WLD

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0260%/8h= −28.5% APRnext payment −$0.33 per $10,000 · paid last 24h +0.076%

Price spread now: Backpack against 01 Exchange+0.044%7-day average — · you sell dearer than you buy

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

Long on 01 Exchange Short on Backpack

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. Backpack is 0.044% dearer against 01 Exchange than usual: you sell high and buy low (spread +0.044% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 14 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange WLDUSD	0.4543	0.0360	pay 0.0045% / 1h	20m 19s	$325	$77	5x
Short	Backpack WLD_USDC_PERP	0.4545	0.0100	get 0.0013% / 1h	20m 19s	$129K	$272K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Backpack against 01 Exchange. 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 01 ExchangebpFee BackpackbpOrdersPrice spread, now +0.044%Rate

Funding earned: −$54.6
Price spread: +0.044% → 0.000%: $4.4
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee Backpack: 5 bp × 2 orders: −$10
Net: −$67.2
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: 01 Exchange: no order-book sample; Backpack: 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 01 Exchange no order-book sample	—	—	—	—	—
Sell Backpack live order book, 3 min ago	0.44 bp	13.6 bp −$14	doesn't fit	doesn't fit	doesn't fit

01 Exchange: 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	−0.0442%	8h	0.4546	+0.062%	$45K	$3.8M	1.7x	as long as short
Orderly PERP_WLD_USDC	−0.0021%	8h	0.4546	+0.062%	$28K	$917K	10x	as long as short
Variational Omni WLD	−0.0004%	8h	0.4542	−0.021%	$2.1M	$1.6M	—	as long as short
dYdX WLD-USD	0.0000%	1h	0.4546	+0.067%	$155K	$6K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4551	+0.172%	$127K	$904K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4547	+0.084%	$57K	—	150x	as long as short
KuCoin WLDUSDTM	+0.0007%	8h	0.4541	−0.048%	$7.0M	$10.7M	50x	as long as short
Nado WLD-PERP	+0.0033%	1h	0.4543	−0.004%	$271K	$168K	5x	as long as short
Phoenix WLD	+0.0052%	1h	0.4553	+0.207%	$5K	$52K	10x	as long as short
OKX WLD-USDT-SWAP	+0.0073%	8h	0.4549	+0.128%	$34.0M	$138.4M	50x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC WLD_USDT	+0.0096%	8h	0.4546	+0.062%	$53.7M	$47.5M	300x	as long as short
Binance WLDUSDT	+0.0096%	8h	0.4549	+0.128%	$85.5M	$292.8M	75x	as long as short
Hyperliquid WLD	+0.0100%	1h	0.4548	+0.108%	$46.6M	$41.2M	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4547	+0.081%	$215K	$982K	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4544	+0.018%	$51K	$483K	5x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4549	+0.128%	$64.9M	$80.3M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4546	+0.062%	$7.4M	$34.7M	75x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4545	+0.040%	$30.1M	$25.2M	75x	as long as short
BingX WLD-USDT	+0.0100%	8h	0.4546	+0.062%	—	$68.0M	—	as long as short
Backpack WLD_USDC_PERPshort	+0.0100%	1h	0.4545	+0.044%	$129K	$272K	10x
edgeX WLDUSDC	+0.0100%	4h	0.4557	+0.299%	$27K	$315K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4550	+0.149%	$610K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4556	+0.282%	$55K	$226K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4545	+0.033%	$52K	$1.7M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4549	+0.128%	$23K	$1.5M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4547	+0.084%	$196	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4545	+0.040%	$857K	$1.8M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4549	+0.128%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4546	+0.062%	$133K	$745K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4549	+0.123%	$31K	$5K	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4545	+0.034%	—	—	20x	as long as short
BloFin WLD-USDT	+0.0216%	8h	0.4538	−0.114%	$4.9M	$807K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0217% / S −0.0307%	1h	0.4547	+0.091%	$12K	—	100x	as long as short
01 Exchange WLDUSDlong	+0.0360%	1h	0.4543	long leg	$325	$77	5x
Injective WLD/USDC PERP	+0.0374%	1h	0.4622	+1.734%	$6K	$139K	5.5x	as long as short
Coinbase International WLD-PERP-INTX	+0.0400%	1h	0.4549	+0.128%	$279K	$1.6M	50x	as long as short
Lighter WLD	+0.0984%	1h	0.4559	+0.350%	$5.1M	$2.0M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.1096%	1h	0.4551	+0.179%	$921K	$2.6M	50x	as long as short