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
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
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX WLD/USD [ETH-USDC] | 0.4604 | L +0.0261% / S −0.2221% | pay 0.0033% / 1h | 5m 11s | $9K | — | 100x |
| Short | Deribit WLD_USDC-PERPETUAL | 0.4605 | 0 | get 0.0000% / 1h | 5m 11s | $109K | $900K | 25x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy GMX no order-book sample | — | — | — | — | — |
| Sell Deribit live order book, 14 min ago | 4.37 bp | 7.9 bp −$8 | 13.9 bp −$139 | 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 | −0.0275% | 8h | 0.4598 | −0.128% | $61K | $3.8M | 1.7x | as long as short |
| Injective WLD/USDC PERP | −0.0079% | 1h | 0.4578 | −0.563% | $6K | $185K | 5.5x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4598 | −0.132% | $164K | $13K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUALshort | 0.0000% | 1h | 0.4605 | +0.024% | $109K | $900K | 25x | |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4604 | +0.006% | $57K | — | 150x | as long as short |
| KuCoin WLDUSDTM | +0.0006% | 8h | 0.4600 | −0.085% | $7.0M | $10.8M | 50x | as long as short |
| Orderly PERP_WLD_USDC | +0.0006% | 8h | 0.4604 | +0.002% | $28K | $911K | 10x | as long as short |
| Nado WLD-PERP | +0.0048% | 1h | 0.4605 | +0.024% | $277K | $169K | 5x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4603 | −0.012% | $195K | $999K | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4600 | −0.088% | $53K | $481K | 5x | as long as short |
Show all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance WLDUSDT | +0.0100% | 8h | 0.4603 | −0.020% | $87.1M | $297.4M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4603 | −0.020% | $66.0M | $82.0M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4601 | −0.063% | $34.5M | $142.2M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4602 | −0.041% | $7.5M | $35.4M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4603 | −0.020% | $49.6M | $52.3M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4602 | −0.041% | $30.4M | $25.5M | 75x | as long as short |
| BingX WLD-USDT | +0.0100% | 8h | 0.4603 | −0.020% | — | $67.7M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4605 | +0.024% | $130K | $269K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4593 | −0.239% | $2.1M | $1.6M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4584 | −0.426% | $27K | $316K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4591 | −0.273% | $617K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4586 | −0.389% | $55K | $228K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4608 | +0.091% | $41K | $1.6M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4610 | +0.132% | $23K | $1.5M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4603 | −0.020% | $203 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4596 | −0.172% | $868K | $1.8M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4603 | −0.020% | $1.8M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4602 | −0.050% | $241K | $855K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4606 | +0.044% | $31K | $5K | 3x | as long as short |
| Phoenix WLD | +0.0124% | 1h | 0.4597 | −0.154% | $5K | $53K | 10x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4605 | +0.021% | — | — | 20x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0185% | 1h | 0.4607 | +0.058% | $920K | $2.6M | 50x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4605 | +0.024% | $4.9M | $819K | 75x | as long as short |
| 01 Exchange WLDUSD | +0.0256% | 1h | 0.4609 | +0.115% | $330 | $77 | 5x | as long as short |
| GMX WLD/USD [ETH-USDC]long | L +0.0261% / S −0.2221% | 1h | 0.4604 | long leg | $9K | — | 100x | |
| Coinbase International WLD-PERP-INTX | +0.0424% | 1h | 0.4609 | +0.111% | $272K | $1.6M | 50x | as long as short |
| Hyperliquid WLD | +0.0673% | 1h | 0.4609 | +0.119% | $50.1M | $43.0M | 10x | as long as short |
| Lighter WLD | +0.1032% | 1h | 0.4614 | +0.226% | $5.2M | $2.1M | 10x | as long as short |
GMX WLD/USD [ETH-USDC]
Deribit WLD_USDC-PERPETUAL
Kalshi KXWLDPERP
Injective WLD/USDC PERP
gTrade (Gains Network) WLD/USD
KuCoin WLDUSDTM
Aster WLDUSDT
Pacifica WLD
Binance WLDUSDT
Bybit WLDUSDT
OKX WLD-USDT-SWAP
Gate WLD_USDT
MEXC WLD_USDT
Bitget WLDUSDT
BingX WLD-USDT
Backpack WLD_USDC_PERP
Variational Omni WLD
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
Phoenix WLD
Kraken Futures PF_WLDUSD
BloFin WLD-USDT
01 Exchange WLDUSD
Coinbase International WLD-PERP-INTX
Hyperliquid WLD
Lighter WLD