WLD

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0773%/8h= +84.6% APRnext payment +$0.97 per $10,000 · paid last 24h +0.362%

Price spread now: GMX against Phoenix−0.146%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Phoenix Short on GMX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. GMX is 0.146% cheaper against Phoenix than usual: you would sell low and buy high (spread −0.146% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$15 on $10k: about 15 hours of funding at the current rate (+$23 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phoenix WLD	0.4487	0.0194	pay 0.0024% / 1h	31m 08s	$4K	$44K	10x
Short	GMX WLD/USD [ETH-USDC]	0.4480	L +0.0219% / S −0.0967%	get 0.0121% / 1h	31m 08s	$4K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Phoenix. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee PhoenixbpFee GMXbpOrdersPrice spread, now −0.146%Rate

Funding earned: $162.25
Price spread: −0.146% → 0.000%: −$14.6
Slippage, 4 orders: no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders: −$7
Fee GMX: 6 bp × 2 orders: −$12
Net: $128.65
Costs to cover: 0.190%
Break-even: 1.4 days

Slippage unknown: Phoenix: no order-book sample; GMX: no order-book sample. 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 GMX no order-book sample	—	—	—	—	—

Phoenix and GMX: 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
Nado WLD-PERP	−0.0006%	1h	0.4480	−0.149%	$232K	$175K	5x	as long as short
Kalshi KXWLDPERP	0.0000%	8h	0.4482	−0.105%	$42K	$4.6M	1.7x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4481	−0.127%	$115K	$1.0M	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4481	−0.130%	$65K	—	150x	as long as short
Bybit WLDUSDT	+0.0052%	8h	0.4477	−0.216%	$63.3M	$89.0M	50x	as long as short
Orderly PERP_WLD_USDC	+0.0099%	8h	0.4480	−0.149%	$27K	$585K	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4484	−0.060%	$225K	$1.0M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4483	−0.086%	$54K	$542K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4480	−0.149%	$85.7M	$333.2M	75x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4480	−0.149%	$33.9M	$148.3M	50x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate WLD_USDT	+0.0100%	8h	0.4478	−0.194%	$7.0M	$34.7M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4480	−0.149%	$41.6M	$56.3M	300x	as long as short
KuCoin WLDUSDTM	+0.0100%	8h	0.4478	−0.194%	$6.6M	$11.6M	50x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4479	−0.172%	$29.5M	$31.0M	75x	as long as short
BingX WLD-USDT	+0.0100%	8h	0.4479	−0.172%	—	$20.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4481	−0.134%	$129K	$297K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4503	+0.358%	$2.1M	$1.5M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4488	+0.031%	$27K	$322K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4504	+0.386%	$600K	$2.1M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4486	−0.016%	$48K	$237K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4483	−0.082%	$49K	$2.7M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4485	−0.038%	$22K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4480	−0.149%	$215	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4478	−0.194%	$821K	$1.4M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4483	−0.082%	$1.7M	$3.6M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4477	−0.209%	$207K	$876K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4485	−0.038%	$30K	$500	3x	as long as short
Injective WLD/USDC PERP	+0.0109%	1h	0.4508	+0.475%	$6K	$185K	5.5x	as long as short
Hyperliquid WLD	+0.0122%	1h	0.4484	−0.062%	$49.7M	$43.1M	10x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4479	−0.165%	—	—	20x	as long as short
Lighter WLD	+0.0160%	1h	0.4486	−0.016%	$4.9M	$2.9M	10x	as long as short
01 Exchange WLDUSD	+0.0168%	1h	0.4485	−0.033%	$321	$55	5x	as long as short
dYdX WLD-USD	+0.0174%	1h	0.4483	−0.076%	$153K	$31K	10x	as long as short
Phoenix WLDlong	+0.0194%	1h	0.4487	long leg	$4K	$44K	10x
GMX WLD/USD [ETH-USDC]short	L +0.0219% / S −0.0967%	1h	0.4480	−0.146%	$4K	—	100x
BloFin WLD-USDT	+0.0220%	8h	0.4485	−0.038%	$4.4M	$925K	75x	as long as short
Kraken Futures PF_WLDUSD	+0.0306%	1h	0.4481	−0.121%	$889K	$2.8M	50x	as long as short
Coinbase International WLD-PERP-INTX	+0.0440%	1h	0.4489	+0.051%	$266K	$1.6M	50x	as long as short