Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.005%

Price spread now: Bitget against Pacifica+0.155%52s7-day average −0.078% · you sell dearer than you buy

Net, funding: paid 7d − costs−$47as 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−$430.431% of the position

Long on Pacifica Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.041%−$4 on $10k

Price spread, last 4 days (all we have)−0.296%−$30 · spread now +0.155%, 7d avg −0.078%

Together, before fees−0.338%+ Points / potential airdropPacifica: Active · farm board−$34 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: Bitget is 0.232% dearer against Pacifica than usual: you sell high and buy low, +$23 on $10k if it goes back to its 7-day average of −0.078%. The two prices were read 52 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	Pacifica WLD	0.4523	0.0100	pay 0.0013% / 1h	19m 56s	$50K	$542K	5x
Short	Bitget WLDUSDT	0.4530	0.0100	get 0.0100% / 8h	2h 19m	$29.8M	$30.9M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Pacifica. 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 PacificabpFee BitgetbpOrdersPrice spread, now +0.155%Rate

Funding earned: $0
Price spread: +0.155% → −0.078%: $23.23
Slippage, 4 orders: −$23.14
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$19.91
Costs to cover: 0.431%
Break-even: never at this rate

Slippage from Pacifica: live order book, 29 min ago; Bitget: live order book, 4 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 Pacifica live order book, 29 min ago	3.32 bp	10.5 bp −$10	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 4 min ago	2.23 bp	11.1 bp −$11	17.0 bp −$170	41.9 bp −$4,191	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	−0.0056%	1h	0.4525	+0.033%	$243K	$207K	5x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4522	−0.029%	$154K	$33K	10x	as long as short
Kalshi KXWLDPERP	0.0000%	8h	0.4510	−0.287%	$59K	$4.8M	1.7x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4527	+0.084%	$65K	—	150x	as long as short
01 Exchange WLDUSD	+0.0040%	1h	0.4522	−0.011%	$324	$55	5x	as long as short
Polymarket Perps WLD-USD	+0.0049%	1h	0.4522	−0.031%	$42K	$2.4M	10x	as long as short
KuCoin WLDUSDTM	+0.0050%	8h	0.4526	+0.066%	$6.7M	$11.9M	50x	as long as short
Lighter WLD	+0.0096%	1h	0.4534	+0.245%	$4.9M	$2.9M	10x	as long as short
Orderly PERP_WLD_USDC	+0.0098%	8h	0.4526	+0.066%	$28K	$798K	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4524	+0.025%	$226K	$1.1M	50x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica WLDlong	+0.0100%	1h	0.4523	long leg	$50K	$542K	5x
Binance WLDUSDT	+0.0100%	8h	0.4531	+0.175%	$86.3M	$338.4M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4530	+0.155%	$64.5M	$91.5M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4531	+0.177%	$34.2M	$154.2M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4529	+0.133%	$7.2M	$37.4M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4529	+0.133%	$39.1M	$56.0M	300x	as long as short
Bitget WLDUSDTshort	+0.0100%	8h	0.4530	+0.155%	$29.8M	$30.9M	75x
BingX WLD-USDT	+0.0100%	8h	0.4529	+0.133%	—	$70.1M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4532	+0.206%	$135K	$300K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4510	−0.294%	$2.0M	$1.7M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4484	−0.872%	$27K	$320K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4491	−0.712%	$599K	$2.0M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4482	−0.906%	$48K	$240K	50x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4533	+0.221%	$23K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4529	+0.133%	$210	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4520	−0.066%	$827K	$1.7M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4529	+0.133%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4526	+0.059%	$221K	$999K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4526	+0.071%	$31K	$600	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4523	+0.006%	—	—	20x	as long as short
Phoenix WLD	+0.0142%	1h	0.4514	−0.190%	$5K	$52K	10x	as long as short
Injective WLD/USDC PERP	+0.0176%	1h	0.4513	−0.221%	$6K	$185K	5.5x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0219% / S −0.0967%	1h	0.4527	+0.083%	$4K	—	100x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4507	−0.354%	$4.8M	$915K	75x	as long as short
Hyperliquid WLD	+0.0255%	1h	0.4533	+0.232%	$49.0M	$44.0M	10x	as long as short
Deribit WLD_USDC-PERPETUAL	+0.0413%	1h	0.4529	+0.133%	$145K	$1.0M	25x	as long as short
Kraken Futures PF_WLDUSD	+0.0500%	1h	0.4533	+0.228%	$863K	$2.9M	50x	as long as short
Coinbase International WLD-PERP-INTX	+0.0536%	1h	0.4531	+0.177%	$276K	$1.7M	50x	as long as short