Funding arb · Price arb /

WLD

all WLD markets

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 +0.003%

Price spread now: Gate against MEXC0.000%7-day average −0.001% · you sell dearer than you buy

Net, funding: paid 7d − costs−$36as in the Funding arb table

Net, price: spread back to 7d avg − costs−$34as in the Price arb table

costs, in and out, $10k−$340.341% of the position

Long on MEXC Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.018%−$2 on $10k

Price spread, last 7 days−0.004%$0 · spread now 0.000%, 7d avg −0.001%

Together, before fees−0.023%−$2 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC WLD_USDT	0.4488	0.0100	pay 0.0100% / 8h	20m 20s	$40.8M	$56.8M	300x
Short	Gate WLD_USDT	0.4488	0.0100	get 0.0100% / 8h	20m 20s	$7.0M	$35.9M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → −0.001%: $0.14
Slippage, 4 orders: −$19.14
Fee MEXC: 0 bp × 2 orders: $0
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$34
Costs to cover: 0.341%
Break-even: never at this rate

Slippage from MEXC: live order book, 4 min ago; Gate: live order book, 3 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, 4 min ago	1.12 bp	1.1 bp −$1	4.5 bp −$45	22.5 bp −$2,248	77.3 bp −$38.6K
Sell Gate live order book, 3 min ago	1.12 bp	15.8 bp −$16	37.1 bp −$371	56.0 bp −$5,597	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
Injective WLD/USDC PERP	−0.0309%	1h	0.4531	+0.958%	$6K	$185K	5.5x	as long as short
Nado WLD-PERP	−0.0030%	1h	0.4486	−0.056%	$234K	$175K	5x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4485	−0.075%	$153K	$32K	10x	as long as short
Kalshi KXWLDPERP	0.0000%	8h	0.4483	−0.111%	$64K	$4.6M	1.7x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4484	−0.089%	$135K	$986K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4485	−0.070%	$65K	—	150x	as long as short
Orderly PERP_WLD_USDC	+0.0099%	8h	0.4488	0.000%	$27K	$688K	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4490	+0.046%	$227K	$1.0M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4486	−0.034%	$53K	$542K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4489	+0.027%	$86.0M	$334.2M	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	0.4486	−0.045%	$63.5M	$89.9M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4488	0.000%	$33.9M	$150.4M	50x	as long as short
Gate WLD_USDTshort	+0.0100%	8h	0.4488	0.000%	$7.0M	$35.9M	75x
MEXC WLD_USDTlong	+0.0100%	8h	0.4488	long leg	$40.8M	$56.8M	300x
KuCoin WLDUSDTM	+0.0100%	8h	0.4487	−0.022%	$6.6M	$11.6M	50x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4489	+0.022%	$29.7M	$31.0M	75x	as long as short
BingX WLD-USDC	+0.0100%	8h	0.4488	0.000%	—	$1.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4484	−0.082%	$131K	$299K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4481	−0.162%	$2.0M	$1.5M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4485	−0.062%	$27K	$320K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4488	0.000%	$597K	$2.0M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4490	+0.045%	$48K	$238K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4488	−0.002%	$49K	$2.7M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4492	+0.089%	$22K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4483	−0.111%	$216	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4481	−0.156%	$820K	$1.5M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4486	−0.045%	$1.7M	$3.6M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4486	−0.049%	$207K	$880K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4490	+0.045%	$30K	$500	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4486	−0.050%	—	—	20x	as long as short
Lighter WLD	+0.0136%	1h	0.4491	+0.076%	$4.9M	$2.9M	10x	as long as short
Phoenix WLD	+0.0177%	1h	0.4491	+0.074%	$4K	$43K	10x	as long as short
01 Exchange WLDUSD	+0.0208%	1h	0.4490	+0.053%	$321	$55	5x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0219% / S −0.0967%	1h	0.4484	−0.081%	$4K	—	100x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4483	−0.111%	$4.8M	$904K	75x	as long as short
Hyperliquid WLD	+0.0387%	1h	0.4493	+0.109%	$49.9M	$43.2M	10x	as long as short
Coinbase International WLD-PERP-INTX	+0.0448%	1h	0.4493	+0.111%	$269K	$1.6M	50x	as long as short
Kraken Futures PF_WLDUSD	+0.0460%	1h	0.4486	−0.040%	$859K	$2.8M	50x	as long as short