WLD

Alert

Funding spread now, next payment 17:00 UTC+0.0213%/8h

next payment, per $10,000+$0.27paid, last 24h+0.022%paid, last 7 days+0.004%to open and close $10k−$56

Long on Backpack Short on Coinbase International

The current rate is far above what this pair has been paying: over the last 7 days it paid 0.004% in total (about 0.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.27 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Backpack WLD_USDC_PERP	0.4365	0.0083	pay 0.0010% / 1h	35m 39s	$130K	$291K	10x
Short	Coinbase International WLD-PERP-INTX	0.4362	0.0296	get 0.0037% / 1h	35m 39s	$263K	$1.5M	50x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee BackpackbpFee Coinbase InternationalbpOrdersRate

Funding earned: $44.68
Slippage, 4 orders: −$36.24
Fee Backpack: 5 bp × 2 orders: −$10
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$11.55
Break-even: 8.8 days

Slippage from Backpack: live order book, 4 min ago; Coinbase International: live order book, 4 min ago.

Price risk

price view

Price gap now: −0.057%
Avg gap 7d: +0.032%

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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 Backpack live order book, 4 min ago	2.07 bp	8.0 bp −$8	doesn't fit	doesn't fit	doesn't fit
Sell Coinbase International live order book, 4 min ago	6.89 bp	18.6 bp −$19	21.0 bp −$210	doesn't fit	doesn't fit

WLD on 37 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Bybit WLDUSDT	−0.0257%	8h	$62.4M	$70.3M	50x	as long as short
Variational Omni WLD	−0.0217%	8h	$2.0M	$1.6M	—	as long as short
Kalshi KXWLDPERP	−0.0166%	8h	$82K	$3.5M	1.7x	as long as short
Gate WLD_USDT	−0.0116%	8h	$7.2M	$32.0M	75x	as long as short
Phoenix WLD	−0.0091%	1h	$2K	$50K	10x	as long as short
Binance WLDUSDT	−0.0059%	8h	$78.9M	$263.0M	75x	as long as short
MEXC WLD_USDT	−0.0059%	8h	$42.8M	$43.1M	300x	as long as short
Nado WLD-PERP	−0.0049%	1h	$341K	$187K	5x	as long as short
Orderly PERP_WLD_USDC	−0.0040%	8h	$27K	$938K	10x	as long as short
KuCoin WLDUSDTM	−0.0033%	8h	$7.1M	$10.3M	50x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
OKX WLD-USDT-SWAP	−0.0031%	8h	$33.3M	$125.0M	50x	as long as short
01 Exchange WLDUSD	0.0000%	1h	$313	$77	5x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	$111K	$770K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	$56K	—	150x	as long as short
dYdX WLD-USD	+0.0004%	1h	$150K	$4K	10x	as long as short
Extended WLD-USD	+0.0056%	1h	$148K	$575K	10x	as long as short
BloFin WLD-USDT	+0.0061%	8h	$4.8M	$1.0M	75x	as long as short
Aevo WLD-PERP	+0.0064%	1h	$30K	$5K	3x	as long as short
BingX WLD-USDT	+0.0075%	8h	—	$68.1M	—	as long as short
Bitget WLDUSDT	+0.0078%	8h	$28.4M	$24.0M	75x	as long as short
Backpack WLD_USDC_PERPlong	+0.0083%	1h	$130K	$291K	10x
Lighter WLD	+0.0096%	1h	$4.7M	$1.2M	10x	as long as short
Hyperliquid WLD	+0.0100%	1h	$44.3M	$36.0M	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	$227K	$928K	50x	as long as short
Pacifica WLD	+0.0100%	1h	$62K	$482K	5x	as long as short
edgeX WLDUSDC	+0.0100%	4h	$26K	$314K	20x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	$62K	$220K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	$40K	$1.8M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	$22K	$1.4M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	$189	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	$812K	$1.6M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	$1.8M	$3.8M	50x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	—	—	20x	as long as short
Kraken Futures PF_WLDUSD	+0.0169%	1h	$883K	$2.3M	50x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0186% / S −0.1014%	1h	$5K	—	100x	as long as short
Injective WLD/USDC PERP	+0.0217%	1h	$6K	$193	5.5x	as long as short
Coinbase International WLD-PERP-INTXshort	+0.0296%	1h	$263K	$1.5M	50x