Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.023%
Price spread now: Backpack against Variational Omni−0.061%7-day average +0.065% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.018%+$2 on $10k
+Price spread, last 4 days (all we have)+0.870%+$87 · spread now −0.061%, 7d avg +0.065%
=Together, before fees+0.888%+ Points / potential airdropVariational Omni: Active · farm board+$89 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Backpack is 0.126% cheaper against Variational Omni than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of +0.065%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni WLD | 0.4706 | 0.0100 | pay 0.0100% / 8h | 6h 50m | $2.1M | $1.7M | — |
| Short | Backpack WLD_USDC_PERP | 0.4703 | 0.0100 | get 0.0013% / 1h | 50m 58s | $140K | $285K | 10x |
Variational Omni WLD
Backpack WLD_USDC_PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Backpack against Variational Omni. 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: −0.061% → +0.065%
- −$12.64
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$22.64
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; Backpack: live order book, 17 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 Variational Omni RFQ quote, 3 min ago | 4.30 bp | doesn't fit | 21.5 bp −$215 | doesn't fit | doesn't fit |
| Sell Backpack live order book, 17 min ago | 0.42 bp | 7.2 bp −$7 | 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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni WLDUSDT | −0.0349% | 1h | 0.4701 | −0.101% | $51K | $243K | 50x | as long as short |
| Injective WLD/USDC PERP | −0.0235% | 1h | 0.4675 | −0.654% | $6K | $185K | 5.5x | as long as short |
| Kalshi KXWLDPERP | −0.0156% | 8h | 0.4697 | −0.186% | $29K | $4.2M | 1.7x | as long as short |
| KuCoin WLDUSDTM | −0.0027% | 8h | 0.4706 | +0.005% | $7.0M | $11.4M | 50x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4695 | −0.236% | $160K | $19K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4700 | −0.123% | $132K | $909K | 25x | as long as short |
| Nado WLD-PERP | +0.0001% | 1h | 0.4705 | −0.022% | $273K | $178K | 5x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4700 | −0.123% | $67K | — | 150x | as long as short |
| Orderly PERP_WLD_USDC | +0.0053% | 8h | 0.4700 | −0.123% | $29K | $899K | 10x | as long as short |
| Phoenix WLD | +0.0068% | 1h | 0.4715 | +0.194% | $5K | $54K | 10x | as long as short |
ApeX Omni WLDUSDT
Injective WLD/USDC PERP
Kalshi KXWLDPERP
KuCoin WLDUSDTM
dYdX WLD-USD
Deribit WLD_USDC-PERPETUAL
Nado WLD-PERP
gTrade (Gains Network) WLD/USD
Orderly PERP_WLD_USDC
Phoenix WLDShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster WLDUSDT | +0.0100% | 8h | 0.4705 | −0.018% | $182K | $1.0M | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4695 | −0.222% | $55K | $487K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4712 | +0.132% | $90.0M | $318.6M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4712 | +0.132% | $67.8M | $85.5M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4714 | +0.175% | $35.5M | $152.6M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4709 | +0.069% | $7.5M | $36.6M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4707 | +0.026% | $48.1M | $54.6M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4714 | +0.175% | $31.5M | $28.4M | 75x | as long as short |
| BingX WLD-USDT | +0.0100% | 8h | 0.4711 | +0.111% | — | $67.5M | — | as long as short |
| Backpack WLD_USDC_PERPshort | +0.0100% | 1h | 0.4703 | −0.061% | $140K | $285K | 10x | |
| Variational Omni WLDlong | +0.0100% | 8h | 0.4706 | long leg | $2.1M | $1.7M | — | |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4688 | −0.368% | $28K | $317K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4708 | +0.040% | $623K | $1.9M | 10x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4708 | +0.041% | $69K | $1.9M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4714 | +0.175% | $24K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4703 | −0.059% | $226 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4702 | −0.080% | $890K | $1.9M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4702 | −0.080% | $1.9M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4707 | +0.020% | $216K | $879K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4702 | −0.091% | $32K | $600 | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4705 | −0.016% | — | — | 20x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4696 | −0.208% | $5.0M | $878K | 75x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0239% / S −0.1538% | 1h | 0.4702 | −0.089% | $6K | — | 100x | as long as short |
| 01 Exchange WLDUSD | +0.0312% | 1h | 0.4713 | +0.164% | $337 | $77 | 5x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0456% | 1h | 0.4706 | +0.005% | $277K | $1.7M | 50x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0636% | 1h | 0.4706 | +0.013% | $934K | $2.8M | 50x | as long as short |
| Hyperliquid WLD | +0.0715% | 1h | 0.4709 | +0.064% | $52.7M | $44.4M | 10x | as long as short |
| Lighter WLD | +0.0800% | 1h | 0.4713 | +0.162% | $5.3M | $2.1M | 10x | as long as short |
Aster WLDUSDT
Pacifica WLD
Binance WLDUSDT
Bybit WLDUSDT
OKX WLD-USDT-SWAP
Gate WLD_USDT
MEXC WLD_USDT
Bitget WLDUSDT
BingX WLD-USDT
edgeX WLDUSDC
GRVT WLD_USDT_Perp
Polymarket Perps WLD-USD
SunX WLD-USDT
SoDEX WLD-USD
HTX WLD-USDT
Phemex WLDUSDT
Extended WLD-USD
Aevo WLD-PERP
Reya WLDRUSDPERP
BloFin WLD-USDT
GMX WLD/USD [ETH-USDC]
01 Exchange WLDUSD
Coinbase International WLD-PERP-INTX
Kraken Futures PF_WLDUSD
Hyperliquid WLD
Lighter WLD