Funding you earn now, next payment 05:00 UTC+0.0317%/8h= +34.7% APRnext payment +$0.40 per $10,000 · paid last 24h +0.043%
Price spread now: Coinbase International against GMX+0.036%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 +$10 a day on $10k at the current rate, and Coinbase International is 0.036% dearer against GMX than usual: you sell high and buy low: +$4 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] | 0.4490 | L +0.0219% / S −0.0967% | pay 0.0027% / 1h | 29m 01s | $4K | — | 100x |
| Short | Coinbase International WLD-PERP-INTX | 0.4492 | 0.0536 | get 0.0067% / 1h | 29m 01s | $274K | $1.7M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- $66.6
- Price spread: +0.036% → 0.000%
- $3.61
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $48.21
- Costs to cover
- 0.220%
- Break-even
- 1.9 days
Slippage unknown: GMX: no order-book sample; Coinbase International: live order book, 5 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 Coinbase International live order book, 5 min ago | 5.57 bp | 14.9 bp −$15 | 18.1 bp −$181 | doesn't fit | 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 | −0.0050% | 1h | 0.4489 | −0.020% | $241K | $207K | 5x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4485 | −0.115% | $153K | $33K | 10x | as long as short |
| Kalshi KXWLDPERP | 0.0000% | 8h | 0.4487 | −0.075% | $69K | $4.9M | 1.7x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4489 | −0.033% | $65K | — | 150x | as long as short |
| KuCoin WLDUSDTM | +0.0042% | 8h | 0.4486 | −0.098% | $6.7M | $11.9M | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0047% | 1h | 0.4489 | −0.035% | $42K | $2.4M | 10x | as long as short |
| 01 Exchange WLDUSD | +0.0064% | 1h | 0.4490 | −0.011% | $321 | $55 | 5x | as long as short |
| Orderly PERP_WLD_USDC | +0.0098% | 8h | 0.4488 | −0.053% | $28K | $814K | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4485 | −0.120% | $224K | $1.1M | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4486 | −0.099% | $50K | $542K | 5x | as long as short |
Show all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance WLDUSDT | +0.0100% | 8h | 0.4481 | −0.204% | $85.4M | $339.3M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4478 | −0.276% | $63.7M | $91.9M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4479 | −0.253% | $33.8M | $152.7M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4486 | −0.098% | $7.3M | $37.2M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4482 | −0.187% | $38.4M | $55.7M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4477 | −0.298% | $29.4M | $31.0M | 75x | as long as short |
| BingX WLD-USDC | +0.0100% | 8h | 0.4484 | −0.142% | — | $1.3M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4484 | −0.138% | $133K | $305K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4489 | −0.035% | $2.0M | $1.7M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4489 | −0.025% | $27K | $321K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4494 | +0.080% | $597K | $2.0M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4488 | −0.053% | $48K | $241K | 50x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4493 | +0.058% | $22K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4486 | −0.098% | $206 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4476 | −0.320% | $819K | $1.7M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4485 | −0.120% | $1.8M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4486 | −0.102% | $220K | $999K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4489 | −0.034% | $30K | $600 | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4491 | +0.010% | — | — | 20x | as long as short |
| Phoenix WLD | +0.0142% | 1h | 0.4490 | −0.011% | $5K | $52K | 10x | as long as short |
| Lighter WLD | +0.0168% | 1h | 0.4488 | −0.055% | $4.9M | $2.9M | 10x | as long as short |
| Injective WLD/USDC PERP | +0.0176% | 1h | 0.4513 | +0.504% | $6K | $185K | 5.5x | as long as short |
| Deribit WLD_USDC-PERPETUAL | +0.0196% | 1h | 0.4489 | −0.031% | $143K | $1.0M | 25x | as long as short |
| GMX WLD/USD [ETH-USDC]long | L +0.0219% / S −0.0967% | 1h | 0.4490 | long leg | $4K | — | 100x | |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4490 | −0.008% | $4.8M | $920K | 75x | as long as short |
| Hyperliquid WLD | +0.0294% | 1h | 0.4487 | −0.069% | $48.5M | $44.2M | 10x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0505% | 1h | 0.4489 | −0.029% | $856K | $2.9M | 50x | as long as short |
| Coinbase International WLD-PERP-INTXshort | +0.0536% | 1h | 0.4492 | +0.036% | $274K | $1.7M | 50x |
GMX WLD/USD [ETH-USDC]
Coinbase International WLD-PERP-INTX
Kalshi KXWLDPERP
gTrade (Gains Network) WLD/USD
KuCoin WLDUSDTM
Polymarket Perps WLD-USD
01 Exchange WLDUSD
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
SunX WLD-USDT
SoDEX WLD-USD
HTX WLD-USDT
Phemex WLDUSDT
Extended WLD-USD
Phoenix WLD
Lighter WLD
Injective WLD/USDC PERP
Deribit WLD_USDC-PERPETUAL
BloFin WLD-USDT
Hyperliquid WLD
Kraken Futures PF_WLDUSD