Funding you earn now, next payment 00:00 UTC−0.0057%/8h= −6.3% APRpaid last 24h +0.021%
Price spread now: BingX against Phoenix+0.689%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.113%+$11 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. BingX is 0.689% dearer against Phoenix than usual: you sell high and buy low (spread +0.689% now, against zero (this spread has no 7-day history yet)): +$69 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 40 days. Mind the row above: over the last 7 days funding on this pair paid +0.113%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix WLD | 0.4629 | 0.0157 | pay 0.0020% / 1h | 33m 16s | $5K | $53K | 10x |
| Short | BingX WLD-USDT | 0.4661 | 0.0100 | get 0.0100% / 8h | 7h 33m | — | $67.1M | — |
Phoenix WLD
BingX WLD-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Phoenix. 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
- −$11.99
- Price spread: +0.689% → 0.000%
- $68.91
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $39.93
- Costs to cover
- 0.170%
- Break-even
- from the start
Slippage unknown: Phoenix: no order-book sample; BingX: live order book, 6 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 Phoenix no order-book sample | — | — | — | — | — |
| Sell BingX live order book, 6 min ago | 2.16 bp | 8.8 bp −$9 | 11.3 bp −$113 | 26.0 bp −$2,599 | 99.0 bp −$49.5K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Kalshi KXWLDPERP | −0.0181% | 8h | 0.4664 | +0.754% | $38K | $3.9M | 1.7x | as long as short |
| Phemex WLDUSDT | −0.0057% | 8h | 0.4656 | +0.581% | $1.9M | $3.7M | 50x | as long as short |
| Nado WLD-PERP | −0.0033% | 1h | 0.4672 | +0.921% | $280K | $170K | 5x | as long as short |
| KuCoin WLDUSDTM | −0.0015% | 8h | 0.4658 | +0.624% | $7.0M | $11.1M | 50x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4680 | +1.105% | $167K | $13K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4659 | +0.646% | $134K | $871K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4661 | +0.691% | $57K | — | 150x | as long as short |
| Injective WLD/USDC PERP | +0.0038% | 1h | 0.4659 | +0.646% | $6K | $185K | 5.5x | as long as short |
| Orderly PERP_WLD_USDC | +0.0043% | 8h | 0.4659 | +0.646% | $28K | $903K | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4676 | +1.011% | $195K | $961K | 50x | as long as short |
Kalshi KXWLDPERP
Phemex WLDUSDT
Nado WLD-PERP
KuCoin WLDUSDTM
dYdX WLD-USD
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
Injective WLD/USDC PERP
Orderly PERP_WLD_USDC
Aster WLDUSDTShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica WLD | +0.0100% | 1h | 0.4681 | +1.113% | $55K | $482K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4665 | +0.776% | $88.7M | $305.0M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4665 | +0.776% | $67.2M | $82.2M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4665 | +0.776% | $35.2M | $146.3M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4660 | +0.668% | $7.6M | $35.5M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4665 | +0.776% | $48.1M | $53.8M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4664 | +0.754% | $31.0M | $26.3M | 75x | as long as short |
| BingX WLD-USDTshort | +0.0100% | 8h | 0.4661 | +0.689% | — | $67.1M | — | |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4675 | +0.983% | $139K | $280K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4660 | +0.663% | $2.1M | $1.7M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4654 | +0.544% | $28K | $317K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4662 | +0.711% | $616K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4642 | +0.279% | $55K | $229K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4674 | +0.976% | $56K | $1.6M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4663 | +0.732% | $23K | $1.5M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4659 | +0.646% | $218 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4653 | +0.516% | $865K | $1.8M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4658 | +0.614% | $220K | $863K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4661 | +0.678% | $32K | $600 | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4671 | +0.901% | — | — | 20x | as long as short |
| Phoenix WLDlong | +0.0157% | 1h | 0.4629 | long leg | $5K | $53K | 10x | |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4658 | +0.624% | $4.9M | $865K | 75x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0234% / S −0.1403% | 1h | 0.4661 | +0.693% | $6K | — | 100x | as long as short |
| 01 Exchange WLDUSD | +0.0256% | 1h | 0.4673 | +0.957% | $334 | $77 | 5x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0323% | 1h | 0.4662 | +0.713% | $915K | $2.7M | 50x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0448% | 1h | 0.4668 | +0.840% | $276K | $1.7M | 50x | as long as short |
| Hyperliquid WLD | +0.0760% | 1h | 0.4680 | +1.095% | $52.1M | $43.5M | 10x | as long as short |
| Lighter WLD | +0.0928% | 1h | 0.4669 | +0.866% | $5.3M | $2.0M | 10x | as long as short |
Pacifica WLD
Binance WLDUSDT
Bybit WLDUSDT
OKX WLD-USDT-SWAP
Gate WLD_USDT
MEXC WLD_USDT
Bitget WLDUSDT
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
BloFin WLD-USDT
GMX WLD/USD [ETH-USDC]
01 Exchange WLDUSD
Kraken Futures PF_WLDUSD
Coinbase International WLD-PERP-INTX
Hyperliquid WLD
Lighter WLD