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

WLD

all WLD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0139%/8h= +15.2% APRnext payment +$0.17 per $10,000 · paid last 24h +0.009%
Price spread now: Phoenix against gTrade (Gains Network)−0.339%7-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. Phoenix is 0.339% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.339% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$34 on $10k: about 8.1 days of funding at the current rate (+$4 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) WLD/USD0.4576L +0.0003% / S −0.0003%pay 0.0000% / 1h7m 07s$66K150x
ShortPhoenix WLD0.45600.0142get 0.0018% / 1h7m 07s$5K$52K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phoenix against gTrade (Gains Network). 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
$29.22
Price spread: −0.339% → 0.000%
−$33.9
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Phoenix: 3.5 bp × 2 orders
−$7
Net
−$21.67
Costs to cover
0.170%
Break-even
12.2 days
Slippage unknown: gTrade (Gains Network): 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
LegHalf-spread$10k$100k$1M$5M
Buy gTrade (Gains Network) no order-book sample
Sell Phoenix no order-book sample
gTrade (Gains Network) 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado WLD-PERP−0.0034%1h0.4576+0.004%$243K$209K5xas long as short
dYdX WLD-USD0.0000%1h0.4569−0.145%$156K$33K10xas long as short
Kalshi KXWLDPERP0.0000%8h0.4563−0.280%$39K$4.8M1.7xas long as short
gTrade (Gains Network) WLD/USDlongL +0.0003% / S −0.0003%1h0.4576long leg$66K150x
KuCoin WLDUSDTM+0.0063%8h0.4576+0.004%$6.8M$11.9M50xas long as short
01 Exchange WLDUSD+0.0072%1h0.4577+0.024%$327$555xas long as short
Orderly PERP_WLD_USDC+0.0099%8h0.4577+0.026%$28K$790K10xas long as short
Aster WLDUSDT+0.0100%8h0.4582+0.135%$229K$1.1M50xas long as short
Pacifica WLD+0.0100%1h0.4572−0.083%$51K$538K5xas long as short
Binance WLDUSDT+0.0100%8h0.4580+0.092%$87.2M$338.8M75xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit WLDUSDT+0.0100%8h0.4579+0.070%$65.3M$91.7M50xas long as short
OKX WLD-USDT-SWAP+0.0100%8h0.4579+0.070%$34.7M$156.6M50xas long as short
Gate WLD_USDT+0.0100%8h0.4579+0.070%$7.2M$37.8M75xas long as short
MEXC WLD_USDT+0.0100%8h0.4581+0.113%$40.3M$56.6M300xas long as short
Bitget WLDUSDT+0.0100%8h0.4581+0.113%$30.3M$31.2M75xas long as short
BingX WLD-USDT+0.0100%8h0.4581+0.113%$70.1Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4583+0.164%$134K$299K10xas long as short
Variational Omni WLD+0.0100%8h0.4559−0.374%$2.1M$1.7Mas long as short
edgeX WLDUSDC+0.0100%4h0.4558−0.383%$27K$319K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4562−0.308%$601K$2.0M10xas long as short
ApeX Omni WLDUSDT+0.0100%1h0.4558−0.389%$49K$240K50xas long as short
Polymarket Perps WLD-USD+0.0100%1h0.4576+0.013%$39K$2.4M10xas long as short
SunX WLD-USDT+0.0100%8h0.4584+0.179%$23K$1.6M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4575−0.018%$216$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4568−0.171%$836K$1.7M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4576+0.004%$1.8M$3.7M50xas long as short
Extended WLD-USD+0.0104%1h0.4575−0.013%$223K$999K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4578+0.054%$31K$5003xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4576+0.010%20xas long as short
Phoenix WLDshort+0.0142%1h0.4560−0.339%$5K$52K10x
Lighter WLD+0.0168%1h0.4581+0.118%$4.9M$2.9M10xas long as short
Injective WLD/USDC PERP+0.0176%1h0.4544−0.695%$6K$185K5.5xas long as short
GMX WLD/USD [ETH-USDC]L +0.0219% / S −0.0967%1h0.4577+0.028%$4K100xas long as short
BloFin WLD-USDT+0.0220%8h0.4576+0.004%$4.8M$923K75xas long as short
Hyperliquid WLD+0.0350%1h0.4588+0.273%$50.0M$44.6M10xas long as short
Deribit WLD_USDC-PERPETUAL+0.0406%1h0.4579+0.070%$146K$1.0M25xas long as short
Kraken Futures PF_WLDUSD+0.0495%1h0.4577+0.019%$867K$2.9M50xas long as short
Coinbase International WLD-PERP-INTX+0.0536%1h0.4571−0.105%$276K$1.7M50xas long as short