Funding you earn now, next payment 09:00 UTC−0.0115%/8h= −12.6% APRnext payment −$0.14 per $10,000 · paid last 24h −0.034%
Price spread now: Extended against GMX−0.161%83s7-day average — · you buy dearer than you sell
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
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Extended is 0.161% cheaper against GMX than usual: you would sell low and buy high (−$16 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 83 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] | 0.4481 | L +0.0219% / S −0.0967% | pay 0.0027% / 1h | 29m 00s | $4K | — | 100x |
| Short | Extended WLD-USD | 0.4473 | 0.0104 | get 0.0013% / 1h | 29m 00s | $212K | $907K | 10x |
GMX WLD/USD [ETH-USDC]
Extended WLD-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$24.09
- Price spread: −0.161% → 0.000%
- −$16.12
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$57.21
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Extended: live order book, 29 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 Extended live order book, 29 min ago | 2.21 bp | 4.8 bp −$5 | 12.2 bp −$122 | 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 | −0.0007% | 1h | 0.4476 | −0.091% | $232K | $175K | 5x | as long as short |
| Kalshi KXWLDPERP | 0.0000% | 8h | 0.4480 | −0.013% | $49K | $4.6M | 1.7x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4480 | −0.013% | $115K | $1.0M | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4480 | −0.003% | $65K | — | 150x | as long as short |
| Bybit WLDUSDT | +0.0028% | 8h | 0.4473 | −0.169% | $63.4M | $89.2M | 50x | as long as short |
| Orderly PERP_WLD_USDC | +0.0099% | 8h | 0.4479 | −0.035% | $27K | $579K | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4479 | −0.043% | $224K | $1.0M | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4481 | +0.018% | $55K | $553K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4478 | −0.068% | $85.7M | $333.8M | 75x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4476 | −0.102% | $33.9M | $148.5M | 50x | as long as short |
Nado WLD-PERP
Kalshi KXWLDPERP
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
Bybit WLDUSDT
Orderly PERP_WLD_USDC
Aster WLDUSDT
Pacifica WLD
Binance WLDUSDT
OKX WLD-USDT-SWAPShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate WLD_USDT | +0.0100% | 8h | 0.4477 | −0.080% | $7.0M | $34.7M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4477 | −0.080% | $40.9M | $56.4M | 300x | as long as short |
| KuCoin WLDUSDTM | +0.0100% | 8h | 0.4474 | −0.147% | $6.6M | $11.7M | 50x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4475 | −0.125% | $29.6M | $31.2M | 75x | as long as short |
| BingX WLD-USDC | +0.0100% | 8h | 0.4476 | −0.102% | — | $1.3M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4479 | −0.035% | $130K | $298K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4480 | −0.018% | $2.1M | $1.5M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4481 | +0.005% | $27K | $322K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4480 | −0.012% | $590K | $2.1M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4483 | +0.054% | $48K | $237K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4480 | −0.024% | $49K | $2.7M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4484 | +0.076% | $23K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4478 | −0.058% | $219 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4472 | −0.191% | $820K | $1.4M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4480 | −0.013% | $1.7M | $3.6M | 50x | as long as short |
| Extended WLD-USDshort | +0.0104% | 1h | 0.4473 | −0.161% | $212K | $907K | 10x | |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4480 | −0.013% | $30K | $500 | 3x | as long as short |
| Injective WLD/USDC PERP | +0.0109% | 1h | 0.4508 | +0.612% | $6K | $185K | 5.5x | as long as short |
| Hyperliquid WLD | +0.0115% | 1h | 0.4483 | +0.047% | $49.6M | $43.1M | 10x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4476 | −0.107% | — | — | 20x | as long as short |
| Lighter WLD | +0.0160% | 1h | 0.4484 | +0.079% | $4.9M | $2.9M | 10x | as long as short |
| 01 Exchange WLDUSD | +0.0168% | 1h | 0.4481 | +0.009% | $321 | $55 | 5x | as long as short |
| Phoenix WLD | +0.0194% | 1h | 0.4483 | +0.056% | $4K | $44K | 10x | as long as short |
| dYdX WLD-USD | +0.0196% | 1h | 0.4484 | +0.070% | $153K | $31K | 10x | as long as short |
| GMX WLD/USD [ETH-USDC]long | L +0.0219% / S −0.0967% | 1h | 0.4481 | long leg | $4K | — | 100x | |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4481 | +0.009% | $4.4M | $924K | 75x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0306% | 1h | 0.4480 | −0.006% | $888K | $2.8M | 50x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0440% | 1h | 0.4480 | −0.013% | $265K | $1.6M | 50x | as long as short |
Gate WLD_USDT
MEXC WLD_USDT
KuCoin WLDUSDTM
Bitget WLDUSDT
BingX WLD-USDC
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
Aevo WLD-PERP
Injective WLD/USDC PERP
Hyperliquid WLD
Reya WLDRUSDPERP
Lighter WLD
01 Exchange WLDUSD
Phoenix WLD
dYdX WLD-USD
BloFin WLD-USDT
Kraken Futures PF_WLDUSD
Coinbase International WLD-PERP-INTX