Settings8H · net · $10k
Funding arb · Price arb /

WLD

all WLD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0099%/8h= −10.8% APRpaid last 24h 0.000%
Price spread now: dYdX against Orderly+0.057%7-day average +0.017% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.054%−$5 on $10k
Price spread, last 4 days (all we have)−0.218%−$22 · spread now +0.057%, 7d avg +0.017%
Together, before fees−0.272%−$27 on $10k · with fees, hour by hour
The price spread pays, funding is against you. dYdX is 0.039% dearer against Orderly than usual: you sell high and buy low (spread +0.057% now, against its 7-day average of +0.017%): +$4 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 32 hours. At the pace of the last 7 days (−0.054% in total) that is about 5.1 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_WLD_USDC0.45620.0099pay 0.0099% / 8h2h 02m$27K$790K10x
ShortdYdX WLD-USD0.45650get 0.0000% / 1h2m 02s$156K$33K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against Orderly. 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

Funding earned
−$20.73
Price spread: +0.057% → +0.017%
$3.93
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$32.8
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; dYdX: live order book, 47 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Orderly no order-book sample
Sell dYdX live order book, 47 min ago102.77 bp107.8 bp −$108111.5 bp −$1,115175.6 bp −$17.6K368.8 bp −$184.4K
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado WLD-PERP−0.0035%1h0.4561−0.011%$240K$170K5xas long as short
dYdX WLD-USDshort0.0000%1h0.4565+0.057%$156K$33K10x
Kalshi KXWLDPERP0.0000%8h0.4561−0.022%$53K$4.8M1.7xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4562+0.002%$66K150xas long as short
KuCoin WLDUSDTM+0.0073%8h0.4563+0.022%$6.8M$11.9M50xas long as short
01 Exchange WLDUSD+0.0080%1h0.4565+0.075%$327$555xas long as short
Orderly PERP_WLD_USDClong+0.0099%8h0.4562long leg$27K$790K10x
Aster WLDUSDT+0.0100%8h0.4565+0.058%$228K$1.1M50xas long as short
Pacifica WLD+0.0100%1h0.4565+0.062%$51K$538K5xas long as short
Binance WLDUSDT+0.0100%8h0.45620.000%$86.9M$339.4M75xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit WLDUSDT+0.0100%8h0.45620.000%$65.1M$91.7M50xas long as short
OKX WLD-USDT-SWAP+0.0100%8h0.4560−0.044%$34.6M$156.1M50xas long as short
Gate WLD_USDT+0.0100%8h0.4563+0.022%$7.2M$37.9M75xas long as short
MEXC WLD_USDT+0.0100%8h0.45620.000%$40.5M$57.2M300xas long as short
Bitget WLDUSDT+0.0100%8h0.45620.000%$30.1M$31.4M75xas long as short
BingX WLD-USDT+0.0100%8h0.45620.000%$70.2Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4564+0.048%$133K$300K10xas long as short
Variational Omni WLD+0.0100%8h0.4579+0.366%$2.1M$1.7Mas long as short
edgeX WLDUSDC+0.0100%4h0.4576+0.296%$27K$321K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4582+0.438%$604K$2.0M10xas long as short
ApeX Omni WLDUSDT+0.0100%1h0.4574+0.263%$49K$240K50xas long as short
Polymarket Perps WLD-USD+0.0100%1h0.4563+0.018%$47K$2.4M10xas long as short
SunX WLD-USDT+0.0100%8h0.4568+0.132%$23K$1.6M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4563+0.022%$211$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4567+0.110%$835K$1.7M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4565+0.066%$1.8M$3.7M50xas long as short
Extended WLD-USD+0.0104%1h0.4562−0.008%$211K$1.0M10xas long as short
Aevo WLD-PERP+0.0104%1h0.4565+0.055%$31K$5003xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4563+0.014%20xas long as short
Phoenix WLD+0.0142%1h0.4578+0.346%$5K$52K10xas long as short
Lighter WLD+0.0168%1h0.4569+0.160%$4.9M$2.9M10xas long as short
Injective WLD/USDC PERP+0.0176%1h0.4544−0.395%$6K$185K5.5xas long as short
Deribit WLD_USDC-PERPETUAL+0.0188%1h0.4564+0.044%$151K$1.0M25xas long as short
GMX WLD/USD [ETH-USDC]L +0.0219% / S −0.0967%1h0.4561−0.016%$4K100xas long as short
BloFin WLD-USDT+0.0220%8h0.4568+0.132%$4.8M$921K75xas long as short
Hyperliquid WLD+0.0363%1h0.4569+0.147%$49.8M$44.6M10xas long as short
Kraken Futures PF_WLDUSD+0.0496%1h0.4567+0.101%$864K$2.9M50xas long as short
Coinbase International WLD-PERP-INTX+0.0536%1h0.4566+0.088%$275K$1.7M50xas long as short