Funding you earn now, next payment 22:00 UTC−0.0024%/8h= −2.6% APRpaid last 24h +0.019%
Price spread now: Aster against Phoenix−0.279%95s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.065%+$7 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Aster is 0.279% cheaper against Phoenix than usual: you would sell low and buy high (−$28 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.065%, so the current rate has only just turned against you. The two prices were read 95 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 | Phoenix WLD | 0.4577 | 0.0124 | pay 0.0015% / 1h | 31m 46s | $5K | $53K | 10x |
| Short | Aster WLDUSDT | 0.4564 | 0.0100 | get 0.0100% / 8h | 1h 31m | $202K | $988K | 50x |
Phoenix WLD
Aster WLDUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Phoenix. 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
- −$5.03
- Price spread: −0.279% → 0.000%
- −$27.9
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$47.93
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Phoenix: no order-book sample; Aster: live order book, 51 min ago. Net counts fees only.
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 Aster live order book, 51 min ago | 2.20 bp | 12.5 bp −$13 | 33.1 bp −$331 | doesn't fit | doesn't fit |
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 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 | −0.0359% | 8h | 0.4566 | −0.243% | $62K | $3.8M | 1.7x | as long as short |
| Injective WLD/USDC PERP | −0.0079% | 1h | 0.4623 | +1.003% | $6K | $185K | 5.5x | as long as short |
| KuCoin WLDUSDTM | −0.0004% | 8h | 0.4560 | −0.374% | $7.0M | $10.7M | 50x | as long as short |
| Orderly PERP_WLD_USDC | −0.0003% | 8h | 0.4560 | −0.374% | $28K | $913K | 10x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4568 | −0.203% | $163K | $13K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4560 | −0.374% | $107K | $900K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4561 | −0.352% | $57K | — | 150x | as long as short |
| Variational Omni WLD | +0.0056% | 8h | 0.4588 | +0.238% | $2.1M | $1.6M | — | as long as short |
| Nado WLD-PERP | +0.0064% | 1h | 0.4559 | −0.385% | $275K | $169K | 5x | as long as short |
| Aster WLDUSDTshort | +0.0100% | 8h | 0.4564 | −0.279% | $202K | $988K | 50x |
Kalshi KXWLDPERP
Injective WLD/USDC PERP
KuCoin WLDUSDTM
Orderly PERP_WLD_USDC
dYdX WLD-USD
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
Variational Omni WLD
Nado WLD-PERPShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica WLD | +0.0100% | 1h | 0.4572 | −0.118% | $51K | $480K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4564 | −0.286% | $86.5M | $297.0M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4563 | −0.308% | $65.4M | $81.8M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4563 | −0.308% | $34.1M | $140.8M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4562 | −0.330% | $7.4M | $35.2M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4564 | −0.286% | $48.2M | $51.6M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4562 | −0.330% | $30.1M | $25.5M | 75x | as long as short |
| BingX WLD-USDT | +0.0100% | 8h | 0.4562 | −0.330% | — | $67.8M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4561 | −0.343% | $127K | $269K | 10x | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4585 | +0.169% | $27K | $316K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4582 | +0.107% | $625K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4588 | +0.238% | $55K | $227K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4560 | −0.365% | $47K | $1.6M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4566 | −0.243% | $23K | $1.5M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4561 | −0.352% | $203 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4558 | −0.417% | $860K | $1.8M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4560 | −0.374% | $1.8M | $3.8M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4561 | −0.347% | $239K | $855K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4557 | −0.434% | $31K | $5K | 3x | as long as short |
| Phoenix WLDlong | +0.0124% | 1h | 0.4577 | long leg | $5K | $53K | 10x | |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4559 | −0.397% | — | — | 20x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0187% | 1h | 0.4567 | −0.212% | $905K | $2.6M | 50x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4577 | −0.002% | $4.9M | $813K | 75x | as long as short |
| 01 Exchange WLDUSD | +0.0256% | 1h | 0.4568 | −0.197% | $327 | $77 | 5x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0260% / S −0.2221% | 1h | 0.4560 | −0.380% | $9K | — | 100x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0424% | 1h | 0.4562 | −0.330% | $269K | $1.6M | 50x | as long as short |
| Hyperliquid WLD | +0.0924% | 1h | 0.4568 | −0.188% | $49.7M | $43.1M | 10x | as long as short |
| Lighter WLD | +0.0928% | 1h | 0.4571 | −0.138% | $5.2M | $2.1M | 10x | as long as short |
Pacifica WLD
Binance WLDUSDT
Bybit WLDUSDT
OKX WLD-USDT-SWAP
Gate WLD_USDT
MEXC WLD_USDT
Bitget WLDUSDT
BingX WLD-USDT
Backpack WLD_USDC_PERP
edgeX WLDUSDC
GRVT WLD_USDT_Perp
ApeX Omni WLDUSDT
Polymarket Perps WLD-USD
SunX WLD-USDT
SoDEX WLD-USD
HTX WLD-USDT
Phemex WLDUSDT
Extended WLD-USD
Aevo WLD-PERP
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