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

WLD

all WLD markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
Funding, last 7 days−0.125%−$12 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni WLDUSDT0.46730.0100pay 0.0013% / 1h30m 34s$55K$229K50x
ShortPhoenix WLD0.46550.0157get 0.0020% / 1h30m 34s$5K$53K10x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 41 min ago8.73 bp39.3 bp −$39125.7 bp −$1,257doesn'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
Kalshi KXWLDPERP−0.0178%8h0.4665−0.171%$38K$3.9M1.7xas long as short
Phemex WLDUSDT−0.0056%8h0.4659−0.300%$1.9M$3.7M50xas long as short
Nado WLD-PERP−0.0022%1h0.4654−0.407%$279K$170K5xas long as short
KuCoin WLDUSDTM−0.0018%8h0.4655−0.385%$7.0M$11.1M50xas long as short
dYdX WLD-USD0.0000%1h0.4659−0.293%$166K$13K10xas long as short
Deribit WLD_USDC-PERPETUAL0.0000%1h0.4658−0.321%$133K$871K25xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4662−0.233%$57K150xas long as short
Injective WLD/USDC PERP+0.0038%1h0.4659−0.300%$6K$185K5.5xas long as short
Orderly PERP_WLD_USDC+0.0043%8h0.4659−0.300%$28K$903K10xas long as short
Aster WLDUSDT+0.0100%8h0.4665−0.173%$195K$961K50xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica WLD+0.0100%1h0.4660−0.274%$54K$482K5xas long as short
Binance WLDUSDT+0.0100%8h0.4657−0.351%$88.5M$305.3M75xas long as short
Bybit WLDUSDT+0.0100%8h0.4656−0.364%$67.1M$82.3M50xas long as short
OKX WLD-USDT-SWAP+0.0100%8h0.4654−0.407%$35.1M$145.9M50xas long as short
Gate WLD_USDT+0.0100%8h0.4659−0.300%$7.6M$35.5M75xas long as short
MEXC WLD_USDT+0.0100%8h0.4659−0.300%$48.1M$53.9M300xas long as short
Bitget WLDUSDT+0.0100%8h0.4653−0.428%$30.9M$26.3M75xas long as short
BingX WLD-USDC+0.0100%8h0.4661−0.257%$1.3Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4661−0.265%$138K$280K10xas long as short
Variational Omni WLD+0.0100%8h0.4661−0.262%$2.1M$1.7Mas long as short
edgeX WLDUSDC+0.0100%4h0.4654−0.400%$28K$317K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4662−0.235%$616K$1.9M10xas long as short
ApeX Omni WLDUSDTlong+0.0100%1h0.4673long leg$55K$229K50x
Polymarket Perps WLD-USD+0.0100%1h0.4656−0.355%$56K$1.6M10xas long as short
SunX WLD-USDT+0.0100%8h0.4664−0.193%$23K$1.5M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4658−0.321%$218$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4659−0.300%$867K$1.8M50xas long as short
Extended WLD-USD+0.0104%1h0.4659−0.310%$220K$863K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4661−0.251%$32K$6003xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4652−0.454%20xas long as short
Phoenix WLDshort+0.0157%1h0.4655−0.387%$5K$53K10x
BloFin WLD-USDT+0.0220%8h0.4660−0.278%$4.9M$863K75xas long as short
GMX WLD/USD [ETH-USDC]L +0.0239% / S −0.1538%1h0.4661−0.250%$6K100xas long as short
01 Exchange WLDUSD+0.0248%1h0.4663−0.220%$334$775xas long as short
Kraken Futures PF_WLDUSD+0.0323%1h0.4662−0.234%$916K$2.7M50xas long as short
Coinbase International WLD-PERP-INTX+0.0448%1h0.4670−0.064%$277K$1.7M50xas long as short
Hyperliquid WLD+0.0771%1h0.4669−0.086%$52.0M$43.5M10xas long as short
Lighter WLD+0.0936%1h0.4668−0.105%$5.3M$2.0M10xas long as short