Funding you earn now, next payment 04:00 UTC−0.0018%/8h= −2.0% APRpaid last 24h −0.026%
Price spread now: Orderly against edgeX−0.222%71s7-day average +0.037% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.147%−$15 on $10k
+Price spread, last 4 days (all we have)+0.974%+$97 · spread now −0.222%, 7d avg +0.037%
=Together, before fees+0.827%+ Points / potential airdropedgeX: Active · farm board+$83 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Orderly is 0.259% cheaper against edgeX than usual: you would sell low and buy high (−$26 if the spread goes back to its 7-day average of +0.037%). Swap the legs. The two prices were read 71 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX WLDUSDC | 0.4585 | 0.0100 | pay 0.0050% / 4h | 51m 43s | $27K | $318K | 20x |
| Short | Orderly PERP_WLD_USDC | 0.4575 | 0.0082 | get 0.0082% / 8h | 4h 51m | $28K | $889K | 10x |
edgeX WLDUSDC
Orderly PERP_WLD_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against edgeX. 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
- −$3.86
- Price spread: −0.222% → +0.037%
- −$25.89
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$44.75
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: edgeX: live order book, 6 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 edgeX live order book, 6 min ago | 4.39 bp | 8.9 bp −$9 | 17.1 bp −$171 | doesn't fit | 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 | −0.0110% | 8h | 0.4586 | +0.018% | $58K | $4.6M | 1.7x | as long as short |
| Nado WLD-PERP | −0.0079% | 1h | 0.4577 | −0.167% | $243K | $205K | 5x | as long as short |
| KuCoin WLDUSDTM | −0.0031% | 8h | 0.4576 | −0.200% | $7.0M | $11.6M | 50x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4578 | −0.153% | $156K | $33K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4576 | −0.200% | $115K | $923K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4577 | −0.182% | $55K | — | 150x | as long as short |
| Injective WLD/USDC PERP | +0.0014% | 1h | 0.4558 | −0.593% | $6K | $185K | 5.5x | as long as short |
| 01 Exchange WLDUSD | +0.0024% | 1h | 0.4581 | −0.082% | $328 | $80 | 5x | as long as short |
| Orderly PERP_WLD_USDCshort | +0.0082% | 8h | 0.4575 | −0.222% | $28K | $889K | 10x | |
| Lighter WLD | +0.0096% | 1h | 0.4584 | −0.034% | $5.0M | $2.4M | 10x | as long as short |
Kalshi KXWLDPERP
Nado WLD-PERP
KuCoin WLDUSDTM
dYdX WLD-USD
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
Injective WLD/USDC PERP
01 Exchange WLDUSD
Lighter WLDShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster WLDUSDT | +0.0100% | 8h | 0.4582 | −0.065% | $190K | $1.1M | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4579 | −0.135% | $49K | $528K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4581 | −0.091% | $86.9M | $327.1M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4579 | −0.135% | $65.3M | $88.8M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4580 | −0.113% | $34.3M | $148.9M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4578 | −0.157% | $7.2M | $36.6M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4579 | −0.135% | $44.9M | $53.6M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4579 | −0.135% | $30.2M | $30.0M | 75x | as long as short |
| BingX WLD-USDC | +0.0100% | 8h | 0.4578 | −0.157% | — | $1.3M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4576 | −0.205% | $134K | $298K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4586 | +0.012% | $2.1M | $1.7M | — | as long as short |
| edgeX WLDUSDClong | +0.0100% | 4h | 0.4585 | long leg | $27K | $318K | 20x | |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4584 | −0.035% | $603K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4562 | −0.505% | $50K | $236K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4580 | −0.117% | $41K | $2.1M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4584 | −0.026% | $23K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4575 | −0.222% | $173 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4577 | −0.178% | $838K | $1.9M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4577 | −0.178% | $1.8M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4577 | −0.183% | $227K | $974K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4577 | −0.178% | $31K | $600 | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4579 | −0.140% | — | — | 20x | as long as short |
| Hyperliquid WLD | +0.0149% | 1h | 0.4583 | −0.045% | $50.3M | $43.2M | 10x | as long as short |
| Phoenix WLD | +0.0158% | 1h | 0.4594 | +0.186% | $5K | $52K | 10x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4587 | +0.040% | $5.0M | $848K | 75x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0229% / S −0.1268% | 1h | 0.4576 | −0.192% | $5K | — | 100x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0480% | 1h | 0.4576 | −0.195% | $885K | $2.8M | 50x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0496% | 1h | 0.4578 | −0.157% | $270K | $1.7M | 50x | as long as short |
Aster WLDUSDT
Pacifica WLD
Binance WLDUSDT
Bybit WLDUSDT
OKX WLD-USDT-SWAP
Gate WLD_USDT
MEXC WLD_USDT
Bitget WLDUSDT
BingX WLD-USDC
Backpack WLD_USDC_PERP
Variational Omni WLD
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
Aevo WLD-PERP
Reya WLDRUSDPERP
Hyperliquid WLD
Phoenix WLD
BloFin WLD-USDT
GMX WLD/USD [ETH-USDC]
Kraken Futures PF_WLDUSD
Coinbase International WLD-PERP-INTX