$21 · spread now +0.107%, 7d avg +0.094%
Together, before fees+0.198%+ Points / potential airdropedgeX: Active · farm board+$20 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.094%, so right now this pair is about funding alone: +$9 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.010% in total (about -0.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX WLDUSDC0.45220.0100pay 0.0050% / 4h2h 05m$27K$315K20x
ShortCoinbase International WLD-PERP-INTX0.45270.0400get 0.0050% / 1h5m 18s$278K$1.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against edgeX. 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
$63
Price spread: +0.107% → +0.094%
$1.38
Slippage, 4 orders
−$35.63
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$9.75
Costs to cover
0.546%
Break-even
5.9 days
Slippage from edgeX: live order book, 18 min ago; Coinbase International: live order book, 3 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 edgeX live order book, 18 min ago4.40 bp8.9 bp −$919.8 bp −$198doesn't fitdoesn't fit
Sell Coinbase International live order book, 3 min ago3.31 bp14.9 bp −$1521.9 bp −$219doesn'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
Kalshi KXWLDPERP−0.0489%8h0.4515−0.158%$45K$3.8M1.7xas long as short
Orderly PERP_WLD_USDC−0.0016%8h0.4509−0.291%$27K$916K10xas long as short
KuCoin WLDUSDTM−0.0004%8h0.4506−0.357%$6.9M$10.7M50xas long as short
dYdX WLD-USD0.0000%1h0.4507−0.330%$154K$6K10xas long as short
Deribit WLD_USDC-PERPETUAL0.0000%1h0.4509−0.291%$122K$911K25xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4508−0.302%$56K150xas long as short
Variational Omni WLD+0.0018%8h0.4512−0.218%$2.1M$1.7Mas long as short
Nado WLD-PERP+0.0042%1h0.4511−0.246%$270K$169K5xas long as short
Phoenix WLD+0.0052%1h0.4522−0.012%$5K$52K10xas long as short
OKX WLD-USDT-SWAP+0.0089%8h0.4507−0.335%$33.7M$137.4M50xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC WLD_USDT+0.0096%8h0.4509−0.291%$51.1M$48.4M300xas long as short
Binance WLDUSDT+0.0098%8h0.4509−0.296%$84.6M$293.1M75xas long as short
Hyperliquid WLD+0.0100%1h0.4512−0.218%$46.4M$41.3M10xas long as short
Aster WLDUSDT+0.0100%8h0.4509−0.292%$214K$976K50xas long as short
Pacifica WLD+0.0100%1h0.4512−0.235%$51K$481K5xas long as short
Bybit WLDUSDT+0.0100%8h0.4507−0.335%$64.2M$80.5M50xas long as short
Gate WLD_USDT+0.0100%8h0.4506−0.357%$7.3M$34.9M75xas long as short
Bitget WLDUSDT+0.0100%8h0.4508−0.313%$29.9M$25.1M75xas long as short
BingX WLD-USDT+0.0100%8h0.4509−0.291%$68.1Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4511−0.235%$128K$270K10xas long as short
edgeX WLDUSDClong+0.0100%4h0.4522long leg$27K$315K20x
GRVT WLD_USDT_Perp+0.0100%8h0.4526+0.078%$607K$1.9M10xas long as short
ApeX Omni WLDUSDT+0.0100%1h0.4524+0.041%$55K$227K50xas long as short
Polymarket Perps WLD-USD+0.0100%1h0.4510−0.280%$51K$1.7M10xas long as short
SunX WLD-USDT+0.0100%8h0.4516−0.136%$22K$1.5M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4512−0.224%$198$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4526+0.085%$854K$1.8M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4512−0.224%$1.8M$3.7M50xas long as short
Extended WLD-USD+0.0104%1h0.4509−0.280%$132K$745K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4510−0.280%$31K$5K3xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4507−0.339%20xas long as short
BloFin WLD-USDT+0.0216%8h0.4527+0.107%$4.8M$810K75xas long as short
GMX WLD/USD [ETH-USDC]L +0.0236% / S −0.1948%1h0.4508−0.303%$9K100xas long as short
01 Exchange WLDUSD+0.0304%1h0.4515−0.167%$323$775xas long as short
Injective WLD/USDC PERP+0.0374%1h0.4542+0.439%$6K$185K5.5xas long as short
Coinbase International WLD-PERP-INTXshort+0.0400%1h0.4527+0.107%$278K$1.6M50x
Lighter WLD+0.0944%1h0.4516−0.147%$5.1M$2.1M10xas long as short
Kraken Futures PF_WLDUSD+0.1105%1h0.4515−0.167%$918K$2.6M50xas long as short