WLD

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0048%/8h= +5.2% APRnext payment +$0.06 per $10,000 · paid last 24h 0.000%

Price spread now: Nado against Deribit−0.098%7-day average −0.063% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$53as in the Price arb table

costs, in and out, $10k−$500.499% of the position

Long on Deribit Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.034%−$3 on $10k

Price spread, last 3 days (all we have)−0.243%−$24 · spread now −0.098%, 7d avg −0.063%

Together, before fees−0.278%+ Points / potential airdropNado: Active · farm board−$28 on $10k · with fees, hour by hour

Funding pays, the price is against you. Nado is 0.035% cheaper against Deribit than usual: you would sell low and buy high (spread −0.098% now, against its 7-day average of −0.063%). If the spread goes back, that is −$4 on $10k: about 2.5 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit WLD_USDC-PERPETUAL	0.4599	0	get 0.0000% / 1h	6m 11s	$109K	$900K	25x
Short	Nado WLD-PERP	0.4595	0.0048	get 0.0006% / 1h	6m 11s	$277K	$169K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against Deribit. 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 DeribitbpFee NadobpOrdersPrice spread, now −0.098%Rate

Funding earned: $9.99
Price spread: −0.098% → −0.063%: −$3.52
Slippage, 4 orders: −$35.9
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$43.44
Costs to cover: 0.499%
Break-even: 37.5 days

Slippage from Deribit: live order book, 13 min ago; Nado: live order book, 11 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 Deribit live order book, 13 min ago	4.37 bp	7.9 bp −$8	16.8 bp −$168	doesn't fit	doesn't fit
Sell Nado live order book, 11 min ago	7.55 bp	11.5 bp −$11	52.4 bp −$524	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	−0.0278%	8h	0.4593	−0.130%	$61K	$3.8M	1.7x	as long as short
Injective WLD/USDC PERP	−0.0079%	1h	0.4578	−0.457%	$6K	$185K	5.5x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4594	−0.100%	$164K	$13K	10x	as long as short
Deribit WLD_USDC-PERPETUALlong	0.0000%	1h	0.4599	long leg	$109K	$900K	25x
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4599	0.000%	$57K	—	150x	as long as short
Orderly PERP_WLD_USDC	+0.0006%	8h	0.4598	−0.022%	$28K	$911K	10x	as long as short
KuCoin WLDUSDTM	+0.0009%	8h	0.4594	−0.109%	$7.0M	$10.8M	50x	as long as short
Nado WLD-PERPshort	+0.0048%	1h	0.4595	−0.098%	$277K	$169K	5x
Aster WLDUSDT	+0.0100%	8h	0.4598	−0.013%	$195K	$999K	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4597	−0.051%	$53K	$481K	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	0.4596	−0.065%	$86.9M	$297.2M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4596	−0.065%	$65.9M	$82.0M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4595	−0.087%	$34.4M	$142.0M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4596	−0.065%	$7.5M	$35.4M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4596	−0.065%	$49.4M	$52.3M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4597	−0.043%	$30.4M	$25.6M	75x	as long as short
BingX WLD-USDT	+0.0100%	8h	0.4596	−0.065%	—	$67.7M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4598	−0.028%	$130K	$269K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4571	−0.611%	$2.1M	$1.6M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4572	−0.597%	$27K	$315K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4591	−0.167%	$617K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4588	−0.239%	$55K	$227K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4601	+0.052%	$41K	$1.6M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4603	+0.087%	$23K	$1.5M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4597	−0.043%	$204	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4593	−0.130%	$867K	$1.8M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4596	−0.065%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4597	−0.053%	$241K	$855K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4599	+0.008%	$31K	$5K	3x	as long as short
Phoenix WLD	+0.0124%	1h	0.4583	−0.344%	$5K	$53K	10x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4599	−0.003%	—	—	20x	as long as short
Kraken Futures PF_WLDUSD	+0.0185%	1h	0.4601	+0.038%	$919K	$2.6M	50x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4592	−0.152%	$4.9M	$816K	75x	as long as short
01 Exchange WLDUSD	+0.0248%	1h	0.4603	+0.078%	$329	$77	5x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0260% / S −0.2221%	1h	0.4599	−0.005%	$9K	—	100x	as long as short
Coinbase International WLD-PERP-INTX	+0.0424%	1h	0.4604	+0.109%	$271K	$1.6M	50x	as long as short
Hyperliquid WLD	+0.0676%	1h	0.4602	+0.074%	$50.0M	$43.0M	10x	as long as short
Lighter WLD	+0.1032%	1h	0.4607	+0.163%	$5.2M	$2.1M	10x	as long as short