Spread before costs (cost unknown: a leg has no order-book sample)+0.071%
7d average—if it closes, per $10,000$7funding while held, a day−$2.81
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX WLD-USD | 0.4420 | 0.0021 | pay 0.0003% / 1h | 3m 20s | $152K | $5K | 10x |
| Short | Phoenix WLD | 0.4423 | −0.0072 | pay 0.0009% / 1h | 3m 20s | $2K | $58K | 10x |
dYdX WLD-USD
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
- $7.11
- Funding while held
- −$2.81
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$12.69
- Spread needed to break even
- 0.170%
Slippage unknown: dYdX: live order book, 47 min ago; Phoenix: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0094%
- Per $10,000 a day
- −$2.81
- 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 dYdX live order book, 47 min ago | 62.46 bp | 67.5 bp −$67 | 114.8 bp −$1,148 | 137.0 bp −$13.7K | 305.8 bp −$152.9K |
| 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.Injective0.4396cheapestCoinbase International0.4401+0.114%Bitget0.4410+0.318%Extended0.4410+0.324%Bybit0.4411+0.341%ApeX Omni0.4411+0.341%OKX0.4412+0.364%Reya0.4413+0.386%Gate0.4413+0.387%BingX0.4413+0.387%Orderly0.4413+0.387%Binance0.4414+0.402%Aevo0.4414+0.406%Deribit0.4414+0.409%Nado0.4415+0.432%Phemex0.4415+0.432%Kraken Futures0.4415+0.435%Polymarket Perps0.4415+0.437%GMX0.4416+0.451%MEXC0.4416+0.455%KuCoin0.4416+0.455%01 Exchange0.4417+0.469%gTrade (Gains Network)0.4417+0.475%Hyperliquid0.4417+0.478%Kalshi0.4417+0.478%SoDEX0.4417+0.478%Pacifica0.4418+0.500%edgeX0.4418+0.510%SunX0.4419+0.523%Variational Omni0.4419+0.530%Backpack0.4420+0.539%Aster0.4420+0.544%
Injective
Coinbase International
Bitget
Extended
Bybit
ApeX Omni
OKX
Reya
Gate
BingX
Orderly
Binance
Aevo
Deribit
Nado
Phemex
Kraken Futures
Polymarket Perps
GMX
MEXC
KuCoin
gTrade (Gains Network)
Hyperliquid
SoDEX
Pacifica
SunX
Variational Omni
Backpack
AsterdYdX0.4420+0.545%
BloFin0.4421+0.569%HTX0.4423+0.614%
BloFin
HTXPhoenix0.4423+0.616%
Lighter0.4424+0.639%
LighterWLD on 37 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective WLD/USDC PERP | −0.542% | +0.0083% | 1h | $6K | $41K | 5.5x | as long as short |
| Coinbase International WLD-PERP-INTX | −0.429% | +0.0240% | 1h | $267K | $1.7M | 50x | as long as short |
| Bitget WLDUSDT | −0.225% | +0.0053% | 8h | $29.0M | $25.9M | 75x | as long as short |
| Extended WLD-USD | −0.219% | +0.0104% | 1h | $133K | $666K | 10x | as long as short |
| Bybit WLDUSDT | −0.203% | −0.0148% | 8h | $63.4M | $77.4M | 50x | as long as short |
| ApeX Omni WLDUSDT | −0.203% | +0.0100% | 1h | $63K | $221K | 50x | as long as short |
| OKX WLD-USDT-SWAP | −0.180% | −0.0013% | 8h | $34.5M | $136.1M | 50x | as long as short |
| Reya WLDRUSDPERP | −0.158% | +0.0134% | 1h | — | — | 20x | as long as short |
| Gate WLD_USDT | −0.157% | −0.0009% | 8h | $7.1M | $35.4M | 75x | as long as short |
| BingX WLD-USDC | −0.157% | +0.0054% | 8h | — | $1.3M | — | as long as short |
Show all 37 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Orderly PERP_WLD_USDC | −0.157% | −0.0047% | 8h | $27K | $950K | 10x | as long as short |
| Binance WLDUSDT | −0.143% | −0.0042% | 8h | $80.8M | $281.7M | 75x | as long as short |
| Aevo WLD-PERP | −0.138% | +0.0072% | 1h | $30K | $5K | 3x | as long as short |
| Deribit WLD_USDC-PERPETUAL | −0.135% | 0.0000% | 1h | $114K | $734K | 25x | as long as short |
| Nado WLD-PERP | −0.112% | −0.0060% | 1h | $346K | $206K | 5x | as long as short |
| Phemex WLDUSDT | −0.112% | +0.0100% | 8h | $1.8M | $3.9M | 50x | as long as short |
| Kraken Futures PF_WLDUSD | −0.109% | +0.0063% | 1h | $726K | $2.2M | 50x | as long as short |
| Polymarket Perps WLD-USD | −0.108% | +0.0100% | 1h | $55K | $1.8M | 10x | as long as short |
| GMX WLD/USD [ETH-USDC] | −0.093% | L +0.0186% / S −0.1014% | 1h | $5K | — | 100x | as long as short |
| MEXC WLD_USDT | −0.089% | −0.0040% | 8h | $43.0M | $48.5M | 300x | as long as short |
| KuCoin WLDUSDTM | −0.089% | −0.0013% | 8h | $7.0M | $12.0M | 50x | as long as short |
| 01 Exchange WLDUSD | −0.076% | −0.0032% | 1h | $316 | $77 | 5x | as long as short |
| gTrade (Gains Network) WLD/USD | −0.070% | L +0.0003% / S −0.0003% | 1h | $56K | — | 150x | as long as short |
| Hyperliquid WLD | −0.067% | +0.0100% | 1h | $45.2M | $39.8M | 10x | as long as short |
| Kalshi KXWLDPERP | −0.067% | −0.0155% | 8h | $90K | $3.4M | 1.7x | as long as short |
| SoDEX WLD-USD | −0.067% | +0.0100% | 1h | $191 | $5K | 10x | as long as short |
| Pacifica WLD | −0.044% | +0.0100% | 1h | $60K | $524K | 5x | as long as short |
| edgeX WLDUSDC | −0.035% | +0.0100% | 4h | $26K | $315K | 20x | as long as short |
| SunX WLD-USDT | −0.022% | +0.0100% | 8h | $22K | $1.5M | 50x | as long as short |
| Variational Omni WLD | −0.015% | −0.0161% | 8h | $2.1M | $1.7M | — | as long as short |
| Backpack WLD_USDC_PERP | −0.006% | +0.0100% | 1h | $133K | $331K | 10x | as long as short |
| Aster WLDUSDT | −0.001% | +0.0096% | 8h | $214K | $1.0M | 50x | as long as short |
| dYdX WLD-USDlong | 0.000% | +0.0021% | 1h | $152K | $5K | 10x | |
| BloFin WLD-USDT | +0.024% | +0.0079% | 8h | $4.9M | $1.2M | 75x | as long as short |
| HTX WLD-USDT | +0.069% | +0.0100% | 8h | $824K | $1.7M | 50x | as long as short |
| Phoenix WLDshort | +0.071% | −0.0072% | 1h | $2K | $58K | 10x | |
| Lighter WLD | +0.094% | +0.0096% | 1h | $4.8M | $1.2M | 10x | as long as short |