Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.004%
Price spread now: Backpack against SunX−0.174%7-day average −0.123% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.027%−$3 on $10k
+Price spread, last 4 days (all we have)−0.732%−$73 · spread now −0.174%, 7d avg −0.123%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Backpack is 0.051% cheaper against SunX than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.123%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX WLD-USDT | 0.4657 | 0.0100 | pay 0.0100% / 8h | 5h 19m | $23K | $1.6M | 50x |
| Short | Backpack WLD_USDC_PERP | 0.4649 | 0.0100 | get 0.0013% / 1h | 19m 33s | $135K | $293K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Backpack against SunX. 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
- Price spread: −0.174% → −0.123%
- −$5.11
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$23.11
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: SunX: live order book, 6 min ago; Backpack: live order book, 44 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 SunX live order book, 6 min ago | 501.61 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Backpack live order book, 44 min ago | 0.86 bp | 10.4 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
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 | −0.0126% | 8h | 0.4661 | +0.086% | $57K | $4.6M | 1.7x | as long as short |
| KuCoin WLDUSDTM | −0.0026% | 8h | 0.4650 | −0.150% | $7.1M | $11.6M | 50x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4652 | −0.117% | $166K | $26K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4652 | −0.107% | $120K | $918K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4653 | −0.088% | $56K | — | 150x | as long as short |
| Nado WLD-PERP | +0.0011% | 1h | 0.4656 | −0.011% | $269K | $187K | 5x | as long as short |
| 01 Exchange WLDUSD | +0.0064% | 1h | 0.4654 | −0.071% | $333 | $80 | 5x | as long as short |
| Orderly PERP_WLD_USDC | +0.0075% | 8h | 0.4651 | −0.129% | $28K | $892K | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4654 | −0.061% | $175K | $1.0M | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4653 | −0.095% | $49K | $511K | 5x | as long as short |
Show all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance WLDUSDT | +0.0100% | 8h | 0.4654 | −0.064% | $88.3M | $325.9M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4653 | −0.086% | $66.5M | $88.1M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4656 | −0.021% | $35.1M | $150.3M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4652 | −0.107% | $7.3M | $37.0M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4652 | −0.107% | $46.0M | $54.6M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4653 | −0.086% | $30.7M | $29.5M | 75x | as long as short |
| BingX WLD-USDT | +0.0100% | 8h | 0.4651 | −0.129% | — | $67.2M | — | as long as short |
| Backpack WLD_USDC_PERPshort | +0.0100% | 1h | 0.4649 | −0.174% | $135K | $293K | 10x | |
| Variational Omni WLD | +0.0100% | 8h | 0.4658 | +0.014% | $2.2M | $1.7M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4660 | +0.056% | $28K | $319K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4667 | +0.225% | $622K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4663 | +0.129% | $51K | $236K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4652 | −0.107% | $55K | $2.0M | 10x | as long as short |
| SunX WLD-USDTlong | +0.0100% | 8h | 0.4657 | long leg | $23K | $1.6M | 50x | |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4649 | −0.172% | $179 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4653 | −0.086% | $853K | $1.9M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4649 | −0.172% | $1.8M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4652 | −0.101% | $214K | $929K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4650 | −0.150% | $32K | $600 | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4650 | −0.159% | — | — | 20x | as long as short |
| Lighter WLD | +0.0152% | 1h | 0.4658 | +0.028% | $5.1M | $2.3M | 10x | as long as short |
| Phoenix WLD | +0.0172% | 1h | 0.4661 | +0.075% | $5K | $57K | 10x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4661 | +0.086% | $5.0M | $809K | 75x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0230% / S −0.1268% | 1h | 0.4652 | −0.117% | $5K | — | 100x | as long as short |
| Hyperliquid WLD | +0.0475% | 1h | 0.4657 | +0.009% | $51.8M | $42.6M | 10x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0480% | 1h | 0.4666 | +0.193% | $276K | $1.7M | 50x | as long as short |
| Injective WLD/USDC PERP | +0.0677% | 1h | 0.4616 | −0.880% | $6K | $185K | 5.5x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0890% | 1h | 0.4651 | −0.119% | $900K | $2.9M | 50x | as long as short |
SunX WLD-USDT
Backpack WLD_USDC_PERP
Kalshi KXWLDPERP
KuCoin WLDUSDTM
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
01 Exchange WLDUSD
Aster WLDUSDT
Pacifica WLD
Binance WLDUSDT
Bybit WLDUSDT
OKX WLD-USDT-SWAP
Gate WLD_USDT
MEXC WLD_USDT
Bitget WLDUSDT
BingX WLD-USDT
Variational Omni WLD
edgeX WLDUSDC
GRVT WLD_USDT_Perp
ApeX Omni WLDUSDT
Polymarket Perps WLD-USD
SoDEX WLD-USD
HTX WLD-USDT
Phemex WLDUSDT
Extended WLD-USD
Lighter WLD
Phoenix WLD
BloFin WLD-USDT
GMX WLD/USD [ETH-USDC]
Hyperliquid WLD
Coinbase International WLD-PERP-INTX
Injective WLD/USDC PERP
Kraken Futures PF_WLDUSD