Funding you earn now, next payment 00:00 UTC+0.0214%/8h= +23.5% APRnext payment +$2.14 per $10,000 · paid last 24h +0.046%
Price spread now: BloFin against Orderly−0.087%52s7-day average +0.022% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.279%+$28 on $10k
+Price spread, last 3 days (all we have)+0.088%+$9 · spread now −0.087%, 7d avg +0.022%
=Funding pays, the price is against you. BloFin is 0.109% cheaper against Orderly than usual: you would sell low and buy high (spread −0.087% now, against its 7-day average of +0.022%). If the spread goes back, that is −$11 on $10k: about 41 hours of funding at the current rate (+$6 a day). The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_WLD_USDC | 0.4573 | 0.0006 | pay 0.0006% / 8h | 1h 10m | $28K | $912K | 10x |
| Short | BloFin WLD-USDT | 0.4569 | 0.0220 | get 0.0220% / 8h | 1h 10m | $4.9M | $812K | 75x |
Orderly PERP_WLD_USDC
BloFin WLD-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $44.98
- Price spread: −0.087% → +0.022%
- −$10.92
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $16.06
- Costs to cover
- 0.180%
- Break-even
- 4.5 days
Slippage unknown: Orderly: no order-book sample; BloFin: live order book, 3 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 BloFin live order book, 3 min ago | 1.10 bp | 8.5 bp −$9 | 11.3 bp −$113 | 33.6 bp −$3,356 | 105.6 bp −$52.8K |
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 | −0.0291% | 8h | 0.4573 | 0.000% | $61K | $3.8M | 1.7x | as long as short |
| Injective WLD/USDC PERP | −0.0079% | 1h | 0.4578 | +0.109% | $6K | $185K | 5.5x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4567 | −0.123% | $163K | $13K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4575 | +0.044% | $108K | $900K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4574 | +0.025% | $57K | — | 150x | as long as short |
| Orderly PERP_WLD_USDClong | +0.0006% | 8h | 0.4573 | long leg | $28K | $912K | 10x | |
| KuCoin WLDUSDTM | +0.0008% | 8h | 0.4566 | −0.153% | $7.0M | $10.8M | 50x | as long as short |
| Nado WLD-PERP | +0.0048% | 1h | 0.4567 | −0.120% | $275K | $169K | 5x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4574 | +0.028% | $194K | $999K | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4571 | −0.037% | $53K | $481K | 5x | as long as short |
Kalshi KXWLDPERP
Injective WLD/USDC PERP
dYdX WLD-USD
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
KuCoin WLDUSDTM
Nado WLD-PERP
Aster WLDUSDT
Pacifica WLDShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance WLDUSDT | +0.0100% | 8h | 0.4575 | +0.047% | $86.5M | $297.0M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4575 | +0.044% | $65.5M | $82.0M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4575 | +0.044% | $34.2M | $141.3M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4572 | −0.022% | $7.4M | $35.4M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4571 | −0.044% | $49.0M | $52.1M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4572 | −0.022% | $30.2M | $25.6M | 75x | as long as short |
| BingX WLD-USDC | +0.0100% | 8h | 0.4572 | −0.022% | — | $1.3M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4575 | +0.037% | $129K | $269K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4571 | −0.046% | $2.1M | $1.6M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4566 | −0.157% | $27K | $315K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4572 | −0.022% | $614K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4565 | −0.175% | $55K | $227K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4572 | −0.013% | $41K | $1.6M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4575 | +0.044% | $23K | $1.5M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4575 | +0.044% | $201 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4568 | −0.109% | $862K | $1.8M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4575 | +0.044% | $1.8M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4573 | −0.010% | $240K | $855K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4576 | +0.066% | $31K | $5K | 3x | as long as short |
| Phoenix WLD | +0.0124% | 1h | 0.4576 | +0.072% | $5K | $53K | 10x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4565 | −0.167% | — | — | 20x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0186% | 1h | 0.4578 | +0.116% | $912K | $2.6M | 50x | as long as short |
| BloFin WLD-USDTshort | +0.0220% | 8h | 0.4569 | −0.087% | $4.9M | $812K | 75x | |
| 01 Exchange WLDUSD | +0.0248% | 1h | 0.4572 | −0.013% | $327 | $77 | 5x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0260% / S −0.2221% | 1h | 0.4572 | −0.026% | $9K | — | 100x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0424% | 1h | 0.4574 | +0.022% | $270K | $1.6M | 50x | as long as short |
| Hyperliquid WLD | +0.0686% | 1h | 0.4573 | +0.011% | $49.7M | $43.2M | 10x | as long as short |
| Lighter WLD | +0.1000% | 1h | 0.4586 | +0.284% | $5.2M | $2.1M | 10x | as long as short |
Binance WLDUSDT
Bybit WLDUSDT
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
Kraken Futures PF_WLDUSD
01 Exchange WLDUSD
GMX WLD/USD [ETH-USDC]
Coinbase International WLD-PERP-INTX
Hyperliquid WLD
Lighter WLD