Spread before costs (cost unknown: a leg has no order-book sample)−0.522%
7d average—if it closes, per $10,000$52funding while held, a day−$3.10
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX WLD/USD [ETH-USDC] | 0.4419 | L +0.0186% / S −0.1014% | pay 0.0023% / 1h | 3m 29s | $5K | — | 100x |
| Short | Injective WLD/USDC PERP | 0.4396 | 0.0083 | get 0.0010% / 1h | 3m 29s | $6K | $41K | 5.5x |
GMX WLD/USD [ETH-USDC]
Injective WLD/USDC PERPPrice 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
- −$52.18
- Funding while held
- −$3.1
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$67.31
- Spread needed to break even
- 0.120%
Slippage unknown: GMX: no order-book sample; Injective: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0103%
- Per $10,000 a day
- −$3.10
- 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 GMX no order-book sample | — | — | — | — | — |
| Sell Injective no order-book sample | — | — | — | — | — |
GMX and Injective: 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.Injective0.4396cheapest
Coinbase International0.4401+0.114%ApeX Omni0.4411+0.341%Phoenix0.4412+0.364%Reya0.4413+0.386%Bybit0.4413+0.387%Bitget0.4414+0.409%OKX0.4415+0.432%Nado0.4415+0.432%Phemex0.4415+0.432%Polymarket Perps0.4415+0.437%Extended0.4415+0.441%Binance0.4415+0.442%Gate0.4416+0.455%MEXC0.4416+0.455%KuCoin0.4416+0.455%Orderly0.4416+0.455%01 Exchange0.4417+0.469%BingX0.4417+0.478%Kalshi0.4417+0.478%SoDEX0.4417+0.478%Pacifica0.4418+0.500%Aevo0.4418+0.500%gTrade (Gains Network)0.4418+0.502%edgeX0.4418+0.510%
Coinbase International
ApeX Omni
Phoenix
Reya
Bybit
Bitget
OKX
Nado
Phemex
Polymarket Perps
Extended
Binance
Gate
MEXC
KuCoin
Orderly
BingX
SoDEX
Pacifica
Aevo
gTrade (Gains Network)GMX0.4419+0.525%
Variational Omni0.4419+0.530%Hyperliquid0.4420+0.535%Backpack0.4420+0.539%Aster0.4420+0.541%dYdX0.4420+0.545%Deribit0.4420+0.546%BloFin0.4421+0.569%Kraken Futures0.4421+0.572%SunX0.4423+0.614%HTX0.4423+0.614%Lighter0.4424+0.639%
Variational Omni
Hyperliquid
Backpack
Aster
dYdX
Deribit
BloFin
Kraken Futures
SunX
HTX
LighterWLD on 37 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective WLD/USDC PERPshort | −0.522% | +0.0083% | 1h | $6K | $41K | 5.5x | |
| Coinbase International WLD-PERP-INTX | −0.409% | +0.0240% | 1h | $267K | $1.7M | 50x | as long as short |
| ApeX Omni WLDUSDT | −0.182% | +0.0100% | 1h | $63K | $221K | 50x | as long as short |
| Phoenix WLD | −0.160% | −0.0072% | 1h | $2K | $58K | 10x | as long as short |
| Reya WLDRUSDPERP | −0.138% | +0.0134% | 1h | — | — | 20x | as long as short |
| Bybit WLDUSDT | −0.137% | −0.0148% | 8h | $63.4M | $77.4M | 50x | as long as short |
| Bitget WLDUSDT | −0.115% | +0.0053% | 8h | $29.0M | $25.9M | 75x | as long as short |
| OKX WLD-USDT-SWAP | −0.092% | −0.0012% | 8h | $34.5M | $136.2M | 50x | as long as short |
| Nado WLD-PERP | −0.092% | −0.0060% | 1h | $346K | $206K | 5x | as long as short |
| Phemex WLDUSDT | −0.092% | +0.0100% | 8h | $1.8M | $3.9M | 50x | as long as short |
Show all 37 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Polymarket Perps WLD-USD | −0.087% | +0.0100% | 1h | $55K | $1.8M | 10x | as long as short |
| Extended WLD-USD | −0.084% | +0.0104% | 1h | $133K | $666K | 10x | as long as short |
| Binance WLDUSDT | −0.082% | −0.0042% | 8h | $80.9M | $281.7M | 75x | as long as short |
| Gate WLD_USDT | −0.069% | −0.0009% | 8h | $7.1M | $35.4M | 75x | as long as short |
| MEXC WLD_USDT | −0.069% | −0.0040% | 8h | $43.0M | $48.5M | 300x | as long as short |
| KuCoin WLDUSDTM | −0.069% | −0.0013% | 8h | $7.0M | $12.0M | 50x | as long as short |
| Orderly PERP_WLD_USDC | −0.069% | −0.0046% | 8h | $27K | $950K | 10x | as long as short |
| 01 Exchange WLDUSD | −0.056% | −0.0032% | 1h | $316 | $77 | 5x | as long as short |
| BingX WLD-USDC | −0.047% | +0.0054% | 8h | — | $1.3M | — | as long as short |
| Kalshi KXWLDPERP | −0.047% | −0.0155% | 8h | $90K | $3.4M | 1.7x | as long as short |
| SoDEX WLD-USD | −0.047% | +0.0100% | 1h | $191 | $5K | 10x | as long as short |
| Pacifica WLD | −0.024% | +0.0100% | 1h | $60K | $524K | 5x | as long as short |
| Aevo WLD-PERP | −0.024% | +0.0072% | 1h | $30K | $5K | 3x | as long as short |
| gTrade (Gains Network) WLD/USD | −0.023% | L +0.0003% / S −0.0003% | 1h | $56K | — | 150x | as long as short |
| edgeX WLDUSDC | −0.015% | +0.0100% | 4h | $26K | $315K | 20x | as long as short |
| GMX WLD/USD [ETH-USDC]long | 0.000% | L +0.0186% / S −0.1014% | 1h | $5K | — | 100x | |
| Variational Omni WLD | +0.005% | −0.0161% | 8h | $2.1M | $1.7M | — | as long as short |
| Hyperliquid WLD | +0.010% | +0.0100% | 1h | $45.2M | $39.8M | 10x | as long as short |
| Backpack WLD_USDC_PERP | +0.014% | +0.0100% | 1h | $133K | $331K | 10x | as long as short |
| Aster WLDUSDT | +0.016% | +0.0096% | 8h | $214K | $1.0M | 50x | as long as short |
| dYdX WLD-USD | +0.020% | +0.0021% | 1h | $152K | $5K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | +0.021% | 0.0000% | 1h | $114K | $734K | 25x | as long as short |
| BloFin WLD-USDT | +0.044% | +0.0079% | 8h | $4.9M | $1.2M | 75x | as long as short |
| Kraken Futures PF_WLDUSD | +0.047% | +0.0063% | 1h | $727K | $2.2M | 50x | as long as short |
| SunX WLD-USDT | +0.089% | +0.0100% | 8h | $22K | $1.5M | 50x | as long as short |
| HTX WLD-USDT | +0.089% | +0.0100% | 8h | $824K | $1.7M | 50x | as long as short |
| Lighter WLD | +0.114% | +0.0096% | 1h | $4.8M | $1.2M | 10x | as long as short |