Funding you earn now, next payment 06:00 UTC−0.0058%/8h= −6.4% APRpaid last 24h +0.019%
Price spread now: HTX against Phoenix−0.073%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.063%+$6 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and HTX is 0.073% cheaper against Phoenix than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.063%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix WLD | 0.4529 | 0.0158 | pay 0.0020% / 1h | 6m 55s | $5K | $44K | 10x |
| Short | HTX WLD-USDT | 0.4526 | 0.0100 | get 0.0100% / 8h | 1h 06m | $828K | $1.6M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- −$12.23
- Price spread: −0.073% → 0.000%
- −$7.29
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$38.51
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Phoenix: no order-book sample; HTX: live order book, 2 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 HTX live order book, 2 min ago | 12.15 bp | 40.6 bp −$41 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Nado WLD-PERP | −0.0018% | 1h | 0.4533 | +0.093% | $239K | $169K | 5x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4526 | −0.082% | $154K | $32K | 10x | as long as short |
| Kalshi KXWLDPERP | 0.0000% | 8h | 0.4529 | −0.007% | $51K | $4.7M | 1.7x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4536 | +0.143% | $66K | — | 150x | as long as short |
| Orderly PERP_WLD_USDC | +0.0099% | 8h | 0.4536 | +0.148% | $27K | $757K | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4536 | +0.148% | $227K | $1.1M | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4524 | −0.107% | $49K | $537K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4535 | +0.129% | $86.4M | $335.0M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4534 | +0.104% | $64.6M | $89.4M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4534 | +0.104% | $34.3M | $152.3M | 50x | as long as short |
Show all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate WLD_USDT | +0.0100% | 8h | 0.4534 | +0.104% | $7.1M | $36.4M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4536 | +0.148% | $40.2M | $57.7M | 300x | as long as short |
| KuCoin WLDUSDTM | +0.0100% | 8h | 0.4534 | +0.104% | $6.7M | $11.7M | 50x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4536 | +0.148% | $30.0M | $30.9M | 75x | as long as short |
| BingX WLD-USDT | +0.0100% | 8h | 0.4536 | +0.148% | — | $69.8M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4540 | +0.227% | $135K | $292K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4526 | −0.080% | $2.1M | $1.6M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4525 | −0.085% | $27K | $320K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4530 | +0.016% | $597K | $2.1M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4529 | −0.007% | $48K | $238K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4533 | +0.082% | $47K | $2.6M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4529 | −0.007% | $23K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4538 | +0.192% | $220 | $5K | 10x | as long as short |
| HTX WLD-USDTshort | +0.0100% | 8h | 0.4526 | −0.073% | $828K | $1.6M | 50x | |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4538 | +0.192% | $1.8M | $3.6M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4533 | +0.087% | $208K | $1.0M | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4537 | +0.170% | $31K | $500 | 3x | as long as short |
| Injective WLD/USDC PERP | +0.0132% | 1h | 0.4581 | +1.141% | $6K | $185K | 5.5x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4533 | +0.077% | — | — | 20x | as long as short |
| Lighter WLD | +0.0136% | 1h | 0.4544 | +0.327% | $4.9M | $2.9M | 10x | as long as short |
| 01 Exchange WLDUSD | +0.0136% | 1h | 0.4531 | +0.026% | $324 | $55 | 5x | as long as short |
| Phoenix WLDlong | +0.0158% | 1h | 0.4529 | long leg | $5K | $44K | 10x | |
| GMX WLD/USD [ETH-USDC] | L +0.0219% / S −0.0967% | 1h | 0.4536 | +0.154% | $4K | — | 100x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4541 | +0.258% | $4.8M | $916K | 75x | as long as short |
| Deribit WLD_USDC-PERPETUAL | +0.0411% | 1h | 0.4539 | +0.214% | $151K | $954K | 25x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0488% | 1h | 0.4530 | +0.015% | $273K | $1.6M | 50x | as long as short |
| Hyperliquid WLD | +0.0507% | 1h | 0.4544 | +0.316% | $49.9M | $43.7M | 10x | as long as short |
| Kraken Futures PF_WLDUSD | +0.1043% | 1h | 0.4541 | +0.251% | $877K | $2.8M | 50x | as long as short |
Phoenix WLD
HTX WLD-USDT
Kalshi KXWLDPERP
gTrade (Gains Network) WLD/USD
Aster WLDUSDT
Pacifica WLD
Binance WLDUSDT
Bybit WLDUSDT
OKX WLD-USDT-SWAP
Gate WLD_USDT
MEXC WLD_USDT
KuCoin WLDUSDTM
Bitget WLDUSDT
BingX WLD-USDT
Backpack WLD_USDC_PERP
Variational Omni WLD
edgeX WLDUSDC
GRVT WLD_USDT_Perp
ApeX Omni WLDUSDT
Polymarket Perps WLD-USD
SunX WLD-USDT
SoDEX WLD-USD
Phemex WLDUSDT
Extended WLD-USD
Injective WLD/USDC PERP
Lighter WLD
01 Exchange WLDUSD
GMX WLD/USD [ETH-USDC]
BloFin WLD-USDT
Deribit WLD_USDC-PERPETUAL
Coinbase International WLD-PERP-INTX
Hyperliquid WLD
Kraken Futures PF_WLDUSD