Funding you earn now, next payment 07:00 UTC+0.0210%/8h= +23.0% APRnext payment +$0.26 per $10,000 · paid last 24h +0.016%
Price spread now: Phoenix against Nado+0.808%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Phoenix is 0.808% dearer against Nado than usual: you sell high and buy low: +$81 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado WLD-PERP | 0.4516 | −0.0033 | get 0.0004% / 1h | 37m 30s | $235K | $167K | 5x |
| Short | Phoenix WLD | 0.4553 | 0.0177 | get 0.0022% / 1h | 37m 30s | $5K | $43K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against Nado. 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
- $44.04
- Price spread: +0.808% → 0.000%
- $80.81
- Slippage, 4 orders
- no order book: not counted
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- $110.86
- Costs to cover
- 0.140%
- Break-even
- from the start
Slippage unknown: Nado: live order book, 65 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 Nado live order book, 65 min ago | 7.28 bp | 12.6 bp −$13 | 33.1 bp −$331 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective WLD/USDC PERP | −0.0309% | 1h | 0.4531 | +0.321% | $6K | $185K | 5.5x | as long as short |
| Nado WLD-PERPlong | −0.0033% | 1h | 0.4516 | long leg | $235K | $167K | 5x | |
| dYdX WLD-USD | 0.0000% | 1h | 0.4518 | +0.035% | $154K | $32K | 10x | as long as short |
| Kalshi KXWLDPERP | 0.0000% | 8h | 0.4527 | +0.232% | $51K | $4.7M | 1.7x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4527 | +0.232% | $140K | $979K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4525 | +0.184% | $65K | — | 150x | as long as short |
| Orderly PERP_WLD_USDC | +0.0099% | 8h | 0.4524 | +0.166% | $27K | $708K | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4522 | +0.116% | $224K | $1.0M | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4522 | +0.122% | $49K | $531K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4519 | +0.060% | $86.7M | $333.7M | 75x | as long as short |
Show all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit WLDUSDT | +0.0100% | 8h | 0.4516 | −0.011% | $64.2M | $89.2M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4518 | +0.033% | $34.2M | $151.5M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4522 | +0.122% | $7.1M | $35.6M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4519 | +0.055% | $41.7M | $56.3M | 300x | as long as short |
| KuCoin WLDUSDTM | +0.0100% | 8h | 0.4518 | +0.033% | $6.6M | $11.7M | 50x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4519 | +0.055% | $29.9M | $30.9M | 75x | as long as short |
| BingX WLD-USDT | +0.0100% | 8h | 0.4522 | +0.122% | — | $72.5M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4522 | +0.128% | $131K | $298K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4541 | +0.534% | $2.1M | $1.6M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4528 | +0.257% | $27K | $320K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4531 | +0.318% | $605K | $2.1M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4544 | +0.609% | $48K | $239K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4519 | +0.053% | $50K | $2.7M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4530 | +0.299% | $22K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4523 | +0.144% | $219 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4527 | +0.232% | $828K | $1.5M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4523 | +0.144% | $1.7M | $3.6M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4521 | +0.095% | $208K | $880K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4526 | +0.199% | $31K | $500 | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4516 | −0.006% | — | — | 20x | as long as short |
| Lighter WLD | +0.0152% | 1h | 0.4526 | +0.217% | $4.9M | $2.9M | 10x | as long as short |
| Phoenix WLDshort | +0.0177% | 1h | 0.4553 | +0.808% | $5K | $43K | 10x | |
| GMX WLD/USD [ETH-USDC] | L +0.0219% / S −0.0967% | 1h | 0.4518 | +0.023% | $4K | — | 100x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4531 | +0.321% | $4.8M | $906K | 75x | as long as short |
| 01 Exchange WLDUSD | +0.0232% | 1h | 0.4518 | +0.044% | $323 | $55 | 5x | as long as short |
| Hyperliquid WLD | +0.0435% | 1h | 0.4525 | +0.179% | $50.3M | $43.7M | 10x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0448% | 1h | 0.4531 | +0.321% | $272K | $1.6M | 50x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0457% | 1h | 0.4524 | +0.167% | $867K | $2.8M | 50x | as long as short |
Phoenix WLD
Injective WLD/USDC PERP
Kalshi KXWLDPERP
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
Aster WLDUSDT
Pacifica WLD
Binance WLDUSDT
Bybit WLDUSDT
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
Lighter WLD
GMX WLD/USD [ETH-USDC]
BloFin WLD-USDT
01 Exchange WLDUSD
Hyperliquid WLD
Coinbase International WLD-PERP-INTX
Kraken Futures PF_WLDUSD