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

WLD

all WLD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0261%/8h= −28.5% APRnext payment $0.33 per $10,000 · paid last 24h −0.067%
Price spread now: Deribit against GMX+0.024%7-day average · you sell dearer than you buy
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
The price spread pays, funding is against you. Deribit is 0.024% dearer against GMX than usual: you sell high and buy low (spread +0.024% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 7 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX WLD/USD [ETH-USDC]0.4604L +0.0261% / S −0.2221%pay 0.0033% / 1h5m 11s$9K100x
ShortDeribit WLD_USDC-PERPETUAL0.46050get 0.0000% / 1h5m 11s$109K$900K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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

Funding earned
−$54.71
Price spread: +0.024% → 0.000%
$2.39
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$71.32
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; Deribit: live order book, 14 min ago. 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 GMX no order-book sample
Sell Deribit live order book, 14 min ago4.37 bp7.9 bp −$813.9 bp −$139doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kalshi KXWLDPERP−0.0275%8h0.4598−0.128%$61K$3.8M1.7xas long as short
Injective WLD/USDC PERP−0.0079%1h0.4578−0.563%$6K$185K5.5xas long as short
dYdX WLD-USD0.0000%1h0.4598−0.132%$164K$13K10xas long as short
Deribit WLD_USDC-PERPETUALshort0.0000%1h0.4605+0.024%$109K$900K25x
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4604+0.006%$57K150xas long as short
KuCoin WLDUSDTM+0.0006%8h0.4600−0.085%$7.0M$10.8M50xas long as short
Orderly PERP_WLD_USDC+0.0006%8h0.4604+0.002%$28K$911K10xas long as short
Nado WLD-PERP+0.0048%1h0.4605+0.024%$277K$169K5xas long as short
Aster WLDUSDT+0.0100%8h0.4603−0.012%$195K$999K50xas long as short
Pacifica WLD+0.0100%1h0.4600−0.088%$53K$481K5xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance WLDUSDT+0.0100%8h0.4603−0.020%$87.1M$297.4M75xas long as short
Bybit WLDUSDT+0.0100%8h0.4603−0.020%$66.0M$82.0M50xas long as short
OKX WLD-USDT-SWAP+0.0100%8h0.4601−0.063%$34.5M$142.2M50xas long as short
Gate WLD_USDT+0.0100%8h0.4602−0.041%$7.5M$35.4M75xas long as short
MEXC WLD_USDT+0.0100%8h0.4603−0.020%$49.6M$52.3M300xas long as short
Bitget WLDUSDT+0.0100%8h0.4602−0.041%$30.4M$25.5M75xas long as short
BingX WLD-USDT+0.0100%8h0.4603−0.020%$67.7Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4605+0.024%$130K$269K10xas long as short
Variational Omni WLD+0.0100%8h0.4593−0.239%$2.1M$1.6Mas long as short
edgeX WLDUSDC+0.0100%4h0.4584−0.426%$27K$316K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4591−0.273%$617K$1.9M10xas long as short
ApeX Omni WLDUSDT+0.0100%1h0.4586−0.389%$55K$228K50xas long as short
Polymarket Perps WLD-USD+0.0100%1h0.4608+0.091%$41K$1.6M10xas long as short
SunX WLD-USDT+0.0100%8h0.4610+0.132%$23K$1.5M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4603−0.020%$203$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4596−0.172%$868K$1.8M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4603−0.020%$1.8M$3.7M50xas long as short
Extended WLD-USD+0.0104%1h0.4602−0.050%$241K$855K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4606+0.044%$31K$5K3xas long as short
Phoenix WLD+0.0124%1h0.4597−0.154%$5K$53K10xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4605+0.021%20xas long as short
Kraken Futures PF_WLDUSD+0.0185%1h0.4607+0.058%$920K$2.6M50xas long as short
BloFin WLD-USDT+0.0220%8h0.4605+0.024%$4.9M$819K75xas long as short
01 Exchange WLDUSD+0.0256%1h0.4609+0.115%$330$775xas long as short
GMX WLD/USD [ETH-USDC]longL +0.0261% / S −0.2221%1h0.4604long leg$9K100x
Coinbase International WLD-PERP-INTX+0.0424%1h0.4609+0.111%$272K$1.6M50xas long as short
Hyperliquid WLD+0.0673%1h0.4609+0.119%$50.1M$43.0M10xas long as short
Lighter WLD+0.1032%1h0.4614+0.226%$5.2M$2.1M10xas long as short