Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0042%/8h= +4.6% APRpaid last 24h +0.011%

Price spread now: edgeX against Gate+0.282%52s7-day average −0.006% · you sell dearer than you buy

Net, funding: paid 7d − costs−$38as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$510.512% of the position

Long on Gate Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.127%+$13 on $10k

Price spread, last 4 days (all we have)+0.918%+$92 · spread now +0.282%, 7d avg −0.006%

Together, before fees+1.045%+ Points / potential airdropedgeX: Active · farm board+$105 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and edgeX is 0.288% dearer against Gate than usual: you sell high and buy low: +$29 more if the spread goes back to its 7-day average of −0.006%. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate WLD_USDT	0.4666	0.0058	pay 0.0058% / 8h	6h 20m	$7.3M	$37.8M	75x
Short	edgeX WLDUSDC	0.4679	0.0100	get 0.0050% / 4h	2h 20m	$28K	$317K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now +0.282%Rate

Funding earned: $8.82
Price spread: +0.282% → −0.006%: $28.84
Slippage, 4 orders: −$27.15
Fee Gate: 7.5 bp × 2 orders: −$15
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$13.49
Costs to cover: 0.512%
Break-even: 17.7 days

Slippage from Gate: live order book, 3 min ago; edgeX: live order book, 48 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	1.07 bp	18.4 bp −$18	40.9 bp −$409	73.8 bp −$7,382	142.3 bp −$71.2K
Sell edgeX live order book, 48 min ago	4.22 bp	8.9 bp −$9	16.4 bp −$164	doesn't fit	doesn't fit

WLD on 37 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
Injective WLD/USDC PERP	−0.0235%	1h	0.4615	−1.093%	$6K	$185K	5.5x	as long as short
Kalshi KXWLDPERP	−0.0147%	8h	0.4657	−0.193%	$45K	$4.4M	1.7x	as long as short
KuCoin WLDUSDTM	−0.0048%	8h	0.4668	+0.043%	$7.1M	$11.5M	50x	as long as short
Nado WLD-PERP	−0.0002%	1h	0.4664	−0.048%	$271K	$189K	5x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4672	+0.120%	$166K	$26K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4667	+0.021%	$121K	$917K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4667	+0.027%	$56K	—	150x	as long as short
Gate WLD_USDTlong	+0.0058%	8h	0.4666	long leg	$7.3M	$37.8M	75x
Orderly PERP_WLD_USDC	+0.0059%	8h	0.4667	+0.021%	$28K	$897K	10x	as long as short
Phoenix WLD	+0.0068%	1h	0.4715	+1.042%	$5K	$54K	10x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster WLDUSDT	+0.0100%	8h	0.4668	+0.037%	$179K	$1.0M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4670	+0.096%	$56K	$506K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4667	+0.029%	$88.7M	$325.2M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4666	0.000%	$66.5M	$87.8M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4665	−0.021%	$35.1M	$152.6M	50x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4666	0.000%	$46.3M	$55.9M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4665	−0.021%	$31.0M	$29.4M	75x	as long as short
BingX WLD-USDC	+0.0100%	8h	0.4666	0.000%	—	$1.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4663	−0.060%	$138K	$294K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4664	−0.051%	$2.1M	$1.7M	—	as long as short
edgeX WLDUSDCshort	+0.0100%	4h	0.4679	+0.282%	$28K	$317K	20x
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4690	+0.504%	$622K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4678	+0.257%	$51K	$235K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4667	+0.030%	$55K	$2.1M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4669	+0.064%	$23K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4665	−0.021%	$219	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4663	−0.064%	$882K	$1.9M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4663	−0.064%	$1.9M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4663	−0.075%	$215K	$886K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4667	+0.021%	$32K	$600	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4664	−0.033%	—	—	20x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0230% / S −0.1268%	1h	0.4669	+0.058%	$5K	—	100x	as long as short
01 Exchange WLDUSD	+0.0264%	1h	0.4670	+0.077%	$334	$77	5x	as long as short
Coinbase International WLD-PERP-INTX	+0.0456%	1h	0.4673	+0.150%	$278K	$1.7M	50x	as long as short
Hyperliquid WLD	+0.0556%	1h	0.4672	+0.137%	$52.0M	$44.1M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.0641%	1h	0.4668	+0.048%	$910K	$2.9M	50x	as long as short
Lighter WLD	+0.0792%	1h	0.4679	+0.279%	$5.3M	$2.1M	10x	as long as short