Funding you earn now, next payment 05:00 UTC−0.0129%/8h= −14.2% APRpaid last 24h −0.029%
Price spread now: edgeX against GMX−0.111%50s7-day average — · you buy dearer than you sell
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
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and edgeX is 0.111% cheaper against GMX than usual: you would sell low and buy high (−$11 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 50 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 | GMX WLD/USD [ETH-USDC] | 0.4577 | L +0.0229% / S −0.1268% | pay 0.0029% / 1h | 45m 34s | $5K | — | 100x |
| Short | edgeX WLDUSDC | 0.4572 | 0.0100 | get 0.0050% / 4h | 3h 45m | $27K | $320K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- −$27.15
- Price spread: −0.111% → 0.000%
- −$11.08
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$59.22
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; edgeX: live order book, 8 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 edgeX live order book, 8 min ago | 5.42 bp | 9.9 bp −$10 | 20.0 bp −$200 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Nado WLD-PERP | −0.0012% | 1h | 0.4582 | +0.100% | $243K | $205K | 5x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4579 | +0.025% | $156K | $33K | 10x | as long as short |
| Kalshi KXWLDPERP | 0.0000% | 8h | 0.4573 | −0.097% | $49K | $4.7M | 1.7x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4578 | +0.008% | $66K | — | 150x | as long as short |
| KuCoin WLDUSDTM | +0.0015% | 8h | 0.4577 | −0.009% | $6.9M | $11.7M | 50x | as long as short |
| Orderly PERP_WLD_USDC | +0.0100% | 8h | 0.4578 | +0.012% | $28K | $884K | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4578 | +0.012% | $210K | $1.1M | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4579 | +0.038% | $49K | $524K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4579 | +0.034% | $87.1M | $329.6M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4579 | +0.034% | $65.2M | $89.9M | 50x | as long as short |
Show all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4582 | +0.100% | $34.7M | $151.7M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4577 | −0.009% | $7.3M | $36.3M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4577 | −0.009% | $43.4M | $54.3M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4580 | +0.056% | $30.3M | $30.3M | 75x | as long as short |
| BingX WLD-USDC | +0.0100% | 8h | 0.4577 | −0.009% | — | $1.3M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4579 | +0.043% | $137K | $302K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4577 | −0.016% | $2.1M | $1.6M | — | as long as short |
| edgeX WLDUSDCshort | +0.0100% | 4h | 0.4572 | −0.111% | $27K | $320K | 20x | |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4580 | +0.046% | $610K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4573 | −0.097% | $43K | $238K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4581 | +0.085% | $40K | $2.1M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4585 | +0.165% | $23K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4579 | +0.034% | $208 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4567 | −0.228% | $835K | $1.8M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4579 | +0.034% | $1.8M | $3.6M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4575 | −0.059% | $220K | $981K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4578 | +0.018% | $31K | $600 | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4582 | +0.094% | — | — | 20x | as long as short |
| Injective WLD/USDC PERP | +0.0142% | 1h | 0.4564 | −0.293% | $6K | $185K | 5.5x | as long as short |
| Phoenix WLD | +0.0157% | 1h | 0.4579 | +0.030% | $5K | $52K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | +0.0187% | 1h | 0.4580 | +0.056% | $124K | $959K | 25x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4571 | −0.140% | $4.8M | $863K | 75x | as long as short |
| GMX WLD/USD [ETH-USDC]long | L +0.0229% / S −0.1268% | 1h | 0.4577 | long leg | $5K | — | 100x | |
| 01 Exchange WLDUSD | +0.0328% | 1h | 0.4583 | +0.122% | $328 | $55 | 5x | as long as short |
| Hyperliquid WLD | +0.0498% | 1h | 0.4590 | +0.264% | $50.5M | $43.4M | 10x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0518% | 1h | 0.4581 | +0.071% | $883K | $2.8M | 50x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0560% | 1h | 0.4581 | +0.078% | $269K | $1.7M | 50x | as long as short |
| Lighter WLD | +0.0920% | 1h | 0.4586 | +0.176% | $5.1M | $2.6M | 10x | as long as short |
GMX WLD/USD [ETH-USDC]
edgeX WLDUSDC
Kalshi KXWLDPERP
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-USDC
Backpack WLD_USDC_PERP
Variational Omni WLD
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
Injective WLD/USDC PERP
Phoenix WLD
Deribit WLD_USDC-PERPETUAL
BloFin WLD-USDT
01 Exchange WLDUSD
Hyperliquid WLD
Kraken Futures PF_WLDUSD
Coinbase International WLD-PERP-INTX
Lighter WLD