Spread before costs (cost unknown: a leg has no order-book sample)+0.045%
7d average—if it closes, per $10,000$5funding while held, a day−$0.99
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX WLD-USDT | 0.4417 | 0.0051 | pay 0.0051% / 8h | 57m 02s | — | $68.7M | — |
| Short | Phoenix WLD | 0.4419 | 0.0018 | get 0.0002% / 1h | 57m 02s | $2K | $56K | 10x |
BingX WLD-USDT
Phoenix WLDPrice 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
- $4.53
- Funding while held
- −$0.99
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$13.47
- Spread needed to break even
- 0.170%
Slippage unknown: BingX: live order book, 3 min ago; Phoenix: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0033%
- Per $10,000 a day
- −$0.99
- 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, 3 min ago | 2.27 bp | 8.4 bp −$8 | 9.7 bp −$97 | 23.5 bp −$2,346 | 105.4 bp −$52.7K |
| 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 price on every exchange
against the cheapest. Click to use as the short leg.Reya0.4413cheapestInjective0.4413+0.004%edgeX0.4414+0.029%ApeX Omni0.4415+0.049%MEXC0.4416+0.072%KuCoin0.4416+0.072%Nado0.4416+0.072%Orderly0.4416+0.072%Phemex0.4416+0.072%
Reya
Injective
ApeX Omni
MEXC
KuCoin
Nado
Orderly
PhemexBingX0.4417+0.095%
SoDEX0.4417+0.095%BloFin0.4417+0.095%Backpack0.4417+0.097%Aevo0.4417+0.106%Aster0.4418+0.115%gTrade (Gains Network)0.4418+0.116%Gate0.4418+0.117%HTX0.4418+0.117%01 Exchange0.4418+0.119%Polymarket Perps0.4418+0.122%
SoDEX
BloFin
Backpack
Aevo
Aster
gTrade (Gains Network)
Gate
HTX
Polymarket PerpsPhoenix0.4419+0.140%
Deribit0.4419+0.140%Hyperliquid0.4419+0.142%GMX0.4420+0.156%Extended0.4421+0.183%Kraken Futures0.4421+0.185%Bybit0.4421+0.185%Bitget0.4421+0.185%OKX0.4422+0.208%SunX0.4422+0.208%Binance0.4423+0.231%Kalshi0.4423+0.231%Variational Omni0.4424+0.249%Lighter0.4425+0.276%Pacifica0.4425+0.277%dYdX0.4427+0.328%Coinbase International0.4430+0.389%
Deribit
Hyperliquid
GMX
Extended
Kraken Futures
Bybit
Bitget
OKX
SunX
Binance
Variational Omni
Lighter
Pacifica
dYdX
Coinbase InternationalWLD on 37 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Reya WLDRUSDPERP | −0.094% | +0.0134% | 1h | — | — | 20x | as long as short |
| Injective WLD/USDC PERP | −0.091% | +0.0083% | 1h | $6K | $41K | 5.5x | as long as short |
| edgeX WLDUSDC | −0.065% | +0.0100% | 4h | $26K | $313K | 20x | as long as short |
| ApeX Omni WLDUSDT | −0.045% | +0.0100% | 1h | $63K | $220K | 50x | as long as short |
| MEXC WLD_USDT | −0.023% | −0.0044% | 8h | $40.8M | $46.0M | 300x | as long as short |
| KuCoin WLDUSDTM | −0.023% | +0.0004% | 8h | $6.8M | $12.1M | 50x | as long as short |
| Nado WLD-PERP | −0.023% | −0.0097% | 1h | $346K | $206K | 5x | as long as short |
| Orderly PERP_WLD_USDC | −0.023% | −0.0034% | 8h | $27K | $957K | 10x | as long as short |
| Phemex WLDUSDT | −0.023% | +0.0100% | 8h | $1.8M | $3.9M | 50x | as long as short |
| BingX WLD-USDTlong | 0.000% | +0.0051% | 8h | — | $68.7M | — |
Show all 37 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SoDEX WLD-USD | 0.000% | +0.0100% | 1h | $191 | $5K | 10x | as long as short |
| BloFin WLD-USDT | 0.000% | +0.0076% | 8h | $4.9M | $1.2M | 75x | as long as short |
| Backpack WLD_USDC_PERP | +0.002% | +0.0100% | 1h | $131K | $325K | 10x | as long as short |
| Aevo WLD-PERP | +0.011% | +0.0072% | 1h | $30K | $5K | 3x | as long as short |
| Aster WLDUSDT | +0.020% | +0.0049% | 8h | $278K | $893K | 50x | as long as short |
| gTrade (Gains Network) WLD/USD | +0.021% | L +0.0003% / S −0.0003% | 1h | $70K | — | 150x | as long as short |
| Gate WLD_USDT | +0.023% | +0.0015% | 8h | $7.1M | $33.2M | 75x | as long as short |
| HTX WLD-USDT | +0.023% | +0.0100% | 8h | $812K | $1.6M | 50x | as long as short |
| 01 Exchange WLDUSD | +0.025% | −0.0072% | 1h | $316 | $1K | 5x | as long as short |
| Polymarket Perps WLD-USD | +0.027% | +0.0100% | 1h | $49K | $1.7M | 10x | as long as short |
| Phoenix WLDshort | +0.045% | +0.0018% | 1h | $2K | $56K | 10x | |
| Deribit WLD_USDC-PERPETUAL | +0.045% | 0.0000% | 1h | $118K | $768K | 25x | as long as short |
| Hyperliquid WLD | +0.048% | +0.0100% | 1h | $46.1M | $39.4M | 10x | as long as short |
| GMX WLD/USD [ETH-USDC] | +0.061% | L +0.0187% / S −0.1014% | 1h | $5K | — | 100x | as long as short |
| Extended WLD-USD | +0.089% | +0.0104% | 1h | $134K | $670K | 10x | as long as short |
| Kraken Futures PF_WLDUSD | +0.090% | +0.0063% | 1h | $774K | $2.0M | 50x | as long as short |
| Bybit WLDUSDT | +0.091% | −0.0112% | 8h | $63.8M | $76.5M | 50x | as long as short |
| Bitget WLDUSDT | +0.091% | +0.0053% | 8h | $29.1M | $25.5M | 75x | as long as short |
| OKX WLD-USDT-SWAP | +0.113% | −0.0016% | 8h | $33.9M | $133.0M | 50x | as long as short |
| SunX WLD-USDT | +0.113% | +0.0100% | 8h | $22K | $1.5M | 50x | as long as short |
| Binance WLDUSDT | +0.136% | −0.0044% | 8h | $81.3M | $276.7M | 75x | as long as short |
| Kalshi KXWLDPERP | +0.136% | −0.0188% | 8h | $60K | $3.2M | 1.7x | as long as short |
| Variational Omni WLD | +0.154% | −0.0104% | 8h | $2.1M | $1.7M | — | as long as short |
| Lighter WLD | +0.181% | +0.0096% | 1h | $4.8M | $1.2M | 10x | as long as short |
| Pacifica WLD | +0.182% | +0.0100% | 1h | $67K | $520K | 5x | as long as short |
| dYdX WLD-USD | +0.233% | 0.0000% | 1h | $152K | $5K | 10x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.294% | +0.0240% | 1h | $265K | $1.8M | 50x | as long as short |