Funding you earn now, next payment 03:00 UTC−0.0027%/8h= −3.0% APRpaid last 24h −0.026%
Price spread now: Orderly against Pacifica+0.016%7-day average −0.022% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.147%−$15 on $10k
+Price spread, last 4 days (all we have)+0.627%+$63 · spread now +0.016%, 7d avg −0.022%
=Together, before fees+0.480%+ Points / potential airdropPacifica: Active · farm board+$48 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Orderly is 0.039% dearer against Pacifica than usual: you sell high and buy low (spread +0.016% now, against its 7-day average of −0.022%): +$4 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4.8 days. At the pace of the last 7 days (−0.147% in total) that is about 44 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica WLD | 0.4635 | 0.0100 | pay 0.0013% / 1h | 32m 54s | $49K | $511K | 5x |
| Short | Orderly PERP_WLD_USDC | 0.4636 | 0.0073 | get 0.0073% / 8h | 5h 32m | $28K | $893K | 10x |
Pacifica WLD
Orderly PERP_WLD_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against Pacifica. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$5.67
- Price spread: +0.016% → −0.022%
- $3.86
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$15.82
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Pacifica: live order book, 31 min ago; Orderly: 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 Pacifica live order book, 31 min ago | 4.28 bp | 15.9 bp −$16 | doesn't fit | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
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 | −0.0134% | 8h | 0.4632 | −0.070% | $57K | $4.5M | 1.7x | as long as short |
| KuCoin WLDUSDTM | −0.0040% | 8h | 0.4633 | −0.049% | $7.1M | $11.6M | 50x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4635 | −0.015% | $165K | $26K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4636 | +0.016% | $120K | $923K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4636 | +0.011% | $56K | — | 150x | as long as short |
| Nado WLD-PERP | +0.0026% | 1h | 0.4633 | −0.049% | $268K | $187K | 5x | as long as short |
| Orderly PERP_WLD_USDCshort | +0.0073% | 8h | 0.4636 | +0.016% | $28K | $893K | 10x | |
| 01 Exchange WLDUSD | +0.0096% | 1h | 0.4633 | −0.040% | $331 | $80 | 5x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4636 | +0.023% | $174K | $1.0M | 50x | as long as short |
| Pacifica WLDlong | +0.0100% | 1h | 0.4635 | long leg | $49K | $511K | 5x |
Kalshi KXWLDPERP
KuCoin WLDUSDTM
dYdX WLD-USD
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
Nado WLD-PERP
01 Exchange WLDUSD
Aster WLDUSDTShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance WLDUSDT | +0.0100% | 8h | 0.4636 | +0.019% | $88.0M | $324.9M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4637 | +0.038% | $66.2M | $87.9M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4637 | +0.038% | $35.0M | $149.3M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4637 | +0.038% | $7.2M | $36.8M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4636 | +0.016% | $45.9M | $54.3M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4636 | +0.016% | $30.6M | $29.5M | 75x | as long as short |
| BingX WLD-USDT | +0.0100% | 8h | 0.4636 | +0.016% | — | $67.1M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4637 | +0.033% | $137K | $290K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4633 | −0.057% | $2.1M | $1.7M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4635 | −0.001% | $28K | $319K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4634 | −0.027% | $609K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4643 | +0.167% | $51K | $236K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4636 | +0.016% | $54K | $2.0M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4640 | +0.102% | $23K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4636 | +0.016% | $290 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4641 | +0.124% | $848K | $1.9M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4637 | +0.038% | $1.8M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4635 | −0.002% | $213K | $927K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4635 | −0.002% | $31K | $600 | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4636 | +0.010% | — | — | 20x | as long as short |
| Phoenix WLD | +0.0172% | 1h | 0.4625 | −0.230% | $5K | $57K | 10x | as long as short |
| Lighter WLD | +0.0200% | 1h | 0.4643 | +0.163% | $5.0M | $2.3M | 10x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4638 | +0.059% | $5.0M | $805K | 75x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0230% / S −0.1268% | 1h | 0.4636 | +0.011% | $5K | — | 100x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0480% | 1h | 0.4624 | −0.243% | $274K | $1.7M | 50x | as long as short |
| Hyperliquid WLD | +0.0489% | 1h | 0.4643 | +0.167% | $51.7M | $42.9M | 10x | as long as short |
| Injective WLD/USDC PERP | +0.0677% | 1h | 0.4616 | −0.415% | $6K | $185K | 5.5x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0893% | 1h | 0.4639 | +0.087% | $902K | $2.9M | 50x | as long as short |
Binance WLDUSDT
Bybit WLDUSDT
OKX WLD-USDT-SWAP
Gate WLD_USDT
MEXC WLD_USDT
Bitget WLDUSDT
BingX WLD-USDT
Backpack WLD_USDC_PERP
Variational Omni WLD
edgeX WLDUSDC
GRVT WLD_USDT_Perp
ApeX Omni WLDUSDT
Polymarket Perps WLD-USD
SunX WLD-USDT
SoDEX WLD-USD
HTX WLD-USDT
Phemex WLDUSDT
Extended WLD-USD
Aevo WLD-PERP
Reya WLDRUSDPERP
Phoenix WLD
Lighter WLD
BloFin WLD-USDT
GMX WLD/USD [ETH-USDC]
Coinbase International WLD-PERP-INTX
Hyperliquid WLD
Injective WLD/USDC PERP
Kraken Futures PF_WLDUSD