Funding you earn now, next payment 08:00 UTC−0.0036%/8h= −3.9% APRnext payment −$0.36 per $10,000 · paid last 24h −0.006%
Price spread now: Orderly against GRVT+0.402%70s7-day average +0.048% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.127%−$13 on $10k
+Price spread, last 3 days (all we have)−0.240%−$24 · spread now +0.402%, 7d avg +0.048%
=Together, before fees−0.367%+ Points / potential airdropGRVT: Active · farm board−$37 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Orderly is 0.354% dearer against GRVT than usual: you sell high and buy low (spread +0.402% now, against its 7-day average of +0.048%): +$35 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 33 days. The two prices were read 70 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 | GRVT WLD_USDT_Perp | 0.4657 | 0.0100 | pay 0.0100% / 8h | 6h 06m | $615K | $1.9M | 10x |
| Short | Orderly PERP_WLD_USDC | 0.4676 | 0.0064 | get 0.0064% / 8h | 6h 06m | $28K | $895K | 10x |
GRVT WLD_USDT_Perp
Orderly PERP_WLD_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against GRVT. 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
- −$7.46
- Price spread: +0.402% → +0.048%
- $35.42
- Slippage, 4 orders
- no order book: not counted
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- $12.97
- Costs to cover
- 0.150%
- Break-even
- from the start
Slippage unknown: GRVT: live order book, 2 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 GRVT live order book, 2 min ago | 3.20 bp | 19.1 bp −$19 | 28.2 bp −$282 | 2394.2 bp −$239.4K | 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 37 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective WLD/USDC PERP | −0.0235% | 1h | 0.4666 | +0.187% | $6K | $185K | 5.5x | as long as short |
| Kalshi KXWLDPERP | −0.0140% | 8h | 0.4675 | +0.380% | $71K | $4.5M | 1.7x | as long as short |
| KuCoin WLDUSDTM | −0.0042% | 8h | 0.4673 | +0.337% | $7.1M | $11.5M | 50x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4676 | +0.397% | $166K | $26K | 10x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4673 | +0.336% | $56K | — | 150x | as long as short |
| Nado WLD-PERP | +0.0008% | 1h | 0.4672 | +0.311% | $271K | $189K | 5x | as long as short |
| Orderly PERP_WLD_USDCshort | +0.0064% | 8h | 0.4676 | +0.402% | $28K | $895K | 10x | |
| Phoenix WLD | +0.0068% | 1h | 0.4662 | +0.097% | $5K | $54K | 10x | as long as short |
| Gate WLD_USDT | +0.0096% | 8h | 0.4672 | +0.316% | $7.3M | $38.1M | 75x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4671 | +0.302% | $179K | $1.0M | 50x | as long as short |
Injective WLD/USDC PERP
Kalshi KXWLDPERP
KuCoin WLDUSDTM
dYdX WLD-USD
gTrade (Gains Network) WLD/USD
Nado WLD-PERP
Phoenix WLD
Gate WLD_USDT
Aster WLDUSDTShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica WLD | +0.0100% | 1h | 0.4677 | +0.422% | $51K | $513K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4673 | +0.337% | $88.8M | $325.2M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4672 | +0.316% | $66.6M | $87.9M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4672 | +0.316% | $35.2M | $152.2M | 50x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4673 | +0.337% | $46.1M | $56.2M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4675 | +0.380% | $31.1M | $29.5M | 75x | as long as short |
| BingX WLD-USDC | +0.0100% | 8h | 0.4672 | +0.316% | — | $1.3M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4676 | +0.404% | $140K | $289K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4659 | +0.030% | $2.1M | $1.7M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4643 | −0.298% | $28K | $317K | 20x | as long as short |
| GRVT WLD_USDT_Perplong | +0.0100% | 8h | 0.4657 | long leg | $615K | $1.9M | 10x | |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4644 | −0.285% | $51K | $235K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4676 | +0.391% | $55K | $2.1M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4682 | +0.531% | $23K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4675 | +0.380% | $222 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4673 | +0.337% | $855K | $1.9M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4673 | +0.337% | $1.9M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4674 | +0.367% | $215K | $889K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4678 | +0.439% | $32K | $600 | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4672 | +0.320% | — | — | 20x | as long as short |
| Deribit WLD_USDC-PERPETUAL | +0.0178% | 1h | 0.4678 | +0.445% | $121K | $918K | 25x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0230% / S −0.1268% | 1h | 0.4673 | +0.328% | $5K | — | 100x | as long as short |
| 01 Exchange WLDUSD | +0.0280% | 1h | 0.4678 | +0.438% | $335 | $80 | 5x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0456% | 1h | 0.4678 | +0.445% | $275K | $1.7M | 50x | as long as short |
| Hyperliquid WLD | +0.0553% | 1h | 0.4678 | +0.449% | $52.0M | $43.3M | 10x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0640% | 1h | 0.4677 | +0.422% | $907K | $2.9M | 50x | as long as short |
| Lighter WLD | +0.0864% | 1h | 0.4683 | +0.556% | $5.3M | $2.1M | 10x | as long as short |
Pacifica WLD
Binance WLDUSDT
Bybit WLDUSDT
OKX WLD-USDT-SWAP
MEXC WLD_USDT
Bitget WLDUSDT
BingX WLD-USDC
Backpack WLD_USDC_PERP
Variational Omni WLD
edgeX WLDUSDC
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
Deribit WLD_USDC-PERPETUAL
GMX WLD/USD [ETH-USDC]
01 Exchange WLDUSD
Coinbase International WLD-PERP-INTX
Hyperliquid WLD
Kraken Futures PF_WLDUSD
Lighter WLD