Funding arb · Price arb /

WLD

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.010%

Price spread now: BingX against MEXC+0.087%7-day average — · you sell dearer than you buy

Net, funding: paid 7d − costs−$8as in the Funding arb table

Net, price: spread back to 7d avg − costs−$9as in the Price arb table

costs, in and out, $10k−$170.172% of the position

Long on MEXC Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.096%+$10 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.087% dearer against MEXC than usual: you sell high and buy low, +$9 on $10k if it 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	MEXC WLD_USDT	0.4584	0.0100	pay 0.0100% / 8h	5h 08m	$44.6M	$54.9M	300x
Short	BingX WLD-USDT	0.4588	0.0100	get 0.0100% / 8h	5h 08m	—	$67.2M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against MEXC. 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 MEXCbpFee BingXbpOrdersPrice spread, now +0.087%Rate

Funding earned: $0
Price spread: +0.087% → 0.000%: $8.73
Slippage, 4 orders: −$7.24
Fee MEXC: 0 bp × 2 orders: $0
Fee BingX: 5 bp × 2 orders: −$10
Net: −$8.51
Costs to cover: 0.172%
Break-even: never at this rate

Slippage from MEXC: live order book, 6 min ago; BingX: live order book, 11 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 MEXC live order book, 6 min ago	1.08 bp	1.1 bp −$1	4.5 bp −$45	24.3 bp −$2,428	79.2 bp −$39.6K
Sell BingX live order book, 11 min ago	1.08 bp	6.7 bp −$7	12.9 bp −$129	31.2 bp −$3,118	108.6 bp −$54.3K

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	−0.0119%	8h	0.4590	+0.131%	$40K	$4.6M	1.7x	as long as short
KuCoin WLDUSDTM	−0.0030%	8h	0.4584	0.000%	$7.0M	$11.6M	50x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4592	+0.176%	$164K	$26K	10x	as long as short
Nado WLD-PERP	+0.0002%	1h	0.4585	+0.011%	$242K	$204K	5x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4589	+0.105%	$55K	—	150x	as long as short
01 Exchange WLDUSD	+0.0048%	1h	0.4588	+0.085%	$328	$80	5x	as long as short
Orderly PERP_WLD_USDC	+0.0079%	8h	0.4586	+0.044%	$28K	$890K	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4591	+0.153%	$182K	$1.1M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4591	+0.160%	$50K	$522K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4584	0.000%	$87.2M	$327.5M	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	0.4584	0.000%	$65.6M	$88.6M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4581	−0.065%	$34.4M	$148.9M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4586	+0.044%	$7.2M	$37.2M	75x	as long as short
MEXC WLD_USDTlong	+0.0100%	8h	0.4584	long leg	$44.6M	$54.9M	300x
Bitget WLDUSDT	+0.0100%	8h	0.4586	+0.044%	$30.4M	$29.9M	75x	as long as short
BingX WLD-USDTshort	+0.0100%	8h	0.4588	+0.087%	—	$67.2M	—
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4595	+0.233%	$139K	$298K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4615	+0.668%	$2.1M	$1.7M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4617	+0.710%	$27K	$318K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4622	+0.837%	$616K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4629	+0.982%	$51K	$236K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4587	+0.065%	$47K	$2.0M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4594	+0.218%	$23K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4586	+0.044%	$176	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4586	+0.044%	$838K	$1.9M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4587	+0.065%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4585	+0.017%	$212K	$955K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4565	−0.421%	$31K	$600	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4584	+0.004%	—	—	20x	as long as short
Lighter WLD	+0.0152%	1h	0.4591	+0.148%	$5.0M	$2.3M	10x	as long as short
Phoenix WLD	+0.0172%	1h	0.4621	+0.809%	$5K	$57K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	+0.0186%	1h	0.4589	+0.109%	$115K	$923K	25x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4594	+0.218%	$5.0M	$801K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0229% / S −0.1268%	1h	0.4588	+0.082%	$5K	—	100x	as long as short
Hyperliquid WLD	+0.0455%	1h	0.4594	+0.212%	$50.4M	$43.1M	10x	as long as short
Coinbase International WLD-PERP-INTX	+0.0480%	1h	0.4592	+0.175%	$271K	$1.7M	50x	as long as short
Injective WLD/USDC PERP	+0.0677%	1h	0.4636	+1.134%	$6K	$185K	5.5x	as long as short
Kraken Futures PF_WLDUSD	+0.0902%	1h	0.4589	+0.106%	$888K	$2.9M	50x	as long as short