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

WLD

all WLD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0940%/8h= +102.9% APRnext payment +$1.18 per $10,000 · paid last 24h +0.328%
Price spread now: GMX against Kraken Futures−0.146%7-day average · you buy dearer than you sell
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
Funding pays, the price is against you. GMX is 0.146% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.146% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$15 on $10k: about 12 hours of funding at the current rate (+$28 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_WLDUSD0.45940.0328pay 0.0041% / 1h55m 57s$905K$2.7M50x
ShortGMX WLD/USD [ETH-USDC]0.4588L +0.0229% / S −0.1268%get 0.0159% / 1h55m 57s$5K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against Kraken Futures. 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
$197.42
Price spread: −0.146% → 0.000%
−$14.6
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee GMX: 6 bp × 2 orders
−$12
Net
$160.82
Costs to cover
0.220%
Break-even
1.3 days
Slippage unknown: Kraken Futures: live order book, 3 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
LegHalf-spread$10k$100k$1M$5M
Buy Kraken Futures live order book, 3 min ago9.83 bp23.4 bp −$2338.4 bp −$384doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kalshi KXWLDPERP−0.0208%8h0.4593−0.032%$65K$3.9M1.7xas long as short
dYdX WLD-USD0.0000%1h0.4593−0.036%$164K$13K10xas long as short
Nado WLD-PERP+0.0003%1h0.4586−0.184%$276K$169K5xas long as short
KuCoin WLDUSDTM+0.0003%8h0.4589−0.119%$7.0M$11.0M50xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4589−0.114%$56K150xas long as short
Injective WLD/USDC PERP+0.0038%1h0.4585−0.206%$6K$185K5.5xas long as short
Orderly PERP_WLD_USDC+0.0040%8h0.4588−0.141%$28K$905K10xas long as short
Aster WLDUSDT+0.0100%8h0.4591−0.084%$192K$1.0M50xas long as short
Pacifica WLD+0.0100%1h0.4593−0.043%$54K$487K5xas long as short
Binance WLDUSDT+0.0100%8h0.4583−0.255%$86.6M$304.1M75xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit WLDUSDT+0.0100%8h0.4581−0.293%$65.8M$82.7M50xas long as short
OKX WLD-USDT-SWAP+0.0100%8h0.4578−0.359%$34.4M$143.6M50xas long as short
Gate WLD_USDT+0.0100%8h0.4585−0.206%$7.5M$34.9M75xas long as short
MEXC WLD_USDT+0.0100%8h0.4584−0.228%$46.5M$53.1M300xas long as short
Bitget WLDUSDT+0.0100%8h0.4591−0.076%$30.4M$26.1M75xas long as short
BingX WLD-USDT+0.0100%8h0.4584−0.228%$67.1Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4594−0.008%$137K$283K10xas long as short
Variational Omni WLD+0.0100%8h0.4593−0.035%$2.0M$1.7Mas long as short
edgeX WLDUSDC+0.0100%4h0.4579−0.327%$27K$315K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4585−0.206%$608K$1.9M10xas long as short
ApeX Omni WLDUSDT+0.0100%1h0.4580−0.315%$55K$228K50xas long as short
Polymarket Perps WLD-USD+0.0100%1h0.4590−0.104%$48K$1.6M10xas long as short
SunX WLD-USDT+0.0100%8h0.4593−0.032%$23K$1.5M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4591−0.076%$212$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4586−0.184%$853K$1.8M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4594−0.010%$1.8M$3.7M50xas long as short
Extended WLD-USD+0.0104%1h0.4590−0.095%$231K$847K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4590−0.089%$31K$5K3xas long as short
Phoenix WLD+0.0104%1h0.4583−0.245%$5K$53K10xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4586−0.177%20xas long as short
Deribit WLD_USDC-PERPETUAL+0.0186%1h0.4592−0.054%$123K$892K25xas long as short
BloFin WLD-USDT+0.0220%8h0.4585−0.206%$4.9M$820K75xas long as short
GMX WLD/USD [ETH-USDC]shortL +0.0229% / S −0.1268%1h0.4588−0.146%$5K100x
01 Exchange WLDUSD+0.0272%1h0.4594−0.019%$329$775xas long as short
Kraken Futures PF_WLDUSDlong+0.0328%1h0.4594long leg$905K$2.7M50x
Coinbase International WLD-PERP-INTX+0.0448%1h0.4598+0.077%$273K$1.7M50xas long as short
Hyperliquid WLD+0.0795%1h0.4600+0.125%$51.0M$43.6M10xas long as short
Lighter WLD+0.1104%1h0.4602+0.159%$5.2M$2.0M10xas long as short