Funding you earn now, next payment 00:00 UTC−0.0117%/8h= −12.8% APRnext payment −$1.17 per $10,000 · paid last 24h −0.025%
Price spread now: Orderly against SunX−0.044%57s7-day average −0.143% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.156%−$16 on $10k
+Price spread, last 3 days (all we have)−0.109%−$11 · spread now −0.044%, 7d avg −0.143%
=The price spread pays, funding is against you. Orderly is 0.099% dearer against SunX than usual: you sell high and buy low (spread −0.044% now, against its 7-day average of −0.143%): +$10 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 2.8 days. The two prices were read 57 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 | SunX WLD-USDT | 0.4527 | 0.0100 | pay 0.0100% / 8h | 2h 08m | $23K | $1.5M | 50x |
| Short | Orderly PERP_WLD_USDC | 0.4525 | −0.0017 | pay 0.0017% / 8h | 2h 08m | $28K | $916K | 10x |
SunX WLD-USDT
Orderly PERP_WLD_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against SunX. 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
- −$24.62
- Price spread: −0.044% → −0.143%
- $9.87
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$28.75
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: SunX: live order book, 6 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 SunX live order book, 6 min ago | 29.79 bp | 38.6 bp −$39 | 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 | −0.0487% | 8h | 0.4531 | +0.088% | $45K | $3.8M | 1.7x | as long as short |
| Orderly PERP_WLD_USDCshort | −0.0017% | 8h | 0.4525 | −0.044% | $28K | $916K | 10x | |
| dYdX WLD-USD | 0.0000% | 1h | 0.4521 | −0.126% | $154K | $6K | 10x | as long as short |
| KuCoin WLDUSDTM | 0.0000% | 8h | 0.4519 | −0.177% | $7.0M | $10.7M | 50x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4521 | −0.133% | $122K | $911K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4525 | −0.055% | $56K | — | 150x | as long as short |
| Variational Omni WLD | +0.0006% | 8h | 0.4520 | −0.146% | $2.1M | $1.7M | — | as long as short |
| Nado WLD-PERP | +0.0038% | 1h | 0.4522 | −0.110% | $271K | $169K | 5x | as long as short |
| Phoenix WLD | +0.0052% | 1h | 0.4522 | −0.108% | $5K | $52K | 10x | as long as short |
| OKX WLD-USDT-SWAP | +0.0086% | 8h | 0.4521 | −0.133% | $33.8M | $137.8M | 50x | as long as short |
Kalshi KXWLDPERP
dYdX WLD-USD
KuCoin WLDUSDTM
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
Variational Omni WLD
Nado WLD-PERP
Phoenix WLD
OKX WLD-USDT-SWAPShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC WLD_USDT | +0.0091% | 8h | 0.4525 | −0.044% | $52.6M | $48.1M | 300x | as long as short |
| Binance WLDUSDT | +0.0094% | 8h | 0.4525 | −0.044% | $84.9M | $293.0M | 75x | as long as short |
| Hyperliquid WLD | +0.0100% | 1h | 0.4526 | −0.015% | $46.5M | $41.3M | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4523 | −0.083% | $214K | $976K | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4523 | −0.090% | $51K | $481K | 5x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4523 | −0.088% | $64.5M | $80.4M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4523 | −0.088% | $7.3M | $34.8M | 75x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4522 | −0.110% | $30.0M | $25.1M | 75x | as long as short |
| BingX WLD-USDT | +0.0100% | 8h | 0.4523 | −0.088% | — | $68.1M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4524 | −0.071% | $128K | $269K | 10x | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4520 | −0.158% | $27K | $314K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4529 | +0.033% | $607K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4523 | −0.088% | $54K | $227K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4522 | −0.106% | $51K | $1.7M | 10x | as long as short |
| SunX WLD-USDTlong | +0.0100% | 8h | 0.4527 | long leg | $23K | $1.5M | 50x | |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4521 | −0.133% | $202 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4519 | −0.177% | $852K | $1.8M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4522 | −0.110% | $1.8M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4522 | −0.115% | $132K | $745K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4522 | −0.104% | $31K | $5K | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4522 | −0.114% | — | — | 20x | as long as short |
| BloFin WLD-USDT | +0.0211% | 8h | 0.4527 | 0.000% | $4.9M | $810K | 75x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0216% / S −0.1712% | 1h | 0.4525 | −0.046% | $9K | — | 100x | as long as short |
| 01 Exchange WLDUSD | +0.0312% | 1h | 0.4527 | +0.011% | $324 | $77 | 5x | as long as short |
| Injective WLD/USDC PERP | +0.0374% | 1h | 0.4542 | +0.331% | $6K | $185K | 5.5x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0400% | 1h | 0.4533 | +0.133% | $278K | $1.6M | 50x | as long as short |
| Lighter WLD | +0.0944% | 1h | 0.4532 | +0.117% | $5.1M | $2.1M | 10x | as long as short |
| Kraken Futures PF_WLDUSD | +0.1103% | 1h | 0.4524 | −0.071% | $920K | $2.6M | 50x | as long as short |
MEXC WLD_USDT
Binance WLDUSDT
Hyperliquid WLD
Aster WLDUSDT
Pacifica WLD
Bybit WLDUSDT
Gate WLD_USDT
Bitget WLDUSDT
BingX WLD-USDT
Backpack WLD_USDC_PERP
edgeX WLDUSDC
GRVT WLD_USDT_Perp
ApeX Omni WLDUSDT
Polymarket Perps WLD-USD
SoDEX WLD-USD
HTX WLD-USDT
Phemex WLDUSDT
Extended WLD-USD
Aevo WLD-PERP
Reya WLDRUSDPERP
BloFin WLD-USDT
GMX WLD/USD [ETH-USDC]
01 Exchange WLDUSD
Injective WLD/USDC PERP
Coinbase International WLD-PERP-INTX
Lighter WLD
Kraken Futures PF_WLDUSD