Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: edgeX against Phemex−0.472%78s7-day average −0.050% · you buy dearer than you sell
Net, funding: paid 7d − costs−$102as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1021.020% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 3 days (all we have)+0.192%+$19 · spread now −0.472%, 7d avg −0.050%
=Together, before fees+0.192%+ Points / potential airdropedgeX: Active · farm board+$19 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: edgeX is 0.422% cheaper against Phemex than usual: you would sell low and buy high, −$42 on $10k if it goes back to its 7-day average of −0.050%. The two prices were read 78 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 | Phemex WLDUSDT | 0.4606 | 0.0100 | pay 0.0100% / 8h | 1h 03m | $1.8M | $3.8M | 50x |
| Short | edgeX WLDUSDC | 0.4584 | 0.0100 | get 0.0050% / 4h | 1h 03m | $27K | $316K | 20x |
Phemex WLDUSDT
edgeX WLDUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Phemex. 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
- $0
- Price spread: −0.472% → −0.050%
- −$42.19
- Slippage, 4 orders
- −$80.96
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$144.16
- Costs to cover
- 1.020%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 5 min ago; edgeX: live order book, 14 min ago.
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 | 3.27 bp | 45.9 bp −$46 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 14 min ago | 4.37 bp | 9.2 bp −$9 | 18.0 bp −$180 | doesn't fit | doesn't fit |
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 | −0.0275% | 8h | 0.4607 | +0.022% | $56K | $3.8M | 1.7x | as long as short |
| Injective WLD/USDC PERP | −0.0079% | 1h | 0.4578 | −0.608% | $6K | $185K | 5.5x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4607 | +0.029% | $164K | $13K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4606 | 0.000% | $109K | $885K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4605 | −0.018% | $57K | — | 150x | as long as short |
| Orderly PERP_WLD_USDC | +0.0007% | 8h | 0.4605 | −0.022% | $28K | $911K | 10x | as long as short |
| KuCoin WLDUSDTM | +0.0008% | 8h | 0.4612 | +0.130% | $7.1M | $10.8M | 50x | as long as short |
| Nado WLD-PERP | +0.0049% | 1h | 0.4607 | +0.011% | $277K | $169K | 5x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4612 | +0.130% | $196K | $999K | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4607 | +0.028% | $53K | $481K | 5x | as long as short |
Kalshi KXWLDPERP
Injective WLD/USDC PERP
dYdX WLD-USD
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
Orderly PERP_WLD_USDC
KuCoin WLDUSDTM
Nado WLD-PERP
Aster WLDUSDT
Pacifica WLDShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance WLDUSDT | +0.0100% | 8h | 0.4613 | +0.161% | $87.3M | $297.5M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4613 | +0.152% | $66.1M | $82.0M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4612 | +0.130% | $34.5M | $142.5M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4612 | +0.130% | $7.5M | $35.4M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4614 | +0.174% | $49.7M | $52.4M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4613 | +0.152% | $30.5M | $25.5M | 75x | as long as short |
| BingX WLD-USDC | +0.0100% | 8h | 0.4613 | +0.152% | — | $1.3M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4611 | +0.100% | $130K | $269K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4593 | −0.285% | $2.1M | $1.6M | — | as long as short |
| edgeX WLDUSDCshort | +0.0100% | 4h | 0.4584 | −0.472% | $27K | $316K | 20x | |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4591 | −0.319% | $617K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4586 | −0.434% | $55K | $228K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4608 | +0.054% | $41K | $1.6M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4612 | +0.130% | $23K | $1.5M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4606 | 0.000% | $205 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4596 | −0.217% | $868K | $1.8M | 50x | as long as short |
| Phemex WLDUSDTlong | +0.0100% | 8h | 0.4606 | long leg | $1.8M | $3.8M | 50x | |
| Extended WLD-USD | +0.0104% | 1h | 0.4613 | +0.143% | $238K | $858K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4607 | +0.022% | $31K | $5K | 3x | as long as short |
| Phoenix WLD | +0.0124% | 1h | 0.4597 | −0.200% | $5K | $53K | 10x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4604 | −0.035% | — | — | 20x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0185% | 1h | 0.4609 | +0.059% | $920K | $2.6M | 50x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4605 | −0.022% | $4.9M | $819K | 75x | as long as short |
| 01 Exchange WLDUSD | +0.0256% | 1h | 0.4611 | +0.117% | $330 | $77 | 5x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0261% / S −0.2221% | 1h | 0.4606 | −0.001% | $9K | — | 100x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0424% | 1h | 0.4611 | +0.109% | $272K | $1.6M | 50x | as long as short |
| Hyperliquid WLD | +0.0673% | 1h | 0.4620 | +0.300% | $50.2M | $43.0M | 10x | as long as short |
| Lighter WLD | +0.1056% | 1h | 0.4616 | +0.226% | $5.2M | $2.1M | 10x | as long as short |
Binance WLDUSDT
Bybit WLDUSDT
OKX WLD-USDT-SWAP
Gate WLD_USDT
MEXC WLD_USDT
Bitget WLDUSDT
BingX WLD-USDC
Backpack WLD_USDC_PERP
Variational Omni WLD
GRVT WLD_USDT_Perp
ApeX Omni WLDUSDT
Polymarket Perps WLD-USD
SunX WLD-USDT
SoDEX WLD-USD
HTX WLD-USDT
Extended WLD-USD
Aevo WLD-PERP
Phoenix WLD
Reya WLDRUSDPERP
Kraken Futures PF_WLDUSD
BloFin WLD-USDT
01 Exchange WLDUSD
GMX WLD/USD [ETH-USDC]
Coinbase International WLD-PERP-INTX
Hyperliquid WLD
Lighter WLD