WLD

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0016%/8h= −1.7% APRnext payment −$0.02 per $10,000 · paid last 24h +0.048%

Price spread now: Injective against Phoenix+0.318%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Phoenix Short on Injective

What this pair did over the last

the charts below follow

Funding, last 7 days+0.051%+$5 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. Injective is 0.318% dearer against Phoenix than usual: you sell high and buy low (spread +0.318% now, against zero (this spread has no 7-day history yet)): +$32 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 2 months. Mind the row above: over the last 7 days funding on this pair paid +0.051%, 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	0.4561	0.0157	pay 0.0020% / 1h	31m 18s	$5K	$52K	10x
Short	Injective WLD/USDC PERP	0.4576	0.0142	get 0.0018% / 1h	31m 18s	$6K	$185K	5.5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective 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

Position, each leg$Hold fordaysFee PhoenixbpFee InjectivebpOrdersPrice spread, now +0.318%Rate

Funding earned: −$3.26
Price spread: +0.318% → 0.000%: $31.79
Slippage, 4 orders: no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders: −$7
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $21.51
Costs to cover: 0.070%
Break-even: from the start

Slippage unknown: Phoenix: no order-book sample; Injective: live order book, 53 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 Injective live order book, 53 min ago	44.85 bp	doesn't fit	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	−0.0033%	1h	0.4577	+0.351%	$243K	$205K	5x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4567	+0.125%	$156K	$33K	10x	as long as short
Kalshi KXWLDPERP	0.0000%	8h	0.4563	+0.033%	$51K	$4.7M	1.7x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4581	+0.420%	$66K	—	150x	as long as short
KuCoin WLDUSDTM	+0.0021%	8h	0.4577	+0.340%	$6.9M	$11.8M	50x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4582	+0.450%	$210K	$1.1M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4568	+0.149%	$49K	$524K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4581	+0.420%	$87.4M	$329.7M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4583	+0.471%	$65.4M	$90.1M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4581	+0.427%	$34.6M	$151.8M	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	0.4578	+0.362%	$7.3M	$36.4M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4580	+0.406%	$41.7M	$54.6M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4582	+0.449%	$30.3M	$30.3M	75x	as long as short
BingX WLD-USDT	+0.0100%	8h	0.4581	+0.427%	—	$67.6M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4566	+0.094%	$137K	$302K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4568	+0.136%	$2.1M	$1.6M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4559	−0.060%	$27K	$320K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4563	+0.033%	$601K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4562	+0.011%	$43K	$238K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4579	+0.379%	$40K	$2.1M	10x	as long as short
Orderly PERP_WLD_USDC	+0.0100%	8h	0.4582	+0.449%	$28K	$867K	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4589	+0.603%	$23K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4581	+0.427%	$204	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4577	+0.340%	$837K	$1.8M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4579	+0.384%	$1.8M	$3.6M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4580	+0.409%	$217K	$984K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4585	+0.504%	$31K	$600	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4579	+0.377%	—	—	20x	as long as short
Injective WLD/USDC PERPshort	+0.0142%	1h	0.4576	+0.318%	$6K	$185K	5.5x
Phoenix WLDlong	+0.0157%	1h	0.4561	long leg	$5K	$52K	10x
BloFin WLD-USDT	+0.0220%	8h	0.4559	−0.055%	$4.9M	$891K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0229% / S −0.1268%	1h	0.4581	+0.425%	$5K	—	100x	as long as short
01 Exchange WLDUSD	+0.0304%	1h	0.4580	+0.395%	$328	$55	5x	as long as short
Deribit WLD_USDC-PERPETUAL	+0.0405%	1h	0.4586	+0.537%	$124K	$959K	25x	as long as short
Hyperliquid WLD	+0.0436%	1h	0.4586	+0.526%	$50.4M	$43.4M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.0518%	1h	0.4583	+0.473%	$894K	$2.9M	50x	as long as short
Coinbase International WLD-PERP-INTX	+0.0560%	1h	0.4589	+0.603%	$269K	$1.7M	50x	as long as short
Lighter WLD	+0.0800%	1h	0.4576	+0.309%	$5.2M	$2.6M	10x	as long as short