Settings8H · net · $10k
Funding arb · Price arb /

WLD

all WLD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0094%/8h= +10.3% APRnext payment +$0.12 per $10,000 · paid last 24h −0.016%
Price spread now: Phoenix against Polymarket Perps+0.083%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.037%−$4 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Phoenix is 0.083% dearer against Polymarket Perps than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps WLD-USD0.44830.0100pay 0.0013% / 1h30m 38s$49K$2.7M10x
ShortPhoenix WLD0.44870.0194get 0.0024% / 1h30m 38s$4K$44K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phoenix against Polymarket Perps. 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

Funding earned
$19.83
Price spread: +0.083% → 0.000%
$8.25
Slippage, 4 orders
no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee Phoenix: 3.5 bp × 2 orders
−$7
Net
$13.09
Costs to cover
0.150%
Break-even
2.4 days
Slippage unknown: Polymarket Perps: live order book, 33 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
LegHalf-spread$10k$100k$1M$5M
Buy Polymarket Perps live order book, 33 min ago3.55 bp7.5 bp −$88.6 bp −$86doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado WLD-PERP−0.0006%1h0.4480−0.067%$232K$175K5xas long as short
Kalshi KXWLDPERP0.0000%8h0.4482−0.022%$42K$4.6M1.7xas long as short
Deribit WLD_USDC-PERPETUAL0.0000%1h0.4481−0.045%$115K$1.0M25xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4481−0.047%$65K150xas long as short
Bybit WLDUSDT+0.0038%8h0.4473−0.223%$63.4M$89.1M50xas long as short
Orderly PERP_WLD_USDC+0.0099%8h0.4480−0.067%$27K$585K10xas long as short
Aster WLDUSDT+0.0100%8h0.4478−0.109%$225K$1.0M50xas long as short
Pacifica WLD+0.0100%1h0.4478−0.112%$54K$542K5xas long as short
Binance WLDUSDT+0.0100%8h0.4477−0.134%$85.7M$333.6M75xas long as short
OKX WLD-USDT-SWAP+0.0100%8h0.4474−0.201%$33.9M$148.3M50xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate WLD_USDT+0.0100%8h0.4476−0.156%$7.0M$34.7M75xas long as short
MEXC WLD_USDT+0.0100%8h0.4478−0.112%$40.9M$56.4M300xas long as short
KuCoin WLDUSDTM+0.0100%8h0.4475−0.178%$6.6M$11.6M50xas long as short
Bitget WLDUSDT+0.0100%8h0.4477−0.134%$29.5M$31.1M75xas long as short
BingX WLD-USDC+0.0100%8h0.4478−0.112%$1.3Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4481−0.051%$129K$297K10xas long as short
Variational Omni WLD+0.0100%8h0.4480−0.072%$2.1M$1.5Mas long as short
edgeX WLDUSDC+0.0100%4h0.4488+0.113%$27K$322K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4504+0.468%$600K$2.1M10xas long as short
ApeX Omni WLDUSDT+0.0100%1h0.4486+0.067%$48K$237K50xas long as short
Polymarket Perps WLD-USDlong+0.0100%1h0.4483long leg$49K$2.7M10x
SunX WLD-USDT+0.0100%8h0.4485+0.045%$22K$1.6M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4480−0.067%$215$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4478−0.112%$821K$1.4M50xas long as short
Phemex WLDUSDT+0.0100%8h0.44830.000%$1.7M$3.6M50xas long as short
Extended WLD-USD+0.0104%1h0.4475−0.171%$212K$907K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4485+0.045%$30K$5003xas long as short
Injective WLD/USDC PERP+0.0109%1h0.4508+0.558%$6K$185K5.5xas long as short
Hyperliquid WLD+0.0120%1h0.4480−0.065%$49.6M$43.1M10xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4479−0.083%20xas long as short
Lighter WLD+0.0160%1h0.4483+0.004%$4.9M$2.9M10xas long as short
01 Exchange WLDUSD+0.0168%1h0.4478−0.109%$320$555xas long as short
dYdX WLD-USD+0.0174%1h0.4483+0.006%$153K$31K10xas long as short
Phoenix WLDshort+0.0194%1h0.4487+0.083%$4K$44K10x
GMX WLD/USD [ETH-USDC]L +0.0219% / S −0.0967%1h0.4480−0.064%$4K100xas long as short
BloFin WLD-USDT+0.0220%8h0.4485+0.045%$4.4M$925K75xas long as short
Kraken Futures PF_WLDUSD+0.0306%1h0.4481−0.039%$889K$2.8M50xas long as short
Coinbase International WLD-PERP-INTX+0.0440%1h0.4489+0.134%$266K$1.6M50xas long as short