Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0064%/8h= +7.0% APRpaid last 24h +0.022%

Price spread now: Aevo against Orderly+0.035%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

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Aevo is 0.035% dearer against Orderly than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_WLD_USDC	0.4575	0.0040	pay 0.0040% / 8h	7h 55m	$28K	$905K	10x
Short	Aevo WLD-PERP	0.4577	0.0104	get 0.0013% / 1h	55m 13s	$31K	$5K	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 +0.035%Rate

Funding earned: $13.51
Price spread: +0.035% → 0.000%: $3.48
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$5.02
Costs to cover: 0.220%
Break-even: 9.6 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
Gate WLD_USDT	−0.0231%	8h	0.4581	+0.131%	$7.5M	$35.0M	75x	as long as short
Kalshi KXWLDPERP	−0.0206%	8h	0.4581	+0.131%	$65K	$3.9M	1.7x	as long as short
ApeX Omni WLDUSDT	−0.0046%	1h	0.4583	+0.175%	$54K	$228K	50x	as long as short
KuCoin WLDUSDTM	−0.0001%	8h	0.4576	+0.022%	$7.0M	$11.0M	50x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4574	−0.026%	$163K	$13K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4576	+0.022%	$122K	$892K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4576	+0.022%	$56K	—	150x	as long as short
Nado WLD-PERP	+0.0037%	1h	0.4576	+0.022%	$276K	$169K	5x	as long as short
Injective WLD/USDC PERP	+0.0038%	1h	0.4597	+0.481%	$6K	$185K	5.5x	as long as short
Orderly PERP_WLD_USDClong	+0.0040%	8h	0.4575	long leg	$28K	$905K	10x

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster WLDUSDT	+0.0100%	8h	0.4577	+0.043%	$192K	$1.0M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4576	+0.012%	$54K	$487K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4578	+0.066%	$86.5M	$304.0M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4578	+0.066%	$65.8M	$82.6M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4582	+0.153%	$34.3M	$143.6M	50x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4578	+0.066%	$46.4M	$53.1M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4583	+0.175%	$30.3M	$26.1M	75x	as long as short
BingX WLD-USDT	+0.0100%	8h	0.4583	+0.175%	—	$67.1M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4583	+0.177%	$136K	$283K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4593	+0.391%	$2.0M	$1.7M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4577	+0.054%	$27K	$316K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4589	+0.317%	$609K	$1.9M	10x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4577	+0.048%	$48K	$1.6M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4581	+0.131%	$23K	$1.5M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4576	+0.022%	$218	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4577	+0.044%	$852K	$1.8M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4579	+0.087%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4574	−0.030%	$231K	$847K	10x	as long as short
Aevo WLD-PERPshort	+0.0104%	1h	0.4577	+0.035%	$31K	$5K	3x
Phoenix WLD	+0.0104%	1h	0.4583	+0.179%	$5K	$53K	10x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4573	−0.036%	—	—	20x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4578	+0.066%	$4.9M	$820K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0229% / S −0.1268%	1h	0.4576	+0.019%	$5K	—	100x	as long as short
01 Exchange WLDUSD	+0.0272%	1h	0.4577	+0.050%	$327	$77	5x	as long as short
Kraken Futures PF_WLDUSD	+0.0329%	1h	0.4579	+0.084%	$902K	$2.7M	50x	as long as short
Coinbase International WLD-PERP-INTX	+0.0448%	1h	0.4579	+0.087%	$272K	$1.6M	50x	as long as short
Hyperliquid WLD	+0.0757%	1h	0.4587	+0.256%	$50.9M	$43.6M	10x	as long as short
Lighter WLD	+0.1152%	1h	0.4588	+0.278%	$5.2M	$2.0M	10x	as long as short