Spread before costs (cost unknown: a leg has no order-book sample)+0.364%
7d average—if it closes, per $10,000$36funding while held, a day−$4.65
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective WLD/USDC PERP | 0.4396 | 0.0083 | pay 0.0010% / 1h | 6m 03s | $6K | $41K | 5.5x |
| Short | Phoenix WLD | 0.4412 | −0.0072 | pay 0.0009% / 1h | 6m 03s | $2K | $58K | 10x |
Injective WLD/USDC PERP
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
- $36.4
- Funding while held
- −$4.65
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- $24.72
- Spread needed to break even
- 0.070%
Slippage unknown: Injective: no order-book sample; Phoenix: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0155%
- Per $10,000 a day
- −$4.65
- 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 Injective no order-book sample | — | — | — | — | — |
| Sell Phoenix no order-book sample | — | — | — | — | — |
Injective and 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.Injective0.4396cheapest
Variational Omni0.4400+0.098%Coinbase International0.4401+0.114%edgeX0.4405+0.208%ApeX Omni0.4408+0.273%BloFin0.4409+0.296%
Variational Omni
Coinbase International
ApeX Omni
BloFinPhoenix0.4412+0.364%
Extended0.4417+0.470%OKX0.4417+0.478%SoDEX0.4417+0.478%Bybit0.4418+0.500%Bitget0.4418+0.500%Orderly0.4418+0.500%Binance0.4418+0.504%Gate0.4419+0.523%MEXC0.4419+0.523%KuCoin0.4419+0.523%BingX0.4419+0.523%Kalshi0.4419+0.523%Phemex0.4419+0.523%Nado0.4420+0.546%Deribit0.4420+0.546%Hyperliquid0.4420+0.557%Kraken Futures0.4421+0.569%Backpack0.4421+0.573%Reya0.4421+0.576%GMX0.4422+0.581%Aster0.4422+0.588%gTrade (Gains Network)0.4423+0.611%Pacifica0.4423+0.614%HTX0.4423+0.614%Aevo0.4424+0.626%Polymarket Perps0.4424+0.628%Lighter0.4424+0.635%dYdX0.4424+0.637%01 Exchange0.4425+0.657%SunX0.4428+0.728%
Extended
OKX
SoDEX
Bybit
Bitget
Orderly
Binance
Gate
MEXC
KuCoin
BingX
Phemex
Nado
Deribit
Hyperliquid
Kraken Futures
Backpack
Reya
GMX
Aster
gTrade (Gains Network)
Pacifica
HTX
Aevo
Polymarket Perps
Lighter
dYdX
SunXWLD on 37 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective WLD/USDC PERPlong | 0.000% | +0.0083% | 1h | $6K | $41K | 5.5x | |
| Variational Omni WLD | +0.098% | −0.0157% | 8h | $2.1M | $1.7M | — | as long as short |
| Coinbase International WLD-PERP-INTX | +0.114% | +0.0240% | 1h | $267K | $1.8M | 50x | as long as short |
| edgeX WLDUSDC | +0.208% | +0.0100% | 4h | $26K | $314K | 20x | as long as short |
| ApeX Omni WLDUSDT | +0.273% | +0.0100% | 1h | $63K | $221K | 50x | as long as short |
| BloFin WLD-USDT | +0.296% | +0.0078% | 8h | $4.9M | $1.2M | 75x | as long as short |
| Phoenix WLDshort | +0.364% | −0.0072% | 1h | $2K | $58K | 10x | |
| Extended WLD-USD | +0.470% | +0.0104% | 1h | $133K | $666K | 10x | as long as short |
| OKX WLD-USDT-SWAP | +0.478% | −0.0011% | 8h | $34.6M | $136.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.478% | +0.0100% | 1h | $192 | $5K | 10x | as long as short |
Show all 37 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit WLDUSDT | +0.500% | −0.0144% | 8h | $63.5M | $77.5M | 50x | as long as short |
| Bitget WLDUSDT | +0.500% | +0.0055% | 8h | $29.0M | $25.9M | 75x | as long as short |
| Orderly PERP_WLD_USDC | +0.500% | −0.0045% | 8h | $27K | $950K | 10x | as long as short |
| Binance WLDUSDT | +0.504% | −0.0041% | 8h | $80.9M | $282.5M | 75x | as long as short |
| Gate WLD_USDT | +0.523% | −0.0005% | 8h | $7.1M | $35.4M | 75x | as long as short |
| MEXC WLD_USDT | +0.523% | −0.0042% | 8h | $43.1M | $48.5M | 300x | as long as short |
| KuCoin WLDUSDTM | +0.523% | −0.0010% | 8h | $7.0M | $12.0M | 50x | as long as short |
| BingX WLD-USDC | +0.523% | +0.0051% | 8h | — | $1.3M | — | as long as short |
| Kalshi KXWLDPERP | +0.523% | −0.0156% | 8h | $90K | $3.4M | 1.7x | as long as short |
| Phemex WLDUSDT | +0.523% | +0.0100% | 8h | $1.8M | $3.9M | 50x | as long as short |
| Nado WLD-PERP | +0.546% | −0.0061% | 1h | $346K | $206K | 5x | as long as short |
| Deribit WLD_USDC-PERPETUAL | +0.546% | 0.0000% | 1h | $114K | $750K | 25x | as long as short |
| Hyperliquid WLD | +0.557% | +0.0100% | 1h | $45.2M | $39.8M | 10x | as long as short |
| Kraken Futures PF_WLDUSD | +0.569% | +0.0063% | 1h | $726K | $2.2M | 50x | as long as short |
| Backpack WLD_USDC_PERP | +0.573% | +0.0100% | 1h | $133K | $331K | 10x | as long as short |
| Reya WLDRUSDPERP | +0.576% | +0.0134% | 1h | — | — | 20x | as long as short |
| GMX WLD/USD [ETH-USDC] | +0.581% | L +0.0186% / S −0.1014% | 1h | $5K | — | 100x | as long as short |
| Aster WLDUSDT | +0.588% | +0.0091% | 8h | $214K | $993K | 50x | as long as short |
| gTrade (Gains Network) WLD/USD | +0.611% | L +0.0003% / S −0.0003% | 1h | $56K | — | 150x | as long as short |
| Pacifica WLD | +0.614% | +0.0100% | 1h | $60K | $524K | 5x | as long as short |
| HTX WLD-USDT | +0.614% | +0.0100% | 8h | $827K | $1.7M | 50x | as long as short |
| Aevo WLD-PERP | +0.626% | +0.0072% | 1h | $30K | $5K | 3x | as long as short |
| Polymarket Perps WLD-USD | +0.628% | +0.0100% | 1h | $55K | $1.8M | 10x | as long as short |
| Lighter WLD | +0.635% | +0.0096% | 1h | $4.8M | $1.2M | 10x | as long as short |
| dYdX WLD-USD | +0.637% | +0.0022% | 1h | $152K | $5K | 10x | as long as short |
| 01 Exchange WLDUSD | +0.657% | −0.0032% | 1h | $317 | $669 | 5x | as long as short |
| SunX WLD-USDT | +0.728% | +0.0100% | 8h | $22K | $1.5M | 50x | as long as short |