Funding you earn now, next payment 21:00 UTC+0.0052%/8h= +5.7% APRnext payment +$0.07 per $10,000 · paid last 24h +0.026%
Price spread now: Extended against Phoenix−0.617%68s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.426%+$43 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. Extended is 0.617% cheaper against Phoenix than usual: you would sell low and buy high (spread −0.617% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$62 on $10k: about 39 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.426% in total) that is about 10 days. The two prices were read 68 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 | Phoenix WLD | 0.4585 | 0.0052 | pay 0.0006% / 1h | 46m 02s | $5K | $52K | 10x |
| Short | Extended WLD-USD | 0.4557 | 0.0104 | get 0.0013% / 1h | 46m 02s | $133K | $745K | 10x |
Phoenix WLD
Extended WLD-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Phoenix. 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: −0.617% → 0.000%
- −$61.69
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$62.71
- Costs to cover
- 0.120%
- Break-even
- 47.0 days
Slippage unknown: Phoenix: no order-book sample; Extended: live order book, 42 min ago. 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 Phoenix no order-book sample | — | — | — | — | — |
| Sell Extended live order book, 42 min ago | 2.18 bp | 4.7 bp −$5 | 9.9 bp −$99 | doesn't fit | doesn't fit |
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 | −0.0528% | 8h | 0.4557 | −0.619% | $31K | $3.8M | 1.7x | as long as short |
| Variational Omni WLD | −0.0055% | 8h | 0.4588 | +0.046% | $2.1M | $1.7M | — | as long as short |
| Orderly PERP_WLD_USDC | −0.0028% | 8h | 0.4558 | −0.598% | $28K | $918K | 10x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4559 | −0.565% | $156K | $6K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4560 | −0.554% | $153K | $759K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4559 | −0.582% | $57K | — | 150x | as long as short |
| KuCoin WLDUSDTM | +0.0017% | 8h | 0.4555 | −0.663% | $7.0M | $10.7M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0047% | 8h | 0.4551 | −0.750% | $34.4M | $136.8M | 50x | as long as short |
| Phoenix WLDlong | +0.0052% | 1h | 0.4585 | long leg | $5K | $52K | 10x | |
| Nado WLD-PERP | +0.0058% | 1h | 0.4553 | −0.696% | $272K | $168K | 5x | 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
OKX WLD-USDT-SWAP
Nado WLD-PERPShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit WLDUSDT | +0.0080% | 8h | 0.4553 | −0.707% | $66.9M | $78.8M | 50x | as long as short |
| ApeX Omni WLDUSDT | +0.0084% | 1h | 0.4590 | +0.100% | $55K | $227K | 50x | as long as short |
| MEXC WLD_USDT | +0.0094% | 8h | 0.4557 | −0.619% | $53.1M | $46.7M | 300x | as long as short |
| Binance WLDUSDT | +0.0098% | 8h | 0.4559 | −0.585% | $86.2M | $290.0M | 75x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4558 | −0.591% | $209K | $977K | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4557 | −0.619% | $53K | $473K | 5x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4556 | −0.641% | $7.4M | $34.2M | 75x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4552 | −0.728% | $30.1M | $25.1M | 75x | as long as short |
| BingX WLD-USDC | +0.0100% | 8h | 0.4556 | −0.641% | — | $1.3M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4559 | −0.584% | $128K | $278K | 10x | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4558 | −0.597% | $27K | $316K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4566 | −0.420% | $618K | $1.9M | 10x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4556 | −0.632% | $55K | $1.7M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4563 | −0.489% | $22K | $1.5M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4557 | −0.619% | $198 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4558 | −0.598% | $858K | $1.7M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4558 | −0.598% | $1.9M | $3.8M | 50x | as long as short |
| Extended WLD-USDshort | +0.0104% | 1h | 0.4557 | −0.617% | $133K | $745K | 10x | |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4559 | −0.570% | $31K | $5K | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4557 | −0.617% | — | — | 20x | as long as short |
| Hyperliquid WLD | +0.0208% | 1h | 0.4560 | −0.552% | $47.3M | $40.5M | 10x | as long as short |
| BloFin WLD-USDT | +0.0215% | 8h | 0.4558 | −0.598% | $5.0M | $834K | 75x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0217% / S −0.0307% | 1h | 0.4558 | −0.587% | $12K | — | 100x | as long as short |
| Injective WLD/USDC PERP | +0.0374% | 1h | 0.4622 | +0.798% | $6K | $139K | 5.5x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0400% | 1h | 0.4574 | −0.249% | $275K | $1.6M | 50x | as long as short |
| 01 Exchange WLDUSD | +0.0624% | 1h | 0.4559 | −0.574% | $326 | $77 | 5x | as long as short |
| Lighter WLD | +0.1088% | 1h | 0.4568 | −0.373% | $5.1M | $2.0M | 10x | as long as short |
| Kraken Futures PF_WLDUSD | +0.1094% | 1h | 0.4561 | −0.531% | $917K | $2.5M | 50x | as long as short |
Bybit WLDUSDT
ApeX Omni WLDUSDT
MEXC WLD_USDT
Binance WLDUSDT
Aster WLDUSDT
Pacifica WLD
Gate WLD_USDT
Bitget WLDUSDT
BingX WLD-USDC
Backpack WLD_USDC_PERP
edgeX WLDUSDC
GRVT WLD_USDT_Perp
Polymarket Perps WLD-USD
SunX WLD-USDT
SoDEX WLD-USD
HTX WLD-USDT
Phemex WLDUSDT
Aevo WLD-PERP
Reya WLDRUSDPERP
Hyperliquid WLD
BloFin WLD-USDT
GMX WLD/USD [ETH-USDC]
Injective WLD/USDC PERP
Coinbase International WLD-PERP-INTX
01 Exchange WLDUSD
Lighter WLD
Kraken Futures PF_WLDUSD