WLD

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0116%/8h= −12.7% APRnext payment −$0.15 per $10,000 · paid last 24h −0.009%

Price spread now: Hyperliquid against GMX+0.049%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on GMX Short on Hyperliquid

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories

The price spread pays, funding is against you. Hyperliquid is 0.049% dearer against GMX than usual: you sell high and buy low (spread +0.049% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 34 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX WLD/USD [ETH-USDC]	0.4516	L +0.0216% / S −0.1712%	pay 0.0027% / 1h	12m 37s	$9K	—	100x
Short	Hyperliquid WLD	0.4519	0.0100	get 0.0013% / 1h	12m 37s	$46.3M	$41.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid 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

Position, each leg$Hold fordaysFee GMXbpFee HyperliquidbpOrdersPrice spread, now +0.049%Rate

Funding earned: −$24.42
Price spread: +0.049% → 0.000%: $4.87
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: −$40.55
Costs to cover: 0.210%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; Hyperliquid: live order book, 11 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy GMX no order-book sample	—	—	—	—	—
Sell Hyperliquid live order book, 11 min ago	1.10 bp	11.7 bp −$12	doesn't fit	doesn't fit	doesn'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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kalshi KXWLDPERP	−0.0482%	8h	0.4519	+0.055%	$45K	$3.8M	1.7x	as long as short
Orderly PERP_WLD_USDC	−0.0019%	8h	0.4516	−0.011%	$27K	$916K	10x	as long as short
KuCoin WLDUSDTM	−0.0002%	8h	0.4513	−0.077%	$7.0M	$10.7M	50x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4516	−0.019%	$154K	$6K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4518	+0.033%	$122K	$911K	25x	as long as short
Variational Omni WLD	+0.0001%	8h	0.4531	+0.328%	$2.1M	$1.6M	—	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4518	+0.023%	$56K	—	150x	as long as short
Nado WLD-PERP	+0.0036%	1h	0.4515	−0.033%	$269K	$168K	5x	as long as short
Phoenix WLD	+0.0052%	1h	0.4542	+0.562%	$5K	$52K	10x	as long as short
OKX WLD-USDT-SWAP	+0.0080%	8h	0.4514	−0.055%	$33.7M	$137.3M	50x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC WLD_USDT	+0.0088%	8h	0.4515	−0.033%	$52.3M	$48.0M	300x	as long as short
Binance WLDUSDT	+0.0088%	8h	0.4516	−0.015%	$84.8M	$293.0M	75x	as long as short
Hyperliquid WLDshort	+0.0100%	1h	0.4519	+0.049%	$46.3M	$41.2M	10x
Aster WLDUSDT	+0.0100%	8h	0.4517	+0.016%	$214K	$982K	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4516	−0.014%	$51K	$482K	5x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4514	−0.055%	$64.4M	$80.4M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4512	−0.100%	$7.3M	$34.8M	75x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4514	−0.055%	$29.9M	$25.1M	75x	as long as short
BingX WLD-USDT	+0.0100%	8h	0.4515	−0.033%	—	$68.0M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4517	+0.007%	$128K	$269K	10x	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4531	+0.319%	$27K	$317K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4539	+0.498%	$609K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4533	+0.365%	$54K	$226K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4517	+0.013%	$51K	$1.7M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4522	+0.122%	$22K	$1.5M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4514	−0.055%	$197	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4516	−0.011%	$852K	$1.8M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4515	−0.033%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4513	−0.075%	$132K	$745K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4516	−0.008%	$31K	$5K	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4515	−0.026%	—	—	20x	as long as short
BloFin WLD-USDT	+0.0209%	8h	0.4518	+0.033%	$4.9M	$808K	75x	as long as short
GMX WLD/USD [ETH-USDC]long	L +0.0216% / S −0.1712%	1h	0.4516	long leg	$9K	—	100x
01 Exchange WLDUSD	+0.0312%	1h	0.4519	+0.062%	$323	$77	5x	as long as short
Injective WLD/USDC PERP	+0.0374%	1h	0.4542	+0.565%	$6K	$185K	5.5x	as long as short
Coinbase International WLD-PERP-INTX	+0.0400%	1h	0.4533	+0.365%	$278K	$1.6M	50x	as long as short
Lighter WLD	+0.0960%	1h	0.4526	+0.208%	$5.1M	$2.1M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.1104%	1h	0.4518	+0.043%	$920K	$2.6M	50x	as long as short