Funding you earn now, next payment 00:00 UTC+0.0072%/8h= +7.9% APRnext payment +$0.72 per $10,000 · paid last 24h −0.001%
Price spread now: Variational Omni against Orderly+0.218%7-day average −0.014% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.023%+$2 on $10k
+Price spread, last 3 days (all we have)−0.498%−$50 · spread now +0.218%, 7d avg −0.014%
=Together, before fees−0.475%+ Points / potential airdropVariational Omni: Active · farm board−$48 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Variational Omni is 0.232% dearer against Orderly than usual: you sell high and buy low: +$23 more if the spread goes back to its 7-day average of −0.014%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_WLD_USDC | 0.4576 | 0.0028 | pay 0.0028% / 8h | 30m 15s | $28K | $909K | 10x |
| Short | Variational Omni WLD | 0.4586 | 0.0100 | get 0.0100% / 8h | 30m 15s | $2.1M | $1.6M | — |
Orderly PERP_WLD_USDC
Variational Omni WLDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- $15.08
- Price spread: +0.218% → −0.014%
- $23.18
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $32.26
- Costs to cover
- 0.060%
- Break-even
- from the start
Slippage unknown: Orderly: no order-book sample; Variational Omni: RFQ quote, 4 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 Variational Omni RFQ quote, 4 min ago | 4.37 bp | doesn't fit | 15.3 bp −$153 | doesn't fit | 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 | −0.0204% | 8h | 0.4581 | +0.109% | $64K | $3.9M | 1.7x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4584 | +0.171% | $164K | $13K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4578 | +0.044% | $112K | $885K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4577 | +0.027% | $56K | — | 150x | as long as short |
| KuCoin WLDUSDTM | +0.0013% | 8h | 0.4579 | +0.066% | $7.0M | $11.0M | 50x | as long as short |
| Orderly PERP_WLD_USDClong | +0.0028% | 8h | 0.4576 | long leg | $28K | $909K | 10x | |
| Nado WLD-PERP | +0.0052% | 1h | 0.4581 | +0.098% | $276K | $169K | 5x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4579 | +0.056% | $189K | $1.0M | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4582 | +0.131% | $53K | $483K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4576 | −0.008% | $86.3M | $301.5M | 75x | as long as short |
Kalshi KXWLDPERP
dYdX WLD-USD
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
KuCoin WLDUSDTM
Nado WLD-PERP
Aster WLDUSDT
Pacifica WLD
Binance WLDUSDTShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit WLDUSDT | +0.0100% | 8h | 0.4576 | 0.000% | $65.5M | $82.7M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4576 | 0.000% | $34.2M | $142.7M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4577 | +0.022% | $7.4M | $35.6M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4581 | +0.109% | $45.8M | $52.9M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4576 | 0.000% | $30.2M | $25.9M | 75x | as long as short |
| BingX WLD-USDT | +0.0100% | 8h | 0.4577 | +0.022% | — | $67.1M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4586 | +0.214% | $129K | $272K | 10x | as long as short |
| Variational Omni WLDshort | +0.0100% | 8h | 0.4586 | +0.218% | $2.1M | $1.6M | — | |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4578 | +0.054% | $27K | $317K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4580 | +0.092% | $618K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4583 | +0.153% | $55K | $228K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4584 | +0.179% | $45K | $1.6M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4581 | +0.109% | $23K | $1.5M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4576 | 0.000% | $210 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4577 | +0.022% | $852K | $1.8M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4577 | +0.022% | $1.8M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4577 | +0.015% | $234K | $845K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4578 | +0.054% | $31K | $5K | 3x | as long as short |
| Phoenix WLD | +0.0104% | 1h | 0.4581 | +0.116% | $5K | $53K | 10x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4581 | +0.108% | — | — | 20x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4589 | +0.284% | $4.9M | $825K | 75x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0229% / S −0.1268% | 1h | 0.4577 | +0.016% | $5K | — | 100x | as long as short |
| 01 Exchange WLDUSD | +0.0272% | 1h | 0.4585 | +0.197% | $328 | $77 | 5x | as long as short |
| Injective WLD/USDC PERP | +0.0373% | 1h | 0.4592 | +0.350% | $6K | $185K | 5.5x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0440% | 1h | 0.4582 | +0.131% | $270K | $1.6M | 50x | as long as short |
| Hyperliquid WLD | +0.0501% | 1h | 0.4588 | +0.269% | $49.7M | $43.0M | 10x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0718% | 1h | 0.4578 | +0.045% | $905K | $2.7M | 50x | as long as short |
| Lighter WLD | +0.1448% | 1h | 0.4585 | +0.201% | $5.2M | $2.0M | 10x | as long as short |
Bybit WLDUSDT
OKX WLD-USDT-SWAP
Gate WLD_USDT
MEXC WLD_USDT
Bitget WLDUSDT
BingX WLD-USDT
Backpack WLD_USDC_PERP
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
BloFin WLD-USDT
GMX WLD/USD [ETH-USDC]
01 Exchange WLDUSD
Injective WLD/USDC PERP
Coinbase International WLD-PERP-INTX
Hyperliquid WLD
Kraken Futures PF_WLDUSD
Lighter WLD