Spread before costs (cost unknown: a leg has no order-book sample)+0.042%
7d average—if it closes, per $10,000$4funding while held, a day+$28.93
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX WLD-USDC | 0.4410 | 0.0050 | pay 0.0050% / 8h | 7m 15s | — | $1.3M | — |
| Short | GMX WLD/USD [ETH-USDC] | 0.4412 | L +0.0186% / S −0.1014% | get 0.0127% / 1h | 7m 15s | $5K | — | 100x |
BingX WLD-USDC
GMX WLD/USD [ETH-USDC]Price spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $4.22
- Funding while held
- $28.93
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $11.15
- Spread needed to break even
- 0.220%
Slippage unknown: BingX: live order book, 15 min ago; GMX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0964%
- Per $10,000 a day
- +$28.93
- Average in range /8h
- —
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 BingX live order book, 15 min ago | 2.29 bp | 16.0 bp −$16 | 38.8 bp −$388 | 422.1 bp −$42.2K | 752.7 bp −$376.4K |
| 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 price on every exchange
against the cheapest. Click to use as the short leg.Injective0.4396cheapestVariational Omni0.4400+0.098%Coinbase International0.4401+0.114%edgeX0.4405+0.208%Extended0.4407+0.244%Bybit0.4407+0.250%Nado0.4407+0.262%OKX0.4408+0.273%Bitget0.4408+0.273%ApeX Omni0.4408+0.273%Orderly0.4408+0.273%Reya0.4409+0.291%Phemex0.4409+0.296%BloFin0.4409+0.296%
Injective
Variational Omni
Coinbase International
Extended
Bybit
Nado
OKX
Bitget
ApeX Omni
Orderly
Reya
Phemex
BloFinBingX0.4410+0.318%
Deribit0.4410+0.318%Binance0.4410+0.323%Aevo0.4410+0.329%Pacifica0.4411+0.341%Gate0.4411+0.341%MEXC0.4411+0.341%SoDEX0.4411+0.341%
Deribit
Binance
Aevo
Pacifica
Gate
MEXC
SoDEXGMX0.4412+0.361%
KuCoin0.4412+0.364%Phoenix0.4412+0.364%gTrade (Gains Network)0.4412+0.364%Polymarket Perps0.4412+0.371%dYdX0.4413+0.382%Kalshi0.4413+0.387%01 Exchange0.4413+0.389%Hyperliquid0.4413+0.394%Aster0.4414+0.402%Backpack0.4414+0.407%Kraken Futures0.4415+0.431%SunX0.4416+0.455%Lighter0.4417+0.480%HTX0.4418+0.500%
KuCoin
Phoenix
gTrade (Gains Network)
Polymarket Perps
dYdX
Hyperliquid
Aster
Backpack
Kraken Futures
SunX
Lighter
HTXWLD on 37 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective WLD/USDC PERP | −0.317% | +0.0083% | 1h | $6K | $41K | 5.5x | as long as short |
| Variational Omni WLD | −0.220% | −0.0157% | 8h | $2.1M | $1.7M | — | as long as short |
| Coinbase International WLD-PERP-INTX | −0.204% | +0.0240% | 1h | $267K | $1.8M | 50x | as long as short |
| edgeX WLDUSDC | −0.110% | +0.0100% | 4h | $26K | $314K | 20x | as long as short |
| Extended WLD-USD | −0.075% | +0.0104% | 1h | $133K | $667K | 10x | as long as short |
| Bybit WLDUSDT | −0.068% | −0.0143% | 8h | $63.3M | $77.6M | 50x | as long as short |
| Nado WLD-PERP | −0.057% | −0.0060% | 1h | $345K | $206K | 5x | as long as short |
| OKX WLD-USDT-SWAP | −0.045% | −0.0010% | 8h | $34.4M | $136.3M | 50x | as long as short |
| Bitget WLDUSDT | −0.045% | +0.0055% | 8h | $29.0M | $25.9M | 75x | as long as short |
| ApeX Omni WLDUSDT | −0.045% | +0.0100% | 1h | $63K | $221K | 50x | as long as short |
Show all 37 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Orderly PERP_WLD_USDC | −0.045% | −0.0045% | 8h | $27K | $950K | 10x | as long as short |
| Reya WLDRUSDPERP | −0.027% | +0.0134% | 1h | — | — | 20x | as long as short |
| Phemex WLDUSDT | −0.023% | +0.0100% | 8h | $1.8M | $3.9M | 50x | as long as short |
| BloFin WLD-USDT | −0.023% | +0.0078% | 8h | $4.9M | $1.2M | 75x | as long as short |
| BingX WLD-USDClong | 0.000% | +0.0050% | 8h | — | $1.3M | — | |
| Deribit WLD_USDC-PERPETUAL | 0.000% | 0.0000% | 1h | $114K | $751K | 25x | as long as short |
| Binance WLDUSDT | +0.005% | −0.0042% | 8h | $80.6M | $283.1M | 75x | as long as short |
| Aevo WLD-PERP | +0.011% | +0.0072% | 1h | $30K | $5K | 3x | as long as short |
| Pacifica WLD | +0.023% | +0.0100% | 1h | $59K | $524K | 5x | as long as short |
| Gate WLD_USDT | +0.023% | −0.0003% | 8h | $7.1M | $35.3M | 75x | as long as short |
| MEXC WLD_USDT | +0.023% | −0.0042% | 8h | $43.0M | $48.4M | 300x | as long as short |
| SoDEX WLD-USD | +0.023% | +0.0100% | 1h | $191 | $5K | 10x | as long as short |
| GMX WLD/USD [ETH-USDC]short | +0.042% | L +0.0186% / S −0.1014% | 1h | $5K | — | 100x | |
| KuCoin WLDUSDTM | +0.045% | −0.0009% | 8h | $7.0M | $12.0M | 50x | as long as short |
| Phoenix WLD | +0.045% | −0.0072% | 1h | $2K | $58K | 10x | as long as short |
| gTrade (Gains Network) WLD/USD | +0.045% | L +0.0003% / S −0.0003% | 1h | $56K | — | 150x | as long as short |
| Polymarket Perps WLD-USD | +0.052% | +0.0100% | 1h | $54K | $1.8M | 10x | as long as short |
| dYdX WLD-USD | +0.063% | +0.0023% | 1h | $152K | $5K | 10x | as long as short |
| Kalshi KXWLDPERP | +0.068% | −0.0158% | 8h | $90K | $3.4M | 1.7x | as long as short |
| 01 Exchange WLDUSD | +0.070% | −0.0032% | 1h | $316 | $809 | 5x | as long as short |
| Hyperliquid WLD | +0.075% | +0.0100% | 1h | $45.1M | $39.8M | 10x | as long as short |
| Aster WLDUSDT | +0.083% | +0.0089% | 8h | $217K | $1.0M | 50x | as long as short |
| Backpack WLD_USDC_PERP | +0.088% | +0.0100% | 1h | $132K | $331K | 10x | as long as short |
| Kraken Futures PF_WLDUSD | +0.112% | +0.0063% | 1h | $725K | $2.2M | 50x | as long as short |
| SunX WLD-USDT | +0.136% | +0.0100% | 8h | $22K | $1.5M | 50x | as long as short |
| Lighter WLD | +0.161% | +0.0096% | 1h | $4.8M | $1.2M | 10x | as long as short |
| HTX WLD-USDT | +0.181% | +0.0100% | 8h | $826K | $1.7M | 50x | as long as short |