Spread before costs (cost unknown: a leg has no order-book sample)+0.040%
7d average—if it closes, per $10,000$4funding while held, a day−$11.30
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya WLDRUSDPERP | 0.4325 | 0.0134 | pay 0.0017% / 1h | 32m 36s | — | — | 20x |
| Short | Backpack WLD_USDC_PERP | 0.4327 | −0.0243 | pay 0.0030% / 1h | 32m 36s | $126K | $285K | 10x |
Reya WLDRUSDPERP
Backpack WLD_USDC_PERPPrice 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
- $3.97
- Funding while held
- −$11.3
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$23.33
- Spread needed to break even
- 0.160%
Slippage unknown: Reya: no order-book sample; Backpack: live order book, 2 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0377%
- Per $10,000 a day
- −$11.30
- 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 Reya no order-book sample | — | — | — | — | — |
| Sell Backpack live order book, 2 min ago | 0.81 bp | 7.4 bp −$7 | doesn't fit | doesn't fit | doesn't fit |
Reya: 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.SoDEX0.4323cheapestBloFin0.4323cheapestOKX0.4324+0.023%Binance0.4325+0.046%Bybit0.4325+0.046%MEXC0.4325+0.046%Phemex0.4325+0.046%
SoDEX
BloFin
OKX
Binance
Bybit
MEXC
PhemexReya0.4325+0.051%
Extended0.4325+0.055%Nado0.4325+0.058%Bitget0.4326+0.069%BingX0.4326+0.069%Orderly0.4326+0.069%Deribit0.4326+0.069%Hyperliquid0.4326+0.072%Aevo0.4326+0.079%
Extended
Nado
Bitget
BingX
Orderly
Deribit
Hyperliquid
AevoBackpack0.4327+0.090%
Pacifica0.4327+0.093%Gate0.4327+0.093%KuCoin0.4327+0.093%ApeX Omni0.4327+0.093%HTX0.4327+0.093%GMX0.4327+0.097%dYdX0.4328+0.108%Aster0.4328+0.116%edgeX0.4328+0.126%Polymarket Perps0.4329+0.132%Kraken Futures0.4329+0.134%gTrade (Gains Network)0.4329+0.136%01 Exchange0.4329+0.139%Kalshi0.4329+0.139%Coinbase International0.4330+0.162%SunX0.4331+0.185%Lighter0.4332+0.206%Variational Omni0.4333+0.223%Phoenix0.4337+0.319%Injective0.4337+0.324%
Pacifica
Gate
KuCoin
ApeX Omni
HTX
GMX
dYdX
Aster
Polymarket Perps
Kraken Futures
gTrade (Gains Network)
Coinbase International
SunX
Lighter
Variational Omni
Phoenix
InjectiveWLD on 37 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SoDEX WLD-USD | −0.050% | +0.0100% | 1h | $186 | $5K | 10x | as long as short |
| BloFin WLD-USDT | −0.050% | +0.0068% | 8h | $4.6M | $961K | 75x | as long as short |
| OKX WLD-USDT-SWAP | −0.027% | −0.0017% | 8h | $32.7M | $122.9M | 50x | as long as short |
| Binance WLDUSDT | −0.004% | −0.0051% | 8h | $77.7M | $262.3M | 75x | as long as short |
| Bybit WLDUSDT | −0.004% | −0.0218% | 8h | $61.6M | $69.4M | 50x | as long as short |
| MEXC WLD_USDT | −0.004% | −0.0051% | 8h | $41.4M | $42.2M | 300x | as long as short |
| Phemex WLDUSDT | −0.004% | +0.0100% | 8h | $1.8M | $3.8M | 50x | as long as short |
| Reya WLDRUSDPERPlong | 0.000% | +0.0134% | 1h | — | — | 20x | |
| Extended WLD-USD | +0.005% | +0.0064% | 1h | $148K | $554K | 10x | as long as short |
| Nado WLD-PERP | +0.007% | −0.0068% | 1h | $338K | $160K | 5x | as long as short |
Show all 37 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bitget WLDUSDT | +0.019% | +0.0100% | 8h | $28.3M | $24.0M | 75x | as long as short |
| BingX WLD-USDT | +0.019% | +0.0100% | 8h | — | $68.0M | — | as long as short |
| Orderly PERP_WLD_USDC | +0.019% | −0.0027% | 8h | $27K | $932K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | +0.019% | 0.0000% | 1h | $122K | $777K | 25x | as long as short |
| Hyperliquid WLD | +0.021% | +0.0100% | 1h | $43.4M | $36.7M | 10x | as long as short |
| Aevo WLD-PERP | +0.028% | +0.0072% | 1h | $29K | $5K | 3x | as long as short |
| Backpack WLD_USDC_PERPshort | +0.040% | −0.0243% | 1h | $126K | $285K | 10x | |
| Pacifica WLD | +0.042% | +0.0100% | 1h | $57K | $482K | 5x | as long as short |
| Gate WLD_USDT | +0.042% | +0.0010% | 8h | $7.2M | $32.3M | 75x | as long as short |
| KuCoin WLDUSDTM | +0.042% | −0.0026% | 8h | $7.2M | $10.1M | 50x | as long as short |
| ApeX Omni WLDUSDT | +0.042% | +0.0100% | 1h | $62K | $222K | 50x | as long as short |
| HTX WLD-USDT | +0.042% | +0.0100% | 8h | $802K | $1.7M | 50x | as long as short |
| GMX WLD/USD [ETH-USDC] | +0.046% | L +0.0205% / S −0.1501% | 1h | $7K | — | 100x | as long as short |
| dYdX WLD-USD | +0.058% | +0.0006% | 1h | $149K | $4K | 10x | as long as short |
| Aster WLDUSDT | +0.065% | +0.0100% | 8h | $223K | $917K | 50x | as long as short |
| edgeX WLDUSDC | +0.075% | +0.0100% | 4h | $26K | $315K | 20x | as long as short |
| Polymarket Perps WLD-USD | +0.081% | +0.0100% | 1h | $49K | $1.9M | 10x | as long as short |
| Kraken Futures PF_WLDUSD | +0.084% | +0.0339% | 1h | $874K | $2.4M | 50x | as long as short |
| gTrade (Gains Network) WLD/USD | +0.085% | L +0.0003% / S −0.0003% | 1h | $56K | — | 150x | as long as short |
| 01 Exchange WLDUSD | +0.088% | −0.0008% | 1h | $310 | $77 | 5x | as long as short |
| Kalshi KXWLDPERP | +0.088% | −0.0126% | 8h | $105K | $3.6M | 1.7x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.111% | +0.0344% | 1h | $262K | $1.5M | 50x | as long as short |
| SunX WLD-USDT | +0.134% | +0.0100% | 8h | $22K | $1.4M | 50x | as long as short |
| Lighter WLD | +0.155% | +0.0096% | 1h | $4.7M | $1.2M | 10x | as long as short |
| Variational Omni WLD | +0.173% | −0.0228% | 8h | $2.0M | $1.4M | — | as long as short |
| Phoenix WLD | +0.269% | −0.0019% | 1h | $2K | $48K | 10x | as long as short |
| Injective WLD/USDC PERP | +0.273% | +0.0070% | 1h | $6K | $194 | 5.5x | as long as short |