Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.008%

Price spread now: Aster against SunX−0.011%7-day average −0.144% · you buy dearer than you sell

Net, funding: paid 7d − costs−$126as in the Funding arb table

Net, price: spread back to 7d avg − costs−$106as in the Price arb table

costs, in and out, $10k−$1191.191% of the position

Long on SunX Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.064%−$6 on $10k

Price spread, last 3 days (all we have)−0.495%−$49 · spread now −0.011%, 7d avg −0.144%

Together, before fees−0.559%+ Points / potential airdropAster: Stage 5 · farm board−$56 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: Aster is 0.133% dearer against SunX than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of −0.144%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX WLD-USDT	0.4565	0.0100	pay 0.0100% / 8h	2h 24m	$23K	$1.5M	50x
Short	Aster WLDUSDT	0.4564	0.0100	get 0.0100% / 8h	2h 24m	$216K	$981K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against SunX. 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 SunXbpFee AsterbpOrdersPrice spread, now −0.011%Rate

Funding earned: $0
Price spread: −0.011% → −0.144%: $13.25
Slippage, 4 orders: −$103.11
Fee SunX: 4 bp × 2 orders: −$8
Fee Aster: 4 bp × 2 orders: −$8
Net: −$105.85
Costs to cover: 1.191%
Break-even: never at this rate

Slippage from SunX: live order book, 10 min ago; Aster: live order book, 63 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 SunX live order book, 10 min ago	29.60 bp	38.5 bp −$38	doesn't fit	doesn't fit	doesn't fit
Sell Aster live order book, 63 min ago	3.28 bp	21.3 bp −$21	42.8 bp −$428	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	−0.0446%	8h	0.4565	0.000%	$44K	$3.8M	1.7x	as long as short
Deribit WLD_USDC-PERPETUAL	−0.0188%	1h	0.4560	−0.110%	$128K	$903K	25x	as long as short
Orderly PERP_WLD_USDC	−0.0023%	8h	0.4560	−0.110%	$28K	$917K	10x	as long as short
Variational Omni WLD	−0.0017%	8h	0.4577	+0.270%	$2.1M	$1.6M	—	as long as short
dYdX WLD-USD	0.0000%	1h	0.4568	+0.063%	$156K	$6K	10x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4561	−0.077%	$57K	—	150x	as long as short
KuCoin WLDUSDTM	+0.0011%	8h	0.4558	−0.153%	$7.0M	$10.7M	50x	as long as short
Nado WLD-PERP	+0.0037%	1h	0.4561	−0.088%	$272K	$168K	5x	as long as short
Phoenix WLD	+0.0052%	1h	0.4571	+0.140%	$5K	$52K	10x	as long as short
OKX WLD-USDT-SWAP	+0.0070%	8h	0.4561	−0.088%	$34.1M	$138.6M	50x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid WLD	+0.0100%	1h	0.4564	−0.018%	$47.2M	$40.8M	10x	as long as short
Aster WLDUSDTshort	+0.0100%	8h	0.4564	−0.011%	$216K	$981K	50x
Pacifica WLD	+0.0100%	1h	0.4564	−0.012%	$51K	$483K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4562	−0.066%	$85.7M	$292.4M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4560	−0.110%	$65.2M	$80.2M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4560	−0.110%	$7.5M	$34.6M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4561	−0.088%	$54.1M	$47.3M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4560	−0.110%	$30.2M	$25.2M	75x	as long as short
BingX WLD-USDC	+0.0100%	8h	0.4562	−0.066%	—	$1.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4561	−0.088%	$129K	$272K	10x	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4569	+0.094%	$27K	$314K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4575	+0.218%	$613K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4572	+0.153%	$55K	$227K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4559	−0.131%	$54K	$1.7M	10x	as long as short
SunX WLD-USDTlong	+0.0100%	8h	0.4565	long leg	$23K	$1.5M	50x
SoDEX WLD-USD	+0.0100%	1h	0.4560	−0.110%	$199	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4568	+0.066%	$862K	$1.8M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4560	−0.110%	$1.8M	$3.8M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4559	−0.129%	$134K	$745K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4565	+0.004%	$31K	$5K	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4558	−0.156%	—	—	20x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0217% / S −0.0307%	1h	0.4560	−0.102%	$12K	—	100x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4560	−0.110%	$4.9M	$810K	75x	as long as short
Injective WLD/USDC PERP	+0.0374%	1h	0.4622	+1.249%	$6K	$139K	5.5x	as long as short
01 Exchange WLDUSD	+0.0400%	1h	0.4564	−0.013%	$327	$77	5x	as long as short
Coinbase International WLD-PERP-INTX	+0.0400%	1h	0.4578	+0.285%	$280K	$1.6M	50x	as long as short
Lighter WLD	+0.1008%	1h	0.4568	+0.077%	$5.1M	$2.0M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.1093%	1h	0.4564	−0.026%	$924K	$2.6M	50x	as long as short