WLD arbitrage explained
Right now Worldcoin (WLD) trades on 11 venues we scan: 11 perpetual markets, 7 spot markets and 0 DEX pools. The lowest ask is on Bybit perp at $0.5225 and the highest bid on Aster perp at $0.5236.
The widest WLD perpetual spread is between Bybit and Aster: long WLD on Bybit at $0.5225 and short on Aster at $0.5236 for +0.21% gross, or +0.05% after the 0.16% two-leg fee model. No transfer is needed: both positions stay on their exchanges until the prices converge. The funding difference on this pair is +0.117% per day, which the position collects while it is open.
For a spot–perpetual (cash-and-carry) trade, the best WLD route is to buy spot on Bybit and short the perpetual on Aster: +0.10% gross, -0.10% net, with +0.030% a day of funding on the short leg.
Spot–spot WLD arbitrage (buy on Bybit, withdraw, deposit and sell on Bitget) shows +0.02% gross right now. It only works if withdrawals on the buying exchange and deposits on the selling exchange are open, so check the D/W dots before moving coins.
Small WLD gaps usually disappear after fees, slippage and funding. Look at the Net column, the executable Depth and the spread history before trading: a gap that has been open for days is a different trade from a one-minute spike.
Related: WLD funding rates · WLD spread charts · Worldcoin price · arbitrage scanner for all coins.