Funding you earn now, next payment 00:00 UTC−0.0112%/8h= −12.3% APRnext payment −$1.12 per $10,000 · paid last 24h −0.021%
Price spread now: Orderly against Bitget+0.022%7-day average +0.050% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.115%−$11 on $10k
+Price spread, last 3 days (all we have)+0.443%+$44 · spread now +0.022%, 7d avg +0.050%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Orderly is 0.029% cheaper against Bitget than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.050%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget WLDUSDT | 0.4557 | 0.0100 | pay 0.0100% / 8h | 1h 55m | $30.2M | $25.1M | 75x |
| Short | Orderly PERP_WLD_USDC | 0.4558 | −0.0012 | pay 0.0012% / 8h | 1h 55m | $28K | $915K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against Bitget. 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
- −$23.62
- Price spread: +0.022% → +0.050%
- −$2.85
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$44.47
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Bitget: live order book, 4 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 Bitget live order book, 4 min ago | 1.11 bp | 11.9 bp −$12 | 24.4 bp −$244 | 74.1 bp −$7,410 | doesn't fit |
| 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 | −0.0468% | 8h | 0.4551 | −0.132% | $45K | $3.8M | 1.7x | as long as short |
| Injective WLD/USDC PERP | −0.0079% | 1h | 0.4522 | −0.768% | $6K | $185K | 5.5x | as long as short |
| Orderly PERP_WLD_USDCshort | −0.0012% | 8h | 0.4558 | +0.022% | $28K | $915K | 10x | |
| dYdX WLD-USD | 0.0000% | 1h | 0.4556 | −0.020% | $155K | $6K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4558 | +0.022% | $121K | $916K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4558 | +0.029% | $57K | — | 150x | as long as short |
| KuCoin WLDUSDTM | +0.0005% | 8h | 0.4556 | −0.022% | $7.0M | $10.7M | 50x | as long as short |
| Variational Omni WLD | +0.0035% | 8h | 0.4542 | −0.327% | $2.1M | $1.6M | — | as long as short |
| Nado WLD-PERP | +0.0049% | 1h | 0.4557 | 0.000% | $273K | $169K | 5x | as long as short |
| Phoenix WLD | +0.0052% | 1h | 0.4547 | −0.228% | $5K | $53K | 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 | 0.4556 | −0.027% | $213K | $976K | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4555 | −0.034% | $51K | $481K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4557 | 0.000% | $85.6M | $293.5M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4556 | −0.022% | $64.9M | $80.5M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4556 | −0.022% | $34.1M | $139.1M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4558 | +0.022% | $7.4M | $34.6M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4557 | 0.000% | $59.9M | $49.2M | 300x | as long as short |
| Bitget WLDUSDTlong | +0.0100% | 8h | 0.4557 | long leg | $30.2M | $25.1M | 75x | |
| BingX WLD-USDC | +0.0100% | 8h | 0.4557 | 0.000% | — | $1.3M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4558 | +0.031% | $129K | $270K | 10x | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4519 | −0.840% | $27K | $314K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4545 | −0.263% | $609K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4538 | −0.417% | $55K | $227K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4560 | +0.059% | $48K | $1.7M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4564 | +0.154% | $23K | $1.5M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4557 | 0.000% | $199 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4558 | +0.022% | $860K | $1.8M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4558 | +0.022% | $1.8M | $3.8M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4555 | −0.049% | $133K | $745K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4558 | +0.022% | $31K | $5K | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4557 | −0.007% | — | — | 20x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0187% | 1h | 0.4563 | +0.140% | $926K | $2.6M | 50x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4557 | 0.000% | $4.8M | $817K | 75x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0250% / S −0.2105% | 1h | 0.4557 | +0.002% | $9K | — | 100x | as long as short |
| 01 Exchange WLDUSD | +0.0256% | 1h | 0.4564 | +0.145% | $326 | $77 | 5x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0424% | 1h | 0.4531 | −0.571% | $277K | $1.6M | 50x | as long as short |
| Hyperliquid WLD | +0.0670% | 1h | 0.4564 | +0.158% | $47.7M | $41.9M | 10x | as long as short |
| Lighter WLD | +0.0760% | 1h | 0.4567 | +0.215% | $5.2M | $2.0M | 10x | as long as short |
Bitget WLDUSDT
Kalshi KXWLDPERP
Injective WLD/USDC PERP
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
KuCoin WLDUSDTM
Variational Omni WLD
Phoenix WLD
Aster WLDUSDT
Pacifica WLD
Binance WLDUSDT
Bybit WLDUSDT
OKX WLD-USDT-SWAP
Gate WLD_USDT
MEXC WLD_USDT
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
Kraken Futures PF_WLDUSD
BloFin WLD-USDT
GMX WLD/USD [ETH-USDC]
01 Exchange WLDUSD
Coinbase International WLD-PERP-INTX
Hyperliquid WLD
Lighter WLD