WLD

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0185%/8h= −20.3% APRnext payment −$0.23 per $10,000 · paid last 24h −0.012%

Price spread now: Nado against Phoenix+0.508%57s7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Phoenix Short on Nado

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropNado: Active · farm boardneeds both histories

The price spread pays, funding is against you. Nado is 0.508% dearer against Phoenix than usual: you sell high and buy low (spread +0.508% now, against zero (this spread has no 7-day history yet)): +$51 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 9.2 days. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phoenix WLD	0.4526	0.0157	pay 0.0020% / 1h	20m 03s	$5K	$52K	10x
Short	Nado WLD-PERP	0.4549	−0.0028	pay 0.0003% / 1h	20m 03s	$241K	$205K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against Phoenix. 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

Position, each leg$Hold fordaysFee PhoenixbpFee NadobpOrdersPrice spread, now +0.508%Rate

Funding earned: −$38.86
Price spread: +0.508% → 0.000%: $50.82
Slippage, 4 orders: no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders: −$7
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$2.04
Costs to cover: 0.140%
Break-even: from the start

Slippage unknown: Phoenix: no order-book sample; Nado: live order book, 32 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 Nado live order book, 32 min ago	2.82 bp	8.6 bp −$9	31.5 bp −$315	doesn't fit	doesn't fit

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
Nado WLD-PERPshort	−0.0028%	1h	0.4549	+0.508%	$241K	$205K	5x
dYdX WLD-USD	0.0000%	1h	0.4550	+0.523%	$155K	$33K	10x	as long as short
Kalshi KXWLDPERP	0.0000%	8h	0.4552	+0.574%	$75K	$4.7M	1.7x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4552	+0.570%	$66K	—	150x	as long as short
KuCoin WLDUSDTM	+0.0031%	8h	0.4550	+0.530%	$6.9M	$11.7M	50x	as long as short
Orderly PERP_WLD_USDC	+0.0100%	8h	0.4551	+0.552%	$28K	$868K	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4544	+0.387%	$208K	$1.1M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4549	+0.514%	$49K	$524K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4545	+0.420%	$86.6M	$330.9M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4544	+0.398%	$64.6M	$90.1M	50x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4546	+0.442%	$34.3M	$151.3M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4546	+0.442%	$7.3M	$36.7M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4545	+0.420%	$40.2M	$55.2M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4542	+0.354%	$30.0M	$30.2M	75x	as long as short
BingX WLD-USDT	+0.0100%	8h	0.4542	+0.354%	—	$67.8M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4546	+0.446%	$135K	$304K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4540	+0.303%	$2.1M	$1.7M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4532	+0.130%	$27K	$319K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4542	+0.361%	$601K	$2.0M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4533	+0.155%	$43K	$238K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4548	+0.497%	$39K	$2.1M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4556	+0.663%	$23K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4550	+0.530%	$203	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4544	+0.398%	$831K	$1.8M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4549	+0.508%	$1.8M	$3.6M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4548	+0.492%	$216K	$984K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4551	+0.559%	$31K	$600	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4549	+0.503%	—	—	20x	as long as short
Injective WLD/USDC PERP	+0.0142%	1h	0.4576	+1.105%	$6K	$185K	5.5x	as long as short
Phoenix WLDlong	+0.0157%	1h	0.4526	long leg	$5K	$52K	10x
Deribit WLD_USDC-PERPETUAL	+0.0189%	1h	0.4553	+0.597%	$122K	$981K	25x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4537	+0.243%	$4.9M	$881K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0229% / S −0.1268%	1h	0.4551	+0.556%	$5K	—	100x	as long as short
01 Exchange WLDUSD	+0.0288%	1h	0.4556	+0.663%	$326	$55	5x	as long as short
Hyperliquid WLD	+0.0362%	1h	0.4549	+0.515%	$49.9M	$43.4M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.0521%	1h	0.4554	+0.616%	$883K	$2.9M	50x	as long as short
Coinbase International WLD-PERP-INTX	+0.0560%	1h	0.4554	+0.619%	$267K	$1.6M	50x	as long as short
Lighter WLD	+0.0824%	1h	0.4554	+0.621%	$5.2M	$2.6M	10x	as long as short