Spread before costs (cost unknown: a leg has no order-book sample)0.000%
7d average—if it closes, per $10,000$0funding while held, a day−$4.02
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya WLDRUSDPERP | 0.4407 | 0.0134 | pay 0.0017% / 1h | 46m 11s | — | — | 20x |
| Short | Deribit WLD_USDC-PERPETUAL | 0.4407 | 0 | get 0.0000% / 1h | 46m 11s | $114K | $731K | 25x |
Reya WLDRUSDPERP
Deribit WLD_USDC-PERPETUALPrice 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
- −$0.04
- Funding while held
- −$4.02
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$17.05
- Spread needed to break even
- 0.130%
Slippage unknown: Reya: no order-book sample; Deribit: live order book, 64 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0134%
- Per $10,000 a day
- −$4.02
- 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 Deribit live order book, 64 min ago | 4.49 bp | 8.0 bp −$8 | 16.0 bp −$160 | 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.Variational Omni0.4392cheapestPhoenix0.4399+0.151%edgeX0.4399+0.155%BloFin0.4399+0.162%ApeX Omni0.4400+0.185%Bitget0.4401+0.208%MEXC0.4402+0.231%Extended0.4402+0.238%Binance0.4403+0.253%Bybit0.4403+0.253%Gate0.4403+0.253%KuCoin0.4403+0.253%BingX0.4403+0.253%SoDEX0.4403+0.253%OKX0.4404+0.276%Aevo0.4404+0.276%Phemex0.4404+0.276%Nado0.4405+0.288%Kalshi0.4405+0.299%Orderly0.4405+0.299%Backpack0.4406+0.313%Aster0.4406+0.316%Hyperliquid0.4407+0.335%Kraken Futures0.4407+0.342%dYdX0.4407+0.343%Pacifica0.4407+0.344%gTrade (Gains Network)0.4407+0.344%
Variational Omni
Phoenix
BloFin
ApeX Omni
Bitget
MEXC
Extended
Binance
Bybit
Gate
KuCoin
BingX
SoDEX
OKX
Aevo
Phemex
Nado
Orderly
Backpack
Aster
Hyperliquid
Kraken Futures
dYdX
Pacifica
gTrade (Gains Network)Deribit0.4407+0.344%
Reya0.4407+0.345%
01 Exchange0.4407+0.351%Polymarket Perps0.4407+0.351%GMX0.4407+0.352%SunX0.4409+0.390%HTX0.4409+0.390%Lighter0.4409+0.395%Coinbase International0.4410+0.413%Injective0.4414+0.504%
Polymarket Perps
GMX
SunX
HTX
Lighter
Coinbase International
InjectiveWLD on 37 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni WLD | −0.344% | −0.0178% | 8h | $2.1M | $1.7M | — | as long as short |
| Phoenix WLD | −0.193% | −0.0091% | 1h | $2K | $60K | 10x | as long as short |
| edgeX WLDUSDC | −0.189% | +0.0100% | 4h | $26K | $315K | 20x | as long as short |
| BloFin WLD-USDT | −0.182% | +0.0074% | 8h | $4.9M | $1.2M | 75x | as long as short |
| ApeX Omni WLDUSDT | −0.159% | +0.0100% | 1h | $63K | $222K | 50x | as long as short |
| Bitget WLDUSDT | −0.137% | +0.0054% | 8h | $28.9M | $25.7M | 75x | as long as short |
| MEXC WLD_USDT | −0.114% | −0.0046% | 8h | $43.1M | $45.8M | 300x | as long as short |
| Extended WLD-USD | −0.107% | +0.0104% | 1h | $133K | $662K | 10x | as long as short |
| Binance WLDUSDT | −0.091% | −0.0046% | 8h | $80.3M | $279.0M | 75x | as long as short |
| Bybit WLDUSDT | −0.091% | −0.0338% | 8h | $63.3M | $76.5M | 50x | as long as short |
Show all 37 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate WLD_USDT | −0.091% | −0.0206% | 8h | $7.0M | $32.8M | 75x | as long as short |
| KuCoin WLDUSDTM | −0.091% | −0.0010% | 8h | $6.9M | $11.9M | 50x | as long as short |
| BingX WLD-USDC | −0.091% | +0.0053% | 8h | — | $1.3M | — | as long as short |
| SoDEX WLD-USD | −0.091% | +0.0100% | 1h | $190 | $5K | 10x | as long as short |
| OKX WLD-USDT-SWAP | −0.068% | −0.0006% | 8h | $34.5M | $134.9M | 50x | as long as short |
| Aevo WLD-PERP | −0.068% | +0.0072% | 1h | $30K | $5K | 3x | as long as short |
| Phemex WLDUSDT | −0.068% | +0.0100% | 8h | $1.8M | $3.8M | 50x | as long as short |
| Nado WLD-PERP | −0.057% | −0.0048% | 1h | $345K | $206K | 5x | as long as short |
| Kalshi KXWLDPERP | −0.046% | −0.0152% | 8h | $90K | $3.4M | 1.7x | as long as short |
| Orderly PERP_WLD_USDC | −0.046% | −0.0049% | 8h | $27K | $946K | 10x | as long as short |
| Backpack WLD_USDC_PERP | −0.032% | +0.0100% | 1h | $135K | $325K | 10x | as long as short |
| Aster WLDUSDT | −0.028% | +0.0100% | 8h | $229K | $1.0M | 50x | as long as short |
| Hyperliquid WLD | −0.009% | +0.0100% | 1h | $45.0M | $39.3M | 10x | as long as short |
| Kraken Futures PF_WLDUSD | −0.003% | +0.0008% | 1h | $727K | $2.2M | 50x | as long as short |
| dYdX WLD-USD | −0.002% | +0.0022% | 1h | $152K | $5K | 10x | as long as short |
| Pacifica WLD | 0.000% | +0.0100% | 1h | $58K | $511K | 5x | as long as short |
| gTrade (Gains Network) WLD/USD | 0.000% | L +0.0003% / S −0.0003% | 1h | $56K | — | 150x | as long as short |
| Deribit WLD_USDC-PERPETUALshort | 0.000% | 0.0000% | 1h | $114K | $731K | 25x | |
| Reya WLDRUSDPERPlong | 0.000% | +0.0134% | 1h | — | — | 20x | |
| 01 Exchange WLDUSD | +0.006% | +0.0032% | 1h | $315 | $77 | 5x | as long as short |
| Polymarket Perps WLD-USD | +0.006% | +0.0100% | 1h | $50K | $1.8M | 10x | as long as short |
| GMX WLD/USD [ETH-USDC] | +0.008% | L +0.0186% / S −0.1014% | 1h | $5K | — | 100x | as long as short |
| SunX WLD-USDT | +0.045% | +0.0100% | 8h | $22K | $1.5M | 50x | as long as short |
| HTX WLD-USDT | +0.045% | +0.0100% | 8h | $820K | $1.7M | 50x | as long as short |
| Lighter WLD | +0.050% | +0.0096% | 1h | $4.7M | $1.1M | 10x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.068% | +0.0216% | 1h | $269K | $1.7M | 50x | as long as short |
| Injective WLD/USDC PERP | +0.158% | +0.0353% | 1h | $6K | $193 | 5.5x | as long as short |