WLD

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0173%/8h= +19.0% APRnext payment +$0.22 per $10,000 · paid last 24h +0.011%

Price spread now: Phoenix against gTrade (Gains Network)−0.049%63s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on gTrade (Gains Network)Short on Phoenix

What this pair did over the last

the charts below follow

Funding, last 4 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 pays, the price is against you. Phoenix is 0.049% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.049% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 23 hours of funding at the current rate (+$5 a day). The two prices were read 63 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	gTrade (Gains Network) WLD/USD	0.4524	L +0.0003% / S −0.0003%	pay 0.0000% / 1h	58m 09s	$65K	—	150x
Short	Phoenix WLD	0.4522	0.0177	get 0.0022% / 1h	58m 09s	$4K	$42K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phoenix against gTrade (Gains Network). Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee gTrade (Gains Network)bpFee PhoenixbpOrdersPrice spread, now −0.049%Rate

Funding earned: $36.42
Price spread: −0.049% → 0.000%: −$4.89
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: $14.53
Costs to cover: 0.170%
Break-even: 4.2 days

Slippage unknown: gTrade (Gains Network): 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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell Phoenix no order-book sample	—	—	—	—	—

gTrade (Gains Network) 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
Phemex WLDUSDT	−0.0505%	8h	0.4523	−0.020%	$1.7M	$3.6M	50x	as long as short
Bybit WLDUSDT	−0.0097%	8h	0.4518	−0.131%	$63.9M	$89.4M	50x	as long as short
Nado WLD-PERP	−0.0050%	1h	0.4526	+0.046%	$235K	$175K	5x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4527	+0.075%	$154K	$32K	10x	as long as short
Kalshi KXWLDPERP	0.0000%	8h	0.4524	+0.002%	$40K	$4.6M	1.7x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4525	+0.024%	$119K	$1.0M	25x	as long as short
gTrade (Gains Network) WLD/USDlong	L +0.0003% / S −0.0003%	1h	0.4524	long leg	$65K	—	150x
Orderly PERP_WLD_USDC	+0.0099%	8h	0.4525	+0.024%	$27K	$633K	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4526	+0.042%	$228K	$1.0M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4528	+0.097%	$54K	$543K	5x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance WLDUSDT	+0.0100%	8h	0.4524	−0.004%	$86.8M	$333.4M	75x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4519	−0.109%	$34.2M	$150.2M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4522	−0.042%	$7.1M	$34.5M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4520	−0.086%	$42.2M	$55.4M	300x	as long as short
KuCoin WLDUSDTM	+0.0100%	8h	0.4520	−0.086%	$6.6M	$11.6M	50x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4519	−0.109%	$29.8M	$31.0M	75x	as long as short
BingX WLD-USDT	+0.0100%	8h	0.4520	−0.086%	—	$20.1M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4521	−0.069%	$132K	$298K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4521	−0.067%	$2.1M	$1.5M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4513	−0.238%	$27K	$321K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4525	+0.026%	$599K	$2.1M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4515	−0.197%	$48K	$238K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4526	+0.057%	$49K	$2.7M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4530	+0.135%	$23K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4524	+0.002%	$221	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4526	+0.046%	$828K	$1.5M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4522	−0.035%	$208K	$878K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4526	+0.035%	$31K	$500	3x	as long as short
Injective WLD/USDC PERP	+0.0109%	1h	0.4508	−0.352%	$6K	$185K	5.5x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4523	−0.012%	—	—	20x	as long as short
Phoenix WLDshort	+0.0177%	1h	0.4522	−0.049%	$4K	$42K	10x
GMX WLD/USD [ETH-USDC]	L +0.0219% / S −0.0967%	1h	0.4522	−0.043%	$4K	—	100x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4524	+0.002%	$4.4M	$898K	75x	as long as short
01 Exchange WLDUSD	+0.0240%	1h	0.4529	+0.121%	$324	$55	5x	as long as short
Lighter WLD	+0.0256%	1h	0.4526	+0.040%	$4.9M	$2.9M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.0303%	1h	0.4526	+0.038%	$870K	$2.8M	50x	as long as short
Hyperliquid WLD	+0.0370%	1h	0.4525	+0.029%	$50.3M	$43.0M	10x	as long as short
Coinbase International WLD-PERP-INTX	+0.0440%	1h	0.4527	+0.068%	$269K	$1.6M	50x	as long as short