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

WLD

all WLD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0104%/8h= −11.4% APRnext payment $0.13 per $10,000 · paid last 24h −0.100%
Price spread now: 01 Exchange against Lighter−0.171%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 4 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 −$3 a day on $10k at the current rate, and 01 Exchange is 0.171% cheaper against Lighter than usual: you would sell low and buy high (−$17 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 WLD0.45160.0168pay 0.0021% / 1h36m 57s$4.9M$2.9M10x
Short01 Exchange WLDUSD0.45080.0064get 0.0008% / 1h36m 57s$323$555x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
−$21.84
Price spread: −0.171% → 0.000%
−$17.05
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$45.89
Costs to cover
0.070%
Break-even
never at this rate
Slippage unknown: Lighter: live order book, 6 min ago; 01 Exchange: 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 ago2.00 bp7.1 bp −$733.0 bp −$330doesn't fitdoesn't fit
Sell 01 Exchange no order-book sample
01 Exchange: 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
Nado WLD-PERP−0.0054%1h0.4506−0.221%$242K$208K5xas long as short
dYdX WLD-USD0.0000%1h0.4505−0.236%$154K$33K10xas long as short
Kalshi KXWLDPERP0.0000%8h0.4508−0.177%$73K$4.8M1.7xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4511−0.111%$65K150xas long as short
KuCoin WLDUSDTM+0.0043%8h0.4509−0.155%$6.7M$11.9M50xas long as short
Polymarket Perps WLD-USD+0.0050%1h0.4506−0.213%$42K$2.4M10xas long as short
01 Exchange WLDUSDshort+0.0064%1h0.4508−0.171%$323$555x
Orderly PERP_WLD_USDC+0.0098%8h0.4511−0.111%$28K$826K10xas long as short
Aster WLDUSDT+0.0100%8h0.4508−0.174%$225K$1.1M50xas long as short
Pacifica WLD+0.0100%1h0.4507−0.201%$50K$541K5xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance WLDUSDT+0.0100%8h0.4510−0.133%$85.8M$338.8M75xas long as short
Bybit WLDUSDT+0.0100%8h0.4509−0.155%$64.2M$91.9M50xas long as short
OKX WLD-USDT-SWAP+0.0100%8h0.4509−0.155%$34.0M$153.5M50xas long as short
Gate WLD_USDT+0.0100%8h0.4510−0.133%$7.3M$37.0M75xas long as short
MEXC WLD_USDT+0.0100%8h0.4510−0.133%$38.4M$55.6M300xas long as short
Bitget WLDUSDT+0.0100%8h0.4509−0.155%$29.7M$31.1M75xas long as short
BingX WLD-USDC+0.0100%8h0.4512−0.089%$1.3Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4514−0.044%$134K$307K10xas long as short
Variational Omni WLD+0.0100%8h0.4488−0.625%$2.0M$1.7Mas long as short
edgeX WLDUSDC+0.0100%4h0.4481−0.773%$27K$320K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4492−0.534%$593K$2.0M10xas long as short
ApeX Omni WLDUSDT+0.0100%1h0.4480−0.797%$48K$240K50xas long as short
SunX WLD-USDT+0.0100%8h0.4520+0.089%$23K$1.6M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4512−0.089%$205$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4511−0.111%$824K$1.8M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4510−0.133%$1.8M$3.7M50xas long as short
Extended WLD-USD+0.0104%1h0.4505−0.236%$220K$999K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4514−0.054%$31K$6003xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4508−0.181%20xas long as short
Phoenix WLD+0.0142%1h0.4493−0.512%$5K$52K10xas long as short
Lighter WLDlong+0.0168%1h0.4516long leg$4.9M$2.9M10x
Injective WLD/USDC PERP+0.0176%1h0.4519+0.066%$6K$185K5.5xas long as short
Deribit WLD_USDC-PERPETUAL+0.0193%1h0.4514−0.044%$144K$1.0M25xas long as short
GMX WLD/USD [ETH-USDC]L +0.0219% / S −0.0967%1h0.4510−0.137%$4K100xas long as short
BloFin WLD-USDT+0.0220%8h0.4512−0.089%$4.8M$928K75xas long as short
Hyperliquid WLD+0.0308%1h0.4516−0.007%$48.8M$44.2M10xas long as short
Kraken Futures PF_WLDUSD+0.0502%1h0.4515−0.015%$861K$2.9M50xas long as short
Coinbase International WLD-PERP-INTX+0.0536%1h0.4515−0.022%$275K$1.7M50xas long as short