Funding you earn now, next payment 10:00 UTC+0.0047%/8h= +5.1% APRnext payment +$0.06 per $10,000 · paid last 24h −0.027%
Price spread now: Phoenix against Injective−0.315%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−0.031%−$3 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Phoenix is 0.315% cheaper against Injective than usual: you would sell low and buy high (spread −0.315% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$31 on $10k: about 23 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective WLD/USDC PERP | 0.4477 | 0.0007 | pay 0.0001% / 1h | 8m 42s | $6K | $185K | 5.5x |
| Short | Phoenix WLD | 0.4463 | 0.0053 | get 0.0007% / 1h | 8m 42s | $4K | $40K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against Injective. 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
- $9.77
- Price spread: −0.315% → 0.000%
- −$31.49
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$28.75
- Costs to cover
- 0.070%
- Break-even
- 27.6 days
Slippage unknown: Injective: live order book, 38 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 Injective live order book, 38 min ago | 57.41 bp | doesn't fit | doesn't fit | 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 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps WLD-USD | −0.0365% | 1h | 0.4476 | −0.031% | $41K | $2.7M | 10x | as long as short |
| Kraken Futures PF_WLDUSD | −0.0193% | 1h | 0.4480 | +0.069% | $841K | $2.6M | 50x | as long as short |
| Bybit WLDUSDT | −0.0145% | 8h | 0.4476 | −0.022% | $63.8M | $85.0M | 50x | as long as short |
| Nado WLD-PERP | −0.0119% | 1h | 0.4475 | −0.045% | $234K | $157K | 5x | as long as short |
| Gate WLD_USDT | −0.0081% | 8h | 0.4478 | +0.022% | $7.0M | $31.8M | 75x | as long as short |
| 01 Exchange WLDUSD | −0.0056% | 1h | 0.4481 | +0.087% | $321 | $55 | 5x | as long as short |
| Kalshi KXWLDPERP | 0.0000% | 8h | 0.4475 | −0.045% | $59K | $4.2M | 1.7x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4478 | +0.022% | $101K | $1.1M | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4477 | +0.010% | $65K | — | 150x | as long as short |
| dYdX WLD-USD | +0.0004% | 1h | 0.4479 | +0.050% | $153K | $31K | 10x | as long as short |
Show all 38 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective WLD/USDC PERPlong | +0.0007% | 1h | 0.4477 | long leg | $6K | $185K | 5.5x | |
| Variational Omni WLD | +0.0019% | 8h | 0.4465 | −0.260% | $2.1M | $1.4M | — | as long as short |
| KuCoin WLDUSDTM | +0.0021% | 8h | 0.4479 | +0.045% | $6.8M | $10.2M | 50x | as long as short |
| Phoenix WLDshort | +0.0053% | 1h | 0.4463 | −0.315% | $4K | $40K | 10x | |
| Orderly PERP_WLD_USDC | +0.0084% | 8h | 0.4477 | 0.000% | $27K | $255K | 10x | as long as short |
| Lighter WLD | +0.0096% | 1h | 0.4485 | +0.172% | $4.9M | $3.0M | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4481 | +0.089% | $219K | $905K | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4478 | +0.022% | $64K | $512K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4479 | +0.056% | $84.8M | $313.5M | 75x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4477 | 0.000% | $34.3M | $142.3M | 50x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4481 | +0.089% | $42.2M | $56.1M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4478 | +0.022% | $29.3M | $28.6M | 75x | as long as short |
| BingX WLD-USDT | +0.0100% | 8h | 0.4477 | 0.000% | — | $55.5M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4481 | +0.078% | $126K | $272K | 10x | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4458 | −0.420% | $27K | $320K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4471 | −0.134% | $598K | $2.3M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4461 | −0.357% | $47K | $248K | 50x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4483 | +0.134% | $22K | $1.4M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4478 | +0.022% | $228 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4473 | −0.089% | $820K | $1.1M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4479 | +0.045% | $1.7M | $3.5M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4476 | −0.021% | $211K | $652K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4479 | +0.037% | $30K | $500 | 3x | as long as short |
| Hyperliquid WLD | +0.0123% | 1h | 0.4487 | +0.219% | $50.4M | $28.3M | 10x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4476 | −0.016% | — | — | 20x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0218% / S −0.0967% | 1h | 0.4472 | −0.120% | $4K | — | 100x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4477 | 0.000% | $4.7M | $907K | 75x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0344% | 1h | 0.4480 | +0.067% | $272K | $973K | 50x | as long as short |
Injective WLD/USDC PERP
Phoenix WLD
Polymarket Perps WLD-USD
Kraken Futures PF_WLDUSD
Bybit WLDUSDT
Gate WLD_USDT
01 Exchange WLDUSD
Kalshi KXWLDPERP
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
Variational Omni WLD
KuCoin WLDUSDTM
Lighter WLD
Aster WLDUSDT
Pacifica WLD
Binance WLDUSDT
OKX WLD-USDT-SWAP
MEXC WLD_USDT
Bitget WLDUSDT
BingX WLD-USDT
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
Hyperliquid WLD
GMX WLD/USD [ETH-USDC]
BloFin WLD-USDT
Coinbase International WLD-PERP-INTX