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−0.1202%/8h= −131.6% APRnext payment $1.50 per $10,000 · paid last 24h 0.000%
Price spread now: ApeX Omni against Extended−0.310%72s7-day average +0.114% · you buy dearer than you sell
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$430.427% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.298%−$30 on $10k
Price spread, last 4 days (all we have)+1.550%+$155 · spread now −0.310%, 7d avg +0.114%
Together, before fees+1.252%+ Points / potential airdropExtended: Active · farm board+$125 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$36 a day on $10k at the current rate, and ApeX Omni is 0.424% cheaper against Extended than usual: you would sell low and buy high (−$42 if the spread goes back to its 7-day average of +0.114%). Swap the legs. The two prices were read 72 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.298% in total (about -15.5% a year). A funding rate is set anew for every payment; at this rate the next one is about $1.50 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended WLD-USD0.46450.0104pay 0.0013% / 1h54m 24s$214K$887K10x
ShortApeX Omni WLDUSDT0.4631−0.1098pay 0.0137% / 1h54m 24s$51K$236K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Extended. 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
−$252.34
Price spread: −0.310% → +0.114%
−$42.39
Slippage, 4 orders
−$27.66
Fee Extended: 2.5 bp × 2 orders
−$5
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$337.39
Costs to cover
0.427%
Break-even
never at this rate
Slippage from Extended: live order book, 9 min ago; ApeX Omni: live order book, 7 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 Extended live order book, 9 min ago2.14 bp4.6 bp −$511.8 bp −$118doesn't fitdoesn't fit
Sell ApeX Omni live order book, 7 min ago6.43 bp15.5 bp −$15101.0 bp −$1,010doesn't fitdoesn't fit

WLD on 37 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
ApeX Omni WLDUSDTshort−0.1098%1h0.4631−0.310%$51K$236K50x
Kalshi KXWLDPERP−0.0140%8h0.4664+0.401%$56K$4.5M1.7xas long as short
KuCoin WLDUSDTM−0.0036%8h0.4640−0.116%$7.1M$11.5M50xas long as short
dYdX WLD-USD0.0000%1h0.4645−0.006%$165K$26K10xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4643−0.054%$56K150xas long as short
Phoenix WLD+0.0068%1h0.4648+0.056%$5K$57K10xas long as short
Orderly PERP_WLD_USDC+0.0068%8h0.4649+0.078%$28K$895K10xas long as short
Nado WLD-PERP+0.0082%1h0.4645−0.008%$270K$187K5xas long as short
Aster WLDUSDT+0.0100%8h0.4647+0.034%$179K$1.0M50xas long as short
Pacifica WLD+0.0100%1h0.4646+0.014%$51K$510K5xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance WLDUSDT+0.0100%8h0.4644−0.030%$88.4M$323.2M75xas long as short
Bybit WLDUSDT+0.0100%8h0.4643−0.051%$66.5M$87.2M50xas long as short
OKX WLD-USDT-SWAP+0.0100%8h0.4646+0.013%$35.1M$149.2M50xas long as short
Gate WLD_USDT+0.0100%8h0.4644−0.030%$7.3M$36.4M75xas long as short
MEXC WLD_USDT+0.0100%8h0.4643−0.051%$45.6M$54.0M300xas long as short
Bitget WLDUSDT+0.0100%8h0.4646+0.013%$30.9M$29.2M75xas long as short
BingX WLD-USDT+0.0100%8h0.4643−0.051%$67.2Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4653+0.173%$137K$285K10xas long as short
Variational Omni WLD+0.0100%8h0.4684+0.825%$2.1M$1.7Mas long as short
edgeX WLDUSDC+0.0100%4h0.4637−0.178%$28K$317K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4654+0.195%$615K$1.9M10xas long as short
Polymarket Perps WLD-USD+0.0100%1h0.4647+0.026%$63K$2.0M10xas long as short
SunX WLD-USDT+0.0100%8h0.4655+0.207%$23K$1.6M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4648+0.056%$293$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4653+0.164%$850K$1.9M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4651+0.121%$1.9M$3.7M50xas long as short
Extended WLD-USDlong+0.0104%1h0.4645long leg$214K$887K10x
Aevo WLD-PERP+0.0104%1h0.4649+0.071%$32K$6003xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4644−0.025%20xas long as short
Deribit WLD_USDC-PERPETUAL+0.0180%1h0.4649+0.078%$120K$923K25xas long as short
GMX WLD/USD [ETH-USDC]L +0.0230% / S −0.1268%1h0.4643−0.050%$5K100xas long as short
01 Exchange WLDUSD+0.0256%1h0.4652+0.138%$333$805xas long as short
Coinbase International WLD-PERP-INTX+0.0480%1h0.4657+0.250%$276K$1.7M50xas long as short
Hyperliquid WLD+0.0565%1h0.4649+0.078%$51.7M$42.9M10xas long as short
Injective WLD/USDC PERP+0.0677%1h0.4650+0.099%$6K$185K5.5xas long as short
Lighter WLD+0.0840%1h0.4653+0.162%$5.2M$2.1M10xas long as short
Kraken Futures PF_WLDUSD+0.0891%1h0.4649+0.080%$903K$2.9M50xas long as short