Funding you earn now, next payment 00:00 UTC−0.0698%/8h= −76.4% APRpaid last 24h +0.003%
Price spread now: Orderly against Kraken Futures−0.058%7-day average −0.038% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.145%−$15 on $10k
+Price spread, last 3 days (all we have)+0.031%+$3 · spread now −0.058%, 7d avg −0.038%
=The price spread sits at its 7-day average of −0.038%, so right now this pair is about funding alone: −$21 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.145% in total (about -7.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_WLDUSD | 0.4640 | 0.0709 | pay 0.0089% / 1h | 50m 54s | $924K | $2.6M | 50x |
| Short | Orderly PERP_WLD_USDC | 0.4637 | 0.0011 | get 0.0011% / 8h | 50m 54s | $28K | $909K | 10x |
Kraken Futures PF_WLDUSD
Orderly PERP_WLD_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against Kraken Futures. 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
- −$146.52
- Price spread: −0.058% → −0.038%
- −$1.98
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$164.5
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: live order book, 3 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 Kraken Futures live order book, 3 min ago | 1.08 bp | 20.8 bp −$21 | 38.2 bp −$382 | 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 | −0.0241% | 8h | 0.4629 | −0.231% | $42K | $3.8M | 1.7x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4625 | −0.309% | $165K | $13K | 10x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4637 | −0.058% | $58K | — | 150x | as long as short |
| Orderly PERP_WLD_USDCshort | +0.0011% | 8h | 0.4637 | −0.058% | $28K | $909K | 10x | |
| KuCoin WLDUSDTM | +0.0017% | 8h | 0.4632 | −0.166% | $7.1M | $10.9M | 50x | as long as short |
| Nado WLD-PERP | +0.0074% | 1h | 0.4633 | −0.144% | $279K | $169K | 5x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4634 | −0.118% | $196K | $1.0M | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4627 | −0.284% | $53K | $481K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4635 | −0.101% | $87.8M | $298.7M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4633 | −0.144% | $66.4M | $82.3M | 50x | as long as short |
Kalshi KXWLDPERP
dYdX WLD-USD
gTrade (Gains Network) WLD/USD
KuCoin WLDUSDTM
Nado WLD-PERP
Aster WLDUSDT
Pacifica WLD
Binance WLDUSDT
Bybit WLDUSDTShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4633 | −0.144% | $34.6M | $143.6M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4633 | −0.144% | $7.5M | $35.2M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4634 | −0.123% | $50.1M | $51.7M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4633 | −0.144% | $30.6M | $25.7M | 75x | as long as short |
| BingX WLD-USDC | +0.0100% | 8h | 0.4634 | −0.123% | — | $1.3M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4638 | −0.037% | $131K | $269K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4623 | −0.363% | $2.1M | $1.6M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4624 | −0.336% | $27K | $315K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4635 | −0.103% | $626K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4627 | −0.274% | $56K | $228K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4636 | −0.088% | $43K | $1.6M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4641 | +0.028% | $23K | $1.5M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4637 | −0.058% | $206 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4635 | −0.101% | $875K | $1.8M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4636 | −0.080% | $1.8M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4631 | −0.185% | $237K | $859K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4639 | −0.015% | $31K | $5K | 3x | as long as short |
| Phoenix WLD | +0.0104% | 1h | 0.4632 | −0.155% | $5K | $53K | 10x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4632 | −0.157% | — | — | 20x | as long as short |
| Deribit WLD_USDC-PERPETUAL | +0.0181% | 1h | 0.4639 | −0.015% | $110K | $881K | 25x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4639 | −0.015% | $4.9M | $831K | 75x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0261% / S −0.2221% | 1h | 0.4636 | −0.072% | $9K | — | 100x | as long as short |
| 01 Exchange WLDUSD | +0.0288% | 1h | 0.4639 | −0.013% | $332 | $77 | 5x | as long as short |
| Injective WLD/USDC PERP | +0.0373% | 1h | 0.4612 | −0.597% | $6K | $185K | 5.5x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0440% | 1h | 0.4638 | −0.037% | $276K | $1.7M | 50x | as long as short |
| Hyperliquid WLD | +0.0645% | 1h | 0.4642 | +0.058% | $50.5M | $42.8M | 10x | as long as short |
| Kraken Futures PF_WLDUSDlong | +0.0709% | 1h | 0.4640 | long leg | $924K | $2.6M | 50x | |
| Lighter WLD | +0.1632% | 1h | 0.4648 | +0.172% | $5.3M | $2.0M | 10x | as long as short |
OKX WLD-USDT-SWAP
Gate WLD_USDT
MEXC WLD_USDT
Bitget WLDUSDT
BingX WLD-USDC
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
Phemex WLDUSDT
Extended WLD-USD
Aevo WLD-PERP
Phoenix WLD
Reya WLDRUSDPERP
Deribit WLD_USDC-PERPETUAL
BloFin WLD-USDT
GMX WLD/USD [ETH-USDC]
01 Exchange WLDUSD
Injective WLD/USDC PERP
Coinbase International WLD-PERP-INTX
Hyperliquid WLD
Lighter WLD