After costs, if the gap returns to its 7d average, $10k−$359
spread now−0.050%7d average+0.019%fees + slippage, in and out−$352spread needed3.518%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex WLDUSDT | 0.4297 | 0.0100 | pay 0.0100% / 8h | 6h 05m | $1.8M | $3.8M | 50x |
| Short | dYdX WLD-USD | 0.4295 | 0.0033 | get 0.0004% / 1h | 5m 22s | $148K | $4K | 10x |
Price 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
- −$5.02
- Funding while held
- −$2.02
- Slippage, 4 orders
- −$329.81
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$358.85
- Spread needed to break even
- 3.518%
Slippage from Phemex: live order book, 5 min ago; dYdX: live order book, 35 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0067%
- Per $10,000 a day
- −$2.02
- 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, 5 min ago | 12.67 bp | 57.1 bp −$57 | doesn't fit | doesn't fit | doesn't fit |
| Sell dYdX live order book, 35 min ago | 19.33 bp | 225.5 bp −$225 | 275.8 bp −$2,758 | 286.7 bp −$28.7K | 329.9 bp −$165.0K |
WLD price on every exchange
against the cheapest. Click to use as the short leg.WLD on 37 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Backpack WLD_USDC_PERP | −0.123% | +0.0100% | 1h | $128K | $284K | 10x | as long as short |
| Kalshi KXWLDPERP | −0.093% | −0.0139% | 8h | $120K | $3.6M | 1.7x | as long as short |
| Pacifica WLD | −0.083% | +0.0100% | 1h | $61K | $469K | 5x | as long as short |
| BloFin WLD-USDT | −0.070% | +0.0054% | 8h | $4.7M | $980K | 75x | as long as short |
| dYdX WLD-USDshort | −0.050% | +0.0033% | 1h | $148K | $4K | 10x | |
| 01 Exchange WLDUSD | −0.047% | 0.0000% | 1h | $307 | $77 | 5x | as long as short |
| Extended WLD-USD | −0.034% | +0.0064% | 1h | $147K | $556K | 10x | as long as short |
| OKX WLD-USDT-SWAP | −0.023% | −0.0025% | 8h | $32.4M | $122.7M | 50x | as long as short |
| Bitget WLDUSDT | −0.023% | +0.0100% | 8h | $28.1M | $24.1M | 75x | as long as short |
| Aster WLDUSDT | −0.014% | +0.0100% | 8h | $224K | $921K | 50x | as long as short |
Show all 37 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Nado WLD-PERP | −0.012% | −0.0049% | 1h | $336K | $166K | 5x | as long as short |
| Bybit WLDUSDT | 0.000% | −0.0321% | 8h | $61.3M | $69.4M | 50x | as long as short |
| KuCoin WLDUSDTM | 0.000% | −0.0036% | 8h | $7.1M | $10.1M | 50x | as long as short |
| Orderly PERP_WLD_USDC | 0.000% | −0.0034% | 8h | $27K | $936K | 10x | as long as short |
| SoDEX WLD-USD | 0.000% | +0.0100% | 1h | $186 | $5K | 10x | as long as short |
| Phemex WLDUSDTlong | 0.000% | +0.0100% | 8h | $1.8M | $3.8M | 50x | |
| Reya WLDRUSDPERP | +0.003% | +0.0134% | 1h | — | — | 20x | as long as short |
| Hyperliquid WLD | +0.012% | +0.0100% | 1h | $43.3M | $36.5M | 10x | as long as short |
| Gate WLD_USDT | +0.023% | −0.0024% | 8h | $7.2M | $32.8M | 75x | as long as short |
| BingX WLD-USDT | +0.023% | +0.0100% | 8h | — | $67.9M | — | as long as short |
| Deribit WLD_USDC-PERPETUAL | +0.023% | −0.0215% | 1h | $122K | $786K | 25x | as long as short |
| Polymarket Perps WLD-USD | +0.030% | +0.0100% | 1h | $46K | $1.9M | 10x | as long as short |
| Aevo WLD-PERP | +0.033% | +0.0064% | 1h | $29K | $5K | 3x | as long as short |
| Binance WLDUSDT | +0.047% | −0.0066% | 8h | $77.8M | $261.9M | 75x | as long as short |
| MEXC WLD_USDT | +0.047% | −0.0066% | 8h | $41.1M | $44.3M | 300x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.070% | +0.0296% | 1h | $266K | $1.4M | 50x | as long as short |
| HTX WLD-USDT | +0.070% | +0.0100% | 8h | $798K | $1.7M | 50x | as long as short |
| GMX WLD/USD [ETH-USDC] | +0.092% | L +0.0205% / S −0.1501% | 1h | $7K | — | 100x | as long as short |
| gTrade (Gains Network) WLD/USD | +0.093% | L +0.0003% / S −0.0003% | 1h | $55K | — | 150x | as long as short |
| SunX WLD-USDT | +0.116% | +0.0100% | 8h | $22K | $1.4M | 50x | as long as short |
| Kraken Futures PF_WLDUSD | +0.134% | +0.0171% | 1h | $881K | $2.3M | 50x | as long as short |
| Lighter WLD | +0.154% | +0.0096% | 1h | $4.6M | $1.2M | 10x | as long as short |
| Variational Omni WLD | +0.439% | −0.0245% | 8h | $2.0M | $1.4M | — | as long as short |
| Phoenix WLD | +0.638% | −0.0091% | 1h | $2K | $50K | 10x | as long as short |
| edgeX WLDUSDC | +0.670% | +0.0100% | 4h | $26K | $314K | 20x | as long as short |
| ApeX Omni WLDUSDT | +0.698% | +0.0100% | 1h | $62K | $221K | 50x | as long as short |
| Injective WLD/USDC PERP | +1.420% | +0.0217% | 1h | $6K | $195 | 5.5x | as long as short |
Phemex WLDUSDT
Backpack
Pacifica
BloFin
Extended
OKX
Bitget
Aster
Bybit
KuCoin
SoDEX
Hyperliquid
Gate
BingX
Deribit
Polymarket Perps
Binance
MEXC
Coinbase International
HTX
GMX
gTrade (Gains Network)
SunX
Kraken Futures
Lighter
Variational Omni
Phoenix
ApeX Omni
Injective