Funding you earn now, next payment 08:00 UTC+0.0002%/8h= +0.2% APRnext payment +$0.02 per $10,000 · paid last 24h +0.015%
Price spread now: Gate against Orderly−0.088%7-day average −0.016% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.020%+$2 on $10k
+Price spread, last 4 days (all we have)−0.074%−$7 · spread now −0.088%, 7d avg −0.016%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.073% cheaper against Orderly than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.016%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_WLD_USDC | 0.4536 | 0.0098 | pay 0.0098% / 8h | 1h 05m | $27K | $754K | 10x |
| Short | Gate WLD_USDT | 0.4532 | 0.0100 | get 0.0100% / 8h | 1h 05m | $7.1M | $36.4M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Orderly. 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
- $0.35
- Price spread: −0.088% → −0.016%
- −$7.26
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$27.92
- Costs to cover
- 0.210%
- Break-even
- 571.0 days
Slippage unknown: Orderly: no order-book sample; Gate: live order book, 3 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Gate live order book, 3 min ago | 2.21 bp | 16.1 bp −$16 | 36.2 bp −$362 | 58.9 bp −$5,894 | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Nado WLD-PERP | −0.0022% | 1h | 0.4531 | −0.099% | $239K | $169K | 5x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4533 | −0.063% | $155K | $32K | 10x | as long as short |
| Kalshi KXWLDPERP | 0.0000% | 8h | 0.4537 | +0.022% | $51K | $4.7M | 1.7x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4537 | +0.016% | $66K | — | 150x | as long as short |
| Orderly PERP_WLD_USDClong | +0.0098% | 8h | 0.4536 | long leg | $27K | $754K | 10x | |
| Aster WLDUSDT | +0.0100% | 8h | 0.4533 | −0.074% | $227K | $1.1M | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4532 | −0.078% | $49K | $537K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4530 | −0.131% | $86.4M | $334.8M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4529 | −0.154% | $64.6M | $89.5M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4528 | −0.176% | $34.2M | $152.0M | 50x | as long as short |
Show all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate WLD_USDTshort | +0.0100% | 8h | 0.4532 | −0.088% | $7.1M | $36.4M | 75x | |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4531 | −0.110% | $40.2M | $57.7M | 300x | as long as short |
| KuCoin WLDUSDTM | +0.0100% | 8h | 0.4529 | −0.154% | $6.6M | $11.7M | 50x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4532 | −0.088% | $30.0M | $30.9M | 75x | as long as short |
| BingX WLD-USDT | +0.0100% | 8h | 0.4531 | −0.110% | — | $69.8M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4538 | +0.053% | $135K | $292K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4535 | −0.029% | $2.1M | $1.6M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4525 | −0.233% | $27K | $320K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4530 | −0.131% | $597K | $2.1M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4529 | −0.154% | $48K | $238K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4540 | +0.082% | $47K | $2.6M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4542 | +0.132% | $23K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4535 | −0.022% | $215 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4526 | −0.220% | $828K | $1.6M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4537 | +0.022% | $1.8M | $3.6M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4528 | −0.172% | $208K | $1.0M | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4534 | −0.035% | $31K | $500 | 3x | as long as short |
| Lighter WLD | +0.0128% | 1h | 0.4537 | +0.029% | $4.9M | $2.9M | 10x | as long as short |
| Injective WLD/USDC PERP | +0.0132% | 1h | 0.4581 | +0.992% | $6K | $185K | 5.5x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4537 | +0.017% | — | — | 20x | as long as short |
| 01 Exchange WLDUSD | +0.0136% | 1h | 0.4531 | −0.108% | $324 | $55 | 5x | as long as short |
| Phoenix WLD | +0.0158% | 1h | 0.4529 | −0.148% | $5K | $44K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | +0.0191% | 1h | 0.4539 | +0.066% | $151K | $954K | 25x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0219% / S −0.0967% | 1h | 0.4536 | +0.006% | $4K | — | 100x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4541 | +0.110% | $4.8M | $916K | 75x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0488% | 1h | 0.4539 | +0.066% | $274K | $1.6M | 50x | as long as short |
| Hyperliquid WLD | +0.0499% | 1h | 0.4538 | +0.035% | $49.8M | $43.7M | 10x | as long as short |
| Kraken Futures PF_WLDUSD | +0.1044% | 1h | 0.4536 | −0.004% | $876K | $2.8M | 50x | as long as short |
Gate WLD_USDT
Kalshi KXWLDPERP
gTrade (Gains Network) WLD/USD
Aster WLDUSDT
Pacifica WLD
Binance WLDUSDT
Bybit WLDUSDT
OKX WLD-USDT-SWAP
MEXC WLD_USDT
KuCoin WLDUSDTM
Bitget WLDUSDT
BingX WLD-USDT
Backpack WLD_USDC_PERP
Variational Omni WLD
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
Lighter WLD
Injective WLD/USDC PERP
01 Exchange WLDUSD
Phoenix WLD
Deribit WLD_USDC-PERPETUAL
GMX WLD/USD [ETH-USDC]
BloFin WLD-USDT
Coinbase International WLD-PERP-INTX
Hyperliquid WLD
Kraken Futures PF_WLDUSD