Spread before costs (cost unknown: a leg has no order-book sample)−0.065%
7d average—if it closes, per $10,000$7funding while held, a day+$4.56
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix WLD | 0.4451 | −0.0072 | get 0.0009% / 1h | 45m 41s | $2K | $58K | 10x |
| Short | BloFin WLD-USDT | 0.4448 | 0.0080 | get 0.0080% / 8h | 45m 41s | $5.0M | $1.2M | 75x |
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
- −$6.52
- Funding while held
- $4.56
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$20.96
- Spread needed to break even
- 0.190%
Slippage unknown: Phoenix: no order-book sample; BloFin: live order book, 4 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0152%
- Per $10,000 a day
- +$4.56
- 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 BloFin live order book, 4 min ago | 3.37 bp | 11.5 bp −$12 | 15.8 bp −$158 | 35.8 bp −$3,577 | 114.9 bp −$57.4K |
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 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 | |
|---|---|---|---|---|---|---|---|
| Extended WLD-USD | −0.541% | +0.0104% | 1h | $134K | $671K | 10x | as long as short |
| Bitget WLDUSDT | −0.537% | +0.0052% | 8h | $29.1M | $25.5M | 75x | as long as short |
| OKX WLD-USDT-SWAP | −0.492% | −0.0018% | 8h | $34.9M | $134.1M | 50x | as long as short |
| Bybit WLDUSDT | −0.470% | −0.0119% | 8h | $63.9M | $76.5M | 50x | as long as short |
| BingX WLD-USDC | −0.470% | +0.0054% | 8h | — | $1.3M | — | as long as short |
| Gate WLD_USDT | −0.447% | +0.0009% | 8h | $7.1M | $33.6M | 75x | as long as short |
| MEXC WLD_USDT | −0.425% | −0.0043% | 8h | $42.2M | $46.7M | 300x | as long as short |
| KuCoin WLDUSDTM | −0.425% | −0.0003% | 8h | $6.8M | $12.1M | 50x | as long as short |
| Aster WLDUSDT | −0.392% | +0.0053% | 8h | $248K | $914K | 50x | as long as short |
| Binance WLDUSDT | −0.380% | −0.0043% | 8h | $81.4M | $276.6M | 75x | as long as short |
Show all 37 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Pacifica WLD | −0.374% | +0.0100% | 1h | $67K | $516K | 5x | as long as short |
| Hyperliquid WLD | −0.350% | +0.0100% | 1h | $46.2M | $39.7M | 10x | as long as short |
| Variational Omni WLD | −0.335% | −0.0121% | 8h | $2.1M | $1.7M | — | as long as short |
| Injective WLD/USDC PERP | −0.335% | +0.0083% | 1h | $6K | $41K | 5.5x | as long as short |
| Reya WLDRUSDPERP | −0.323% | +0.0134% | 1h | — | — | 20x | as long as short |
| SoDEX WLD-USD | −0.312% | +0.0100% | 1h | $193 | $5K | 10x | as long as short |
| Orderly PERP_WLD_USDC | −0.290% | −0.0036% | 8h | $28K | $956K | 10x | as long as short |
| Phemex WLDUSDT | −0.290% | +0.0100% | 8h | $1.9M | $3.9M | 50x | as long as short |
| dYdX WLD-USD | −0.278% | 0.0000% | 1h | $153K | $5K | 10x | as long as short |
| Nado WLD-PERP | −0.273% | −0.0090% | 1h | $348K | $206K | 5x | as long as short |
| 01 Exchange WLDUSD | −0.254% | −0.0088% | 1h | $318 | $1K | 5x | as long as short |
| Backpack WLD_USDC_PERP | −0.252% | +0.0100% | 1h | $132K | $327K | 10x | as long as short |
| Polymarket Perps WLD-USD | −0.236% | +0.0100% | 1h | $55K | $1.8M | 10x | as long as short |
| gTrade (Gains Network) WLD/USD | −0.235% | L +0.0003% / S −0.0003% | 1h | $70K | — | 150x | as long as short |
| GMX WLD/USD [ETH-USDC] | −0.235% | L +0.0187% / S −0.1014% | 1h | $5K | — | 100x | as long as short |
| Kraken Futures PF_WLDUSD | −0.232% | +0.0063% | 1h | $770K | $2.1M | 50x | as long as short |
| Kalshi KXWLDPERP | −0.222% | −0.0182% | 8h | $50K | $3.2M | 1.7x | as long as short |
| Aevo WLD-PERP | −0.222% | +0.0072% | 1h | $30K | $5K | 3x | as long as short |
| Lighter WLD | −0.218% | +0.0096% | 1h | $4.8M | $1.2M | 10x | as long as short |
| SunX WLD-USDT | −0.200% | +0.0100% | 8h | $22K | $1.5M | 50x | as long as short |
| Deribit WLD_USDC-PERPETUAL | −0.200% | 0.0000% | 1h | $119K | $752K | 25x | as long as short |
| HTX WLD-USDT | −0.110% | +0.0100% | 8h | $822K | $1.6M | 50x | as long as short |
| BloFin WLD-USDTshort | −0.065% | +0.0080% | 8h | $5.0M | $1.2M | 75x | |
| Phoenix WLDlong | 0.000% | −0.0072% | 1h | $2K | $58K | 10x | |
| Coinbase International WLD-PERP-INTX | +0.002% | +0.0240% | 1h | $269K | $1.8M | 50x | as long as short |
| edgeX WLDUSDC | +0.041% | +0.0100% | 4h | $26K | $315K | 20x | as long as short |
| ApeX Omni WLDUSDT | +0.115% | +0.0100% | 1h | $64K | $220K | 50x | as long as short |
Phoenix WLD
BloFin WLD-USDT
Extended
Bitget
OKX
Bybit
BingX
Gate
MEXC
KuCoin
Aster
Binance
Pacifica
Hyperliquid
Variational Omni
Injective
SoDEX
Phemex
Backpack
Polymarket Perps
gTrade (Gains Network)
GMX
Kraken Futures
Lighter
SunX
Deribit
HTX
Coinbase International
ApeX Omni