Funding you earn now, next payment 00:00 UTC+0.0180%/8h= +19.7% APRnext payment +$0.22 per $10,000 · paid last 24h −0.059%
Price spread now: 01 Exchange against Backpack+0.057%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and 01 Exchange is 0.057% dearer against Backpack than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack WLD_USDC_PERP | 0.4580 | 0.0100 | pay 0.0013% / 1h | 33m 50s | $129K | $272K | 10x |
| Short | 01 Exchange WLDUSD | 0.4583 | 0.0280 | get 0.0035% / 1h | 33m 50s | $328 | $77 | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
01 Exchange 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
- $37.8
- Price spread: +0.057% → 0.000%
- $5.68
- Slippage, 4 orders
- no order book: not counted
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- $26.48
- Costs to cover
- 0.170%
- Break-even
- 2.1 days
Slippage unknown: Backpack: live order book, 44 min ago; 01 Exchange: 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, 44 min ago | 0.33 bp | 8.2 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
| Sell 01 Exchange no order-book sample | — | — | — | — | — |
01 Exchange: 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 | |
|---|---|---|---|---|---|---|---|---|
| Kalshi KXWLDPERP | −0.0214% | 8h | 0.4580 | −0.004% | $63K | $3.9M | 1.7x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4583 | +0.059% | $164K | $13K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4579 | −0.026% | $111K | $883K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4580 | −0.008% | $57K | — | 150x | as long as short |
| KuCoin WLDUSDTM | +0.0017% | 8h | 0.4577 | −0.070% | $6.9M | $10.9M | 50x | as long as short |
| Orderly PERP_WLD_USDC | +0.0026% | 8h | 0.4578 | −0.048% | $28K | $909K | 10x | as long as short |
| Nado WLD-PERP | +0.0059% | 1h | 0.4580 | −0.004% | $276K | $169K | 5x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4581 | +0.010% | $189K | $1.0M | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4583 | +0.066% | $53K | $483K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4574 | −0.125% | $86.4M | $301.4M | 75x | as long as short |
Show all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit WLDUSDT | +0.0100% | 8h | 0.4574 | −0.135% | $65.5M | $82.7M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4574 | −0.135% | $34.1M | $142.6M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4577 | −0.070% | $7.4M | $35.6M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4575 | −0.114% | $45.9M | $52.6M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4575 | −0.114% | $30.2M | $25.8M | 75x | as long as short |
| BingX WLD-USDC | +0.0100% | 8h | 0.4578 | −0.048% | — | $1.3M | — | as long as short |
| Backpack WLD_USDC_PERPlong | +0.0100% | 1h | 0.4580 | long leg | $129K | $272K | 10x | |
| Variational Omni WLD | +0.0100% | 8h | 0.4579 | −0.027% | $2.1M | $1.6M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4583 | +0.061% | $27K | $316K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4584 | +0.077% | $618K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4583 | +0.061% | $55K | $228K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4580 | −0.002% | $45K | $1.6M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4586 | +0.127% | $23K | $1.5M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4578 | −0.048% | $213 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4575 | −0.114% | $852K | $1.8M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4579 | −0.026% | $1.8M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4576 | −0.087% | $234K | $845K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4580 | −0.007% | $31K | $5K | 3x | as long as short |
| Phoenix WLD | +0.0104% | 1h | 0.4590 | +0.214% | $5K | $53K | 10x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4577 | −0.070% | — | — | 20x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4577 | −0.070% | $4.9M | $823K | 75x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0229% / S −0.1268% | 1h | 0.4579 | −0.029% | $5K | — | 100x | as long as short |
| 01 Exchange WLDUSDshort | +0.0280% | 1h | 0.4583 | +0.057% | $328 | $77 | 5x | |
| Injective WLD/USDC PERP | +0.0373% | 1h | 0.4592 | +0.258% | $6K | $185K | 5.5x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0440% | 1h | 0.4585 | +0.105% | $271K | $1.6M | 50x | as long as short |
| Hyperliquid WLD | +0.0531% | 1h | 0.4581 | +0.017% | $49.7M | $43.0M | 10x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0718% | 1h | 0.4581 | +0.026% | $905K | $2.7M | 50x | as long as short |
| Lighter WLD | +0.1488% | 1h | 0.4590 | +0.214% | $5.2M | $2.0M | 10x | as long as short |
Backpack WLD_USDC_PERP
01 Exchange WLDUSD
Kalshi KXWLDPERP
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
KuCoin WLDUSDTM
Aster WLDUSDT
Pacifica WLD
Binance WLDUSDT
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
Extended WLD-USD
Phoenix WLD
BloFin WLD-USDT
GMX WLD/USD [ETH-USDC]
Injective WLD/USDC PERP
Coinbase International WLD-PERP-INTX
Hyperliquid WLD
Kraken Futures PF_WLDUSD
Lighter WLD