Spread before costs (cost unknown: a leg has no order-book sample)+0.020%
7d average—if it closes, per $10,000$2funding while held, a day−$0.84
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack WLD_USDC_PERP | 0.4431 | 0.0100 | pay 0.0013% / 1h | 30m 47s | $130K | $325K | 10x |
| Short | Aevo WLD-PERP | 0.4431 | 0.0072 | get 0.0009% / 1h | 30m 47s | $30K | $5K | 3x |
Backpack WLD_USDC_PERP
Aevo WLD-PERPPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $2.03
- Funding while held
- −$0.84
- Slippage, 4 orders
- no order book: not counted
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$24.81
- Spread needed to break even
- 0.260%
Slippage unknown: Backpack: live order book, 14 min ago; Aevo: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0028%
- Per $10,000 a day
- −$0.84
- Average in range /8h
- —
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 Backpack live order book, 14 min ago | 1.92 bp | 9.6 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aevo no order-book sample | — | — | — | — | — |
Aevo: 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 price on every exchange
against the cheapest. Click to use as the short leg.ApeX Omni0.4414cheapestVariational Omni0.4417+0.062%Phoenix0.4418+0.084%edgeX0.4419+0.108%BingX0.4422+0.181%Bybit0.4423+0.204%Coinbase International0.4423+0.204%OKX0.4424+0.227%MEXC0.4424+0.227%Bitget0.4424+0.227%Binance0.4425+0.249%KuCoin0.4425+0.249%Pacifica0.4426+0.272%Gate0.4426+0.272%Injective0.4426+0.272%Phemex0.4426+0.272%Nado0.4427+0.295%HTX0.4427+0.295%Extended0.4427+0.298%Aster0.4427+0.301%Hyperliquid0.4429+0.335%SoDEX0.4429+0.340%dYdX0.4430+0.355%Kalshi0.4430+0.362%BloFin0.4430+0.362%
ApeX Omni
Variational Omni
Phoenix
BingX
Bybit
Coinbase International
OKX
MEXC
Bitget
Binance
KuCoin
Pacifica
Gate
Injective
Phemex
Nado
HTX
Extended
Aster
Hyperliquid
SoDEX
dYdX
BloFinBackpack0.4431+0.376%
01 Exchange0.4431+0.385%Reya0.4431+0.390%Lighter0.4431+0.396%
Reya
LighterAevo0.4431+0.396%
Orderly0.4432+0.408%Kraken Futures0.4433+0.425%Polymarket Perps0.4433+0.426%gTrade (Gains Network)0.4433+0.440%Deribit0.4434+0.453%GMX0.4434+0.455%SunX0.4436+0.498%
Orderly
Kraken Futures
Polymarket Perps
gTrade (Gains Network)
Deribit
GMX
SunXWLD on 37 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni WLDUSDT | −0.375% | +0.0100% | 1h | $63K | $221K | 50x | as long as short |
| Variational Omni WLD | −0.313% | −0.0188% | 8h | $2.1M | $1.7M | — | as long as short |
| Phoenix WLD | −0.291% | −0.0091% | 1h | $2K | $60K | 10x | as long as short |
| edgeX WLDUSDC | −0.267% | +0.0100% | 4h | $26K | $315K | 20x | as long as short |
| BingX WLD-USDC | −0.194% | +0.0058% | 8h | — | $1.3M | — | as long as short |
| Bybit WLDUSDT | −0.172% | −0.0221% | 8h | $63.4M | $76.2M | 50x | as long as short |
| Coinbase International WLD-PERP-INTX | −0.172% | +0.0216% | 1h | $267K | $1.7M | 50x | as long as short |
| OKX WLD-USDT-SWAP | −0.149% | −0.0007% | 8h | $34.7M | $135.2M | 50x | as long as short |
| MEXC WLD_USDT | −0.149% | −0.0041% | 8h | $44.3M | $46.2M | 300x | as long as short |
| Bitget WLDUSDT | −0.149% | +0.0056% | 8h | $29.0M | $25.5M | 75x | as long as short |
Show all 37 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Binance WLDUSDT | −0.126% | −0.0042% | 8h | $80.8M | $278.2M | 75x | as long as short |
| KuCoin WLDUSDTM | −0.126% | −0.0011% | 8h | $7.0M | $11.8M | 50x | as long as short |
| Pacifica WLD | −0.104% | +0.0100% | 1h | $58K | $510K | 5x | as long as short |
| Gate WLD_USDT | −0.104% | −0.0077% | 8h | $7.3M | $33.3M | 75x | as long as short |
| Injective WLD/USDC PERP | −0.104% | +0.0353% | 1h | $6K | $194 | 5.5x | as long as short |
| Phemex WLDUSDT | −0.104% | −0.0065% | 8h | $1.9M | $3.8M | 50x | as long as short |
| Nado WLD-PERP | −0.081% | −0.0051% | 1h | $347K | $206K | 5x | as long as short |
| HTX WLD-USDT | −0.081% | +0.0100% | 8h | $823K | $1.7M | 50x | as long as short |
| Extended WLD-USD | −0.078% | +0.0104% | 1h | $133K | $662K | 10x | as long as short |
| Aster WLDUSDT | −0.074% | +0.0100% | 8h | $230K | $1.0M | 50x | as long as short |
| Hyperliquid WLD | −0.041% | +0.0100% | 1h | $45.2M | $39.3M | 10x | as long as short |
| SoDEX WLD-USD | −0.036% | +0.0100% | 1h | $190 | $5K | 10x | as long as short |
| dYdX WLD-USD | −0.021% | +0.0057% | 1h | $152K | $5K | 10x | as long as short |
| Kalshi KXWLDPERP | −0.014% | −0.0137% | 8h | $90K | $3.4M | 1.7x | as long as short |
| BloFin WLD-USDT | −0.014% | +0.0078% | 8h | $4.9M | $1.1M | 75x | as long as short |
| Backpack WLD_USDC_PERPlong | 0.000% | +0.0100% | 1h | $130K | $325K | 10x | |
| 01 Exchange WLDUSD | +0.009% | +0.0032% | 1h | $317 | $77 | 5x | as long as short |
| Reya WLDRUSDPERP | +0.014% | +0.0134% | 1h | — | — | 20x | as long as short |
| Lighter WLD | +0.020% | +0.0096% | 1h | $4.8M | $1.1M | 10x | as long as short |
| Aevo WLD-PERPshort | +0.020% | +0.0072% | 1h | $30K | $5K | 3x | |
| Orderly PERP_WLD_USDC | +0.032% | −0.0050% | 8h | $27K | $944K | 10x | as long as short |
| Kraken Futures PF_WLDUSD | +0.049% | +0.0008% | 1h | $728K | $2.2M | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.050% | +0.0100% | 1h | $51K | $1.8M | 10x | as long as short |
| gTrade (Gains Network) WLD/USD | +0.064% | L +0.0003% / S −0.0003% | 1h | $57K | — | 150x | as long as short |
| Deribit WLD_USDC-PERPETUAL | +0.077% | 0.0000% | 1h | $114K | $788K | 25x | as long as short |
| GMX WLD/USD [ETH-USDC] | +0.078% | L +0.0186% / S −0.1014% | 1h | $5K | — | 100x | as long as short |
| SunX WLD-USDT | +0.122% | +0.0100% | 8h | $22K | $1.5M | 50x | as long as short |