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 +0.006%

Price spread now: BingX against Gate+0.022%7-day average −0.004% · you sell dearer than you buy

Net, funding: paid 7d − costs−$58as in the Funding arb table

Net, price: spread back to 7d avg − costs−$67as in the Price arb table

costs, in and out, $10k−$690.691% of the position

Long on Gate Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.114%+$11 on $10k

Price spread, last 7 days−0.044%−$4 · spread now +0.022%, 7d avg −0.004%

Together, before fees+0.070%+$7 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: BingX is 0.025% dearer against Gate than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.004%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate WLD_USDT	0.4641	0.0100	pay 0.0100% / 8h	5h 35m	$7.3M	$36.8M	75x
Short	BingX WLD-USDC	0.4642	0.0100	get 0.0100% / 8h	5h 35m	—	$1.3M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX 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 BingXbpOrdersPrice spread, now +0.022%Rate

Funding earned: $0
Price spread: +0.022% → −0.004%: $2.51
Slippage, 4 orders: −$44.11
Fee Gate: 7.5 bp × 2 orders: −$15
Fee BingX: 5 bp × 2 orders: −$10
Net: −$66.6
Costs to cover: 0.691%
Break-even: never at this rate

Slippage from Gate: live order book, 3 min ago; BingX: live order book, 10 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	2.17 bp	14.6 bp −$15	40.1 bp −$401	61.3 bp −$6,128	128.9 bp −$64.4K
Sell BingX live order book, 10 min ago	3.23 bp	14.6 bp −$15	72.8 bp −$728	553.8 bp −$55.4K	811.5 bp −$405.8K

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	−0.0135%	8h	0.4631	−0.215%	$58K	$4.5M	1.7x	as long as short
KuCoin WLDUSDTM	−0.0041%	8h	0.4640	−0.022%	$7.1M	$11.6M	50x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4635	−0.128%	$165K	$26K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4642	+0.022%	$120K	$923K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4641	−0.006%	$56K	—	150x	as long as short
Nado WLD-PERP	+0.0028%	1h	0.4639	−0.043%	$268K	$187K	5x	as long as short
Orderly PERP_WLD_USDC	+0.0073%	8h	0.4641	0.000%	$28K	$893K	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4636	−0.114%	$177K	$1.0M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4635	−0.135%	$49K	$511K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4641	−0.009%	$88.1M	$324.7M	75x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit WLDUSDT	+0.0100%	8h	0.4642	+0.022%	$66.3M	$87.9M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4640	−0.022%	$35.0M	$149.3M	50x	as long as short
Gate WLD_USDTlong	+0.0100%	8h	0.4641	long leg	$7.3M	$36.8M	75x
MEXC WLD_USDT	+0.0100%	8h	0.4643	+0.043%	$45.8M	$54.3M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4641	0.000%	$30.7M	$29.5M	75x	as long as short
BingX WLD-USDCshort	+0.0100%	8h	0.4642	+0.022%	—	$1.3M	—
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4632	−0.194%	$137K	$288K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4633	−0.181%	$2.1M	$1.7M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4621	−0.440%	$27K	$318K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4619	−0.475%	$607K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4623	−0.388%	$51K	$236K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4643	+0.047%	$54K	$2.0M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4649	+0.172%	$23K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4635	−0.129%	$293	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4634	−0.151%	$846K	$1.9M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4636	−0.108%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4639	−0.038%	$213K	$927K	10x	as long as short
01 Exchange WLDUSD	+0.0104%	1h	0.4642	+0.028%	$332	$80	5x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4641	0.000%	$31K	$600	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4643	+0.037%	—	—	20x	as long as short
Phoenix WLD	+0.0172%	1h	0.4625	−0.353%	$5K	$57K	10x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4622	−0.409%	$5.0M	$801K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0230% / S −0.1268%	1h	0.4641	−0.006%	$5K	—	100x	as long as short
Lighter WLD	+0.0232%	1h	0.4638	−0.073%	$5.0M	$2.3M	10x	as long as short
Coinbase International WLD-PERP-INTX	+0.0480%	1h	0.4631	−0.215%	$276K	$1.7M	50x	as long as short
Hyperliquid WLD	+0.0502%	1h	0.4650	+0.185%	$51.7M	$42.9M	10x	as long as short
Injective WLD/USDC PERP	+0.0677%	1h	0.4616	−0.539%	$6K	$185K	5.5x	as long as short
Kraken Futures PF_WLDUSD	+0.0893%	1h	0.4636	−0.102%	$901K	$2.9M	50x	as long as short