WLD

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.00 per $10,000 · paid last 24h −0.004%

Price spread now: Backpack against Extended+0.108%7-day average +0.076% · you sell dearer than you buy

Net, funding: paid 7d − costs−$59as in the Funding arb table

Net, price: spread back to 7d avg − costs−$23as in the Price arb table

costs, in and out, $10k−$260.259% of the position

Long on Extended Short on Backpack

What this pair did over the last

the charts below follow

Funding, last 7 days−0.330%−$33 on $10k

Price spread, last 4 days (all we have)−0.125%−$12 · spread now +0.108%, 7d avg +0.076%

Together, before fees−0.454%+ Points / potential airdropExtended: Active · farm board−$45 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Backpack is 0.032% dearer against Extended than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.076%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended WLD-USD	0.4585	0.0104	pay 0.0013% / 1h	46m 33s	$231K	$847K	10x
Short	Backpack WLD_USDC_PERP	0.4590	0.0100	get 0.0013% / 1h	46m 33s	$136K	$282K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Backpack against Extended. 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

Position, each leg$Hold fordaysFee ExtendedbpFee BackpackbpOrdersPrice spread, now +0.108%Rate

Funding earned: −$0.84
Price spread: +0.108% → +0.076%: $3.18
Slippage, 4 orders: −$10.9
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Backpack: 5 bp × 2 orders: −$10
Net: −$23.56
Costs to cover: 0.259%
Break-even: never at this rate

Slippage from Extended: live order book, 27 min ago; Backpack: live order book, 27 min ago.

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 Extended live order book, 27 min ago	2.18 bp	4.7 bp −$5	11.2 bp −$112	doesn't fit	doesn't fit
Sell Backpack live order book, 27 min ago	1.86 bp	8.4 bp −$8	doesn't fit	doesn't fit	doesn't fit

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	−0.0200%	8h	0.4586	+0.031%	$63K	$3.9M	1.7x	as long as short
Nado WLD-PERP	−0.0020%	1h	0.4583	−0.034%	$276K	$169K	5x	as long as short
KuCoin WLDUSDTM	−0.0008%	8h	0.4582	−0.056%	$7.0M	$11.1M	50x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4590	+0.115%	$164K	$13K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4585	+0.010%	$123K	$861K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4586	+0.034%	$56K	—	150x	as long as short
Injective WLD/USDC PERP	+0.0038%	1h	0.4597	+0.271%	$6K	$185K	5.5x	as long as short
Orderly PERP_WLD_USDC	+0.0041%	8h	0.4585	+0.010%	$28K	$903K	10x	as long as short
Gate WLD_USDT	+0.0042%	8h	0.4587	+0.053%	$7.5M	$35.1M	75x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4587	+0.062%	$191K	$984K	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	0.4589	+0.097%	$54K	$483K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4583	−0.040%	$86.5M	$303.7M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4582	−0.056%	$65.7M	$82.6M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4579	−0.121%	$34.3M	$143.3M	50x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4588	+0.075%	$46.6M	$53.2M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4589	+0.097%	$30.4M	$26.1M	75x	as long as short
BingX WLD-USDT	+0.0100%	8h	0.4588	+0.075%	—	$67.1M	—	as long as short
Backpack WLD_USDC_PERPshort	+0.0100%	1h	0.4590	+0.108%	$136K	$282K	10x
Variational Omni WLD	+0.0100%	8h	0.4581	−0.082%	$2.0M	$1.7M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4581	−0.068%	$27K	$317K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4589	+0.097%	$609K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4584	−0.012%	$54K	$229K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4584	−0.012%	$48K	$1.6M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4589	+0.097%	$23K	$1.5M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4584	−0.012%	$213	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4577	−0.165%	$852K	$1.8M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4584	−0.012%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USDlong	+0.0104%	1h	0.4585	long leg	$231K	$847K	10x
Aevo WLD-PERP	+0.0104%	1h	0.4584	−0.012%	$31K	$600	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4582	−0.060%	—	—	20x	as long as short
Phoenix WLD	+0.0157%	1h	0.4585	+0.016%	$5K	$53K	10x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4583	−0.034%	$4.9M	$821K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0229% / S −0.1268%	1h	0.4586	+0.021%	$5K	—	100x	as long as short
01 Exchange WLDUSD	+0.0248%	1h	0.4588	+0.084%	$328	$77	5x	as long as short
Kraken Futures PF_WLDUSD	+0.0329%	1h	0.4587	+0.052%	$903K	$2.7M	50x	as long as short
Coinbase International WLD-PERP-INTX	+0.0448%	1h	0.4589	+0.097%	$274K	$1.7M	50x	as long as short
Hyperliquid WLD	+0.0727%	1h	0.4594	+0.206%	$51.1M	$43.5M	10x	as long as short
Lighter WLD	+0.0944%	1h	0.4595	+0.234%	$5.2M	$2.0M	10x	as long as short