WLD

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0510%/8h= +55.9% APRnext payment +$0.64 per $10,000 · paid last 24h +0.277%

Price spread now: GMX against Kraken Futures−0.053%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Kraken Futures Short on GMX

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. GMX is 0.053% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.053% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 8 hours of funding at the current rate (+$15 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_WLDUSD	0.4523	0.0457	pay 0.0057% / 1h	57m 57s	$871K	$2.8M	50x
Short	GMX WLD/USD [ETH-USDC]	0.4521	L +0.0219% / S −0.0967%	get 0.0121% / 1h	57m 57s	$4K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Kraken Futures. 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

Position, each leg$Hold fordaysFee Kraken FuturesbpFee GMXbpOrdersPrice spread, now −0.053%Rate

Funding earned: $107.2
Price spread: −0.053% → 0.000%: −$5.3
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee GMX: 6 bp × 2 orders: −$12
Net: $79.9
Costs to cover: 0.220%
Break-even: 1.8 days

Slippage unknown: Kraken Futures: live order book, 1 min ago; GMX: no order-book sample. 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 Kraken Futures live order book, 1 min ago	4.43 bp	18.7 bp −$19	29.1 bp −$291	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

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
Injective WLD/USDC PERP	−0.0309%	1h	0.4581	+1.272%	$6K	$185K	5.5x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4519	−0.096%	$154K	$32K	10x	as long as short
Kalshi KXWLDPERP	0.0000%	8h	0.4521	−0.054%	$57K	$4.7M	1.7x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4523	−0.010%	$150K	$969K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4521	−0.058%	$65K	—	150x	as long as short
Nado WLD-PERP	+0.0041%	1h	0.4518	−0.109%	$235K	$167K	5x	as long as short
Orderly PERP_WLD_USDC	+0.0098%	8h	0.4521	−0.054%	$27K	$727K	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4526	+0.063%	$226K	$1.1M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4519	−0.103%	$49K	$534K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4524	+0.003%	$86.5M	$334.0M	75x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit WLDUSDT	+0.0100%	8h	0.4523	−0.010%	$64.3M	$89.3M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4521	−0.054%	$34.2M	$151.7M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4523	−0.010%	$7.1M	$35.4M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4523	−0.010%	$40.0M	$55.8M	300x	as long as short
KuCoin WLDUSDTM	+0.0100%	8h	0.4522	−0.032%	$6.6M	$11.7M	50x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4523	−0.010%	$30.0M	$30.9M	75x	as long as short
BingX WLD-USDC	+0.0100%	8h	0.4523	−0.010%	—	$1.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4525	+0.034%	$132K	$295K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4522	−0.038%	$2.1M	$1.6M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4525	+0.044%	$27K	$321K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4526	+0.056%	$596K	$2.1M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4526	+0.056%	$48K	$239K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4519	−0.103%	$58K	$2.6M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4528	+0.101%	$23K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4521	−0.054%	$220	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4518	−0.120%	$826K	$1.5M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4524	+0.012%	$1.8M	$3.6M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4519	−0.093%	$208K	$945K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4523	−0.017%	$31K	$500	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4515	−0.192%	—	—	20x	as long as short
Lighter WLD	+0.0152%	1h	0.4527	+0.074%	$4.9M	$2.8M	10x	as long as short
Phoenix WLD	+0.0158%	1h	0.4534	+0.229%	$5K	$43K	10x	as long as short
GMX WLD/USD [ETH-USDC]short	L +0.0219% / S −0.0967%	1h	0.4521	−0.053%	$4K	—	100x
BloFin WLD-USDT	+0.0220%	8h	0.4525	+0.034%	$4.8M	$913K	75x	as long as short
01 Exchange WLDUSD	+0.0264%	1h	0.4521	−0.063%	$323	$55	5x	as long as short
Coinbase International WLD-PERP-INTX	+0.0448%	1h	0.4523	−0.010%	$273K	$1.6M	50x	as long as short
Kraken Futures PF_WLDUSDlong	+0.0457%	1h	0.4523	long leg	$871K	$2.8M	50x
Hyperliquid WLD	+0.0587%	1h	0.4530	+0.154%	$50.3M	$44.1M	10x	as long as short