Funding arb · Price arb /

WLD

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0031%/8h= +3.4% APRpaid last 24h +0.018%

Price spread now: Aevo against KuCoin+0.033%7-day average — · you sell dearer than you buy

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

Long on KuCoin Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 5 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 for this trade now. Funding pays +$1 a day on $10k at the current rate, and Aevo is 0.033% dearer against KuCoin than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin WLDUSDTM	0.4563	0.0073	pay 0.0073% / 8h	2h 02m	$6.8M	$11.9M	50x
Short	Aevo WLD-PERP	0.4565	0.0104	get 0.0013% / 1h	2m 01s	$31K	$500	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against KuCoin. 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 KuCoinbpFee AevobpOrdersPrice spread, now +0.033%Rate

Funding earned: $6.51
Price spread: +0.033% → 0.000%: $3.29
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$18.2
Costs to cover: 0.280%
Break-even: 26.6 days

Slippage unknown: KuCoin: live order book, 6 min ago; Aevo: 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 KuCoin live order book, 6 min ago	1.10 bp	25.0 bp −$25	44.0 bp −$440	doesn't fit	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: 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
Nado WLD-PERP	−0.0035%	1h	0.4561	−0.033%	$240K	$170K	5x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4565	+0.035%	$156K	$33K	10x	as long as short
Kalshi KXWLDPERP	0.0000%	8h	0.4561	−0.044%	$53K	$4.8M	1.7x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4562	−0.020%	$66K	—	150x	as long as short
KuCoin WLDUSDTMlong	+0.0073%	8h	0.4563	long leg	$6.8M	$11.9M	50x
01 Exchange WLDUSD	+0.0080%	1h	0.4565	+0.053%	$327	$55	5x	as long as short
Orderly PERP_WLD_USDC	+0.0099%	8h	0.4562	−0.022%	$27K	$790K	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4565	+0.036%	$228K	$1.1M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4565	+0.040%	$51K	$538K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4562	−0.022%	$86.9M	$339.4M	75x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit WLDUSDT	+0.0100%	8h	0.4562	−0.022%	$65.1M	$91.7M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4560	−0.066%	$34.6M	$156.1M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4563	0.000%	$7.2M	$37.9M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4562	−0.022%	$40.5M	$57.2M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4562	−0.022%	$30.1M	$31.4M	75x	as long as short
BingX WLD-USDT	+0.0100%	8h	0.4562	−0.022%	—	$70.2M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4564	+0.026%	$133K	$300K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4579	+0.344%	$2.1M	$1.7M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4576	+0.274%	$27K	$321K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4582	+0.416%	$604K	$2.0M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4574	+0.241%	$49K	$240K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4563	−0.004%	$47K	$2.4M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4568	+0.110%	$23K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4563	0.000%	$211	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4567	+0.088%	$835K	$1.7M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4565	+0.044%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4562	−0.030%	$211K	$1.0M	10x	as long as short
Aevo WLD-PERPshort	+0.0104%	1h	0.4565	+0.033%	$31K	$500	3x
Reya WLDRUSDPERP	+0.0134%	1h	0.4563	−0.008%	—	—	20x	as long as short
Phoenix WLD	+0.0142%	1h	0.4578	+0.324%	$5K	$52K	10x	as long as short
Lighter WLD	+0.0168%	1h	0.4569	+0.138%	$4.9M	$2.9M	10x	as long as short
Injective WLD/USDC PERP	+0.0176%	1h	0.4544	−0.416%	$6K	$185K	5.5x	as long as short
Deribit WLD_USDC-PERPETUAL	+0.0188%	1h	0.4564	+0.022%	$151K	$1.0M	25x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0219% / S −0.0967%	1h	0.4561	−0.038%	$4K	—	100x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4568	+0.110%	$4.8M	$921K	75x	as long as short
Hyperliquid WLD	+0.0363%	1h	0.4569	+0.125%	$49.8M	$44.6M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.0496%	1h	0.4567	+0.079%	$864K	$2.9M	50x	as long as short
Coinbase International WLD-PERP-INTX	+0.0536%	1h	0.4566	+0.066%	$275K	$1.7M	50x	as long as short