Funding you earn now, next payment 02:00 UTC+0.1268%/8h= +138.8% APRnext payment +$1.58 per $10,000 · paid last 24h +0.338%
Price spread now: GMX against Nado+0.068%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
=Both sides work for this trade now. Funding pays +$38 a day on $10k at the current rate, and GMX is 0.068% dearer against Nado than usual: you sell high and buy low: +$7 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 | Nado WLD-PERP | 0.4657 | 0.0000 | pay 0.0000% / 1h | 15m 18s | $270K | $189K | 5x |
| Short | GMX WLD/USD [ETH-USDC] | 0.4661 | L +0.0230% / S −0.1268% | get 0.0159% / 1h | 15m 18s | $5K | — | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Nado. 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
- $266.25
- Price spread: +0.068% → 0.000%
- $6.81
- Slippage, 4 orders
- no order book: not counted
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $254.06
- Costs to cover
- 0.190%
- Break-even
- 0.3 days
Slippage unknown: Nado: live order book, 52 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 Nado live order book, 52 min ago | 11.10 bp | 15.2 bp −$15 | 43.6 bp −$436 | 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 37 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 | −0.0235% | 1h | 0.4666 | +0.183% | $6K | $185K | 5.5x | as long as short |
| Kalshi KXWLDPERP | −0.0143% | 8h | 0.4640 | −0.376% | $64K | $4.5M | 1.7x | as long as short |
| KuCoin WLDUSDTM | −0.0040% | 8h | 0.4657 | −0.011% | $7.1M | $11.6M | 50x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4658 | +0.002% | $166K | $26K | 10x | as long as short |
| Nado WLD-PERPlong | 0.0000% | 1h | 0.4657 | long leg | $270K | $189K | 5x | |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4662 | +0.095% | $56K | — | 150x | as long as short |
| Orderly PERP_WLD_USDC | +0.0062% | 8h | 0.4662 | +0.097% | $28K | $896K | 10x | as long as short |
| Gate WLD_USDT | +0.0067% | 8h | 0.4660 | +0.054% | $7.3M | $37.9M | 75x | as long as short |
| Phoenix WLD | +0.0068% | 1h | 0.4653 | −0.086% | $5K | $54K | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4658 | +0.017% | $178K | $1.0M | 50x | as long as short |
Show all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica WLD | +0.0100% | 1h | 0.4658 | +0.013% | $53K | $511K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4663 | +0.110% | $88.6M | $326.5M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4661 | +0.075% | $66.4M | $88.1M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4663 | +0.118% | $35.1M | $152.8M | 50x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4660 | +0.054% | $45.9M | $56.2M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4664 | +0.140% | $31.0M | $29.6M | 75x | as long as short |
| BingX WLD-USDT | +0.0100% | 8h | 0.4661 | +0.075% | — | $67.6M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4657 | 0.000% | $140K | $295K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4649 | −0.190% | $2.1M | $1.7M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4680 | +0.484% | $28K | $318K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4691 | +0.719% | $622K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4689 | +0.676% | $51K | $235K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4661 | +0.082% | $54K | $2.1M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4670 | +0.268% | $23K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4665 | +0.161% | $223 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4653 | −0.097% | $881K | $1.9M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4652 | −0.118% | $1.9M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4662 | +0.099% | $214K | $889K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4666 | +0.183% | $32K | $600 | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4659 | +0.036% | — | — | 20x | as long as short |
| Deribit WLD_USDC-PERPETUAL | +0.0179% | 1h | 0.4665 | +0.161% | $121K | $918K | 25x | as long as short |
| GMX WLD/USD [ETH-USDC]short | L +0.0230% / S −0.1268% | 1h | 0.4661 | +0.068% | $5K | — | 100x | |
| 01 Exchange WLDUSD | +0.0272% | 1h | 0.4662 | +0.105% | $334 | $77 | 5x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0456% | 1h | 0.4660 | +0.054% | $274K | $1.8M | 50x | as long as short |
| Hyperliquid WLD | +0.0554% | 1h | 0.4666 | +0.189% | $51.9M | $44.2M | 10x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0641% | 1h | 0.4667 | +0.195% | $908K | $2.9M | 50x | as long as short |
| Lighter WLD | +0.0856% | 1h | 0.4669 | +0.240% | $5.3M | $2.1M | 10x | as long as short |
GMX WLD/USD [ETH-USDC]
Injective WLD/USDC PERP
Kalshi KXWLDPERP
KuCoin WLDUSDTM
gTrade (Gains Network) WLD/USD
Gate WLD_USDT
Phoenix WLD
Aster WLDUSDT
Pacifica WLD
Binance WLDUSDT
Bybit WLDUSDT
OKX WLD-USDT-SWAP
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
Deribit WLD_USDC-PERPETUAL
01 Exchange WLDUSD
Coinbase International WLD-PERP-INTX
Hyperliquid WLD
Kraken Futures PF_WLDUSD
Lighter WLD