Funding you earn now, next payment 08:00 UTC−0.0042%/8h= −4.6% APRnext payment −$0.42 per $10,000 · paid last 24h −0.012%
Price spread now: Orderly against MEXC+0.256%7-day average +0.016% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.038%−$4 on $10k
+Price spread, last 3 days (all we have)−0.129%−$13 · spread now +0.256%, 7d avg +0.016%
=The price spread pays, funding is against you. Orderly is 0.240% dearer against MEXC than usual: you sell high and buy low (spread +0.256% now, against its 7-day average of +0.016%): +$24 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 19 days. At the pace of the last 7 days (−0.038% in total) that is about 44 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC WLD_USDT | 0.4682 | 0.0100 | pay 0.0100% / 8h | 6h 24m | $46.4M | $55.8M | 300x |
| Short | Orderly PERP_WLD_USDC | 0.4694 | 0.0058 | get 0.0058% / 8h | 6h 24m | $29K | $897K | 10x |
MEXC WLD_USDT
Orderly PERP_WLD_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against MEXC. 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
- −$8.8
- Price spread: +0.256% → +0.016%
- $24.01
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- $9.21
- Costs to cover
- 0.060%
- Break-even
- from the start
Slippage unknown: MEXC: live order book, 4 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 MEXC live order book, 4 min ago | 1.07 bp | 1.1 bp −$1 | 5.4 bp −$54 | 23.5 bp −$2,355 | 69.6 bp −$34.8K |
| 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 | 0.4615 | −1.431% | $6K | $185K | 5.5x | as long as short |
| Kalshi KXWLDPERP | −0.0151% | 8h | 0.4699 | +0.363% | $44K | $4.4M | 1.7x | as long as short |
| KuCoin WLDUSDTM | −0.0047% | 8h | 0.4679 | −0.064% | $7.1M | $11.5M | 50x | as long as short |
| Nado WLD-PERP | −0.0008% | 1h | 0.4694 | +0.256% | $273K | $189K | 5x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4690 | +0.175% | $167K | $26K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4695 | +0.278% | $130K | $895K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4695 | +0.274% | $57K | — | 150x | as long as short |
| Gate WLD_USDT | +0.0042% | 8h | 0.4689 | +0.150% | $7.3M | $37.7M | 75x | as long as short |
| ApeX Omni WLDUSDT | +0.0057% | 1h | 0.4659 | −0.491% | $51K | $237K | 50x | as long as short |
| Orderly PERP_WLD_USDCshort | +0.0058% | 8h | 0.4694 | +0.256% | $29K | $897K | 10x |
Injective WLD/USDC PERP
Kalshi KXWLDPERP
KuCoin WLDUSDTM
Nado WLD-PERP
dYdX WLD-USD
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
Gate WLD_USDT
ApeX Omni WLDUSDTShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix WLD | +0.0068% | 1h | 0.4715 | +0.696% | $5K | $54K | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4693 | +0.239% | $180K | $1.0M | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4697 | +0.318% | $56K | $506K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4682 | 0.000% | $88.9M | $324.5M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4680 | −0.043% | $67.3M | $87.2M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4681 | −0.021% | $35.3M | $153.0M | 50x | as long as short |
| MEXC WLD_USDTlong | +0.0100% | 8h | 0.4682 | long leg | $46.4M | $55.8M | 300x | |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4679 | −0.064% | $31.1M | $29.2M | 75x | as long as short |
| BingX WLD-USDC | +0.0100% | 8h | 0.4680 | −0.043% | — | $1.3M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4685 | +0.073% | $138K | $292K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4705 | +0.485% | $2.1M | $1.7M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4708 | +0.545% | $28K | $316K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4709 | +0.577% | $625K | $1.9M | 10x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4696 | +0.299% | $56K | $2.1M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4699 | +0.363% | $23K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4692 | +0.214% | $224 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4692 | +0.214% | $888K | $1.8M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4691 | +0.192% | $1.9M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4681 | −0.016% | $216K | $886K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4696 | +0.299% | $32K | $600 | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4693 | +0.230% | — | — | 20x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0230% / S −0.1268% | 1h | 0.4694 | +0.250% | $5K | — | 100x | as long as short |
| 01 Exchange WLDUSD | +0.0264% | 1h | 0.4695 | +0.273% | $336 | $77 | 5x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0456% | 1h | 0.4716 | +0.726% | $282K | $1.8M | 50x | as long as short |
| Hyperliquid WLD | +0.0572% | 1h | 0.4694 | +0.254% | $52.2M | $44.2M | 10x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0637% | 1h | 0.4695 | +0.282% | $917K | $2.9M | 50x | as long as short |
| Lighter WLD | +0.0848% | 1h | 0.4701 | +0.414% | $5.3M | $2.1M | 10x | as long as short |
Phoenix WLD
Aster WLDUSDT
Pacifica WLD
Binance WLDUSDT
Bybit WLDUSDT
OKX WLD-USDT-SWAP
Bitget WLDUSDT
BingX WLD-USDC
Backpack WLD_USDC_PERP
Variational Omni WLD
edgeX WLDUSDC
GRVT WLD_USDT_Perp
Polymarket Perps WLD-USD
SunX WLD-USDT
SoDEX WLD-USD
HTX WLD-USDT
Phemex WLDUSDT
Extended WLD-USD
Aevo WLD-PERP
Reya WLDRUSDPERP
GMX WLD/USD [ETH-USDC]
01 Exchange WLDUSD
Coinbase International WLD-PERP-INTX
Hyperliquid WLD
Kraken Futures PF_WLDUSD
Lighter WLD