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

WLD

all WLD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.1104%/8h= +120.8% APRnext payment +$1.38 per $10,000 · paid last 24h +0.375%
Price spread now: GMX against gTrade (Gains Network)−0.013%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$33 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) WLD/USD0.4492L +0.0003% / S −0.0003%pay 0.0000% / 1h10m 24s$65K150x
ShortGMX WLD/USD [ETH-USDC]0.4491L +0.0223% / S −0.1107%get 0.0138% / 1h10m 24s$5K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against gTrade (Gains Network). 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
$231.76
Price spread: −0.013% → 0.000%
−$1.34
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee GMX: 6 bp × 2 orders
−$12
Net
$208.42
Costs to cover
0.220%
Break-even
0.7 days
Slippage unknown: gTrade (Gains Network): no order-book sample; 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 gTrade (Gains Network) no order-book sample
Sell GMX no order-book sample
gTrade (Gains Network) and 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 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_WLDUSD−0.0186%1h0.4493+0.038%$845K$2.6M50xas long as short
Nado WLD-PERP−0.0120%1h0.4486−0.116%$234K$132K5xas long as short
Polymarket Perps WLD-USD−0.0103%1h0.4490−0.047%$38K$2.5M10xas long as short
Gate WLD_USDT−0.0090%8h0.4491−0.016%$7.1M$31.0M75xas long as short
Bybit WLDUSDT−0.0056%8h0.4489−0.061%$64.2M$84.0M50xas long as short
KuCoin WLDUSDTM−0.0028%8h0.4489−0.061%$6.6M$10.1M50xas long as short
Variational Omni WLD−0.0005%8h0.4487−0.099%$2.1M$1.4Mas long as short
dYdX WLD-USD0.0000%1h0.4491−0.024%$153K$31K10xas long as short
Kalshi KXWLDPERP0.0000%8h0.4493+0.028%$40K$4.1M1.7xas long as short
Deribit WLD_USDC-PERPETUAL0.0000%1h0.4490−0.039%$106K$1.0M25xas long as short
Show all 38 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) WLD/USDlongL +0.0003% / S −0.0003%1h0.4492long leg$65K150x
Injective WLD/USDC PERP+0.0033%1h0.4477−0.328%$6K$185K5.5xas long as short
Phoenix WLD+0.0036%1h0.4493+0.028%$4K$41K10xas long as short
Orderly PERP_WLD_USDC+0.0069%8h0.4488−0.083%$27K$113K10xas long as short
OKX WLD-USDT-SWAP+0.0079%8h0.4488−0.083%$34.7M$140.7M50xas long as short
01 Exchange WLDUSD+0.0080%1h0.4493+0.028%$321$555xas long as short
Lighter WLD+0.0096%1h0.4497+0.108%$4.9M$3.0M10xas long as short
Aster WLDUSDT+0.0100%8h0.4491−0.026%$211K$905K50xas long as short
Pacifica WLD+0.0100%1h0.4493+0.024%$64K$505K5xas long as short
Binance WLDUSDT+0.0100%8h0.4490−0.032%$85.2M$309.1M75xas long as short
MEXC WLD_USDT+0.0100%8h0.4489−0.061%$42.5M$56.2M300xas long as short
Bitget WLDUSDT+0.0100%8h0.4488−0.083%$29.4M$28.0M75xas long as short
BingX WLD-USDC+0.0100%8h0.4490−0.039%$1.3Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4490−0.041%$127K$274K10xas long as short
edgeX WLDUSDC+0.0100%4h0.4491−0.021%$27K$321K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4495+0.063%$594K$2.4M10xas long as short
ApeX Omni WLDUSDT+0.0100%1h0.4491−0.016%$48K$248K50xas long as short
SunX WLD-USDT+0.0100%8h0.4494+0.051%$23K$1.4M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4489−0.061%$207$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4485−0.150%$822K$1.1M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4491−0.016%$1.7M$3.5M50xas long as short
Extended WLD-USD+0.0104%1h0.4489−0.062%$212K$645K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4490−0.039%$30K$5003xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4487−0.099%20xas long as short
BloFin WLD-USDT+0.0220%8h0.4491−0.016%$4.8M$872K75xas long as short
GMX WLD/USD [ETH-USDC]shortL +0.0223% / S −0.1107%1h0.4491−0.013%$5K100x
Coinbase International WLD-PERP-INTX+0.0264%1h0.4497+0.117%$272K$972K50xas long as short
Hyperliquid WLD+0.0573%1h0.4498+0.135%$52.1M$28.3M10xas long as short