Funding you earn now, next payment 11:00 UTC−0.0118%/8h= −13.0% APRpaid last 24h −0.039%
Price spread now: BingX against GMX+0.121%165s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 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
The price spread pays, funding is against you. BingX is 0.121% dearer against GMX than usual: you sell high and buy low (spread +0.121% now, against zero (this spread has no 7-day history yet)): +$12 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 3.4 days. The two prices were read 165 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX WLD/USD [ETH-USDC] | 0.4472 | L +0.0218% / S −0.0967% | pay 0.0027% / 1h | 8m 33s | $4K | — | 100x |
| Short | BingX WLD-USDT | 0.4477 | 0.0100 | get 0.0100% / 8h | 5h 08m | — | $55.4M | — |
GMX WLD/USD [ETH-USDC]
BingX WLD-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- −$24.88
- Price spread: +0.121% → 0.000%
- $12.05
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$34.83
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; BingX: live order book, 9 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 BingX live order book, 9 min ago | 1.12 bp | 7.3 bp −$7 | 10.6 bp −$106 | 21.1 bp −$2,107 | 87.4 bp −$43.7K |
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 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps WLD-USD | −0.0365% | 1h | 0.4476 | +0.089% | $41K | $2.7M | 10x | as long as short |
| Kraken Futures PF_WLDUSD | −0.0193% | 1h | 0.4480 | +0.190% | $841K | $2.6M | 50x | as long as short |
| Bybit WLDUSDT | −0.0145% | 8h | 0.4476 | +0.098% | $63.8M | $85.0M | 50x | as long as short |
| Nado WLD-PERP | −0.0119% | 1h | 0.4475 | +0.076% | $234K | $157K | 5x | as long as short |
| Gate WLD_USDT | −0.0077% | 8h | 0.4478 | +0.143% | $7.0M | $31.8M | 75x | as long as short |
| 01 Exchange WLDUSD | −0.0048% | 1h | 0.4480 | +0.194% | $321 | $55 | 5x | as long as short |
| Kalshi KXWLDPERP | 0.0000% | 8h | 0.4475 | +0.076% | $59K | $4.2M | 1.7x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4478 | +0.143% | $101K | $1.1M | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4477 | +0.131% | $65K | — | 150x | as long as short |
| dYdX WLD-USD | +0.0004% | 1h | 0.4479 | +0.171% | $153K | $31K | 10x | as long as short |
Polymarket Perps WLD-USD
Kraken Futures PF_WLDUSD
Bybit WLDUSDT
Nado WLD-PERP
Gate WLD_USDT
01 Exchange WLDUSD
Kalshi KXWLDPERP
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
dYdX WLD-USDShow all 38 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective WLD/USDC PERP | +0.0007% | 1h | 0.4477 | +0.121% | $6K | $185K | 5.5x | as long as short |
| Variational Omni WLD | +0.0019% | 8h | 0.4465 | −0.140% | $2.1M | $1.4M | — | as long as short |
| KuCoin WLDUSDTM | +0.0021% | 8h | 0.4479 | +0.165% | $6.8M | $10.2M | 50x | as long as short |
| Phoenix WLD | +0.0053% | 1h | 0.4463 | −0.195% | $4K | $40K | 10x | as long as short |
| Orderly PERP_WLD_USDC | +0.0084% | 8h | 0.4477 | +0.121% | $27K | $255K | 10x | as long as short |
| Lighter WLD | +0.0096% | 1h | 0.4485 | +0.293% | $4.9M | $3.0M | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4479 | +0.171% | $219K | $904K | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4480 | +0.188% | $64K | $512K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4478 | +0.135% | $84.7M | $313.5M | 75x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4476 | +0.098% | $34.3M | $142.3M | 50x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4479 | +0.165% | $42.3M | $56.1M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4477 | +0.121% | $29.3M | $28.6M | 75x | as long as short |
| BingX WLD-USDTshort | +0.0100% | 8h | 0.4477 | +0.121% | — | $55.4M | — | |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4481 | +0.199% | $126K | $272K | 10x | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4458 | −0.300% | $27K | $320K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4471 | −0.014% | $598K | $2.3M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4461 | −0.237% | $47K | $248K | 50x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4483 | +0.255% | $22K | $1.4M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4478 | +0.143% | $228 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4473 | +0.031% | $820K | $1.1M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4479 | +0.165% | $1.7M | $3.5M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4475 | +0.077% | $211K | $651K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4479 | +0.158% | $30K | $500 | 3x | as long as short |
| Hyperliquid WLD | +0.0123% | 1h | 0.4487 | +0.340% | $50.4M | $28.3M | 10x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4476 | +0.104% | — | — | 20x | as long as short |
| GMX WLD/USD [ETH-USDC]long | L +0.0218% / S −0.0967% | 1h | 0.4472 | long leg | $4K | — | 100x | |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4477 | +0.121% | $4.7M | $907K | 75x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0344% | 1h | 0.4480 | +0.188% | $272K | $973K | 50x | as long as short |
Injective WLD/USDC PERP
Variational Omni WLD
KuCoin WLDUSDTM
Phoenix WLD
Orderly PERP_WLD_USDC
Lighter WLD
Aster WLDUSDT
Pacifica WLD
Binance WLDUSDT
OKX WLD-USDT-SWAP
MEXC WLD_USDT
Bitget WLDUSDT
Backpack WLD_USDC_PERP
edgeX WLDUSDC
GRVT WLD_USDT_Perp
ApeX Omni WLDUSDT
SunX WLD-USDT
SoDEX WLD-USD
HTX WLD-USDT
Phemex WLDUSDT
Extended WLD-USD
Aevo WLD-PERP
Hyperliquid WLD
Reya WLDRUSDPERP
BloFin WLD-USDT
Coinbase International WLD-PERP-INTX