Funding you earn now, next payment 04:00 UTC−0.0057%/8h= −6.3% APRpaid last 24h +0.021%
Price spread now: SunX against Phoenix−0.077%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.119%+$12 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and SunX is 0.077% cheaper against Phoenix than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.119%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix WLD | 0.4552 | 0.0157 | pay 0.0020% / 1h | 24m 31s | $5K | $52K | 10x |
| Short | SunX WLD-USDT | 0.4549 | 0.0100 | get 0.0100% / 8h | 3h 24m | $22K | $1.6M | 50x |
Phoenix WLD
SunX WLD-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$12.06
- Price spread: −0.077% → 0.000%
- −$7.69
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$34.75
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Phoenix: no order-book sample; SunX: live order book, 11 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 SunX live order book, 11 min ago | 29.52 bp | 47.8 bp −$48 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Nado WLD-PERP | −0.0029% | 1h | 0.4540 | −0.286% | $241K | $205K | 5x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4540 | −0.273% | $155K | $33K | 10x | as long as short |
| Kalshi KXWLDPERP | 0.0000% | 8h | 0.4541 | −0.253% | $61K | $4.6M | 1.7x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4544 | −0.187% | $123K | $939K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4543 | −0.214% | $65K | — | 150x | as long as short |
| KuCoin WLDUSDTM | +0.0025% | 8h | 0.4537 | −0.340% | $6.9M | $11.7M | 50x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4543 | −0.217% | $208K | $1.1M | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4539 | −0.289% | $49K | $524K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4539 | −0.298% | $86.6M | $329.9M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4537 | −0.340% | $64.6M | $89.9M | 50x | as long as short |
Nado WLD-PERP
dYdX WLD-USD
Kalshi KXWLDPERP
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
KuCoin WLDUSDTM
Aster WLDUSDT
Pacifica WLD
Binance WLDUSDT
Bybit WLDUSDTShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4537 | −0.340% | $34.3M | $150.5M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4541 | −0.253% | $7.2M | $36.5M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4541 | −0.253% | $41.3M | $54.7M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4534 | −0.406% | $29.9M | $30.0M | 75x | as long as short |
| BingX WLD-USDT | +0.0100% | 8h | 0.4539 | −0.297% | — | $67.7M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4544 | −0.187% | $136K | $302K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4546 | −0.150% | $2.1M | $1.6M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4554 | +0.041% | $27K | $318K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4562 | +0.209% | $600K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4557 | +0.099% | $43K | $238K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4536 | −0.367% | $39K | $2.1M | 10x | as long as short |
| Orderly PERP_WLD_USDC | +0.0100% | 8h | 0.4543 | −0.209% | $28K | $868K | 10x | as long as short |
| SunX WLD-USDTshort | +0.0100% | 8h | 0.4549 | −0.077% | $22K | $1.6M | 50x | |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4542 | −0.231% | $203 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4543 | −0.209% | $830K | $1.8M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4545 | −0.165% | $1.8M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4539 | −0.292% | $216K | $984K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4543 | −0.213% | $31K | $600 | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4535 | −0.392% | — | — | 20x | as long as short |
| Injective WLD/USDC PERP | +0.0142% | 1h | 0.4576 | +0.516% | $6K | $185K | 5.5x | as long as short |
| Phoenix WLDlong | +0.0157% | 1h | 0.4552 | long leg | $5K | $52K | 10x | |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4544 | −0.187% | $4.9M | $890K | 75x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0229% / S −0.1268% | 1h | 0.4543 | −0.217% | $5K | — | 100x | as long as short |
| 01 Exchange WLDUSD | +0.0288% | 1h | 0.4543 | −0.202% | $325 | $55 | 5x | as long as short |
| Hyperliquid WLD | +0.0388% | 1h | 0.4543 | −0.217% | $49.9M | $43.4M | 10x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0523% | 1h | 0.4544 | −0.188% | $883K | $2.9M | 50x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0560% | 1h | 0.4548 | −0.099% | $266K | $1.6M | 50x | as long as short |
| Lighter WLD | +0.0824% | 1h | 0.4548 | −0.097% | $5.2M | $2.6M | 10x | as long as short |
OKX WLD-USDT-SWAP
Gate WLD_USDT
MEXC WLD_USDT
Bitget WLDUSDT
BingX WLD-USDT
Backpack WLD_USDC_PERP
Variational Omni WLD
edgeX WLDUSDC
GRVT WLD_USDT_Perp
ApeX Omni WLDUSDT
Polymarket Perps WLD-USD
Orderly PERP_WLD_USDC
SoDEX WLD-USD
HTX WLD-USDT
Phemex WLDUSDT
Extended WLD-USD
Aevo WLD-PERP
Reya WLDRUSDPERP
Injective WLD/USDC PERP
BloFin WLD-USDT
GMX WLD/USD [ETH-USDC]
01 Exchange WLDUSD
Hyperliquid WLD
Kraken Futures PF_WLDUSD
Coinbase International WLD-PERP-INTX
Lighter WLD