WLD

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0026%/8h= +2.9% APRnext payment +$0.03 per $10,000 · paid last 24h −0.006%

Price spread now: Phoenix against 01 Exchange+0.200%52s7-day average — · you sell dearer than you buy

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

Long on 01 Exchange Short on Phoenix

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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 0.200% dearer against 01 Exchange than usual: you sell high and buy low: +$20 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 52 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	01 Exchange WLDUSD	0.4505	0.0168	pay 0.0021% / 1h	39m 52s	$322	$55	5x
Short	Phoenix WLD	0.4514	0.0194	get 0.0024% / 1h	39m 52s	$4K	$44K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phoenix against 01 Exchange. 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 01 ExchangebpFee PhoenixbpOrdersPrice spread, now +0.200%Rate

Funding earned: $5.55
Price spread: +0.200% → 0.000%: $19.98
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: $11.53
Costs to cover: 0.140%
Break-even: from the start

Slippage unknown: 01 Exchange: no order-book sample; 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 01 Exchange no order-book sample	—	—	—	—	—
Sell Phoenix no order-book sample	—	—	—	—	—

01 Exchange and 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	−0.0016%	1h	0.4502	−0.058%	$234K	$175K	5x	as long as short
Kalshi KXWLDPERP	0.0000%	8h	0.4507	+0.042%	$36K	$4.6M	1.7x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4506	+0.020%	$118K	$1.0M	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4505	−0.007%	$65K	—	150x	as long as short
dYdX WLD-USD	+0.0051%	1h	0.4508	+0.058%	$154K	$32K	10x	as long as short
Orderly PERP_WLD_USDC	+0.0099%	8h	0.4504	−0.024%	$27K	$606K	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4507	+0.044%	$227K	$1.0M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4508	+0.064%	$54K	$543K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4506	+0.020%	$86.3M	$333.2M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4503	−0.047%	$63.7M	$89.1M	50x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4504	−0.024%	$34.1M	$149.3M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4504	−0.024%	$7.1M	$34.6M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4506	+0.020%	$41.9M	$55.8M	300x	as long as short
KuCoin WLDUSDTM	+0.0100%	8h	0.4504	−0.024%	$6.6M	$11.6M	50x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4504	−0.024%	$29.7M	$30.9M	75x	as long as short
BingX WLD-USDC	+0.0100%	8h	0.4505	−0.002%	—	$1.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4507	+0.049%	$131K	$297K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4501	−0.096%	$2.1M	$1.5M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4519	+0.303%	$27K	$322K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4515	+0.220%	$599K	$2.1M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4518	+0.286%	$48K	$237K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4505	−0.013%	$49K	$2.7M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4512	+0.153%	$22K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4506	+0.020%	$214	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4501	−0.091%	$823K	$1.5M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4508	+0.064%	$1.7M	$3.6M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4504	−0.029%	$207K	$876K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4505	+0.004%	$31K	$500	3x	as long as short
Injective WLD/USDC PERP	+0.0109%	1h	0.4508	+0.064%	$6K	$185K	5.5x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4498	−0.151%	—	—	20x	as long as short
Hyperliquid WLD	+0.0148%	1h	0.4510	+0.111%	$50.0M	$43.1M	10x	as long as short
01 Exchange WLDUSDlong	+0.0168%	1h	0.4505	long leg	$322	$55	5x
Phoenix WLDshort	+0.0194%	1h	0.4514	+0.200%	$4K	$44K	10x
Lighter WLD	+0.0208%	1h	0.4512	+0.162%	$4.9M	$2.9M	10x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0219% / S −0.0967%	1h	0.4512	+0.143%	$4K	—	100x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4502	−0.069%	$4.4M	$906K	75x	as long as short
Kraken Futures PF_WLDUSD	+0.0304%	1h	0.4510	+0.104%	$867K	$2.8M	50x	as long as short
Coinbase International WLD-PERP-INTX	+0.0440%	1h	0.4510	+0.109%	$267K	$1.6M	50x	as long as short