Spread before costs (cost unknown: a leg has no order-book sample)+0.262%
7d average—if it closes, per $10,000$26funding while held, a day+$1.24
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado WLD-PERP | 0.4319 | −0.0060 | get 0.0008% / 1h | 26m 13s | $338K | $160K | 5x |
| Short | Phoenix WLD | 0.4330 | −0.0019 | pay 0.0002% / 1h | 26m 13s | $2K | $48K | 10x |
Nado WLD-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
- $26.17
- Funding while held
- $1.24
- Slippage, 4 orders
- no order book: not counted
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- $13.41
- Spread needed to break even
- 0.140%
Slippage unknown: Nado: live order book, 8 min ago; Phoenix: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0041%
- Per $10,000 a day
- +$1.24
- 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, 8 min ago | 7.51 bp | 11.2 bp −$11 | 28.8 bp −$288 | 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 price on every exchange
against the cheapest. Click to use as the short leg.Nado0.4319cheapest
Reya0.4319+0.004%MEXC0.4319+0.012%Bybit0.4320+0.035%OKX0.4320+0.035%Gate0.4320+0.035%KuCoin0.4320+0.035%BingX0.4320+0.035%Hyperliquid0.4321+0.053%Extended0.4321+0.055%Bitget0.4321+0.058%Polymarket Perps0.4322+0.074%GMX0.4322+0.076%01 Exchange0.4322+0.076%Binance0.4322+0.081%Orderly0.4322+0.081%SoDEX0.4322+0.081%Phemex0.4322+0.081%BloFin0.4322+0.081%gTrade (Gains Network)0.4323+0.101%Aevo0.4323+0.103%Pacifica0.4323+0.104%Kalshi0.4323+0.104%Deribit0.4323+0.104%Aster0.4324+0.126%dYdX0.4325+0.139%HTX0.4325+0.151%Variational Omni0.4326+0.167%SunX0.4326+0.174%edgeX0.4328+0.215%Kraken Futures0.4328+0.218%ApeX Omni0.4328+0.220%Lighter0.4328+0.227%Backpack0.4329+0.236%
Reya
MEXC
Bybit
OKX
Gate
KuCoin
BingX
Hyperliquid
Extended
Bitget
Polymarket Perps
GMX
Binance
Orderly
SoDEX
Phemex
BloFin
gTrade (Gains Network)
Aevo
Pacifica
Deribit
Aster
dYdX
HTX
Variational Omni
SunX
Kraken Futures
ApeX Omni
Lighter
BackpackPhoenix0.4330+0.262%
Coinbase International0.4330+0.266%Injective0.4337+0.428%
Coinbase International
InjectiveWLD on 37 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Nado WLD-PERPlong | 0.000% | −0.0060% | 1h | $338K | $160K | 5x | |
| Reya WLDRUSDPERP | +0.004% | +0.0134% | 1h | — | — | 20x | as long as short |
| MEXC WLD_USDT | +0.012% | −0.0044% | 8h | $41.4M | $42.3M | 300x | as long as short |
| Bybit WLDUSDT | +0.035% | −0.0186% | 8h | $61.6M | $69.3M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.035% | −0.0012% | 8h | $32.7M | $122.5M | 50x | as long as short |
| Gate WLD_USDT | +0.035% | +0.0036% | 8h | $7.2M | $32.3M | 75x | as long as short |
| KuCoin WLDUSDTM | +0.035% | −0.0019% | 8h | $7.2M | $10.1M | 50x | as long as short |
| BingX WLD-USDT | +0.035% | +0.0100% | 8h | — | $68.0M | — | as long as short |
| Hyperliquid WLD | +0.053% | +0.0100% | 1h | $43.3M | $36.7M | 10x | as long as short |
| Extended WLD-USD | +0.055% | +0.0096% | 1h | $147K | $554K | 10x | as long as short |
Show all 37 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bitget WLDUSDT | +0.058% | +0.0100% | 8h | $28.2M | $23.9M | 75x | as long as short |
| Polymarket Perps WLD-USD | +0.074% | +0.0100% | 1h | $49K | $1.9M | 10x | as long as short |
| GMX WLD/USD [ETH-USDC] | +0.076% | L +0.0205% / S −0.1501% | 1h | $7K | — | 100x | as long as short |
| 01 Exchange WLDUSD | +0.076% | 0.0000% | 1h | $309 | $77 | 5x | as long as short |
| Binance WLDUSDT | +0.081% | −0.0043% | 8h | $77.6M | $262.2M | 75x | as long as short |
| Orderly PERP_WLD_USDC | +0.081% | −0.0028% | 8h | $27K | $931K | 10x | as long as short |
| SoDEX WLD-USD | +0.081% | +0.0100% | 1h | $187 | $5K | 10x | as long as short |
| Phemex WLDUSDT | +0.081% | +0.0100% | 8h | $1.8M | $3.8M | 50x | as long as short |
| BloFin WLD-USDT | +0.081% | +0.0075% | 8h | $4.6M | $961K | 75x | as long as short |
| gTrade (Gains Network) WLD/USD | +0.101% | L +0.0003% / S −0.0003% | 1h | $56K | — | 150x | as long as short |
| Aevo WLD-PERP | +0.103% | +0.0072% | 1h | $29K | $5K | 3x | as long as short |
| Pacifica WLD | +0.104% | +0.0100% | 1h | $58K | $482K | 5x | as long as short |
| Kalshi KXWLDPERP | +0.104% | −0.0122% | 8h | $105K | $3.6M | 1.7x | as long as short |
| Deribit WLD_USDC-PERPETUAL | +0.104% | 0.0000% | 1h | $122K | $777K | 25x | as long as short |
| Aster WLDUSDT | +0.126% | +0.0100% | 8h | $222K | $917K | 50x | as long as short |
| dYdX WLD-USD | +0.139% | +0.0005% | 1h | $149K | $4K | 10x | as long as short |
| HTX WLD-USDT | +0.151% | +0.0100% | 8h | $802K | $1.7M | 50x | as long as short |
| Variational Omni WLD | +0.167% | −0.0226% | 8h | $2.0M | $1.4M | — | as long as short |
| SunX WLD-USDT | +0.174% | +0.0100% | 8h | $21K | $1.4M | 50x | as long as short |
| edgeX WLDUSDC | +0.215% | +0.0100% | 4h | $26K | $313K | 20x | as long as short |
| Kraken Futures PF_WLDUSD | +0.218% | +0.0339% | 1h | $875K | $2.3M | 50x | as long as short |
| ApeX Omni WLDUSDT | +0.220% | +0.0100% | 1h | $62K | $222K | 50x | as long as short |
| Lighter WLD | +0.227% | +0.0096% | 1h | $4.7M | $1.2M | 10x | as long as short |
| Backpack WLD_USDC_PERP | +0.236% | −0.0270% | 1h | $127K | $285K | 10x | as long as short |
| Phoenix WLDshort | +0.262% | −0.0019% | 1h | $2K | $48K | 10x | |
| Coinbase International WLD-PERP-INTX | +0.266% | +0.0344% | 1h | $262K | $1.5M | 50x | as long as short |
| Injective WLD/USDC PERP | +0.428% | +0.0070% | 1h | $6K | $194 | 5.5x | as long as short |