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 0.000%

Price spread now: ApeX Omni against HTX0.000%7-day average +0.199% · you sell dearer than you buy

Net, funding: paid 7d − costs−$75as in the Funding arb table

Net, price: spread back to 7d avg − costs−$100as in the Price arb table

costs, in and out, $10k−$800.797% of the position

Long on HTX Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.049%+$5 on $10k

Price spread, last 4 days (all we have)−0.048%−$5 · spread now 0.000%, 7d avg +0.199%

Together, before fees+0.001%$0 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: ApeX Omni is 0.199% cheaper against HTX than usual: you would sell low and buy high, −$20 on $10k if it goes back to its 7-day average of +0.199%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX WLD-USDT	0.4483	0.0100	pay 0.0100% / 8h	7h 26m	$822K	$1.4M	50x
Short	ApeX Omni WLDUSDT	0.4483	0.0100	get 0.0013% / 1h	26m 29s	$48K	$237K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against HTX. 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 HTXbpFee ApeX OmnibpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → +0.199%: −$19.89
Slippage, 4 orders: −$57.69
Fee HTX: 6 bp × 2 orders: −$12
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$99.58
Costs to cover: 0.797%
Break-even: never at this rate

Slippage from HTX: live order book, 2 min ago; ApeX Omni: live order book, 5 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 HTX live order book, 2 min ago	7.83 bp	18.8 bp −$19	300.8 bp −$3,008	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 5 min ago	7.81 bp	15.2 bp −$15	104.0 bp −$1,040	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	−0.0009%	1h	0.4472	−0.245%	$232K	$175K	5x	as long as short
Kalshi KXWLDPERP	0.0000%	8h	0.4479	−0.089%	$49K	$4.6M	1.7x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4478	−0.112%	$115K	$1.0M	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4472	−0.247%	$65K	—	150x	as long as short
Bybit WLDUSDT	+0.0018%	8h	0.4472	−0.245%	$63.3M	$89.2M	50x	as long as short
Orderly PERP_WLD_USDC	+0.0099%	8h	0.4477	−0.134%	$27K	$577K	10x	as long as short
Hyperliquid WLD	+0.0100%	1h	0.4477	−0.136%	$49.6M	$43.1M	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4476	−0.164%	$224K	$1.0M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4477	−0.144%	$55K	$553K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4472	−0.237%	$85.3M	$334.1M	75x	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	0.4473	−0.223%	$33.8M	$148.4M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4473	−0.223%	$7.0M	$34.8M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4472	−0.245%	$41.1M	$56.5M	300x	as long as short
KuCoin WLDUSDTM	+0.0100%	8h	0.4473	−0.223%	$6.5M	$11.7M	50x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4472	−0.245%	$29.5M	$31.2M	75x	as long as short
BingX WLD-USDC	+0.0100%	8h	0.4471	−0.268%	—	$1.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4479	−0.089%	$130K	$298K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4480	−0.072%	$2.1M	$1.5M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4481	−0.049%	$27K	$322K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4480	−0.066%	$590K	$2.1M	10x	as long as short
ApeX Omni WLDUSDTshort	+0.0100%	1h	0.4483	0.000%	$48K	$237K	50x
Polymarket Perps WLD-USD	+0.0100%	1h	0.4476	−0.156%	$49K	$2.6M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4482	−0.022%	$22K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4477	−0.134%	$216	$5K	10x	as long as short
HTX WLD-USDTlong	+0.0100%	8h	0.4483	long leg	$822K	$1.4M	50x
Phemex WLDUSDT	+0.0100%	8h	0.4480	−0.067%	$1.7M	$3.6M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4470	−0.297%	$212K	$907K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4477	−0.128%	$30K	$500	3x	as long as short
Injective WLD/USDC PERP	+0.0109%	1h	0.4508	+0.558%	$6K	$185K	5.5x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4474	−0.195%	—	—	20x	as long as short
Lighter WLD	+0.0160%	1h	0.4480	−0.060%	$4.9M	$3.0M	10x	as long as short
01 Exchange WLDUSD	+0.0168%	1h	0.4477	−0.129%	$320	$55	5x	as long as short
Phoenix WLD	+0.0194%	1h	0.4483	+0.002%	$4K	$44K	10x	as long as short
dYdX WLD-USD	+0.0213%	1h	0.4476	−0.153%	$153K	$31K	10x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0219% / S −0.0967%	1h	0.4478	−0.106%	$4K	—	100x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4479	−0.089%	$4.4M	$926K	75x	as long as short
Kraken Futures PF_WLDUSD	+0.0306%	1h	0.4479	−0.094%	$887K	$2.8M	50x	as long as short
Coinbase International WLD-PERP-INTX	+0.0440%	1h	0.4485	+0.045%	$266K	$1.6M	50x	as long as short