Settings8H · net · $10k
Funding arb · Price arb /

WLD

all WLD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0431%/8h= +47.2% APRnext payment +$0.54 per $10,000 · paid last 24h +0.250%
Price spread now: GMX against Coinbase International−0.339%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. GMX is 0.339% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.339% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$34 on $10k: about 2.6 days of funding at the current rate (+$13 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International WLD-PERP-INTX0.44970.0536pay 0.0067% / 1h23m 14s$273K$1.6M50x
ShortGMX WLD/USD [ETH-USDC]0.4482L +0.0219% / S −0.0967%get 0.0121% / 1h23m 14s$4K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against Coinbase International. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$90.53
Price spread: −0.339% → 0.000%
−$33.91
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee GMX: 6 bp × 2 orders
−$12
Net
$34.62
Costs to cover
0.220%
Break-even
4.3 days
Slippage unknown: Coinbase International: live order book, just now; GMX: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Coinbase International live order book, just now6.69 bp25.5 bp −$2633.9 bp −$339doesn't fitdoesn't fit
Sell GMX no order-book sample
GMX: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado WLD-PERP−0.0054%1h0.4481−0.345%$241K$207K5xas long as short
dYdX WLD-USD0.0000%1h0.4487−0.231%$153K$33K10xas long as short
Kalshi KXWLDPERP0.0000%8h0.4484−0.289%$69K$4.8M1.7xas long as short
Deribit WLD_USDC-PERPETUAL0.0000%1h0.4485−0.267%$143K$1.0M25xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4483−0.314%$65K150xas long as short
Polymarket Perps WLD-USD+0.0038%1h0.4479−0.396%$41K$2.4M10xas long as short
01 Exchange WLDUSD+0.0040%1h0.4481−0.349%$321$555xas long as short
KuCoin WLDUSDTM+0.0047%8h0.4480−0.378%$6.7M$11.9M50xas long as short
Lighter WLD+0.0096%1h0.4490−0.162%$4.9M$2.9M10xas long as short
Orderly PERP_WLD_USDC+0.0098%8h0.4482−0.334%$28K$798K10xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster WLDUSDT+0.0100%8h0.4484−0.282%$224K$1.1M50xas long as short
Pacifica WLD+0.0100%1h0.4486−0.244%$50K$542K5xas long as short
Binance WLDUSDT+0.0100%8h0.4483−0.311%$85.4M$338.1M75xas long as short
Bybit WLDUSDT+0.0100%8h0.4481−0.356%$63.8M$91.6M50xas long as short
OKX WLD-USDT-SWAP+0.0100%8h0.4481−0.356%$33.8M$152.4M50xas long as short
Gate WLD_USDT+0.0100%8h0.4484−0.289%$7.3M$37.3M75xas long as short
MEXC WLD_USDT+0.0100%8h0.4483−0.311%$38.9M$55.8M300xas long as short
Bitget WLDUSDT+0.0100%8h0.4481−0.356%$29.5M$30.9M75xas long as short
BingX WLD-USDT+0.0100%8h0.4481−0.356%$70.1Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4490−0.147%$133K$301K10xas long as short
Variational Omni WLD+0.0100%8h0.4475−0.495%$2.0M$1.7Mas long as short
edgeX WLDUSDC+0.0100%4h0.4470−0.595%$27K$319K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4485−0.271%$592K$2.0M10xas long as short
ApeX Omni WLDUSDT+0.0100%1h0.4473−0.534%$48K$240K50xas long as short
SunX WLD-USDT+0.0100%8h0.4486−0.245%$22K$1.6M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4484−0.289%$204$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4483−0.311%$821K$1.7M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4486−0.245%$1.8M$3.7M50xas long as short
Extended WLD-USD+0.0104%1h0.4480−0.372%$219K$999K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4484−0.282%$30K$6003xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4480−0.383%20xas long as short
Phoenix WLD+0.0142%1h0.4480−0.380%$5K$52K10xas long as short
Injective WLD/USDC PERP+0.0176%1h0.4513+0.356%$6K$185K5.5xas long as short
GMX WLD/USD [ETH-USDC]shortL +0.0219% / S −0.0967%1h0.4482−0.339%$4K100x
BloFin WLD-USDT+0.0220%8h0.4488−0.200%$4.8M$920K75xas long as short
Hyperliquid WLD+0.0252%1h0.4486−0.236%$48.5M$44.0M10xas long as short
Kraken Futures PF_WLDUSD+0.0505%1h0.4486−0.252%$853K$2.9M50xas long as short
Coinbase International WLD-PERP-INTXlong+0.0536%1h0.4497long leg$273K$1.6M50x