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

WLD

all WLD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0836%/8h= +91.5% APRpaid last 24h +0.068%
Price spread now: Lighter against Aster+0.236%7-day average +0.114% · you sell dearer than you buy
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$390.392% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.125%+$13 on $10k
Price spread, last 7 days−0.120%−$12 · spread now +0.236%, 7d avg +0.114%
Together, before fees+0.006%+ Points / potential airdropAster: Stage 5 · Lighter: Season 3 · farm board+$1 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$25 a day on $10k at the current rate, and Lighter is 0.122% dearer against Aster than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.114%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.125% in total (about 6.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster WLDUSDT0.46110.0100pay 0.0100% / 8h7h 42m$192K$984K50x
ShortLighter WLD0.46220.0936get 0.0117% / 1h42m 38s$5.2M$2.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Aster. 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
$175.56
Price spread: +0.236% → +0.114%
$12.16
Slippage, 4 orders
−$31.23
Fee Aster: 4 bp × 2 orders
−$8
Fee Lighter: 0 bp × 2 orders
$0
Net
$148.5
Costs to cover
0.392%
Break-even
1.1 days
Slippage from Aster: live order book, 10 min ago; Lighter: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 10 min ago2.18 bp13.8 bp −$1428.0 bp −$280doesn't fitdoesn't fit
Sell Lighter live order book, 5 min ago1.96 bp9.9 bp −$1045.7 bp −$457doesn't fitdoesn't fit

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
Kalshi KXWLDPERP−0.0193%8h0.4610−0.027%$64K$3.9M1.7xas long as short
Nado WLD-PERP−0.0029%1h0.4612+0.017%$278K$169K5xas long as short
KuCoin WLDUSDTM−0.0010%8h0.4606−0.113%$7.0M$11.1M50xas long as short
dYdX WLD-USD0.0000%1h0.4616+0.099%$165K$13K10xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4614+0.063%$57K150xas long as short
Injective WLD/USDC PERP+0.0038%1h0.4597−0.309%$6K$185K5.5xas long as short
Orderly PERP_WLD_USDC+0.0041%8h0.4616+0.103%$28K$903K10xas long as short
Aster WLDUSDTlong+0.0100%8h0.4611long leg$192K$984K50x
Pacifica WLD+0.0100%1h0.4614+0.060%$54K$483K5xas long as short
Binance WLDUSDT+0.0100%8h0.4615+0.074%$87.1M$303.9M75xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit WLDUSDT+0.0100%8h0.4614+0.060%$66.2M$82.6M50xas long as short
OKX WLD-USDT-SWAP+0.0100%8h0.4612+0.017%$34.5M$144.2M50xas long as short
Gate WLD_USDT+0.0100%8h0.4612+0.017%$7.5M$35.2M75xas long as short
MEXC WLD_USDT+0.0100%8h0.4614+0.060%$47.0M$53.3M300xas long as short
Bitget WLDUSDT+0.0100%8h0.4615+0.082%$30.6M$26.1M75xas long as short
BingX WLD-USDC+0.0100%8h0.4612+0.017%$1.3Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4614+0.051%$137K$280K10xas long as short
Variational Omni WLD+0.0100%8h0.4584−0.595%$2.0M$1.7Mas long as short
edgeX WLDUSDC+0.0100%4h0.4585−0.578%$27K$318K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4601−0.232%$608K$1.9M10xas long as short
ApeX Omni WLDUSDT+0.0100%1h0.4590−0.460%$54K$229K50xas long as short
Polymarket Perps WLD-USD+0.0100%1h0.4611−0.005%$49K$1.6M10xas long as short
SunX WLD-USDT+0.0100%8h0.4619+0.168%$23K$1.5M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4615+0.082%$215$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4612+0.017%$858K$1.8M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4610−0.027%$1.8M$3.7M50xas long as short
Extended WLD-USD+0.0104%1h0.4612+0.012%$232K$847K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4617+0.128%$31K$6003xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4609−0.053%20xas long as short
Phoenix WLD+0.0157%1h0.4595−0.363%$5K$53K10xas long as short
BloFin WLD-USDT+0.0220%8h0.4609−0.048%$4.9M$828K75xas long as short
GMX WLD/USD [ETH-USDC]L +0.0229% / S −0.1268%1h0.4614+0.067%$5K100xas long as short
01 Exchange WLDUSD+0.0248%1h0.4619+0.160%$330$775xas long as short
Kraken Futures PF_WLDUSD+0.0327%1h0.4613+0.047%$909K$2.7M50xas long as short
Coinbase International WLD-PERP-INTX+0.0448%1h0.4616+0.103%$274K$1.7M50xas long as short
Deribit WLD_USDC-PERPETUAL+0.0616%1h0.4621+0.212%$124K$861K25xas long as short
Hyperliquid WLD+0.0723%1h0.4617+0.136%$51.4M$43.5M10xas long as short
Lighter WLDshort+0.0936%1h0.4622+0.236%$5.2M$2.0M10x