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

WLD

all WLD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0141%/8h= +15.4% APRnext payment +$0.18 per $10,000 · paid last 24h +0.033%
Price spread now: Pacifica against Nado−0.109%50s7-day average +0.048% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$630.627% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.144%+$14 on $10k
Price spread, last 4 days (all we have)+0.016%+$2 · spread now −0.109%, 7d avg +0.048%
Together, before fees+0.161%+ Points / potential airdropNado: Active · Pacifica: Active · farm board+$16 on $10k · with fees, hour by hour
Funding pays, the price is against you. Pacifica is 0.157% cheaper against Nado than usual: you would sell low and buy high (spread −0.109% now, against its 7-day average of +0.048%). If the spread goes back, that is −$16 on $10k: about 3.7 days of funding at the current rate (+$4 a day). The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado WLD-PERP0.4593−0.0041get 0.0005% / 1h23m 39s$243K$205K5x
ShortPacifica WLD0.45880.0100get 0.0013% / 1h23m 39s$49K$527K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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
$29.59
Price spread: −0.109% → +0.048%
−$15.72
Slippage, 4 orders
−$47.69
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$48.82
Costs to cover
0.627%
Break-even
18.5 days
Slippage from Nado: live order book, 34 min ago; Pacifica: live order book, 35 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, 34 min ago11.37 bp17.6 bp −$1843.9 bp −$439doesn't fitdoesn't fit
Sell Pacifica live order book, 35 min ago1.10 bp12.2 bp −$12doesn't fitdoesn'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
Kalshi KXWLDPERP−0.0101%8h0.4589−0.087%$39K$4.6M1.7xas long as short
Nado WLD-PERPlong−0.0041%1h0.4593long leg$243K$205K5x
KuCoin WLDUSDTM−0.0011%8h0.4586−0.152%$7.0M$11.6M50xas long as short
dYdX WLD-USD0.0000%1h0.4586−0.159%$156K$33K10xas long as short
Deribit WLD_USDC-PERPETUAL0.0000%1h0.4590−0.065%$119K$942K25xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4591−0.036%$67K150xas long as short
Injective WLD/USDC PERP+0.0014%1h0.4544−1.067%$6K$185K5.5xas long as short
Orderly PERP_WLD_USDC+0.0093%8h0.4589−0.087%$28K$886K10xas long as short
Lighter WLD+0.0096%1h0.4592−0.020%$5.0M$2.4M10xas long as short
Aster WLDUSDT+0.0100%8h0.4592−0.028%$211K$1.1M50xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica WLDshort+0.0100%1h0.4588−0.109%$49K$527K5x
Binance WLDUSDT+0.0100%8h0.4586−0.155%$86.9M$328.5M75xas long as short
Bybit WLDUSDT+0.0100%8h0.4588−0.109%$65.3M$89.2M50xas long as short
OKX WLD-USDT-SWAP+0.0100%8h0.4587−0.131%$34.3M$149.9M50xas long as short
Gate WLD_USDT+0.0100%8h0.4586−0.152%$7.2M$37.0M75xas long as short
MEXC WLD_USDT+0.0100%8h0.4586−0.152%$44.0M$54.3M300xas long as short
Bitget WLDUSDT+0.0100%8h0.4589−0.087%$30.3M$30.1M75xas long as short
BingX WLD-USDT+0.0100%8h0.4589−0.087%$67.4Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4592−0.017%$137K$299K10xas long as short
Variational Omni WLD+0.0100%8h0.4590−0.073%$2.2M$1.7Mas long as short
edgeX WLDUSDC+0.0100%4h0.4592−0.016%$27K$318K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4596+0.065%$608K$1.9M10xas long as short
ApeX Omni WLDUSDT+0.0100%1h0.4591−0.044%$43K$239K50xas long as short
Polymarket Perps WLD-USD+0.0100%1h0.4592−0.033%$47K$2.1M10xas long as short
SunX WLD-USDT+0.0100%8h0.4599+0.131%$23K$1.6M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4591−0.044%$172$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4583−0.218%$838K$1.8M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4592−0.022%$1.8M$3.7M50xas long as short
Extended WLD-USD+0.0104%1h0.4587−0.124%$221K$981K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4590−0.065%$31K$6003xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4592−0.028%20xas long as short
01 Exchange WLDUSD+0.0144%1h0.4595+0.048%$329$805xas long as short
Phoenix WLD+0.0158%1h0.4598+0.102%$5K$52K10xas long as short
BloFin WLD-USDT+0.0220%8h0.4594+0.022%$4.8M$835K75xas long as short
GMX WLD/USD [ETH-USDC]L +0.0230% / S −0.1268%1h0.4591−0.037%$5K100xas long as short
Hyperliquid WLD+0.0330%1h0.4593−0.009%$50.4M$43.3M10xas long as short
Kraken Futures PF_WLDUSD+0.0478%1h0.4594+0.029%$889K$2.8M50xas long as short
Coinbase International WLD-PERP-INTX+0.0496%1h0.4608+0.327%$270K$1.7M50xas long as short