Funding you earn now, next payment 22:00 UTC+0.0024%/8h= +2.6% APRnext payment +$0.03 per $10,000 · paid last 24h −0.027%
Price spread now: Phoenix against Polymarket Perps+0.094%59s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.050%−$5 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Phoenix is 0.094% dearer against Polymarket Perps than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps WLD-USD | 0.4572 | 0.0100 | pay 0.0013% / 1h | 12m 14s | $41K | $1.6M | 10x |
| Short | Phoenix WLD | 0.4576 | 0.0124 | get 0.0015% / 1h | 12m 14s | $5K | $53K | 10x |
Polymarket Perps WLD-USD
Phoenix WLDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against Polymarket Perps. 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
- $5.03
- Price spread: +0.094% → 0.000%
- $9.41
- Slippage, 4 orders
- no order book: not counted
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$0.57
- Costs to cover
- 0.150%
- Break-even
- 7.8 days
Slippage unknown: Polymarket Perps: live order book, 1 min ago; Phoenix: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Polymarket Perps live order book, 1 min ago | 3.07 bp | 7.2 bp −$7 | 8.3 bp −$83 | doesn't fit | doesn't fit |
| Sell Phoenix no order-book sample | — | — | — | — | — |
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 | |
|---|---|---|---|---|---|---|---|---|
| Kalshi KXWLDPERP | −0.0299% | 8h | 0.4569 | −0.066% | $61K | $3.8M | 1.7x | as long as short |
| Injective WLD/USDC PERP | −0.0079% | 1h | 0.4578 | +0.131% | $6K | $185K | 5.5x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4569 | −0.058% | $163K | $13K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4572 | 0.000% | $108K | $900K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4571 | −0.019% | $57K | — | 150x | as long as short |
| Orderly PERP_WLD_USDC | +0.0006% | 8h | 0.4569 | −0.066% | $28K | $912K | 10x | as long as short |
| KuCoin WLDUSDTM | +0.0007% | 8h | 0.4567 | −0.109% | $7.0M | $10.8M | 50x | as long as short |
| Nado WLD-PERP | +0.0048% | 1h | 0.4569 | −0.066% | $275K | $169K | 5x | as long as short |
| Variational Omni WLD | +0.0094% | 8h | 0.4568 | −0.089% | $2.1M | $1.6M | — | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4572 | −0.008% | $194K | $999K | 50x | as long as short |
Kalshi KXWLDPERP
Injective WLD/USDC PERP
dYdX WLD-USD
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
Orderly PERP_WLD_USDC
KuCoin WLDUSDTM
Nado WLD-PERP
Variational Omni WLD
Aster WLDUSDTShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica WLD | +0.0100% | 1h | 0.4571 | −0.014% | $53K | $481K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4570 | −0.041% | $86.4M | $297.0M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4570 | −0.044% | $65.4M | $82.0M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4569 | −0.066% | $34.2M | $141.1M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4569 | −0.066% | $7.4M | $35.4M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4571 | −0.022% | $49.1M | $52.1M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4571 | −0.022% | $30.2M | $25.6M | 75x | as long as short |
| BingX WLD-USDC | +0.0100% | 8h | 0.4570 | −0.044% | — | $1.3M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4569 | −0.068% | $129K | $269K | 10x | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4570 | −0.049% | $27K | $317K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4569 | −0.073% | $614K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4567 | −0.109% | $55K | $227K | 50x | as long as short |
| Polymarket Perps WLD-USDlong | +0.0100% | 1h | 0.4572 | long leg | $41K | $1.6M | 10x | |
| SunX WLD-USDT | +0.0100% | 8h | 0.4575 | +0.066% | $23K | $1.5M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4570 | −0.044% | $201 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4564 | −0.175% | $862K | $1.8M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4569 | −0.066% | $1.8M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4569 | −0.064% | $240K | $855K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4572 | +0.011% | $31K | $5K | 3x | as long as short |
| Phoenix WLDshort | +0.0124% | 1h | 0.4576 | +0.094% | $5K | $53K | 10x | |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4569 | −0.057% | — | — | 20x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0186% | 1h | 0.4573 | +0.020% | $911K | $2.6M | 50x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4564 | −0.175% | $4.9M | $811K | 75x | as long as short |
| 01 Exchange WLDUSD | +0.0248% | 1h | 0.4573 | +0.026% | $327 | $77 | 5x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0260% / S −0.2221% | 1h | 0.4570 | −0.037% | $9K | — | 100x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0424% | 1h | 0.4577 | +0.109% | $270K | $1.6M | 50x | as long as short |
| Hyperliquid WLD | +0.0697% | 1h | 0.4575 | +0.066% | $49.7M | $43.2M | 10x | as long as short |
| Lighter WLD | +0.1000% | 1h | 0.4580 | +0.166% | $5.2M | $2.1M | 10x | as long as short |
Pacifica WLD
Binance WLDUSDT
Bybit WLDUSDT
OKX WLD-USDT-SWAP
Gate WLD_USDT
MEXC WLD_USDT
Bitget WLDUSDT
BingX WLD-USDC
Backpack WLD_USDC_PERP
edgeX WLDUSDC
GRVT WLD_USDT_Perp
ApeX Omni WLDUSDT
SunX WLD-USDT
SoDEX WLD-USD
HTX WLD-USDT
Phemex WLDUSDT
Extended WLD-USD
Aevo WLD-PERP
Reya WLDRUSDPERP
Kraken Futures PF_WLDUSD
BloFin WLD-USDT
01 Exchange WLDUSD
GMX WLD/USD [ETH-USDC]
Coinbase International WLD-PERP-INTX
Hyperliquid WLD
Lighter WLD