Spread before costs (cost unknown: a leg has no order-book sample)+0.073%
7d average—if it closes, per $10,000$7funding while held, a day−$3.98
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX WLD-USD | 0.4406 | 0.0100 | pay 0.0013% / 1h | 36m 27s | $196 | $5K | 10x |
| Short | Kraken Futures PF_WLDUSD | 0.4409 | −0.0033 | pay 0.0004% / 1h | 36m 27s | $778K | $1.9M | 50x |
SoDEX WLD-USD
Kraken Futures PF_WLDUSDPrice 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
- $7.3
- Funding while held
- −$3.98
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$14.68
- Spread needed to break even
- 0.180%
Slippage unknown: SoDEX: no order-book sample; Kraken Futures: live order book, 4 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0133%
- Per $10,000 a day
- −$3.98
- 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 SoDEX no order-book sample | — | — | — | — | — |
| Sell Kraken Futures live order book, 4 min ago | 2.27 bp | 16.3 bp −$16 | 27.0 bp −$270 | 983.3 bp −$98.3K | doesn't fit |
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 price on every exchange
against the cheapest. Click to use as the short leg.HTX0.4396cheapestVariational Omni0.4399+0.078%Phoenix0.4403+0.155%Injective0.4403+0.159%Nado0.4404+0.171%Kalshi0.4404+0.182%Orderly0.4404+0.182%gTrade (Gains Network)0.4405+0.215%Aevo0.4405+0.216%
HTX
Variational Omni
Phoenix
Injective
Nado
Orderly
gTrade (Gains Network)
AevoSoDEX0.4406+0.227%
Phemex0.4406+0.227%GMX0.4407+0.249%Deribit0.4407+0.250%BloFin0.4407+0.250%Coinbase International0.4408+0.273%edgeX0.4409+0.295%
Phemex
GMX
Deribit
BloFin
Coinbase InternationalKraken Futures0.4409+0.301%
Backpack0.4410+0.314%ApeX Omni0.4410+0.318%SunX0.4410+0.318%Reya0.4414+0.408%KuCoin0.4414+0.409%Extended0.4414+0.418%Aster0.4414+0.420%Hyperliquid0.4415+0.421%dYdX0.4415+0.430%Bitget0.4415+0.432%Bybit0.4416+0.455%OKX0.4416+0.455%MEXC0.4416+0.455%Gate0.4417+0.478%BingX0.4417+0.478%Binance0.4417+0.487%Pacifica0.4418+0.497%Polymarket Perps0.4419+0.532%Lighter0.4423+0.619%
Backpack
ApeX Omni
SunX
Reya
KuCoin
Extended
Aster
Hyperliquid
dYdX
Bitget
Bybit
OKX
MEXC
Gate
BingX
Binance
Pacifica
Polymarket Perps
LighterWLD on 36 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| HTX WLD-USDT | −0.227% | +0.0100% | 8h | $814K | $1.5M | 50x | as long as short |
| Variational Omni WLD | −0.149% | −0.0064% | 8h | $2.0M | $1.6M | — | as long as short |
| Phoenix WLD | −0.073% | +0.0018% | 1h | $2K | $56K | 10x | as long as short |
| Injective WLD/USDC PERP | −0.068% | +0.0449% | 1h | $6K | $41K | 5.5x | as long as short |
| Nado WLD-PERP | −0.057% | +0.0022% | 1h | $347K | $187K | 5x | as long as short |
| Kalshi KXWLDPERP | −0.045% | −0.0218% | 8h | $75K | $3.0M | 1.7x | as long as short |
| Orderly PERP_WLD_USDC | −0.045% | −0.0026% | 8h | $27K | $958K | 10x | as long as short |
| gTrade (Gains Network) WLD/USD | −0.012% | L +0.0003% / S −0.0003% | 1h | $70K | — | 150x | as long as short |
| Aevo WLD-PERP | −0.011% | +0.0072% | 1h | $30K | $5K | 3x | as long as short |
| SoDEX WLD-USDlong | 0.000% | +0.0100% | 1h | $196 | $5K | 10x |
Show all 36 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Phemex WLDUSDT | 0.000% | +0.0100% | 8h | $1.8M | $3.9M | 50x | as long as short |
| GMX WLD/USD [ETH-USDC] | +0.021% | L +0.0187% / S −0.1014% | 1h | $5K | — | 100x | as long as short |
| Deribit WLD_USDC-PERPETUAL | +0.023% | 0.0000% | 1h | $121K | $746K | 25x | as long as short |
| BloFin WLD-USDT | +0.023% | +0.0086% | 8h | $4.9M | $1.2M | 75x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.045% | +0.0264% | 1h | $268K | $1.8M | 50x | as long as short |
| edgeX WLDUSDC | +0.067% | +0.0100% | 4h | $26K | $314K | 20x | as long as short |
| Kraken Futures PF_WLDUSDshort | +0.073% | −0.0033% | 1h | $778K | $1.9M | 50x | |
| Backpack WLD_USDC_PERP | +0.086% | +0.0100% | 1h | $131K | $318K | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.091% | +0.0100% | 1h | $58K | $218K | 50x | as long as short |
| SunX WLD-USDT | +0.091% | +0.0100% | 8h | $22K | $1.4M | 50x | as long as short |
| Reya WLDRUSDPERP | +0.180% | +0.0134% | 1h | — | — | 20x | as long as short |
| KuCoin WLDUSDTM | +0.182% | +0.0034% | 8h | $6.9M | $12.1M | 50x | as long as short |
| Extended WLD-USD | +0.190% | +0.0104% | 1h | $127K | $658K | 10x | as long as short |
| Aster WLDUSDT | +0.192% | +0.0036% | 8h | $356K | $781K | 50x | as long as short |
| Hyperliquid WLD | +0.193% | +0.0100% | 1h | $45.7M | $38.6M | 10x | as long as short |
| dYdX WLD-USD | +0.202% | +0.0053% | 1h | $152K | $5K | 10x | as long as short |
| Bitget WLDUSDT | +0.204% | +0.0059% | 8h | $29.0M | $25.0M | 75x | as long as short |
| Bybit WLDUSDT | +0.227% | −0.0075% | 8h | $63.3M | $74.8M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.227% | −0.0010% | 8h | $33.4M | $130.8M | 50x | as long as short |
| MEXC WLD_USDT | +0.227% | −0.0033% | 8h | $40.8M | $46.5M | 300x | as long as short |
| Gate WLD_USDT | +0.250% | +0.0030% | 8h | $7.1M | $33.7M | 75x | as long as short |
| BingX WLD-USDC | +0.250% | +0.0064% | 8h | — | $1.3M | — | as long as short |
| Binance WLDUSDT | +0.259% | −0.0034% | 8h | $81.4M | $270.2M | 75x | as long as short |
| Pacifica WLD | +0.268% | +0.0100% | 1h | $74K | $493K | 5x | as long as short |
| Polymarket Perps WLD-USD | +0.304% | +0.0100% | 1h | $50K | $1.7M | 10x | as long as short |
| Lighter WLD | +0.390% | +0.0096% | 1h | $4.8M | $1.1M | 10x | as long as short |