After costs, if the gap returns to its 7d average, $10k−$114
spread now−0.079%7d average+0.032%fees + slippage, in and out−$103spread needed1.029%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado WLD-PERP | 0.4437 | 0.0011 | pay 0.0001% / 1h | 33m 19s | $349K | $187K | 5x |
| Short | Phemex WLDUSDT | 0.4434 | 0.0100 | get 0.0100% / 8h | 1h 33m | $1.8M | $3.9M | 50x |
Nado WLD-PERP
Phemex WLDUSDTPrice 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
- −$7.89
- Funding while held
- $2.67
- Slippage, 4 orders
- −$83.86
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$108.08
- Spread needed to break even
- 1.029%
Slippage from Nado: live order book, 21 min ago; Phemex: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0089%
- Per $10,000 a day
- +$2.67
- 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 Nado live order book, 21 min ago | 6.56 bp | 18.0 bp −$18 | 48.8 bp −$488 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 2 min ago | 4.52 bp | 38.3 bp −$38 | doesn't fit | doesn't fit | doesn't fit |
WLD price on every exchange
against the cheapest. Click to use as the short leg.Injective0.4403cheapestPhoenix0.4408+0.104%Variational Omni0.4410+0.169%edgeX0.4424+0.469%ApeX Omni0.4428+0.568%Backpack0.4429+0.595%Extended0.4432+0.657%OKX0.4433+0.681%Bitget0.4433+0.681%Bybit0.4434+0.704%
Injective
Phoenix
Variational Omni
ApeX Omni
Backpack
Extended
OKX
Bitget
BybitPhemex0.4434+0.704%
Binance0.4435+0.727%MEXC0.4435+0.727%Orderly0.4435+0.727%SoDEX0.4435+0.727%dYdX0.4435+0.731%Aevo0.4435+0.733%Reya0.4436+0.749%Pacifica0.4436+0.749%BingX0.4436+0.749%Deribit0.4436+0.749%Kraken Futures0.4437+0.764%BloFin0.4437+0.772%gTrade (Gains Network)0.4437+0.782%
Binance
MEXC
Orderly
SoDEX
dYdX
Aevo
Reya
Pacifica
BingX
Deribit
Kraken Futures
BloFin
gTrade (Gains Network)Nado0.4437+0.784%
GMX0.4438+0.792%Polymarket Perps0.4438+0.799%Aster0.4439+0.824%Gate0.4440+0.840%Hyperliquid0.4441+0.852%KuCoin0.4441+0.863%Kalshi0.4441+0.863%SunX0.4441+0.863%Coinbase International0.4441+0.863%Lighter0.4443+0.899%HTX0.4445+0.954%
GMX
Polymarket Perps
Aster
Gate
Hyperliquid
KuCoin
SunX
Coinbase International
Lighter
HTXWLD on 36 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective WLD/USDC PERP | −0.777% | +0.0449% | 1h | $6K | $41K | 5.5x | as long as short |
| Phoenix WLD | −0.674% | +0.0018% | 1h | $2K | $56K | 10x | as long as short |
| Variational Omni WLD | −0.610% | −0.0069% | 8h | $2.1M | $1.7M | — | as long as short |
| edgeX WLDUSDC | −0.313% | +0.0100% | 4h | $26K | $315K | 20x | as long as short |
| ApeX Omni WLDUSDT | −0.214% | +0.0100% | 1h | $58K | $219K | 50x | as long as short |
| Backpack WLD_USDC_PERP | −0.187% | +0.0100% | 1h | $132K | $318K | 10x | as long as short |
| Extended WLD-USD | −0.125% | +0.0104% | 1h | $128K | $658K | 10x | as long as short |
| OKX WLD-USDT-SWAP | −0.101% | −0.0011% | 8h | $33.7M | $131.8M | 50x | as long as short |
| Bitget WLDUSDT | −0.101% | +0.0057% | 8h | $29.1M | $25.1M | 75x | as long as short |
| Bybit WLDUSDT | −0.079% | −0.0081% | 8h | $63.8M | $75.2M | 50x | as long as short |
Show all 36 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Phemex WLDUSDTshort | −0.079% | +0.0100% | 8h | $1.8M | $3.9M | 50x | |
| Binance WLDUSDT | −0.056% | −0.0033% | 8h | $81.7M | $271.3M | 75x | as long as short |
| MEXC WLD_USDT | −0.056% | −0.0033% | 8h | $41.7M | $46.7M | 300x | as long as short |
| Orderly PERP_WLD_USDC | −0.056% | −0.0026% | 8h | $28K | $958K | 10x | as long as short |
| SoDEX WLD-USD | −0.056% | +0.0100% | 1h | $196 | $5K | 10x | as long as short |
| dYdX WLD-USD | −0.053% | +0.0072% | 1h | $153K | $5K | 10x | as long as short |
| Aevo WLD-PERP | −0.050% | +0.0072% | 1h | $30K | $5K | 3x | as long as short |
| Reya WLDRUSDPERP | −0.035% | +0.0134% | 1h | — | — | 20x | as long as short |
| Pacifica WLD | −0.034% | +0.0100% | 1h | $74K | $493K | 5x | as long as short |
| BingX WLD-USDT | −0.034% | +0.0060% | 8h | — | $68.6M | — | as long as short |
| Deribit WLD_USDC-PERPETUAL | −0.034% | 0.0000% | 1h | $124K | $762K | 25x | as long as short |
| Kraken Futures PF_WLDUSD | −0.020% | −0.0032% | 1h | $762K | $1.9M | 50x | as long as short |
| BloFin WLD-USDT | −0.011% | +0.0087% | 8h | $4.9M | $1.2M | 75x | as long as short |
| gTrade (Gains Network) WLD/USD | −0.001% | L +0.0003% / S −0.0003% | 1h | $70K | — | 150x | as long as short |
| Nado WLD-PERPlong | 0.000% | +0.0011% | 1h | $349K | $187K | 5x | |
| GMX WLD/USD [ETH-USDC] | +0.008% | L +0.0187% / S −0.1014% | 1h | $5K | — | 100x | as long as short |
| Polymarket Perps WLD-USD | +0.016% | +0.0100% | 1h | $50K | $1.7M | 10x | as long as short |
| Aster WLDUSDT | +0.040% | +0.0039% | 8h | $353K | $785K | 50x | as long as short |
| Gate WLD_USDT | +0.056% | +0.0026% | 8h | $7.1M | $34.0M | 75x | as long as short |
| Hyperliquid WLD | +0.068% | +0.0100% | 1h | $46.4M | $39.1M | 10x | as long as short |
| KuCoin WLDUSDTM | +0.079% | +0.0030% | 8h | $6.9M | $12.1M | 50x | as long as short |
| Kalshi KXWLDPERP | +0.079% | −0.0204% | 8h | $46K | $3.0M | 1.7x | as long as short |
| SunX WLD-USDT | +0.079% | +0.0100% | 8h | $22K | $1.4M | 50x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.079% | +0.0264% | 1h | $271K | $1.8M | 50x | as long as short |
| Lighter WLD | +0.115% | +0.0096% | 1h | $4.8M | $1.1M | 10x | as long as short |
| HTX WLD-USDT | +0.169% | +0.0100% | 8h | $816K | $1.6M | 50x | as long as short |