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% APRpaid last 24h +0.011%

Price spread now: edgeX against OKX−0.047%91s7-day average +0.008% · you buy dearer than you sell

Net, funding: paid 7d − costs−$23as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$330.330% of the position

Long on OKX Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.098%+$10 on $10k

Price spread, last 4 days (all we have)+0.216%+$22 · spread now −0.047%, 7d avg +0.008%

Together, before fees+0.314%+ Points / potential airdropedgeX: Active · farm board+$31 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: edgeX is 0.055% cheaper against OKX than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.008%. The two prices were read 91 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX WLD-USDT-SWAP	0.4538	0.0100	pay 0.0100% / 8h	1h 50m	$34.4M	$155.3M	50x
Short	edgeX WLDUSDC	0.4536	0.0100	get 0.0050% / 4h	1h 50m	$27K	$320K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against OKX. 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 OKXbpFee edgeXbpOrdersPrice spread, now −0.047%Rate

Funding earned: $0
Price spread: −0.047% → +0.008%: −$5.53
Slippage, 4 orders: −$14.05
Fee OKX: 5 bp × 2 orders: −$10
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$38.58
Costs to cover: 0.330%
Break-even: never at this rate

Slippage from OKX: live order book, 4 min ago; edgeX: live order book, 58 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 OKX live order book, 4 min ago	1.10 bp	8.4 bp −$8	17.5 bp −$175	doesn't fit	doesn't fit
Sell edgeX live order book, 58 min ago	4.43 bp	8.9 bp −$9	18.3 bp −$183	doesn't fit	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
Nado WLD-PERP	−0.0015%	1h	0.4533	−0.099%	$239K	$170K	5x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4542	+0.083%	$155K	$33K	10x	as long as short
Kalshi KXWLDPERP	0.0000%	8h	0.4544	+0.132%	$64K	$4.8M	1.7x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4546	+0.173%	$66K	—	150x	as long as short
KuCoin WLDUSDTM	+0.0082%	8h	0.4544	+0.132%	$6.7M	$11.9M	50x	as long as short
Orderly PERP_WLD_USDC	+0.0099%	8h	0.4543	+0.110%	$27K	$789K	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4542	+0.090%	$227K	$1.1M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4544	+0.128%	$50K	$539K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4541	+0.065%	$86.6M	$339.6M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4539	+0.022%	$64.8M	$91.7M	50x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX WLD-USDT-SWAPlong	+0.0100%	8h	0.4538	long leg	$34.4M	$155.3M	50x
Gate WLD_USDT	+0.0100%	8h	0.4545	+0.154%	$7.2M	$36.1M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4546	+0.176%	$40.2M	$56.6M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4544	+0.132%	$30.0M	$31.3M	75x	as long as short
BingX WLD-USDT	+0.0100%	8h	0.4545	+0.154%	—	$70.2M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4547	+0.192%	$132K	$300K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4541	+0.061%	$2.1M	$1.7M	—	as long as short
edgeX WLDUSDCshort	+0.0100%	4h	0.4536	−0.047%	$27K	$320K	20x
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4541	+0.066%	$603K	$2.0M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4537	−0.022%	$48K	$240K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4545	+0.161%	$63K	$2.6M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4551	+0.286%	$22K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4545	+0.154%	$216	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4539	+0.022%	$830K	$1.7M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4546	+0.176%	$1.8M	$3.6M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4543	+0.111%	$209K	$1.0M	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4545	+0.150%	$31K	$500	3x	as long as short
Injective WLD/USDC PERP	+0.0132%	1h	0.4541	+0.066%	$6K	$185K	5.5x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4546	+0.183%	—	—	20x	as long as short
01 Exchange WLDUSD	+0.0152%	1h	0.4547	+0.194%	$325	$55	5x	as long as short
Phoenix WLD	+0.0158%	1h	0.4533	−0.119%	$5K	$44K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	+0.0190%	1h	0.4547	+0.198%	$151K	$1.0M	25x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0219% / S −0.0967%	1h	0.4545	+0.156%	$4K	—	100x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4543	+0.110%	$4.8M	$938K	75x	as long as short
Lighter WLD	+0.0288%	1h	0.4551	+0.289%	$4.9M	$2.9M	10x	as long as short
Coinbase International WLD-PERP-INTX	+0.0488%	1h	0.4553	+0.331%	$275K	$1.7M	50x	as long as short
Hyperliquid WLD	+0.0774%	1h	0.4551	+0.278%	$49.9M	$44.8M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.1041%	1h	0.4546	+0.174%	$865K	$2.9M	50x	as long as short