Funding you earn now, next payment 05:00 UTC+0.0042%/8h= +4.6% APRpaid last 24h −0.020%
Price spread now: Phoenix against SunX+0.287%69s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.117%−$12 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 +$1 a day on $10k at the current rate, and Phoenix is 0.287% dearer against SunX than usual: you sell high and buy low: +$29 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.117%, so the current rate has only just turned in your favour. The two prices were read 69 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 | SunX WLD-USDT | 0.4496 | 0.0100 | pay 0.0100% / 8h | 2h 31m | $23K | $1.6M | 50x |
| Short | Phoenix WLD | 0.4509 | 0.0142 | get 0.0018% / 1h | 31m 37s | $5K | $52K | 10x |
SunX WLD-USDT
Phoenix WLDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against SunX. 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
- $8.9
- Price spread: +0.287% → 0.000%
- $28.69
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- $22.59
- Costs to cover
- 0.150%
- Break-even
- from the start
Slippage unknown: SunX: live order book, 3 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 SunX live order book, 3 min ago | 29.88 bp | 38.7 bp −$39 | doesn't fit | 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 | −0.0053% | 1h | 0.4492 | −0.089% | $241K | $208K | 5x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4489 | −0.161% | $153K | $33K | 10x | as long as short |
| Kalshi KXWLDPERP | 0.0000% | 8h | 0.4493 | −0.067% | $69K | $4.9M | 1.7x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4492 | −0.089% | $143K | $1.0M | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4493 | −0.070% | $65K | — | 150x | as long as short |
| Polymarket Perps WLD-USD | +0.0043% | 1h | 0.4494 | −0.044% | $40K | $2.4M | 10x | as long as short |
| KuCoin WLDUSDTM | +0.0046% | 8h | 0.4486 | −0.222% | $6.7M | $11.9M | 50x | as long as short |
| 01 Exchange WLDUSD | +0.0056% | 1h | 0.4498 | +0.047% | $322 | $55 | 5x | as long as short |
| Orderly PERP_WLD_USDC | +0.0098% | 8h | 0.4491 | −0.111% | $28K | $821K | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4492 | −0.088% | $224K | $1.1M | 50x | as long as short |
Nado WLD-PERP
dYdX WLD-USD
Kalshi KXWLDPERP
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
Polymarket Perps WLD-USD
KuCoin WLDUSDTM
01 Exchange WLDUSD
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 | 0.4490 | −0.132% | $50K | $541K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4492 | −0.089% | $85.5M | $339.3M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4489 | −0.156% | $63.9M | $92.0M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4490 | −0.133% | $33.7M | $153.1M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4491 | −0.111% | $7.3M | $37.1M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4490 | −0.133% | $38.6M | $55.7M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4490 | −0.133% | $29.5M | $31.0M | 75x | as long as short |
| BingX WLD-USDC | +0.0100% | 8h | 0.4491 | −0.111% | — | $1.3M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4493 | −0.058% | $133K | $305K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4509 | +0.285% | $2.0M | $1.7M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4522 | +0.583% | $27K | $321K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4512 | +0.357% | $599K | $2.0M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4527 | +0.690% | $48K | $240K | 50x | as long as short |
| SunX WLD-USDTlong | +0.0100% | 8h | 0.4496 | long leg | $23K | $1.6M | 50x | |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4490 | −0.133% | $209 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4492 | −0.089% | $822K | $1.7M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4492 | −0.089% | $1.8M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4489 | −0.160% | $220K | $999K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4491 | −0.115% | $30K | $600 | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4491 | −0.115% | — | — | 20x | as long as short |
| Lighter WLD | +0.0136% | 1h | 0.4494 | −0.036% | $4.9M | $2.9M | 10x | as long as short |
| Phoenix WLDshort | +0.0142% | 1h | 0.4509 | +0.287% | $5K | $52K | 10x | |
| Injective WLD/USDC PERP | +0.0176% | 1h | 0.4513 | +0.378% | $6K | $185K | 5.5x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0219% / S −0.0967% | 1h | 0.4492 | −0.088% | $4K | — | 100x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4494 | −0.044% | $4.8M | $924K | 75x | as long as short |
| Hyperliquid WLD | +0.0294% | 1h | 0.4489 | −0.153% | $48.5M | $44.2M | 10x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0504% | 1h | 0.4492 | −0.081% | $857K | $2.9M | 50x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0536% | 1h | 0.4506 | +0.222% | $274K | $1.7M | 50x | as long as short |
Pacifica WLD
Binance WLDUSDT
Bybit WLDUSDT
OKX WLD-USDT-SWAP
Gate WLD_USDT
MEXC WLD_USDT
Bitget WLDUSDT
BingX WLD-USDC
Backpack WLD_USDC_PERP
Variational Omni WLD
edgeX WLDUSDC
GRVT WLD_USDT_Perp
ApeX Omni WLDUSDT
SoDEX WLD-USD
HTX WLD-USDT
Phemex WLDUSDT
Extended WLD-USD
Aevo WLD-PERP
Reya WLDRUSDPERP
Lighter WLD
Injective WLD/USDC PERP
GMX WLD/USD [ETH-USDC]
BloFin WLD-USDT
Hyperliquid WLD
Kraken Futures PF_WLDUSD
Coinbase International WLD-PERP-INTX