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+0.0908%/8h= +99.4% APRpaid last 24h +0.062%
Price spread now: Lighter against MEXC+0.260%7-day average +0.106% · you sell dearer than you buy
Net, funding: paid 7d − costs−$5as in the Funding arb table
Net, price: spread back to 7d avg − costs−$7as in the Price arb table
costs, in and out, $10k−$230.227% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.176%+$18 on $10k
Price spread, last 7 days−0.125%−$12 · spread now +0.260%, 7d avg +0.106%
Together, before fees+0.051%+ Points / potential airdropLighter: Season 3 · farm board+$5 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$27 a day on $10k at the current rate, and Lighter is 0.154% dearer against MEXC than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of +0.106%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.176% in total (about 9.2% 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
LongMEXC WLD_USDT0.45770.0100pay 0.0100% / 8h7h 57m$46.3M$53.1M300x
ShortLighter WLD0.45890.1008get 0.0126% / 1h57m 35s$5.2M$2.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against MEXC. 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
$190.68
Price spread: +0.260% → +0.106%
$15.36
Slippage, 4 orders
−$22.66
Fee MEXC: 0 bp × 2 orders
$0
Fee Lighter: 0 bp × 2 orders
$0
Net
$183.38
Costs to cover
0.227%
Break-even
0.3 days
Slippage from MEXC: live order book, 1 min ago; Lighter: live order book, 10 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 MEXC live order book, 1 min ago1.10 bp3.2 bp −$36.4 bp −$6432.6 bp −$3,25887.3 bp −$43.6K
Sell Lighter live order book, 10 min ago3.60 bp7.9 bp −$826.4 bp −$264doesn'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−0.0202%8h0.4575−0.044%$65K$3.9M1.7xas long as short
dYdX WLD-USD0.0000%1h0.4576−0.026%$163K$13K10xas long as short
KuCoin WLDUSDTM+0.0003%8h0.4573−0.087%$6.9M$11.0M50xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4579+0.049%$56K150xas long as short
Injective WLD/USDC PERP+0.0038%1h0.4585+0.175%$6K$185K5.5xas long as short
Orderly PERP_WLD_USDC+0.0039%8h0.4578+0.022%$28K$906K10xas long as short
Nado WLD-PERP+0.0063%1h0.4582+0.120%$276K$169K5xas long as short
Aster WLDUSDT+0.0100%8h0.4578+0.023%$192K$1.0M50xas long as short
Pacifica WLD+0.0100%1h0.4578+0.024%$54K$487K5xas long as short
Binance WLDUSDT+0.0100%8h0.4578+0.022%$86.5M$304.0M75xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit WLDUSDT+0.0100%8h0.45770.000%$65.8M$82.8M50xas long as short
OKX WLD-USDT-SWAP+0.0100%8h0.4582+0.109%$34.3M$143.7M50xas long as short
Gate WLD_USDT+0.0100%8h0.4576−0.022%$7.5M$34.9M75xas long as short
MEXC WLD_USDTlong+0.0100%8h0.4577long leg$46.3M$53.1M300x
Bitget WLDUSDT+0.0100%8h0.45770.000%$30.3M$26.1M75xas long as short
BingX WLD-USDC+0.0100%8h0.4578+0.022%$1.3Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4579+0.035%$136K$283K10xas long as short
Variational Omni WLD+0.0100%8h0.4578+0.019%$2.0M$1.7Mas long as short
edgeX WLDUSDC+0.0100%4h0.4579+0.054%$27K$315K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4585+0.175%$608K$1.9M10xas long as short
ApeX Omni WLDUSDT+0.0100%1h0.4580+0.066%$55K$228K50xas long as short
Polymarket Perps WLD-USD+0.0100%1h0.4578+0.015%$48K$1.6M10xas long as short
SunX WLD-USDT+0.0100%8h0.4584+0.153%$23K$1.5M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4575−0.044%$213$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4567−0.218%$850K$1.8M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4578+0.022%$1.8M$3.7M50xas long as short
Extended WLD-USD+0.0104%1h0.4577−0.007%$231K$847K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4581+0.082%$31K$5K3xas long as short
Phoenix WLD+0.0104%1h0.4586+0.186%$5K$53K10xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4574−0.069%20xas long as short
Deribit WLD_USDC-PERPETUAL+0.0187%1h0.4580+0.066%$122K$892K25xas long as short
BloFin WLD-USDT+0.0220%8h0.4581+0.087%$4.9M$822K75xas long as short
GMX WLD/USD [ETH-USDC]L +0.0229% / S −0.1268%1h0.4580+0.064%$5K100xas long as short
01 Exchange WLDUSD+0.0264%1h0.4582+0.114%$328$775xas long as short
Kraken Futures PF_WLDUSD+0.0329%1h0.4578+0.030%$903K$2.7M50xas long as short
Coinbase International WLD-PERP-INTX+0.0448%1h0.4580+0.066%$273K$1.6M50xas long as short
Hyperliquid WLD+0.0740%1h0.4583+0.135%$50.8M$43.6M10xas long as short
Lighter WLDshort+0.1008%1h0.4589+0.260%$5.2M$2.0M10x