WLD

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.00 per $10,000 · paid last 24h −0.004%

Price spread now: Backpack against Extended+0.052%7-day average +0.069% · you sell dearer than you buy

Net, funding: paid 7d − costs−$56as in the Funding arb table

Net, price: spread back to 7d avg − costs−$27as in the Price arb table

costs, in and out, $10k−$250.248% of the position

Long on Extended Short on Backpack

What this pair did over the last

the charts below follow

Funding, last 7 days−0.313%−$31 on $10k

Price spread, last 4 days (all we have)−0.036%−$4 · spread now +0.052%, 7d avg +0.069%

Together, before fees−0.349%+ Points / potential airdropExtended: Active · farm board−$35 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended WLD-USD	0.4512	0.0104	pay 0.0013% / 1h	51m 54s	$208K	$876K	10x
Short	Backpack WLD_USDC_PERP	0.4515	0.0100	get 0.0013% / 1h	51m 54s	$131K	$298K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Backpack against Extended. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

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 ExtendedbpFee BackpackbpOrdersPrice spread, now +0.052%Rate

Funding earned: −$0.84
Price spread: +0.052% → +0.069%: −$1.78
Slippage, 4 orders: −$9.8
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Backpack: 5 bp × 2 orders: −$10
Net: −$27.42
Costs to cover: 0.248%
Break-even: never at this rate

Slippage from Extended: live order book, 6 min ago; Backpack: live order book, 46 min ago.

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 Extended live order book, 6 min ago	2.21 bp	4.8 bp −$5	12.3 bp −$123	doesn't fit	doesn't fit
Sell Backpack live order book, 46 min ago	0.44 bp	7.5 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
dYdX WLD-USD	0.0000%	1h	0.4516	+0.083%	$154K	$32K	10x	as long as short
Kalshi KXWLDPERP	0.0000%	8h	0.4518	+0.125%	$36K	$4.6M	1.7x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4511	−0.030%	$119K	$1.0M	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4515	+0.064%	$65K	—	150x	as long as short
Nado WLD-PERP	+0.0015%	1h	0.4515	+0.047%	$234K	$175K	5x	as long as short
Gate WLD_USDT	+0.0048%	8h	0.4512	−0.008%	$7.1M	$34.5M	75x	as long as short
Bybit WLDUSDT	+0.0069%	8h	0.4512	−0.008%	$63.8M	$89.4M	50x	as long as short
Orderly PERP_WLD_USDC	+0.0099%	8h	0.4512	−0.008%	$27K	$630K	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4516	+0.073%	$227K	$1.0M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4517	+0.100%	$54K	$543K	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	0.4514	+0.028%	$86.6M	$333.1M	75x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4515	+0.058%	$34.2M	$149.9M	50x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4514	+0.036%	$41.8M	$55.5M	300x	as long as short
KuCoin WLDUSDTM	+0.0100%	8h	0.4511	−0.030%	$6.6M	$11.6M	50x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4517	+0.103%	$29.8M	$31.0M	75x	as long as short
BingX WLD-USDT	+0.0100%	8h	0.4512	−0.008%	—	$20.2M	—	as long as short
Backpack WLD_USDC_PERPshort	+0.0100%	1h	0.4515	+0.052%	$131K	$298K	10x
Variational Omni WLD	+0.0100%	8h	0.4509	−0.080%	$2.1M	$1.5M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4507	−0.120%	$27K	$320K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4521	+0.193%	$597K	$2.1M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4507	−0.119%	$48K	$237K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4516	+0.091%	$49K	$2.7M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4521	+0.191%	$22K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4510	−0.053%	$215	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4511	−0.030%	$825K	$1.5M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4511	−0.030%	$1.7M	$3.6M	50x	as long as short
Extended WLD-USDlong	+0.0104%	1h	0.4512	long leg	$208K	$876K	10x
Aevo WLD-PERP	+0.0104%	1h	0.4512	−0.018%	$31K	$500	3x	as long as short
Injective WLD/USDC PERP	+0.0109%	1h	0.4508	−0.097%	$6K	$185K	5.5x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4513	+0.009%	—	—	20x	as long as short
Phoenix WLD	+0.0194%	1h	0.4520	+0.169%	$4K	$44K	10x	as long as short
01 Exchange WLDUSD	+0.0200%	1h	0.4520	+0.171%	$323	$55	5x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0219% / S −0.0967%	1h	0.4512	−0.002%	$4K	—	100x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4521	+0.191%	$4.4M	$910K	75x	as long as short
Kraken Futures PF_WLDUSD	+0.0304%	1h	0.4512	−0.004%	$867K	$2.8M	50x	as long as short
Lighter WLD	+0.0304%	1h	0.4516	+0.091%	$4.9M	$2.9M	10x	as long as short
Hyperliquid WLD	+0.0306%	1h	0.4519	+0.138%	$50.1M	$43.1M	10x	as long as short
Coinbase International WLD-PERP-INTX	+0.0440%	1h	0.4523	+0.236%	$269K	$1.6M	50x	as long as short