Funding you earn now, next payment 08:00 UTC−0.0001%/8h= −0.2% APRnext payment −$0.01 per $10,000 · paid last 24h −0.026%
Price spread now: Orderly against Phemex0.000%7-day average −0.008% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.147%−$15 on $10k
+Price spread, last 4 days (all we have)+0.004%$0 · spread now 0.000%, 7d avg −0.008%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex WLDUSDT | 0.4543 | 0.0100 | pay 0.0100% / 8h | 41m 11s | $1.7M | $3.6M | 50x |
| Short | Orderly PERP_WLD_USDC | 0.4543 | 0.0099 | get 0.0099% / 8h | 41m 11s | $27K | $714K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against Phemex. 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
- −$0.3
- Price spread: 0.000% → −0.008%
- $0.79
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$17.51
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Phemex: live order book, 3 min ago; Orderly: 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 Phemex live order book, 3 min ago | 8.81 bp | 47.8 bp −$48 | doesn't fit | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
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 | |
|---|---|---|---|---|---|---|---|---|
| Injective WLD/USDC PERP | −0.0309% | 1h | 0.4524 | −0.418% | $6K | $185K | 5.5x | as long as short |
| Nado WLD-PERP | −0.0053% | 1h | 0.4545 | +0.033% | $237K | $167K | 5x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4545 | +0.046% | $155K | $32K | 10x | as long as short |
| Kalshi KXWLDPERP | 0.0000% | 8h | 0.4548 | +0.110% | $44K | $4.7M | 1.7x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4544 | +0.022% | $141K | $979K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4543 | −0.003% | $66K | — | 150x | as long as short |
| Orderly PERP_WLD_USDCshort | +0.0099% | 8h | 0.4543 | 0.000% | $27K | $714K | 10x | |
| Aster WLDUSDT | +0.0100% | 8h | 0.4544 | +0.022% | $227K | $1.0M | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4546 | +0.068% | $49K | $532K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4543 | 0.000% | $87.1M | $333.6M | 75x | as long as short |
Show all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit WLDUSDT | +0.0100% | 8h | 0.4542 | −0.022% | $64.6M | $89.2M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4541 | −0.044% | $34.4M | $152.1M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4542 | −0.022% | $7.2M | $35.6M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4543 | 0.000% | $41.6M | $56.2M | 300x | as long as short |
| KuCoin WLDUSDTM | +0.0100% | 8h | 0.4542 | −0.022% | $6.7M | $11.6M | 50x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4544 | +0.022% | $30.1M | $30.9M | 75x | as long as short |
| BingX WLD-USDC | +0.0100% | 8h | 0.4544 | +0.022% | — | $1.3M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4548 | +0.108% | $132K | $298K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4547 | +0.080% | $2.1M | $1.6M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4541 | −0.046% | $27K | $319K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4546 | +0.067% | $607K | $2.1M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4541 | −0.044% | $48K | $239K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4544 | +0.020% | $50K | $2.7M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4550 | +0.154% | $23K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4543 | 0.000% | $217 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4542 | −0.022% | $830K | $1.5M | 50x | as long as short |
| Phemex WLDUSDTlong | +0.0100% | 8h | 0.4543 | long leg | $1.7M | $3.6M | 50x | |
| Extended WLD-USD | +0.0104% | 1h | 0.4541 | −0.038% | $210K | $913K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4544 | +0.017% | $31K | $500 | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4541 | −0.050% | — | — | 20x | as long as short |
| Lighter WLD | +0.0160% | 1h | 0.4548 | +0.110% | $4.9M | $2.9M | 10x | as long as short |
| Phoenix WLD | +0.0177% | 1h | 0.4553 | +0.220% | $5K | $43K | 10x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0219% / S −0.0967% | 1h | 0.4542 | −0.033% | $4K | — | 100x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4543 | 0.000% | $4.8M | $908K | 75x | as long as short |
| 01 Exchange WLDUSD | +0.0232% | 1h | 0.4547 | +0.088% | $325 | $55 | 5x | as long as short |
| Hyperliquid WLD | +0.0434% | 1h | 0.4550 | +0.158% | $50.5M | $43.9M | 10x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0448% | 1h | 0.4547 | +0.088% | $273K | $1.6M | 50x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0455% | 1h | 0.4544 | +0.030% | $871K | $2.8M | 50x | as long as short |
Phemex WLDUSDT
Injective WLD/USDC PERP
Kalshi KXWLDPERP
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
Aster WLDUSDT
Pacifica WLD
Binance WLDUSDT
Bybit WLDUSDT
OKX WLD-USDT-SWAP
Gate WLD_USDT
MEXC WLD_USDT
KuCoin WLDUSDTM
Bitget WLDUSDT
BingX WLD-USDC
Backpack WLD_USDC_PERP
Variational Omni WLD
edgeX WLDUSDC
GRVT WLD_USDT_Perp
ApeX Omni WLDUSDT
Polymarket Perps WLD-USD
SunX WLD-USDT
SoDEX WLD-USD
HTX WLD-USDT
Extended WLD-USD
Lighter WLD
Phoenix WLD
GMX WLD/USD [ETH-USDC]
BloFin WLD-USDT
01 Exchange WLDUSD
Hyperliquid WLD
Coinbase International WLD-PERP-INTX
Kraken Futures PF_WLDUSD