Funding you earn now, next payment 08:00 UTC−0.0016%/8h= −1.7% APRnext payment −$0.16 per $10,000 · paid last 24h +0.015%
Price spread now: Gate against Orderly−0.150%7-day average −0.019% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.020%+$2 on $10k
+Price spread, last 3 days (all we have)+0.003%$0 · spread now −0.150%, 7d avg −0.019%
=Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Gate is 0.132% cheaper against Orderly than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of −0.019%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_WLD_USDC | 0.4655 | 0.0057 | pay 0.0057% / 8h | 6h 31m | $28K | $897K | 10x |
| Short | Gate WLD_USDT | 0.4648 | 0.0041 | get 0.0041% / 8h | 6h 31m | $7.3M | $37.4M | 75x |
Orderly PERP_WLD_USDC
Gate WLD_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$3.31
- Price spread: −0.150% → −0.019%
- −$13.19
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$37.49
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; Gate: live order book, 2 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 Gate live order book, 2 min ago | 2.17 bp | 13.5 bp −$14 | 38.2 bp −$382 | 57.6 bp −$5,762 | 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 37 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective WLD/USDC PERP | −0.0235% | 1h | 0.4615 | −0.859% | $6K | $185K | 5.5x | as long as short |
| Kalshi KXWLDPERP | −0.0160% | 8h | 0.4654 | −0.021% | $38K | $4.4M | 1.7x | as long as short |
| KuCoin WLDUSDTM | −0.0047% | 8h | 0.4652 | −0.064% | $7.0M | $11.5M | 50x | as long as short |
| Nado WLD-PERP | −0.0013% | 1h | 0.4654 | −0.021% | $270K | $178K | 5x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4650 | −0.101% | $159K | $19K | 10x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4655 | −0.004% | $56K | — | 150x | as long as short |
| Gate WLD_USDTshort | +0.0041% | 8h | 0.4648 | −0.150% | $7.3M | $37.4M | 75x | |
| ApeX Omni WLDUSDT | +0.0047% | 1h | 0.4642 | −0.279% | $51K | $240K | 50x | as long as short |
| Orderly PERP_WLD_USDClong | +0.0057% | 8h | 0.4655 | long leg | $28K | $897K | 10x | |
| Phoenix WLD | +0.0068% | 1h | 0.4623 | −0.681% | $5K | $54K | 10x | as long as short |
Injective WLD/USDC PERP
Kalshi KXWLDPERP
KuCoin WLDUSDTM
Nado WLD-PERP
dYdX WLD-USD
gTrade (Gains Network) WLD/USD
ApeX Omni WLDUSDT
Phoenix WLDShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster WLDUSDT | +0.0100% | 8h | 0.4653 | −0.042% | $178K | $1.0M | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4652 | −0.063% | $57K | $509K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4649 | −0.138% | $88.3M | $323.3M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4645 | −0.215% | $66.4M | $86.8M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4652 | −0.064% | $35.1M | $151.5M | 50x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4649 | −0.129% | $46.9M | $55.6M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4650 | −0.107% | $30.9M | $28.9M | 75x | as long as short |
| BingX WLD-USDT | +0.0100% | 8h | 0.4649 | −0.129% | — | $67.6M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4655 | +0.009% | $140K | $290K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4642 | −0.284% | $2.1M | $1.7M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4639 | −0.334% | $28K | $318K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4634 | −0.450% | $608K | $1.9M | 10x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4655 | −0.009% | $51K | $2.1M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4637 | −0.387% | $23K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4653 | −0.043% | $221 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4644 | −0.236% | $879K | $1.9M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4653 | −0.043% | $1.8M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4647 | −0.176% | $214K | $883K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4654 | −0.011% | $32K | $600 | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4653 | −0.047% | — | — | 20x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0230% / S −0.1538% | 1h | 0.4654 | −0.028% | $6K | — | 100x | as long as short |
| 01 Exchange WLDUSD | +0.0256% | 1h | 0.4652 | −0.062% | $333 | $77 | 5x | as long as short |
| Deribit WLD_USDC-PERPETUAL | +0.0395% | 1h | 0.4656 | +0.021% | $129K | $910K | 25x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0456% | 1h | 0.4656 | +0.021% | $277K | $1.7M | 50x | as long as short |
| Hyperliquid WLD | +0.0586% | 1h | 0.4661 | +0.118% | $52.0M | $44.1M | 10x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0643% | 1h | 0.4655 | −0.001% | $909K | $2.8M | 50x | as long as short |
| Lighter WLD | +0.0840% | 1h | 0.4660 | +0.105% | $5.3M | $2.1M | 10x | as long as short |
Aster WLDUSDT
Pacifica WLD
Binance WLDUSDT
Bybit WLDUSDT
OKX WLD-USDT-SWAP
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
Aevo WLD-PERP
Reya WLDRUSDPERP
GMX WLD/USD [ETH-USDC]
01 Exchange WLDUSD
Deribit WLD_USDC-PERPETUAL
Coinbase International WLD-PERP-INTX
Hyperliquid WLD
Kraken Futures PF_WLDUSD
Lighter WLD