Funding you earn now, next payment 00:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.004%
Price spread now: Extended against Backpack+0.206%7-day average −0.077% · you sell dearer than you buy
Net, funding: paid 7d − costs+$7as in the Funding arb table
Net, price: spread back to 7d avg − costs+$2as in the Price arb table
costs, in and out, $10k−$260.259% of the position
Funding, last 7 days+0.330%+$33 on $10k
+Price spread, last 4 days (all we have)−0.174%−$17 · spread now +0.206%, 7d avg −0.077%
=Together, before fees+0.156%+ Points / potential airdropExtended: Active · farm board+$16 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: Extended is 0.283% dearer against Backpack than usual: you sell high and buy low, +$28 on $10k if it goes back to its 7-day average of −0.077%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack WLD_USDC_PERP | 0.4579 | 0.0100 | pay 0.0013% / 1h | 11m 53s | $136K | $284K | 10x |
| Short | Extended WLD-USD | 0.4589 | 0.0104 | get 0.0013% / 1h | 11m 53s | $233K | $845K | 10x |
Backpack WLD_USDC_PERP
Extended WLD-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $0.84
- Price spread: +0.206% → −0.077%
- $28.27
- Slippage, 4 orders
- −$10.9
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $3.21
- Costs to cover
- 0.259%
- Break-even
- from the start
Slippage from Backpack: live order book, 1 min ago; Extended: live order book, 1 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, 1 min ago | 1.86 bp | 8.1 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 1 min ago | 2.18 bp | 4.7 bp −$5 | 11.9 bp −$119 | doesn't fit | 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 | −0.0188% | 8h | 0.4577 | −0.048% | $65K | $3.9M | 1.7x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4576 | −0.062% | $163K | $13K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4575 | −0.092% | $123K | $896K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4575 | −0.088% | $56K | — | 150x | as long as short |
| KuCoin WLDUSDTM | +0.0009% | 8h | 0.4585 | +0.127% | $7.0M | $11.0M | 50x | as long as short |
| Orderly PERP_WLD_USDC | +0.0034% | 8h | 0.4574 | −0.114% | $28K | $907K | 10x | as long as short |
| Nado WLD-PERP | +0.0035% | 1h | 0.4573 | −0.124% | $275K | $169K | 5x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4590 | +0.242% | $192K | $1.0M | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4577 | −0.057% | $53K | $483K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4581 | +0.034% | $86.3M | $303.5M | 75x | as long as short |
Kalshi KXWLDPERP
dYdX WLD-USD
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
KuCoin WLDUSDTM
Orderly PERP_WLD_USDC
Nado WLD-PERP
Aster WLDUSDT
Pacifica WLD
Binance WLDUSDTShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit WLDUSDT | +0.0100% | 8h | 0.4580 | +0.017% | $65.7M | $82.8M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4578 | −0.026% | $34.2M | $143.5M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4581 | +0.039% | $7.5M | $35.9M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4584 | +0.105% | $45.8M | $53.3M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4578 | −0.026% | $30.2M | $26.0M | 75x | as long as short |
| BingX WLD-USDC | +0.0100% | 8h | 0.4580 | +0.017% | — | $1.3M | — | as long as short |
| Backpack WLD_USDC_PERPlong | +0.0100% | 1h | 0.4579 | long leg | $136K | $284K | 10x | |
| Variational Omni WLD | +0.0100% | 8h | 0.4575 | −0.095% | $2.0M | $1.7M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4588 | +0.201% | $27K | $318K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4571 | −0.184% | $604K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4601 | +0.476% | $55K | $228K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4578 | −0.035% | $48K | $1.6M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4583 | +0.083% | $23K | $1.5M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4573 | −0.135% | $210 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4577 | −0.048% | $852K | $1.8M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4571 | −0.179% | $1.8M | $3.7M | 50x | as long as short |
| Extended WLD-USDshort | +0.0104% | 1h | 0.4589 | +0.206% | $233K | $845K | 10x | |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4575 | −0.083% | $31K | $5K | 3x | as long as short |
| Phoenix WLD | +0.0104% | 1h | 0.4602 | +0.507% | $5K | $53K | 10x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4575 | −0.095% | — | — | 20x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4585 | +0.127% | $4.8M | $821K | 75x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0229% / S −0.1268% | 1h | 0.4576 | −0.080% | $5K | — | 100x | as long as short |
| 01 Exchange WLDUSD | +0.0248% | 1h | 0.4579 | −0.011% | $328 | $77 | 5x | as long as short |
| Injective WLD/USDC PERP | +0.0373% | 1h | 0.4585 | +0.127% | $6K | $185K | 5.5x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0440% | 1h | 0.4588 | +0.192% | $272K | $1.6M | 50x | as long as short |
| Hyperliquid WLD | +0.0459% | 1h | 0.4588 | +0.199% | $50.9M | $43.8M | 10x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0719% | 1h | 0.4576 | −0.072% | $901K | $2.7M | 50x | as long as short |
| Lighter WLD | +0.1304% | 1h | 0.4584 | +0.114% | $5.2M | $2.0M | 10x | as long as short |
Bybit WLDUSDT
OKX WLD-USDT-SWAP
Gate WLD_USDT
MEXC WLD_USDT
Bitget WLDUSDT
BingX WLD-USDC
Variational Omni WLD
edgeX WLDUSDC
GRVT WLD_USDT_Perp
ApeX Omni WLDUSDT
Polymarket Perps WLD-USD
SunX WLD-USDT
SoDEX WLD-USD
HTX WLD-USDT
Phemex WLDUSDT
Aevo WLD-PERP
Phoenix WLD
Reya WLDRUSDPERP
BloFin WLD-USDT
GMX WLD/USD [ETH-USDC]
01 Exchange WLDUSD
Injective WLD/USDC PERP
Coinbase International WLD-PERP-INTX
Hyperliquid WLD
Kraken Futures PF_WLDUSD
Lighter WLD