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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX WLD-USDT-SWAP | 0.4730 | 0.0100 | pay 0.0100% / 8h | 6h 49m | $35.8M | $153.3M | 50x |
| Short | Orderly PERP_WLD_USDC | 0.4725 | 0.0053 | get 0.0053% / 8h | 6h 49m | $29K | $899K | 10x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy OKX live order book, 4 min ago | 1.07 bp | 10.1 bp −$10 | 23.4 bp −$234 | 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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni WLDUSDT | −0.0349% | 1h | 0.4701 | −0.613% | $51K | $243K | 50x | as long as short |
| Injective WLD/USDC PERP | −0.0235% | 1h | 0.4675 | −1.163% | $6K | $185K | 5.5x | as long as short |
| Kalshi KXWLDPERP | −0.0155% | 8h | 0.4724 | −0.127% | $30K | $4.2M | 1.7x | as long as short |
| KuCoin WLDUSDTM | −0.0025% | 8h | 0.4729 | −0.021% | $7.1M | $11.4M | 50x | as long as short |
| Nado WLD-PERP | −0.0007% | 1h | 0.4724 | −0.116% | $274K | $178K | 5x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4719 | −0.226% | $161K | $19K | 10x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4725 | −0.106% | $67K | — | 150x | as long as short |
| Orderly PERP_WLD_USDCshort | +0.0053% | 8h | 0.4725 | −0.106% | $29K | $899K | 10x | |
| Phoenix WLD | +0.0068% | 1h | 0.4715 | −0.319% | $5K | $54K | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4726 | −0.085% | $183K | $1.0M | 50x | as long as short |
Show all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica WLD | +0.0100% | 1h | 0.4719 | −0.226% | $55K | $487K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4728 | −0.042% | $90.5M | $318.7M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4728 | −0.042% | $68.1M | $85.5M | 50x | as long as short |
| OKX WLD-USDT-SWAPlong | +0.0100% | 8h | 0.4730 | long leg | $35.8M | $153.3M | 50x | |
| Gate WLD_USDT | +0.0100% | 8h | 0.4730 | 0.000% | $7.5M | $36.6M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4729 | −0.021% | $48.4M | $54.6M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4729 | −0.021% | $31.6M | $28.4M | 75x | as long as short |
| BingX WLD-USDT | +0.0100% | 8h | 0.4730 | 0.000% | — | $67.5M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4733 | +0.059% | $141K | $285K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4706 | −0.512% | $2.1M | $1.7M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4688 | −0.878% | $28K | $317K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4708 | −0.473% | $623K | $1.9M | 10x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4730 | −0.004% | $69K | $1.9M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4732 | +0.042% | $24K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4729 | −0.021% | $225 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4721 | −0.190% | $894K | $1.9M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4726 | −0.085% | $1.9M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4729 | −0.012% | $218K | $879K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4728 | −0.053% | $32K | $600 | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4724 | −0.132% | — | — | 20x | as long as short |
| Deribit WLD_USDC-PERPETUAL | +0.0173% | 1h | 0.4729 | −0.021% | $133K | $909K | 25x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4696 | −0.719% | $5.0M | $878K | 75x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0240% / S −0.1538% | 1h | 0.4726 | −0.091% | $6K | — | 100x | as long as short |
| 01 Exchange WLDUSD | +0.0328% | 1h | 0.4732 | +0.042% | $339 | $77 | 5x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0456% | 1h | 0.4728 | −0.042% | $278K | $1.7M | 50x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0633% | 1h | 0.4732 | +0.032% | $939K | $2.8M | 50x | as long as short |
| Hyperliquid WLD | +0.0725% | 1h | 0.4736 | +0.133% | $53.0M | $44.5M | 10x | as long as short |
| Lighter WLD | +0.0760% | 1h | 0.4730 | +0.002% | $5.4M | $2.1M | 10x | as long as short |
OKX WLD-USDT-SWAP
ApeX Omni WLDUSDT
Injective WLD/USDC PERP
Kalshi KXWLDPERP
KuCoin WLDUSDTM
gTrade (Gains Network) WLD/USD
Phoenix WLD
Aster WLDUSDT
Pacifica WLD
Binance WLDUSDT
Bybit WLDUSDT
Gate WLD_USDT
MEXC WLD_USDT
Bitget WLDUSDT
BingX WLD-USDT
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
Deribit WLD_USDC-PERPETUAL
BloFin WLD-USDT
GMX WLD/USD [ETH-USDC]
01 Exchange WLDUSD
Coinbase International WLD-PERP-INTX
Kraken Futures PF_WLDUSD
Hyperliquid WLD
Lighter WLD