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

WLD

all WLD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0127%/8h= −13.9% APRpaid last 24h −0.021%
Price spread now: KuCoin against edgeX−1.021%98s7-day average +0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$600.598% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.096%−$10 on $10k
Price spread, last 3 days (all we have)+0.924%+$92 · spread now −1.021%, 7d avg +0.003%
Together, before fees+0.827%+ Points / potential airdropedgeX: Active · farm board+$83 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and KuCoin is 1.024% cheaper against edgeX than usual: you would sell low and buy high (−$102 if the spread goes back to its 7-day average of +0.003%). Swap the legs. The two prices were read 98 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX WLDUSDC0.47290.0100pay 0.0050% / 4h3h 01m$28K$317K20x
ShortKuCoin WLDUSDTM0.4681−0.0027pay 0.0027% / 8h7h 01m$7.0M$11.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
−$26.67
Price spread: −1.021% → +0.003%
−$102.42
Slippage, 4 orders
−$38.8
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$188.89
Costs to cover
0.598%
Break-even
never at this rate
Slippage from edgeX: live order book, 6 min ago; KuCoin: live order book, 1 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, 6 min ago4.22 bp9.9 bp −$1032.9 bp −$329doesn't fitdoesn't fit
Sell KuCoin live order book, 1 min ago3.19 bp12.7 bp −$1324.2 bp −$242doesn'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−0.0162%8h0.4701−0.599%$29K$4.1M1.7xas long as short
KuCoin WLDUSDTMshort−0.0027%8h0.4681−1.021%$7.0M$11.2M50x
Nado WLD-PERP−0.0022%1h0.4692−0.789%$272K$178K5xas long as short
dYdX WLD-USD0.0000%1h0.4699−0.648%$168K$12K10xas long as short
Deribit WLD_USDC-PERPETUAL0.0000%1h0.4694−0.747%$130K$904K25xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4696−0.706%$56K150xas long as short
Injective WLD/USDC PERP+0.0038%1h0.4744+0.311%$6K$185K5.5xas long as short
Orderly PERP_WLD_USDC+0.0050%8h0.4693−0.768%$29K$899K10xas long as short
Aster WLDUSDT+0.0100%8h0.4695−0.731%$215K$996K50xas long as short
Pacifica WLD+0.0100%1h0.4700−0.617%$55K$485K5xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance WLDUSDT+0.0100%8h0.4686−0.916%$89.3M$312.3M75xas long as short
Bybit WLDUSDT+0.0100%8h0.4685−0.937%$67.8M$84.1M50xas long as short
OKX WLD-USDT-SWAP+0.0100%8h0.4682−1.000%$35.5M$149.5M50xas long as short
Gate WLD_USDT+0.0100%8h0.4688−0.873%$7.5M$37.0M75xas long as short
MEXC WLD_USDT+0.0100%8h0.4687−0.895%$48.1M$55.3M300xas long as short
Bitget WLDUSDT+0.0100%8h0.4683−0.979%$31.3M$27.6M75xas long as short
BingX WLD-USDT+0.0100%8h0.4690−0.831%$67.2Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4690−0.825%$142K$278K10xas long as short
Variational Omni WLD+0.0100%8h0.4705−0.522%$2.1M$1.7Mas long as short
edgeX WLDUSDClong+0.0100%4h0.4729long leg$28K$317K20x
GRVT WLD_USDT_Perp+0.0100%8h0.4742+0.266%$626K$1.9M10xas long as short
ApeX Omni WLDUSDT+0.0100%1h0.4730+0.015%$57K$232K50xas long as short
Polymarket Perps WLD-USD+0.0100%1h0.4697−0.675%$45K$1.8M10xas long as short
SunX WLD-USDT+0.0100%8h0.4701−0.599%$23K$1.6M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4688−0.873%$223$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4683−0.979%$889K$1.9M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4691−0.810%$1.9M$3.7M50xas long as short
Extended WLD-USD+0.0104%1h0.4682−1.002%$216K$905K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4695−0.735%$32K$6003xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4694−0.741%20xas long as short
Phoenix WLD+0.0157%1h0.4732+0.057%$5K$53K10xas long as short
BloFin WLD-USDT+0.0220%8h0.4694−0.747%$5.0M$872K75xas long as short
GMX WLD/USD [ETH-USDC]L +0.0239% / S −0.1538%1h0.4696−0.708%$6K100xas long as short
01 Exchange WLDUSD+0.0256%1h0.4700−0.616%$336$775xas long as short
Kraken Futures PF_WLDUSD+0.0321%1h0.4691−0.809%$932K$2.8M50xas long as short
Coinbase International WLD-PERP-INTX+0.0448%1h0.4697−0.683%$274K$1.7M50xas long as short
Hyperliquid WLD+0.0872%1h0.4693−0.764%$52.5M$44.2M10xas long as short
Lighter WLD+0.1000%1h0.4701−0.609%$5.3M$2.1M10xas long as short