Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC+0.0003%/8h= +0.4% APRpaid last 24h +0.021%

Price spread now: SoDEX against Orderly0.000%7-day average — · you sell dearer than you buy

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

Long on Orderly Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_WLD_USDC	0.4493	0.0097	pay 0.0097% / 8h	6h 21m	$27K	$410K	10x
Short	SoDEX WLD-USD	0.4493	0.0100	get 0.0013% / 1h	21m 10s	$230	$5K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now 0.000%Rate

Funding earned: $0.71
Price spread: 0.000% → 0.000%: $0
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$13.29
Costs to cover: 0.140%
Break-even: 137.3 days

Slippage unknown: Orderly: no order-book sample; SoDEX: no order-book sample. 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 SoDEX no order-book sample	—	—	—	—	—

Orderly and SoDEX: 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 exchanges

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
Nado WLD-PERP	−0.0081%	1h	0.4496	+0.078%	$236K	$172K	5x	as long as short
Gate WLD_USDT	−0.0053%	8h	0.4496	+0.067%	$7.0M	$32.7M	75x	as long as short
Bybit WLDUSDT	−0.0012%	8h	0.4492	−0.022%	$64.2M	$89.5M	50x	as long as short
Kalshi KXWLDPERP	0.0000%	8h	0.4500	+0.156%	$62K	$4.5M	1.7x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4494	+0.022%	$110K	$1.1M	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4496	+0.060%	$65K	—	150x	as long as short
Injective WLD/USDC PERP	+0.0033%	1h	0.4477	−0.356%	$6K	$185K	5.5x	as long as short
01 Exchange WLDUSD	+0.0056%	1h	0.4504	+0.252%	$322	$55	5x	as long as short
Lighter WLD	+0.0096%	1h	0.4499	+0.138%	$4.9M	$3.0M	10x	as long as short
Orderly PERP_WLD_USDClong	+0.0097%	8h	0.4493	long leg	$27K	$410K	10x

Show all 38 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin WLDUSDTM	+0.0098%	8h	0.4494	+0.022%	$6.6M	$11.3M	50x	as long as short
Hyperliquid WLD	+0.0100%	1h	0.4500	+0.147%	$50.0M	$42.2M	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4497	+0.099%	$211K	$983K	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4502	+0.193%	$58K	$540K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4494	+0.022%	$85.5M	$330.1M	75x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4492	−0.022%	$34.0M	$147.7M	50x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4494	+0.022%	$41.0M	$56.9M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4492	−0.022%	$29.6M	$30.9M	75x	as long as short
BingX WLD-USDC	+0.0100%	8h	0.4496	+0.067%	—	$1.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4495	+0.033%	$130K	$277K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4493	−0.009%	$2.1M	$1.5M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4498	+0.106%	$27K	$321K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4502	+0.208%	$592K	$2.2M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4504	+0.245%	$59K	$242K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4491	−0.033%	$49K	$2.6M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4501	+0.178%	$22K	$1.5M	50x	as long as short
SoDEX WLD-USDshort	+0.0100%	1h	0.4493	0.000%	$230	$5K	10x
HTX WLD-USDT	+0.0100%	8h	0.4492	−0.022%	$823K	$1.2M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4495	+0.045%	$1.7M	$3.6M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4491	−0.053%	$212K	$793K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4495	+0.047%	$31K	$500	3x	as long as short
Phoenix WLD	+0.0123%	1h	0.4502	+0.203%	$4K	$43K	10x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4501	+0.185%	—	—	20x	as long as short
Kraken Futures PF_WLDUSD	+0.0203%	1h	0.4496	+0.070%	$881K	$2.7M	50x	as long as short
dYdX WLD-USD	+0.0209%	1h	0.4505	+0.258%	$154K	$31K	10x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0219% / S −0.0967%	1h	0.4495	+0.045%	$4K	—	100x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4496	+0.067%	$4.7M	$974K	75x	as long as short
Coinbase International WLD-PERP-INTX	+0.0416%	1h	0.4507	+0.312%	$277K	$1.5M	50x	as long as short