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

WLD

all WLD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0948%/8h= +103.8% APRnext payment +$1.19 per $10,000 · paid last 24h +0.226%
Price spread now: GMX against Lighter−0.230%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 fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Funding pays, the price is against you. GMX is 0.230% cheaper against Lighter than usual: you would sell low and buy high (spread −0.230% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$23 on $10k: about 19 hours of funding at the current rate (+$28 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter WLD0.46250.0320pay 0.0040% / 1h39m 27s$5.0M$2.3M10x
ShortGMX WLD/USD [ETH-USDC]0.4615L +0.0230% / S −0.1268%get 0.0159% / 1h39m 27s$5K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against Lighter. 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
$199.1
Price spread: −0.230% → 0.000%
−$23
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee GMX: 6 bp × 2 orders
−$12
Net
$164.1
Costs to cover
0.120%
Break-even
1.2 days
Slippage unknown: Lighter: live order book, 8 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
LegHalf-spread$10k$100k$1M$5M
Buy Lighter live order book, 8 min ago3.58 bp11.5 bp −$1148.1 bp −$481doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kalshi KXWLDPERP−0.0139%8h0.4633+0.169%$58K$4.5M1.7xas long as short
KuCoin WLDUSDTM−0.0039%8h0.4617−0.177%$7.1M$11.6M50xas long as short
dYdX WLD-USD0.0000%1h0.4621−0.100%$165K$26K10xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4616−0.203%$55K150xas long as short
Nado WLD-PERP+0.0054%1h0.4622−0.080%$267K$187K5xas long as short
Orderly PERP_WLD_USDC+0.0072%8h0.4634+0.190%$28K$893K10xas long as short
Aster WLDUSDT+0.0100%8h0.4627+0.040%$176K$1.0M50xas long as short
Pacifica WLD+0.0100%1h0.4622−0.072%$48K$511K5xas long as short
Binance WLDUSDT+0.0100%8h0.4619−0.128%$87.7M$324.8M75xas long as short
Bybit WLDUSDT+0.0100%8h0.4619−0.134%$66.0M$87.9M50xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX WLD-USDT-SWAP+0.0100%8h0.4621−0.091%$34.9M$148.8M50xas long as short
Gate WLD_USDT+0.0100%8h0.4619−0.134%$7.2M$36.8M75xas long as short
MEXC WLD_USDT+0.0100%8h0.4616−0.199%$45.4M$54.3M300xas long as short
Bitget WLDUSDT+0.0100%8h0.4620−0.112%$30.6M$29.4M75xas long as short
BingX WLD-USDC+0.0100%8h0.4616−0.199%$1.3Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4634+0.192%$138K$288K10xas long as short
Variational Omni WLD+0.0100%8h0.4632+0.138%$2.1M$1.8Mas long as short
edgeX WLDUSDC+0.0100%4h0.4631+0.120%$28K$317K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4659+0.722%$617K$1.8M10xas long as short
ApeX Omni WLDUSDT+0.0100%1h0.4646+0.450%$51K$236K50xas long as short
Polymarket Perps WLD-USD+0.0100%1h0.4619−0.130%$54K$2.0M10xas long as short
SunX WLD-USDT+0.0100%8h0.4637+0.255%$23K$1.6M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4631+0.125%$294$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4634+0.190%$846K$1.9M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4634+0.190%$1.8M$3.7M50xas long as short
Extended WLD-USD+0.0104%1h0.4617−0.172%$213K$927K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4632+0.158%$31K$6003xas long as short
01 Exchange WLDUSD+0.0120%1h0.4619−0.132%$330$805xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4619−0.140%20xas long as short
Phoenix WLD+0.0172%1h0.4639+0.307%$5K$57K10xas long as short
Deribit WLD_USDC-PERPETUAL+0.0182%1h0.4635+0.212%$120K$923K25xas long as short
BloFin WLD-USDT+0.0220%8h0.4627+0.039%$5.0M$803K75xas long as short
GMX WLD/USD [ETH-USDC]shortL +0.0230% / S −0.1268%1h0.4615−0.230%$5K100x
Lighter WLDlong+0.0320%1h0.4625long leg$5.0M$2.3M10x
Coinbase International WLD-PERP-INTX+0.0480%1h0.4640+0.320%$276K$1.7M50xas long as short
Hyperliquid WLD+0.0516%1h0.4627+0.045%$51.5M$42.9M10xas long as short
Injective WLD/USDC PERP+0.0677%1h0.4650+0.536%$6K$185K5.5xas long as short
Kraken Futures PF_WLDUSD+0.0894%1h0.4634+0.181%$902K$2.9M50xas long as short