Funding you earn now, next payment 03:00 UTC+0.0058%/8h= +6.3% APRnext payment +$0.07 per $10,000 · paid last 24h −0.023%
Price spread now: Phoenix against Pacifica+0.327%47s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.122%−$12 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Phoenix is 0.327% dearer against Pacifica than usual: you sell high and buy low: +$33 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.122%, so the current rate has only just turned in your favour. The two prices were read 47 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 | Pacifica WLD | 0.4553 | 0.0100 | pay 0.0013% / 1h | 4m 06s | $49K | $527K | 5x |
| Short | Phoenix WLD | 0.4568 | 0.0158 | get 0.0020% / 1h | 4m 06s | $5K | $52K | 10x |
Pacifica WLD
Phoenix WLDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against Pacifica. 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
- $12.11
- Price spread: +0.327% → 0.000%
- $32.73
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- $29.83
- Costs to cover
- 0.150%
- Break-even
- from the start
Slippage unknown: Pacifica: live order book, 55 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Pacifica live order book, 55 min ago | 1.10 bp | 16.3 bp −$16 | doesn't fit | 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 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 | |
|---|---|---|---|---|---|---|---|---|
| Nado WLD-PERP | −0.0046% | 1h | 0.4555 | +0.033% | $241K | $205K | 5x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4552 | −0.030% | $155K | $33K | 10x | as long as short |
| Kalshi KXWLDPERP | 0.0000% | 8h | 0.4556 | +0.066% | $53K | $4.6M | 1.7x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4560 | +0.154% | $66K | — | 150x | as long as short |
| KuCoin WLDUSDTM | +0.0004% | 8h | 0.4563 | +0.220% | $6.9M | $11.7M | 50x | as long as short |
| Injective WLD/USDC PERP | +0.0014% | 1h | 0.4583 | +0.659% | $6K | $185K | 5.5x | as long as short |
| Lighter WLD | +0.0096% | 1h | 0.4570 | +0.365% | $4.9M | $2.4M | 10x | as long as short |
| Orderly PERP_WLD_USDC | +0.0098% | 8h | 0.4561 | +0.176% | $28K | $885K | 10x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4555 | +0.042% | $46K | $2.2M | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4560 | +0.164% | $211K | $1.1M | 50x | as long as short |
Nado WLD-PERP
dYdX WLD-USD
Kalshi KXWLDPERP
gTrade (Gains Network) WLD/USD
KuCoin WLDUSDTM
Injective WLD/USDC PERP
Lighter WLD
Orderly PERP_WLD_USDC
Polymarket Perps WLD-USD
Aster WLDUSDTShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica WLDlong | +0.0100% | 1h | 0.4553 | long leg | $49K | $527K | 5x | |
| Binance WLDUSDT | +0.0100% | 8h | 0.4564 | +0.242% | $86.5M | $328.8M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4563 | +0.220% | $65.0M | $89.5M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4561 | +0.176% | $34.3M | $149.8M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4561 | +0.176% | $7.2M | $37.0M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4564 | +0.242% | $43.4M | $54.6M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4563 | +0.220% | $30.2M | $30.2M | 75x | as long as short |
| BingX WLD-USDC | +0.0100% | 8h | 0.4564 | +0.242% | — | $1.3M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4564 | +0.237% | $136K | $299K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4556 | +0.059% | $2.1M | $1.7M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4562 | +0.189% | $27K | $319K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4561 | +0.176% | $603K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4563 | +0.220% | $43K | $238K | 50x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4560 | +0.154% | $22K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4563 | +0.220% | $172 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4554 | +0.022% | $832K | $1.8M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4568 | +0.329% | $1.8M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4558 | +0.103% | $218K | $981K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4562 | +0.198% | $31K | $600 | 3x | as long as short |
| 01 Exchange WLDUSD | +0.0128% | 1h | 0.4555 | +0.051% | $326 | $80 | 5x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4557 | +0.094% | — | — | 20x | as long as short |
| Phoenix WLDshort | +0.0158% | 1h | 0.4568 | +0.327% | $5K | $52K | 10x | |
| Deribit WLD_USDC-PERPETUAL | +0.0189% | 1h | 0.4562 | +0.198% | $124K | $963K | 25x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4550 | −0.066% | $4.9M | $827K | 75x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0229% / S −0.1268% | 1h | 0.4561 | +0.170% | $5K | — | 100x | as long as short |
| Hyperliquid WLD | +0.0334% | 1h | 0.4568 | +0.338% | $50.2M | $43.3M | 10x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0481% | 1h | 0.4566 | +0.278% | $881K | $2.8M | 50x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0496% | 1h | 0.4561 | +0.176% | $267K | $1.6M | 50x | as long as short |
Binance WLDUSDT
Bybit WLDUSDT
OKX WLD-USDT-SWAP
Gate WLD_USDT
MEXC WLD_USDT
Bitget WLDUSDT
BingX WLD-USDC
Backpack WLD_USDC_PERP
Variational Omni WLD
edgeX WLDUSDC
GRVT WLD_USDT_Perp
ApeX Omni WLDUSDT
SunX WLD-USDT
SoDEX WLD-USD
HTX WLD-USDT
Phemex WLDUSDT
Extended WLD-USD
Aevo WLD-PERP
01 Exchange WLDUSD
Reya WLDRUSDPERP
Deribit WLD_USDC-PERPETUAL
BloFin WLD-USDT
GMX WLD/USD [ETH-USDC]
Hyperliquid WLD
Kraken Futures PF_WLDUSD
Coinbase International WLD-PERP-INTX