Funding you earn now, next payment 22:00 UTC−0.0067%/8h= −7.3% APRnext payment −$0.08 per $10,000 · paid last 24h +0.248%
Price spread now: GMX against Injective−1.444%57s7-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 −$2 a day on $10k at the current rate, and GMX is 1.444% cheaper against Injective than usual: you would sell low and buy high (−$144 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 57 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 | 0.4622 | 0.0374 | pay 0.0047% / 1h | 34m 07s | $6K | $139K | 5.5x |
| Short | GMX WLD/USD [ETH-USDC] | 0.4555 | L +0.0217% / S −0.0307% | get 0.0038% / 1h | 34m 07s | $12K | — | 100x |
Injective WLD/USDC PERP
GMX WLD/USD [ETH-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX 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
- −$14.03
- Price spread: −1.444% → 0.000%
- −$144.42
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$170.46
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Injective: live order book, 20 min ago; GMX: 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, 20 min ago | 49.15 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
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 | −0.0538% | 8h | 0.4556 | −1.428% | $44K | $3.8M | 1.7x | as long as short |
| Variational Omni WLD | −0.0030% | 8h | 0.4535 | −1.875% | $2.1M | $1.6M | — | as long as short |
| Orderly PERP_WLD_USDC | −0.0026% | 8h | 0.4556 | −1.428% | $28K | $918K | 10x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4558 | −1.390% | $155K | $6K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4557 | −1.406% | $129K | $900K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4555 | −1.439% | $57K | — | 150x | as long as short |
| KuCoin WLDUSDTM | +0.0020% | 8h | 0.4553 | −1.493% | $7.0M | $10.7M | 50x | as long as short |
| Nado WLD-PERP | +0.0042% | 1h | 0.4556 | −1.439% | $272K | $168K | 5x | as long as short |
| Phoenix WLD | +0.0052% | 1h | 0.4536 | −1.867% | $5K | $52K | 10x | as long as short |
| OKX WLD-USDT-SWAP | +0.0063% | 8h | 0.4552 | −1.514% | $34.0M | $138.0M | 50x | as long as short |
Kalshi KXWLDPERP
Variational Omni WLD
Orderly PERP_WLD_USDC
dYdX WLD-USD
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
KuCoin WLDUSDTM
Nado WLD-PERP
Phoenix WLD
OKX WLD-USDT-SWAPShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit WLDUSDT | +0.0100% | 8h | 0.4552 | −1.514% | $65.2M | $80.1M | 50x | as long as short |
| Hyperliquid WLD | +0.0100% | 1h | 0.4556 | −1.421% | $47.1M | $40.7M | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4556 | −1.424% | $215K | $981K | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4557 | −1.406% | $51K | $482K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4552 | −1.509% | $86.0M | $291.7M | 75x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4553 | −1.493% | $7.4M | $34.4M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4552 | −1.514% | $53.0M | $47.1M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4552 | −1.514% | $30.1M | $25.1M | 75x | as long as short |
| BingX WLD-USDT | +0.0100% | 8h | 0.4554 | −1.471% | — | $67.9M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4555 | −1.460% | $129K | $275K | 10x | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4544 | −1.679% | $27K | $315K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4540 | −1.774% | $613K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4543 | −1.709% | $55K | $226K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4554 | −1.478% | $54K | $1.7M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4559 | −1.363% | $23K | $1.5M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4553 | −1.493% | $198 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4558 | −1.385% | $860K | $1.8M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4553 | −1.493% | $1.8M | $3.8M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4552 | −1.504% | $133K | $745K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4556 | −1.432% | $31K | $5K | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4553 | −1.497% | — | — | 20x | as long as short |
| GMX WLD/USD [ETH-USDC]short | L +0.0217% / S −0.0307% | 1h | 0.4555 | −1.444% | $12K | — | 100x | |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4539 | −1.796% | $4.9M | $801K | 75x | as long as short |
| Injective WLD/USDC PERPlong | +0.0374% | 1h | 0.4622 | long leg | $6K | $139K | 5.5x | |
| Coinbase International WLD-PERP-INTX | +0.0400% | 1h | 0.4544 | −1.688% | $279K | $1.6M | 50x | as long as short |
| 01 Exchange WLDUSD | +0.0456% | 1h | 0.4558 | −1.380% | $326 | $77 | 5x | as long as short |
| Lighter WLD | +0.1056% | 1h | 0.4564 | −1.257% | $5.1M | $2.0M | 10x | as long as short |
| Kraken Futures PF_WLDUSD | +0.1095% | 1h | 0.4555 | −1.444% | $924K | $2.6M | 50x | as long as short |
Bybit WLDUSDT
Hyperliquid WLD
Aster WLDUSDT
Pacifica WLD
Binance WLDUSDT
Gate WLD_USDT
MEXC WLD_USDT
Bitget WLDUSDT
BingX WLD-USDT
Backpack WLD_USDC_PERP
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
Aevo WLD-PERP
Reya WLDRUSDPERP
BloFin WLD-USDT
Coinbase International WLD-PERP-INTX
01 Exchange WLDUSD
Lighter WLD
Kraken Futures PF_WLDUSD