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

WLD

all WLD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0184%/8h= −20.2% APRnext payment $0.23 per $10,000 · paid last 24h −0.011%
Price spread now: Nado against Phoenix+0.264%7-day average · you sell dearer than you buy
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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropNado: Active · farm boardneeds both histories
The price spread pays, funding is against you. Nado is 0.264% dearer against Phoenix than usual: you sell high and buy low (spread +0.264% now, against zero (this spread has no 7-day history yet)): +$26 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 4.8 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhoenix WLD0.46150.0157pay 0.0020% / 1h38m 56s$5K$53K10x
ShortNado WLD-PERP0.4627−0.0027pay 0.0003% / 1h38m 56s$279K$169K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado 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
−$38.67
Price spread: +0.264% → 0.000%
$26.43
Slippage, 4 orders
no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders
−$7
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$26.24
Costs to cover
0.140%
Break-even
from the start
Slippage unknown: Phoenix: no order-book sample; Nado: live order book, 34 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 Nado live order book, 34 min ago5.24 bp13.4 bp −$1328.1 bp −$281doesn'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
Kalshi KXWLDPERP−0.0188%8h0.4629+0.297%$58K$3.9M1.7xas long as short
Nado WLD-PERPshort−0.0027%1h0.4627+0.264%$279K$169K5x
KuCoin WLDUSDTM−0.0014%8h0.4625+0.210%$7.0M$11.1M50xas long as short
dYdX WLD-USD0.0000%1h0.4631+0.347%$165K$13K10xas long as short
Deribit WLD_USDC-PERPETUAL0.0000%1h0.4625+0.210%$124K$863K25xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4625+0.213%$57K150xas long as short
Injective WLD/USDC PERP+0.0038%1h0.4597−0.397%$6K$185K5.5xas long as short
Orderly PERP_WLD_USDC+0.0042%8h0.4624+0.189%$28K$903K10xas long as short
Aster WLDUSDT+0.0100%8h0.4630+0.311%$193K$984K50xas long as short
Pacifica WLD+0.0100%1h0.4633+0.383%$54K$482K5xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance WLDUSDT+0.0100%8h0.4627+0.254%$87.6M$304.1M75xas long as short
Bybit WLDUSDT+0.0100%8h0.4627+0.254%$66.5M$82.3M50xas long as short
OKX WLD-USDT-SWAP+0.0100%8h0.4626+0.232%$34.7M$144.7M50xas long as short
Gate WLD_USDT+0.0100%8h0.4627+0.254%$7.6M$35.3M75xas long as short
MEXC WLD_USDT+0.0100%8h0.4628+0.275%$47.2M$53.3M300xas long as short
Bitget WLDUSDT+0.0100%8h0.4626+0.232%$30.7M$26.2M75xas long as short
BingX WLD-USDT+0.0100%8h0.4627+0.254%$67.1Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4628+0.271%$138K$280K10xas long as short
Variational Omni WLD+0.0100%8h0.4618+0.054%$2.1M$1.7Mas long as short
edgeX WLDUSDC+0.0100%4h0.4618+0.059%$27K$316K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4612−0.068%$609K$1.9M10xas long as short
ApeX Omni WLDUSDT+0.0100%1h0.4622+0.145%$54K$229K50xas long as short
Polymarket Perps WLD-USD+0.0100%1h0.4627+0.262%$56K$1.6M10xas long as short
SunX WLD-USDT+0.0100%8h0.4629+0.297%$23K$1.5M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4623+0.167%$215$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4628+0.275%$861K$1.8M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4621+0.124%$1.8M$3.7M50xas long as short
Extended WLD-USD+0.0104%1h0.4627+0.244%$234K$847K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4624+0.196%$31K$6003xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4624+0.184%20xas long as short
Phoenix WLDlong+0.0157%1h0.4615long leg$5K$53K10x
BloFin WLD-USDT+0.0220%8h0.4627+0.254%$4.9M$831K75xas long as short
GMX WLD/USD [ETH-USDC]L +0.0229% / S −0.1268%1h0.4626+0.225%$5K100xas long as short
01 Exchange WLDUSD+0.0248%1h0.4632+0.366%$331$775xas long as short
Kraken Futures PF_WLDUSD+0.0326%1h0.4626+0.222%$911K$2.7M50xas long as short
Coinbase International WLD-PERP-INTX+0.0448%1h0.4630+0.319%$274K$1.7M50xas long as short
Hyperliquid WLD+0.0728%1h0.4633+0.394%$51.6M$43.4M10xas long as short
Lighter WLD+0.0936%1h0.4632+0.368%$5.2M$2.0M10xas long as short