WLD

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0012%/8h= −1.3% APRnext payment −$0.02 per $10,000 · paid last 24h −0.034%

Price spread now: 01 Exchange against Backpack+0.037%7-day average — · you sell dearer than you buy

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

Long on Backpack Short on 01 Exchange

What this pair did over the last

the charts below follow

Funding, last 4 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. 01 Exchange is 0.037% dearer against Backpack than usual: you sell high and buy low (spread +0.037% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 10 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Backpack WLD_USDC_PERP	0.4633	0.0100	pay 0.0013% / 1h	31m 44s	$137K	$290K	10x
Short	01 Exchange WLDUSD	0.4635	0.0088	get 0.0011% / 1h	31m 44s	$332	$80	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange 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 01 ExchangebpOrdersPrice spread, now +0.037%Rate

Funding earned: −$2.52
Price spread: +0.037% → 0.000%: $3.67
Slippage, 4 orders: no order book: not counted
Fee Backpack: 5 bp × 2 orders: −$10
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: −$15.85
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Backpack: live order book, 32 min ago; 01 Exchange: no order-book sample. 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 Backpack live order book, 32 min ago	0.86 bp	6.5 bp −$7	doesn't fit	doesn't fit	doesn't fit
Sell 01 Exchange no order-book sample	—	—	—	—	—

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	−0.0134%	8h	0.4634	+0.024%	$57K	$4.5M	1.7x	as long as short
KuCoin WLDUSDTM	−0.0039%	8h	0.4636	+0.067%	$7.1M	$11.6M	50x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4635	+0.046%	$165K	$26K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4633	+0.002%	$120K	$923K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4634	+0.024%	$56K	—	150x	as long as short
Nado WLD-PERP	+0.0022%	1h	0.4636	+0.056%	$268K	$187K	5x	as long as short
Orderly PERP_WLD_USDC	+0.0073%	8h	0.4632	−0.019%	$28K	$893K	10x	as long as short
01 Exchange WLDUSDshort	+0.0088%	1h	0.4635	+0.037%	$332	$80	5x
Aster WLDUSDT	+0.0100%	8h	0.4638	+0.115%	$174K	$1.0M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4637	+0.089%	$49K	$511K	5x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance WLDUSDT	+0.0100%	8h	0.4636	+0.077%	$88.1M	$324.9M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4634	+0.024%	$66.2M	$87.9M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4634	+0.024%	$35.0M	$149.1M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4635	+0.045%	$7.2M	$36.8M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4636	+0.067%	$45.9M	$54.3M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4636	+0.067%	$30.6M	$29.5M	75x	as long as short
BingX WLD-USDC	+0.0100%	8h	0.4636	+0.067%	—	$1.3M	—	as long as short
Backpack WLD_USDC_PERPlong	+0.0100%	1h	0.4633	long leg	$137K	$290K	10x
Variational Omni WLD	+0.0100%	8h	0.4633	−0.007%	$2.1M	$1.7M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4635	+0.050%	$28K	$319K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4634	+0.024%	$609K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4643	+0.218%	$51K	$236K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4635	+0.037%	$54K	$2.0M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4640	+0.153%	$23K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4631	−0.041%	$290	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4635	+0.045%	$846K	$1.9M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4631	−0.041%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4635	+0.049%	$213K	$927K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4633	+0.002%	$31K	$600	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4633	+0.006%	—	—	20x	as long as short
Phoenix WLD	+0.0172%	1h	0.4625	−0.179%	$5K	$57K	10x	as long as short
Lighter WLD	+0.0192%	1h	0.4642	+0.188%	$5.0M	$2.3M	10x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4638	+0.110%	$5.0M	$805K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0230% / S −0.1268%	1h	0.4633	−0.002%	$5K	—	100x	as long as short
Coinbase International WLD-PERP-INTX	+0.0480%	1h	0.4624	−0.192%	$274K	$1.7M	50x	as long as short
Hyperliquid WLD	+0.0487%	1h	0.4643	+0.216%	$51.7M	$42.9M	10x	as long as short
Injective WLD/USDC PERP	+0.0677%	1h	0.4616	−0.365%	$6K	$185K	5.5x	as long as short
Kraken Futures PF_WLDUSD	+0.0894%	1h	0.4634	+0.018%	$900K	$2.9M	50x	as long as short