Spread before costs (cost unknown: a leg has no order-book sample)+0.346%
7d average—if it closes, per $10,000$35funding while held, a day+$0.95
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX WLD-USDT | 0.4331 | 0.0100 | pay 0.0100% / 8h | 4h 54m | — | $67.3M | — |
| Short | Injective WLD/USDC PERP | 0.4346 | 0.0132 | get 0.0016% / 1h | 54m 34s | $6K | $42K | 5.5x |
BingX WLD-USDT
Injective WLD/USDC 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
- $34.63
- Funding while held
- $0.95
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $25.56
- Spread needed to break even
- 0.100%
Slippage unknown: BingX: live order book, 6 min ago; Injective: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0032%
- Per $10,000 a day
- +$0.95
- 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 BingX live order book, 6 min ago | 1.15 bp | 6.2 bp −$6 | 8.2 bp −$82 | 20.3 bp −$2,035 | 92.8 bp −$46.4K |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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.Bybit0.4329cheapestBitget0.4329cheapestExtended0.4329+0.008%OKX0.4330+0.023%Nado0.4330+0.035%Binance0.4331+0.035%Reya0.4331+0.037%01 Exchange0.4331+0.044%MEXC0.4331+0.046%KuCoin0.4331+0.046%
Bybit
Bitget
Extended
OKX
Nado
Binance
Reya
MEXC
KuCoinBingX0.4331+0.046%
Variational Omni0.4332+0.059%Pacifica0.4332+0.069%Gate0.4332+0.069%Hyperliquid0.4334+0.120%Orderly0.4335+0.139%SoDEX0.4335+0.139%dYdX0.4335+0.142%Polymarket Perps0.4336+0.159%ApeX Omni0.4336+0.162%Kalshi0.4336+0.162%HTX0.4336+0.162%Lighter0.4336+0.173%SunX0.4337+0.185%Phemex0.4337+0.185%BloFin0.4337+0.185%Aevo0.4337+0.187%Backpack0.4338+0.208%Deribit0.4338+0.208%Coinbase International0.4338+0.208%GMX0.4338+0.218%gTrade (Gains Network)0.4339+0.223%Kraken Futures0.4340+0.248%Aster0.4340+0.249%edgeX0.4342+0.310%
Variational Omni
Pacifica
Gate
Hyperliquid
Orderly
SoDEX
dYdX
Polymarket Perps
ApeX Omni
HTX
Lighter
SunX
Phemex
BloFin
Aevo
Backpack
Deribit
Coinbase International
GMX
gTrade (Gains Network)
Kraken Futures
AsterInjective0.4346+0.393%
Phoenix0.4347+0.413%
PhoenixWLD on 37 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit WLDUSDT | −0.046% | −0.0180% | 8h | $61.7M | $68.2M | 50x | as long as short |
| Bitget WLDUSDT | −0.046% | +0.0100% | 8h | $28.3M | $23.6M | 75x | as long as short |
| Extended WLD-USD | −0.038% | +0.0072% | 1h | $148K | $534K | 10x | as long as short |
| OKX WLD-USDT-SWAP | −0.023% | −0.0022% | 8h | $32.6M | $120.4M | 50x | as long as short |
| Nado WLD-PERP | −0.012% | −0.0094% | 1h | $339K | $150K | 5x | as long as short |
| Binance WLDUSDT | −0.011% | −0.0044% | 8h | $77.8M | $258.2M | 75x | as long as short |
| Reya WLDRUSDPERP | −0.010% | +0.0134% | 1h | — | — | 20x | as long as short |
| 01 Exchange WLDUSD | −0.002% | −0.0152% | 1h | $310 | $77 | 5x | as long as short |
| MEXC WLD_USDT | 0.000% | −0.0040% | 8h | $41.9M | $41.2M | 300x | as long as short |
| KuCoin WLDUSDTM | 0.000% | −0.0025% | 8h | $7.2M | $9.9M | 50x | as long as short |
Show all 37 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BingX WLD-USDTlong | 0.000% | +0.0100% | 8h | — | $67.3M | — | |
| Variational Omni WLD | +0.013% | −0.0211% | 8h | $2.0M | $1.4M | — | as long as short |
| Pacifica WLD | +0.023% | +0.0100% | 1h | $57K | $464K | 5x | as long as short |
| Gate WLD_USDT | +0.023% | +0.0071% | 8h | $7.3M | $32.0M | 75x | as long as short |
| Hyperliquid WLD | +0.074% | +0.0100% | 1h | $43.3M | $36.2M | 10x | as long as short |
| Orderly PERP_WLD_USDC | +0.092% | −0.0030% | 8h | $27K | $928K | 10x | as long as short |
| SoDEX WLD-USD | +0.092% | +0.0100% | 1h | $188 | $5K | 10x | as long as short |
| dYdX WLD-USD | +0.095% | 0.0000% | 1h | $149K | $4K | 10x | as long as short |
| Polymarket Perps WLD-USD | +0.113% | +0.0100% | 1h | $52K | $1.8M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.115% | +0.0100% | 1h | $62K | $221K | 50x | as long as short |
| Kalshi KXWLDPERP | +0.115% | −0.0108% | 8h | $104K | $3.6M | 1.7x | as long as short |
| HTX WLD-USDT | +0.115% | +0.0100% | 8h | $804K | $1.7M | 50x | as long as short |
| Lighter WLD | +0.127% | +0.0096% | 1h | $4.7M | $1.2M | 10x | as long as short |
| SunX WLD-USDT | +0.139% | +0.0100% | 8h | $21K | $1.4M | 50x | as long as short |
| Phemex WLDUSDT | +0.139% | +0.0100% | 8h | $1.8M | $3.8M | 50x | as long as short |
| BloFin WLD-USDT | +0.139% | +0.0080% | 8h | $4.6M | $862K | 75x | as long as short |
| Aevo WLD-PERP | +0.141% | +0.0072% | 1h | $29K | $5K | 3x | as long as short |
| Backpack WLD_USDC_PERP | +0.162% | −0.0393% | 1h | $127K | $270K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | +0.162% | 0.0000% | 1h | $122K | $776K | 25x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.162% | +0.0352% | 1h | $261K | $1.4M | 50x | as long as short |
| GMX WLD/USD [ETH-USDC] | +0.171% | L +0.0205% / S −0.1501% | 1h | $7K | — | 100x | as long as short |
| gTrade (Gains Network) WLD/USD | +0.177% | L +0.0003% / S −0.0003% | 1h | $56K | — | 150x | as long as short |
| Kraken Futures PF_WLDUSD | +0.202% | +0.0466% | 1h | $879K | $2.3M | 50x | as long as short |
| Aster WLDUSDT | +0.203% | +0.0100% | 8h | $224K | $913K | 50x | as long as short |
| edgeX WLDUSDC | +0.264% | +0.0100% | 4h | $26K | $313K | 20x | as long as short |
| Injective WLD/USDC PERPshort | +0.346% | +0.0132% | 1h | $6K | $42K | 5.5x | |
| Phoenix WLD | +0.367% | −0.0055% | 1h | $2K | $46K | 10x | as long as short |