WLD

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0205%/8h= +22.4% APRnext payment +$0.26 per $10,000 · paid last 24h +0.045%

Price spread now: Injective against Deribit+0.291%63s7-day average +0.170% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Deribit Short on Injective

What this pair did over the last

the charts below follow

Funding, last 7 days+0.112%+$11 on $10k

Price spread, last 4 days (all we have)−0.398%−$40 · spread now +0.291%, 7d avg +0.170%

Together, before fees−0.286%−$29 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Injective is 0.121% dearer against Deribit than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.170%. The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.112% in total (about 5.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.26 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit WLD_USDC-PERPETUAL	0.4464	−0.0198	get 0.0025% / 1h	52m 20s	$101K	$1.1M	25x
Short	Injective WLD/USDC PERP	0.4477	0.0007	get 0.0001% / 1h	52m 20s	$6K	$185K	5.5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against Deribit. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee DeribitbpFee InjectivebpOrdersPrice spread, now +0.291%Rate

Funding earned: $42.99
Price spread: +0.291% → +0.170%: $12.08
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $48.06
Costs to cover: 0.070%
Break-even: from the start

Slippage unknown: Deribit: live order book, 5 min ago; Injective: live order book, 59 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 Deribit live order book, 5 min ago	3.34 bp	6.8 bp −$7	15.0 bp −$150	doesn't fit	doesn't fit
Sell Injective live order book, 59 min ago	65.01 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit

WLD on 38 exchanges

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
Deribit WLD_USDC-PERPETUALlong	−0.0198%	1h	0.4464	long leg	$101K	$1.1M	25x
Kraken Futures PF_WLDUSD	−0.0193%	1h	0.4466	+0.053%	$871K	$2.6M	50x	as long as short
Nado WLD-PERP	−0.0133%	1h	0.4462	−0.050%	$234K	$159K	5x	as long as short
Bybit WLDUSDT	−0.0114%	8h	0.4458	−0.134%	$63.5M	$84.7M	50x	as long as short
Polymarket Perps WLD-USD	−0.0113%	1h	0.4459	−0.121%	$48K	$2.6M	10x	as long as short
Gate WLD_USDT	−0.0087%	8h	0.4464	0.000%	$7.0M	$31.0M	75x	as long as short
01 Exchange WLDUSD	−0.0080%	1h	0.4464	+0.007%	$319	$55	5x	as long as short
Kalshi KXWLDPERP	0.0000%	8h	0.4470	+0.134%	$52K	$4.2M	1.7x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4475	+0.246%	$65K	—	150x	as long as short
Injective WLD/USDC PERPshort	+0.0007%	1h	0.4477	+0.291%	$6K	$185K	5.5x

Show all 38 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX WLD-USD	+0.0015%	1h	0.4468	+0.097%	$153K	$31K	10x	as long as short
Phoenix WLD	+0.0053%	1h	0.4481	+0.374%	$4K	$40K	10x	as long as short
KuCoin WLDUSDTM	+0.0065%	8h	0.4462	−0.045%	$6.5M	$10.3M	50x	as long as short
Orderly PERP_WLD_USDC	+0.0089%	8h	0.4463	−0.022%	$27K	$338K	10x	as long as short
Variational Omni WLD	+0.0094%	8h	0.4473	+0.210%	$2.1M	$1.4M	—	as long as short
Lighter WLD	+0.0096%	1h	0.4467	+0.078%	$4.8M	$3.0M	10x	as long as short
Hyperliquid WLD	+0.0100%	1h	0.4467	+0.074%	$49.3M	$28.7M	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4467	+0.075%	$210K	$884K	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4471	+0.157%	$58K	$498K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4462	−0.045%	$84.8M	$312.0M	75x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4459	−0.112%	$33.8M	$140.6M	50x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4464	0.000%	$41.9M	$54.2M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4464	0.000%	$29.6M	$28.5M	75x	as long as short
BingX WLD-USDT	+0.0100%	8h	0.4464	0.000%	—	$55.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4473	+0.195%	$129K	$274K	10x	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4484	+0.442%	$27K	$321K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4480	+0.358%	$593K	$2.2M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4481	+0.381%	$59K	$242K	50x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4469	+0.112%	$22K	$1.4M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4474	+0.224%	$231	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4464	0.000%	$819K	$1.2M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4465	+0.022%	$1.7M	$3.6M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4462	−0.055%	$211K	$659K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4465	+0.012%	$30K	$500	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4461	−0.069%	—	—	20x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0218% / S −0.0967%	1h	0.4463	−0.021%	$4K	—	100x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4472	+0.179%	$4.7M	$901K	75x	as long as short
Coinbase International WLD-PERP-INTX	+0.0344%	1h	0.4465	+0.022%	$271K	$973K	50x	as long as short