Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0097%/8h= −10.7% APRpaid last 24h +0.012%

Price spread now: gTrade (Gains Network) against HTX−0.056%7-day average — · you buy dearer than you sell

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

Long on HTX 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

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.056% cheaper against HTX than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX WLD-USDT	0.4525	0.0100	pay 0.0100% / 8h	1h 59m	$854K	$1.8M	50x
Short	gTrade (Gains Network) WLD/USD	0.4522	L +0.0003% / S −0.0003%	get 0.0000% / 1h	59m 14s	$56K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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 gTrade (Gains Network)bpOrdersPrice spread, now −0.056%Rate

Funding earned: −$20.44
Price spread: −0.056% → 0.000%: −$5.64
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$48.07
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: HTX: 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 HTX live order book, 5 min ago	6.64 bp	49.9 bp −$50	doesn't fit	doesn't fit	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	−0.0486%	8h	0.4518	−0.155%	$45K	$3.8M	1.7x	as long as short
Injective WLD/USDC PERP	−0.0079%	1h	0.4542	+0.376%	$6K	$185K	5.5x	as long as short
Nado WLD-PERP	−0.0019%	1h	0.4521	−0.077%	$271K	$169K	5x	as long as short
Orderly PERP_WLD_USDC	−0.0014%	8h	0.4522	−0.066%	$27K	$916K	10x	as long as short
KuCoin WLDUSDTM	−0.0001%	8h	0.4519	−0.133%	$7.0M	$10.7M	50x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4512	−0.286%	$154K	$6K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4523	−0.044%	$122K	$911K	25x	as long as short
gTrade (Gains Network) WLD/USDshort	L +0.0003% / S −0.0003%	1h	0.4522	−0.056%	$56K	—	150x
Variational Omni WLD	+0.0025%	8h	0.4516	−0.192%	$2.1M	$1.7M	—	as long as short
Phoenix WLD	+0.0052%	1h	0.4523	−0.035%	$5K	$49K	10x	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	+0.0098%	8h	0.4522	−0.066%	$33.8M	$137.9M	50x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4522	−0.061%	$212K	$976K	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4515	−0.218%	$51K	$481K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4523	−0.054%	$84.9M	$293.5M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4523	−0.044%	$64.4M	$80.5M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4521	−0.088%	$7.3M	$34.5M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4523	−0.044%	$52.4M	$48.1M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4523	−0.044%	$29.9M	$25.1M	75x	as long as short
BingX WLD-USDT	+0.0100%	8h	0.4523	−0.044%	—	$68.1M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4517	−0.170%	$128K	$270K	10x	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4516	−0.197%	$27K	$316K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4521	−0.089%	$606K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4519	−0.133%	$54K	$227K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4522	−0.069%	$51K	$1.7M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4527	+0.044%	$23K	$1.5M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4521	−0.088%	$197	$5K	10x	as long as short
HTX WLD-USDTlong	+0.0100%	8h	0.4525	long leg	$854K	$1.8M	50x
Phemex WLDUSDT	+0.0100%	8h	0.4522	−0.066%	$1.8M	$3.8M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4519	−0.135%	$132K	$745K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4523	−0.044%	$31K	$5K	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4520	−0.121%	—	—	20x	as long as short
Kraken Futures PF_WLDUSD	+0.0188%	1h	0.4524	−0.033%	$920K	$2.6M	50x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4518	−0.155%	$4.8M	$811K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0244% / S −0.2042%	1h	0.4523	−0.046%	$9K	—	100x	as long as short
01 Exchange WLDUSD	+0.0304%	1h	0.4526	+0.011%	$324	$77	5x	as long as short
Coinbase International WLD-PERP-INTX	+0.0424%	1h	0.4530	+0.110%	$277K	$1.6M	50x	as long as short
Lighter WLD	+0.0936%	1h	0.4531	+0.124%	$5.1M	$2.0M	10x	as long as short
Hyperliquid WLD	+0.1019%	1h	0.4527	+0.038%	$46.9M	$41.6M	10x	as long as short