After costs, if the gap returns to its 7d average, $10k−$72
spread now−0.114%7d average−0.065%fees + slippage, in and out−$67spread needed0.666%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International WLD-PERP-INTX | 0.4371 | 0.0296 | pay 0.0037% / 1h | 34m 25s | $264K | $1.5M | 50x |
| Short | Gate WLD_USDT | 0.4366 | −0.0121 | pay 0.0121% / 8h | 6h 34m | $7.2M | $32.0M | 75x |
Price 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
- −$11.44
- Funding while held
- −$12.51
- Slippage, 4 orders
- −$41.6
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$90.55
- Spread needed to break even
- 0.666%
Slippage from Coinbase International: live order book, 1 min ago; Gate: live order book, 1 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0417%
- Per $10,000 a day
- −$12.51
- 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 Coinbase International live order book, 1 min ago | 4.57 bp | 19.2 bp −$19 | 28.5 bp −$285 | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 min ago | 2.29 bp | 13.5 bp −$14 | 38.0 bp −$380 | 60.4 bp −$6,037 | 128.5 bp −$64.2K |
WLD price on every exchange
against the cheapest. Click to use as the short leg.WLD on 37 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni WLD | −0.416% | −0.0216% | 8h | $2.0M | $1.6M | — | as long as short |
| ApeX Omni WLDUSDT | −0.366% | +0.0100% | 1h | $62K | $220K | 50x | as long as short |
| Reya WLDRUSDPERP | −0.315% | +0.0134% | 1h | — | — | 20x | as long as short |
| edgeX WLDUSDC | −0.307% | +0.0100% | 4h | $26K | $314K | 20x | as long as short |
| Phoenix WLD | −0.286% | −0.0091% | 1h | $2K | $50K | 10x | as long as short |
| Bybit WLDUSDT | −0.275% | −0.0265% | 8h | $62.3M | $69.7M | 50x | as long as short |
| OKX WLD-USDT-SWAP | −0.275% | −0.0033% | 8h | $33.3M | $124.7M | 50x | as long as short |
| Bitget WLDUSDT | −0.229% | +0.0078% | 8h | $28.4M | $24.0M | 75x | as long as short |
| Extended WLD-USD | −0.218% | +0.0064% | 1h | $149K | $575K | 10x | as long as short |
| BingX WLD-USDT | −0.206% | +0.0075% | 8h | — | $68.1M | — | as long as short |
Show all 37 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Hyperliquid WLD | −0.188% | +0.0100% | 1h | $44.3M | $36.0M | 10x | as long as short |
| Binance WLDUSDT | −0.186% | −0.0057% | 8h | $78.8M | $261.4M | 75x | as long as short |
| Polymarket Perps WLD-USD | −0.181% | +0.0100% | 1h | $40K | $1.8M | 10x | as long as short |
| BloFin WLD-USDT | −0.160% | +0.0061% | 8h | $4.8M | $990K | 75x | as long as short |
| MEXC WLD_USDT | −0.137% | −0.0059% | 8h | $42.7M | $43.1M | 300x | as long as short |
| Kalshi KXWLDPERP | −0.137% | −0.0165% | 8h | $82K | $3.5M | 1.7x | as long as short |
| Nado WLD-PERP | −0.126% | −0.0054% | 1h | $341K | $171K | 5x | as long as short |
| 01 Exchange WLDUSD | −0.117% | 0.0000% | 1h | $312 | $77 | 5x | as long as short |
| Pacifica WLD | −0.114% | +0.0100% | 1h | $62K | $482K | 5x | as long as short |
| Gate WLD_USDTshort | −0.114% | −0.0121% | 8h | $7.2M | $32.0M | 75x | |
| Injective WLD/USDC PERP | −0.114% | +0.0217% | 1h | $6K | $194 | 5.5x | as long as short |
| KuCoin WLDUSDTM | −0.092% | −0.0035% | 8h | $7.1M | $10.2M | 50x | as long as short |
| SoDEX WLD-USD | −0.092% | +0.0100% | 1h | $190 | $5K | 10x | as long as short |
| Orderly PERP_WLD_USDC | −0.069% | −0.0040% | 8h | $27K | $937K | 10x | as long as short |
| HTX WLD-USDT | −0.069% | +0.0100% | 8h | $812K | $1.6M | 50x | as long as short |
| Backpack WLD_USDC_PERP | −0.043% | +0.0098% | 1h | $130K | $291K | 10x | as long as short |
| Aevo WLD-PERP | −0.034% | +0.0064% | 1h | $30K | $5K | 3x | as long as short |
| dYdX WLD-USD | −0.029% | +0.0004% | 1h | $150K | $4K | 10x | as long as short |
| Aster WLDUSDT | −0.025% | +0.0100% | 8h | $228K | $928K | 50x | as long as short |
| Phemex WLDUSDT | −0.023% | +0.0100% | 8h | $1.8M | $3.8M | 50x | as long as short |
| gTrade (Gains Network) WLD/USD | −0.001% | L +0.0003% / S −0.0003% | 1h | $56K | — | 150x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.000% | 0.0000% | 1h | $111K | $770K | 25x | as long as short |
| Coinbase International WLD-PERP-INTXlong | 0.000% | +0.0296% | 1h | $264K | $1.5M | 50x | |
| GMX WLD/USD [ETH-USDC] | +0.011% | L +0.0186% / S −0.1014% | 1h | $5K | — | 100x | as long as short |
| SunX WLD-USDT | +0.046% | +0.0100% | 8h | $22K | $1.4M | 50x | as long as short |
| Kraken Futures PF_WLDUSD | +0.058% | +0.0169% | 1h | $885K | $2.3M | 50x | as long as short |
| Lighter WLD | +0.059% | +0.0096% | 1h | $4.7M | $1.2M | 10x | as long as short |
Coinbase International WLD-PERP-INTX
Gate WLD_USDT
Variational Omni
ApeX Omni
Phoenix
Bybit
OKX
Bitget
Extended
BingX
Hyperliquid
Binance
Polymarket Perps
BloFin
MEXC
Pacifica
Injective
KuCoin
SoDEX
HTX
Backpack
Aster
Phemex
gTrade (Gains Network)
Deribit
GMX
SunX
Kraken Futures
Lighter