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−0.0106%/8h= −11.6% APRnext payment $1.06 per $10,000 · paid last 24h −0.001%
Price spread now: Orderly against Bybit−0.174%7-day average +0.034% · 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−0.033%−$3 on $10k
Price spread, last 3 days (all we have)+0.445%+$44 · spread now −0.174%, 7d avg +0.034%
Together, before fees+0.411%+$41 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 0.208% cheaper against Bybit than usual: you would sell low and buy high (−$21 if the spread goes back to its 7-day average of +0.034%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit WLDUSDT0.45960.0100pay 0.0100% / 8h1h 43m$65.6M$80.8M50x
ShortOrderly PERP_WLD_USDC0.4588−0.0006pay 0.0006% / 8h1h 43m$28K$914K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly against Bybit. 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
−$22.3
Price spread: −0.174% → +0.034%
−$20.78
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$60.09
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Bybit: live order book, 1 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 Bybit live order book, 1 min ago1.09 bp7.3 bp −$714.2 bp −$14295.5 bp −$9,555doesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kalshi KXWLDPERP−0.0410%8h0.4594−0.044%$47K$3.8M1.7xas long as short
Injective WLD/USDC PERP−0.0079%1h0.4522−1.610%$6K$185K5.5xas long as short
Orderly PERP_WLD_USDCshort−0.0006%8h0.4588−0.174%$28K$914K10x
dYdX WLD-USD0.0000%1h0.4597+0.012%$157K$6K10xas long as short
Deribit WLD_USDC-PERPETUAL0.0000%1h0.4590−0.131%$107K$906K25xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4590−0.121%$57K150xas long as short
KuCoin WLDUSDTM+0.0004%8h0.4597+0.022%$7.0M$10.7M50xas long as short
Variational Omni WLD+0.0051%8h0.4581−0.325%$2.1M$1.6Mas long as short
Nado WLD-PERP+0.0069%1h0.4590−0.120%$276K$169K5xas long as short
Aster WLDUSDT+0.0100%8h0.4597+0.032%$216K$974K50xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica WLD+0.0100%1h0.4594−0.034%$52K$480K5xas long as short
Binance WLDUSDT+0.0100%8h0.4598+0.038%$86.9M$294.6M75xas long as short
Bybit WLDUSDTlong+0.0100%8h0.4596long leg$65.6M$80.8M50x
OKX WLD-USDT-SWAP+0.0100%8h0.4597+0.022%$34.5M$140.6M50xas long as short
Gate WLD_USDT+0.0100%8h0.4598+0.044%$7.5M$34.9M75xas long as short
MEXC WLD_USDT+0.0100%8h0.4598+0.044%$49.4M$51.0M300xas long as short
Bitget WLDUSDT+0.0100%8h0.4598+0.044%$30.3M$25.3M75xas long as short
BingX WLD-USDT+0.0100%8h0.4598+0.044%$67.9Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4597+0.026%$128K$269K10xas long as short
edgeX WLDUSDC+0.0100%4h0.4593−0.072%$27K$317K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4594−0.044%$626K$1.9M10xas long as short
ApeX Omni WLDUSDT+0.0100%1h0.4597+0.022%$55K$227K50xas long as short
Polymarket Perps WLD-USD+0.0100%1h0.4591−0.100%$47K$1.7M10xas long as short
SunX WLD-USDT+0.0100%8h0.4594−0.044%$23K$1.5M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4594−0.044%$200$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.45960.000%$867K$1.8M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4594−0.044%$1.8M$3.8M50xas long as short
Extended WLD-USD+0.0104%1h0.4596+0.005%$241K$855K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4592−0.097%$31K$5K3xas long as short
Phoenix WLD+0.0124%1h0.4577−0.418%$5K$53K10xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4589−0.155%20xas long as short
Kraken Futures PF_WLDUSD+0.0185%1h0.4601+0.116%$923K$2.6M50xas long as short
BloFin WLD-USDT+0.0220%8h0.4599+0.065%$4.8M$820K75xas long as short
01 Exchange WLDUSD+0.0256%1h0.4594−0.048%$329$775xas long as short
GMX WLD/USD [ETH-USDC]L +0.0260% / S −0.2221%1h0.4589−0.159%$9K100xas long as short
Coinbase International WLD-PERP-INTX+0.0424%1h0.4602+0.131%$275K$1.6M50xas long as short
Lighter WLD+0.0904%1h0.4606+0.218%$5.2M$2.1M10xas long as short
Hyperliquid WLD+0.1188%1h0.4607+0.228%$50.2M$43.1M10xas long as short