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
Funding, last 7 days−0.037%−$4 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs 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).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps WLD-USD | 0.4483 | 0.0100 | pay 0.0013% / 1h | 30m 38s | $49K | $2.7M | 10x |
| Short | Phoenix WLD | 0.4487 | 0.0194 | get 0.0024% / 1h | 30m 38s | $4K | $44K | 10x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Polymarket Perps live order book, 33 min ago | 3.55 bp | 7.5 bp −$8 | 8.6 bp −$86 | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado WLD-PERP | −0.0006% | 1h | 0.4480 | −0.067% | $232K | $175K | 5x | as long as short |
| Kalshi KXWLDPERP | 0.0000% | 8h | 0.4482 | −0.022% | $42K | $4.6M | 1.7x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4481 | −0.045% | $115K | $1.0M | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4481 | −0.047% | $65K | — | 150x | as long as short |
| Bybit WLDUSDT | +0.0038% | 8h | 0.4473 | −0.223% | $63.4M | $89.1M | 50x | as long as short |
| Orderly PERP_WLD_USDC | +0.0099% | 8h | 0.4480 | −0.067% | $27K | $585K | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4478 | −0.109% | $225K | $1.0M | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4478 | −0.112% | $54K | $542K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4477 | −0.134% | $85.7M | $333.6M | 75x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4474 | −0.201% | $33.9M | $148.3M | 50x | as long as short |
Show all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate WLD_USDT | +0.0100% | 8h | 0.4476 | −0.156% | $7.0M | $34.7M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4478 | −0.112% | $40.9M | $56.4M | 300x | as long as short |
| KuCoin WLDUSDTM | +0.0100% | 8h | 0.4475 | −0.178% | $6.6M | $11.6M | 50x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4477 | −0.134% | $29.5M | $31.1M | 75x | as long as short |
| BingX WLD-USDC | +0.0100% | 8h | 0.4478 | −0.112% | — | $1.3M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4481 | −0.051% | $129K | $297K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4480 | −0.072% | $2.1M | $1.5M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4488 | +0.113% | $27K | $322K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4504 | +0.468% | $600K | $2.1M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4486 | +0.067% | $48K | $237K | 50x | as long as short |
| Polymarket Perps WLD-USDlong | +0.0100% | 1h | 0.4483 | long leg | $49K | $2.7M | 10x | |
| SunX WLD-USDT | +0.0100% | 8h | 0.4485 | +0.045% | $22K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4480 | −0.067% | $215 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4478 | −0.112% | $821K | $1.4M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4483 | 0.000% | $1.7M | $3.6M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4475 | −0.171% | $212K | $907K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4485 | +0.045% | $30K | $500 | 3x | as long as short |
| Injective WLD/USDC PERP | +0.0109% | 1h | 0.4508 | +0.558% | $6K | $185K | 5.5x | as long as short |
| Hyperliquid WLD | +0.0120% | 1h | 0.4480 | −0.065% | $49.6M | $43.1M | 10x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4479 | −0.083% | — | — | 20x | as long as short |
| Lighter WLD | +0.0160% | 1h | 0.4483 | +0.004% | $4.9M | $2.9M | 10x | as long as short |
| 01 Exchange WLDUSD | +0.0168% | 1h | 0.4478 | −0.109% | $320 | $55 | 5x | as long as short |
| dYdX WLD-USD | +0.0174% | 1h | 0.4483 | +0.006% | $153K | $31K | 10x | as long as short |
| Phoenix WLDshort | +0.0194% | 1h | 0.4487 | +0.083% | $4K | $44K | 10x | |
| GMX WLD/USD [ETH-USDC] | L +0.0219% / S −0.0967% | 1h | 0.4480 | −0.064% | $4K | — | 100x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4485 | +0.045% | $4.4M | $925K | 75x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0306% | 1h | 0.4481 | −0.039% | $889K | $2.8M | 50x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0440% | 1h | 0.4489 | +0.134% | $266K | $1.6M | 50x | as long as short |
Polymarket Perps WLD-USD
Phoenix WLD
Kalshi KXWLDPERP
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
Bybit WLDUSDT
Aster WLDUSDT
Pacifica WLD
Binance WLDUSDT
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
SunX WLD-USDT
SoDEX WLD-USD
HTX WLD-USDT
Phemex WLDUSDT
Extended WLD-USD
Injective WLD/USDC PERP
Hyperliquid WLD
Lighter WLD
01 Exchange WLDUSD
GMX WLD/USD [ETH-USDC]
BloFin WLD-USDT
Kraken Futures PF_WLDUSD
Coinbase International WLD-PERP-INTX