Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.011%

Price spread now: Pacifica against Gate+0.168%7-day average +0.043% · you sell dearer than you buy

Net, funding: paid 7d − costs−$46as in the Funding arb table

Net, price: spread back to 7d avg − costs−$45as in the Price arb table

costs, in and out, $10k−$570.572% of the position

Long on Gate Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days+0.111%+$11 on $10k

Price spread, last 4 days (all we have)+0.360%+$36 · spread now +0.168%, 7d avg +0.043%

Together, before fees+0.471%+ Points / potential airdropPacifica: Active · farm board+$47 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: Pacifica is 0.124% dearer against Gate than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of +0.043%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate WLD_USDT	0.4539	0.0100	pay 0.0100% / 8h	7h 15m	$7.1M	$35.0M	75x
Short	Pacifica WLD	0.4547	0.0100	get 0.0013% / 1h	15m 23s	$56K	$546K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 PacificabpOrdersPrice spread, now +0.168%Rate

Funding earned: $0
Price spread: +0.168% → +0.043%: $12.42
Slippage, 4 orders: −$34.25
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$44.83
Costs to cover: 0.572%
Break-even: never at this rate

Slippage from Gate: live order book, 3 min ago; Pacifica: live order book, 18 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	2.20 bp	16.2 bp −$16	33.6 bp −$336	50.4 bp −$5,042	123.4 bp −$61.7K
Sell Pacifica live order book, 18 min ago	2.23 bp	13.1 bp −$13	doesn't fit	doesn't fit	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	−0.0032%	1h	0.4540	+0.033%	$236K	$172K	5x	as long as short
Kalshi KXWLDPERP	0.0000%	8h	0.4539	0.000%	$34K	$4.6M	1.7x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4543	+0.088%	$117K	$982K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4541	+0.039%	$66K	—	150x	as long as short
Orderly PERP_WLD_USDC	+0.0098%	8h	0.4539	0.000%	$27K	$548K	10x	as long as short
Hyperliquid WLD	+0.0100%	1h	0.4542	+0.073%	$50.3M	$43.1M	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4545	+0.134%	$217K	$1.0M	50x	as long as short
Pacifica WLDshort	+0.0100%	1h	0.4547	+0.168%	$56K	$546K	5x
Binance WLDUSDT	+0.0100%	8h	0.4541	+0.049%	$86.6M	$332.4M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4540	+0.022%	$65.1M	$89.4M	50x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4538	−0.022%	$34.5M	$150.2M	50x	as long as short
Gate WLD_USDTlong	+0.0100%	8h	0.4539	long leg	$7.1M	$35.0M	75x
MEXC WLD_USDT	+0.0100%	8h	0.4539	0.000%	$41.9M	$56.9M	300x	as long as short
KuCoin WLDUSDTM	+0.0100%	8h	0.4542	+0.066%	$6.7M	$11.6M	50x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4538	−0.022%	$29.9M	$31.0M	75x	as long as short
BingX WLD-USDT	+0.0100%	8h	0.4537	−0.044%	—	$20.4M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4542	+0.064%	$128K	$285K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4540	+0.019%	$2.1M	$1.5M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4534	−0.118%	$27K	$322K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4538	−0.026%	$604K	$2.1M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4533	−0.132%	$48K	$236K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4541	+0.048%	$49K	$2.6M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4542	+0.066%	$22K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4543	+0.088%	$224	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4539	0.000%	$832K	$1.4M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4544	+0.110%	$1.7M	$3.5M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4541	+0.052%	$215K	$907K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4540	+0.029%	$31K	$500	3x	as long as short
Injective WLD/USDC PERP	+0.0109%	1h	0.4508	−0.683%	$6K	$185K	5.5x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4535	−0.081%	—	—	20x	as long as short
dYdX WLD-USD	+0.0161%	1h	0.4542	+0.075%	$155K	$31K	10x	as long as short
Lighter WLD	+0.0168%	1h	0.4547	+0.178%	$5.0M	$3.0M	10x	as long as short
01 Exchange WLDUSD	+0.0168%	1h	0.4543	+0.090%	$325	$55	5x	as long as short
Phoenix WLD	+0.0194%	1h	0.4541	+0.046%	$4K	$44K	10x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0219% / S −0.0967%	1h	0.4535	−0.095%	$4K	—	100x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4537	−0.044%	$4.4M	$937K	75x	as long as short
Kraken Futures PF_WLDUSD	+0.0301%	1h	0.4546	+0.146%	$901K	$2.8M	50x	as long as short
Coinbase International WLD-PERP-INTX	+0.0440%	1h	0.4549	+0.220%	$270K	$1.6M	50x	as long as short