Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.004%
Price spread now: Aster against Backpack+0.213%45s7-day average −0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$510.512% of the position
Funding, last 7 days−0.030%−$3 on $10k
+Price spread, last 4 days (all we have)+0.094%+$9 · spread now +0.213%, 7d avg −0.009%
=Together, before fees+0.064%+ Points / potential airdropAster: Stage 5 · farm board+$6 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.222% dearer against Backpack than usual: you sell high and buy low, +$22 on $10k if it goes back to its 7-day average of −0.009%. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack WLD_USDC_PERP | 0.4531 | 0.0100 | pay 0.0013% / 1h | 35m 20s | $128K | $274K | 10x |
| Short | Aster WLDUSDT | 0.4541 | 0.0100 | get 0.0100% / 8h | 2h 35m | $215K | $981K | 50x |
Backpack WLD_USDC_PERP
Aster WLDUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Backpack. 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
- Price spread: +0.213% → −0.009%
- $22.24
- Slippage, 4 orders
- −$33.23
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$29
- Costs to cover
- 0.512%
- Break-even
- never at this rate
Slippage from Backpack: live order book, 53 min ago; Aster: live order book, 52 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 Backpack live order book, 53 min ago | 0.11 bp | 10.6 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aster live order book, 52 min ago | 3.28 bp | 21.3 bp −$21 | 42.8 bp −$428 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kalshi KXWLDPERP | −0.0557% | 8h | 0.4532 | +0.022% | $44K | $3.8M | 1.7x | as long as short |
| Variational Omni WLD | −0.0030% | 8h | 0.4535 | +0.096% | $2.1M | $1.6M | — | as long as short |
| Orderly PERP_WLD_USDC | −0.0026% | 8h | 0.4542 | +0.243% | $28K | $918K | 10x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4540 | +0.195% | $155K | $6K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4543 | +0.265% | $128K | $900K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4541 | +0.222% | $56K | — | 150x | as long as short |
| KuCoin WLDUSDTM | +0.0017% | 8h | 0.4540 | +0.199% | $7.0M | $10.7M | 50x | as long as short |
| Nado WLD-PERP | +0.0046% | 1h | 0.4541 | +0.210% | $271K | $168K | 5x | as long as short |
| Phoenix WLD | +0.0052% | 1h | 0.4536 | +0.104% | $5K | $52K | 10x | as long as short |
| OKX WLD-USDT-SWAP | +0.0061% | 8h | 0.4543 | +0.265% | $34.0M | $137.6M | 50x | as long as short |
Kalshi KXWLDPERP
Variational Omni WLD
Orderly PERP_WLD_USDC
dYdX WLD-USD
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
KuCoin WLDUSDTM
Nado WLD-PERP
Phoenix WLD
OKX WLD-USDT-SWAPShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit WLDUSDT | +0.0098% | 8h | 0.4541 | +0.221% | $65.1M | $80.1M | 50x | as long as short |
| Hyperliquid WLD | +0.0100% | 1h | 0.4545 | +0.298% | $47.0M | $40.7M | 10x | as long as short |
| Aster WLDUSDTshort | +0.0100% | 8h | 0.4541 | +0.213% | $215K | $981K | 50x | |
| Pacifica WLD | +0.0100% | 1h | 0.4540 | +0.195% | $50K | $482K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4541 | +0.220% | $85.8M | $291.6M | 75x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4539 | +0.177% | $7.4M | $34.4M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4542 | +0.243% | $52.6M | $47.0M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4539 | +0.177% | $30.0M | $25.1M | 75x | as long as short |
| BingX WLD-USDC | +0.0100% | 8h | 0.4541 | +0.221% | — | $1.3M | — | as long as short |
| Backpack WLD_USDC_PERPlong | +0.0100% | 1h | 0.4531 | long leg | $128K | $274K | 10x | |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4544 | +0.295% | $27K | $315K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4540 | +0.199% | $613K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4543 | +0.265% | $55K | $226K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4541 | +0.232% | $54K | $1.7M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4545 | +0.309% | $23K | $1.5M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4542 | +0.243% | $197 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4539 | +0.177% | $856K | $1.8M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4529 | −0.044% | $1.8M | $3.8M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4536 | +0.121% | $132K | $745K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4543 | +0.263% | $31K | $5K | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4539 | +0.173% | — | — | 20x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0217% / S −0.0307% | 1h | 0.4542 | +0.233% | $12K | — | 100x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4545 | +0.309% | $4.9M | $802K | 75x | as long as short |
| Injective WLD/USDC PERP | +0.0374% | 1h | 0.4622 | +2.008% | $6K | $139K | 5.5x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0400% | 1h | 0.4533 | +0.044% | $280K | $1.6M | 50x | as long as short |
| 01 Exchange WLDUSD | +0.0464% | 1h | 0.4546 | +0.333% | $325 | $77 | 5x | as long as short |
| Lighter WLD | +0.1072% | 1h | 0.4547 | +0.362% | $5.1M | $2.0M | 10x | as long as short |
| Kraken Futures PF_WLDUSD | +0.1098% | 1h | 0.4544 | +0.289% | $922K | $2.6M | 50x | as long as short |
Bybit WLDUSDT
Hyperliquid WLD
Pacifica WLD
Binance WLDUSDT
Gate WLD_USDT
MEXC WLD_USDT
Bitget WLDUSDT
BingX WLD-USDC
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
Aevo WLD-PERP
Reya WLDRUSDPERP
GMX WLD/USD [ETH-USDC]
BloFin WLD-USDT
Injective WLD/USDC PERP
Coinbase International WLD-PERP-INTX
01 Exchange WLDUSD
Lighter WLD
Kraken Futures PF_WLDUSD