Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h 0.000%

Price spread now: edgeX against Extended+0.254%7-day average +0.038% · you sell dearer than you buy

Net, funding: paid 7d − costs−$57as in the Funding arb table

Net, price: spread back to 7d avg − costs−$6as in the Price arb table

costs, in and out, $10k−$270.273% of the position

Long on Extended Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.296%−$30 on $10k

Price spread, last 4 days (all we have)+0.158%+$16 · spread now +0.254%, 7d avg +0.038%

Together, before fees−0.138%+ Points / potential airdropExtended: Active · edgeX: Active · farm board−$14 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: edgeX is 0.216% dearer against Extended than usual: you sell high and buy low, +$22 on $10k if it goes back to its 7-day average of +0.038%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended WLD-USD	0.4575	0.0104	pay 0.0013% / 1h	19m 22s	$221K	$981K	10x
Short	edgeX WLDUSDC	0.4586	0.0100	get 0.0050% / 4h	19m 22s	$27K	$319K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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

Position, each leg$Hold fordaysFee ExtendedbpFee edgeXbpOrdersPrice spread, now +0.254%Rate

Funding earned: −$0.84
Price spread: +0.254% → +0.038%: $21.58
Slippage, 4 orders: −$13.25
Fee Extended: 2.5 bp × 2 orders: −$5
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$6.51
Costs to cover: 0.273%
Break-even: never at this rate

Slippage from Extended: live order book, 39 min ago; edgeX: live order book, 39 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Extended live order book, 39 min ago	2.19 bp	4.7 bp −$5	12.6 bp −$126	doesn't fit	doesn't fit
Sell edgeX live order book, 39 min ago	4.39 bp	8.9 bp −$9	21.7 bp −$217	doesn't fit	doesn't fit

WLD on 38 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado WLD-PERP	−0.0041%	1h	0.4579	+0.103%	$243K	$205K	5x	as long as short
KuCoin WLDUSDTM	−0.0009%	8h	0.4581	+0.136%	$7.0M	$11.6M	50x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4577	+0.052%	$156K	$33K	10x	as long as short
Kalshi KXWLDPERP	0.0000%	8h	0.4579	+0.092%	$46K	$4.6M	1.7x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4579	+0.092%	$118K	$942K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4581	+0.133%	$66K	—	150x	as long as short
Injective WLD/USDC PERP	+0.0014%	1h	0.4544	−0.673%	$6K	$185K	5.5x	as long as short
Orderly PERP_WLD_USDC	+0.0094%	8h	0.4578	+0.070%	$28K	$886K	10x	as long as short
Lighter WLD	+0.0096%	1h	0.4583	+0.180%	$4.9M	$2.4M	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4583	+0.175%	$211K	$1.1M	50x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica WLD	+0.0100%	1h	0.4579	+0.093%	$49K	$527K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4580	+0.122%	$86.8M	$328.3M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4580	+0.114%	$65.1M	$89.2M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4578	+0.070%	$34.3M	$149.8M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4581	+0.136%	$7.2M	$37.0M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4581	+0.136%	$44.0M	$54.4M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4578	+0.070%	$30.2M	$30.2M	75x	as long as short
BingX WLD-USDT	+0.0100%	8h	0.4579	+0.092%	—	$67.5M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4579	+0.094%	$137K	$300K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4579	+0.084%	$2.1M	$1.7M	—	as long as short
edgeX WLDUSDCshort	+0.0100%	4h	0.4586	+0.254%	$27K	$319K	20x
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4593	+0.398%	$604K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4583	+0.180%	$43K	$239K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4579	+0.099%	$40K	$2.1M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4588	+0.289%	$23K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4578	+0.070%	$176	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4577	+0.048%	$837K	$1.8M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4578	+0.070%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USDlong	+0.0104%	1h	0.4575	long leg	$221K	$981K	10x
Aevo WLD-PERP	+0.0104%	1h	0.4579	+0.092%	$31K	$600	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4580	+0.107%	—	—	20x	as long as short
01 Exchange WLDUSD	+0.0136%	1h	0.4582	+0.151%	$328	$80	5x	as long as short
Phoenix WLD	+0.0158%	1h	0.4588	+0.287%	$5K	$52K	10x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4583	+0.180%	$4.8M	$832K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0229% / S −0.1268%	1h	0.4583	+0.174%	$5K	—	100x	as long as short
Hyperliquid WLD	+0.0333%	1h	0.4588	+0.287%	$50.4M	$43.3M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.0479%	1h	0.4580	+0.112%	$884K	$2.8M	50x	as long as short
Coinbase International WLD-PERP-INTX	+0.0496%	1h	0.4593	+0.398%	$269K	$1.7M	50x	as long as short