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

WLD

all WLD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0249%/8h= +27.3% APRnext payment +$0.31 per $10,000 · paid last 24h −0.006%
Price spread now: Kraken Futures against GMX+0.060%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
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Kraken Futures is 0.060% dearer against GMX than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX WLD/USD [ETH-USDC]0.4584L +0.0229% / S −0.1268%pay 0.0029% / 1h12m 08s$5K100x
ShortKraken Futures PF_WLDUSD0.45870.0478get 0.0060% / 1h12m 08s$886K$2.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
$52.28
Price spread: +0.060% → 0.000%
$6.04
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$36.33
Costs to cover
0.220%
Break-even
2.1 days
Slippage unknown: GMX: no order-book sample; Kraken Futures: live order book, 2 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 Kraken Futures live order book, 2 min ago6.55 bp15.6 bp −$1623.3 bp −$2331049.7 bp −$105.0Kdoesn'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
Nado WLD-PERP−0.0048%1h0.4580−0.097%$243K$205K5xas long as short
KuCoin WLDUSDTM−0.0004%8h0.4584−0.010%$7.0M$11.7M50xas long as short
dYdX WLD-USD0.0000%1h0.4581−0.071%$156K$33K10xas long as short
Kalshi KXWLDPERP0.0000%8h0.4581−0.075%$46K$4.6M1.7xas long as short
Deribit WLD_USDC-PERPETUAL0.0000%1h0.4585+0.012%$119K$942K25xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4584−0.014%$66K150xas long as short
Injective WLD/USDC PERP+0.0014%1h0.4583−0.031%$6K$185K5.5xas long as short
Orderly PERP_WLD_USDC+0.0096%8h0.4583−0.031%$28K$886K10xas long as short
Lighter WLD+0.0096%1h0.4588+0.086%$5.0M$2.4M10xas long as short
Aster WLDUSDT+0.0100%8h0.4582−0.062%$211K$1.1M50xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica WLD+0.0100%1h0.4581−0.081%$49K$527K5xas long as short
Binance WLDUSDT+0.0100%8h0.4584−0.011%$86.9M$328.4M75xas long as short
Bybit WLDUSDT+0.0100%8h0.4585+0.012%$65.2M$89.3M50xas long as short
OKX WLD-USDT-SWAP+0.0100%8h0.4586+0.034%$34.4M$150.1M50xas long as short
Gate WLD_USDT+0.0100%8h0.4585+0.012%$7.2M$37.0M75xas long as short
MEXC WLD_USDT+0.0100%8h0.4586+0.034%$44.1M$54.5M300xas long as short
Bitget WLDUSDT+0.0100%8h0.4586+0.034%$30.3M$30.2M75xas long as short
BingX WLD-USDC+0.0100%8h0.4584−0.010%$1.3Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4587+0.047%$137K$300K10xas long as short
Variational Omni WLD+0.0100%8h0.4578−0.147%$2.1M$1.7Mas long as short
edgeX WLDUSDC+0.0100%4h0.4575−0.205%$27K$321K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4576−0.184%$602K$1.9M10xas long as short
ApeX Omni WLDUSDT+0.0100%1h0.4573−0.250%$43K$239K50xas long as short
Polymarket Perps WLD-USD+0.0100%1h0.4579−0.112%$40K$2.1M10xas long as short
SunX WLD-USDT+0.0100%8h0.4590+0.121%$23K$1.6M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4583−0.031%$171$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4574−0.228%$836K$1.8M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4587+0.056%$1.8M$3.7M50xas long as short
Extended WLD-USD+0.0104%1h0.4583−0.037%$220K$981K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4585+0.007%$31K$6003xas long as short
01 Exchange WLDUSD+0.0128%1h0.4583−0.038%$328$805xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4580−0.092%20xas long as short
Phoenix WLD+0.0158%1h0.4586+0.043%$5K$52K10xas long as short
BloFin WLD-USDT+0.0220%8h0.4584−0.010%$4.9M$833K75xas long as short
GMX WLD/USD [ETH-USDC]longL +0.0229% / S −0.1268%1h0.4584long leg$5K100x
Hyperliquid WLD+0.0329%1h0.4588+0.073%$50.4M$43.3M10xas long as short
Kraken Futures PF_WLDUSDshort+0.0478%1h0.4587+0.060%$886K$2.8M50x
Coinbase International WLD-PERP-INTX+0.0496%1h0.4593+0.187%$269K$1.7M50xas long as short