Settings8H · net · $10k
Funding arb · Price arb /

WLD

all WLD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0084%/8h= +9.2% APRnext payment +$0.11 per $10,000 · paid last 24h +0.011%
Price spread now: Phoenix against Nado−1.428%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropNado: Active · farm boardneeds both histories
Funding pays, the price is against you. Phoenix is 1.428% cheaper against Nado than usual: you would sell low and buy high (spread −1.428% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$143 on $10k: about 56 days of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado WLD-PERP0.4715−0.0016get 0.0002% / 1h27m 00s$274K$189K5x
ShortPhoenix WLD0.46480.0068get 0.0009% / 1h27m 00s$5K$54K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phoenix against Nado. 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

Funding earned
$17.74
Price spread: −1.428% → 0.000%
−$142.83
Slippage, 4 orders
no order book: not counted
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Phoenix: 3.5 bp × 2 orders
−$7
Net
−$139.1
Costs to cover
0.140%
Break-even
61.9 days
Slippage unknown: Nado: live order book, 41 min ago; 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
LegHalf-spread$10k$100k$1M$5M
Buy Nado live order book, 41 min ago11.10 bp15.2 bp −$1543.6 bp −$436doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective WLD/USDC PERP−0.0235%1h0.4615−2.126%$6K$185K5.5xas long as short
Kalshi KXWLDPERP−0.0153%8h0.4705−0.217%$46K$4.4M1.7xas long as short
KuCoin WLDUSDTM−0.0049%8h0.4710−0.111%$7.1M$11.5M50xas long as short
Nado WLD-PERPlong−0.0016%1h0.4715long leg$274K$189K5x
dYdX WLD-USD0.0000%1h0.4718+0.052%$161K$19K10xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4712−0.074%$57K150xas long as short
Gate WLD_USDT+0.0039%8h0.4710−0.111%$7.4M$37.6M75xas long as short
ApeX Omni WLDUSDT+0.0057%1h0.4659−1.193%$51K$237K50xas long as short
Orderly PERP_WLD_USDC+0.0058%8h0.4709−0.133%$29K$897K10xas long as short
Phoenix WLDshort+0.0068%1h0.4648−1.428%$5K$54K10x
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster WLDUSDT+0.0100%8h0.4710−0.108%$181K$1.0M50xas long as short
Pacifica WLD+0.0100%1h0.4715−0.014%$57K$506K5xas long as short
Binance WLDUSDT+0.0100%8h0.4712−0.071%$89.5M$324.2M75xas long as short
Bybit WLDUSDT+0.0100%8h0.4710−0.111%$67.7M$87.3M50xas long as short
OKX WLD-USDT-SWAP+0.0100%8h0.4709−0.133%$35.4M$153.8M50xas long as short
MEXC WLD_USDT+0.0100%8h0.4710−0.111%$47.4M$55.7M300xas long as short
Bitget WLDUSDT+0.0100%8h0.4711−0.090%$31.3M$29.2M75xas long as short
BingX WLD-USDC+0.0100%8h0.4710−0.111%$1.3Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4713−0.041%$139K$293K10xas long as short
Variational Omni WLD+0.0100%8h0.4652−1.346%$2.1M$1.7Mas long as short
edgeX WLDUSDC+0.0100%4h0.4659−1.199%$28K$316K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4662−1.129%$619K$1.9M10xas long as short
Polymarket Perps WLD-USD+0.0100%1h0.4718+0.069%$49K$2.0M10xas long as short
SunX WLD-USDT+0.0100%8h0.4717+0.037%$23K$1.6M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4706−0.196%$227$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4708−0.154%$892K$1.8M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4709−0.133%$1.9M$3.7M50xas long as short
Extended WLD-USD+0.0104%1h0.4707−0.169%$217K$885K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4709−0.122%$32K$6003xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4717+0.042%20xas long as short
Deribit WLD_USDC-PERPETUAL+0.0175%1h0.4710−0.111%$130K$895K25xas long as short
GMX WLD/USD [ETH-USDC]L +0.0230% / S −0.1268%1h0.4712−0.070%$5K100xas long as short
01 Exchange WLDUSD+0.0256%1h0.4718+0.067%$338$775xas long as short
Coinbase International WLD-PERP-INTX+0.0456%1h0.4706−0.196%$279K$1.8M50xas long as short
Hyperliquid WLD+0.0590%1h0.4720+0.094%$52.7M$44.1M10xas long as short
Kraken Futures PF_WLDUSD+0.0636%1h0.4707−0.174%$920K$2.9M50xas long as short
Lighter WLD+0.0848%1h0.4720+0.096%$5.4M$2.1M10xas long as short