Funding you earn now, next payment 01:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.024%
Price spread now: edgeX against Phoenix+0.292%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.125%+$12 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and edgeX is 0.292% dearer against Phoenix than usual: you sell high and buy low: +$29 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix WLD | 0.4686 | 0.0068 | pay 0.0009% / 1h | 45m 19s | $5K | $54K | 10x |
| Short | edgeX WLDUSDC | 0.4700 | 0.0100 | get 0.0050% / 4h | 2h 45m | $28K | $319K | 20x |
Phoenix WLD
edgeX WLDUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $6.7
- Price spread: +0.292% → 0.000%
- $29.17
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $19.87
- Costs to cover
- 0.160%
- Break-even
- from the start
Slippage unknown: Phoenix: no order-book sample; edgeX: live order book, 23 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 edgeX live order book, 23 min ago | 4.22 bp | 8.9 bp −$9 | 16.4 bp −$164 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective WLD/USDC PERP | −0.0235% | 1h | 0.4675 | −0.233% | $6K | $185K | 5.5x | as long as short |
| Kalshi KXWLDPERP | −0.0153% | 8h | 0.4673 | −0.275% | $28K | $4.2M | 1.7x | as long as short |
| KuCoin WLDUSDTM | −0.0036% | 8h | 0.4674 | −0.254% | $7.0M | $11.4M | 50x | as long as short |
| Nado WLD-PERP | −0.0006% | 1h | 0.4673 | −0.270% | $271K | $178K | 5x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4679 | −0.157% | $160K | $19K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4677 | −0.190% | $132K | $909K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4678 | −0.173% | $67K | — | 150x | as long as short |
| ApeX Omni WLDUSDT | +0.0029% | 1h | 0.4699 | +0.280% | $51K | $241K | 50x | as long as short |
| Orderly PERP_WLD_USDC | +0.0054% | 8h | 0.4677 | −0.190% | $28K | $898K | 10x | as long as short |
| Phoenix WLDlong | +0.0068% | 1h | 0.4686 | long leg | $5K | $54K | 10x |
Injective WLD/USDC PERP
Kalshi KXWLDPERP
KuCoin WLDUSDTM
Nado WLD-PERP
dYdX WLD-USD
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
ApeX Omni WLDUSDT
Orderly PERP_WLD_USDCShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster WLDUSDT | +0.0100% | 8h | 0.4676 | −0.211% | $179K | $1.0M | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4679 | −0.150% | $56K | $493K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4677 | −0.190% | $89.5M | $319.7M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4679 | −0.147% | $67.4M | $85.8M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4678 | −0.169% | $35.4M | $152.0M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4674 | −0.254% | $7.4M | $36.8M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4678 | −0.169% | $47.7M | $54.7M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4674 | −0.254% | $31.2M | $28.5M | 75x | as long as short |
| BingX WLD-USDT | +0.0100% | 8h | 0.4678 | −0.169% | — | $67.5M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4681 | −0.113% | $141K | $286K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4677 | −0.195% | $2.1M | $1.7M | — | as long as short |
| edgeX WLDUSDCshort | +0.0100% | 4h | 0.4700 | +0.292% | $28K | $319K | 20x | |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4719 | +0.706% | $625K | $1.9M | 10x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4680 | −0.120% | $64K | $1.9M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4683 | −0.062% | $23K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4677 | −0.190% | $224 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4682 | −0.083% | $886K | $1.9M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4677 | −0.190% | $1.9M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4675 | −0.238% | $215K | $876K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4677 | −0.198% | $32K | $600 | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4674 | −0.258% | — | — | 20x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4719 | +0.706% | $5.0M | $878K | 75x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0239% / S −0.1538% | 1h | 0.4677 | −0.179% | $6K | — | 100x | as long as short |
| 01 Exchange WLDUSD | +0.0320% | 1h | 0.4683 | −0.060% | $335 | $77 | 5x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0456% | 1h | 0.4682 | −0.083% | $277K | $1.7M | 50x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0639% | 1h | 0.4680 | −0.117% | $929K | $2.8M | 50x | as long as short |
| Hyperliquid WLD | +0.0709% | 1h | 0.4683 | −0.051% | $52.4M | $44.5M | 10x | as long as short |
| Lighter WLD | +0.0856% | 1h | 0.4689 | +0.077% | $5.3M | $2.1M | 10x | as long as short |
Aster WLDUSDT
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
Variational Omni WLD
GRVT WLD_USDT_Perp
Polymarket Perps WLD-USD
SunX WLD-USDT
SoDEX WLD-USD
HTX WLD-USDT
Phemex WLDUSDT
Extended WLD-USD
Aevo WLD-PERP
Reya WLDRUSDPERP
BloFin WLD-USDT
GMX WLD/USD [ETH-USDC]
01 Exchange WLDUSD
Coinbase International WLD-PERP-INTX
Kraken Futures PF_WLDUSD
Hyperliquid WLD
Lighter WLD