Funding you earn now, next payment 01:00 UTC+0.0011%/8h= +1.2% APRpaid last 24h −0.047%
Price spread now: Orderly against Injective+0.295%58s7-day average −0.174% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.072%−$7 on $10k
+Price spread, last 3 days (all we have)−0.356%−$36 · spread now +0.295%, 7d avg −0.174%
=Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Orderly is 0.469% dearer against Injective than usual: you sell high and buy low: +$47 more if the spread goes back to its 7-day average of −0.174%. Mind the row above: over the last 7 days funding on this pair cost −0.072%, so the current rate has only just turned in your favour. The two prices were read 58 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 | Injective WLD/USDC PERP | 0.4744 | 0.0038 | pay 0.0005% / 1h | 15m 44s | $6K | $185K | 5.5x |
| Short | Orderly PERP_WLD_USDC | 0.4758 | 0.0049 | get 0.0049% / 8h | 7h 15m | $29K | $902K | 10x |
Injective WLD/USDC PERP
Orderly PERP_WLD_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against Injective. 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
- $2.39
- Price spread: +0.295% → −0.174%
- $46.92
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- $43.29
- Costs to cover
- 0.060%
- Break-even
- from the start
Slippage unknown: Injective: live order book, 23 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 Injective live order book, 23 min ago | 71.71 bp | doesn't fit | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Phemex WLDUSDT | −0.0224% | 8h | 0.4759 | +0.316% | $1.9M | $3.7M | 50x | as long as short |
| Kalshi KXWLDPERP | −0.0165% | 8h | 0.4755 | +0.232% | $30K | $4.0M | 1.7x | as long as short |
| Nado WLD-PERP | −0.0032% | 1h | 0.4758 | +0.306% | $278K | $177K | 5x | as long as short |
| KuCoin WLDUSDTM | −0.0015% | 8h | 0.4761 | +0.358% | $7.1M | $11.2M | 50x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4764 | +0.415% | $170K | $12K | 10x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0002% | 1h | 0.4756 | +0.254% | $57K | — | 150x | as long as short |
| Injective WLD/USDC PERPlong | +0.0038% | 1h | 0.4744 | long leg | $6K | $185K | 5.5x | |
| Orderly PERP_WLD_USDCshort | +0.0049% | 8h | 0.4758 | +0.295% | $29K | $902K | 10x | |
| Aster WLDUSDT | +0.0100% | 8h | 0.4764 | +0.431% | $213K | $979K | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4765 | +0.443% | $56K | $482K | 5x | as long as short |
Phemex WLDUSDT
Kalshi KXWLDPERP
Nado WLD-PERP
KuCoin WLDUSDTM
dYdX WLD-USD
gTrade (Gains Network) WLD/USD
Aster WLDUSDT
Pacifica WLDShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance WLDUSDT | +0.0100% | 8h | 0.4764 | +0.422% | $91.1M | $309.8M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4764 | +0.422% | $69.1M | $83.5M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4763 | +0.401% | $36.2M | $151.0M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4762 | +0.379% | $7.7M | $36.2M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4764 | +0.422% | $49.9M | $54.8M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4767 | +0.485% | $31.9M | $27.1M | 75x | as long as short |
| BingX WLD-USDT | +0.0100% | 8h | 0.4763 | +0.401% | — | $67.2M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4760 | +0.329% | $141K | $277K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4758 | +0.290% | $2.1M | $1.7M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4710 | −0.715% | $28K | $317K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4720 | −0.507% | $623K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4712 | −0.675% | $57K | $231K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4758 | +0.301% | $47K | $1.7M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4764 | +0.422% | $24K | $1.5M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4761 | +0.358% | $233 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4751 | +0.148% | $881K | $1.8M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4762 | +0.379% | $220K | $894K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4760 | +0.344% | $32K | $600 | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4754 | +0.206% | — | — | 20x | as long as short |
| Phoenix WLD | +0.0157% | 1h | 0.4717 | −0.565% | $5K | $53K | 10x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4745 | +0.021% | $5.0M | $881K | 75x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0240% / S −0.1538% | 1h | 0.4755 | +0.225% | $7K | — | 100x | as long as short |
| 01 Exchange WLDUSD | +0.0248% | 1h | 0.4760 | +0.329% | $341 | $77 | 5x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0316% | 1h | 0.4765 | +0.445% | $944K | $2.7M | 50x | as long as short |
| Deribit WLD_USDC-PERPETUAL | +0.0380% | 1h | 0.4762 | +0.379% | $136K | $863K | 25x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0448% | 1h | 0.4759 | +0.316% | $278K | $1.7M | 50x | as long as short |
| Hyperliquid WLD | +0.0871% | 1h | 0.4772 | +0.599% | $53.5M | $44.0M | 10x | as long as short |
| Lighter WLD | +0.1016% | 1h | 0.4773 | +0.620% | $5.4M | $2.0M | 10x | as long as short |
Binance WLDUSDT
Bybit WLDUSDT
OKX WLD-USDT-SWAP
Gate WLD_USDT
MEXC WLD_USDT
Bitget WLDUSDT
BingX WLD-USDT
Backpack WLD_USDC_PERP
Variational Omni WLD
edgeX WLDUSDC
GRVT WLD_USDT_Perp
ApeX Omni WLDUSDT
Polymarket Perps WLD-USD
SunX WLD-USDT
SoDEX WLD-USD
HTX WLD-USDT
Extended WLD-USD
Aevo WLD-PERP
Reya WLDRUSDPERP
Phoenix WLD
BloFin WLD-USDT
GMX WLD/USD [ETH-USDC]
01 Exchange WLDUSD
Kraken Futures PF_WLDUSD
Deribit WLD_USDC-PERPETUAL
Coinbase International WLD-PERP-INTX
Hyperliquid WLD
Lighter WLD