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 −0.003%

Price spread now: MEXC against Gate0.000%7-day average +0.001% · you sell dearer than you buy

Net, funding: paid 7d − costs−$32as in the Funding arb table

Net, price: spread back to 7d avg − costs−$34as in the Price arb table

costs, in and out, $10k−$340.342% of the position

Long on Gate Short on MEXC

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+0.009%+$1 · spread now 0.000%, 7d avg +0.001%

Together, before fees+0.027%+$3 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	0.4491	0.0100	pay 0.0100% / 8h	2h 31m	$7.3M	$37.1M	75x
Short	MEXC WLD_USDT	0.4491	0.0100	get 0.0100% / 8h	2h 31m	$38.6M	$55.7M	300x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → +0.001%: −$0.12
Slippage, 4 orders: −$19.21
Fee Gate: 7.5 bp × 2 orders: −$15
Fee MEXC: 0 bp × 2 orders: $0
Net: −$34.33
Costs to cover: 0.342%
Break-even: never at this rate

Slippage from Gate: live order book, 2 min ago; MEXC: 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, 2 min ago	2.23 bp	14.3 bp −$14	29.4 bp −$294	57.1 bp −$5,707	127.8 bp −$63.9K
Sell MEXC live order book, 3 min ago	1.11 bp	1.1 bp −$1	5.4 bp −$54	23.3 bp −$2,325	81.0 bp −$40.5K

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	−0.0052%	1h	0.4491	+0.011%	$241K	$208K	5x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4489	−0.049%	$153K	$33K	10x	as long as short
Kalshi KXWLDPERP	0.0000%	8h	0.4493	+0.045%	$69K	$4.9M	1.7x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4490	−0.012%	$65K	—	150x	as long as short
Polymarket Perps WLD-USD	+0.0040%	1h	0.4488	−0.060%	$39K	$2.4M	10x	as long as short
KuCoin WLDUSDTM	+0.0046%	8h	0.4489	−0.045%	$6.7M	$11.9M	50x	as long as short
01 Exchange WLDUSD	+0.0064%	1h	0.4492	+0.029%	$321	$55	5x	as long as short
Orderly PERP_WLD_USDC	+0.0098%	8h	0.4492	+0.022%	$28K	$818K	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4495	+0.091%	$224K	$1.1M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4490	−0.021%	$50K	$541K	5x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance WLDUSDT	+0.0100%	8h	0.4493	+0.045%	$85.5M	$339.2M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4491	0.000%	$63.9M	$92.0M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4492	+0.022%	$33.8M	$153.2M	50x	as long as short
Gate WLD_USDTlong	+0.0100%	8h	0.4491	long leg	$7.3M	$37.1M	75x
MEXC WLD_USDTshort	+0.0100%	8h	0.4491	0.000%	$38.6M	$55.7M	300x
Bitget WLDUSDT	+0.0100%	8h	0.4489	−0.045%	$29.5M	$31.0M	75x	as long as short
BingX WLD-USDC	+0.0100%	8h	0.4490	−0.022%	—	$1.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4493	+0.053%	$133K	$305K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4509	+0.396%	$2.0M	$1.7M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4489	−0.039%	$27K	$321K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4497	+0.128%	$597K	$2.0M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4488	−0.067%	$48K	$241K	50x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4498	+0.156%	$23K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4491	0.000%	$205	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4483	−0.178%	$820K	$1.7M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4491	0.000%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4489	−0.049%	$220K	$999K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4491	+0.011%	$30K	$600	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4489	−0.049%	—	—	20x	as long as short
Lighter WLD	+0.0136%	1h	0.4494	+0.076%	$4.9M	$2.9M	10x	as long as short
Phoenix WLD	+0.0142%	1h	0.4509	+0.399%	$5K	$52K	10x	as long as short
Injective WLD/USDC PERP	+0.0176%	1h	0.4513	+0.490%	$6K	$185K	5.5x	as long as short
Deribit WLD_USDC-PERPETUAL	+0.0195%	1h	0.4493	+0.045%	$143K	$1.0M	25x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0219% / S −0.0967%	1h	0.4491	−0.011%	$4K	—	100x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4494	+0.067%	$4.8M	$924K	75x	as long as short
Hyperliquid WLD	+0.0298%	1h	0.4496	+0.100%	$48.6M	$44.2M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.0504%	1h	0.4492	+0.030%	$857K	$2.9M	50x	as long as short
Coinbase International WLD-PERP-INTX	+0.0536%	1h	0.4493	+0.045%	$274K	$1.7M	50x	as long as short