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

WLD

all WLD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0124%/8h= +13.6% APRnext payment +$0.16 per $10,000 · paid last 24h −0.045%
Price spread now: 01 Exchange against Phoenix−0.118%52s7-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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. 01 Exchange is 0.118% cheaper against Phoenix than usual: you would sell low and buy high (spread −0.118% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$12 on $10k: about 3.2 days of funding at the current rate (+$4 a day). The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhoenix WLD0.45870.0124pay 0.0015% / 1h21m 47s$5K$53K10x
Short01 Exchange WLDUSD0.45820.0248get 0.0031% / 1h21m 47s$328$775x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
$26.05
Price spread: −0.118% → 0.000%
−$11.77
Slippage, 4 orders
no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders
−$7
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
$0.28
Costs to cover
0.140%
Break-even
6.9 days
Slippage unknown: Phoenix: no order-book sample; 01 Exchange: no order-book sample. 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 01 Exchange no order-book sample
Phoenix and 01 Exchange: 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−0.0319%8h0.4573−0.310%$61K$3.8M1.7xas long as short
Injective WLD/USDC PERP−0.0079%1h0.4623+0.780%$6K$185K5.5xas long as short
dYdX WLD-USD0.0000%1h0.4584−0.062%$164K$13K10xas long as short
Deribit WLD_USDC-PERPETUAL0.0000%1h0.4582−0.113%$108K$900K25xas long as short
Orderly PERP_WLD_USDC+0.0001%8h0.4579−0.179%$28K$913K10xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4580−0.153%$57K150xas long as short
KuCoin WLDUSDTM+0.0004%8h0.4582−0.113%$7.0M$10.8M50xas long as short
Nado WLD-PERP+0.0054%1h0.4577−0.222%$276K$169K5xas long as short
Variational Omni WLD+0.0074%8h0.4588+0.016%$2.1M$1.6Mas long as short
Aster WLDUSDT+0.0100%8h0.4584−0.075%$201K$986K50xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica WLD+0.0100%1h0.4584−0.076%$53K$481K5xas long as short
Binance WLDUSDT+0.0100%8h0.4583−0.088%$86.7M$297.5M75xas long as short
Bybit WLDUSDT+0.0100%8h0.4583−0.092%$65.7M$82.1M50xas long as short
OKX WLD-USDT-SWAP+0.0100%8h0.4580−0.157%$34.3M$141.4M50xas long as short
Gate WLD_USDT+0.0100%8h0.4583−0.092%$7.5M$35.3M75xas long as short
MEXC WLD_USDT+0.0100%8h0.4583−0.092%$49.0M$52.0M300xas long as short
Bitget WLDUSDT+0.0100%8h0.4581−0.135%$30.2M$25.5M75xas long as short
BingX WLD-USDT+0.0100%8h0.4582−0.113%$67.8Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4585−0.052%$129K$270K10xas long as short
edgeX WLDUSDC+0.0100%4h0.4585−0.055%$27K$315K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4592+0.100%$617K$1.9M10xas long as short
ApeX Omni WLDUSDT+0.0100%1h0.4588+0.017%$55K$227K50xas long as short
Polymarket Perps WLD-USD+0.0100%1h0.4579−0.185%$48K$1.6M10xas long as short
SunX WLD-USDT+0.0100%8h0.4582−0.113%$23K$1.5M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4581−0.135%$205$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4577−0.222%$864K$1.8M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4580−0.157%$1.8M$3.7M50xas long as short
Extended WLD-USD+0.0104%1h0.4582−0.111%$240K$855K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4581−0.126%$31K$5K3xas long as short
Phoenix WLDlong+0.0124%1h0.4587long leg$5K$53K10x
Reya WLDRUSDPERP+0.0134%1h0.4576−0.246%20xas long as short
Kraken Futures PF_WLDUSD+0.0186%1h0.4586−0.034%$908K$2.6M50xas long as short
BloFin WLD-USDT+0.0220%8h0.4572−0.331%$4.9M$813K75xas long as short
01 Exchange WLDUSDshort+0.0248%1h0.4582−0.118%$328$775x
GMX WLD/USD [ETH-USDC]L +0.0260% / S −0.2221%1h0.4579−0.182%$9K100xas long as short
Coinbase International WLD-PERP-INTX+0.0424%1h0.4586−0.026%$270K$1.6M50xas long as short
Hyperliquid WLD+0.0781%1h0.4590+0.050%$49.9M$43.1M10xas long as short
Lighter WLD+0.0952%1h0.4595+0.172%$5.2M$2.1M10xas long as short