Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0097%/8h= −10.7% APRpaid last 24h −0.007%

Price spread now: gTrade (Gains Network) against Gate+0.048%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Gate Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. gTrade (Gains Network) is 0.048% dearer against Gate than usual: you sell high and buy low (spread +0.048% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 39 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate WLD_USDT	0.4563	0.0100	pay 0.0100% / 8h	23m 28s	$7.4M	$35.7M	75x
Short	gTrade (Gains Network) WLD/USD	0.4565	L +0.0003% / S −0.0003%	get 0.0000% / 1h	23m 28s	$56K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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 gTrade (Gains Network)bpOrdersPrice spread, now +0.048%Rate

Funding earned: −$20.44
Price spread: +0.048% → 0.000%: $4.76
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$40.68
Costs to cover: 0.250%
Break-even: never at this rate

Slippage unknown: Gate: live order book, 5 min ago; gTrade (Gains Network): no order-book sample. Net counts fees only.

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, 5 min ago	2.18 bp	14.2 bp −$14	39.9 bp −$399	74.7 bp −$7,468	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0195%	8h	0.4561	−0.044%	$64K	$3.9M	1.7x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4566	+0.062%	$163K	$13K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4560	−0.066%	$112K	$885K	25x	as long as short
gTrade (Gains Network) WLD/USDshort	L +0.0003% / S −0.0003%	1h	0.4565	+0.048%	$56K	—	150x
KuCoin WLDUSDTM	+0.0011%	8h	0.4559	−0.088%	$6.9M	$11.0M	50x	as long as short
Orderly PERP_WLD_USDC	+0.0031%	8h	0.4566	+0.066%	$28K	$907K	10x	as long as short
Nado WLD-PERP	+0.0043%	1h	0.4565	+0.044%	$275K	$169K	5x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4563	+0.003%	$191K	$1.0M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4564	+0.022%	$53K	$483K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4564	+0.014%	$86.1M	$301.8M	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	0.4566	+0.066%	$65.5M	$82.7M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4564	+0.022%	$34.1M	$142.5M	50x	as long as short
Gate WLD_USDTlong	+0.0100%	8h	0.4563	long leg	$7.4M	$35.7M	75x
MEXC WLD_USDT	+0.0100%	8h	0.4564	+0.022%	$45.3M	$53.2M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4561	−0.044%	$30.1M	$25.9M	75x	as long as short
BingX WLD-USDT	+0.0100%	8h	0.4564	+0.022%	—	$67.1M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4560	−0.059%	$128K	$272K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4574	+0.240%	$2.0M	$1.7M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4563	−0.005%	$27K	$316K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4586	+0.511%	$618K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4562	−0.022%	$55K	$228K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4567	+0.081%	$45K	$1.6M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4567	+0.088%	$23K	$1.5M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4559	−0.088%	$209	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4554	−0.197%	$848K	$1.8M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4560	−0.066%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4561	−0.042%	$233K	$845K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4561	−0.044%	$31K	$5K	3x	as long as short
Phoenix WLD	+0.0104%	1h	0.4570	+0.149%	$5K	$53K	10x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4563	−0.004%	—	—	20x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4564	+0.022%	$4.9M	$821K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0229% / S −0.1268%	1h	0.4566	+0.061%	$5K	—	100x	as long as short
01 Exchange WLDUSD	+0.0264%	1h	0.4565	+0.048%	$327	$77	5x	as long as short
Injective WLD/USDC PERP	+0.0373%	1h	0.4592	+0.636%	$6K	$185K	5.5x	as long as short
Coinbase International WLD-PERP-INTX	+0.0440%	1h	0.4563	0.000%	$269K	$1.6M	50x	as long as short
Hyperliquid WLD	+0.0467%	1h	0.4570	+0.145%	$49.5M	$43.0M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.0721%	1h	0.4562	−0.016%	$899K	$2.7M	50x	as long as short
Lighter WLD	+0.1408%	1h	0.4571	+0.173%	$5.2M	$2.0M	10x	as long as short