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
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
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).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX WLD/USD [ETH-USDC] | 0.4584 | L +0.0229% / S −0.1268% | pay 0.0029% / 1h | 12m 08s | $5K | — | 100x |
| Short | Kraken Futures PF_WLDUSD | 0.4587 | 0.0478 | get 0.0060% / 1h | 12m 08s | $886K | $2.8M | 50x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy GMX no order-book sample | — | — | — | — | — |
| Sell Kraken Futures live order book, 2 min ago | 6.55 bp | 15.6 bp −$16 | 23.3 bp −$233 | 1049.7 bp −$105.0K | 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 | −0.0048% | 1h | 0.4580 | −0.097% | $243K | $205K | 5x | as long as short |
| KuCoin WLDUSDTM | −0.0004% | 8h | 0.4584 | −0.010% | $7.0M | $11.7M | 50x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4581 | −0.071% | $156K | $33K | 10x | as long as short |
| Kalshi KXWLDPERP | 0.0000% | 8h | 0.4581 | −0.075% | $46K | $4.6M | 1.7x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4585 | +0.012% | $119K | $942K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4584 | −0.014% | $66K | — | 150x | as long as short |
| Injective WLD/USDC PERP | +0.0014% | 1h | 0.4583 | −0.031% | $6K | $185K | 5.5x | as long as short |
| Orderly PERP_WLD_USDC | +0.0096% | 8h | 0.4583 | −0.031% | $28K | $886K | 10x | as long as short |
| Lighter WLD | +0.0096% | 1h | 0.4588 | +0.086% | $5.0M | $2.4M | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4582 | −0.062% | $211K | $1.1M | 50x | as long as short |
Show all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica WLD | +0.0100% | 1h | 0.4581 | −0.081% | $49K | $527K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4584 | −0.011% | $86.9M | $328.4M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4585 | +0.012% | $65.2M | $89.3M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4586 | +0.034% | $34.4M | $150.1M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4585 | +0.012% | $7.2M | $37.0M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4586 | +0.034% | $44.1M | $54.5M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4586 | +0.034% | $30.3M | $30.2M | 75x | as long as short |
| BingX WLD-USDC | +0.0100% | 8h | 0.4584 | −0.010% | — | $1.3M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4587 | +0.047% | $137K | $300K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4578 | −0.147% | $2.1M | $1.7M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4575 | −0.205% | $27K | $321K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4576 | −0.184% | $602K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4573 | −0.250% | $43K | $239K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4579 | −0.112% | $40K | $2.1M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4590 | +0.121% | $23K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4583 | −0.031% | $171 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4574 | −0.228% | $836K | $1.8M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4587 | +0.056% | $1.8M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4583 | −0.037% | $220K | $981K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4585 | +0.007% | $31K | $600 | 3x | as long as short |
| 01 Exchange WLDUSD | +0.0128% | 1h | 0.4583 | −0.038% | $328 | $80 | 5x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4580 | −0.092% | — | — | 20x | as long as short |
| Phoenix WLD | +0.0158% | 1h | 0.4586 | +0.043% | $5K | $52K | 10x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4584 | −0.010% | $4.9M | $833K | 75x | as long as short |
| GMX WLD/USD [ETH-USDC]long | L +0.0229% / S −0.1268% | 1h | 0.4584 | long leg | $5K | — | 100x | |
| Hyperliquid WLD | +0.0329% | 1h | 0.4588 | +0.073% | $50.4M | $43.3M | 10x | as long as short |
| Kraken Futures PF_WLDUSDshort | +0.0478% | 1h | 0.4587 | +0.060% | $886K | $2.8M | 50x | |
| Coinbase International WLD-PERP-INTX | +0.0496% | 1h | 0.4593 | +0.187% | $269K | $1.7M | 50x | as long as short |
GMX WLD/USD [ETH-USDC]
Kraken Futures PF_WLDUSD
KuCoin WLDUSDTM
Kalshi KXWLDPERP
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
Injective WLD/USDC PERP
Lighter WLD
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
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
01 Exchange WLDUSD
Phoenix WLD
BloFin WLD-USDT
Hyperliquid WLD
Coinbase International WLD-PERP-INTX