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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance WLDUSDT | 0.4571 | 0.0100 | pay 0.0100% / 8h | 1h 12m | $86.4M | $297.0M | 75x |
| Short | Orderly PERP_WLD_USDC | 0.4569 | 0.0006 | get 0.0006% / 8h | 1h 12m | $28K | $912K | 10x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 16 min ago | 1.09 bp | 7.9 bp −$8 | 14.0 bp −$140 | 54.8 bp −$5,477 | 203.8 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kalshi KXWLDPERP | −0.0299% | 8h | 0.4568 | −0.065% | $61K | $3.8M | 1.7x | as long as short |
| Injective WLD/USDC PERP | −0.0079% | 1h | 0.4578 | +0.154% | $6K | $185K | 5.5x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4569 | −0.035% | $163K | $13K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4566 | −0.109% | $107K | $900K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4571 | +0.004% | $57K | — | 150x | as long as short |
| Orderly PERP_WLD_USDCshort | +0.0006% | 8h | 0.4569 | −0.043% | $28K | $912K | 10x | |
| KuCoin WLDUSDTM | +0.0007% | 8h | 0.4567 | −0.087% | $7.0M | $10.8M | 50x | as long as short |
| Nado WLD-PERP | +0.0048% | 1h | 0.4569 | −0.043% | $275K | $169K | 5x | as long as short |
| Variational Omni WLD | +0.0094% | 8h | 0.4568 | −0.066% | $2.1M | $1.6M | — | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4571 | −0.001% | $194K | $999K | 50x | as long as short |
Show all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica WLD | +0.0100% | 1h | 0.4571 | +0.009% | $53K | $481K | 5x | as long as short |
| Binance WLDUSDTlong | +0.0100% | 8h | 0.4571 | long leg | $86.4M | $297.0M | 75x | |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4570 | −0.021% | $65.4M | $82.0M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4570 | −0.021% | $34.2M | $141.1M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4569 | −0.043% | $7.4M | $35.4M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4570 | −0.021% | $49.1M | $52.1M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4571 | +0.001% | $30.2M | $25.6M | 75x | as long as short |
| BingX WLD-USDC | +0.0100% | 8h | 0.4570 | −0.021% | — | $1.3M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4569 | −0.045% | $129K | $269K | 10x | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4570 | −0.027% | $27K | $317K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4569 | −0.050% | $614K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4567 | −0.087% | $55K | $227K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4572 | +0.023% | $41K | $1.6M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4570 | −0.021% | $23K | $1.5M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4566 | −0.109% | $201 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4564 | −0.152% | $862K | $1.8M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4567 | −0.087% | $1.8M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4568 | −0.074% | $240K | $855K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4567 | −0.087% | $31K | $5K | 3x | as long as short |
| Phoenix WLD | +0.0124% | 1h | 0.4576 | +0.117% | $5K | $53K | 10x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4569 | −0.035% | — | — | 20x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0187% | 1h | 0.4570 | −0.031% | $910K | $2.6M | 50x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4564 | −0.152% | $4.9M | $811K | 75x | as long as short |
| 01 Exchange WLDUSD | +0.0248% | 1h | 0.4573 | +0.049% | $327 | $77 | 5x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0260% / S −0.2221% | 1h | 0.4570 | −0.014% | $9K | — | 100x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0424% | 1h | 0.4580 | +0.198% | $270K | $1.6M | 50x | as long as short |
| Hyperliquid WLD | +0.0697% | 1h | 0.4575 | +0.088% | $49.7M | $43.2M | 10x | as long as short |
| Lighter WLD | +0.1000% | 1h | 0.4581 | +0.224% | $5.2M | $2.1M | 10x | as long as short |
Binance WLDUSDT
Kalshi KXWLDPERP
Injective WLD/USDC PERP
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
KuCoin WLDUSDTM
Variational Omni WLD
Aster WLDUSDT
Pacifica WLD
Bybit WLDUSDT
OKX WLD-USDT-SWAP
Gate WLD_USDT
MEXC WLD_USDT
Bitget WLDUSDT
BingX WLD-USDC
Backpack WLD_USDC_PERP
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
Kraken Futures PF_WLDUSD
BloFin WLD-USDT
01 Exchange WLDUSD
GMX WLD/USD [ETH-USDC]
Coinbase International WLD-PERP-INTX
Hyperliquid WLD
Lighter WLD