Funding you earn now, next payment 23:00 UTC+0.0084%/8h= +9.2% APRpaid last 24h −0.012%
Price spread now: Phoenix against KuCoin+0.015%108s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.037%−$4 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate. The two prices were read 108 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin WLDUSDTM | 0.4637 | 0.0020 | pay 0.0020% / 8h | 45m 39s | $7.1M | $10.9M | 50x |
| Short | Phoenix WLD | 0.4638 | 0.0104 | get 0.0013% / 1h | 45m 39s | $5K | $53K | 10x |
KuCoin WLDUSDTM
Phoenix WLDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against KuCoin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $17.66
- Price spread: +0.015% → 0.000%
- $1.51
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- $0.17
- Costs to cover
- 0.190%
- Break-even
- 6.9 days
Slippage unknown: KuCoin: live order book, 3 min ago; Phoenix: no order-book sample. Net counts fees only.
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 KuCoin live order book, 3 min ago | 2.16 bp | 26.8 bp −$27 | 62.0 bp −$620 | doesn't fit | 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 on 38 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kalshi KXWLDPERP | −0.0231% | 8h | 0.4648 | +0.237% | $34K | $3.8M | 1.7x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4633 | −0.079% | $165K | $13K | 10x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4654 | +0.370% | $58K | — | 150x | as long as short |
| Orderly PERP_WLD_USDC | +0.0014% | 8h | 0.4653 | +0.345% | $28K | $909K | 10x | as long as short |
| KuCoin WLDUSDTMlong | +0.0020% | 8h | 0.4637 | long leg | $7.1M | $10.9M | 50x | |
| Nado WLD-PERP | +0.0066% | 1h | 0.4644 | +0.162% | $280K | $169K | 5x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4641 | +0.089% | $192K | $1.0M | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4637 | +0.002% | $53K | $483K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4636 | −0.032% | $87.9M | $299.6M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4633 | −0.086% | $66.3M | $82.5M | 50x | as long as short |
Kalshi KXWLDPERP
dYdX WLD-USD
gTrade (Gains Network) WLD/USD
Orderly PERP_WLD_USDC
Nado WLD-PERP
Aster WLDUSDT
Pacifica WLD
Binance WLDUSDT
Bybit WLDUSDTShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4632 | −0.108% | $34.6M | $143.8M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4636 | −0.022% | $7.5M | $35.3M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4634 | −0.065% | $50.5M | $51.8M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4632 | −0.108% | $30.6M | $25.7M | 75x | as long as short |
| BingX WLD-USDT | +0.0100% | 8h | 0.4634 | −0.065% | — | $67.0M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4653 | +0.341% | $130K | $270K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4627 | −0.217% | $2.1M | $1.6M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4628 | −0.183% | $27K | $317K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4637 | −0.006% | $626K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4637 | 0.000% | $56K | $228K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4649 | +0.257% | $43K | $1.6M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4654 | +0.367% | $23K | $1.5M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4655 | +0.388% | $209 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4644 | +0.151% | $865K | $1.8M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4652 | +0.323% | $1.8M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4631 | −0.126% | $238K | $859K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4656 | +0.409% | $32K | $5K | 3x | as long as short |
| Phoenix WLDshort | +0.0104% | 1h | 0.4638 | +0.015% | $5K | $53K | 10x | |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4645 | +0.170% | — | — | 20x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4626 | −0.237% | $4.9M | $830K | 75x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0229% / S −0.1268% | 1h | 0.4654 | +0.372% | $5K | — | 100x | as long as short |
| 01 Exchange WLDUSD | +0.0304% | 1h | 0.4651 | +0.293% | $333 | $77 | 5x | as long as short |
| Injective WLD/USDC PERP | +0.0373% | 1h | 0.4612 | −0.539% | $6K | $185K | 5.5x | as long as short |
| Deribit WLD_USDC-PERPETUAL | +0.0395% | 1h | 0.4657 | +0.431% | $113K | $883K | 25x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0440% | 1h | 0.4646 | +0.194% | $276K | $1.7M | 50x | as long as short |
| Hyperliquid WLD | +0.0660% | 1h | 0.4645 | +0.170% | $50.6M | $43.0M | 10x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0706% | 1h | 0.4657 | +0.438% | $927K | $2.6M | 50x | as long as short |
| Lighter WLD | +0.1728% | 1h | 0.4648 | +0.229% | $5.3M | $2.0M | 10x | as long as short |
OKX WLD-USDT-SWAP
Gate WLD_USDT
MEXC WLD_USDT
Bitget WLDUSDT
BingX WLD-USDT
Backpack WLD_USDC_PERP
Variational Omni WLD
edgeX WLDUSDC
GRVT WLD_USDT_Perp
ApeX Omni WLDUSDT
Polymarket Perps WLD-USD
SunX WLD-USDT
SoDEX WLD-USD
HTX WLD-USDT
Phemex WLDUSDT
Extended WLD-USD
Aevo WLD-PERP
Reya WLDRUSDPERP
BloFin WLD-USDT
GMX WLD/USD [ETH-USDC]
01 Exchange WLDUSD
Injective WLD/USDC PERP
Deribit WLD_USDC-PERPETUAL
Coinbase International WLD-PERP-INTX
Hyperliquid WLD
Kraken Futures PF_WLDUSD
Lighter WLD