Funding you earn now, next payment 22:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.003%
Price spread now: Phemex against Aevo−0.044%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.044% cheaper against Aevo than usual: you would sell low and buy high, −$4 on $10k if it 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 | Aevo WLD-PERP | 0.4557 | 0.0104 | pay 0.0013% / 1h | 31m 13s | $31K | $5K | 3x |
| Short | Phemex WLDUSDT | 0.4555 | 0.0100 | get 0.0100% / 8h | 2h 31m | $1.8M | $3.8M | 50x |
Aevo WLD-PERP
Phemex WLDUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Aevo. 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
- −$0.84
- Price spread: −0.044% → 0.000%
- −$4.37
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$33.21
- Costs to cover
- 0.280%
- Break-even
- never at this rate
Slippage unknown: Aevo: no order-book sample; Phemex: 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 Aevo no order-book sample | — | — | — | — | — |
| Sell Phemex live order book, 2 min ago | 6.59 bp | 42.2 bp −$42 | doesn't fit | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Kalshi KXWLDPERP | −0.0504% | 8h | 0.4555 | −0.044% | $44K | $3.8M | 1.7x | as long as short |
| Variational Omni WLD | −0.0030% | 8h | 0.4535 | −0.475% | $2.1M | $1.6M | — | as long as short |
| Orderly PERP_WLD_USDC | −0.0024% | 8h | 0.4555 | −0.044% | $28K | $917K | 10x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4551 | −0.125% | $155K | $6K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4557 | 0.000% | $128K | $901K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4556 | −0.011% | $57K | — | 150x | as long as short |
| KuCoin WLDUSDTM | +0.0018% | 8h | 0.4552 | −0.110% | $7.0M | $10.7M | 50x | as long as short |
| Nado WLD-PERP | +0.0044% | 1h | 0.4553 | −0.077% | $272K | $168K | 5x | as long as short |
| Phoenix WLD | +0.0052% | 1h | 0.4552 | −0.116% | $5K | $52K | 10x | as long as short |
| OKX WLD-USDT-SWAP | +0.0064% | 8h | 0.4553 | −0.088% | $34.0M | $138.1M | 50x | as long as short |
Kalshi KXWLDPERP
Variational Omni WLD
Orderly PERP_WLD_USDC
dYdX WLD-USD
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
KuCoin WLDUSDTM
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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid WLD | +0.0100% | 1h | 0.4559 | +0.035% | $47.2M | $40.7M | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4558 | +0.017% | $215K | $981K | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4551 | −0.139% | $51K | $482K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4554 | −0.058% | $85.8M | $292.0M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4553 | −0.088% | $65.1M | $80.1M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4555 | −0.044% | $7.5M | $34.5M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4554 | −0.066% | $53.0M | $47.1M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4553 | −0.088% | $30.1M | $25.2M | 75x | as long as short |
| BingX WLD-USDT | +0.0100% | 8h | 0.4555 | −0.044% | — | $67.9M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4555 | −0.046% | $129K | $275K | 10x | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4552 | −0.110% | $27K | $316K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4547 | −0.216% | $614K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4553 | −0.088% | $55K | $226K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4555 | −0.041% | $54K | $1.7M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4561 | +0.088% | $22K | $1.5M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4554 | −0.066% | $198 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4554 | −0.066% | $859K | $1.8M | 50x | as long as short |
| Phemex WLDUSDTshort | +0.0100% | 8h | 0.4555 | −0.044% | $1.8M | $3.8M | 50x | |
| Extended WLD-USD | +0.0104% | 1h | 0.4553 | −0.077% | $133K | $745K | 10x | as long as short |
| Aevo WLD-PERPlong | +0.0104% | 1h | 0.4557 | long leg | $31K | $5K | 3x | |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4555 | −0.048% | — | — | 20x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0217% / S −0.0307% | 1h | 0.4556 | −0.019% | $12K | — | 100x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4556 | −0.022% | $4.9M | $804K | 75x | as long as short |
| Injective WLD/USDC PERP | +0.0374% | 1h | 0.4622 | +1.427% | $6K | $139K | 5.5x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0400% | 1h | 0.4555 | −0.044% | $279K | $1.6M | 50x | as long as short |
| 01 Exchange WLDUSD | +0.0432% | 1h | 0.4558 | +0.024% | $326 | $77 | 5x | as long as short |
| Lighter WLD | +0.1032% | 1h | 0.4565 | +0.185% | $5.1M | $2.0M | 10x | as long as short |
| Kraken Futures PF_WLDUSD | +0.1095% | 1h | 0.4557 | −0.005% | $923K | $2.6M | 50x | as long as short |
Hyperliquid WLD
Aster WLDUSDT
Pacifica WLD
Binance WLDUSDT
Bybit WLDUSDT
Gate WLD_USDT
MEXC WLD_USDT
Bitget WLDUSDT
BingX WLD-USDT
Backpack WLD_USDC_PERP
edgeX WLDUSDC
GRVT WLD_USDT_Perp
ApeX Omni WLDUSDT
Polymarket Perps WLD-USD
SunX WLD-USDT
SoDEX WLD-USD
HTX WLD-USDT
Extended WLD-USD
Reya WLDRUSDPERP
GMX WLD/USD [ETH-USDC]
BloFin WLD-USDT
Injective WLD/USDC PERP
Coinbase International WLD-PERP-INTX
01 Exchange WLDUSD
Lighter WLD
Kraken Futures PF_WLDUSD