WLD

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0015%/8h= +1.6% APRnext payment +$0.15 per $10,000 · paid last 24h +0.001%

Price spread now: Bybit against Orderly−0.066%50s7-day average −0.030% · you buy dearer than you sell

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

Long on Orderly Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.042%+$4 on $10k

Price spread, last 4 days (all we have)−0.340%−$34 · spread now −0.066%, 7d avg −0.030%

Together, before fees−0.298%−$30 on $10k · with fees, hour by hour

Funding pays, the price is against you. Bybit is 0.035% cheaper against Orderly than usual: you would sell low and buy high (spread −0.066% now, against its 7-day average of −0.030%). If the spread goes back, that is −$4 on $10k: about 8.0 days of funding at the current rate ($0 a day). The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_WLD_USDC	0.4557	0.0085	pay 0.0085% / 8h	4h 41m	$28K	$888K	10x
Short	Bybit WLDUSDT	0.4554	0.0100	get 0.0100% / 8h	4h 41m	$64.9M	$88.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now −0.066%Rate

Funding earned: $3.1
Price spread: −0.066% → −0.030%: −$3.55
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$17.44
Costs to cover: 0.170%
Break-even: 46.3 days

Slippage unknown: Orderly: no order-book sample; Bybit: live order book, 2 min ago. 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 Bybit live order book, 2 min ago	1.09 bp	10.1 bp −$10	22.8 bp −$228	114.9 bp −$11.5K	doesn't fit

Orderly: 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	−0.0105%	8h	0.4552	−0.110%	$62K	$4.6M	1.7x	as long as short
Nado WLD-PERP	−0.0061%	1h	0.4556	−0.022%	$241K	$205K	5x	as long as short
KuCoin WLDUSDTM	−0.0031%	8h	0.4561	+0.088%	$6.9M	$11.7M	50x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4560	+0.059%	$156K	$33K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4557	0.000%	$118K	$927K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4556	−0.022%	$66K	—	150x	as long as short
Injective WLD/USDC PERP	+0.0014%	1h	0.4558	+0.022%	$6K	$185K	5.5x	as long as short
01 Exchange WLDUSD	+0.0048%	1h	0.4557	+0.011%	$326	$80	5x	as long as short
Orderly PERP_WLD_USDClong	+0.0085%	8h	0.4557	long leg	$28K	$888K	10x
Lighter WLD	+0.0096%	1h	0.4566	+0.191%	$4.9M	$2.4M	10x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster WLDUSDT	+0.0100%	8h	0.4559	+0.052%	$199K	$1.1M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4561	+0.087%	$49K	$528K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4557	+0.006%	$86.4M	$327.1M	75x	as long as short
Bybit WLDUSDTshort	+0.0100%	8h	0.4554	−0.066%	$64.9M	$88.9M	50x
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4555	−0.044%	$34.2M	$148.6M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4559	+0.044%	$7.2M	$36.7M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4561	+0.088%	$44.3M	$53.8M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4554	−0.066%	$30.1M	$30.1M	75x	as long as short
BingX WLD-USDC	+0.0100%	8h	0.4558	+0.022%	—	$1.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4556	−0.011%	$135K	$298K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4562	+0.102%	$2.1M	$1.7M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4565	+0.177%	$27K	$318K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4565	+0.176%	$603K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4565	+0.176%	$43K	$239K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4555	−0.053%	$48K	$2.1M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4559	+0.044%	$23K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4555	−0.044%	$174	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4558	+0.022%	$834K	$1.9M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4555	−0.044%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4558	+0.012%	$218K	$981K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4557	+0.006%	$31K	$600	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4553	−0.083%	—	—	20x	as long as short
Phoenix WLD	+0.0158%	1h	0.4569	+0.272%	$5K	$52K	10x	as long as short
Hyperliquid WLD	+0.0183%	1h	0.4566	+0.197%	$50.1M	$43.2M	10x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4551	−0.132%	$4.9M	$845K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0229% / S −0.1268%	1h	0.4555	−0.050%	$5K	—	100x	as long as short
Kraken Futures PF_WLDUSD	+0.0481%	1h	0.4558	+0.013%	$881K	$2.8M	50x	as long as short
Coinbase International WLD-PERP-INTX	+0.0496%	1h	0.4577	+0.439%	$269K	$1.7M	50x	as long as short