Funding you earn now, next payment 01:00 UTC−0.0034%/8h= −3.7% APRpaid last 24h —
Price spread now: Phemex against Reya−0.080%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—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Phemex is 0.080% cheaper against Reya 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya WLDRUSDPERP | 0.4677 | 0.0134 | pay 0.0017% / 1h | 1m 19s | — | — | 20x |
| Short | Phemex WLDUSDT | 0.4673 | 0.0100 | get 0.0100% / 8h | 7h 01m | $1.9M | $3.7M | 50x |
Reya WLDRUSDPERP
Phemex WLDUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Reya. 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
- −$7.11
- Price spread: −0.080% → 0.000%
- −$8
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$33.1
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; Phemex: live order book, 2 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 Reya no order-book sample | — | — | — | — | — |
| Sell Phemex live order book, 2 min ago | 20.15 bp | 55.9 bp −$56 | 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 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 | −0.0161% | 8h | 0.4684 | +0.155% | $29K | $4.1M | 1.7x | as long as short |
| KuCoin WLDUSDTM | −0.0025% | 8h | 0.4672 | −0.101% | $7.0M | $11.2M | 50x | as long as short |
| Nado WLD-PERP | −0.0021% | 1h | 0.4676 | −0.016% | $271K | $178K | 5x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4679 | +0.053% | $167K | $12K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4675 | −0.037% | $129K | $904K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4674 | −0.060% | $55K | — | 150x | as long as short |
| Injective WLD/USDC PERP | +0.0038% | 1h | 0.4744 | +1.438% | $6K | $185K | 5.5x | as long as short |
| Orderly PERP_WLD_USDC | +0.0051% | 8h | 0.4674 | −0.059% | $28K | $899K | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4682 | +0.107% | $214K | $996K | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4682 | +0.115% | $55K | $485K | 5x | as long as short |
Kalshi KXWLDPERP
KuCoin WLDUSDTM
Nado WLD-PERP
dYdX WLD-USD
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
Injective WLD/USDC PERP
Orderly PERP_WLD_USDC
Aster WLDUSDT
Pacifica WLDShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance WLDUSDT | +0.0100% | 8h | 0.4672 | −0.091% | $89.1M | $312.7M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4669 | −0.166% | $67.5M | $84.1M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4669 | −0.166% | $35.4M | $149.2M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4675 | −0.037% | $7.4M | $37.1M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4675 | −0.037% | $47.8M | $55.3M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4676 | −0.016% | $31.3M | $27.6M | 75x | as long as short |
| BingX WLD-USDC | +0.0100% | 8h | 0.4674 | −0.059% | — | $1.3M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4690 | +0.290% | $142K | $278K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4673 | −0.087% | $2.1M | $1.7M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4713 | +0.775% | $28K | $318K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4742 | +1.393% | $626K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4709 | +0.690% | $57K | $233K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4680 | +0.065% | $46K | $1.8M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4684 | +0.155% | $23K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4676 | −0.016% | $225 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4670 | −0.144% | $888K | $1.9M | 50x | as long as short |
| Phemex WLDUSDTshort | +0.0100% | 8h | 0.4673 | −0.080% | $1.9M | $3.7M | 50x | |
| Extended WLD-USD | +0.0104% | 1h | 0.4674 | −0.053% | $216K | $905K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4677 | −0.004% | $32K | $600 | 3x | as long as short |
| Reya WLDRUSDPERPlong | +0.0134% | 1h | 0.4677 | long leg | — | — | 20x | |
| Phoenix WLD | +0.0157% | 1h | 0.4732 | +1.182% | $5K | $53K | 10x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4671 | −0.123% | $5.0M | $867K | 75x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0239% / S −0.1538% | 1h | 0.4674 | −0.062% | $6K | — | 100x | as long as short |
| 01 Exchange WLDUSD | +0.0256% | 1h | 0.4681 | +0.089% | $335 | $77 | 5x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0322% | 1h | 0.4680 | +0.080% | $928K | $2.8M | 50x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0448% | 1h | 0.4689 | +0.262% | $273K | $1.7M | 50x | as long as short |
| Hyperliquid WLD | +0.0868% | 1h | 0.4684 | +0.160% | $52.4M | $44.2M | 10x | as long as short |
| Lighter WLD | +0.1000% | 1h | 0.4683 | +0.142% | $5.3M | $2.1M | 10x | as long as short |
Binance WLDUSDT
Bybit WLDUSDT
OKX WLD-USDT-SWAP
Gate WLD_USDT
MEXC WLD_USDT
Bitget WLDUSDT
BingX WLD-USDC
Backpack WLD_USDC_PERP
Variational Omni WLD
edgeX WLDUSDC
GRVT WLD_USDT_Perp
ApeX Omni WLDUSDT
Polymarket Perps WLD-USD
SunX WLD-USDT
SoDEX WLD-USD
HTX WLD-USDT
Extended WLD-USD
Aevo WLD-PERP
Phoenix WLD
BloFin WLD-USDT
GMX WLD/USD [ETH-USDC]
01 Exchange WLDUSD
Kraken Futures PF_WLDUSD
Coinbase International WLD-PERP-INTX
Hyperliquid WLD
Lighter WLD