WLD

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0097%/8h= −10.7% APRnext payment −$0.12 per $10,000 · paid last 24h −0.025%

Price spread now: gTrade (Gains Network) against Backpack+0.487%7-day average — · you sell dearer than you buy

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

Long on Backpack Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 3 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. gTrade (Gains Network) is 0.487% dearer against Backpack than usual: you sell high and buy low (spread +0.487% now, against zero (this spread has no 7-day history yet)): +$49 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 17 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Backpack WLD_USDC_PERP	0.4677	0.0100	pay 0.0013% / 1h	53m 24s	$140K	$282K	10x
Short	gTrade (Gains Network) WLD/USD	0.4700	L +0.0003% / S −0.0003%	get 0.0000% / 1h	53m 24s	$67K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Backpack. 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 BackpackbpFee gTrade (Gains Network)bpOrdersPrice spread, now +0.487%Rate

Funding earned: −$20.43
Price spread: +0.487% → 0.000%: $48.75
Slippage, 4 orders: no order book: not counted
Fee Backpack: 5 bp × 2 orders: −$10
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: $8.32
Costs to cover: 0.200%
Break-even: from the start

Slippage unknown: Backpack: live order book, 15 min ago; gTrade (Gains Network): 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 Backpack live order book, 15 min ago	0.42 bp	7.7 bp −$8	doesn't fit	doesn't fit	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): 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 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
ApeX Omni WLDUSDT	−0.2440%	1h	0.4679	+0.038%	$57K	$233K	50x	as long as short
Injective WLD/USDC PERP	−0.0235%	1h	0.4675	−0.047%	$6K	$185K	5.5x	as long as short
Kalshi KXWLDPERP	−0.0158%	8h	0.4665	−0.261%	$29K	$4.2M	1.7x	as long as short
KuCoin WLDUSDTM	−0.0022%	8h	0.4697	+0.423%	$7.1M	$11.3M	50x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4682	+0.097%	$160K	$19K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4659	−0.389%	$131K	$909K	25x	as long as short
gTrade (Gains Network) WLD/USDshort	L +0.0003% / S −0.0003%	1h	0.4700	+0.487%	$67K	—	150x
Nado WLD-PERP	+0.0019%	1h	0.4697	+0.434%	$273K	$178K	5x	as long as short
Orderly PERP_WLD_USDC	+0.0053%	8h	0.4704	+0.573%	$29K	$899K	10x	as long as short
Phoenix WLD	+0.0068%	1h	0.4667	−0.207%	$5K	$54K	10x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster WLDUSDT	+0.0100%	8h	0.4688	+0.232%	$213K	$1.0M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4682	+0.097%	$55K	$487K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4700	+0.493%	$89.8M	$317.6M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4700	+0.487%	$67.6M	$85.3M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4702	+0.530%	$35.4M	$151.8M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4700	+0.487%	$7.5M	$36.5M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4701	+0.509%	$47.8M	$54.4M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4699	+0.466%	$31.2M	$28.2M	75x	as long as short
BingX WLD-USDT	+0.0100%	8h	0.4699	+0.466%	—	$67.5M	—	as long as short
Backpack WLD_USDC_PERPlong	+0.0100%	1h	0.4677	long leg	$140K	$282K	10x
Variational Omni WLD	+0.0100%	8h	0.4647	−0.650%	$2.1M	$1.7M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4676	−0.022%	$28K	$316K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4661	−0.346%	$617K	$1.9M	10x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4701	+0.502%	$68K	$1.9M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4680	+0.060%	$23K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4674	−0.068%	$226	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4673	−0.090%	$885K	$1.9M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4674	−0.068%	$1.9M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4692	+0.325%	$216K	$880K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4666	−0.232%	$32K	$600	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4698	+0.451%	—	—	20x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4664	−0.282%	$5.1M	$869K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0239% / S −0.1538%	1h	0.4699	+0.477%	$6K	—	100x	as long as short
01 Exchange WLDUSD	+0.0280%	1h	0.4702	+0.528%	$336	$77	5x	as long as short
Coinbase International WLD-PERP-INTX	+0.0456%	1h	0.4681	+0.081%	$274K	$1.7M	50x	as long as short
Kraken Futures PF_WLDUSD	+0.0640%	1h	0.4678	+0.025%	$913K	$2.8M	50x	as long as short
Hyperliquid WLD	+0.0664%	1h	0.4704	+0.584%	$52.6M	$44.4M	10x	as long as short
Lighter WLD	+0.0672%	1h	0.4689	+0.244%	$5.3M	$2.1M	10x	as long as short