Funding you earn now, next payment 00:00 UTC+0.0128%/8h= +14.0% APRnext payment +$1.28 per $10,000 · paid last 24h +0.021%
Price spread now: BingX against Orderly−0.044%7-day average −0.014% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.143%+$14 on $10k
+Price spread, last 3 days (all we have)−0.767%−$77 · spread now −0.044%, 7d avg −0.014%
=Funding pays, the price is against you. BingX is 0.029% cheaper against Orderly than usual: you would sell low and buy high (spread −0.044% now, against its 7-day average of −0.014%). If the spread goes back, that is −$3 on $10k: about 18 hours of funding at the current rate (+$4 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_WLD_USDC | 0.4558 | −0.0028 | get 0.0028% / 8h | 2h 46m | $28K | $918K | 10x |
| Short | BingX WLD-USDC | 0.4556 | 0.0100 | get 0.0100% / 8h | 2h 46m | — | $1.3M | — |
Orderly PERP_WLD_USDC
BingX WLD-USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Orderly. 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
- $26.92
- Price spread: −0.044% → −0.014%
- −$2.94
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $7.98
- Costs to cover
- 0.160%
- Break-even
- 4.9 days
Slippage unknown: Orderly: no order-book sample; BingX: live order book, 15 min ago. 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 Orderly no order-book sample | — | — | — | — | — |
| Sell BingX live order book, 15 min ago | 2.15 bp | 12.2 bp −$12 | 35.7 bp −$357 | 476.4 bp −$47.6K | 821.0 bp −$410.5K |
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 | −0.0528% | 8h | 0.4557 | −0.022% | $31K | $3.8M | 1.7x | as long as short |
| Variational Omni WLD | −0.0055% | 8h | 0.4588 | +0.648% | $2.1M | $1.7M | — | as long as short |
| Orderly PERP_WLD_USDClong | −0.0028% | 8h | 0.4558 | long leg | $28K | $918K | 10x | |
| dYdX WLD-USD | 0.0000% | 1h | 0.4559 | +0.033% | $156K | $6K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4560 | +0.044% | $153K | $759K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4559 | +0.016% | $57K | — | 150x | as long as short |
| KuCoin WLDUSDTM | +0.0017% | 8h | 0.4555 | −0.066% | $7.0M | $10.7M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0047% | 8h | 0.4551 | −0.154% | $34.4M | $136.8M | 50x | as long as short |
| Phoenix WLD | +0.0052% | 1h | 0.4585 | +0.601% | $5K | $52K | 10x | as long as short |
| Nado WLD-PERP | +0.0058% | 1h | 0.4553 | −0.099% | $272K | $168K | 5x | as long as short |
Kalshi KXWLDPERP
Variational Omni WLD
dYdX WLD-USD
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
KuCoin WLDUSDTM
OKX WLD-USDT-SWAP
Phoenix WLD
Nado WLD-PERPShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit WLDUSDT | +0.0080% | 8h | 0.4553 | −0.110% | $66.9M | $78.8M | 50x | as long as short |
| ApeX Omni WLDUSDT | +0.0084% | 1h | 0.4590 | +0.702% | $55K | $227K | 50x | as long as short |
| MEXC WLD_USDT | +0.0094% | 8h | 0.4557 | −0.022% | $53.1M | $46.7M | 300x | as long as short |
| Binance WLDUSDT | +0.0098% | 8h | 0.4559 | +0.012% | $86.2M | $290.0M | 75x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4558 | +0.007% | $209K | $977K | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4557 | −0.022% | $53K | $473K | 5x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4556 | −0.044% | $7.4M | $34.2M | 75x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4552 | −0.132% | $30.1M | $25.1M | 75x | as long as short |
| BingX WLD-USDCshort | +0.0100% | 8h | 0.4556 | −0.044% | — | $1.3M | — | |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4559 | +0.013% | $128K | $278K | 10x | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4558 | +0.001% | $27K | $316K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4566 | +0.178% | $618K | $1.9M | 10x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4556 | −0.035% | $55K | $1.7M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4563 | +0.110% | $22K | $1.5M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4557 | −0.022% | $198 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4558 | 0.000% | $858K | $1.7M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4558 | 0.000% | $1.9M | $3.8M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4557 | −0.019% | $133K | $745K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4559 | +0.027% | $31K | $5K | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4557 | −0.020% | — | — | 20x | as long as short |
| Hyperliquid WLD | +0.0208% | 1h | 0.4560 | +0.046% | $47.3M | $40.5M | 10x | as long as short |
| BloFin WLD-USDT | +0.0215% | 8h | 0.4558 | 0.000% | $5.0M | $834K | 75x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0217% / S −0.0307% | 1h | 0.4558 | +0.010% | $12K | — | 100x | as long as short |
| Injective WLD/USDC PERP | +0.0374% | 1h | 0.4622 | +1.404% | $6K | $139K | 5.5x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0400% | 1h | 0.4574 | +0.351% | $275K | $1.6M | 50x | as long as short |
| 01 Exchange WLDUSD | +0.0624% | 1h | 0.4559 | +0.024% | $326 | $77 | 5x | as long as short |
| Lighter WLD | +0.1088% | 1h | 0.4568 | +0.226% | $5.1M | $2.0M | 10x | as long as short |
| Kraken Futures PF_WLDUSD | +0.1094% | 1h | 0.4561 | +0.067% | $917K | $2.5M | 50x | as long as short |
Bybit WLDUSDT
ApeX Omni WLDUSDT
MEXC WLD_USDT
Binance WLDUSDT
Aster WLDUSDT
Pacifica WLD
Gate WLD_USDT
Bitget WLDUSDT
Backpack WLD_USDC_PERP
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
Hyperliquid WLD
BloFin WLD-USDT
GMX WLD/USD [ETH-USDC]
Injective WLD/USDC PERP
Coinbase International WLD-PERP-INTX
01 Exchange WLDUSD
Lighter WLD
Kraken Futures PF_WLDUSD