Spread before costs (cost unknown: a leg has no order-book sample)0.000%
7d average—if it closes, per $10,000$0funding while held, a day+$12.63
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit WLDUSDT | 0.4297 | −0.0321 | get 0.0321% / 8h | 6h 05m | $61.3M | $69.4M | 50x |
| Short | SoDEX WLD-USD | 0.4297 | 0.0100 | get 0.0013% / 1h | 5m 17s | $186 | $5K | 10x |
Bybit WLDUSDT
SoDEX WLD-USDPrice 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
- $0
- Funding while held
- $12.63
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$6.37
- Spread needed to break even
- 0.190%
Slippage unknown: Bybit: live order book, 5 min ago; SoDEX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0421%
- Per $10,000 a day
- +$12.63
- 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 Bybit live order book, 5 min ago | 1.15 bp | 8.5 bp −$9 | 15.8 bp −$158 | 120.3 bp −$12.0K | doesn't fit |
| Sell SoDEX no order-book sample | — | — | — | — | — |
SoDEX: 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.Backpack0.4292cheapestKalshi0.4293+0.030%Pacifica0.4293+0.041%BloFin0.4294+0.054%dYdX0.4295+0.073%01 Exchange0.4295+0.077%Extended0.4296+0.090%OKX0.4296+0.100%Bitget0.4296+0.100%Aster0.4296+0.110%Nado0.4296+0.112%
Backpack
Pacifica
BloFin
dYdX
Extended
OKX
Bitget
Aster
NadoBybit0.4297+0.123%
KuCoin0.4297+0.123%Orderly0.4297+0.123%
KuCoin
OrderlySoDEX0.4297+0.123%
Phemex0.4297+0.123%Reya0.4297+0.126%Hyperliquid0.4298+0.135%Gate0.4298+0.147%BingX0.4298+0.147%Deribit0.4298+0.147%Polymarket Perps0.4298+0.154%Aevo0.4298+0.156%Binance0.4299+0.170%MEXC0.4299+0.170%Coinbase International0.4300+0.193%HTX0.4300+0.193%GMX0.4301+0.216%gTrade (Gains Network)0.4301+0.217%SunX0.4302+0.240%Kraken Futures0.4303+0.257%Lighter0.4304+0.277%Variational Omni0.4316+0.563%Phoenix0.4324+0.762%edgeX0.4326+0.795%ApeX Omni0.4327+0.823%Injective0.4358+1.545%
Phemex
Reya
Hyperliquid
Gate
BingX
Deribit
Polymarket Perps
Aevo
Binance
MEXC
Coinbase International
HTX
GMX
gTrade (Gains Network)
SunX
Kraken Futures
Lighter
Variational Omni
Phoenix
ApeX Omni
InjectiveWLD on 37 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Backpack WLD_USDC_PERP | −0.123% | +0.0100% | 1h | $128K | $284K | 10x | as long as short |
| Kalshi KXWLDPERP | −0.093% | −0.0139% | 8h | $120K | $3.6M | 1.7x | as long as short |
| Pacifica WLD | −0.083% | +0.0100% | 1h | $61K | $469K | 5x | as long as short |
| BloFin WLD-USDT | −0.070% | +0.0054% | 8h | $4.7M | $980K | 75x | as long as short |
| dYdX WLD-USD | −0.050% | +0.0033% | 1h | $148K | $4K | 10x | as long as short |
| 01 Exchange WLDUSD | −0.047% | 0.0000% | 1h | $307 | $77 | 5x | as long as short |
| Extended WLD-USD | −0.034% | +0.0064% | 1h | $147K | $556K | 10x | as long as short |
| OKX WLD-USDT-SWAP | −0.023% | −0.0025% | 8h | $32.4M | $122.7M | 50x | as long as short |
| Bitget WLDUSDT | −0.023% | +0.0100% | 8h | $28.1M | $24.1M | 75x | as long as short |
| Aster WLDUSDT | −0.014% | +0.0100% | 8h | $224K | $921K | 50x | as long as short |
Show all 37 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Nado WLD-PERP | −0.012% | −0.0049% | 1h | $336K | $166K | 5x | as long as short |
| Bybit WLDUSDTlong | 0.000% | −0.0321% | 8h | $61.3M | $69.4M | 50x | |
| KuCoin WLDUSDTM | 0.000% | −0.0036% | 8h | $7.1M | $10.1M | 50x | as long as short |
| Orderly PERP_WLD_USDC | 0.000% | −0.0034% | 8h | $27K | $936K | 10x | as long as short |
| SoDEX WLD-USDshort | 0.000% | +0.0100% | 1h | $186 | $5K | 10x | |
| Phemex WLDUSDT | 0.000% | +0.0100% | 8h | $1.8M | $3.8M | 50x | as long as short |
| Reya WLDRUSDPERP | +0.003% | +0.0134% | 1h | — | — | 20x | as long as short |
| Hyperliquid WLD | +0.012% | +0.0100% | 1h | $43.3M | $36.5M | 10x | as long as short |
| Gate WLD_USDT | +0.023% | −0.0024% | 8h | $7.2M | $32.8M | 75x | as long as short |
| BingX WLD-USDT | +0.023% | +0.0100% | 8h | — | $67.9M | — | as long as short |
| Deribit WLD_USDC-PERPETUAL | +0.023% | −0.0215% | 1h | $122K | $786K | 25x | as long as short |
| Polymarket Perps WLD-USD | +0.030% | +0.0100% | 1h | $46K | $1.9M | 10x | as long as short |
| Aevo WLD-PERP | +0.033% | +0.0064% | 1h | $29K | $5K | 3x | as long as short |
| Binance WLDUSDT | +0.047% | −0.0066% | 8h | $77.8M | $261.9M | 75x | as long as short |
| MEXC WLD_USDT | +0.047% | −0.0066% | 8h | $41.1M | $44.3M | 300x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.070% | +0.0296% | 1h | $266K | $1.4M | 50x | as long as short |
| HTX WLD-USDT | +0.070% | +0.0100% | 8h | $798K | $1.7M | 50x | as long as short |
| GMX WLD/USD [ETH-USDC] | +0.092% | L +0.0205% / S −0.1501% | 1h | $7K | — | 100x | as long as short |
| gTrade (Gains Network) WLD/USD | +0.093% | L +0.0003% / S −0.0003% | 1h | $55K | — | 150x | as long as short |
| SunX WLD-USDT | +0.116% | +0.0100% | 8h | $22K | $1.4M | 50x | as long as short |
| Kraken Futures PF_WLDUSD | +0.134% | +0.0171% | 1h | $881K | $2.3M | 50x | as long as short |
| Lighter WLD | +0.154% | +0.0096% | 1h | $4.6M | $1.2M | 10x | as long as short |
| Variational Omni WLD | +0.439% | −0.0245% | 8h | $2.0M | $1.4M | — | as long as short |
| Phoenix WLD | +0.638% | −0.0091% | 1h | $2K | $50K | 10x | as long as short |
| edgeX WLDUSDC | +0.670% | +0.0100% | 4h | $26K | $314K | 20x | as long as short |
| ApeX Omni WLDUSDT | +0.698% | +0.0100% | 1h | $62K | $221K | 50x | as long as short |
| Injective WLD/USDC PERP | +1.420% | +0.0217% | 1h | $6K | $195 | 5.5x | as long as short |