Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.011%

Price spread now: OKX against Pacifica+0.030%49s7-day average −0.067% · you sell dearer than you buy

Net, funding: paid 7d − costs−$52as 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−$420.418% of the position

Long on Pacifica Short on OKX

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)−0.136%−$14 · spread now +0.030%, 7d avg −0.067%

Together, before fees−0.234%+ Points / potential airdropPacifica: Active · farm board−$23 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: OKX is 0.098% dearer against Pacifica than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.067%. The two prices were read 49 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	0.4659	0.0100	pay 0.0013% / 1h	34m 52s	$54K	$482K	5x
Short	OKX WLD-USDT-SWAP	0.4660	0.0100	get 0.0100% / 8h	7h 34m	$35.1M	$145.8M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.030%Rate

Funding earned: $0
Price spread: +0.030% → −0.067%: $9.76
Slippage, 4 orders: −$23.82
Fee Pacifica: 4 bp × 2 orders: −$8
Fee OKX: 5 bp × 2 orders: −$10
Net: −$32.06
Costs to cover: 0.418%
Break-even: never at this rate

Slippage from Pacifica: live order book, 39 min ago; OKX: 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, 39 min ago	4.36 bp	13.8 bp −$14	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 4 min ago	1.08 bp	8.6 bp −$9	16.9 bp −$169	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	−0.0182%	8h	0.4652	−0.141%	$44K	$3.9M	1.7x	as long as short
Nado WLD-PERP	−0.0029%	1h	0.4653	−0.120%	$280K	$169K	5x	as long as short
KuCoin WLDUSDTM	−0.0014%	8h	0.4657	−0.034%	$7.1M	$11.0M	50x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4658	−0.009%	$166K	$13K	10x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4654	−0.096%	$57K	—	150x	as long as short
Injective WLD/USDC PERP	+0.0038%	1h	0.4659	+0.009%	$6K	$185K	5.5x	as long as short
Orderly PERP_WLD_USDC	+0.0042%	8h	0.4660	+0.030%	$28K	$903K	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4663	+0.091%	$194K	$963K	50x	as long as short
Pacifica WLDlong	+0.0100%	1h	0.4659	long leg	$54K	$482K	5x
Binance WLDUSDT	+0.0100%	8h	0.4662	+0.065%	$88.6M	$304.6M	75x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit WLDUSDT	+0.0100%	8h	0.4661	+0.052%	$67.1M	$82.0M	50x	as long as short
OKX WLD-USDT-SWAPshort	+0.0100%	8h	0.4660	+0.030%	$35.1M	$145.8M	50x
Gate WLD_USDT	+0.0100%	8h	0.4660	+0.030%	$7.6M	$35.4M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4661	+0.052%	$47.7M	$53.6M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4662	+0.073%	$30.9M	$26.2M	75x	as long as short
BingX WLD-USDC	+0.0100%	8h	0.4662	+0.073%	—	$1.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4664	+0.114%	$139K	$279K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4660	+0.025%	$2.1M	$1.7M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4627	−0.688%	$27K	$316K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4630	−0.614%	$612K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4642	−0.356%	$55K	$229K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4655	−0.077%	$56K	$1.6M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4667	+0.181%	$23K	$1.5M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4661	+0.052%	$216	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4655	−0.077%	$866K	$1.8M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4658	−0.013%	$1.9M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4658	−0.017%	$219K	$863K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4661	+0.048%	$32K	$600	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4651	−0.157%	—	—	20x	as long as short
Phoenix WLD	+0.0157%	1h	0.4629	−0.633%	$5K	$53K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	+0.0179%	1h	0.4662	+0.073%	$134K	$871K	25x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4660	+0.030%	$4.9M	$858K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0234% / S −0.1403%	1h	0.4652	−0.137%	$6K	—	100x	as long as short
01 Exchange WLDUSD	+0.0248%	1h	0.4657	−0.026%	$333	$77	5x	as long as short
Kraken Futures PF_WLDUSD	+0.0323%	1h	0.4665	+0.134%	$919K	$2.7M	50x	as long as short
Coinbase International WLD-PERP-INTX	+0.0448%	1h	0.4670	+0.245%	$276K	$1.7M	50x	as long as short
Hyperliquid WLD	+0.0754%	1h	0.4669	+0.223%	$52.0M	$43.5M	10x	as long as short
Lighter WLD	+0.0928%	1h	0.4672	+0.290%	$5.3M	$2.0M	10x	as long as short