Funding you earn now, next payment 11:00 UTC+0.0983%/8h= +107.6% APRnext payment +$1.23 per $10,000 · paid last 24h +0.353%
Price spread now: GMX against 01 Exchange+0.081%47s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 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 +$29 a day on $10k at the current rate, and GMX is 0.081% dearer against 01 Exchange 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). The two prices were read 47 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 | 01 Exchange WLDUSD | 0.4486 | −0.0016 | get 0.0002% / 1h | 57m 54s | $321 | $55 | 5x |
| Short | GMX WLD/USD [ETH-USDC] | 0.4489 | L +0.0219% / S −0.0967% | get 0.0121% / 1h | 57m 54s | $4K | — | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against 01 Exchange. 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
- $206.45
- Price spread: +0.081% → 0.000%
- $8.14
- Slippage, 4 orders
- no order book: not counted
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $195.58
- Costs to cover
- 0.190%
- Break-even
- 0.4 days
Slippage unknown: 01 Exchange: no order-book sample; 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 01 Exchange no order-book sample | — | — | — | — | — |
| Sell GMX no order-book sample | — | — | — | — | — |
01 Exchange and 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 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_WLDUSD | −0.0192% | 1h | 0.4488 | +0.062% | $876K | $2.6M | 50x | as long as short |
| Polymarket Perps WLD-USD | −0.0148% | 1h | 0.4479 | −0.138% | $49K | $2.6M | 10x | as long as short |
| Bybit WLDUSDT | −0.0083% | 8h | 0.4484 | −0.036% | $63.9M | $85.0M | 50x | as long as short |
| Nado WLD-PERP | −0.0065% | 1h | 0.4485 | −0.002% | $235K | $159K | 5x | as long as short |
| Gate WLD_USDT | −0.0062% | 8h | 0.4487 | +0.031% | $7.0M | $30.9M | 75x | as long as short |
| 01 Exchange WLDUSDlong | −0.0016% | 1h | 0.4486 | long leg | $321 | $55 | 5x | |
| Kalshi KXWLDPERP | 0.0000% | 8h | 0.4488 | +0.054% | $51K | $4.2M | 1.7x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4489 | +0.076% | $102K | $1.1M | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4488 | +0.044% | $65K | — | 150x | as long as short |
| Injective WLD/USDC PERP | +0.0007% | 1h | 0.4477 | −0.192% | $6K | $185K | 5.5x | as long as short |
Show all 38 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin WLDUSDTM | +0.0077% | 8h | 0.4483 | −0.058% | $6.6M | $10.4M | 50x | as long as short |
| Orderly PERP_WLD_USDC | +0.0091% | 8h | 0.4488 | +0.054% | $27K | $351K | 10x | as long as short |
| Lighter WLD | +0.0096% | 1h | 0.4492 | +0.147% | $4.9M | $3.0M | 10x | as long as short |
| Hyperliquid WLD | +0.0100% | 1h | 0.4491 | +0.111% | $49.6M | $30.0M | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4490 | +0.094% | $211K | $884K | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4488 | +0.052% | $58K | $498K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4486 | +0.001% | $85.2M | $312.5M | 75x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4484 | −0.036% | $34.2M | $141.2M | 50x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4485 | −0.013% | $42.8M | $54.0M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4485 | −0.013% | $29.7M | $28.6M | 75x | as long as short |
| BingX WLD-USDT | +0.0100% | 8h | 0.4484 | −0.036% | — | $55.3M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4487 | +0.040% | $128K | $271K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4481 | −0.093% | $2.1M | $1.4M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4484 | −0.031% | $27K | $323K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4499 | +0.308% | $594K | $2.2M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4485 | −0.013% | $59K | $242K | 50x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4492 | +0.143% | $22K | $1.4M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4486 | +0.009% | $231 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4483 | −0.058% | $822K | $1.2M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4489 | +0.076% | $1.7M | $3.6M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4483 | −0.069% | $212K | $659K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4487 | +0.031% | $30K | $500 | 3x | as long as short |
| Phoenix WLD | +0.0123% | 1h | 0.4487 | +0.038% | $4K | $40K | 10x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4482 | −0.083% | — | — | 20x | as long as short |
| dYdX WLD-USD | +0.0136% | 1h | 0.4491 | +0.131% | $153K | $31K | 10x | as long as short |
| GMX WLD/USD [ETH-USDC]short | L +0.0219% / S −0.0967% | 1h | 0.4489 | +0.081% | $4K | — | 100x | |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4489 | +0.076% | $4.8M | $912K | 75x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0344% | 1h | 0.4489 | +0.076% | $273K | $978K | 50x | as long as short |
01 Exchange WLDUSD
GMX WLD/USD [ETH-USDC]
Kraken Futures PF_WLDUSD
Polymarket Perps WLD-USD
Bybit WLDUSDT
Gate WLD_USDT
Kalshi KXWLDPERP
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
Injective WLD/USDC PERP
KuCoin WLDUSDTM
Lighter WLD
Hyperliquid WLD
Aster WLDUSDT
Pacifica WLD
Binance WLDUSDT
OKX WLD-USDT-SWAP
MEXC WLD_USDT
Bitget WLDUSDT
BingX WLD-USDT
Backpack WLD_USDC_PERP
Variational Omni WLD
edgeX WLDUSDC
GRVT WLD_USDT_Perp
ApeX Omni WLDUSDT
SunX WLD-USDT
SoDEX WLD-USD
HTX WLD-USDT
Phemex WLDUSDT
Extended WLD-USD
Phoenix WLD
BloFin WLD-USDT
Coinbase International WLD-PERP-INTX