Spread before costs (cost unknown: a leg has no order-book sample)−0.163%
7d average—if it closes, per $10,000$16funding while held, a day+$5.17
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix WLD | 0.4416 | −0.0072 | get 0.0009% / 1h | 39m 35s | $2K | $58K | 10x |
| Short | HTX WLD-USDT | 0.4409 | 0.0100 | get 0.0100% / 8h | 39m 35s | $815K | $1.6M | 50x |
Phoenix WLD
HTX WLD-USDTPrice 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
- −$16.3
- Funding while held
- $5.17
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$30.13
- Spread needed to break even
- 0.190%
Slippage unknown: Phoenix: no order-book sample; HTX: live order book, 1 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0172%
- Per $10,000 a day
- +$5.17
- 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 HTX live order book, 1 min ago | 7.95 bp | 17.4 bp −$17 | 79.4 bp −$794 | 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 price on every exchange
against the cheapest. Click to use as the short leg.OKX0.4387cheapestExtended0.4387+0.009%Nado0.4388+0.017%Binance0.4388+0.023%Bybit0.4388+0.023%Bitget0.4388+0.023%BingX0.4388+0.023%Polymarket Perps0.4389+0.034%Reya0.4389+0.036%Gate0.4390+0.068%MEXC0.4392+0.114%01 Exchange0.4392+0.121%Pacifica0.4396+0.210%Aster0.4396+0.214%dYdX0.4397+0.218%BloFin0.4397+0.228%KuCoin0.4399+0.274%Kalshi0.4400+0.296%Variational Omni0.4400+0.298%Hyperliquid0.4401+0.310%Lighter0.4401+0.319%edgeX0.4402+0.342%SoDEX0.4405+0.410%Backpack0.4407+0.454%Kraken Futures0.4408+0.478%Orderly0.4409+0.501%
OKX
Extended
Nado
Binance
Bybit
Bitget
BingX
Polymarket Perps
Reya
Gate
MEXC
Pacifica
Aster
dYdX
BloFin
KuCoin
Variational Omni
Hyperliquid
Lighter
SoDEX
Backpack
Kraken Futures
OrderlyHTX0.4409+0.501%
Aevo0.4410+0.513%Phemex0.4410+0.524%SunX0.4411+0.547%Deribit0.4412+0.570%gTrade (Gains Network)0.4413+0.586%ApeX Omni0.4413+0.593%Coinbase International0.4413+0.593%GMX0.4414+0.604%
Aevo
Phemex
SunX
Deribit
gTrade (Gains Network)
ApeX Omni
Coinbase International
GMXPhoenix0.4416+0.666%
Injective0.4436+1.117%
InjectiveWLD on 37 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| OKX WLD-USDT-SWAP | −0.661% | −0.0022% | 8h | $34.4M | $133.3M | 50x | as long as short |
| Extended WLD-USD | −0.652% | +0.0104% | 1h | $133K | $669K | 10x | as long as short |
| Nado WLD-PERP | −0.644% | −0.0091% | 1h | $344K | $206K | 5x | as long as short |
| Binance WLDUSDT | −0.639% | −0.0054% | 8h | $80.6M | $276.9M | 75x | as long as short |
| Bybit WLDUSDT | −0.639% | −0.0133% | 8h | $63.4M | $76.7M | 50x | as long as short |
| Bitget WLDUSDT | −0.639% | +0.0048% | 8h | $28.8M | $25.6M | 75x | as long as short |
| BingX WLD-USDC | −0.639% | +0.0054% | 8h | — | $1.3M | — | as long as short |
| Polymarket Perps WLD-USD | −0.627% | +0.0100% | 1h | $55K | $1.8M | 10x | as long as short |
| Reya WLDRUSDPERP | −0.625% | +0.0134% | 1h | — | — | 20x | as long as short |
| Gate WLD_USDT | −0.593% | +0.0002% | 8h | $7.1M | $33.8M | 75x | as long as short |
Show all 37 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| MEXC WLD_USDT | −0.548% | −0.0052% | 8h | $41.3M | $47.0M | 300x | as long as short |
| 01 Exchange WLDUSD | −0.541% | −0.0088% | 1h | $314 | $1K | 5x | as long as short |
| Pacifica WLD | −0.452% | +0.0100% | 1h | $66K | $512K | 5x | as long as short |
| Aster WLDUSDT | −0.448% | +0.0043% | 8h | $233K | $934K | 50x | as long as short |
| dYdX WLD-USD | −0.445% | 0.0000% | 1h | $151K | $5K | 10x | as long as short |
| BloFin WLD-USDT | −0.435% | +0.0069% | 8h | $4.9M | $1.2M | 75x | as long as short |
| KuCoin WLDUSDTM | −0.389% | −0.0005% | 8h | $6.8M | $12.0M | 50x | as long as short |
| Kalshi KXWLDPERP | −0.367% | −0.0177% | 8h | $67K | $3.2M | 1.7x | as long as short |
| Variational Omni WLD | −0.365% | −0.0129% | 8h | $2.0M | $1.7M | — | as long as short |
| Hyperliquid WLD | −0.353% | +0.0100% | 1h | $45.8M | $39.6M | 10x | as long as short |
| Lighter WLD | −0.344% | +0.0096% | 1h | $4.7M | $1.2M | 10x | as long as short |
| edgeX WLDUSDC | −0.322% | +0.0100% | 4h | $26K | $313K | 20x | as long as short |
| SoDEX WLD-USD | −0.254% | +0.0100% | 1h | $190 | $5K | 10x | as long as short |
| Backpack WLD_USDC_PERP | −0.211% | +0.0100% | 1h | $131K | $329K | 10x | as long as short |
| Kraken Futures PF_WLDUSD | −0.186% | +0.0063% | 1h | $758K | $2.1M | 50x | as long as short |
| Orderly PERP_WLD_USDC | −0.163% | −0.0038% | 8h | $27K | $955K | 10x | as long as short |
| HTX WLD-USDTshort | −0.163% | +0.0100% | 8h | $815K | $1.6M | 50x | |
| Aevo WLD-PERP | −0.152% | +0.0064% | 1h | $30K | $5K | 3x | as long as short |
| Phemex WLDUSDT | −0.140% | +0.0100% | 8h | $1.8M | $3.9M | 50x | as long as short |
| SunX WLD-USDT | −0.118% | +0.0100% | 8h | $22K | $1.5M | 50x | as long as short |
| Deribit WLD_USDC-PERPETUAL | −0.095% | 0.0000% | 1h | $118K | $749K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | −0.079% | L +0.0003% / S −0.0003% | 1h | $70K | — | 150x | as long as short |
| ApeX Omni WLDUSDT | −0.072% | +0.0100% | 1h | $63K | $220K | 50x | as long as short |
| Coinbase International WLD-PERP-INTX | −0.072% | +0.0240% | 1h | $267K | $1.8M | 50x | as long as short |
| GMX WLD/USD [ETH-USDC] | −0.061% | L +0.0186% / S −0.1014% | 1h | $5K | — | 100x | as long as short |
| Phoenix WLDlong | 0.000% | −0.0072% | 1h | $2K | $58K | 10x | |
| Injective WLD/USDC PERP | +0.448% | +0.0083% | 1h | $6K | $41K | 5.5x | as long as short |