Funding you earn now, next payment 01:00 UTC−0.0035%/8h= −3.8% APRnext payment −$0.04 per $10,000 · paid last 24h −0.050%
Price spread now: gTrade (Gains Network) against Injective−0.548%115s7-day average — · you buy dearer than you sell
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 against this trade now: funding costs −$1 a day on $10k at the current rate, and gTrade (Gains Network) is 0.548% cheaper against Injective than usual: you would sell low and buy high (−$55 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 115 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective WLD/USDC PERP | 0.4744 | 0.0038 | pay 0.0005% / 1h | 11m 24s | $6K | $185K | 5.5x |
| Short | gTrade (Gains Network) WLD/USD | 0.4718 | L +0.0003% / S −0.0003% | get 0.0000% / 1h | 11m 24s | $56K | — | 150x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) against Injective. 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
- −$7.35
- Price spread: −0.548% → 0.000%
- −$54.81
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$72.18
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Injective: live order book, 28 min ago; gTrade (Gains Network): no order-book sample. 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 Injective live order book, 28 min ago | 71.71 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
gTrade (Gains Network): 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 | −0.0160% | 8h | 0.4749 | +0.105% | $22K | $4.0M | 1.7x | as long as short |
| Phemex WLDUSDT | −0.0059% | 8h | 0.4733 | −0.232% | $1.9M | $3.7M | 50x | as long as short |
| Nado WLD-PERP | −0.0026% | 1h | 0.4723 | −0.453% | $274K | $178K | 5x | as long as short |
| KuCoin WLDUSDTM | −0.0011% | 8h | 0.4721 | −0.485% | $7.1M | $11.1M | 50x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4725 | −0.407% | $169K | $12K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4738 | −0.126% | $136K | $863K | 25x | as long as short |
| gTrade (Gains Network) WLD/USDshort | L +0.0003% / S −0.0003% | 1h | 0.4718 | −0.548% | $56K | — | 150x | |
| Injective WLD/USDC PERPlong | +0.0038% | 1h | 0.4744 | long leg | $6K | $185K | 5.5x | |
| Orderly PERP_WLD_USDC | +0.0050% | 8h | 0.4715 | −0.611% | $29K | $900K | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4726 | −0.382% | $211K | $983K | 50x | as long as short |
Show all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica WLD | +0.0100% | 1h | 0.4727 | −0.363% | $55K | $482K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4718 | −0.538% | $90.3M | $310.5M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4715 | −0.611% | $68.2M | $83.5M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4715 | −0.611% | $35.9M | $149.6M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4718 | −0.548% | $7.6M | $36.5M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4720 | −0.506% | $49.4M | $54.9M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4716 | −0.590% | $31.6M | $27.3M | 75x | as long as short |
| BingX WLD-USDC | +0.0100% | 8h | 0.4718 | −0.548% | — | $1.3M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4735 | −0.198% | $140K | $277K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4717 | −0.575% | $2.1M | $1.7M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4762 | +0.388% | $28K | $318K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4749 | +0.113% | $627K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4768 | +0.506% | $58K | $232K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4725 | −0.401% | $49K | $1.7M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4745 | +0.021% | $24K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4735 | −0.190% | $232 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4741 | −0.063% | $901K | $1.9M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4717 | −0.560% | $218K | $894K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4718 | −0.555% | $32K | $600 | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4721 | −0.489% | — | — | 20x | as long as short |
| Phoenix WLD | +0.0157% | 1h | 0.4749 | +0.114% | $5K | $53K | 10x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4751 | +0.148% | $5.0M | $883K | 75x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0239% / S −0.1538% | 1h | 0.4718 | −0.559% | $6K | — | 100x | as long as short |
| 01 Exchange WLDUSD | +0.0248% | 1h | 0.4727 | −0.367% | $338 | $77 | 5x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0318% | 1h | 0.4739 | −0.102% | $939K | $2.7M | 50x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0448% | 1h | 0.4749 | +0.105% | $278K | $1.7M | 50x | as long as short |
| Hyperliquid WLD | +0.0875% | 1h | 0.4732 | −0.255% | $53.1M | $44.1M | 10x | as long as short |
| Lighter WLD | +0.1040% | 1h | 0.4737 | −0.152% | $5.4M | $2.0M | 10x | as long as short |
Injective WLD/USDC PERP
gTrade (Gains Network) WLD/USD
Kalshi KXWLDPERP
Phemex WLDUSDT
KuCoin WLDUSDTM
Deribit WLD_USDC-PERPETUAL
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
Extended WLD-USD
Phoenix WLD
BloFin WLD-USDT
GMX WLD/USD [ETH-USDC]
01 Exchange WLDUSD
Kraken Futures PF_WLDUSD
Coinbase International WLD-PERP-INTX
Hyperliquid WLD
Lighter WLD