Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0087%/8h= −9.5% APRpaid last 24h +0.026%

Price spread now: Aster against Kraken Futures−0.055%7-day average −0.042% · you buy dearer than you sell

Net, funding: paid 7d − costs−$59as in the Funding arb table

Net, price: spread back to 7d avg − costs−$56as in the Price arb table

costs, in and out, $10k−$550.548% of the position

Long on Kraken Futures Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.045%−$4 on $10k

Price spread, last 3 days (all we have)−0.211%−$21 · spread now −0.055%, 7d avg −0.042%

Together, before fees−0.256%+ Points / potential airdropAster: Stage 5 · farm board−$26 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.042%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_WLDUSD	0.4570	0.0187	pay 0.0023% / 1h	13m 19s	$910K	$2.6M	50x
Short	Aster WLDUSDT	0.4567	0.0100	get 0.0100% / 8h	1h 13m	$200K	$999K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Kraken Futures. 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 Kraken FuturesbpFee AsterbpOrdersPrice spread, now −0.055%Rate

Funding earned: −$18.17
Price spread: −0.055% → −0.042%: −$1.25
Slippage, 4 orders: −$36.76
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$74.17
Costs to cover: 0.548%
Break-even: never at this rate

Slippage from Kraken Futures: live order book, 5 min ago; Aster: 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 Kraken Futures live order book, 5 min ago	4.37 bp	19.3 bp −$19	32.0 bp −$320	doesn't fit	doesn't fit
Sell Aster live order book, 5 min ago	1.09 bp	9.0 bp −$9	25.8 bp −$258	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
Kalshi KXWLDPERP	−0.0305%	8h	0.4575	+0.119%	$61K	$3.8M	1.7x	as long as short
Injective WLD/USDC PERP	−0.0079%	1h	0.4578	+0.185%	$6K	$185K	5.5x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4566	−0.086%	$163K	$13K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4566	−0.078%	$107K	$900K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4565	−0.098%	$57K	—	150x	as long as short
Orderly PERP_WLD_USDC	+0.0006%	8h	0.4564	−0.121%	$28K	$912K	10x	as long as short
KuCoin WLDUSDTM	+0.0007%	8h	0.4563	−0.143%	$7.0M	$10.8M	50x	as long as short
Nado WLD-PERP	+0.0050%	1h	0.4563	−0.143%	$275K	$169K	5x	as long as short
Variational Omni WLD	+0.0094%	8h	0.4568	−0.035%	$2.1M	$1.6M	—	as long as short
Aster WLDUSDTshort	+0.0100%	8h	0.4567	−0.055%	$200K	$999K	50x

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica WLD	+0.0100%	1h	0.4567	−0.053%	$53K	$481K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4565	−0.100%	$86.3M	$297.1M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4564	−0.121%	$65.3M	$82.0M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4564	−0.121%	$34.1M	$140.9M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4563	−0.143%	$7.4M	$35.4M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4564	−0.121%	$49.0M	$52.1M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4564	−0.121%	$30.1M	$25.6M	75x	as long as short
BingX WLD-USDT	+0.0100%	8h	0.4565	−0.100%	—	$67.8M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4574	+0.104%	$129K	$269K	10x	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4570	+0.004%	$27K	$317K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4569	−0.019%	$614K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4567	−0.056%	$55K	$227K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4566	−0.082%	$41K	$1.6M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4570	+0.010%	$23K	$1.5M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4566	−0.078%	$201	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4564	−0.121%	$862K	$1.8M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4567	−0.056%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4564	−0.120%	$240K	$855K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4567	−0.056%	$31K	$5K	3x	as long as short
Phoenix WLD	+0.0124%	1h	0.4576	+0.148%	$5K	$53K	10x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4563	−0.146%	—	—	20x	as long as short
Kraken Futures PF_WLDUSDlong	+0.0187%	1h	0.4570	long leg	$910K	$2.6M	50x
BloFin WLD-USDT	+0.0220%	8h	0.4564	−0.121%	$4.9M	$811K	75x	as long as short
01 Exchange WLDUSD	+0.0248%	1h	0.4569	−0.019%	$327	$77	5x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0260% / S −0.2221%	1h	0.4565	−0.107%	$9K	—	100x	as long as short
Coinbase International WLD-PERP-INTX	+0.0424%	1h	0.4580	+0.229%	$270K	$1.6M	50x	as long as short
Hyperliquid WLD	+0.0700%	1h	0.4570	+0.008%	$49.6M	$43.2M	10x	as long as short
Lighter WLD	+0.1000%	1h	0.4578	+0.187%	$5.2M	$2.1M	10x	as long as short