Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0016%/8h= +1.8% APRpaid last 24h +0.015%

Price spread now: Pacifica against OKX−0.139%7-day average +0.067% · you buy dearer than you sell

Net, funding: paid 7d − costs−$33as in the Funding arb table

Net, price: spread back to 7d avg − costs−$65as in the Price arb table

costs, in and out, $10k−$450.447% of the position

Long on OKX Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days+0.114%+$11 on $10k

Price spread, last 4 days (all we have)+0.335%+$33 · spread now −0.139%, 7d avg +0.067%

Together, before fees+0.449%+ Points / potential airdropPacifica: Active · farm board+$45 on $10k · with fees, hour by hour

Funding pays, the price is against you. Pacifica is 0.207% cheaper against OKX than usual: you would sell low and buy high (spread −0.139% now, against its 7-day average of +0.067%). If the spread goes back, that is −$21 on $10k: about 42 days of funding at the current rate ($0 a day). At the pace of the last 7 days (+0.114% in total) that is about 13 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX WLD-USDT-SWAP	0.4526	0.0084	pay 0.0084% / 8h	2h 11m	$33.8M	$137.8M	50x
Short	Pacifica WLD	0.4520	0.0100	get 0.0013% / 1h	11m 03s	$51K	$482K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 PacificabpOrdersPrice spread, now −0.139%Rate

Funding earned: $3.46
Price spread: −0.139% → +0.067%: −$20.67
Slippage, 4 orders: −$26.67
Fee OKX: 5 bp × 2 orders: −$10
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$61.88
Costs to cover: 0.447%
Break-even: 132.1 days

Slippage from OKX: live order book, 3 min ago; Pacifica: live order book, 12 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, 3 min ago	1.11 bp	10.8 bp −$11	27.2 bp −$272	doesn't fit	doesn't fit
Sell Pacifica live order book, 12 min ago	2.20 bp	10.1 bp −$10	doesn't fit	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
Kalshi KXWLDPERP	−0.0489%	8h	0.4520	−0.133%	$45K	$3.8M	1.7x	as long as short
Orderly PERP_WLD_USDC	−0.0018%	8h	0.4523	−0.066%	$27K	$916K	10x	as long as short
KuCoin WLDUSDTM	−0.0002%	8h	0.4519	−0.155%	$7.0M	$10.7M	50x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4519	−0.157%	$154K	$6K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4524	−0.044%	$122K	$911K	25x	as long as short
Variational Omni WLD	+0.0001%	8h	0.4531	+0.117%	$2.1M	$1.6M	—	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4523	−0.055%	$56K	—	150x	as long as short
Nado WLD-PERP	+0.0036%	1h	0.4521	−0.099%	$270K	$168K	5x	as long as short
Phoenix WLD	+0.0052%	1h	0.4522	−0.086%	$5K	$52K	10x	as long as short
OKX WLD-USDT-SWAPlong	+0.0084%	8h	0.4526	long leg	$33.8M	$137.8M	50x

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC WLD_USDT	+0.0088%	8h	0.4526	0.000%	$52.4M	$48.0M	300x	as long as short
Binance WLDUSDT	+0.0089%	8h	0.4526	+0.004%	$85.0M	$293.1M	75x	as long as short
Hyperliquid WLD	+0.0100%	1h	0.4529	+0.062%	$46.4M	$41.2M	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4522	−0.085%	$214K	$975K	50x	as long as short
Pacifica WLDshort	+0.0100%	1h	0.4520	−0.139%	$51K	$482K	5x
Bybit WLDUSDT	+0.0100%	8h	0.4525	−0.022%	$64.5M	$80.4M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4526	0.000%	$7.3M	$34.8M	75x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4526	0.000%	$30.0M	$25.1M	75x	as long as short
BingX WLD-USDT	+0.0100%	8h	0.4526	0.000%	—	$68.1M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4528	+0.044%	$128K	$269K	10x	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4531	+0.109%	$27K	$317K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4520	−0.142%	$606K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4533	+0.155%	$54K	$226K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4522	−0.091%	$51K	$1.7M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4528	+0.044%	$22K	$1.5M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4522	−0.088%	$197	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4520	−0.133%	$853K	$1.8M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4525	−0.022%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4521	−0.112%	$132K	$745K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4524	−0.044%	$31K	$5K	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4521	−0.104%	—	—	20x	as long as short
BloFin WLD-USDT	+0.0209%	8h	0.4528	+0.044%	$4.9M	$810K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0216% / S −0.1712%	1h	0.4524	−0.054%	$9K	—	100x	as long as short
01 Exchange WLDUSD	+0.0312%	1h	0.4526	−0.009%	$324	$77	5x	as long as short
Injective WLD/USDC PERP	+0.0374%	1h	0.4542	+0.354%	$6K	$185K	5.5x	as long as short
Coinbase International WLD-PERP-INTX	+0.0400%	1h	0.4522	−0.088%	$277K	$1.6M	50x	as long as short
Lighter WLD	+0.0952%	1h	0.4532	+0.135%	$5.1M	$2.1M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.1102%	1h	0.4526	−0.008%	$921K	$2.6M	50x	as long as short