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: Bitget against Gate−0.044%7-day average −0.028% · you buy dearer than you sell

Net, funding: paid 7d − costs−$42as in the Funding arb table

Net, price: spread back to 7d avg − costs−$52as in the Price arb table

costs, in and out, $10k−$510.508% of the position

Long on Gate Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.086%+$9 on $10k

Price spread, last 7 days+0.031%+$3 · spread now −0.044%, 7d avg −0.028%

Together, before fees+0.117%+$12 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate WLD_USDT	0.4509	0.0100	pay 0.0100% / 8h	3h 09m	$7.2M	$36.8M	75x
Short	Bitget WLDUSDT	0.4507	0.0100	get 0.0100% / 8h	3h 09m	$29.7M	$30.2M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now −0.044%Rate

Funding earned: $0
Price spread: −0.044% → −0.028%: −$1.59
Slippage, 4 orders: −$23.75
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$52.34
Costs to cover: 0.508%
Break-even: never at this rate

Slippage from Gate: live order book, 4 min ago; Bitget: live order book, 4 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, 4 min ago	1.10 bp	12.0 bp −$12	31.7 bp −$317	54.2 bp −$5,420	121.6 bp −$60.8K
Sell Bitget live order book, 4 min ago	1.11 bp	10.8 bp −$11	20.0 bp −$200	41.8 bp −$4,183	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	−0.0027%	1h	0.4507	−0.033%	$239K	$205K	5x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4515	+0.137%	$154K	$33K	10x	as long as short
Kalshi KXWLDPERP	0.0000%	8h	0.4516	+0.155%	$65K	$4.7M	1.7x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4515	+0.133%	$119K	$988K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4515	+0.130%	$65K	—	150x	as long as short
KuCoin WLDUSDTM	+0.0032%	8h	0.4513	+0.089%	$6.8M	$11.8M	50x	as long as short
Orderly PERP_WLD_USDC	+0.0099%	8h	0.4515	+0.133%	$28K	$868K	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4513	+0.096%	$211K	$1.1M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4515	+0.141%	$50K	$526K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4511	+0.044%	$85.9M	$332.1M	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	0.4509	0.000%	$64.0M	$90.3M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4511	+0.044%	$34.1M	$150.8M	50x	as long as short
Gate WLD_USDTlong	+0.0100%	8h	0.4509	long leg	$7.2M	$36.8M	75x
MEXC WLD_USDT	+0.0100%	8h	0.4512	+0.067%	$40.0M	$55.4M	300x	as long as short
Bitget WLDUSDTshort	+0.0100%	8h	0.4507	−0.044%	$29.7M	$30.2M	75x
BingX WLD-USDC	+0.0100%	8h	0.4510	+0.022%	—	$1.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4514	+0.102%	$134K	$304K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4516	+0.148%	$2.1M	$1.7M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4527	+0.400%	$27K	$318K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4527	+0.399%	$600K	$2.0M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4529	+0.444%	$48K	$240K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4515	+0.140%	$49K	$2.2M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4519	+0.222%	$23K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4514	+0.111%	$203	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4512	+0.067%	$824K	$1.8M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4515	+0.133%	$1.8M	$3.6M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4507	−0.048%	$214K	$984K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4515	+0.137%	$31K	$600	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4515	+0.137%	—	—	20x	as long as short
Injective WLD/USDC PERP	+0.0142%	1h	0.4538	+0.643%	$6K	$185K	5.5x	as long as short
Phoenix WLD	+0.0157%	1h	0.4532	+0.519%	$5K	$52K	10x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4518	+0.200%	$4.8M	$877K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0229% / S −0.1268%	1h	0.4514	+0.122%	$5K	—	100x	as long as short
01 Exchange WLDUSD	+0.0248%	1h	0.4510	+0.020%	$323	$55	5x	as long as short
Hyperliquid WLD	+0.0312%	1h	0.4519	+0.224%	$49.3M	$43.6M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.0526%	1h	0.4515	+0.141%	$866K	$2.9M	50x	as long as short
Coinbase International WLD-PERP-INTX	+0.0560%	1h	0.4523	+0.310%	$263K	$1.6M	50x	as long as short
Lighter WLD	+0.0712%	1h	0.4521	+0.264%	$4.9M	$2.9M	10x	as long as short