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

WLD

all WLD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0072%/8h= −7.9% APRpaid last 24h 0.000%
Price spread now: dYdX against Orderly+0.099%7-day average +0.017% · you sell dearer than you buy
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−0.054%−$5 on $10k
Price spread, last 4 days (all we have)−0.714%−$71 · spread now +0.099%, 7d avg +0.017%
Together, before fees−0.768%−$77 on $10k · with fees, hour by hour
The price spread pays, funding is against you. dYdX is 0.082% dearer against Orderly than usual: you sell high and buy low (spread +0.099% now, against its 7-day average of +0.017%): +$8 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3.8 days. At the pace of the last 7 days (−0.054% in total) that is about 11 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_WLD_USDC0.46160.0072pay 0.0072% / 8h5h 39m$28K$893K10x
ShortdYdX WLD-USD0.46210get 0.0000% / 1h39m 06s$165K$26K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX 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

Funding earned
−$15.07
Price spread: +0.099% → +0.017%
$8.16
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$22.91
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; dYdX: live order book, 25 min ago. 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 Orderly no order-book sample
Sell dYdX live order book, 25 min ago109.63 bp114.6 bp −$115114.6 bp −$1,146155.3 bp −$15.5K244.4 bp −$122.2K
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
Kalshi KXWLDPERP−0.0138%8h0.4630+0.303%$58K$4.5M1.7xas long as short
KuCoin WLDUSDTM−0.0039%8h0.4614−0.043%$7.1M$11.6M50xas long as short
dYdX WLD-USDshort0.0000%1h0.4621+0.099%$165K$26K10x
Deribit WLD_USDC-PERPETUAL0.0000%1h0.4617+0.022%$119K$923K25xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4616−0.004%$55K150xas long as short
Nado WLD-PERP+0.0054%1h0.4622+0.119%$267K$187K5xas long as short
Orderly PERP_WLD_USDClong+0.0072%8h0.4616long leg$28K$893K10x
Aster WLDUSDT+0.0100%8h0.4620+0.094%$176K$1.0M50xas long as short
Pacifica WLD+0.0100%1h0.4622+0.127%$48K$511K5xas long as short
Binance WLDUSDT+0.0100%8h0.46160.000%$87.7M$324.8M75xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit WLDUSDT+0.0100%8h0.46160.000%$65.9M$87.8M50xas long as short
OKX WLD-USDT-SWAP+0.0100%8h0.4614−0.043%$34.8M$148.6M50xas long as short
Gate WLD_USDT+0.0100%8h0.4617+0.022%$7.2M$36.8M75xas long as short
MEXC WLD_USDT+0.0100%8h0.4615−0.022%$45.4M$54.3M300xas long as short
Bitget WLDUSDT+0.0100%8h0.46160.000%$30.6M$29.4M75xas long as short
BingX WLD-USDC+0.0100%8h0.46160.000%$1.3Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4616+0.002%$137K$288K10xas long as short
Variational Omni WLD+0.0100%8h0.4632+0.338%$2.1M$1.8Mas long as short
edgeX WLDUSDC+0.0100%4h0.4631+0.320%$28K$317K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4659+0.923%$617K$1.8M10xas long as short
ApeX Omni WLDUSDT+0.0100%1h0.4646+0.650%$51K$236K50xas long as short
Polymarket Perps WLD-USD+0.0100%1h0.4619+0.069%$54K$2.0M10xas long as short
SunX WLD-USDT+0.0100%8h0.4620+0.087%$23K$1.6M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4614−0.043%$289$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4615−0.022%$843K$1.9M50xas long as short
Phemex WLDUSDT+0.0100%8h0.46160.000%$1.8M$3.7M50xas long as short
Extended WLD-USD+0.0104%1h0.4614−0.038%$213K$927K10xas long as short
Aevo WLD-PERP+0.0104%1h0.46160.000%$31K$6003xas long as short
01 Exchange WLDUSD+0.0120%1h0.4619+0.067%$330$805xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4619+0.059%20xas long as short
Phoenix WLD+0.0172%1h0.4639+0.507%$5K$57K10xas long as short
BloFin WLD-USDT+0.0220%8h0.4613−0.065%$5.0M$800K75xas long as short
GMX WLD/USD [ETH-USDC]L +0.0230% / S −0.1268%1h0.4615−0.031%$5K100xas long as short
Lighter WLD+0.0288%1h0.4620+0.084%$5.0M$2.3M10xas long as short
Coinbase International WLD-PERP-INTX+0.0480%1h0.4640+0.520%$276K$1.7M50xas long as short
Hyperliquid WLD+0.0511%1h0.4623+0.154%$51.4M$42.9M10xas long as short
Injective WLD/USDC PERP+0.0677%1h0.4650+0.737%$6K$185K5.5xas long as short
Kraken Futures PF_WLDUSD+0.0897%1h0.4617+0.022%$899K$2.9M50xas long as short