Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.004%
Price spread now: edgeX against Backpack+0.388%7-day average −0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costs+$9as in the Price arb table
costs, in and out, $10k−$340.336% of the position
Funding, last 7 days+0.033%+$3 on $10k
+Price spread, last 4 days (all we have)+0.698%+$70 · spread now +0.388%, 7d avg −0.042%
=Together, before fees+0.730%+ Points / potential airdropedgeX: Active · farm board+$73 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: edgeX is 0.430% dearer against Backpack than usual: you sell high and buy low, +$43 on $10k if it goes back to its 7-day average of −0.042%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack WLD_USDC_PERP | 0.4642 | 0.0100 | pay 0.0013% / 1h | 9m 20s | $139K | $296K | 10x |
| Short | edgeX WLDUSDC | 0.4660 | 0.0100 | get 0.0050% / 4h | 2h 09m | $28K | $317K | 20x |
Backpack WLD_USDC_PERP
edgeX WLDUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Backpack. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: +0.388% → −0.042%
- $42.95
- Slippage, 4 orders
- −$14.64
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $9.31
- Costs to cover
- 0.336%
- Break-even
- from the start
Slippage from Backpack: live order book, 59 min ago; edgeX: live order book, 59 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 Backpack live order book, 59 min ago | 0.42 bp | 7.7 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 59 min ago | 4.22 bp | 8.9 bp −$9 | 16.4 bp −$164 | doesn't fit | doesn't fit |
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 | 0.4666 | +0.528% | $6K | $185K | 5.5x | as long as short |
| Kalshi KXWLDPERP | −0.0143% | 8h | 0.4640 | −0.032% | $70K | $4.5M | 1.7x | as long as short |
| KuCoin WLDUSDTM | −0.0044% | 8h | 0.4639 | −0.054% | $7.1M | $11.6M | 50x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4642 | +0.012% | $165K | $26K | 10x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4649 | +0.158% | $56K | — | 150x | as long as short |
| Nado WLD-PERP | +0.0010% | 1h | 0.4641 | −0.011% | $269K | $189K | 5x | as long as short |
| Orderly PERP_WLD_USDC | +0.0064% | 8h | 0.4651 | +0.205% | $28K | $895K | 10x | as long as short |
| Gate WLD_USDT | +0.0068% | 8h | 0.4645 | +0.075% | $7.3M | $38.0M | 75x | as long as short |
| Phoenix WLD | +0.0068% | 1h | 0.4663 | +0.459% | $5K | $54K | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4644 | +0.062% | $178K | $1.0M | 50x | as long as short |
Injective WLD/USDC PERP
Kalshi KXWLDPERP
KuCoin WLDUSDTM
dYdX WLD-USD
gTrade (Gains Network) WLD/USD
Nado WLD-PERP
Orderly PERP_WLD_USDC
Gate WLD_USDT
Phoenix WLD
Aster WLDUSDTShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica WLD | +0.0100% | 1h | 0.4642 | +0.011% | $51K | $513K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4648 | +0.148% | $88.4M | $326.7M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4648 | +0.140% | $66.2M | $88.1M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4651 | +0.205% | $35.0M | $152.2M | 50x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4643 | +0.032% | $45.8M | $56.2M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4651 | +0.205% | $30.9M | $29.6M | 75x | as long as short |
| BingX WLD-USDT | +0.0100% | 8h | 0.4648 | +0.140% | — | $67.6M | — | as long as short |
| Backpack WLD_USDC_PERPlong | +0.0100% | 1h | 0.4642 | long leg | $139K | $296K | 10x | |
| Variational Omni WLD | +0.0100% | 8h | 0.4659 | +0.370% | $2.1M | $1.7M | — | as long as short |
| edgeX WLDUSDCshort | +0.0100% | 4h | 0.4660 | +0.388% | $28K | $317K | 20x | |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4664 | +0.490% | $616K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4661 | +0.420% | $51K | $235K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4644 | +0.054% | $66K | $2.1M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4657 | +0.334% | $23K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4652 | +0.226% | $221 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4641 | −0.011% | $879K | $1.9M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4649 | +0.162% | $1.9M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4650 | +0.180% | $214K | $889K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4652 | +0.236% | $32K | $600 | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4643 | +0.026% | — | — | 20x | as long as short |
| Deribit WLD_USDC-PERPETUAL | +0.0180% | 1h | 0.4653 | +0.248% | $120K | $918K | 25x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0230% / S −0.1268% | 1h | 0.4648 | +0.149% | $5K | — | 100x | as long as short |
| 01 Exchange WLDUSD | +0.0280% | 1h | 0.4644 | +0.060% | $332 | $80 | 5x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0456% | 1h | 0.4650 | +0.183% | $274K | $1.8M | 50x | as long as short |
| Hyperliquid WLD | +0.0545% | 1h | 0.4648 | +0.134% | $51.7M | $43.3M | 10x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0643% | 1h | 0.4656 | +0.316% | $905K | $2.9M | 50x | as long as short |
| Lighter WLD | +0.0864% | 1h | 0.4658 | +0.366% | $5.3M | $2.1M | 10x | as long as short |
Pacifica WLD
Binance WLDUSDT
Bybit WLDUSDT
OKX WLD-USDT-SWAP
MEXC WLD_USDT
Bitget WLDUSDT
BingX WLD-USDT
Variational Omni WLD
GRVT WLD_USDT_Perp
ApeX Omni WLDUSDT
Polymarket Perps WLD-USD
SunX WLD-USDT
SoDEX WLD-USD
HTX WLD-USDT
Phemex WLDUSDT
Extended WLD-USD
Aevo WLD-PERP
Reya WLDRUSDPERP
Deribit WLD_USDC-PERPETUAL
GMX WLD/USD [ETH-USDC]
01 Exchange WLDUSD
Coinbase International WLD-PERP-INTX
Hyperliquid WLD
Kraken Futures PF_WLDUSD
Lighter WLD