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+0.0164%/8h= +18.0% APRnext payment +$0.21 per $10,000 · paid last 24h +0.013%
Price spread now: Coinbase International against GMX+0.157%7-day average · you sell dearer than you buy
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 for this trade now. Funding pays +$5 a day on $10k at the current rate, and Coinbase International is 0.157% dearer against GMX than usual: you sell high and buy low: +$16 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX WLD/USD [ETH-USDC]0.4579L +0.0260% / S −0.2221%pay 0.0032% / 1h21m 25s$9K100x
ShortCoinbase International WLD-PERP-INTX0.45860.0424get 0.0053% / 1h21m 25s$270K$1.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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
$34.44
Price spread: +0.157% → 0.000%
$15.66
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$28.1
Costs to cover
0.220%
Break-even
1.3 days
Slippage unknown: GMX: no order-book sample; Coinbase International: live order book, 2 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 Coinbase International live order book, 2 min ago6.55 bp16.5 bp −$1621.5 bp −$215doesn't fitdoesn'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−0.0319%8h0.4573−0.127%$61K$3.8M1.7xas long as short
Injective WLD/USDC PERP−0.0079%1h0.4623+0.965%$6K$185K5.5xas long as short
dYdX WLD-USD0.0000%1h0.4584+0.121%$164K$13K10xas long as short
Deribit WLD_USDC-PERPETUAL0.0000%1h0.4582+0.069%$108K$900K25xas long as short
Orderly PERP_WLD_USDC+0.0001%8h0.4579+0.004%$28K$913K10xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4580+0.029%$57K150xas long as short
KuCoin WLDUSDTM+0.0004%8h0.4582+0.069%$7.0M$10.8M50xas long as short
Nado WLD-PERP+0.0050%1h0.4581+0.047%$276K$169K5xas long as short
Variational Omni WLD+0.0074%8h0.4588+0.199%$2.1M$1.6Mas long as short
Aster WLDUSDT+0.0100%8h0.4583+0.097%$201K$986K50xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica WLD+0.0100%1h0.4584+0.107%$53K$481K5xas long as short
Binance WLDUSDT+0.0100%8h0.4582+0.067%$86.7M$297.5M75xas long as short
Bybit WLDUSDT+0.0100%8h0.4580+0.026%$65.6M$82.1M50xas long as short
OKX WLD-USDT-SWAP+0.0100%8h0.4578−0.018%$34.3M$141.4M50xas long as short
Gate WLD_USDT+0.0100%8h0.4582+0.069%$7.5M$35.3M75xas long as short
MEXC WLD_USDT+0.0100%8h0.4583+0.091%$49.0M$52.0M300xas long as short
Bitget WLDUSDT+0.0100%8h0.4581+0.047%$30.2M$25.5M75xas long as short
BingX WLD-USDC+0.0100%8h0.4582+0.069%$1.3Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4585+0.130%$129K$270K10xas long as short
edgeX WLDUSDC+0.0100%4h0.4585+0.127%$27K$315K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4592+0.283%$617K$1.9M10xas long as short
ApeX Omni WLDUSDT+0.0100%1h0.4588+0.200%$55K$227K50xas long as short
Polymarket Perps WLD-USD+0.0100%1h0.4581+0.045%$48K$1.6M10xas long as short
SunX WLD-USDT+0.0100%8h0.4582+0.069%$23K$1.5M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4581+0.047%$205$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4577−0.040%$864K$1.8M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4580+0.026%$1.8M$3.7M50xas long as short
Extended WLD-USD+0.0104%1h0.4580+0.028%$240K$855K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4581+0.056%$31K$5K3xas long as short
Phoenix WLD+0.0124%1h0.4587+0.183%$5K$53K10xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4578−0.020%20xas long as short
Kraken Futures PF_WLDUSD+0.0186%1h0.4586+0.149%$908K$2.6M50xas long as short
BloFin WLD-USDT+0.0220%8h0.4572−0.149%$4.9M$813K75xas long as short
01 Exchange WLDUSD+0.0248%1h0.4586+0.154%$328$775xas long as short
GMX WLD/USD [ETH-USDC]longL +0.0260% / S −0.2221%1h0.4579long leg$9K100x
Coinbase International WLD-PERP-INTXshort+0.0424%1h0.4586+0.157%$270K$1.6M50x
Hyperliquid WLD+0.0776%1h0.4584+0.122%$49.8M$43.1M10xas long as short
Lighter WLD+0.0952%1h0.4595+0.355%$5.2M$2.1M10xas long as short