Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0036%/8h= +3.9% APRpaid last 24h −0.032%

Price spread now: 01 Exchange against SunX−0.137%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on SunX Short on 01 Exchange

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. 01 Exchange is 0.137% cheaper against SunX than usual: you would sell low and buy high (spread −0.137% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$14 on $10k: about 13 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX WLD-USDT	0.4588	0.0100	pay 0.0100% / 8h	4h 18m	$23K	$1.6M	50x
Short	01 Exchange WLDUSD	0.4582	0.0136	get 0.0017% / 1h	18m 55s	$328	$80	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange 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 01 ExchangebpOrdersPrice spread, now −0.137%Rate

Funding earned: $7.56
Price spread: −0.137% → 0.000%: −$13.73
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: −$21.17
Costs to cover: 0.150%
Break-even: 26.6 days

Slippage unknown: SunX: live order book, 6 min ago; 01 Exchange: no order-book sample. Net counts fees only.

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	29.39 bp	39.3 bp −$39	doesn't fit	doesn't fit	doesn't fit
Sell 01 Exchange no order-book sample	—	—	—	—	—

01 Exchange: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0041%	1h	0.4579	−0.185%	$243K	$205K	5x	as long as short
KuCoin WLDUSDTM	−0.0009%	8h	0.4572	−0.349%	$6.9M	$11.6M	50x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4577	−0.236%	$156K	$33K	10x	as long as short
Kalshi KXWLDPERP	0.0000%	8h	0.4580	−0.174%	$46K	$4.6M	1.7x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4579	−0.196%	$118K	$942K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4581	−0.156%	$66K	—	150x	as long as short
Injective WLD/USDC PERP	+0.0014%	1h	0.4544	−0.959%	$6K	$185K	5.5x	as long as short
Orderly PERP_WLD_USDC	+0.0094%	8h	0.4578	−0.218%	$28K	$886K	10x	as long as short
Lighter WLD	+0.0096%	1h	0.4582	−0.135%	$4.9M	$2.4M	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4581	−0.142%	$211K	$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	0.4579	−0.195%	$49K	$527K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4573	−0.327%	$86.7M	$328.3M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4572	−0.349%	$65.0M	$89.2M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4573	−0.327%	$34.3M	$149.6M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4575	−0.283%	$7.2M	$37.0M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4573	−0.327%	$43.9M	$54.4M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4572	−0.349%	$30.2M	$30.2M	75x	as long as short
BingX WLD-USDT	+0.0100%	8h	0.4575	−0.283%	—	$67.5M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4578	−0.227%	$136K	$300K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4579	−0.204%	$2.1M	$1.7M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4586	−0.035%	$27K	$319K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4593	+0.109%	$604K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4583	−0.109%	$43K	$239K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4579	−0.190%	$40K	$2.1M	10x	as long as short
SunX WLD-USDTlong	+0.0100%	8h	0.4588	long leg	$23K	$1.6M	50x
SoDEX WLD-USD	+0.0100%	1h	0.4578	−0.218%	$176	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4577	−0.240%	$837K	$1.8M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4578	−0.218%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4571	−0.375%	$220K	$981K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4579	−0.196%	$31K	$600	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4580	−0.181%	—	—	20x	as long as short
01 Exchange WLDUSDshort	+0.0136%	1h	0.4582	−0.137%	$328	$80	5x
Phoenix WLD	+0.0158%	1h	0.4588	−0.002%	$5K	$52K	10x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4576	−0.262%	$4.9M	$831K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0229% / S −0.1268%	1h	0.4583	−0.114%	$5K	—	100x	as long as short
Hyperliquid WLD	+0.0330%	1h	0.4583	−0.113%	$50.3M	$43.3M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.0479%	1h	0.4580	−0.177%	$884K	$2.8M	50x	as long as short
Coinbase International WLD-PERP-INTX	+0.0496%	1h	0.4593	+0.109%	$269K	$1.7M	50x	as long as short