Funding you earn now, next payment 01:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.017%
Price spread now: Phoenix against Aster−0.279%45s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.061%−$6 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Phoenix is 0.279% cheaper against Aster than usual: you would sell low and buy high (−$28 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 45 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 | Aster WLDUSDT | 0.4636 | 0.0100 | pay 0.0100% / 8h | 6h 32m | $177K | $1.0M | 50x |
| Short | Phoenix WLD | 0.4623 | 0.0068 | get 0.0009% / 1h | 32m 41s | $5K | $54K | 10x |
Aster WLDUSDT
Phoenix WLDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against Aster. 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
- −$6.7
- Price spread: −0.279% → 0.000%
- −$27.94
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$49.65
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Aster: live order book, just now; 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 Aster live order book, just now | 4.31 bp | 15.2 bp −$15 | 33.3 bp −$333 | doesn't fit | doesn't fit |
| Sell Phoenix no order-book sample | — | — | — | — | — |
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 37 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective WLD/USDC PERP | −0.0235% | 1h | 0.4615 | −0.458% | $6K | $185K | 5.5x | as long as short |
| Kalshi KXWLDPERP | −0.0161% | 8h | 0.4624 | −0.264% | $39K | $4.4M | 1.7x | as long as short |
| KuCoin WLDUSDTM | −0.0051% | 8h | 0.4634 | −0.049% | $7.0M | $11.5M | 50x | as long as short |
| Nado WLD-PERP | −0.0004% | 1h | 0.4622 | −0.307% | $268K | $178K | 5x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4649 | +0.270% | $159K | $19K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4624 | −0.264% | $128K | $911K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4625 | −0.247% | $66K | — | 150x | as long as short |
| Gate WLD_USDT | +0.0017% | 8h | 0.4630 | −0.135% | $7.3M | $37.4M | 75x | as long as short |
| ApeX Omni WLDUSDT | +0.0047% | 1h | 0.4642 | +0.124% | $51K | $240K | 50x | as long as short |
| Orderly PERP_WLD_USDC | +0.0057% | 8h | 0.4623 | −0.286% | $28K | $898K | 10x | as long as short |
Injective WLD/USDC PERP
Kalshi KXWLDPERP
KuCoin WLDUSDTM
Nado WLD-PERP
dYdX WLD-USD
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
Gate WLD_USDT
ApeX Omni WLDUSDT
Orderly PERP_WLD_USDCShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix WLDshort | +0.0068% | 1h | 0.4623 | −0.279% | $5K | $54K | 10x | |
| Aster WLDUSDTlong | +0.0100% | 8h | 0.4636 | long leg | $177K | $1.0M | 50x | |
| Pacifica WLD | +0.0100% | 1h | 0.4648 | +0.243% | $57K | $509K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4648 | +0.251% | $88.2M | $323.6M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4650 | +0.296% | $66.4M | $87.0M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4647 | +0.232% | $34.9M | $151.4M | 50x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4649 | +0.275% | $46.9M | $55.6M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4648 | +0.253% | $30.9M | $28.9M | 75x | as long as short |
| BingX WLD-USDC | +0.0100% | 8h | 0.4629 | −0.156% | — | $1.3M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4621 | −0.323% | $139K | $293K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4642 | +0.119% | $2.1M | $1.7M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4639 | +0.069% | $28K | $318K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4646 | +0.209% | $610K | $1.9M | 10x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4624 | −0.258% | $51K | $2.1M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4631 | −0.113% | $23K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4622 | −0.307% | $224 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4618 | −0.394% | $874K | $1.9M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4620 | −0.351% | $1.8M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4629 | −0.161% | $213K | $884K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4624 | −0.264% | $31K | $600 | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4620 | −0.355% | — | — | 20x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0239% / S −0.1538% | 1h | 0.4626 | −0.225% | $6K | — | 100x | as long as short |
| 01 Exchange WLDUSD | +0.0264% | 1h | 0.4623 | −0.288% | $331 | $77 | 5x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0456% | 1h | 0.4626 | −0.221% | $274K | $1.7M | 50x | as long as short |
| Hyperliquid WLD | +0.0585% | 1h | 0.4641 | +0.111% | $51.8M | $44.0M | 10x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0647% | 1h | 0.4624 | −0.262% | $903K | $2.9M | 50x | as long as short |
| Lighter WLD | +0.0848% | 1h | 0.4658 | +0.469% | $5.3M | $2.1M | 10x | as long as short |
Pacifica WLD
Binance WLDUSDT
Bybit WLDUSDT
OKX WLD-USDT-SWAP
MEXC WLD_USDT
Bitget WLDUSDT
BingX WLD-USDC
Backpack WLD_USDC_PERP
Variational Omni WLD
edgeX WLDUSDC
GRVT WLD_USDT_Perp
Polymarket Perps WLD-USD
SunX WLD-USDT
SoDEX WLD-USD
HTX WLD-USDT
Phemex WLDUSDT
Extended WLD-USD
Aevo WLD-PERP
Reya WLDRUSDPERP
GMX WLD/USD [ETH-USDC]
01 Exchange WLDUSD
Coinbase International WLD-PERP-INTX
Hyperliquid WLD
Kraken Futures PF_WLDUSD
Lighter WLD