Funding you earn now, next payment 08:00 UTC+0.0057%/8h= +6.2% APRnext payment +$0.57 per $10,000 · paid last 24h −0.001%
Price spread now: Variational Omni against Orderly+0.017%7-day average −0.013% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.029%+$3 on $10k
+Price spread, last 3 days (all we have)−0.217%−$22 · spread now +0.017%, 7d avg −0.013%
=Together, before fees−0.188%+ Points / potential airdropVariational Omni: Active · farm board−$19 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Variational Omni is 0.030% dearer against Orderly than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.013%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_WLD_USDC | 0.4659 | 0.0043 | pay 0.0043% / 8h | 7h 31m | $28K | $903K | 10x |
| Short | Variational Omni WLD | 0.4660 | 0.0100 | get 0.0100% / 8h | 7h 31m | $2.1M | $1.7M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- $11.87
- Price spread: +0.017% → −0.013%
- $3.02
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $8.89
- Costs to cover
- 0.060%
- Break-even
- 1.8 days
Slippage unknown: Orderly: no order-book sample; Variational Omni: RFQ quote, 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 Variational Omni RFQ quote, 3 min ago | 4.29 bp | doesn't fit | 17.2 bp −$172 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kalshi KXWLDPERP | −0.0179% | 8h | 0.4660 | +0.021% | $38K | $3.9M | 1.7x | as long as short |
| Nado WLD-PERP | −0.0028% | 1h | 0.4667 | +0.182% | $279K | $170K | 5x | as long as short |
| Phemex WLDUSDT | −0.0018% | 8h | 0.4667 | +0.172% | $1.9M | $3.7M | 50x | as long as short |
| KuCoin WLDUSDTM | −0.0017% | 8h | 0.4670 | +0.236% | $7.0M | $11.1M | 50x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4669 | +0.209% | $167K | $13K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4659 | 0.000% | $134K | $871K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4662 | +0.067% | $57K | — | 150x | as long as short |
| Injective WLD/USDC PERP | +0.0038% | 1h | 0.4659 | 0.000% | $6K | $185K | 5.5x | as long as short |
| Orderly PERP_WLD_USDClong | +0.0043% | 8h | 0.4659 | long leg | $28K | $903K | 10x | |
| Aster WLDUSDT | +0.0100% | 8h | 0.4673 | +0.297% | $195K | $961K | 50x | as long as short |
Show all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica WLD | +0.0100% | 1h | 0.4672 | +0.277% | $55K | $482K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4665 | +0.133% | $88.7M | $305.3M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4660 | +0.021% | $67.1M | $82.3M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4658 | −0.021% | $35.2M | $146.1M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4661 | +0.043% | $7.6M | $35.5M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4666 | +0.150% | $48.1M | $53.9M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4667 | +0.172% | $31.0M | $26.3M | 75x | as long as short |
| BingX WLD-USDT | +0.0100% | 8h | 0.4663 | +0.086% | — | $67.1M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4667 | +0.180% | $139K | $280K | 10x | as long as short |
| Variational Omni WLDshort | +0.0100% | 8h | 0.4660 | +0.017% | $2.1M | $1.7M | — | |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4654 | −0.101% | $28K | $317K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4662 | +0.064% | $616K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4673 | +0.300% | $55K | $229K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4672 | +0.285% | $56K | $1.6M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4667 | +0.172% | $23K | $1.5M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4662 | +0.064% | $218 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4663 | +0.086% | $867K | $1.8M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4671 | +0.248% | $220K | $863K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4663 | +0.085% | $32K | $600 | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4664 | +0.114% | — | — | 20x | as long as short |
| Phoenix WLD | +0.0157% | 1h | 0.4655 | −0.088% | $5K | $53K | 10x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4658 | −0.021% | $4.9M | $865K | 75x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0239% / S −0.1538% | 1h | 0.4661 | +0.050% | $6K | — | 100x | as long as short |
| 01 Exchange WLDUSD | +0.0256% | 1h | 0.4677 | +0.395% | $335 | $77 | 5x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0323% | 1h | 0.4666 | +0.140% | $916K | $2.7M | 50x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0448% | 1h | 0.4658 | −0.021% | $276K | $1.7M | 50x | as long as short |
| Hyperliquid WLD | +0.0768% | 1h | 0.4675 | +0.341% | $52.1M | $43.5M | 10x | as long as short |
| Lighter WLD | +0.0936% | 1h | 0.4678 | +0.406% | $5.3M | $2.0M | 10x | as long as short |
Variational Omni WLD
Kalshi KXWLDPERP
Phemex WLDUSDT
KuCoin WLDUSDTM
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
Injective WLD/USDC PERP
Aster WLDUSDT
Pacifica WLD
Binance WLDUSDT
Bybit WLDUSDT
OKX WLD-USDT-SWAP
Gate WLD_USDT
MEXC WLD_USDT
Bitget WLDUSDT
BingX WLD-USDT
Backpack WLD_USDC_PERP
edgeX WLDUSDC
GRVT WLD_USDT_Perp
ApeX Omni WLDUSDT
Polymarket Perps WLD-USD
SunX WLD-USDT
SoDEX WLD-USD
HTX WLD-USDT
Extended WLD-USD
Phoenix WLD
BloFin WLD-USDT
GMX WLD/USD [ETH-USDC]
01 Exchange WLDUSD
Kraken Futures PF_WLDUSD
Coinbase International WLD-PERP-INTX
Hyperliquid WLD
Lighter WLD