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

WLD

all WLD markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
Funding, last 7 days+0.063%+$6 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhoenix WLD0.45290.0158pay 0.0020% / 1h6m 55s$5K$44K10x
ShortHTX WLD-USDT0.45260.0100get 0.0100% / 8h1h 06m$828K$1.6M50x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Phoenix no order-book sample
Sell HTX live order book, 2 min ago12.15 bp40.6 bp −$41doesn't fitdoesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado WLD-PERP−0.0018%1h0.4533+0.093%$239K$169K5xas long as short
dYdX WLD-USD0.0000%1h0.4526−0.082%$154K$32K10xas long as short
Kalshi KXWLDPERP0.0000%8h0.4529−0.007%$51K$4.7M1.7xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4536+0.143%$66K150xas long as short
Orderly PERP_WLD_USDC+0.0099%8h0.4536+0.148%$27K$757K10xas long as short
Aster WLDUSDT+0.0100%8h0.4536+0.148%$227K$1.1M50xas long as short
Pacifica WLD+0.0100%1h0.4524−0.107%$49K$537K5xas long as short
Binance WLDUSDT+0.0100%8h0.4535+0.129%$86.4M$335.0M75xas long as short
Bybit WLDUSDT+0.0100%8h0.4534+0.104%$64.6M$89.4M50xas long as short
OKX WLD-USDT-SWAP+0.0100%8h0.4534+0.104%$34.3M$152.3M50xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate WLD_USDT+0.0100%8h0.4534+0.104%$7.1M$36.4M75xas long as short
MEXC WLD_USDT+0.0100%8h0.4536+0.148%$40.2M$57.7M300xas long as short
KuCoin WLDUSDTM+0.0100%8h0.4534+0.104%$6.7M$11.7M50xas long as short
Bitget WLDUSDT+0.0100%8h0.4536+0.148%$30.0M$30.9M75xas long as short
BingX WLD-USDT+0.0100%8h0.4536+0.148%$69.8Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4540+0.227%$135K$292K10xas long as short
Variational Omni WLD+0.0100%8h0.4526−0.080%$2.1M$1.6Mas long as short
edgeX WLDUSDC+0.0100%4h0.4525−0.085%$27K$320K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4530+0.016%$597K$2.1M10xas long as short
ApeX Omni WLDUSDT+0.0100%1h0.4529−0.007%$48K$238K50xas long as short
Polymarket Perps WLD-USD+0.0100%1h0.4533+0.082%$47K$2.6M10xas long as short
SunX WLD-USDT+0.0100%8h0.4529−0.007%$23K$1.6M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4538+0.192%$220$5K10xas long as short
HTX WLD-USDTshort+0.0100%8h0.4526−0.073%$828K$1.6M50x
Phemex WLDUSDT+0.0100%8h0.4538+0.192%$1.8M$3.6M50xas long as short
Extended WLD-USD+0.0104%1h0.4533+0.087%$208K$1.0M10xas long as short
Aevo WLD-PERP+0.0104%1h0.4537+0.170%$31K$5003xas long as short
Injective WLD/USDC PERP+0.0132%1h0.4581+1.141%$6K$185K5.5xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4533+0.077%20xas long as short
Lighter WLD+0.0136%1h0.4544+0.327%$4.9M$2.9M10xas long as short
01 Exchange WLDUSD+0.0136%1h0.4531+0.026%$324$555xas long as short
Phoenix WLDlong+0.0158%1h0.4529long leg$5K$44K10x
GMX WLD/USD [ETH-USDC]L +0.0219% / S −0.0967%1h0.4536+0.154%$4K100xas long as short
BloFin WLD-USDT+0.0220%8h0.4541+0.258%$4.8M$916K75xas long as short
Deribit WLD_USDC-PERPETUAL+0.0411%1h0.4539+0.214%$151K$954K25xas long as short
Coinbase International WLD-PERP-INTX+0.0488%1h0.4530+0.015%$273K$1.6M50xas long as short
Hyperliquid WLD+0.0507%1h0.4544+0.316%$49.9M$43.7M10xas long as short
Kraken Futures PF_WLDUSD+0.1043%1h0.4541+0.251%$877K$2.8M50xas long as short