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

WLD

all WLD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0080%/8h= −8.8% APRnext payment $0.80 per $10,000 · paid last 24h +0.001%
Price spread now: KuCoin against OKX−0.087%7-day average +0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$550.551% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.022%+$2 on $10k
Price spread, last 7 days+0.109%+$11 · spread now −0.087%, 7d avg +0.017%
Together, before fees+0.132%+$13 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and KuCoin is 0.104% cheaper against OKX than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of +0.017%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX WLD-USDT-SWAP0.45880.0100pay 0.0100% / 8h38m 32s$34.2M$142.8M50x
ShortKuCoin WLDUSDTM0.45840.0020get 0.0020% / 8h38m 32s$7.0M$10.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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

Funding earned
−$16.8
Price spread: −0.087% → +0.017%
−$10.39
Slippage, 4 orders
−$33.1
Fee OKX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$82.29
Costs to cover
0.551%
Break-even
never at this rate
Slippage from OKX: live order book, 5 min ago; KuCoin: live order book, 5 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 OKX live order book, 5 min ago1.08 bp6.5 bp −$613.8 bp −$138doesn't fitdoesn't fit
Sell KuCoin live order book, 5 min ago2.17 bp16.1 bp −$1636.9 bp −$369doesn'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−0.0222%8h0.4604+0.349%$48K$3.9M1.7xas long as short
dYdX WLD-USD0.0000%1h0.4587−0.023%$164K$13K10xas long as short
Deribit WLD_USDC-PERPETUAL0.0000%1h0.4593+0.109%$112K$883K25xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4592+0.093%$57K150xas long as short
Orderly PERP_WLD_USDC+0.0020%8h0.4592+0.087%$28K$909K10xas long as short
KuCoin WLDUSDTMshort+0.0020%8h0.4584−0.087%$7.0M$10.9M50x
Nado WLD-PERP+0.0067%1h0.4585−0.065%$276K$169K5xas long as short
Aster WLDUSDT+0.0100%8h0.4589+0.024%$190K$1.0M50xas long as short
Pacifica WLD+0.0100%1h0.4588−0.006%$53K$483K5xas long as short
Binance WLDUSDT+0.0100%8h0.4589+0.027%$86.7M$300.8M75xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit WLDUSDT+0.0100%8h0.45880.000%$65.7M$82.6M50xas long as short
OKX WLD-USDT-SWAPlong+0.0100%8h0.4588long leg$34.2M$142.8M50x
Gate WLD_USDT+0.0100%8h0.4586−0.044%$7.5M$35.5M75xas long as short
MEXC WLD_USDT+0.0100%8h0.4587−0.022%$46.1M$52.5M300xas long as short
Bitget WLDUSDT+0.0100%8h0.4585−0.065%$30.2M$25.7M75xas long as short
BingX WLD-USDC+0.0100%8h0.45880.000%$1.3Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4590+0.037%$130K$270K10xas long as short
Variational Omni WLD+0.0100%8h0.4603+0.325%$2.1M$1.6Mas long as short
edgeX WLDUSDC+0.0100%4h0.4602+0.301%$27K$316K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4604+0.357%$621K$1.9M10xas long as short
ApeX Omni WLDUSDT+0.0100%1h0.4606+0.392%$55K$228K50xas long as short
Polymarket Perps WLD-USD+0.0100%1h0.4591+0.070%$45K$1.6M10xas long as short
SunX WLD-USDT+0.0100%8h0.4599+0.240%$23K$1.5M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4592+0.087%$206$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4587−0.022%$855K$1.8M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4592+0.087%$1.8M$3.7M50xas long as short
Extended WLD-USD+0.0104%1h0.4586−0.050%$234K$845K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4594+0.141%$31K$5K3xas long as short
Phoenix WLD+0.0104%1h0.4602+0.305%$5K$53K10xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4586−0.034%20xas long as short
BloFin WLD-USDT+0.0220%8h0.4591+0.065%$4.9M$825K75xas long as short
GMX WLD/USD [ETH-USDC]L +0.0229% / S −0.1268%1h0.4592+0.095%$5K100xas long as short
01 Exchange WLDUSD+0.0296%1h0.4592+0.089%$329$775xas long as short
Injective WLD/USDC PERP+0.0373%1h0.4612+0.523%$6K$185K5.5xas long as short
Coinbase International WLD-PERP-INTX+0.0440%1h0.4594+0.131%$272K$1.6M50xas long as short
Hyperliquid WLD+0.0593%1h0.4594+0.131%$49.9M$43.0M10xas long as short
Kraken Futures PF_WLDUSD+0.0716%1h0.4595+0.152%$914K$2.6M50xas long as short
Lighter WLD+0.1552%1h0.4599+0.238%$5.2M$2.0M10xas long as short