Spread before costs (cost unknown: a leg has no order-book sample)−0.002%
7d average—if it closes, per $10,000$0funding while held, a day−$0.95
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate WLD_USDT | 0.4347 | 0.0013 | pay 0.0013% / 8h | 5h 42m | $7.2M | $32.2M | 75x |
| Short | Phoenix WLD | 0.4347 | −0.0019 | pay 0.0002% / 1h | 42m 39s | $2K | $48K | 10x |
Gate 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
- −$0.23
- Funding while held
- −$0.95
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$23.18
- Spread needed to break even
- 0.220%
Slippage unknown: Gate: live order book, 3 min ago; Phoenix: 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 Gate live order book, 3 min ago | 1.15 bp | 12.2 bp −$12 | 35.1 bp −$351 | 58.1 bp −$5,814 | doesn't fit |
| 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.Injective0.4306cheapestBybit0.4345+0.906%ApeX Omni0.4345+0.906%Phemex0.4345+0.906%Variational Omni0.4346+0.920%OKX0.4346+0.929%HTX0.4346+0.929%Extended0.4346+0.939%
Injective
Bybit
ApeX Omni
Phemex
Variational Omni
OKX
HTX
ExtendedPhoenix0.4347+0.950%
Binance0.4347+0.952%
BinanceGate0.4347+0.952%
MEXC0.4347+0.952%KuCoin0.4347+0.952%Bitget0.4347+0.952%BingX0.4347+0.952%edgeX0.4348+0.975%Orderly0.4348+0.975%SoDEX0.4348+0.975%Pacifica0.4349+0.999%Reya0.4350+1.012%Deribit0.4350+1.022%BloFin0.4350+1.022%GMX0.4350+1.028%Backpack0.4350+1.031%Nado0.4350+1.033%Kalshi0.4351+1.045%gTrade (Gains Network)0.4351+1.045%Hyperliquid0.4351+1.047%Aevo0.4351+1.050%dYdX0.4352+1.069%01 Exchange0.4353+1.094%Kraken Futures0.4353+1.094%Aster0.4353+1.103%Polymarket Perps0.4354+1.103%Lighter0.4355+1.126%SunX0.4356+1.161%Coinbase International0.4361+1.277%
MEXC
KuCoin
Bitget
BingX
Orderly
SoDEX
Pacifica
Reya
Deribit
BloFin
GMX
Backpack
Nado
gTrade (Gains Network)
Hyperliquid
Aevo
dYdX
Kraken Futures
Aster
Polymarket Perps
Lighter
SunX
Coinbase InternationalWLD on 37 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective WLD/USDC PERP | −0.943% | +0.0070% | 1h | $5K | $193 | 5.5x | as long as short |
| Bybit WLDUSDT | −0.046% | −0.0226% | 8h | $61.8M | $69.3M | 50x | as long as short |
| ApeX Omni WLDUSDT | −0.046% | +0.0100% | 1h | $63K | $221K | 50x | as long as short |
| Phemex WLDUSDT | −0.046% | +0.0100% | 8h | $1.8M | $3.8M | 50x | as long as short |
| Variational Omni WLD | −0.032% | −0.0225% | 8h | $2.0M | $1.4M | — | as long as short |
| OKX WLD-USDT-SWAP | −0.023% | −0.0015% | 8h | $32.9M | $123.7M | 50x | as long as short |
| HTX WLD-USDT | −0.023% | +0.0100% | 8h | $806K | $1.7M | 50x | as long as short |
| Extended WLD-USD | −0.014% | +0.0088% | 1h | $148K | $554K | 10x | as long as short |
| Phoenix WLDshort | −0.002% | −0.0019% | 1h | $2K | $48K | 10x | |
| Binance WLDUSDT | 0.000% | −0.0045% | 8h | $78.1M | $262.4M | 75x | as long as short |
Show all 37 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate WLD_USDTlong | 0.000% | +0.0013% | 8h | $7.2M | $32.2M | 75x | |
| MEXC WLD_USDT | 0.000% | −0.0045% | 8h | $41.9M | $42.1M | 300x | as long as short |
| KuCoin WLDUSDTM | 0.000% | −0.0026% | 8h | $7.2M | $10.1M | 50x | as long as short |
| Bitget WLDUSDT | 0.000% | +0.0100% | 8h | $28.4M | $24.0M | 75x | as long as short |
| BingX WLD-USDC | 0.000% | +0.0100% | 8h | — | $1.3M | — | as long as short |
| edgeX WLDUSDC | +0.023% | +0.0100% | 4h | $26K | $316K | 20x | as long as short |
| Orderly PERP_WLD_USDC | +0.023% | −0.0027% | 8h | $27K | $933K | 10x | as long as short |
| SoDEX WLD-USD | +0.023% | +0.0100% | 1h | $187 | $5K | 10x | as long as short |
| Pacifica WLD | +0.046% | +0.0100% | 1h | $58K | $483K | 5x | as long as short |
| Reya WLDRUSDPERP | +0.060% | +0.0134% | 1h | — | — | 20x | as long as short |
| Deribit WLD_USDC-PERPETUAL | +0.069% | 0.0000% | 1h | $123K | $785K | 25x | as long as short |
| BloFin WLD-USDT | +0.069% | +0.0075% | 8h | $4.6M | $966K | 75x | as long as short |
| GMX WLD/USD [ETH-USDC] | +0.075% | L +0.0206% / S −0.1501% | 1h | $7K | — | 100x | as long as short |
| Backpack WLD_USDC_PERP | +0.078% | −0.0175% | 1h | $127K | $285K | 10x | as long as short |
| Nado WLD-PERP | +0.081% | −0.0079% | 1h | $340K | $160K | 5x | as long as short |
| Kalshi KXWLDPERP | +0.092% | −0.0127% | 8h | $105K | $3.6M | 1.7x | as long as short |
| gTrade (Gains Network) WLD/USD | +0.092% | L +0.0003% / S −0.0003% | 1h | $56K | — | 150x | as long as short |
| Hyperliquid WLD | +0.094% | +0.0100% | 1h | $43.7M | $36.8M | 10x | as long as short |
| Aevo WLD-PERP | +0.097% | +0.0072% | 1h | $30K | $5K | 3x | as long as short |
| dYdX WLD-USD | +0.116% | +0.0010% | 1h | $150K | $4K | 10x | as long as short |
| 01 Exchange WLDUSD | +0.140% | 0.0000% | 1h | $311 | $77 | 5x | as long as short |
| Kraken Futures PF_WLDUSD | +0.140% | +0.0337% | 1h | $879K | $2.4M | 50x | as long as short |
| Aster WLDUSDT | +0.149% | +0.0100% | 8h | $223K | $914K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.150% | +0.0100% | 1h | $49K | $1.9M | 10x | as long as short |
| Lighter WLD | +0.173% | +0.0096% | 1h | $4.7M | $1.2M | 10x | as long as short |
| SunX WLD-USDT | +0.207% | +0.0100% | 8h | $22K | $1.4M | 50x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.322% | +0.0344% | 1h | $264K | $1.5M | 50x | as long as short |