Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.004%

Price spread now: Binance against Gate−0.056%7-day average +0.010% · you buy dearer than you sell

Net, funding: paid 7d − costs−$45as in the Funding arb table

Net, price: spread back to 7d avg − costs−$53as in the Price arb table

costs, in and out, $10k−$470.468% of the position

Long on Gate Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.018%+$2 on $10k

Price spread, last 7 days+0.038%+$4 · spread now −0.056%, 7d avg +0.010%

Together, before fees+0.056%+$6 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: Binance is 0.066% cheaper against Gate than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.010%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate WLD_USDT	0.4732	0.0100	pay 0.0100% / 8h	7h 10m	$7.6M	$36.5M	75x
Short	Binance WLDUSDT	0.4729	0.0100	get 0.0100% / 8h	7h 10m	$90.5M	$310.6M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Gate. 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 GatebpFee BinancebpOrdersPrice spread, now −0.056%Rate

Funding earned: $0
Price spread: −0.056% → +0.010%: −$6.56
Slippage, 4 orders: −$21.8
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Binance: 5 bp × 2 orders: −$10
Net: −$53.36
Costs to cover: 0.468%
Break-even: never at this rate

Slippage from Gate: live order book, 3 min ago; Binance: live order book, 3 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 Gate live order book, 3 min ago	1.05 bp	15.5 bp −$15	33.0 bp −$330	55.5 bp −$5,553	126.3 bp −$63.1K
Sell Binance live order book, 3 min ago	1.05 bp	8.0 bp −$8	16.2 bp −$162	52.9 bp −$5,290	189.5 bp −$94.7K

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
Kalshi KXWLDPERP	−0.0159%	8h	0.4726	−0.127%	$22K	$4.0M	1.7x	as long as short
Nado WLD-PERP	−0.0027%	1h	0.4738	+0.137%	$275K	$178K	5x	as long as short
KuCoin WLDUSDTM	−0.0009%	8h	0.4735	+0.063%	$7.1M	$11.1M	50x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4735	+0.058%	$169K	$12K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4725	−0.148%	$135K	$863K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4727	−0.107%	$56K	—	150x	as long as short
Injective WLD/USDC PERP	+0.0038%	1h	0.4744	+0.254%	$6K	$185K	5.5x	as long as short
Orderly PERP_WLD_USDC	+0.0050%	8h	0.4723	−0.190%	$29K	$900K	10x	as long as short
Phemex WLDUSDT	+0.0057%	8h	0.4720	−0.254%	$1.9M	$3.7M	50x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4734	+0.050%	$211K	$983K	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	0.4737	+0.102%	$55K	$482K	5x	as long as short
Binance WLDUSDTshort	+0.0100%	8h	0.4729	−0.056%	$90.5M	$310.6M	75x
Bybit WLDUSDT	+0.0100%	8h	0.4723	−0.190%	$68.3M	$83.5M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4721	−0.232%	$36.0M	$149.8M	50x	as long as short
Gate WLD_USDTlong	+0.0100%	8h	0.4732	long leg	$7.6M	$36.5M	75x
MEXC WLD_USDT	+0.0100%	8h	0.4731	−0.021%	$49.5M	$54.9M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4717	−0.317%	$31.6M	$27.3M	75x	as long as short
BingX WLD-USDT	+0.0100%	8h	0.4730	−0.042%	—	$67.2M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4719	−0.266%	$140K	$277K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4717	−0.323%	$2.1M	$1.7M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4762	+0.643%	$28K	$318K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4749	+0.367%	$627K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4768	+0.761%	$58K	$232K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4740	+0.163%	$49K	$1.7M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4741	+0.190%	$23K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4718	−0.296%	$225	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4721	−0.232%	$898K	$1.9M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4718	−0.287%	$218K	$894K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4722	−0.222%	$32K	$600	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4731	−0.026%	—	—	20x	as long as short
Phoenix WLD	+0.0157%	1h	0.4749	+0.368%	$5K	$53K	10x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4720	−0.254%	$5.0M	$877K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0239% / S −0.1538%	1h	0.4728	−0.078%	$6K	—	100x	as long as short
01 Exchange WLDUSD	+0.0256%	1h	0.4741	+0.192%	$339	$77	5x	as long as short
Kraken Futures PF_WLDUSD	+0.0319%	1h	0.4721	−0.222%	$935K	$2.7M	50x	as long as short
Coinbase International WLD-PERP-INTX	+0.0448%	1h	0.4723	−0.190%	$277K	$1.7M	50x	as long as short
Hyperliquid WLD	+0.0878%	1h	0.4744	+0.264%	$53.2M	$44.1M	10x	as long as short
Lighter WLD	+0.1024%	1h	0.4729	−0.061%	$5.3M	$2.0M	10x	as long as short