Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0116%/8h= −12.8% APRpaid last 24h −0.034%

Price spread now: Aster against GMX+0.015%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on GMX Short on Aster

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX WLD/USD [ETH-USDC]	0.4522	L +0.0216% / S −0.1712%	pay 0.0027% / 1h	6m 55s	$9K	—	100x
Short	Aster WLDUSDT	0.4523	0.0100	get 0.0100% / 8h	2h 06m	$214K	$976K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster 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

Position, each leg$Hold fordaysFee GMXbpFee AsterbpOrdersPrice spread, now +0.015%Rate

Funding earned: −$24.46
Price spread: +0.015% → 0.000%: $1.51
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Aster: 4 bp × 2 orders: −$8
Net: −$42.95
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; Aster: live order book, 16 min ago. 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 GMX no order-book sample	—	—	—	—	—
Sell Aster live order book, 16 min ago	2.20 bp	12.5 bp −$13	33.1 bp −$331	doesn't fit	doesn'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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kalshi KXWLDPERP	−0.0495%	8h	0.4524	+0.034%	$45K	$3.8M	1.7x	as long as short
Orderly PERP_WLD_USDC	−0.0017%	8h	0.4524	+0.034%	$28K	$916K	10x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4527	+0.090%	$154K	$6K	10x	as long as short
KuCoin WLDUSDTM	0.0000%	8h	0.4519	−0.077%	$7.0M	$10.7M	50x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4524	+0.034%	$122K	$911K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4523	+0.021%	$56K	—	150x	as long as short
Variational Omni WLD	+0.0006%	8h	0.4520	−0.046%	$2.1M	$1.7M	—	as long as short
Nado WLD-PERP	+0.0039%	1h	0.4520	−0.054%	$271K	$169K	5x	as long as short
Phoenix WLD	+0.0052%	1h	0.4524	+0.034%	$5K	$52K	10x	as long as short
OKX WLD-USDT-SWAP	+0.0087%	8h	0.4519	−0.077%	$33.8M	$137.7M	50x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC WLD_USDT	+0.0093%	8h	0.4515	−0.165%	$52.4M	$48.1M	300x	as long as short
Binance WLDUSDT	+0.0096%	8h	0.4517	−0.116%	$84.8M	$293.1M	75x	as long as short
Hyperliquid WLD	+0.0100%	1h	0.4526	+0.072%	$46.5M	$41.3M	10x	as long as short
Aster WLDUSDTshort	+0.0100%	8h	0.4523	+0.015%	$214K	$976K	50x
Pacifica WLD	+0.0100%	1h	0.4526	+0.078%	$51K	$481K	5x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4515	−0.165%	$64.4M	$80.4M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4521	−0.032%	$7.3M	$34.8M	75x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4515	−0.165%	$29.9M	$25.1M	75x	as long as short
BingX WLD-USDC	+0.0100%	8h	0.4517	−0.121%	—	$1.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4523	+0.016%	$128K	$270K	10x	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4522	−0.007%	$27K	$315K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4526	+0.071%	$607K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4521	−0.032%	$54K	$227K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4522	−0.008%	$51K	$1.7M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4530	+0.167%	$22K	$1.5M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4523	+0.012%	$201	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4526	+0.078%	$852K	$1.8M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4523	+0.012%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4518	−0.100%	$132K	$745K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4524	+0.034%	$31K	$5K	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4520	−0.049%	—	—	20x	as long as short
BloFin WLD-USDT	+0.0216%	8h	0.4527	+0.100%	$4.8M	$810K	75x	as long as short
GMX WLD/USD [ETH-USDC]long	L +0.0216% / S −0.1712%	1h	0.4522	long leg	$9K	—	100x
01 Exchange WLDUSD	+0.0312%	1h	0.4529	+0.149%	$324	$77	5x	as long as short
Injective WLD/USDC PERP	+0.0374%	1h	0.4542	+0.432%	$6K	$185K	5.5x	as long as short
Coinbase International WLD-PERP-INTX	+0.0400%	1h	0.4527	+0.100%	$278K	$1.6M	50x	as long as short
Lighter WLD	+0.0952%	1h	0.4533	+0.226%	$5.1M	$2.1M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.1103%	1h	0.4524	+0.037%	$920K	$2.6M	50x	as long as short