Funding you earn now, next payment 00:00 UTC+0.0040%/8h= +4.4% APRnext payment +$0.40 per $10,000 · paid last 24h +0.001%
Price spread now: Orderly against Variational Omni−0.248%7-day average +0.012% · 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)−0.023%−$2 on $10k
+Price spread, last 3 days (all we have)+0.945%+$95 · spread now −0.248%, 7d avg +0.012%
=Together, before fees+0.923%+ Points / potential airdropVariational Omni: Active · farm board+$92 on $10k · with fees, hour by hour
Funding pays, the price is against you. Orderly is 0.260% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.248% now, against its 7-day average of +0.012%). If the spread goes back, that is −$26 on $10k: about 22 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni WLD | 0.4630 | −0.0069 | get 0.0069% / 8h | 2h 55m | $2.1M | $1.7M | — |
| Short | Orderly PERP_WLD_USDC | 0.4619 | −0.0029 | pay 0.0029% / 8h | 2h 55m | $28K | $921K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- $8.41
- Price spread: −0.248% → +0.012%
- −$25.98
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$23.57
- Costs to cover
- 0.060%
- Break-even
- 26.6 days
Slippage unknown: Variational Omni: RFQ quote, 4 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 Variational Omni RFQ quote, 4 min ago | 5.39 bp | doesn't fit | 14.0 bp −$140 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kalshi KXWLDPERP | −0.0340% | 8h | 0.4618 | −0.269% | $31K | $3.7M | 1.7x | as long as short |
| Phoenix WLD | −0.0091% | 1h | 0.4637 | +0.150% | $5K | $52K | 10x | as long as short |
| Variational Omni WLDlong | −0.0069% | 8h | 0.4630 | long leg | $2.1M | $1.7M | — | |
| Orderly PERP_WLD_USDCshort | −0.0029% | 8h | 0.4619 | −0.248% | $28K | $921K | 10x | |
| dYdX WLD-USD | 0.0000% | 1h | 0.4625 | −0.119% | $158K | $6K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4621 | −0.205% | $156K | $781K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4618 | −0.259% | $57K | — | 150x | as long as short |
| KuCoin WLDUSDTM | +0.0013% | 8h | 0.4615 | −0.334% | $7.0M | $10.7M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0033% | 8h | 0.4614 | −0.356% | $34.9M | $138.0M | 50x | as long as short |
| Bybit WLDUSDT | +0.0055% | 8h | 0.4618 | −0.269% | $67.9M | $78.5M | 50x | as long as short |
Show all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado WLD-PERP | +0.0076% | 1h | 0.4619 | −0.237% | $357K | $127K | 5x | as long as short |
| MEXC WLD_USDT | +0.0084% | 8h | 0.4618 | −0.269% | $54.5M | $46.0M | 300x | as long as short |
| Binance WLDUSDT | +0.0087% | 8h | 0.4619 | −0.248% | $88.4M | $288.4M | 75x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4617 | −0.288% | $211K | $977K | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4624 | −0.144% | $55K | $475K | 5x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4617 | −0.291% | $7.6M | $33.8M | 75x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4616 | −0.313% | $30.5M | $24.9M | 75x | as long as short |
| BingX WLD-USDT | +0.0100% | 8h | 0.4616 | −0.313% | — | $67.9M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4619 | −0.256% | $131K | $282K | 10x | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4629 | −0.027% | $27K | $314K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4633 | +0.062% | $627K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4632 | +0.033% | $55K | $227K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4617 | −0.302% | $57K | $1.7M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4621 | −0.205% | $23K | $1.5M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4620 | −0.226% | $201 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4618 | −0.269% | $869K | $1.7M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4620 | −0.226% | $1.9M | $3.8M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4619 | −0.259% | $135K | $744K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4621 | −0.205% | $31K | $5K | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4615 | −0.332% | — | — | 20x | as long as short |
| BloFin WLD-USDT | +0.0207% | 8h | 0.4616 | −0.313% | $5.0M | $884K | 75x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0223% / S −0.1831% | 1h | 0.4618 | −0.264% | $9K | — | 100x | as long as short |
| 01 Exchange WLDUSD | +0.0240% | 1h | 0.4628 | −0.045% | $331 | $77 | 5x | as long as short |
| Injective WLD/USDC PERP | +0.0374% | 1h | 0.4622 | −0.183% | $6K | $139K | 5.5x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0400% | 1h | 0.4628 | −0.053% | $280K | $1.6M | 50x | as long as short |
| Hyperliquid WLD | +0.0409% | 1h | 0.4620 | −0.220% | $48.0M | $40.5M | 10x | as long as short |
| Lighter WLD | +0.0880% | 1h | 0.4629 | −0.034% | $5.1M | $1.9M | 10x | as long as short |
| Kraken Futures PF_WLDUSD | +0.1079% | 1h | 0.4622 | −0.181% | $927K | $2.5M | 50x | as long as short |
Variational Omni WLD
Kalshi KXWLDPERP
Phoenix WLD
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
KuCoin WLDUSDTM
OKX WLD-USDT-SWAP
Bybit WLDUSDT
MEXC WLD_USDT
Binance WLDUSDT
Aster WLDUSDT
Pacifica WLD
Gate 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
BloFin WLD-USDT
GMX WLD/USD [ETH-USDC]
01 Exchange WLDUSD
Injective WLD/USDC PERP
Coinbase International WLD-PERP-INTX
Hyperliquid WLD
Lighter WLD
Kraken Futures PF_WLDUSD