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−0.0828%/8h= −90.7% APRnext payment $1.04 per $10,000 · paid last 24h −0.061%
Price spread now: SoDEX against Lighter−0.193%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
Both sides work against this trade now: funding costs −$25 a day on $10k at the current rate, and SoDEX is 0.193% cheaper against Lighter than usual: you would sell low and buy high (−$19 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter WLD0.46540.0928pay 0.0116% / 1h37m 17s$5.3M$2.0M10x
ShortSoDEX WLD-USD0.46450.0100get 0.0013% / 1h37m 17s$216$5K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
−$173.88
Price spread: −0.193% → 0.000%
−$19.34
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$201.22
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: Lighter: live order book, 6 min ago; SoDEX: 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, 6 min ago3.89 bp4.4 bp −$433.1 bp −$331doesn't fitdoesn't fit
Sell SoDEX no order-book sample
SoDEX: 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−0.0186%8h0.4629−0.537%$58K$3.9M1.7xas long as short
Nado WLD-PERP−0.0029%1h0.4639−0.317%$279K$169K5xas long as short
KuCoin WLDUSDTM−0.0014%8h0.4637−0.365%$7.0M$11.1M50xas long as short
dYdX WLD-USD0.0000%1h0.4637−0.370%$165K$13K10xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4643−0.234%$57K150xas long as short
Injective WLD/USDC PERP+0.0038%1h0.4597−1.225%$6K$185K5.5xas long as short
Orderly PERP_WLD_USDC+0.0042%8h0.4643−0.236%$28K$903K10xas long as short
Aster WLDUSDT+0.0100%8h0.4640−0.308%$194K$984K50xas long as short
Pacifica WLD+0.0100%1h0.4637−0.375%$54K$482K5xas long as short
Binance WLDUSDT+0.0100%8h0.4642−0.251%$87.9M$304.1M75xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit WLDUSDT+0.0100%8h0.4643−0.236%$66.8M$82.3M50xas long as short
OKX WLD-USDT-SWAP+0.0100%8h0.4643−0.236%$34.9M$145.1M50xas long as short
Gate WLD_USDT+0.0100%8h0.4642−0.258%$7.6M$35.3M75xas long as short
MEXC WLD_USDT+0.0100%8h0.4641−0.279%$47.5M$53.4M300xas long as short
Bitget WLDUSDT+0.0100%8h0.4645−0.193%$30.8M$26.2M75xas long as short
BingX WLD-USDC+0.0100%8h0.4642−0.258%$1.3Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4637−0.376%$138K$280K10xas long as short
Variational Omni WLD+0.0100%8h0.4618−0.778%$2.1M$1.7Mas long as short
edgeX WLDUSDC+0.0100%4h0.4627−0.590%$27K$316K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4630−0.516%$612K$1.9M10xas long as short
ApeX Omni WLDUSDT+0.0100%1h0.4625−0.623%$55K$229K50xas long as short
Polymarket Perps WLD-USD+0.0100%1h0.4643−0.245%$56K$1.6M10xas long as short
SunX WLD-USDT+0.0100%8h0.4649−0.107%$23K$1.5M50xas long as short
SoDEX WLD-USDshort+0.0100%1h0.4645−0.193%$216$5K10x
HTX WLD-USDT+0.0100%8h0.4641−0.279%$864K$1.8M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4643−0.236%$1.8M$3.7M50xas long as short
Extended WLD-USD+0.0104%1h0.4644−0.214%$234K$847K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4645−0.202%$32K$6003xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4640−0.295%20xas long as short
Phoenix WLD+0.0157%1h0.4629−0.535%$5K$53K10xas long as short
Deribit WLD_USDC-PERPETUAL+0.0181%1h0.4646−0.172%$133K$871K25xas long as short
BloFin WLD-USDT+0.0220%8h0.4643−0.236%$4.9M$834K75xas long as short
GMX WLD/USD [ETH-USDC]L +0.0234% / S −0.1403%1h0.4643−0.241%$6K100xas long as short
01 Exchange WLDUSD+0.0240%1h0.4643−0.226%$332$775xas long as short
Kraken Futures PF_WLDUSD+0.0324%1h0.4649−0.103%$916K$2.7M50xas long as short
Coinbase International WLD-PERP-INTX+0.0448%1h0.4641−0.279%$276K$1.7M50xas long as short
Hyperliquid WLD+0.0728%1h0.4649−0.107%$51.7M$43.4M10xas long as short
Lighter WLDlong+0.0928%1h0.4654long leg$5.3M$2.0M10x