Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: HTX against SunX−0.111%7-day average −0.307% · you buy dearer than you sell

Net, funding: paid 7d − costs−$163as in the Funding arb table

Net, price: spread back to 7d avg − costs−$138as in the Price arb table

costs, in and out, $10k−$1581.578% of the position

Long on SunX Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.051%−$5 on $10k

Price spread, last 4 days (all we have)−0.435%−$43 · spread now −0.111%, 7d avg −0.307%

Together, before fees−0.485%−$49 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: HTX is 0.196% dearer against SunX than usual: you sell high and buy low, +$20 on $10k if it goes back to its 7-day average of −0.307%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX WLD-USDT	0.4516	0.0100	pay 0.0100% / 8h	2h 49m	$23K	$1.6M	50x
Short	HTX WLD-USDT	0.4511	0.0100	get 0.0100% / 8h	2h 49m	$825K	$1.8M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now −0.111%Rate

Funding earned: $0
Price spread: −0.111% → −0.307%: $19.6
Slippage, 4 orders: −$137.76
Fee SunX: 4 bp × 2 orders: −$8
Fee HTX: 6 bp × 2 orders: −$12
Net: −$138.16
Costs to cover: 1.578%
Break-even: never at this rate

Slippage from SunX: live order book, 6 min ago; HTX: live order book, 5 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, 6 min ago	29.84 bp	38.7 bp −$39	doesn't fit	doesn't fit	doesn't fit
Sell HTX live order book, 5 min ago	14.41 bp	24.5 bp −$24	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
Nado WLD-PERP	−0.0032%	1h	0.4515	−0.022%	$244K	$207K	5x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4514	−0.039%	$154K	$33K	10x	as long as short
Kalshi KXWLDPERP	0.0000%	8h	0.4511	−0.111%	$81K	$4.8M	1.7x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4516	0.000%	$146K	$1.0M	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4516	−0.004%	$65K	—	150x	as long as short
KuCoin WLDUSDTM	+0.0040%	8h	0.4512	−0.089%	$6.7M	$11.9M	50x	as long as short
01 Exchange WLDUSD	+0.0072%	1h	0.4516	−0.004%	$323	$55	5x	as long as short
Polymarket Perps WLD-USD	+0.0080%	1h	0.4513	−0.058%	$45K	$2.3M	10x	as long as short
Orderly PERP_WLD_USDC	+0.0098%	8h	0.4515	−0.022%	$28K	$853K	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4512	−0.086%	$225K	$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 WLD	+0.0100%	1h	0.4515	−0.024%	$50K	$541K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4512	−0.089%	$85.8M	$337.3M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4511	−0.111%	$64.2M	$91.8M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4512	−0.089%	$34.1M	$153.2M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4513	−0.066%	$7.2M	$36.7M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4512	−0.089%	$38.9M	$55.5M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4511	−0.111%	$29.8M	$30.9M	75x	as long as short
BingX WLD-USDC	+0.0100%	8h	0.4513	−0.066%	—	$1.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4514	−0.040%	$134K	$307K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4526	+0.215%	$2.0M	$1.7M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4514	−0.033%	$27K	$320K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4528	+0.274%	$594K	$2.0M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4523	+0.155%	$48K	$240K	50x	as long as short
SunX WLD-USDTlong	+0.0100%	8h	0.4516	long leg	$23K	$1.6M	50x
SoDEX WLD-USD	+0.0100%	1h	0.4511	−0.111%	$207	$5K	10x	as long as short
HTX WLD-USDTshort	+0.0100%	8h	0.4511	−0.111%	$825K	$1.8M	50x
Phemex WLDUSDT	+0.0100%	8h	0.4512	−0.089%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4511	−0.116%	$221K	$999K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4514	−0.039%	$31K	$600	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4514	−0.038%	—	—	20x	as long as short
Phoenix WLD	+0.0142%	1h	0.4523	+0.155%	$5K	$52K	10x	as long as short
Injective WLD/USDC PERP	+0.0176%	1h	0.4519	+0.066%	$6K	$185K	5.5x	as long as short
Lighter WLD	+0.0200%	1h	0.4516	+0.011%	$4.9M	$2.9M	10x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0219% / S −0.0967%	1h	0.4516	−0.010%	$4K	—	100x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4511	−0.111%	$4.8M	$926K	75x	as long as short
Hyperliquid WLD	+0.0339%	1h	0.4517	+0.016%	$49.0M	$44.1M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.0502%	1h	0.4514	−0.040%	$861K	$2.9M	50x	as long as short
Coinbase International WLD-PERP-INTX	+0.0536%	1h	0.4521	+0.111%	$276K	$1.7M	50x	as long as short