Settings8H · net · $10k
Funding arb · Price arb /

WLD

all WLD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0094%/8h= −10.3% APRnext payment $0.94 per $10,000 · paid last 24h −0.009%
Price spread now: Orderly against Binance−0.043%7-day average +0.010% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.026%−$3 on $10k
Price spread, last 3 days (all we have)+0.317%+$32 · spread now −0.043%, 7d avg +0.010%
Together, before fees+0.291%+$29 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Orderly is 0.053% cheaper against Binance than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.010%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance WLDUSDT0.45710.0100pay 0.0100% / 8h1h 12m$86.4M$297.0M75x
ShortOrderly PERP_WLD_USDC0.45690.0006get 0.0006% / 8h1h 12m$28K$912K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly against Binance. 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

Funding earned
−$19.81
Price spread: −0.043% → +0.010%
−$5.32
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$41.13
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 16 min ago; 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
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 16 min ago1.09 bp7.9 bp −$814.0 bp −$14054.8 bp −$5,477203.8 bp −$101.9K
Sell Orderly no order-book sample
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 38 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kalshi KXWLDPERP−0.0299%8h0.4568−0.065%$61K$3.8M1.7xas long as short
Injective WLD/USDC PERP−0.0079%1h0.4578+0.154%$6K$185K5.5xas long as short
dYdX WLD-USD0.0000%1h0.4569−0.035%$163K$13K10xas long as short
Deribit WLD_USDC-PERPETUAL0.0000%1h0.4566−0.109%$107K$900K25xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4571+0.004%$57K150xas long as short
Orderly PERP_WLD_USDCshort+0.0006%8h0.4569−0.043%$28K$912K10x
KuCoin WLDUSDTM+0.0007%8h0.4567−0.087%$7.0M$10.8M50xas long as short
Nado WLD-PERP+0.0048%1h0.4569−0.043%$275K$169K5xas long as short
Variational Omni WLD+0.0094%8h0.4568−0.066%$2.1M$1.6Mas long as short
Aster WLDUSDT+0.0100%8h0.4571−0.001%$194K$999K50xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica WLD+0.0100%1h0.4571+0.009%$53K$481K5xas long as short
Binance WLDUSDTlong+0.0100%8h0.4571long leg$86.4M$297.0M75x
Bybit WLDUSDT+0.0100%8h0.4570−0.021%$65.4M$82.0M50xas long as short
OKX WLD-USDT-SWAP+0.0100%8h0.4570−0.021%$34.2M$141.1M50xas long as short
Gate WLD_USDT+0.0100%8h0.4569−0.043%$7.4M$35.4M75xas long as short
MEXC WLD_USDT+0.0100%8h0.4570−0.021%$49.1M$52.1M300xas long as short
Bitget WLDUSDT+0.0100%8h0.4571+0.001%$30.2M$25.6M75xas long as short
BingX WLD-USDC+0.0100%8h0.4570−0.021%$1.3Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4569−0.045%$129K$269K10xas long as short
edgeX WLDUSDC+0.0100%4h0.4570−0.027%$27K$317K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4569−0.050%$614K$1.9M10xas long as short
ApeX Omni WLDUSDT+0.0100%1h0.4567−0.087%$55K$227K50xas long as short
Polymarket Perps WLD-USD+0.0100%1h0.4572+0.023%$41K$1.6M10xas long as short
SunX WLD-USDT+0.0100%8h0.4570−0.021%$23K$1.5M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4566−0.109%$201$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4564−0.152%$862K$1.8M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4567−0.087%$1.8M$3.7M50xas long as short
Extended WLD-USD+0.0104%1h0.4568−0.074%$240K$855K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4567−0.087%$31K$5K3xas long as short
Phoenix WLD+0.0124%1h0.4576+0.117%$5K$53K10xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4569−0.035%20xas long as short
Kraken Futures PF_WLDUSD+0.0187%1h0.4570−0.031%$910K$2.6M50xas long as short
BloFin WLD-USDT+0.0220%8h0.4564−0.152%$4.9M$811K75xas long as short
01 Exchange WLDUSD+0.0248%1h0.4573+0.049%$327$775xas long as short
GMX WLD/USD [ETH-USDC]L +0.0260% / S −0.2221%1h0.4570−0.014%$9K100xas long as short
Coinbase International WLD-PERP-INTX+0.0424%1h0.4580+0.198%$270K$1.6M50xas long as short
Hyperliquid WLD+0.0697%1h0.4575+0.088%$49.7M$43.2M10xas long as short
Lighter WLD+0.1000%1h0.4581+0.224%$5.2M$2.1M10xas long as short