WLD

Alert: funding

Alert: spread

Funding you earn now, next payment 21:00 UTC+0.1345%/8h= +147.2% APRnext payment +$1.68 per $10,000 · paid last 24h +0.322%

Price spread now: GMX against Kraken Futures−0.110%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Kraken Futures Short on GMX

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. GMX is 0.110% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.110% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$11 on $10k: about 7 hours of funding at the current rate (+$40 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_WLDUSD	0.4551	0.0367	pay 0.0046% / 1h	31m 45s	$912K	$2.3M	50x
Short	GMX WLD/USD [ETH-USDC]	0.4546	L +0.0216% / S −0.1712%	get 0.0214% / 1h	31m 45s	$9K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Kraken Futures. 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

Position, each leg$Hold fordaysFee Kraken FuturesbpFee GMXbpOrdersPrice spread, now −0.110%Rate

Funding earned: $282.38
Price spread: −0.110% → 0.000%: −$10.98
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee GMX: 6 bp × 2 orders: −$12
Net: $249.4
Costs to cover: 0.220%
Break-even: 0.8 days

Slippage unknown: Kraken Futures: live order book, 2 min ago; GMX: no order-book sample. 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 Kraken Futures live order book, 2 min ago	6.63 bp	24.5 bp −$24	47.1 bp −$471	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

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
Variational Omni WLD	−0.0178%	8h	0.4494	−1.260%	$2.1M	$1.4M	—	as long as short
Phoenix WLD	−0.0091%	1h	0.4514	−0.802%	$2K	$47K	10x	as long as short
Bybit WLDUSDT	−0.0070%	8h	0.4549	−0.042%	$66.6M	$72.2M	50x	as long as short
Nado WLD-PERP	−0.0038%	1h	0.4546	−0.108%	$356K	$146K	5x	as long as short
Orderly PERP_WLD_USDC	−0.0037%	8h	0.4548	−0.064%	$28K	$923K	10x	as long as short
OKX WLD-USDT-SWAP	−0.0020%	8h	0.4547	−0.086%	$34.3M	$129.1M	50x	as long as short
KuCoin WLDUSDTM	−0.0012%	8h	0.4548	−0.064%	$7.4M	$10.1M	50x	as long as short
Binance WLDUSDT	−0.0003%	8h	0.4546	−0.097%	$83.9M	$270.6M	75x	as long as short
MEXC WLD_USDT	−0.0003%	8h	0.4548	−0.064%	$51.1M	$43.2M	300x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4547	−0.079%	$155K	$6K	10x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kalshi KXWLDPERP	0.0000%	8h	0.4540	−0.239%	$39K	$3.7M	1.7x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4549	−0.042%	$125K	$716K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4546	−0.098%	$59K	—	150x	as long as short
Aevo WLD-PERP	+0.0080%	1h	0.4550	−0.031%	$31K	$5K	3x	as long as short
Gate WLD_USDT	+0.0097%	8h	0.4548	−0.064%	$7.4M	$33.3M	75x	as long as short
Hyperliquid WLD	+0.0100%	1h	0.4554	+0.073%	$46.0M	$37.9M	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4545	−0.137%	$238K	$913K	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4547	−0.077%	$55K	$466K	5x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4548	−0.064%	$30.0M	$24.2M	75x	as long as short
BingX WLD-USDC	+0.0100%	8h	0.4547	−0.086%	—	$1.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4550	−0.026%	$132K	$275K	10x	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4487	−1.400%	$26K	$314K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4485	−1.448%	$602K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4504	−1.031%	$62K	$222K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4546	−0.103%	$58K	$1.7M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4553	+0.046%	$22K	$1.4M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4547	−0.086%	$197	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4539	−0.261%	$839K	$1.7M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4548	−0.064%	$1.9M	$3.8M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4543	−0.175%	$143K	$714K	10x	as long as short
Injective WLD/USDC PERP	+0.0112%	1h	0.4490	−1.338%	$6K	$90K	5.5x	as long as short
BloFin WLD-USDT	+0.0113%	8h	0.4541	−0.218%	$4.8M	$880K	75x	as long as short
01 Exchange WLDUSD	+0.0120%	1h	0.4550	−0.020%	$326	$77	5x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4545	−0.122%	—	—	20x	as long as short
GMX WLD/USD [ETH-USDC]short	L +0.0216% / S −0.1712%	1h	0.4546	−0.110%	$9K	—	100x
Coinbase International WLD-PERP-INTX	+0.0296%	1h	0.4555	+0.090%	$277K	$1.5M	50x	as long as short
Kraken Futures PF_WLDUSDlong	+0.0367%	1h	0.4551	long leg	$912K	$2.3M	50x
Lighter WLD	+0.0768%	1h	0.4556	+0.101%	$5.2M	$1.6M	10x	as long as short