Funding you earn now, next payment 07:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.027%
Price spread now: Injective against Phemex+1.215%7-day average +0.200% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.068%−$7 on $10k
+Price spread, last 4 days (all we have)−1.159%−$116 · spread now +1.215%, 7d avg +0.200%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Injective is 1.015% dearer against Phemex than usual: you sell high and buy low: +$102 more if the spread goes back to its 7-day average of +0.200%. Mind the row above: over the last 7 days funding on this pair cost −0.068%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex WLDUSDT | 0.4526 | 0.0100 | pay 0.0100% / 8h | 1h 00m | $1.8M | $3.6M | 50x |
| Short | Injective WLD/USDC PERP | 0.4581 | 0.0132 | get 0.0017% / 1h | 0m 31s | $6K | $185K | 5.5x |
Phemex WLDUSDT
Injective WLD/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Phemex. 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
- $6.8
- Price spread: +1.215% → +0.200%
- $101.54
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $96.32
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Phemex: live order book, 3 min ago; Injective: live order book, 9 min ago. 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 Phemex live order book, 3 min ago | 15.43 bp | 51.9 bp −$52 | doesn't fit | doesn't fit | doesn't fit |
| Sell Injective live order book, 9 min ago | 56.62 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
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 | −0.0019% | 1h | 0.4526 | +0.011% | $236K | $170K | 5x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4525 | −0.029% | $154K | $32K | 10x | as long as short |
| Kalshi KXWLDPERP | 0.0000% | 8h | 0.4525 | −0.022% | $57K | $4.7M | 1.7x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4526 | 0.000% | $150K | $954K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4526 | −0.005% | $65K | — | 150x | as long as short |
| Orderly PERP_WLD_USDC | +0.0098% | 8h | 0.4526 | 0.000% | $27K | $736K | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4528 | +0.045% | $226K | $1.1M | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4523 | −0.056% | $49K | $537K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4528 | +0.045% | $86.5M | $334.7M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4530 | +0.088% | $64.5M | $89.3M | 50x | as long as short |
Nado WLD-PERP
dYdX WLD-USD
Kalshi KXWLDPERP
Deribit WLD_USDC-PERPETUAL
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 | 0.4530 | +0.088% | $34.2M | $152.0M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4526 | 0.000% | $7.1M | $36.4M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4531 | +0.110% | $40.1M | $57.8M | 300x | as long as short |
| KuCoin WLDUSDTM | +0.0100% | 8h | 0.4529 | +0.066% | $6.7M | $11.7M | 50x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4531 | +0.110% | $30.0M | $30.8M | 75x | as long as short |
| BingX WLD-USDC | +0.0100% | 8h | 0.4526 | 0.000% | — | $1.3M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4526 | −0.011% | $132K | $293K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4522 | −0.095% | $2.1M | $1.6M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4529 | +0.073% | $27K | $321K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4534 | +0.177% | $597K | $2.1M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4531 | +0.110% | $48K | $239K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4531 | +0.108% | $46K | $2.6M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4531 | +0.110% | $23K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4524 | −0.044% | $215 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4523 | −0.066% | $827K | $1.6M | 50x | as long as short |
| Phemex WLDUSDTlong | +0.0100% | 8h | 0.4526 | long leg | $1.8M | $3.6M | 50x | |
| Extended WLD-USD | +0.0104% | 1h | 0.4527 | +0.017% | $208K | $945K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4525 | −0.017% | $31K | $500 | 3x | as long as short |
| Injective WLD/USDC PERPshort | +0.0132% | 1h | 0.4581 | +1.215% | $6K | $185K | 5.5x | |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4525 | −0.027% | — | — | 20x | as long as short |
| Lighter WLD | +0.0136% | 1h | 0.4528 | +0.040% | $4.9M | $2.9M | 10x | as long as short |
| 01 Exchange WLDUSD | +0.0144% | 1h | 0.4532 | +0.126% | $324 | $55 | 5x | as long as short |
| Phoenix WLD | +0.0158% | 1h | 0.4534 | +0.172% | $5K | $44K | 10x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0219% / S −0.0967% | 1h | 0.4525 | −0.023% | $4K | — | 100x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4525 | −0.022% | $3.8M | $916K | 75x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0488% | 1h | 0.4532 | +0.133% | $273K | $1.6M | 50x | as long as short |
| Hyperliquid WLD | +0.0494% | 1h | 0.4537 | +0.252% | $50.4M | $44.1M | 10x | as long as short |
| Kraken Futures PF_WLDUSD | +0.1046% | 1h | 0.4525 | −0.022% | $875K | $2.8M | 50x | as long as short |
OKX WLD-USDT-SWAP
Gate WLD_USDT
MEXC WLD_USDT
KuCoin WLDUSDTM
Bitget WLDUSDT
BingX WLD-USDC
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
Extended WLD-USD
Aevo WLD-PERP
Reya WLDRUSDPERP
Lighter WLD
01 Exchange WLDUSD
Phoenix WLD
GMX WLD/USD [ETH-USDC]
BloFin WLD-USDT
Coinbase International WLD-PERP-INTX
Hyperliquid WLD
Kraken Futures PF_WLDUSD