After costs, if the gap returns to its 7d average, $10k−$96
spread now0.000%7d average+0.026%fees + slippage, in and out−$93spread needed0.931%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex WLDUSDT | 0.4355 | 0.0100 | pay 0.0100% / 8h | 6h 13m | $1.8M | $3.8M | 50x |
| Short | Deribit WLD_USDC-PERPETUAL | 0.4355 | 0 | get 0.0000% / 1h | 13m 57s | $111K | $775K | 25x |
Phemex WLDUSDT
Deribit WLD_USDC-PERPETUALPrice 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
- Funding while held
- −$3
- Slippage, 4 orders
- −$74.1
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$96.1
- Spread needed to break even
- 0.931%
Slippage from Phemex: live order book, 6 min ago; Deribit: live order book, 26 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0100%
- Per $10,000 a day
- −$3.00
- 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 Phemex live order book, 6 min ago | 4.59 bp | 41.2 bp −$41 | doesn't fit | doesn't fit | doesn't fit |
| Sell Deribit live order book, 26 min ago | 4.60 bp | 8.1 bp −$8 | 15.2 bp −$152 | doesn't fit | doesn't fit |
WLD price on every exchange
against the cheapest. Click to use as the short leg.BingX0.4351cheapestSoDEX0.4351cheapestBinance0.4352+0.023%Bybit0.4352+0.023%OKX0.4353+0.046%MEXC0.4353+0.046%KuCoin0.4353+0.046%Bitget0.4353+0.046%Nado0.4353+0.052%Extended0.4354+0.059%Reya0.4354+0.065%Gate0.4354+0.069%Aevo0.4354+0.080%Kalshi0.4355+0.092%Orderly0.4355+0.092%
BingX
SoDEX
Binance
Bybit
OKX
MEXC
KuCoin
Bitget
Nado
Extended
Reya
Gate
Aevo
OrderlyDeribit0.4355+0.092%
Phemex0.4355+0.092%
Hyperliquid0.4355+0.099%Kraken Futures0.4356+0.109%Pacifica0.4356+0.115%BloFin0.4356+0.115%Backpack0.4356+0.120%01 Exchange0.4357+0.129%Polymarket Perps0.4357+0.129%Aster0.4357+0.135%GMX0.4357+0.137%Coinbase International0.4357+0.138%gTrade (Gains Network)0.4357+0.140%Variational Omni0.4358+0.158%Injective0.4358+0.161%SunX0.4359+0.184%edgeX0.4360+0.208%dYdX0.4360+0.215%Phoenix0.4360+0.216%Lighter0.4361+0.221%ApeX Omni0.4361+0.230%HTX0.4361+0.230%
Hyperliquid
Kraken Futures
Pacifica
BloFin
Backpack
Polymarket Perps
Aster
GMX
Coinbase International
gTrade (Gains Network)
Variational Omni
Injective
SunX
dYdX
Phoenix
Lighter
ApeX Omni
HTXWLD on 37 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BingX WLD-USDT | −0.092% | +0.0093% | 8h | — | $67.8M | — | as long as short |
| SoDEX WLD-USD | −0.092% | +0.0100% | 1h | $189 | $5K | 10x | as long as short |
| Binance WLDUSDT | −0.069% | −0.0059% | 8h | $78.8M | $259.2M | 75x | as long as short |
| Bybit WLDUSDT | −0.069% | −0.0319% | 8h | $62.3M | $68.9M | 50x | as long as short |
| OKX WLD-USDT-SWAP | −0.046% | −0.0026% | 8h | $33.3M | $123.0M | 50x | as long as short |
| MEXC WLD_USDT | −0.046% | −0.0058% | 8h | $43.6M | $43.5M | 300x | as long as short |
| KuCoin WLDUSDTM | −0.046% | −0.0039% | 8h | $7.1M | $10.1M | 50x | as long as short |
| Bitget WLDUSDT | −0.046% | +0.0100% | 8h | $28.5M | $24.0M | 75x | as long as short |
| Nado WLD-PERP | −0.040% | −0.0047% | 1h | $340K | $165K | 5x | as long as short |
| Extended WLD-USD | −0.033% | +0.0072% | 1h | $149K | $555K | 10x | as long as short |
Show all 37 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Reya WLDRUSDPERP | −0.027% | +0.0134% | 1h | — | — | 20x | as long as short |
| Gate WLD_USDT | −0.023% | −0.0082% | 8h | $7.2M | $32.2M | 75x | as long as short |
| Aevo WLD-PERP | −0.012% | +0.0064% | 1h | $30K | $5K | 3x | as long as short |
| Kalshi KXWLDPERP | 0.000% | −0.0147% | 8h | $88K | $3.5M | 1.7x | as long as short |
| Orderly PERP_WLD_USDC | 0.000% | −0.0037% | 8h | $27K | $936K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUALshort | 0.000% | 0.0000% | 1h | $111K | $775K | 25x | |
| Phemex WLDUSDTlong | 0.000% | +0.0100% | 8h | $1.8M | $3.8M | 50x | |
| Hyperliquid WLD | +0.007% | +0.0100% | 1h | $44.2M | $36.0M | 10x | as long as short |
| Kraken Futures PF_WLDUSD | +0.017% | +0.0169% | 1h | $886K | $2.2M | 50x | as long as short |
| Pacifica WLD | +0.023% | +0.0100% | 1h | $60K | $467K | 5x | as long as short |
| BloFin WLD-USDT | +0.023% | +0.0062% | 8h | $4.7M | $975K | 75x | as long as short |
| Backpack WLD_USDC_PERP | +0.028% | +0.0100% | 1h | $130K | $283K | 10x | as long as short |
| 01 Exchange WLDUSD | +0.037% | +0.0008% | 1h | $312 | $77 | 5x | as long as short |
| Polymarket Perps WLD-USD | +0.037% | +0.0100% | 1h | $41K | $1.8M | 10x | as long as short |
| Aster WLDUSDT | +0.043% | +0.0100% | 8h | $227K | $908K | 50x | as long as short |
| GMX WLD/USD [ETH-USDC] | +0.045% | L +0.0206% / S −0.1501% | 1h | $7K | — | 100x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.046% | +0.0296% | 1h | $263K | $1.4M | 50x | as long as short |
| gTrade (Gains Network) WLD/USD | +0.048% | L +0.0003% / S −0.0003% | 1h | $56K | — | 150x | as long as short |
| Variational Omni WLD | +0.066% | −0.0236% | 8h | $2.0M | $1.4M | — | as long as short |
| Injective WLD/USDC PERP | +0.069% | +0.0217% | 1h | $6K | $195 | 5.5x | as long as short |
| SunX WLD-USDT | +0.092% | +0.0100% | 8h | $22K | $1.4M | 50x | as long as short |
| edgeX WLDUSDC | +0.116% | +0.0100% | 4h | $26K | $315K | 20x | as long as short |
| dYdX WLD-USD | +0.123% | +0.0039% | 1h | $150K | $4K | 10x | as long as short |
| Phoenix WLD | +0.124% | −0.0091% | 1h | $2K | $50K | 10x | as long as short |
| Lighter WLD | +0.129% | +0.0160% | 1h | $4.7M | $1.2M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.138% | +0.0100% | 1h | $63K | $221K | 50x | as long as short |
| HTX WLD-USDT | +0.138% | +0.0100% | 8h | $812K | $1.6M | 50x | as long as short |