Funding you earn now, next payment 04:00 UTC−0.0129%/8h= −14.2% APRnext payment −$0.16 per $10,000 · paid last 24h −0.028%
Price spread now: Polymarket Perps against GMX−0.067%7-day average — · you buy dearer than you sell
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 against this trade now: funding costs −$4 a day on $10k at the current rate, and Polymarket Perps is 0.067% cheaper against GMX than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX WLD/USD [ETH-USDC] | 0.4574 | L +0.0229% / S −0.1268% | pay 0.0029% / 1h | 18m 23s | $5K | — | 100x |
| Short | Polymarket Perps WLD-USD | 0.4571 | 0.0100 | get 0.0013% / 1h | 18m 23s | $40K | $2.1M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps 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
- −$27.17
- Price spread: −0.067% → 0.000%
- −$6.73
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$53.9
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Polymarket Perps: 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 Polymarket Perps live order book, 5 min ago | 0.76 bp | 4.8 bp −$5 | 5.0 bp −$50 | 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 | −0.0041% | 1h | 0.4573 | −0.015% | $242K | $205K | 5x | as long as short |
| KuCoin WLDUSDTM | −0.0007% | 8h | 0.4572 | −0.037% | $6.9M | $11.6M | 50x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4575 | +0.022% | $156K | $33K | 10x | as long as short |
| Kalshi KXWLDPERP | 0.0000% | 8h | 0.4580 | +0.138% | $46K | $4.6M | 1.7x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4579 | +0.116% | $118K | $942K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4574 | +0.004% | $66K | — | 150x | as long as short |
| Injective WLD/USDC PERP | +0.0014% | 1h | 0.4544 | −0.649% | $6K | $185K | 5.5x | as long as short |
| Orderly PERP_WLD_USDC | +0.0094% | 8h | 0.4573 | −0.015% | $28K | $886K | 10x | as long as short |
| Lighter WLD | +0.0096% | 1h | 0.4579 | +0.110% | $4.9M | $2.4M | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4577 | +0.083% | $211K | $1.1M | 50x | as long as short |
Show all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica WLD | +0.0100% | 1h | 0.4575 | +0.022% | $49K | $527K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4572 | −0.027% | $86.7M | $328.3M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4572 | −0.037% | $65.0M | $89.3M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4573 | −0.015% | $34.3M | $149.6M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4572 | −0.037% | $7.2M | $37.0M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4573 | −0.015% | $43.9M | $54.4M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4572 | −0.037% | $30.2M | $30.2M | 75x | as long as short |
| BingX WLD-USDC | +0.0100% | 8h | 0.4572 | −0.037% | — | $1.3M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4578 | +0.086% | $136K | $300K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4579 | +0.109% | $2.1M | $1.7M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4586 | +0.278% | $27K | $319K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4593 | +0.422% | $604K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4583 | +0.204% | $43K | $239K | 50x | as long as short |
| Polymarket Perps WLD-USDshort | +0.0100% | 1h | 0.4571 | −0.067% | $40K | $2.1M | 10x | |
| SunX WLD-USDT | +0.0100% | 8h | 0.4588 | +0.313% | $23K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4578 | +0.094% | $176 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4577 | +0.073% | $837K | $1.8M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4578 | +0.094% | $1.8M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4572 | −0.041% | $220K | $981K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4579 | +0.116% | $31K | $600 | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4571 | −0.065% | — | — | 20x | as long as short |
| 01 Exchange WLDUSD | +0.0136% | 1h | 0.4575 | +0.022% | $327 | $80 | 5x | as long as short |
| Phoenix WLD | +0.0158% | 1h | 0.4588 | +0.311% | $5K | $52K | 10x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4576 | +0.051% | $4.9M | $831K | 75x | as long as short |
| GMX WLD/USD [ETH-USDC]long | L +0.0229% / S −0.1268% | 1h | 0.4574 | long leg | $5K | — | 100x | |
| Hyperliquid WLD | +0.0329% | 1h | 0.4579 | +0.119% | $50.3M | $43.3M | 10x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0479% | 1h | 0.4580 | +0.136% | $884K | $2.8M | 50x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0496% | 1h | 0.4593 | +0.422% | $269K | $1.7M | 50x | as long as short |
GMX WLD/USD [ETH-USDC]
Polymarket Perps WLD-USD
KuCoin WLDUSDTM
Kalshi KXWLDPERP
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
Injective WLD/USDC PERP
Lighter WLD
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
01 Exchange WLDUSD
Phoenix WLD
BloFin WLD-USDT
Hyperliquid WLD
Kraken Futures PF_WLDUSD
Coinbase International WLD-PERP-INTX