Settings8H · net · $10k
Funding arb · Price arb /

WLD

all WLD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0077%/8h= +8.4% APRpaid last 24h +0.012%
Price spread now: KuCoin against Nado−0.050%7-day average +0.002% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$540.541% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.096%+$10 on $10k
Price spread, last 4 days (all we have)+0.013%+$1 · spread now −0.050%, 7d avg +0.002%
Together, before fees+0.108%+ Points / potential airdropNado: Active · farm board+$11 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.052% cheaper against Nado than usual: you would sell low and buy high (spread −0.050% now, against its 7-day average of +0.002%). If the spread goes back, that is −$5 on $10k: about 2.3 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado WLD-PERP0.45340.0003pay 0.0000% / 1h42m 27s$239K$170K5x
ShortKuCoin WLDUSDTM0.45320.0080get 0.0080% / 8h1h 42m$6.7M$11.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Nado. 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

Funding earned
$16.1
Price spread: −0.050% → +0.002%
−$5.2
Slippage, 4 orders
−$35.11
Fee Nado: 3.5 bp × 2 orders
−$7
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$43.21
Costs to cover
0.541%
Break-even
25.8 days
Slippage from Nado: live order book, 65 min ago; KuCoin: live order book, 6 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Nado live order book, 65 min ago2.11 bp9.5 bp −$930.9 bp −$309doesn't fitdoesn't fit
Sell KuCoin live order book, 6 min ago1.10 bp23.1 bp −$2348.3 bp −$483doesn't fitdoesn't fit

WLD on 38 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX WLD-USD0.0000%1h0.4536+0.043%$155K$33K10xas long as short
Kalshi KXWLDPERP0.0000%8h0.4547+0.281%$48K$4.8M1.7xas long as short
Deribit WLD_USDC-PERPETUAL0.0000%1h0.4533−0.028%$150K$1.0M25xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4534−0.003%$66K150xas long as short
Nado WLD-PERPlong+0.0003%1h0.4534long leg$239K$170K5x
KuCoin WLDUSDTMshort+0.0080%8h0.4532−0.050%$6.7M$11.9M50x
Orderly PERP_WLD_USDC+0.0099%8h0.4532−0.050%$27K$787K10xas long as short
Aster WLDUSDT+0.0100%8h0.4535+0.027%$227K$1.1M50xas long as short
Pacifica WLD+0.0100%1h0.4534−0.004%$50K$539K5xas long as short
Binance WLDUSDT+0.0100%8h0.4533−0.027%$86.5M$340.3M75xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit WLDUSDT+0.0100%8h0.4531−0.072%$64.8M$92.0M50xas long as short
OKX WLD-USDT-SWAP+0.0100%8h0.4532−0.050%$34.3M$155.4M50xas long as short
Gate WLD_USDT+0.0100%8h0.4532−0.050%$7.2M$36.2M75xas long as short
MEXC WLD_USDT+0.0100%8h0.4533−0.028%$40.5M$56.8M300xas long as short
Bitget WLDUSDT+0.0100%8h0.4533−0.028%$29.9M$31.4M75xas long as short
BingX WLD-USDC+0.0100%8h0.4533−0.028%$1.3Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4541+0.144%$135K$300K10xas long as short
Variational Omni WLD+0.0100%8h0.4533−0.034%$2.1M$1.7Mas long as short
edgeX WLDUSDC+0.0100%4h0.4536+0.037%$27K$322K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4544+0.211%$600K$2.0M10xas long as short
ApeX Omni WLDUSDT+0.0100%1h0.4545+0.237%$48K$240K50xas long as short
Polymarket Perps WLD-USD+0.0100%1h0.4532−0.039%$54K$2.6M10xas long as short
SunX WLD-USDT+0.0100%8h0.4542+0.171%$22K$1.6M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4540+0.127%$213$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4539+0.105%$830K$1.7M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4539+0.105%$1.8M$3.6M50xas long as short
Extended WLD-USD+0.0104%1h0.4530−0.094%$209K$1.0M10xas long as short
Aevo WLD-PERP+0.0104%1h0.4534−0.003%$31K$5003xas long as short
Injective WLD/USDC PERP+0.0132%1h0.4581+1.031%$6K$185K5.5xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4533−0.032%20xas long as short
01 Exchange WLDUSD+0.0136%1h0.4536+0.047%$325$555xas long as short
Lighter WLD+0.0144%1h0.4540+0.120%$4.9M$2.9M10xas long as short
Phoenix WLD+0.0158%1h0.4530−0.103%$5K$44K10xas long as short
GMX WLD/USD [ETH-USDC]L +0.0219% / S −0.0967%1h0.4533−0.034%$4K100xas long as short
BloFin WLD-USDT+0.0220%8h0.4539+0.105%$4.8M$937K75xas long as short
Coinbase International WLD-PERP-INTX+0.0488%1h0.4540+0.127%$274K$1.7M50xas long as short
Hyperliquid WLD+0.0703%1h0.4540+0.133%$49.8M$44.8M10xas long as short
Kraken Futures PF_WLDUSD+0.1042%1h0.4541+0.154%$874K$2.9M50xas long as short