Settings8H · net · $10k
Funding arb · Price arb /

WLD

all WLD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0047%/8h= −5.1% APRnext payment $0.47 per $10,000 · paid last 24h −0.015%
Price spread now: Orderly against OKX−0.106%7-day average +0.043% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.049%−$5 on $10k
Price spread, last 3 days (all we have)+0.277%+$28 · spread now −0.106%, 7d avg +0.043%
Together, before fees+0.229%+$23 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Orderly is 0.149% cheaper against OKX than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of +0.043%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX WLD-USDT-SWAP0.47300.0100pay 0.0100% / 8h6h 49m$35.8M$153.3M50x
ShortOrderly PERP_WLD_USDC0.47250.0053get 0.0053% / 8h6h 49m$29K$899K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly against OKX. 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

Funding earned
−$9.82
Price spread: −0.106% → +0.043%
−$14.91
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$40.74
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: OKX: 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
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 4 min ago1.07 bp10.1 bp −$1023.4 bp −$234doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
ApeX Omni WLDUSDT−0.0349%1h0.4701−0.613%$51K$243K50xas long as short
Injective WLD/USDC PERP−0.0235%1h0.4675−1.163%$6K$185K5.5xas long as short
Kalshi KXWLDPERP−0.0155%8h0.4724−0.127%$30K$4.2M1.7xas long as short
KuCoin WLDUSDTM−0.0025%8h0.4729−0.021%$7.1M$11.4M50xas long as short
Nado WLD-PERP−0.0007%1h0.4724−0.116%$274K$178K5xas long as short
dYdX WLD-USD0.0000%1h0.4719−0.226%$161K$19K10xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4725−0.106%$67K150xas long as short
Orderly PERP_WLD_USDCshort+0.0053%8h0.4725−0.106%$29K$899K10x
Phoenix WLD+0.0068%1h0.4715−0.319%$5K$54K10xas long as short
Aster WLDUSDT+0.0100%8h0.4726−0.085%$183K$1.0M50xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica WLD+0.0100%1h0.4719−0.226%$55K$487K5xas long as short
Binance WLDUSDT+0.0100%8h0.4728−0.042%$90.5M$318.7M75xas long as short
Bybit WLDUSDT+0.0100%8h0.4728−0.042%$68.1M$85.5M50xas long as short
OKX WLD-USDT-SWAPlong+0.0100%8h0.4730long leg$35.8M$153.3M50x
Gate WLD_USDT+0.0100%8h0.47300.000%$7.5M$36.6M75xas long as short
MEXC WLD_USDT+0.0100%8h0.4729−0.021%$48.4M$54.6M300xas long as short
Bitget WLDUSDT+0.0100%8h0.4729−0.021%$31.6M$28.4M75xas long as short
BingX WLD-USDT+0.0100%8h0.47300.000%$67.5Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4733+0.059%$141K$285K10xas long as short
Variational Omni WLD+0.0100%8h0.4706−0.512%$2.1M$1.7Mas long as short
edgeX WLDUSDC+0.0100%4h0.4688−0.878%$28K$317K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4708−0.473%$623K$1.9M10xas long as short
Polymarket Perps WLD-USD+0.0100%1h0.4730−0.004%$69K$1.9M10xas long as short
SunX WLD-USDT+0.0100%8h0.4732+0.042%$24K$1.6M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4729−0.021%$225$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4721−0.190%$894K$1.9M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4726−0.085%$1.9M$3.7M50xas long as short
Extended WLD-USD+0.0104%1h0.4729−0.012%$218K$879K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4728−0.053%$32K$6003xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4724−0.132%20xas long as short
Deribit WLD_USDC-PERPETUAL+0.0173%1h0.4729−0.021%$133K$909K25xas long as short
BloFin WLD-USDT+0.0220%8h0.4696−0.719%$5.0M$878K75xas long as short
GMX WLD/USD [ETH-USDC]L +0.0240% / S −0.1538%1h0.4726−0.091%$6K100xas long as short
01 Exchange WLDUSD+0.0328%1h0.4732+0.042%$339$775xas long as short
Coinbase International WLD-PERP-INTX+0.0456%1h0.4728−0.042%$278K$1.7M50xas long as short
Kraken Futures PF_WLDUSD+0.0633%1h0.4732+0.032%$939K$2.8M50xas long as short
Hyperliquid WLD+0.0725%1h0.4736+0.133%$53.0M$44.5M10xas long as short
Lighter WLD+0.0760%1h0.4730+0.002%$5.4M$2.1M10xas long as short