Funding you earn now, next payment 07:00 UTC−0.0043%/8h= −4.7% APRpaid last 24h −0.040%
Price spread now: Phoenix against BloFin−0.062%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.255%−$26 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Phoenix is 0.062% cheaper against BloFin than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin WLD-USDT | 0.4510 | 0.0220 | pay 0.0220% / 8h | 13m 39s | $4.8M | $901K | 75x |
| Short | Phoenix WLD | 0.4507 | 0.0177 | get 0.0022% / 1h | 13m 39s | $4K | $43K | 10x |
BloFin WLD-USDT
Phoenix WLDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against BloFin. 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
- −$9.11
- Price spread: −0.062% → 0.000%
- −$6.21
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$34.32
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: BloFin: live order book, 5 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 BloFin live order book, 5 min ago | 2.22 bp | 8.2 bp −$8 | 10.7 bp −$107 | 32.3 bp −$3,233 | 123.9 bp −$62.0K |
| 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective WLD/USDC PERP | −0.0309% | 1h | 0.4508 | −0.044% | $6K | $185K | 5.5x | as long as short |
| Nado WLD-PERP | −0.0018% | 1h | 0.4515 | +0.100% | $234K | $175K | 5x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4521 | +0.241% | $154K | $32K | 10x | as long as short |
| Kalshi KXWLDPERP | 0.0000% | 8h | 0.4517 | +0.155% | $51K | $4.6M | 1.7x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4520 | +0.225% | $65K | — | 150x | as long as short |
| Orderly PERP_WLD_USDC | +0.0099% | 8h | 0.4524 | +0.310% | $27K | $671K | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4526 | +0.355% | $229K | $1.0M | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4520 | +0.224% | $54K | $546K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4523 | +0.292% | $86.7M | $333.5M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4521 | +0.244% | $64.0M | $89.5M | 50x | as long as short |
Injective WLD/USDC PERP
Nado WLD-PERP
dYdX WLD-USD
Kalshi KXWLDPERP
gTrade (Gains Network) WLD/USD
Orderly PERP_WLD_USDC
Aster WLDUSDT
Pacifica WLD
Binance WLDUSDT
Bybit WLDUSDTShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4523 | +0.288% | $34.2M | $151.5M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4520 | +0.222% | $7.0M | $35.9M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4520 | +0.222% | $41.4M | $57.0M | 300x | as long as short |
| KuCoin WLDUSDTM | +0.0100% | 8h | 0.4520 | +0.222% | $6.6M | $11.6M | 50x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4519 | +0.200% | $29.9M | $30.9M | 75x | as long as short |
| BingX WLD-USDT | +0.0100% | 8h | 0.4520 | +0.222% | — | $20.1M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4526 | +0.350% | $132K | $298K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4512 | +0.040% | $2.1M | $1.5M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4513 | +0.061% | $27K | $322K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4519 | +0.198% | $595K | $2.1M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4512 | +0.044% | $48K | $238K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4516 | +0.129% | $50K | $2.7M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4521 | +0.244% | $23K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4523 | +0.288% | $221 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4518 | +0.177% | $827K | $1.5M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4523 | +0.288% | $1.7M | $3.6M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4517 | +0.153% | $208K | $880K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4525 | +0.340% | $31K | $500 | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4508 | −0.036% | — | — | 20x | as long as short |
| Lighter WLD | +0.0176% | 1h | 0.4525 | +0.330% | $4.9M | $2.9M | 10x | as long as short |
| Phoenix WLDshort | +0.0177% | 1h | 0.4507 | −0.062% | $4K | $43K | 10x | |
| Deribit WLD_USDC-PERPETUAL | +0.0192% | 1h | 0.4525 | +0.333% | $136K | $986K | 25x | as long as short |
| 01 Exchange WLDUSD | +0.0216% | 1h | 0.4527 | +0.379% | $324 | $55 | 5x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0219% / S −0.0967% | 1h | 0.4511 | +0.025% | $4K | — | 100x | as long as short |
| BloFin WLD-USDTlong | +0.0220% | 8h | 0.4510 | long leg | $4.8M | $901K | 75x | |
| Hyperliquid WLD | +0.0400% | 1h | 0.4524 | +0.310% | $50.3M | $43.3M | 10x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0448% | 1h | 0.4525 | +0.333% | $269K | $1.6M | 50x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0456% | 1h | 0.4525 | +0.338% | $867K | $2.8M | 50x | as long as short |
OKX WLD-USDT-SWAP
Gate WLD_USDT
MEXC WLD_USDT
KuCoin WLDUSDTM
Bitget WLDUSDT
BingX WLD-USDT
Backpack WLD_USDC_PERP
Variational Omni WLD
edgeX WLDUSDC
GRVT WLD_USDT_Perp
ApeX Omni WLDUSDT
Polymarket Perps WLD-USD
SunX WLD-USDT
SoDEX WLD-USD
HTX WLD-USDT
Phemex WLDUSDT
Extended WLD-USD
Aevo WLD-PERP
Reya WLDRUSDPERP
Lighter WLD
Deribit WLD_USDC-PERPETUAL
01 Exchange WLDUSD
GMX WLD/USD [ETH-USDC]
Hyperliquid WLD
Coinbase International WLD-PERP-INTX
Kraken Futures PF_WLDUSD