Spread before costs (cost unknown: a leg has no order-book sample)−0.024%
7d average—if it closes, per $10,000$2funding while held, a day+$45.02
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | 01 Exchange WLDUSD | 0.4366 | 0 | get 0.0000% / 1h | 17m 48s | $312 | $77 | 5x |
| Short | GMX WLD/USD [ETH-USDC] | 0.4365 | L +0.0206% / S −0.1501% | get 0.0188% / 1h | 17m 48s | $7K | — | 100x |
GMX WLD/USD [ETH-USDC]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
- −$2.41
- Funding while held
- $45.02
- Slippage, 4 orders
- no order book: not counted
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $23.61
- Spread needed to break even
- 0.190%
Slippage unknown: 01 Exchange: no order-book sample; GMX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.1501%
- Per $10,000 a day
- +$45.02
- 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 01 Exchange no order-book sample | — | — | — | — | — |
| Sell GMX no order-book sample | — | — | — | — | — |
01 Exchange and 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.Variational Omni0.4355cheapestPhoenix0.4357+0.040%BloFin0.4357+0.049%HTX0.4358+0.072%edgeX0.4358+0.078%ApeX Omni0.4359+0.095%Bybit0.4360+0.118%Binance0.4361+0.141%OKX0.4361+0.141%MEXC0.4361+0.141%KuCoin0.4361+0.141%Extended0.4361+0.143%Reya0.4362+0.161%Gate0.4362+0.164%Bitget0.4362+0.164%BingX0.4362+0.164%Kalshi0.4362+0.164%SoDEX0.4362+0.164%Pacifica0.4363+0.187%Nado0.4363+0.187%Orderly0.4363+0.187%Aevo0.4363+0.187%Deribit0.4363+0.187%Phemex0.4363+0.187%Aster0.4363+0.191%Hyperliquid0.4363+0.191%gTrade (Gains Network)0.4364+0.211%Polymarket Perps0.4364+0.214%
Variational Omni
Phoenix
BloFin
HTX
ApeX Omni
Bybit
Binance
OKX
MEXC
KuCoin
Extended
Reya
Gate
Bitget
BingX
SoDEX
Pacifica
Nado
Orderly
Aevo
Deribit
Phemex
Aster
Hyperliquid
gTrade (Gains Network)
Polymarket PerpsGMX0.4365+0.229%
dYdX0.4365+0.241%Backpack0.4366+0.249%Injective0.4366+0.256%Coinbase International0.4366+0.256%Kraken Futures0.4367+0.277%SunX0.4368+0.301%Lighter0.4370+0.343%
dYdX
Backpack
Injective
Coinbase International
Kraken Futures
SunX
LighterWLD on 37 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni WLD | −0.253% | −0.0230% | 8h | $2.0M | $1.4M | — | as long as short |
| Phoenix WLD | −0.213% | −0.0091% | 1h | $2K | $50K | 10x | as long as short |
| BloFin WLD-USDT | −0.204% | +0.0059% | 8h | $4.7M | $975K | 75x | as long as short |
| HTX WLD-USDT | −0.181% | +0.0100% | 8h | $811K | $1.6M | 50x | as long as short |
| edgeX WLDUSDC | −0.175% | +0.0100% | 4h | $26K | $315K | 20x | as long as short |
| ApeX Omni WLDUSDT | −0.158% | +0.0100% | 1h | $63K | $221K | 50x | as long as short |
| Bybit WLDUSDT | −0.135% | −0.0313% | 8h | $62.4M | $69.0M | 50x | as long as short |
| Binance WLDUSDT | −0.112% | −0.0059% | 8h | $78.9M | $259.2M | 75x | as long as short |
| OKX WLD-USDT-SWAP | −0.112% | −0.0025% | 8h | $33.3M | $123.4M | 50x | as long as short |
| MEXC WLD_USDT | −0.112% | −0.0060% | 8h | $43.6M | $43.4M | 300x | as long as short |
Show all 37 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin WLDUSDTM | −0.112% | −0.0038% | 8h | $7.1M | $10.1M | 50x | as long as short |
| Extended WLD-USD | −0.110% | +0.0088% | 1h | $149K | $555K | 10x | as long as short |
| Reya WLDRUSDPERP | −0.093% | +0.0134% | 1h | — | — | 20x | as long as short |
| Gate WLD_USDT | −0.089% | −0.0078% | 8h | $7.2M | $32.1M | 75x | as long as short |
| Bitget WLDUSDT | −0.089% | +0.0096% | 8h | $28.6M | $24.0M | 75x | as long as short |
| BingX WLD-USDC | −0.089% | +0.0086% | 8h | — | $1.3M | — | as long as short |
| Kalshi KXWLDPERP | −0.089% | −0.0149% | 8h | $88K | $3.5M | 1.7x | as long as short |
| SoDEX WLD-USD | −0.089% | +0.0100% | 1h | $190 | $5K | 10x | as long as short |
| Pacifica WLD | −0.066% | +0.0100% | 1h | $60K | $467K | 5x | as long as short |
| Nado WLD-PERP | −0.066% | −0.0049% | 1h | $341K | $165K | 5x | as long as short |
| Orderly PERP_WLD_USDC | −0.066% | −0.0037% | 8h | $27K | $936K | 10x | as long as short |
| Aevo WLD-PERP | −0.066% | +0.0064% | 1h | $30K | $5K | 3x | as long as short |
| Deribit WLD_USDC-PERPETUAL | −0.066% | 0.0000% | 1h | $111K | $775K | 25x | as long as short |
| Phemex WLDUSDT | −0.066% | +0.0100% | 8h | $1.8M | $3.8M | 50x | as long as short |
| Aster WLDUSDT | −0.062% | +0.0100% | 8h | $227K | $908K | 50x | as long as short |
| Hyperliquid WLD | −0.062% | +0.0100% | 1h | $44.2M | $36.0M | 10x | as long as short |
| gTrade (Gains Network) WLD/USD | −0.042% | L +0.0003% / S −0.0003% | 1h | $56K | — | 150x | as long as short |
| Polymarket Perps WLD-USD | −0.039% | +0.0100% | 1h | $41K | $1.8M | 10x | as long as short |
| GMX WLD/USD [ETH-USDC]short | −0.024% | L +0.0206% / S −0.1501% | 1h | $7K | — | 100x | |
| dYdX WLD-USD | −0.013% | +0.0041% | 1h | $150K | $4K | 10x | as long as short |
| Backpack WLD_USDC_PERP | −0.005% | +0.0100% | 1h | $130K | $283K | 10x | as long as short |
| 01 Exchange WLDUSDlong | 0.000% | 0.0000% | 1h | $312 | $77 | 5x | |
| Injective WLD/USDC PERP | +0.002% | +0.0217% | 1h | $6K | $194 | 5.5x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.002% | +0.0296% | 1h | $264K | $1.5M | 50x | as long as short |
| Kraken Futures PF_WLDUSD | +0.023% | +0.0169% | 1h | $885K | $2.3M | 50x | as long as short |
| SunX WLD-USDT | +0.048% | +0.0100% | 8h | $22K | $1.4M | 50x | as long as short |
| Lighter WLD | +0.089% | +0.0168% | 1h | $4.7M | $1.2M | 10x | as long as short |