Funding you earn now, next payment 21:00 UTC−0.0052%/8h= −5.7% APRnext payment −$0.07 per $10,000 · paid last 24h −0.023%
Price spread now: Phoenix against Aevo−0.194%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
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Phoenix is 0.194% cheaper against Aevo than usual: you would sell low and buy high (−$19 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo WLD-PERP | 0.4545 | 0.0104 | pay 0.0013% / 1h | 36m 45s | $31K | $5K | 3x |
| Short | Phoenix WLD | 0.4536 | 0.0052 | get 0.0006% / 1h | 36m 45s | $5K | $52K | 10x |
Aevo WLD-PERP
Phoenix WLDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix 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
- −$10.98
- Price spread: −0.194% → 0.000%
- −$19.36
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$53.34
- Costs to cover
- 0.230%
- Break-even
- never at this rate
Slippage unknown: Aevo: no order-book sample; Phoenix: 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 Aevo no order-book sample | — | — | — | — | — |
| Sell Phoenix no order-book sample | — | — | — | — | — |
Aevo and Phoenix: 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 | −0.0581% | 8h | 0.4537 | −0.165% | $44K | $3.8M | 1.7x | as long as short |
| Variational Omni WLD | −0.0037% | 8h | 0.4543 | −0.044% | $2.1M | $1.6M | — | as long as short |
| Orderly PERP_WLD_USDC | −0.0026% | 8h | 0.4544 | −0.011% | $28K | $918K | 10x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4540 | −0.109% | $155K | $6K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4545 | +0.011% | $136K | $889K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4543 | −0.043% | $56K | — | 150x | as long as short |
| KuCoin WLDUSDTM | +0.0017% | 8h | 0.4541 | −0.077% | $7.0M | $10.7M | 50x | as long as short |
| Nado WLD-PERP | +0.0051% | 1h | 0.4539 | −0.121% | $271K | $168K | 5x | as long as short |
| Phoenix WLDshort | +0.0052% | 1h | 0.4536 | −0.194% | $5K | $52K | 10x | |
| OKX WLD-USDT-SWAP | +0.0061% | 8h | 0.4533 | −0.253% | $34.0M | $137.3M | 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
OKX WLD-USDT-SWAPShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit WLDUSDT | +0.0096% | 8h | 0.4534 | −0.231% | $65.0M | $80.0M | 50x | as long as short |
| Hyperliquid WLD | +0.0100% | 1h | 0.4543 | −0.031% | $47.0M | $40.7M | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4541 | −0.085% | $208K | $981K | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4540 | −0.095% | $50K | $482K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4536 | −0.193% | $85.7M | $291.4M | 75x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4537 | −0.165% | $7.4M | $34.4M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4539 | −0.121% | $52.6M | $47.0M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4537 | −0.165% | $30.0M | $25.2M | 75x | as long as short |
| BingX WLD-USDT | +0.0100% | 8h | 0.4539 | −0.121% | — | $67.9M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4543 | −0.031% | $129K | $274K | 10x | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4544 | −0.003% | $27K | $315K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4543 | −0.032% | $613K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4542 | −0.055% | $55K | $226K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4542 | −0.053% | $54K | $1.7M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4547 | +0.055% | $22K | $1.5M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4542 | −0.055% | $198 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4539 | −0.121% | $856K | $1.8M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4543 | −0.033% | $1.8M | $3.8M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4537 | −0.176% | $132K | $745K | 10x | as long as short |
| Aevo WLD-PERPlong | +0.0104% | 1h | 0.4545 | long leg | $31K | $5K | 3x | |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4541 | −0.069% | — | — | 20x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0217% / S −0.0307% | 1h | 0.4543 | −0.028% | $12K | — | 100x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4545 | +0.011% | $4.9M | $802K | 75x | as long as short |
| Injective WLD/USDC PERP | +0.0374% | 1h | 0.4622 | +1.705% | $6K | $139K | 5.5x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0400% | 1h | 0.4544 | −0.011% | $281K | $1.6M | 50x | as long as short |
| 01 Exchange WLDUSD | +0.0480% | 1h | 0.4547 | +0.064% | $325 | $77 | 5x | as long as short |
| Lighter WLD | +0.1040% | 1h | 0.4545 | +0.002% | $5.1M | $2.0M | 10x | as long as short |
| Kraken Futures PF_WLDUSD | +0.1098% | 1h | 0.4545 | +0.003% | $923K | $2.6M | 50x | as long as short |
Bybit WLDUSDT
Hyperliquid WLD
Aster WLDUSDT
Pacifica WLD
Binance 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
Phemex WLDUSDT
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