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

WLD

all WLD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0123%/8h= −13.5% APRpaid last 24h −0.032%
Price spread now: Bitget against GMX−0.438%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
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Bitget is 0.438% cheaper against GMX than usual: you would sell low and buy high (−$44 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX WLD/USD [ETH-USDC]0.4618L +0.0223% / S −0.1831%pay 0.0028% / 1h54m 51s$9K100x
ShortBitget WLDUSDT0.45980.0100get 0.0100% / 8h2h 54m$30.4M$24.9M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against GMX. 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
−$25.84
Price spread: −0.438% → 0.000%
−$43.85
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$93.69
Costs to cover
0.240%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; Bitget: live order book, 4 min ago. 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 GMX no order-book sample
Sell Bitget live order book, 4 min ago2.16 bp9.8 bp −$1023.2 bp −$232104.9 bp −$10.5Kdoesn't fit
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−0.0340%8h0.4618−0.005%$31K$3.7M1.7xas long as short
Phoenix WLD−0.0091%1h0.4637+0.415%$5K$52K10xas long as short
Variational Omni WLD−0.0069%8h0.4630+0.265%$2.1M$1.7Mas long as short
Orderly PERP_WLD_USDC−0.0029%8h0.4619+0.016%$28K$921K10xas long as short
dYdX WLD-USD0.0000%1h0.4625+0.145%$158K$6K10xas long as short
Deribit WLD_USDC-PERPETUAL0.0000%1h0.4621+0.060%$156K$781K25xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4618+0.005%$57K150xas long as short
KuCoin WLDUSDTM+0.0013%8h0.4606−0.265%$7.0M$10.7M50xas long as short
OKX WLD-USDT-SWAP+0.0033%8h0.4599−0.417%$34.8M$137.7M50xas long as short
Bybit WLDUSDT+0.0055%8h0.4602−0.352%$67.7M$78.7M50xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado WLD-PERP+0.0076%1h0.4619+0.027%$357K$127K5xas long as short
MEXC WLD_USDT+0.0084%8h0.4603−0.330%$54.2M$46.0M300xas long as short
Binance WLDUSDT+0.0087%8h0.4604−0.303%$88.1M$288.5M75xas long as short
Aster WLDUSDT+0.0100%8h0.4618−0.012%$211K$977K50xas long as short
Pacifica WLD+0.0100%1h0.4624+0.121%$55K$475K5xas long as short
Gate WLD_USDT+0.0100%8h0.4602−0.352%$7.5M$33.9M75xas long as short
Bitget WLDUSDTshort+0.0100%8h0.4598−0.438%$30.4M$24.9M75x
BingX WLD-USDC+0.0100%8h0.4602−0.352%$1.3Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4619+0.008%$131K$282K10xas long as short
edgeX WLDUSDC+0.0100%4h0.4629+0.238%$27K$314K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4633+0.327%$627K$1.9M10xas long as short
ApeX Omni WLDUSDT+0.0100%1h0.4632+0.298%$55K$227K50xas long as short
Polymarket Perps WLD-USD+0.0100%1h0.4617−0.038%$57K$1.7M10xas long as short
SunX WLD-USDT+0.0100%8h0.4621+0.060%$23K$1.5M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4620+0.038%$201$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4618−0.005%$869K$1.7M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4620+0.038%$1.9M$3.8M50xas long as short
Extended WLD-USD+0.0104%1h0.4602−0.352%$134K$744K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4621+0.060%$31K$5K3xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4615−0.069%20xas long as short
BloFin WLD-USDT+0.0207%8h0.4616−0.049%$5.0M$884K75xas long as short
GMX WLD/USD [ETH-USDC]longL +0.0223% / S −0.1831%1h0.4618long leg$9K100x
01 Exchange WLDUSD+0.0240%1h0.4628+0.220%$331$775xas long as short
Hyperliquid WLD+0.0357%1h0.4606−0.276%$47.9M$40.3M10xas long as short
Injective WLD/USDC PERP+0.0374%1h0.4622+0.081%$6K$139K5.5xas long as short
Coinbase International WLD-PERP-INTX+0.0400%1h0.4628+0.211%$280K$1.6M50xas long as short
Lighter WLD+0.0880%1h0.4629+0.231%$5.1M$1.9M10xas long as short
Kraken Futures PF_WLDUSD+0.1079%1h0.4622+0.083%$927K$2.5M50xas long as short