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: Phoenix against ApeX Omni−0.387%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.125%−$12 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Phoenix is 0.387% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.387% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$39 on $10k: about 23 days of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −0.125%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni WLDUSDT | 0.4673 | 0.0100 | pay 0.0013% / 1h | 30m 34s | $55K | $229K | 50x |
| Short | Phoenix WLD | 0.4655 | 0.0157 | get 0.0020% / 1h | 30m 34s | $5K | $53K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against ApeX Omni. 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
- $11.99
- Price spread: −0.387% → 0.000%
- −$38.73
- Slippage, 4 orders
- no order book: not counted
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$43.75
- Costs to cover
- 0.170%
- Break-even
- 32.5 days
Slippage unknown: ApeX Omni: live order book, 41 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 ApeX Omni live order book, 41 min ago | 8.73 bp | 39.3 bp −$39 | 125.7 bp −$1,257 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kalshi KXWLDPERP | −0.0178% | 8h | 0.4665 | −0.171% | $38K | $3.9M | 1.7x | as long as short |
| Phemex WLDUSDT | −0.0056% | 8h | 0.4659 | −0.300% | $1.9M | $3.7M | 50x | as long as short |
| Nado WLD-PERP | −0.0022% | 1h | 0.4654 | −0.407% | $279K | $170K | 5x | as long as short |
| KuCoin WLDUSDTM | −0.0018% | 8h | 0.4655 | −0.385% | $7.0M | $11.1M | 50x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4659 | −0.293% | $166K | $13K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4658 | −0.321% | $133K | $871K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4662 | −0.233% | $57K | — | 150x | as long as short |
| Injective WLD/USDC PERP | +0.0038% | 1h | 0.4659 | −0.300% | $6K | $185K | 5.5x | as long as short |
| Orderly PERP_WLD_USDC | +0.0043% | 8h | 0.4659 | −0.300% | $28K | $903K | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4665 | −0.173% | $195K | $961K | 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 | 0.4660 | −0.274% | $54K | $482K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4657 | −0.351% | $88.5M | $305.3M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4656 | −0.364% | $67.1M | $82.3M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4654 | −0.407% | $35.1M | $145.9M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4659 | −0.300% | $7.6M | $35.5M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4659 | −0.300% | $48.1M | $53.9M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4653 | −0.428% | $30.9M | $26.3M | 75x | as long as short |
| BingX WLD-USDC | +0.0100% | 8h | 0.4661 | −0.257% | — | $1.3M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4661 | −0.265% | $138K | $280K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4661 | −0.262% | $2.1M | $1.7M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4654 | −0.400% | $28K | $317K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4662 | −0.235% | $616K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDTlong | +0.0100% | 1h | 0.4673 | long leg | $55K | $229K | 50x | |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4656 | −0.355% | $56K | $1.6M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4664 | −0.193% | $23K | $1.5M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4658 | −0.321% | $218 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4659 | −0.300% | $867K | $1.8M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4659 | −0.310% | $220K | $863K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4661 | −0.251% | $32K | $600 | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4652 | −0.454% | — | — | 20x | as long as short |
| Phoenix WLDshort | +0.0157% | 1h | 0.4655 | −0.387% | $5K | $53K | 10x | |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4660 | −0.278% | $4.9M | $863K | 75x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0239% / S −0.1538% | 1h | 0.4661 | −0.250% | $6K | — | 100x | as long as short |
| 01 Exchange WLDUSD | +0.0248% | 1h | 0.4663 | −0.220% | $334 | $77 | 5x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0323% | 1h | 0.4662 | −0.234% | $916K | $2.7M | 50x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0448% | 1h | 0.4670 | −0.064% | $277K | $1.7M | 50x | as long as short |
| Hyperliquid WLD | +0.0771% | 1h | 0.4669 | −0.086% | $52.0M | $43.5M | 10x | as long as short |
| Lighter WLD | +0.0936% | 1h | 0.4668 | −0.105% | $5.3M | $2.0M | 10x | as long as short |
ApeX Omni WLDUSDT
Phoenix WLD
Kalshi KXWLDPERP
Phemex WLDUSDT
KuCoin WLDUSDTM
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
Injective WLD/USDC PERP
Aster WLDUSDT
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
Polymarket Perps WLD-USD
SunX WLD-USDT
SoDEX WLD-USD
HTX WLD-USDT
Extended WLD-USD
BloFin WLD-USDT
GMX WLD/USD [ETH-USDC]
01 Exchange WLDUSD
Kraken Futures PF_WLDUSD
Coinbase International WLD-PERP-INTX
Hyperliquid WLD
Lighter WLD