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

WLD

all WLD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0748%/8h= −81.9% APRnext payment $0.94 per $10,000 · paid last 24h −0.072%
Price spread now: SoDEX against Lighter−0.235%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 −$22 a day on $10k at the current rate, and SoDEX is 0.235% cheaper against Lighter than usual: you would sell low and buy high (−$23 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 WLD0.46040.0848pay 0.0106% / 1h38m 21s$5.2M$2.1M10x
ShortSoDEX WLD-USD0.45930.0100get 0.0013% / 1h38m 21s$220$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
−$157.08
Price spread: −0.235% → 0.000%
−$23.46
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$188.54
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: Lighter: live order book, 5 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, 5 min ago6.54 bp11.4 bp −$1144.5 bp −$445doesn'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
Injective WLD/USDC PERP−0.0235%1h0.4675+1.547%$6K$185K5.5xas long as short
Kalshi KXWLDPERP−0.0163%8h0.4594−0.213%$34K$4.4M1.7xas long as short
KuCoin WLDUSDTM−0.0043%8h0.4597−0.148%$6.9M$11.4M50xas long as short
dYdX WLD-USD0.0000%1h0.4606+0.049%$157K$19K10xas long as short
Deribit WLD_USDC-PERPETUAL0.0000%1h0.4589−0.321%$129K$909K25xas long as short
Nado WLD-PERP+0.0002%1h0.4599−0.104%$267K$178K5xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4592−0.256%$66K150xas long as short
ApeX Omni WLDUSDT+0.0016%1h0.4681+1.677%$51K$241K50xas long as short
Orderly PERP_WLD_USDC+0.0056%8h0.4589−0.321%$28K$898K10xas long as short
Gate WLD_USDT+0.0060%8h0.4594−0.213%$7.3M$37.1M75xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix WLD+0.0068%1h0.4673+1.494%$5K$54K10xas long as short
Aster WLDUSDT+0.0100%8h0.4604+0.004%$176K$1.0M50xas long as short
Pacifica WLD+0.0100%1h0.4606+0.049%$56K$509K5xas long as short
Binance WLDUSDT+0.0100%8h0.4597−0.148%$87.2M$323.2M75xas long as short
Bybit WLDUSDT+0.0100%8h0.4600−0.083%$65.8M$86.8M50xas long as short
OKX WLD-USDT-SWAP+0.0100%8h0.4600−0.083%$34.7M$150.1M50xas long as short
MEXC WLD_USDT+0.0100%8h0.4601−0.061%$46.3M$55.3M300xas long as short
Bitget WLDUSDT+0.0100%8h0.4592−0.256%$30.5M$29.0M75xas long as short
BingX WLD-USDT+0.0100%8h0.4592−0.256%$67.6Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4621+0.374%$138K$291K10xas long as short
Variational Omni WLD+0.0100%8h0.4629+0.543%$2.1M$1.7Mas long as short
edgeX WLDUSDC+0.0100%4h0.4680+1.663%$28K$316K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4618+0.319%$606K$1.9M10xas long as short
Polymarket Perps WLD-USD+0.0100%1h0.4605+0.020%$53K$2.0M10xas long as short
SunX WLD-USDT+0.0100%8h0.4595−0.191%$23K$1.6M50xas long as short
SoDEX WLD-USDshort+0.0100%1h0.4593−0.235%$220$5K10x
HTX WLD-USDT+0.0100%8h0.4593−0.235%$869K$1.9M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4597−0.148%$1.8M$3.7M50xas long as short
Extended WLD-USD+0.0104%1h0.4591−0.280%$212K$887K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4592−0.248%$31K$6003xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4600−0.076%20xas long as short
BloFin WLD-USDT+0.0220%8h0.4719+2.502%$5.0M$878K75xas long as short
GMX WLD/USD [ETH-USDC]L +0.0238% / S −0.1538%1h0.4592−0.260%$6K100xas long as short
01 Exchange WLDUSD+0.0272%1h0.4602−0.039%$329$775xas long as short
Coinbase International WLD-PERP-INTX+0.0456%1h0.4599−0.104%$272K$1.7M50xas long as short
Hyperliquid WLD+0.0598%1h0.4608+0.096%$51.5M$44.0M10xas long as short
Kraken Futures PF_WLDUSD+0.0651%1h0.4595−0.181%$900K$2.8M50xas long as short
Lighter WLDlong+0.0848%1h0.4604long leg$5.2M$2.1M10x