Funding you earn now, next payment 03:00 UTC+0.0662%/8h= +72.5% APRnext payment +$0.83 per $10,000 · paid last 24h −0.020%
Price spread now: Kraken Futures against GMX+0.080%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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—needs both histories
Both sides work for this trade now. Funding pays +$20 a day on $10k at the current rate, and Kraken Futures is 0.080% dearer against GMX than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX WLD/USD [ETH-USDC] | 0.4637 | L +0.0230% / S −0.1268% | pay 0.0029% / 1h | 31m 06s | $5K | — | 100x |
| Short | Kraken Futures PF_WLDUSD | 0.4641 | 0.0892 | get 0.0112% / 1h | 31m 06s | $901K | $2.9M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against GMX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $139.12
- Price spread: +0.080% → 0.000%
- $7.97
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $125.09
- Costs to cover
- 0.220%
- Break-even
- 0.7 days
Slippage unknown: GMX: no order-book sample; Kraken Futures: live order book, 3 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 Kraken Futures live order book, 3 min ago | 6.47 bp | 19.8 bp −$20 | 29.3 bp −$293 | 1100.1 bp −$110.0K | 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 | −0.0132% | 8h | 0.4642 | +0.102% | $52K | $4.5M | 1.7x | as long as short |
| KuCoin WLDUSDTM | −0.0038% | 8h | 0.4637 | −0.005% | $7.1M | $11.6M | 50x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4635 | −0.048% | $165K | $26K | 10x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4638 | +0.009% | $56K | — | 150x | as long as short |
| Nado WLD-PERP | +0.0019% | 1h | 0.4640 | +0.059% | $268K | $187K | 5x | as long as short |
| Orderly PERP_WLD_USDC | +0.0074% | 8h | 0.4640 | +0.059% | $28K | $893K | 10x | as long as short |
| 01 Exchange WLDUSD | +0.0088% | 1h | 0.4639 | +0.038% | $332 | $80 | 5x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4641 | +0.088% | $174K | $1.0M | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4637 | −0.005% | $49K | $511K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4637 | −0.003% | $88.1M | $324.9M | 75x | as long as short |
Show all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit WLDUSDT | +0.0100% | 8h | 0.4642 | +0.102% | $66.3M | $87.9M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4644 | +0.146% | $35.0M | $149.5M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4639 | +0.038% | $7.2M | $36.8M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4639 | +0.038% | $46.0M | $54.4M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4646 | +0.189% | $30.7M | $29.5M | 75x | as long as short |
| BingX WLD-USDC | +0.0100% | 8h | 0.4640 | +0.059% | — | $1.3M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4642 | +0.098% | $137K | $290K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4635 | −0.058% | $2.1M | $1.7M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4632 | −0.118% | $28K | $319K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4637 | −0.016% | $609K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4643 | +0.124% | $51K | $236K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4640 | +0.051% | $54K | $2.0M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4645 | +0.167% | $23K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4639 | +0.038% | $178 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4641 | +0.081% | $848K | $1.9M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4641 | +0.081% | $1.8M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4637 | −0.007% | $213K | $927K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4641 | +0.087% | $32K | $600 | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4637 | −0.002% | — | — | 20x | as long as short |
| Phoenix WLD | +0.0172% | 1h | 0.4639 | +0.046% | $5K | $57K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | +0.0181% | 1h | 0.4642 | +0.102% | $120K | $923K | 25x | as long as short |
| Lighter WLD | +0.0216% | 1h | 0.4646 | +0.189% | $5.0M | $2.3M | 10x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4641 | +0.081% | $5.0M | $805K | 75x | as long as short |
| GMX WLD/USD [ETH-USDC]long | L +0.0230% / S −0.1268% | 1h | 0.4637 | long leg | $5K | — | 100x | |
| Coinbase International WLD-PERP-INTX | +0.0480% | 1h | 0.4624 | −0.286% | $274K | $1.7M | 50x | as long as short |
| Hyperliquid WLD | +0.0483% | 1h | 0.4646 | +0.191% | $51.7M | $42.9M | 10x | as long as short |
| Injective WLD/USDC PERP | +0.0677% | 1h | 0.4616 | −0.458% | $6K | $185K | 5.5x | as long as short |
| Kraken Futures PF_WLDUSDshort | +0.0892% | 1h | 0.4641 | +0.080% | $901K | $2.9M | 50x |
GMX WLD/USD [ETH-USDC]
Kraken Futures PF_WLDUSD
Kalshi KXWLDPERP
KuCoin WLDUSDTM
gTrade (Gains Network) WLD/USD
01 Exchange WLDUSD
Aster WLDUSDT
Pacifica WLD
Binance WLDUSDT
Bybit WLDUSDT
OKX WLD-USDT-SWAP
Gate WLD_USDT
MEXC WLD_USDT
Bitget WLDUSDT
BingX WLD-USDC
Backpack WLD_USDC_PERP
Variational Omni WLD
edgeX WLDUSDC
GRVT WLD_USDT_Perp
ApeX Omni WLDUSDT
Polymarket Perps WLD-USD
SunX WLD-USDT
SoDEX WLD-USD
HTX WLD-USDT
Phemex WLDUSDT
Extended WLD-USD
Phoenix WLD
Deribit WLD_USDC-PERPETUAL
Lighter WLD
BloFin WLD-USDT
Coinbase International WLD-PERP-INTX
Hyperliquid WLD
Injective WLD/USDC PERP