Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0242%/8h= +26.5% APRpaid last 24h −0.046%

Price spread now: 01 Exchange against Orderly+0.007%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 01 Exchange

What this pair did over the last

the charts below follow

Funding, last 3 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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$7 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_WLD_USDC	0.4574	0.0006	pay 0.0006% / 8h	1h 10m	$28K	$912K	10x
Short	01 Exchange WLDUSD	0.4574	0.0248	get 0.0031% / 1h	10m 55s	$327	$77	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange 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 01 ExchangebpOrdersPrice spread, now +0.007%Rate

Funding earned: $50.86
Price spread: +0.007% → 0.000%: $0.66
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: $38.52
Costs to cover: 0.130%
Break-even: 1.7 days

Slippage unknown: Orderly: no order-book sample; 01 Exchange: 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 01 Exchange no order-book sample	—	—	—	—	—

Orderly and 01 Exchange: 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	−0.0295%	8h	0.4572	−0.044%	$61K	$3.8M	1.7x	as long as short
Injective WLD/USDC PERP	−0.0079%	1h	0.4578	+0.087%	$6K	$185K	5.5x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4572	−0.036%	$163K	$13K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4574	0.000%	$108K	$900K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4574	+0.001%	$57K	—	150x	as long as short
Orderly PERP_WLD_USDClong	+0.0006%	8h	0.4574	long leg	$28K	$912K	10x
KuCoin WLDUSDTM	+0.0008%	8h	0.4572	−0.044%	$7.0M	$10.8M	50x	as long as short
Nado WLD-PERP	+0.0048%	1h	0.4572	−0.055%	$275K	$169K	5x	as long as short
Variational Omni WLD	+0.0094%	8h	0.4568	−0.133%	$2.1M	$1.6M	—	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4574	0.000%	$194K	$999K	50x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica WLD	+0.0100%	1h	0.4573	−0.022%	$53K	$481K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4575	+0.015%	$86.5M	$297.0M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4574	0.000%	$65.4M	$82.0M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4574	0.000%	$34.2M	$141.2M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4572	−0.044%	$7.4M	$35.4M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4576	+0.044%	$49.1M	$52.1M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4574	0.000%	$30.2M	$25.5M	75x	as long as short
BingX WLD-USDC	+0.0100%	8h	0.4573	−0.022%	—	$1.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4575	+0.015%	$129K	$269K	10x	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4566	−0.179%	$27K	$315K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4572	−0.044%	$614K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4565	−0.197%	$55K	$227K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4575	+0.013%	$41K	$1.6M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4577	+0.066%	$23K	$1.5M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4573	−0.022%	$203	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4568	−0.131%	$862K	$1.8M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4572	−0.044%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4574	−0.010%	$240K	$855K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4576	+0.033%	$31K	$5K	3x	as long as short
Phoenix WLD	+0.0124%	1h	0.4576	+0.050%	$5K	$53K	10x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4572	−0.046%	—	—	20x	as long as short
Kraken Futures PF_WLDUSD	+0.0186%	1h	0.4576	+0.033%	$912K	$2.6M	50x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4569	−0.109%	$4.9M	$812K	75x	as long as short
01 Exchange WLDUSDshort	+0.0248%	1h	0.4574	+0.007%	$327	$77	5x
GMX WLD/USD [ETH-USDC]	L +0.0260% / S −0.2221%	1h	0.4574	−0.010%	$9K	—	100x	as long as short
Coinbase International WLD-PERP-INTX	+0.0424%	1h	0.4577	+0.066%	$270K	$1.6M	50x	as long as short
Hyperliquid WLD	+0.0691%	1h	0.4580	+0.120%	$49.7M	$43.2M	10x	as long as short
Lighter WLD	+0.1000%	1h	0.4584	+0.225%	$5.2M	$2.1M	10x	as long as short