Spread before costs (cost unknown: a leg has no order-book sample)−0.011%
7d average—if it closes, per $10,000$1funding while held, a day+$6.24
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni WLD | 0.4344 | −0.0226 | get 0.0226% / 8h | 5h 36m | $2.0M | $1.4M | — |
| Short | Phoenix WLD | 0.4343 | −0.0019 | pay 0.0002% / 1h | 36m 59s | $2K | $48K | 10x |
Variational Omni WLD
Phoenix WLDPrice 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
- −$1.14
- Funding while held
- $6.24
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$1.9
- Spread needed to break even
- 0.070%
Slippage unknown: Variational Omni: RFQ quote, 4 min ago; Phoenix: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0208%
- Per $10,000 a day
- +$6.24
- 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 Variational Omni RFQ quote, 4 min ago | 5.76 bp | doesn't fit | 15.0 bp −$150 | doesn't fit | doesn't fit |
| Sell Phoenix no order-book sample | — | — | — | — | — |
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 price on every exchange
against the cheapest. Click to use as the short leg.Injective0.4306cheapestOKX0.4332+0.604%MEXC0.4332+0.604%Extended0.4333+0.623%Bybit0.4333+0.627%BingX0.4333+0.627%Binance0.4334+0.647%KuCoin0.4334+0.650%Orderly0.4334+0.650%Gate0.4335+0.673%Bitget0.4335+0.673%SoDEX0.4335+0.673%Reya0.4335+0.678%Aevo0.4335+0.680%GMX0.4336+0.688%Kalshi0.4336+0.697%HTX0.4336+0.697%Phemex0.4336+0.697%Hyperliquid0.4336+0.704%Backpack0.4337+0.715%gTrade (Gains Network)0.4337+0.718%Nado0.4337+0.720%Deribit0.4337+0.720%BloFin0.4337+0.720%Pacifica0.4338+0.743%01 Exchange0.4338+0.750%Polymarket Perps0.4338+0.752%Aster0.4339+0.772%Kraken Futures0.4340+0.783%dYdX0.4340+0.794%edgeX0.4341+0.815%Lighter0.4342+0.834%SunX0.4342+0.836%
Injective
OKX
MEXC
Extended
Bybit
BingX
Binance
KuCoin
Orderly
Gate
Bitget
SoDEX
Reya
Aevo
GMX
HTX
Phemex
Hyperliquid
Backpack
gTrade (Gains Network)
Nado
Deribit
BloFin
Pacifica
Polymarket Perps
Aster
Kraken Futures
dYdX
Lighter
SunXPhoenix0.4343+0.864%
Variational Omni0.4344+0.875%
ApeX Omni0.4344+0.882%Coinbase International0.4351+1.045%
ApeX Omni
Coinbase InternationalWLD on 37 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective WLD/USDC PERP | −0.868% | +0.0070% | 1h | $5K | $193 | 5.5x | as long as short |
| OKX WLD-USDT-SWAP | −0.269% | −0.0015% | 8h | $32.8M | $123.2M | 50x | as long as short |
| MEXC WLD_USDT | −0.269% | −0.0047% | 8h | $41.7M | $42.1M | 300x | as long as short |
| Extended WLD-USD | −0.250% | +0.0072% | 1h | $148K | $554K | 10x | as long as short |
| Bybit WLDUSDT | −0.246% | −0.0224% | 8h | $61.7M | $69.3M | 50x | as long as short |
| BingX WLD-USDC | −0.246% | +0.0100% | 8h | — | $1.3M | — | as long as short |
| Binance WLDUSDT | −0.227% | −0.0049% | 8h | $77.9M | $262.3M | 75x | as long as short |
| KuCoin WLDUSDTM | −0.223% | −0.0025% | 8h | $7.2M | $10.1M | 50x | as long as short |
| Orderly PERP_WLD_USDC | −0.223% | −0.0027% | 8h | $27K | $932K | 10x | as long as short |
| Gate WLD_USDT | −0.200% | +0.0017% | 8h | $7.2M | $32.3M | 75x | as long as short |
Show all 37 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bitget WLDUSDT | −0.200% | +0.0100% | 8h | $28.3M | $24.0M | 75x | as long as short |
| SoDEX WLD-USD | −0.200% | +0.0100% | 1h | $186 | $5K | 10x | as long as short |
| Reya WLDRUSDPERP | −0.196% | +0.0134% | 1h | — | — | 20x | as long as short |
| Aevo WLD-PERP | −0.193% | +0.0072% | 1h | $29K | $5K | 3x | as long as short |
| GMX WLD/USD [ETH-USDC] | −0.185% | L +0.0206% / S −0.1501% | 1h | $7K | — | 100x | as long as short |
| Kalshi KXWLDPERP | −0.177% | −0.0127% | 8h | $104K | $3.6M | 1.7x | as long as short |
| HTX WLD-USDT | −0.177% | +0.0100% | 8h | $804K | $1.7M | 50x | as long as short |
| Phemex WLDUSDT | −0.177% | +0.0100% | 8h | $1.8M | $3.8M | 50x | as long as short |
| Hyperliquid WLD | −0.170% | +0.0100% | 1h | $43.5M | $36.7M | 10x | as long as short |
| Backpack WLD_USDC_PERP | −0.159% | −0.0196% | 1h | $127K | $285K | 10x | as long as short |
| gTrade (Gains Network) WLD/USD | −0.156% | L +0.0003% / S −0.0003% | 1h | $56K | — | 150x | as long as short |
| Nado WLD-PERP | −0.154% | −0.0071% | 1h | $339K | $160K | 5x | as long as short |
| Deribit WLD_USDC-PERPETUAL | −0.154% | 0.0000% | 1h | $123K | $777K | 25x | as long as short |
| BloFin WLD-USDT | −0.154% | +0.0071% | 8h | $4.6M | $964K | 75x | as long as short |
| Pacifica WLD | −0.131% | +0.0100% | 1h | $58K | $482K | 5x | as long as short |
| 01 Exchange WLDUSD | −0.124% | 0.0000% | 1h | $310 | $77 | 5x | as long as short |
| Polymarket Perps WLD-USD | −0.122% | +0.0100% | 1h | $49K | $1.9M | 10x | as long as short |
| Aster WLDUSDT | −0.103% | +0.0100% | 8h | $224K | $915K | 50x | as long as short |
| Kraken Futures PF_WLDUSD | −0.092% | +0.0338% | 1h | $877K | $2.4M | 50x | as long as short |
| dYdX WLD-USD | −0.081% | +0.0007% | 1h | $149K | $4K | 10x | as long as short |
| edgeX WLDUSDC | −0.060% | +0.0100% | 4h | $26K | $314K | 20x | as long as short |
| Lighter WLD | −0.041% | +0.0096% | 1h | $4.7M | $1.2M | 10x | as long as short |
| SunX WLD-USDT | −0.039% | +0.0100% | 8h | $22K | $1.4M | 50x | as long as short |
| Phoenix WLDshort | −0.011% | −0.0019% | 1h | $2K | $48K | 10x | |
| Variational Omni WLDlong | 0.000% | −0.0226% | 8h | $2.0M | $1.4M | — | |
| ApeX Omni WLDUSDT | +0.007% | +0.0100% | 1h | $63K | $221K | 50x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.168% | +0.0344% | 1h | $263K | $1.5M | 50x | as long as short |