Spread before costs (cost unknown: a leg has no order-book sample)+0.351%
7d average—if it closes, per $10,000$35funding while held, a day+$1.62
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix WLD | 0.4419 | 0.0018 | pay 0.0002% / 1h | 55m 49s | $2K | $56K | 10x |
| Short | Aevo WLD-PERP | 0.4435 | 0.0072 | get 0.0009% / 1h | 55m 49s | $30K | $5K | 3x |
Phoenix WLD
Aevo WLD-PERPPrice 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
- $35.08
- Funding while held
- $1.62
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- $13.7
- Spread needed to break even
- 0.230%
Slippage unknown: Phoenix: no order-book sample; Aevo: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0054%
- Per $10,000 a day
- +$1.62
- 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 Phoenix no order-book sample | — | — | — | — | — |
| Sell Aevo no order-book sample | — | — | — | — | — |
Phoenix and Aevo: 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.Injective0.4413cheapestedgeX0.4414+0.025%ApeX Omni0.4415+0.045%BloFin0.4417+0.091%
Injective
ApeX Omni
BloFinPhoenix0.4419+0.136%
Variational Omni0.4421+0.177%HTX0.4427+0.317%01 Exchange0.4428+0.338%Nado0.4428+0.340%Reya0.4429+0.370%Coinbase International0.4430+0.385%Kalshi0.4431+0.408%gTrade (Gains Network)0.4433+0.452%BingX0.4433+0.453%Orderly0.4433+0.453%GMX0.4434+0.470%Polymarket Perps0.4434+0.474%Bybit0.4434+0.476%
Variational Omni
HTX
Nado
Reya
Coinbase International
gTrade (Gains Network)
BingX
Orderly
GMX
Polymarket Perps
BybitAevo0.4435+0.487%
Extended0.4435+0.496%OKX0.4435+0.499%Gate0.4435+0.499%Binance0.4436+0.512%Bitget0.4436+0.521%Phemex0.4436+0.521%Aster0.4436+0.522%Pacifica0.4436+0.525%dYdX0.4436+0.527%MEXC0.4437+0.544%KuCoin0.4437+0.544%SunX0.4437+0.544%SoDEX0.4437+0.544%Hyperliquid0.4437+0.548%Deribit0.4438+0.567%Backpack0.4438+0.571%Kraken Futures0.4439+0.595%Lighter0.4444+0.698%
Extended
OKX
Gate
Binance
Bitget
Phemex
Aster
Pacifica
dYdX
MEXC
KuCoin
SunX
SoDEX
Hyperliquid
Deribit
Backpack
Kraken Futures
LighterWLD on 37 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective WLD/USDC PERP | −0.136% | +0.0083% | 1h | $6K | $41K | 5.5x | as long as short |
| edgeX WLDUSDC | −0.111% | +0.0100% | 4h | $26K | $313K | 20x | as long as short |
| ApeX Omni WLDUSDT | −0.091% | +0.0100% | 1h | $63K | $220K | 50x | as long as short |
| BloFin WLD-USDT | −0.045% | +0.0076% | 8h | $4.9M | $1.2M | 75x | as long as short |
| Phoenix WLDlong | 0.000% | +0.0018% | 1h | $2K | $56K | 10x | |
| Variational Omni WLD | +0.041% | −0.0113% | 8h | $2.1M | $1.7M | — | as long as short |
| HTX WLD-USDT | +0.181% | +0.0100% | 8h | $814K | $1.6M | 50x | as long as short |
| 01 Exchange WLDUSD | +0.201% | −0.0064% | 1h | $317 | $1K | 5x | as long as short |
| Nado WLD-PERP | +0.204% | −0.0102% | 1h | $347K | $206K | 5x | as long as short |
| Reya WLDRUSDPERP | +0.234% | +0.0134% | 1h | — | — | 20x | as long as short |
Show all 37 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Coinbase International WLD-PERP-INTX | +0.249% | +0.0240% | 1h | $265K | $1.8M | 50x | as long as short |
| Kalshi KXWLDPERP | +0.272% | −0.0189% | 8h | $60K | $3.2M | 1.7x | as long as short |
| gTrade (Gains Network) WLD/USD | +0.315% | L +0.0003% / S −0.0003% | 1h | $70K | — | 150x | as long as short |
| BingX WLD-USDT | +0.317% | +0.0051% | 8h | — | $68.7M | — | as long as short |
| Orderly PERP_WLD_USDC | +0.317% | −0.0034% | 8h | $27K | $957K | 10x | as long as short |
| GMX WLD/USD [ETH-USDC] | +0.333% | L +0.0187% / S −0.1014% | 1h | $5K | — | 100x | as long as short |
| Polymarket Perps WLD-USD | +0.337% | +0.0100% | 1h | $49K | $1.7M | 10x | as long as short |
| Bybit WLDUSDT | +0.339% | −0.0111% | 8h | $63.9M | $76.5M | 50x | as long as short |
| Aevo WLD-PERPshort | +0.351% | +0.0072% | 1h | $30K | $5K | 3x | |
| Extended WLD-USD | +0.359% | +0.0104% | 1h | $135K | $670K | 10x | as long as short |
| OKX WLD-USDT-SWAP | +0.362% | −0.0014% | 8h | $34.1M | $133.3M | 50x | as long as short |
| Gate WLD_USDT | +0.362% | +0.0017% | 8h | $7.1M | $33.3M | 75x | as long as short |
| Binance WLDUSDT | +0.376% | −0.0045% | 8h | $81.6M | $276.8M | 75x | as long as short |
| Bitget WLDUSDT | +0.385% | +0.0053% | 8h | $29.2M | $25.5M | 75x | as long as short |
| Phemex WLDUSDT | +0.385% | +0.0100% | 8h | $1.8M | $3.9M | 50x | as long as short |
| Aster WLDUSDT | +0.385% | +0.0050% | 8h | $279K | $895K | 50x | as long as short |
| Pacifica WLD | +0.389% | +0.0100% | 1h | $67K | $520K | 5x | as long as short |
| dYdX WLD-USD | +0.390% | 0.0000% | 1h | $153K | $5K | 10x | as long as short |
| MEXC WLD_USDT | +0.407% | −0.0044% | 8h | $41.3M | $46.1M | 300x | as long as short |
| KuCoin WLDUSDTM | +0.407% | +0.0003% | 8h | $6.9M | $12.1M | 50x | as long as short |
| SunX WLD-USDT | +0.407% | +0.0100% | 8h | $22K | $1.5M | 50x | as long as short |
| SoDEX WLD-USD | +0.407% | +0.0100% | 1h | $193 | $5K | 10x | as long as short |
| Hyperliquid WLD | +0.412% | +0.0100% | 1h | $46.3M | $39.4M | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | +0.430% | 0.0000% | 1h | $118K | $772K | 25x | as long as short |
| Backpack WLD_USDC_PERP | +0.434% | +0.0100% | 1h | $132K | $324K | 10x | as long as short |
| Kraken Futures PF_WLDUSD | +0.458% | +0.0063% | 1h | $777K | $2.0M | 50x | as long as short |
| Lighter WLD | +0.561% | +0.0096% | 1h | $4.8M | $1.2M | 10x | as long as short |