Spread before costs (cost unknown: a leg has no order-book sample)+0.013%
7d average—if it closes, per $10,000$1funding while held, a day+$3.94
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX WLD/USD [ETH-USDC] | 0.4351 | L +0.0206% / S −0.1501% | pay 0.0026% / 1h | 8m 47s | $7K | — | 100x |
| Short | Kraken Futures PF_WLDUSD | 0.4352 | 0.0337 | get 0.0042% / 1h | 8m 47s | $881K | $2.3M | 50x |
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
- $1.34
- Funding while held
- $3.94
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$16.72
- Spread needed to break even
- 0.220%
Slippage unknown: GMX: no order-book sample; Kraken Futures: live order book, 1 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0131%
- Per $10,000 a day
- +$3.94
- 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 Kraken Futures live order book, 1 min ago | 4.60 bp | 12.4 bp −$12 | 26.2 bp −$262 | 833.3 bp −$83.3K | 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 price on every exchange
against the cheapest. Click to use as the short leg.WLD on 37 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective WLD/USDC PERP | −0.676% | +0.0070% | 1h | $6K | $42K | 5.5x | as long as short |
| Phoenix WLD | −0.416% | −0.0019% | 1h | $2K | $48K | 10x | as long as short |
| Variational Omni WLD | −0.338% | −0.0215% | 8h | $2.0M | $1.4M | — | as long as short |
| edgeX WLDUSDC | −0.310% | +0.0100% | 4h | $26K | $314K | 20x | as long as short |
| ApeX Omni WLDUSDT | −0.239% | +0.0100% | 1h | $62K | $221K | 50x | as long as short |
| HTX WLD-USDT | −0.147% | +0.0100% | 8h | $806K | $1.6M | 50x | as long as short |
| Phemex WLDUSDT | −0.147% | +0.0100% | 8h | $1.8M | $3.8M | 50x | as long as short |
| Nado WLD-PERP | −0.124% | −0.0060% | 1h | $340K | $152K | 5x | as long as short |
| Reya WLDRUSDPERP | −0.097% | +0.0134% | 1h | — | — | 20x | as long as short |
| 01 Exchange WLDUSD | −0.097% | 0.0000% | 1h | $311 | $77 | 5x | as long as short |
Show all 37 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Polymarket Perps WLD-USD | −0.092% | +0.0100% | 1h | $52K | $1.8M | 10x | as long as short |
| Orderly PERP_WLD_USDC | −0.055% | −0.0029% | 8h | $27K | $929K | 10x | as long as short |
| Gate WLD_USDT | −0.032% | +0.0072% | 8h | $7.3M | $32.4M | 75x | as long as short |
| KuCoin WLDUSDTM | −0.032% | −0.0014% | 8h | $7.2M | $10.0M | 50x | as long as short |
| BingX WLD-USDC | −0.032% | +0.0100% | 8h | — | $1.3M | — | as long as short |
| Kalshi KXWLDPERP | −0.032% | −0.0113% | 8h | $103K | $3.6M | 1.7x | as long as short |
| SunX WLD-USDT | −0.032% | +0.0100% | 8h | $22K | $1.4M | 50x | as long as short |
| BloFin WLD-USDT | −0.032% | +0.0085% | 8h | $4.6M | $908K | 75x | as long as short |
| Binance WLDUSDT | −0.029% | −0.0033% | 8h | $78.2M | $259.6M | 75x | as long as short |
| Aevo WLD-PERP | −0.024% | +0.0072% | 1h | $30K | $5K | 3x | as long as short |
| Extended WLD-USD | −0.023% | +0.0104% | 1h | $148K | $534K | 10x | as long as short |
| gTrade (Gains Network) WLD/USD | −0.010% | L +0.0003% / S −0.0003% | 1h | $56K | — | 150x | as long as short |
| Bybit WLDUSDT | −0.009% | −0.0167% | 8h | $61.9M | $68.3M | 50x | as long as short |
| OKX WLD-USDT-SWAP | −0.009% | −0.0015% | 8h | $32.8M | $121.7M | 50x | as long as short |
| SoDEX WLD-USD | −0.009% | +0.0100% | 1h | $188 | $5K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | −0.009% | 0.0000% | 1h | $123K | $777K | 25x | as long as short |
| GMX WLD/USD [ETH-USDC]long | 0.000% | L +0.0206% / S −0.1501% | 1h | $7K | — | 100x | |
| Kraken Futures PF_WLDUSDshort | +0.013% | +0.0337% | 1h | $881K | $2.3M | 50x | |
| MEXC WLD_USDT | +0.014% | −0.0035% | 8h | $42.1M | $42.4M | 300x | as long as short |
| Bitget WLDUSDT | +0.014% | +0.0100% | 8h | $28.5M | $23.6M | 75x | as long as short |
| Backpack WLD_USDC_PERP | +0.023% | −0.0262% | 1h | $127K | $275K | 10x | as long as short |
| Aster WLDUSDT | +0.027% | +0.0100% | 8h | $223K | $914K | 50x | as long as short |
| Hyperliquid WLD | +0.030% | +0.0100% | 1h | $43.6M | $36.1M | 10x | as long as short |
| Pacifica WLD | +0.037% | +0.0100% | 1h | $58K | $475K | 5x | as long as short |
| dYdX WLD-USD | +0.051% | +0.0003% | 1h | $150K | $4K | 10x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.060% | +0.0344% | 1h | $262K | $1.5M | 50x | as long as short |
| Lighter WLD | +0.120% | +0.0096% | 1h | $4.7M | $1.2M | 10x | as long as short |
GMX WLD/USD [ETH-USDC]
Kraken Futures PF_WLDUSD
Injective
Phoenix
Variational Omni
ApeX Omni
HTX
Phemex
Polymarket Perps
Gate
KuCoin
BingX
SunX
BloFin
Binance
Extended
gTrade (Gains Network)
Bybit
OKX
SoDEX
Deribit
MEXC
Bitget
Backpack
Aster
Hyperliquid
Pacifica
Coinbase International
Lighter