Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0047%/8h= −5.1% APRpaid last 24h −0.023%

Price spread now: Orderly against Aevo+0.080%7-day average — · you sell dearer than you buy

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

Long on Aevo Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 5 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

The price spread pays, funding is against you. Orderly is 0.080% dearer against Aevo than usual: you sell high and buy low (spread +0.080% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5.7 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo WLD-PERP	0.4648	0.0104	pay 0.0013% / 1h	29m 13s	$32K	$600	3x
Short	Orderly PERP_WLD_USDC	0.4652	0.0057	get 0.0057% / 8h	6h 29m	$28K	$897K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against Aevo. 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 AevobpFee OrderlybpOrdersPrice spread, now +0.080%Rate

Funding earned: −$9.84
Price spread: +0.080% → 0.000%: $8
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$23.84
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: Aevo: no order-book sample; Orderly: 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 Aevo no order-book sample	—	—	—	—	—
Sell Orderly no order-book sample	—	—	—	—	—

Aevo and Orderly: 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 37 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
Injective WLD/USDC PERP	−0.0235%	1h	0.4615	−0.716%	$6K	$185K	5.5x	as long as short
Kalshi KXWLDPERP	−0.0157%	8h	0.4669	+0.446%	$38K	$4.4M	1.7x	as long as short
KuCoin WLDUSDTM	−0.0049%	8h	0.4657	+0.188%	$7.0M	$11.5M	50x	as long as short
Nado WLD-PERP	−0.0011%	1h	0.4654	+0.118%	$270K	$178K	5x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4665	+0.353%	$159K	$19K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4652	+0.080%	$129K	$895K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4655	+0.141%	$56K	—	150x	as long as short
Gate WLD_USDT	+0.0035%	8h	0.4655	+0.145%	$7.3M	$37.5M	75x	as long as short
ApeX Omni WLDUSDT	+0.0040%	1h	0.4647	−0.028%	$51K	$237K	50x	as long as short
Orderly PERP_WLD_USDCshort	+0.0057%	8h	0.4652	+0.080%	$28K	$897K	10x

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phoenix WLD	+0.0068%	1h	0.4648	−0.008%	$5K	$54K	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4657	+0.184%	$178K	$1.0M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4664	+0.340%	$56K	$506K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4658	+0.206%	$88.4M	$323.3M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4656	+0.166%	$66.5M	$86.8M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4660	+0.252%	$35.1M	$151.9M	50x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4658	+0.209%	$47.0M	$55.6M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4646	−0.049%	$30.9M	$29.0M	75x	as long as short
BingX WLD-USDC	+0.0100%	8h	0.4656	+0.166%	—	$1.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4665	+0.353%	$137K	$293K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4652	+0.075%	$2.1M	$1.7M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4647	−0.021%	$28K	$319K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4634	−0.306%	$608K	$1.9M	10x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4662	+0.287%	$50K	$2.0M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4653	+0.102%	$23K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4649	+0.015%	$223	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4653	+0.102%	$881K	$1.9M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4653	+0.102%	$1.9M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4647	−0.038%	$214K	$885K	10x	as long as short
Aevo WLD-PERPlong	+0.0104%	1h	0.4648	long leg	$32K	$600	3x
Reya WLDRUSDPERP	+0.0134%	1h	0.4652	+0.086%	—	—	20x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0230% / S −0.1268%	1h	0.4656	+0.170%	$5K	—	100x	as long as short
01 Exchange WLDUSD	+0.0256%	1h	0.4670	+0.469%	$334	$77	5x	as long as short
Coinbase International WLD-PERP-INTX	+0.0456%	1h	0.4665	+0.360%	$277K	$1.7M	50x	as long as short
Hyperliquid WLD	+0.0585%	1h	0.4666	+0.381%	$52.1M	$44.1M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.0643%	1h	0.4652	+0.088%	$909K	$2.8M	50x	as long as short
Lighter WLD	+0.0856%	1h	0.4664	+0.336%	$5.3M	$2.1M	10x	as long as short