WLD

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.004%

Price spread now: Extended against Backpack−0.024%7-day average −0.069% · you buy dearer than you sell

Net, funding: paid 7d − costs+$7as in the Funding arb table

Net, price: spread back to 7d avg − costs−$20as in the Price arb table

costs, in and out, $10k−$240.244% of the position

Long on Backpack Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.314%+$31 on $10k

Price spread, last 4 days (all we have)+0.056%+$6 · spread now −0.024%, 7d avg −0.069%

Together, before fees+0.370%+ Points / potential airdropExtended: Active · farm board+$37 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: Extended is 0.044% dearer against Backpack than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.069%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Backpack WLD_USDC_PERP	0.4546	0.0100	pay 0.0013% / 1h	17m 25s	$135K	$300K	10x
Short	Extended WLD-USD	0.4545	0.0104	get 0.0013% / 1h	17m 25s	$222K	$999K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Backpack. 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 BackpackbpFee ExtendedbpOrdersPrice spread, now −0.024%Rate

Funding earned: $0.84
Price spread: −0.024% → −0.069%: $4.45
Slippage, 4 orders: −$9.44
Fee Backpack: 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$19.15
Costs to cover: 0.244%
Break-even: 166.6 days

Slippage from Backpack: live order book, 31 min ago; Extended: live order book, 31 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, 31 min ago	0.11 bp	5.5 bp −$6	doesn't fit	doesn't fit	doesn't fit
Sell Extended live order book, 31 min ago	1.11 bp	3.7 bp −$4	9.5 bp −$95	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
Nado WLD-PERP	−0.0054%	1h	0.4545	−0.020%	$244K	$207K	5x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4540	−0.128%	$155K	$33K	10x	as long as short
Kalshi KXWLDPERP	0.0000%	8h	0.4530	−0.350%	$53K	$4.8M	1.7x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4542	−0.088%	$66K	—	150x	as long as short
01 Exchange WLDUSD	+0.0048%	1h	0.4545	−0.024%	$325	$55	5x	as long as short
KuCoin WLDUSDTM	+0.0052%	8h	0.4542	−0.086%	$6.7M	$11.9M	50x	as long as short
Polymarket Perps WLD-USD	+0.0069%	1h	0.4541	−0.101%	$40K	$2.4M	10x	as long as short
Lighter WLD	+0.0096%	1h	0.4546	+0.009%	$4.9M	$2.9M	10x	as long as short
Orderly PERP_WLD_USDC	+0.0099%	8h	0.4542	−0.086%	$28K	$796K	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4540	−0.124%	$226K	$1.1M	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	0.4545	−0.024%	$51K	$539K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4543	−0.068%	$86.5M	$338.3M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4541	−0.108%	$64.7M	$91.4M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4540	−0.130%	$34.3M	$154.5M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4543	−0.064%	$7.2M	$37.6M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4541	−0.108%	$39.3M	$56.1M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4541	−0.108%	$30.0M	$31.0M	75x	as long as short
BingX WLD-USDC	+0.0100%	8h	0.4541	−0.108%	—	$1.3M	—	as long as short
Backpack WLD_USDC_PERPlong	+0.0100%	1h	0.4546	long leg	$135K	$300K	10x
Variational Omni WLD	+0.0100%	8h	0.4510	−0.796%	$2.0M	$1.7M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4512	−0.745%	$27K	$320K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4535	−0.240%	$605K	$2.0M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4536	−0.218%	$48K	$240K	50x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4547	+0.024%	$23K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4545	−0.020%	$212	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4539	−0.152%	$831K	$1.7M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4544	−0.042%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USDshort	+0.0104%	1h	0.4545	−0.024%	$222K	$999K	10x
Aevo WLD-PERP	+0.0104%	1h	0.4540	−0.123%	$31K	$600	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4540	−0.124%	—	—	20x	as long as short
Phoenix WLD	+0.0142%	1h	0.4534	−0.266%	$5K	$52K	10x	as long as short
Injective WLD/USDC PERP	+0.0176%	1h	0.4513	−0.724%	$6K	$185K	5.5x	as long as short
Deribit WLD_USDC-PERPETUAL	+0.0190%	1h	0.4543	−0.064%	$145K	$1.0M	25x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0219% / S −0.0967%	1h	0.4541	−0.118%	$4K	—	100x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4535	−0.240%	$4.8M	$921K	75x	as long as short
Hyperliquid WLD	+0.0266%	1h	0.4548	+0.044%	$49.1M	$44.0M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.0498%	1h	0.4548	+0.056%	$866K	$2.9M	50x	as long as short
Coinbase International WLD-PERP-INTX	+0.0536%	1h	0.4548	+0.046%	$277K	$1.7M	50x	as long as short