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

WLD

all WLD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0054%/8h= +5.9% APRnext payment +$0.07 per $10,000 · paid last 24h −0.020%
Price spread now: Phoenix against Aevo+0.331%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 5 days (all we have)no history yet
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 +$2 a day on $10k at the current rate, and Phoenix is 0.331% dearer against Aevo than usual: you sell high and buy low: +$33 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo WLD-PERP0.45830.0104pay 0.0013% / 1h20m 52s$31K$6003x
ShortPhoenix WLD0.45980.0158get 0.0020% / 1h20m 52s$5K$52K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phoenix against Aevo. 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
$11.27
Price spread: +0.331% → 0.000%
$33.1
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Phoenix: 3.5 bp × 2 orders
−$7
Net
$21.37
Costs to cover
0.230%
Break-even
from the start
Slippage unknown: Aevo: no order-book sample; 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 Aevo no order-book sample
Sell Phoenix no order-book sample
Aevo and 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−0.0040%1h0.4582−0.012%$243K$205K5xas long as short
KuCoin WLDUSDTM−0.0009%8h0.4580−0.055%$7.0M$11.6M50xas long as short
dYdX WLD-USD0.0000%1h0.4583+0.012%$156K$33K10xas long as short
Kalshi KXWLDPERP0.0000%8h0.4586+0.076%$39K$4.6M1.7xas long as short
Deribit WLD_USDC-PERPETUAL0.0000%1h0.4582−0.012%$118K$942K25xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4582−0.016%$66K150xas long as short
Injective WLD/USDC PERP+0.0014%1h0.4544−0.841%$6K$185K5.5xas long as short
Orderly PERP_WLD_USDC+0.0094%8h0.4581−0.033%$28K$886K10xas long as short
Lighter WLD+0.0096%1h0.4587+0.100%$5.0M$2.4M10xas long as short
Aster WLDUSDT+0.0100%8h0.4585+0.044%$211K$1.1M50xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica WLD+0.0100%1h0.4585+0.055%$49K$527K5xas long as short
Binance WLDUSDT+0.0100%8h0.4585+0.052%$86.9M$328.3M75xas long as short
Bybit WLDUSDT+0.0100%8h0.4580−0.055%$65.1M$89.2M50xas long as short
OKX WLD-USDT-SWAP+0.0100%8h0.4581−0.033%$34.4M$149.8M50xas long as short
Gate WLD_USDT+0.0100%8h0.4582−0.012%$7.2M$37.0M75xas long as short
MEXC WLD_USDT+0.0100%8h0.4581−0.033%$44.0M$54.4M300xas long as short
Bitget WLDUSDT+0.0100%8h0.4580−0.055%$30.2M$30.2M75xas long as short
BingX WLD-USDT+0.0100%8h0.4582−0.012%$67.4Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4582−0.003%$137K$299K10xas long as short
Variational Omni WLD+0.0100%8h0.4579−0.085%$2.1M$1.7Mas long as short
edgeX WLDUSDC+0.0100%4h0.4586+0.085%$27K$319K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4593+0.228%$604K$1.9M10xas long as short
ApeX Omni WLDUSDT+0.0100%1h0.4598+0.338%$43K$239K50xas long as short
Polymarket Perps WLD-USD+0.0100%1h0.4580−0.057%$40K$2.1M10xas long as short
SunX WLD-USDT+0.0100%8h0.4585+0.054%$23K$1.6M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4582−0.012%$175$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4586+0.076%$838K$1.8M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4581−0.033%$1.8M$3.7M50xas long as short
Extended WLD-USD+0.0104%1h0.4580−0.060%$221K$981K10xas long as short
Aevo WLD-PERPlong+0.0104%1h0.4583long leg$31K$6003x
Reya WLDRUSDPERP+0.0134%1h0.4581−0.029%20xas long as short
01 Exchange WLDUSD+0.0144%1h0.4582−0.009%$328$805xas long as short
Phoenix WLDshort+0.0158%1h0.4598+0.331%$5K$52K10x
BloFin WLD-USDT+0.0220%8h0.4583+0.010%$4.8M$832K75xas long as short
GMX WLD/USD [ETH-USDC]L +0.0229% / S −0.1268%1h0.4581−0.025%$5K100xas long as short
Hyperliquid WLD+0.0333%1h0.4587+0.100%$50.4M$43.3M10xas long as short
Kraken Futures PF_WLDUSD+0.0479%1h0.4584+0.033%$885K$2.8M50xas long as short
Coinbase International WLD-PERP-INTX+0.0496%1h0.4593+0.228%$269K$1.7M50xas long as short