Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0005%/8h= +0.6% APRpaid last 24h +0.023%

Price spread now: Aevo against Orderly+0.011%7-day average — · you sell dearer than you buy

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

Long on Orderly Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 5 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

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_WLD_USDC	0.4541	0.0099	pay 0.0099% / 8h	1h 55m	$27K	$789K	10x
Short	Aevo WLD-PERP	0.4541	0.0104	get 0.0013% / 1h	55m 35s	$31K	$500	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Orderly. 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 OrderlybpFee AevobpOrdersPrice spread, now +0.011%Rate

Funding earned: $1.11
Price spread: +0.011% → 0.000%: $1.1
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$19.79
Costs to cover: 0.220%
Break-even: 131.4 days

Slippage unknown: Orderly: no order-book sample; Aevo: 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 Orderly no order-book sample	—	—	—	—	—
Sell Aevo no order-book sample	—	—	—	—	—

Orderly and Aevo: 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
Nado WLD-PERP	−0.0057%	1h	0.4541	−0.011%	$239K	$170K	5x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4539	−0.038%	$155K	$33K	10x	as long as short
Kalshi KXWLDPERP	0.0000%	8h	0.4544	+0.066%	$56K	$4.8M	1.7x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4541	0.000%	$151K	$1.0M	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4542	+0.015%	$66K	—	150x	as long as short
KuCoin WLDUSDTM	+0.0082%	8h	0.4542	+0.022%	$6.7M	$11.8M	50x	as long as short
Orderly PERP_WLD_USDClong	+0.0099%	8h	0.4541	long leg	$27K	$789K	10x
Aster WLDUSDT	+0.0100%	8h	0.4542	+0.013%	$226K	$1.1M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4542	+0.033%	$50K	$539K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4540	−0.015%	$86.6M	$339.4M	75x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit WLDUSDT	+0.0100%	8h	0.4540	−0.022%	$64.7M	$91.6M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4539	−0.044%	$34.4M	$155.2M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4539	−0.044%	$7.2M	$36.0M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4540	−0.022%	$40.4M	$56.2M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4540	−0.022%	$30.0M	$31.2M	75x	as long as short
BingX WLD-USDT	+0.0100%	8h	0.4539	−0.044%	—	$70.2M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4543	+0.048%	$132K	$299K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4539	−0.051%	$2.1M	$1.7M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4546	+0.102%	$27K	$319K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4545	+0.088%	$603K	$2.0M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4552	+0.242%	$48K	$240K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4541	+0.002%	$54K	$2.5M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4549	+0.176%	$23K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4539	−0.044%	$210	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4539	−0.044%	$830K	$1.7M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4543	+0.044%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4536	−0.103%	$209K	$1.0M	10x	as long as short
Aevo WLD-PERPshort	+0.0104%	1h	0.4541	+0.011%	$31K	$500	3x
Injective WLD/USDC PERP	+0.0132%	1h	0.4544	+0.066%	$6K	$185K	5.5x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4541	+0.006%	—	—	20x	as long as short
Phoenix WLD	+0.0142%	1h	0.4553	+0.273%	$5K	$44K	10x	as long as short
01 Exchange WLDUSD	+0.0184%	1h	0.4542	+0.029%	$325	$55	5x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0219% / S −0.0967%	1h	0.4541	−0.003%	$4K	—	100x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4548	+0.154%	$4.8M	$920K	75x	as long as short
Lighter WLD	+0.0256%	1h	0.4547	+0.132%	$4.9M	$2.9M	10x	as long as short
Coinbase International WLD-PERP-INTX	+0.0488%	1h	0.4548	+0.154%	$273K	$1.7M	50x	as long as short
Hyperliquid WLD	+0.0721%	1h	0.4550	+0.192%	$49.7M	$44.7M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.1042%	1h	0.4542	+0.033%	$864K	$2.9M	50x	as long as short