WLD

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0092%/8h= +10.1% APRnext payment +$0.92 per $10,000 · paid last 24h +0.001%

Price spread now: Bybit against Orderly−0.087%7-day average −0.029% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Orderly Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.033%+$3 on $10k

Price spread, last 3 days (all we have)−0.748%−$75 · spread now −0.087%, 7d avg −0.029%

Together, before fees−0.715%−$71 on $10k · with fees, hour by hour

Funding pays, the price is against you. Bybit is 0.058% cheaper against Orderly than usual: you would sell low and buy high (spread −0.087% now, against its 7-day average of −0.029%). If the spread goes back, that is −$6 on $10k: about 2.1 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.033% in total) that is about 12 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_WLD_USDC	0.4594	−0.0029	get 0.0029% / 8h	2h 52m	$28K	$921K	10x
Short	Bybit WLDUSDT	0.4590	0.0064	get 0.0064% / 8h	2h 52m	$67.4M	$78.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Orderly. 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

Position, each leg$Hold fordaysFee OrderlybpFee BybitbpOrdersPrice spread, now −0.087%Rate

Funding earned: $19.41
Price spread: −0.087% → −0.029%: −$5.8
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$3.4
Costs to cover: 0.170%
Break-even: 8.2 days

Slippage unknown: Orderly: no order-book sample; Bybit: live order book, 1 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 Bybit live order book, 1 min ago	1.09 bp	8.3 bp −$8	18.1 bp −$181	89.4 bp −$8,940	doesn't fit

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	−0.0406%	8h	0.4601	+0.152%	$31K	$3.7M	1.7x	as long as short
Variational Omni WLD	−0.0069%	8h	0.4630	+0.794%	$2.1M	$1.7M	—	as long as short
Orderly PERP_WLD_USDClong	−0.0029%	8h	0.4594	long leg	$28K	$921K	10x
dYdX WLD-USD	0.0000%	1h	0.4592	−0.044%	$157K	$6K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4595	+0.022%	$154K	$785K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4599	+0.101%	$57K	—	150x	as long as short
KuCoin WLDUSDTM	+0.0012%	8h	0.4590	−0.087%	$7.0M	$10.7M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0038%	8h	0.4588	−0.131%	$34.6M	$137.5M	50x	as long as short
Phoenix WLD	+0.0052%	1h	0.4597	+0.074%	$5K	$52K	10x	as long as short
Bybit WLDUSDTshort	+0.0064%	8h	0.4590	−0.087%	$67.4M	$78.5M	50x

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado WLD-PERP	+0.0079%	1h	0.4602	+0.185%	$275K	$168K	5x	as long as short
MEXC WLD_USDT	+0.0086%	8h	0.4585	−0.196%	$53.9M	$46.3M	300x	as long as short
Binance WLDUSDT	+0.0088%	8h	0.4590	−0.082%	$87.7M	$288.7M	75x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4591	−0.074%	$210K	$977K	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4598	+0.083%	$55K	$475K	5x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4586	−0.174%	$7.5M	$34.0M	75x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4589	−0.109%	$30.3M	$24.9M	75x	as long as short
BingX WLD-USDC	+0.0100%	8h	0.4588	−0.131%	—	$1.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4596	+0.048%	$130K	$281K	10x	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4620	+0.556%	$27K	$314K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4607	+0.283%	$624K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4632	+0.827%	$55K	$227K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4603	+0.198%	$56K	$1.7M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4599	+0.109%	$23K	$1.5M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4594	0.000%	$199	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4596	+0.044%	$865K	$1.7M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4594	0.000%	$1.9M	$3.8M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4592	−0.042%	$134K	$744K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4596	+0.043%	$31K	$5K	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4600	+0.122%	—	—	20x	as long as short
BloFin WLD-USDT	+0.0208%	8h	0.4593	−0.022%	$5.0M	$881K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0223% / S −0.1831%	1h	0.4597	+0.069%	$9K	—	100x	as long as short
Hyperliquid WLD	+0.0367%	1h	0.4597	+0.067%	$47.7M	$40.4M	10x	as long as short
Injective WLD/USDC PERP	+0.0374%	1h	0.4622	+0.609%	$6K	$139K	5.5x	as long as short
Coinbase International WLD-PERP-INTX	+0.0400%	1h	0.4605	+0.239%	$277K	$1.6M	50x	as long as short
01 Exchange WLDUSD	+0.0784%	1h	0.4628	+0.749%	$331	$77	5x	as long as short
Lighter WLD	+0.1024%	1h	0.4600	+0.139%	$5.1M	$1.9M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.1085%	1h	0.4597	+0.065%	$922K	$2.5M	50x	as long as short