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 +0.022%

Price spread now: Bitget against Variational Omni+0.070%7-day average +0.004% · you sell dearer than you buy

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

Long on Variational Omni Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.016%+$2 on $10k

Price spread, last 7 days−0.046%−$5 · spread now +0.070%, 7d avg +0.004%

Together, before fees−0.030%+ Points / potential airdropVariational Omni: Active · farm board−$3 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 0.065% dearer against Variational Omni than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.004%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni WLD	0.4717	0.0100	pay 0.0100% / 8h	7h 11m	$2.1M	$1.7M	—
Short	Bitget WLDUSDT	0.4720	0.0100	get 0.0100% / 8h	7h 11m	$31.6M	$27.3M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Variational Omni. 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 Variational OmnibpFee BitgetbpOrdersPrice spread, now +0.070%Rate

Funding earned: $0
Price spread: +0.070% → +0.004%: $6.53
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$5.47
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Variational Omni: RFQ quote, 3 min ago; Bitget: live order book, 3 min ago. 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 Variational Omni RFQ quote, 3 min ago	5.24 bp	doesn't fit	15.7 bp −$157	doesn't fit	doesn't fit
Sell Bitget live order book, 3 min ago	3.16 bp	12.9 bp −$13	24.5 bp −$245	64.1 bp −$6,407	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	−0.0159%	8h	0.4726	+0.197%	$22K	$4.0M	1.7x	as long as short
Nado WLD-PERP	−0.0026%	1h	0.4723	+0.123%	$274K	$178K	5x	as long as short
KuCoin WLDUSDTM	−0.0011%	8h	0.4716	−0.015%	$7.1M	$11.1M	50x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4725	+0.169%	$169K	$12K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4716	−0.015%	$135K	$863K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4718	+0.027%	$56K	—	150x	as long as short
Injective WLD/USDC PERP	+0.0038%	1h	0.4744	+0.578%	$6K	$185K	5.5x	as long as short
Phemex WLDUSDT	+0.0039%	8h	0.4714	−0.058%	$1.9M	$3.7M	50x	as long as short
Orderly PERP_WLD_USDC	+0.0050%	8h	0.4715	−0.037%	$29K	$900K	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4727	+0.210%	$211K	$983K	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	0.4727	+0.213%	$55K	$482K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4718	+0.027%	$90.3M	$310.5M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4720	+0.070%	$68.3M	$83.5M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4720	+0.070%	$35.8M	$149.7M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4718	+0.027%	$7.6M	$36.5M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4720	+0.070%	$49.4M	$54.9M	300x	as long as short
Bitget WLDUSDTshort	+0.0100%	8h	0.4720	+0.070%	$31.6M	$27.3M	75x
BingX WLD-USDC	+0.0100%	8h	0.4720	+0.070%	—	$1.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4719	+0.057%	$140K	$277K	10x	as long as short
Variational Omni WLDlong	+0.0100%	8h	0.4717	long leg	$2.1M	$1.7M	—
edgeX WLDUSDC	+0.0100%	4h	0.4762	+0.969%	$28K	$318K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4749	+0.692%	$627K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4768	+1.087%	$58K	$232K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4725	+0.176%	$49K	$1.7M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4721	+0.091%	$23K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4717	+0.006%	$225	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4719	+0.048%	$898K	$1.9M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4714	−0.048%	$218K	$894K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4718	+0.020%	$32K	$600	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4721	+0.086%	—	—	20x	as long as short
Phoenix WLD	+0.0157%	1h	0.4749	+0.693%	$5K	$53K	10x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4720	+0.070%	$5.0M	$877K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0239% / S −0.1538%	1h	0.4718	+0.016%	$6K	—	100x	as long as short
01 Exchange WLDUSD	+0.0248%	1h	0.4727	+0.209%	$338	$77	5x	as long as short
Kraken Futures PF_WLDUSD	+0.0319%	1h	0.4721	+0.090%	$935K	$2.7M	50x	as long as short
Coinbase International WLD-PERP-INTX	+0.0448%	1h	0.4731	+0.303%	$278K	$1.7M	50x	as long as short
Hyperliquid WLD	+0.0875%	1h	0.4732	+0.322%	$53.1M	$44.1M	10x	as long as short
Lighter WLD	+0.1016%	1h	0.4730	+0.284%	$5.3M	$2.0M	10x	as long as short