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

WLD

all WLD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.2221%/8h= +243.2% APRnext payment +$2.78 per $10,000 · paid last 24h +0.340%
Price spread now: GMX against Deribit−0.025%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 0.025% cheaper against Deribit than usual: you would sell low and buy high (spread −0.025% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about under an hour of funding at the current rate (+$67 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit WLD_USDC-PERPETUAL0.46260get 0.0000% / 1h52m 41s$110K$881K25x
ShortGMX WLD/USD [ETH-USDC]0.4625L +0.0261% / S −0.2221%get 0.0278% / 1h52m 41s$9K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against Deribit. 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
$466.49
Price spread: −0.025% → 0.000%
−$2.49
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee GMX: 6 bp × 2 orders
−$12
Net
$445
Costs to cover
0.190%
Break-even
0.3 days
Slippage unknown: Deribit: live order book, 26 min ago; 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 Deribit live order book, 26 min ago4.37 bp7.9 bp −$816.8 bp −$168doesn'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
Kalshi KXWLDPERP−0.0243%8h0.46260.000%$42K$3.8M1.7xas long as short
dYdX WLD-USD0.0000%1h0.4618−0.180%$165K$13K10xas long as short
Deribit WLD_USDC-PERPETUALlong0.0000%1h0.4626long leg$110K$881K25x
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4626−0.007%$58K150xas long as short
Orderly PERP_WLD_USDC+0.0010%8h0.46260.000%$28K$909K10xas long as short
KuCoin WLDUSDTM+0.0015%8h0.4617−0.195%$7.1M$10.9M50xas long as short
Nado WLD-PERP+0.0076%1h0.4625−0.032%$278K$169K5xas long as short
Aster WLDUSDT+0.0100%8h0.4620−0.127%$196K$1.0M50xas long as short
Pacifica WLD+0.0100%1h0.4621−0.116%$53K$481K5xas long as short
Binance WLDUSDT+0.0100%8h0.4619−0.152%$87.5M$298.5M75xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit WLDUSDT+0.0100%8h0.4619−0.151%$66.1M$82.3M50xas long as short
OKX WLD-USDT-SWAP+0.0100%8h0.4619−0.151%$34.5M$143.0M50xas long as short
Gate WLD_USDT+0.0100%8h0.4621−0.108%$7.5M$35.2M75xas long as short
MEXC WLD_USDT+0.0100%8h0.4620−0.130%$49.7M$51.5M300xas long as short
Bitget WLDUSDT+0.0100%8h0.4619−0.151%$30.5M$25.7M75xas long as short
BingX WLD-USDT+0.0100%8h0.4618−0.173%$67.9Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4626+0.002%$131K$269K10xas long as short
Variational Omni WLD+0.0100%8h0.4623−0.068%$2.1M$1.6Mas long as short
edgeX WLDUSDC+0.0100%4h0.4624−0.041%$27K$315K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4635+0.193%$626K$1.9M10xas long as short
ApeX Omni WLDUSDT+0.0100%1h0.4624−0.043%$56K$228K50xas long as short
Polymarket Perps WLD-USD+0.0100%1h0.4628+0.054%$42K$1.6M10xas long as short
SunX WLD-USDT+0.0100%8h0.4632+0.130%$23K$1.5M50xas long as short
SoDEX WLD-USD+0.0100%1h0.46260.000%$208$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4624−0.043%$873K$1.8M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4624−0.043%$1.8M$3.7M50xas long as short
Extended WLD-USD+0.0104%1h0.4618−0.171%$237K$859K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4627+0.032%$31K$5K3xas long as short
Phoenix WLD+0.0104%1h0.4632+0.141%$5K$53K10xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4625−0.019%20xas long as short
BloFin WLD-USDT+0.0220%8h0.4625−0.022%$4.9M$824K75xas long as short
GMX WLD/USD [ETH-USDC]shortL +0.0261% / S −0.2221%1h0.4625−0.025%$9K100x
01 Exchange WLDUSD+0.0272%1h0.4627+0.017%$331$775xas long as short
Injective WLD/USDC PERP+0.0373%1h0.4612−0.303%$6K$185K5.5xas long as short
Coinbase International WLD-PERP-INTX+0.0440%1h0.4638+0.259%$276K$1.7M50xas long as short
Hyperliquid WLD+0.0613%1h0.4625−0.032%$50.3M$42.8M10xas long as short
Kraken Futures PF_WLDUSD+0.0710%1h0.4631+0.100%$924K$2.6M50xas long as short
Lighter WLD+0.1560%1h0.4631+0.104%$5.2M$2.0M10xas long as short