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

WLD

all WLD markets
SwapBacktest
Alert: funding
Alert: spread
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
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 +$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).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX WLD/USD [ETH-USDC]0.4637L +0.0230% / S −0.1268%pay 0.0029% / 1h31m 06s$5K100x
ShortKraken Futures PF_WLDUSD0.46410.0892get 0.0112% / 1h31m 06s$901K$2.9M50x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy GMX no order-book sample
Sell Kraken Futures live order book, 3 min ago6.47 bp19.8 bp −$2029.3 bp −$2931100.1 bp −$110.0Kdoesn'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−0.0132%8h0.4642+0.102%$52K$4.5M1.7xas long as short
KuCoin WLDUSDTM−0.0038%8h0.4637−0.005%$7.1M$11.6M50xas long as short
dYdX WLD-USD0.0000%1h0.4635−0.048%$165K$26K10xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4638+0.009%$56K150xas long as short
Nado WLD-PERP+0.0019%1h0.4640+0.059%$268K$187K5xas long as short
Orderly PERP_WLD_USDC+0.0074%8h0.4640+0.059%$28K$893K10xas long as short
01 Exchange WLDUSD+0.0088%1h0.4639+0.038%$332$805xas long as short
Aster WLDUSDT+0.0100%8h0.4641+0.088%$174K$1.0M50xas long as short
Pacifica WLD+0.0100%1h0.4637−0.005%$49K$511K5xas long as short
Binance WLDUSDT+0.0100%8h0.4637−0.003%$88.1M$324.9M75xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit WLDUSDT+0.0100%8h0.4642+0.102%$66.3M$87.9M50xas long as short
OKX WLD-USDT-SWAP+0.0100%8h0.4644+0.146%$35.0M$149.5M50xas long as short
Gate WLD_USDT+0.0100%8h0.4639+0.038%$7.2M$36.8M75xas long as short
MEXC WLD_USDT+0.0100%8h0.4639+0.038%$46.0M$54.4M300xas long as short
Bitget WLDUSDT+0.0100%8h0.4646+0.189%$30.7M$29.5M75xas long as short
BingX WLD-USDC+0.0100%8h0.4640+0.059%$1.3Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4642+0.098%$137K$290K10xas long as short
Variational Omni WLD+0.0100%8h0.4635−0.058%$2.1M$1.7Mas long as short
edgeX WLDUSDC+0.0100%4h0.4632−0.118%$28K$319K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4637−0.016%$609K$1.9M10xas long as short
ApeX Omni WLDUSDT+0.0100%1h0.4643+0.124%$51K$236K50xas long as short
Polymarket Perps WLD-USD+0.0100%1h0.4640+0.051%$54K$2.0M10xas long as short
SunX WLD-USDT+0.0100%8h0.4645+0.167%$23K$1.6M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4639+0.038%$178$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4641+0.081%$848K$1.9M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4641+0.081%$1.8M$3.7M50xas long as short
Extended WLD-USD+0.0104%1h0.4637−0.007%$213K$927K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4641+0.087%$32K$6003xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4637−0.002%20xas long as short
Phoenix WLD+0.0172%1h0.4639+0.046%$5K$57K10xas long as short
Deribit WLD_USDC-PERPETUAL+0.0181%1h0.4642+0.102%$120K$923K25xas long as short
Lighter WLD+0.0216%1h0.4646+0.189%$5.0M$2.3M10xas long as short
BloFin WLD-USDT+0.0220%8h0.4641+0.081%$5.0M$805K75xas long as short
GMX WLD/USD [ETH-USDC]longL +0.0230% / S −0.1268%1h0.4637long leg$5K100x
Coinbase International WLD-PERP-INTX+0.0480%1h0.4624−0.286%$274K$1.7M50xas long as short
Hyperliquid WLD+0.0483%1h0.4646+0.191%$51.7M$42.9M10xas long as short
Injective WLD/USDC PERP+0.0677%1h0.4616−0.458%$6K$185K5.5xas long as short
Kraken Futures PF_WLDUSDshort+0.0892%1h0.4641+0.080%$901K$2.9M50x