WLD

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0024%/8h= −2.6% APRnext payment −$0.03 per $10,000 · paid last 24h +0.027%

Price spread now: SoDEX against Phoenix+0.213%7-day average — · you sell dearer than you buy

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

Long on Phoenix Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 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

The price spread pays, funding is against you. SoDEX is 0.213% dearer against Phoenix than usual: you sell high and buy low (spread +0.213% now, against zero (this spread has no 7-day history yet)): +$21 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 30 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phoenix WLD	0.4558	0.0124	pay 0.0015% / 1h	48m 35s	$5K	$53K	10x
Short	SoDEX WLD-USD	0.4568	0.0100	get 0.0013% / 1h	48m 35s	$202	$5K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now +0.213%Rate

Funding earned: −$5.03
Price spread: +0.213% → 0.000%: $21.28
Slippage, 4 orders: no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders: −$7
Fee SoDEX: 4 bp × 2 orders: −$8
Net: $1.25
Costs to cover: 0.150%
Break-even: from the start

Slippage unknown: Phoenix: no order-book sample; SoDEX: 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 SoDEX no order-book sample	—	—	—	—	—

Phoenix and SoDEX: 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	−0.0442%	8h	0.4562	+0.081%	$44K	$3.8M	1.7x	as long as short
Injective WLD/USDC PERP	−0.0079%	1h	0.4522	−0.796%	$6K	$185K	5.5x	as long as short
Orderly PERP_WLD_USDC	−0.0010%	8h	0.4568	+0.213%	$28K	$915K	10x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4572	+0.291%	$156K	$6K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4569	+0.235%	$121K	$894K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4566	+0.179%	$57K	—	150x	as long as short
KuCoin WLDUSDTM	+0.0007%	8h	0.4570	+0.257%	$7.0M	$10.7M	50x	as long as short
Variational Omni WLD	+0.0045%	8h	0.4543	−0.333%	$2.1M	$1.6M	—	as long as short
Nado WLD-PERP	+0.0075%	1h	0.4572	+0.312%	$275K	$169K	5x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4576	+0.387%	$214K	$974K	50x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica WLD	+0.0100%	1h	0.4574	+0.342%	$51K	$480K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4576	+0.388%	$86.3M	$293.9M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4574	+0.344%	$65.2M	$80.5M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4575	+0.366%	$34.2M	$139.8M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4573	+0.322%	$7.5M	$34.8M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4573	+0.322%	$55.6M	$50.0M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4573	+0.322%	$30.3M	$25.1M	75x	as long as short
BingX WLD-USDC	+0.0100%	8h	0.4574	+0.344%	—	$1.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4572	+0.298%	$130K	$269K	10x	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4547	−0.254%	$27K	$315K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4551	−0.157%	$621K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4549	−0.204%	$55K	$227K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4566	+0.169%	$47K	$1.7M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4570	+0.257%	$23K	$1.5M	50x	as long as short
SoDEX WLD-USDshort	+0.0100%	1h	0.4568	+0.213%	$202	$5K	10x
HTX WLD-USDT	+0.0100%	8h	0.4558	−0.007%	$860K	$1.8M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4568	+0.213%	$1.8M	$3.8M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4572	+0.296%	$134K	$745K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4569	+0.235%	$31K	$5K	3x	as long as short
Phoenix WLDlong	+0.0124%	1h	0.4558	long leg	$5K	$53K	10x
Reya WLDRUSDPERP	+0.0134%	1h	0.4564	+0.129%	—	—	20x	as long as short
Kraken Futures PF_WLDUSD	+0.0186%	1h	0.4572	+0.311%	$919K	$2.6M	50x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4568	+0.213%	$4.8M	$814K	75x	as long as short
01 Exchange WLDUSD	+0.0256%	1h	0.4579	+0.448%	$328	$77	5x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0258% / S −0.2198%	1h	0.4566	+0.170%	$9K	—	100x	as long as short
Coinbase International WLD-PERP-INTX	+0.0424%	1h	0.4564	+0.125%	$279K	$1.6M	50x	as long as short
Lighter WLD	+0.0920%	1h	0.4583	+0.542%	$5.2M	$2.1M	10x	as long as short
Hyperliquid WLD	+0.1189%	1h	0.4581	+0.505%	$49.3M	$42.5M	10x	as long as short