Settings8H · net · $10k
Funding arb · Price arb /

WLD

all WLD markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX WLD/USD [ETH-USDC]0.4574L +0.0229% / S −0.1268%pay 0.0029% / 1h18m 23s$5K100x
ShortPolymarket Perps WLD-USD0.45710.0100get 0.0013% / 1h18m 23s$40K$2.1M10x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy GMX no order-book sample
Sell Polymarket Perps live order book, 5 min ago0.76 bp4.8 bp −$55.0 bp −$50doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado WLD-PERP−0.0041%1h0.4573−0.015%$242K$205K5xas long as short
KuCoin WLDUSDTM−0.0007%8h0.4572−0.037%$6.9M$11.6M50xas long as short
dYdX WLD-USD0.0000%1h0.4575+0.022%$156K$33K10xas long as short
Kalshi KXWLDPERP0.0000%8h0.4580+0.138%$46K$4.6M1.7xas long as short
Deribit WLD_USDC-PERPETUAL0.0000%1h0.4579+0.116%$118K$942K25xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4574+0.004%$66K150xas long as short
Injective WLD/USDC PERP+0.0014%1h0.4544−0.649%$6K$185K5.5xas long as short
Orderly PERP_WLD_USDC+0.0094%8h0.4573−0.015%$28K$886K10xas long as short
Lighter WLD+0.0096%1h0.4579+0.110%$4.9M$2.4M10xas long as short
Aster WLDUSDT+0.0100%8h0.4577+0.083%$211K$1.1M50xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica WLD+0.0100%1h0.4575+0.022%$49K$527K5xas long as short
Binance WLDUSDT+0.0100%8h0.4572−0.027%$86.7M$328.3M75xas long as short
Bybit WLDUSDT+0.0100%8h0.4572−0.037%$65.0M$89.3M50xas long as short
OKX WLD-USDT-SWAP+0.0100%8h0.4573−0.015%$34.3M$149.6M50xas long as short
Gate WLD_USDT+0.0100%8h0.4572−0.037%$7.2M$37.0M75xas long as short
MEXC WLD_USDT+0.0100%8h0.4573−0.015%$43.9M$54.4M300xas long as short
Bitget WLDUSDT+0.0100%8h0.4572−0.037%$30.2M$30.2M75xas long as short
BingX WLD-USDC+0.0100%8h0.4572−0.037%$1.3Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4578+0.086%$136K$300K10xas long as short
Variational Omni WLD+0.0100%8h0.4579+0.109%$2.1M$1.7Mas long as short
edgeX WLDUSDC+0.0100%4h0.4586+0.278%$27K$319K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4593+0.422%$604K$1.9M10xas long as short
ApeX Omni WLDUSDT+0.0100%1h0.4583+0.204%$43K$239K50xas long as short
Polymarket Perps WLD-USDshort+0.0100%1h0.4571−0.067%$40K$2.1M10x
SunX WLD-USDT+0.0100%8h0.4588+0.313%$23K$1.6M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4578+0.094%$176$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4577+0.073%$837K$1.8M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4578+0.094%$1.8M$3.7M50xas long as short
Extended WLD-USD+0.0104%1h0.4572−0.041%$220K$981K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4579+0.116%$31K$6003xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4571−0.065%20xas long as short
01 Exchange WLDUSD+0.0136%1h0.4575+0.022%$327$805xas long as short
Phoenix WLD+0.0158%1h0.4588+0.311%$5K$52K10xas long as short
BloFin WLD-USDT+0.0220%8h0.4576+0.051%$4.9M$831K75xas long as short
GMX WLD/USD [ETH-USDC]longL +0.0229% / S −0.1268%1h0.4574long leg$5K100x
Hyperliquid WLD+0.0329%1h0.4579+0.119%$50.3M$43.3M10xas long as short
Kraken Futures PF_WLDUSD+0.0479%1h0.4580+0.136%$884K$2.8M50xas long as short
Coinbase International WLD-PERP-INTX+0.0496%1h0.4593+0.422%$269K$1.7M50xas long as short