WLD

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0057%/8h= −6.3% APRnext payment −$0.07 per $10,000 · paid last 24h +0.025%

Price spread now: SoDEX against Phoenix+0.214%7-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 SoDEX

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—needs both histories

The price spread pays, funding is against you. SoDEX is 0.214% dearer against Phoenix than usual: you sell high and buy low (spread +0.214% now, against zero (this spread has no 7-day history yet)): +$21 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 12 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phoenix WLD	0.4583	0.0157	pay 0.0020% / 1h	52m 44s	$5K	$53K	10x
Short	SoDEX WLD-USD	0.4593	0.0100	get 0.0013% / 1h	52m 44s	$218	$5K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now +0.214%Rate

Funding earned: −$11.99
Price spread: +0.214% → 0.000%: $21.38
Slippage, 4 orders: no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders: −$7
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$5.6
Costs to cover: 0.150%
Break-even: from the start

Slippage unknown: Phoenix: no order-book sample; SoDEX: 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 Phoenix no order-book sample	—	—	—	—	—
Sell SoDEX no order-book sample	—	—	—	—	—

Phoenix and SoDEX: 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	−0.0205%	8h	0.4591	+0.170%	$65K	$3.9M	1.7x	as long as short
Gate WLD_USDT	−0.0070%	8h	0.4593	+0.214%	$7.5M	$35.0M	75x	as long as short
ApeX Omni WLDUSDT	−0.0046%	1h	0.4583	−0.004%	$54K	$228K	50x	as long as short
KuCoin WLDUSDTM	−0.0002%	8h	0.4593	+0.214%	$7.0M	$11.1M	50x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4591	+0.178%	$164K	$13K	10x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4593	+0.216%	$56K	—	150x	as long as short
Nado WLD-PERP	+0.0009%	1h	0.4591	+0.181%	$276K	$169K	5x	as long as short
Injective WLD/USDC PERP	+0.0038%	1h	0.4597	+0.301%	$6K	$185K	5.5x	as long as short
Orderly PERP_WLD_USDC	+0.0040%	8h	0.4591	+0.170%	$28K	$904K	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4597	+0.291%	$192K	$988K	50x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica WLD	+0.0100%	1h	0.4591	+0.171%	$54K	$487K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4594	+0.235%	$86.8M	$303.9M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4592	+0.192%	$66.0M	$82.7M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4591	+0.170%	$34.4M	$143.8M	50x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4595	+0.257%	$46.5M	$53.1M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4592	+0.192%	$30.4M	$26.1M	75x	as long as short
BingX WLD-USDT	+0.0100%	8h	0.4592	+0.192%	—	$67.1M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4596	+0.288%	$137K	$283K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4593	+0.211%	$2.0M	$1.7M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4577	−0.125%	$27K	$316K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4589	+0.137%	$609K	$1.9M	10x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4596	+0.268%	$49K	$1.6M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4596	+0.279%	$23K	$1.5M	50x	as long as short
SoDEX WLD-USDshort	+0.0100%	1h	0.4593	+0.214%	$218	$5K	10x
HTX WLD-USDT	+0.0100%	8h	0.4586	+0.061%	$853K	$1.8M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4595	+0.257%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4595	+0.268%	$231K	$847K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4589	+0.121%	$31K	$600	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4593	+0.209%	—	—	20x	as long as short
Phoenix WLDlong	+0.0157%	1h	0.4583	long leg	$5K	$53K	10x
Deribit WLD_USDC-PERPETUAL	+0.0185%	1h	0.4596	+0.279%	$123K	$892K	25x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4592	+0.192%	$4.9M	$823K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0229% / S −0.1268%	1h	0.4594	+0.226%	$5K	—	100x	as long as short
01 Exchange WLDUSD	+0.0256%	1h	0.4596	+0.286%	$329	$77	5x	as long as short
Kraken Futures PF_WLDUSD	+0.0328%	1h	0.4596	+0.280%	$905K	$2.7M	50x	as long as short
Coinbase International WLD-PERP-INTX	+0.0448%	1h	0.4597	+0.301%	$271K	$1.6M	50x	as long as short
Hyperliquid WLD	+0.0742%	1h	0.4599	+0.353%	$51.0M	$43.4M	10x	as long as short
Lighter WLD	+0.1120%	1h	0.4603	+0.439%	$5.2M	$2.0M	10x	as long as short