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

WLD

all WLD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0676%/8h= +74.0% APRpaid last 24h +0.013%
Price spread now: Lighter against BloFin+0.332%60s7-day average +0.099% · you sell dearer than you buy
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$370.372% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.089%−$9 on $10k
Price spread, last 3 days (all we have)−0.449%−$45 · spread now +0.332%, 7d avg +0.099%
Together, before fees−0.538%+ Points / potential airdropLighter: Season 3 · farm board−$54 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$20 a day on $10k at the current rate, and Lighter is 0.233% dearer against BloFin than usual: you sell high and buy low: +$23 more if the spread goes back to its 7-day average of +0.099%. Mind the row above: over the last 7 days funding on this pair cost −0.089%, so the current rate has only just turned in your favour. The two prices were read 60 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.089% in total (about -4.6% 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
LongBloFin WLD-USDT0.45510.0220pay 0.0220% / 8h1h 50m$4.8M$814K75x
ShortLighter WLD0.45660.0896get 0.0112% / 1h50m 09s$5.2M$2.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against BloFin. 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
$141.96
Price spread: +0.332% → +0.099%
$23.29
Slippage, 4 orders
−$25.24
Fee BloFin: 6 bp × 2 orders
−$12
Fee Lighter: 0 bp × 2 orders
$0
Net
$128.01
Costs to cover
0.372%
Break-even
0.7 days
Slippage from BloFin: live order book, 3 min ago; Lighter: live order book, 3 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 BloFin live order book, 3 min ago2.20 bp10.1 bp −$1013.9 bp −$13938.7 bp −$3,869129.1 bp −$64.5K
Sell Lighter live order book, 3 min ago1.10 bp5.0 bp −$532.7 bp −$327doesn'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−0.0442%8h0.4559+0.176%$44K$3.8M1.7xas long as short
Injective WLD/USDC PERP−0.0079%1h0.4522−0.637%$6K$185K5.5xas long as short
Orderly PERP_WLD_USDC−0.0010%8h0.4555+0.088%$28K$915K10xas long as short
dYdX WLD-USD0.0000%1h0.4557+0.134%$155K$6K10xas long as short
Deribit WLD_USDC-PERPETUAL0.0000%1h0.4556+0.110%$120K$897K25xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4554+0.072%$57K150xas long as short
KuCoin WLDUSDTM+0.0008%8h0.4552+0.022%$7.0M$10.7M50xas long as short
Variational Omni WLD+0.0045%8h0.4543−0.173%$2.1M$1.6Mas long as short
Nado WLD-PERP+0.0085%1h0.4557+0.132%$274K$169K5xas long as short
Aster WLDUSDT+0.0100%8h0.4554+0.057%$213K$973K50xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica WLD+0.0100%1h0.4559+0.169%$51K$481K5xas long as short
Binance WLDUSDT+0.0100%8h0.4555+0.096%$85.9M$293.9M75xas long as short
Bybit WLDUSDT+0.0100%8h0.4553+0.044%$64.9M$80.5M50xas long as short
OKX WLD-USDT-SWAP+0.0100%8h0.4555+0.088%$34.1M$139.1M50xas long as short
Gate WLD_USDT+0.0100%8h0.4554+0.066%$7.4M$34.7M75xas long as short
MEXC WLD_USDT+0.0100%8h0.4556+0.110%$57.8M$49.6M300xas long as short
Bitget WLDUSDT+0.0100%8h0.4555+0.088%$30.2M$25.1M75xas long as short
BingX WLD-USDT+0.0100%8h0.4555+0.088%$68.0Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4556+0.119%$129K$269K10xas long as short
edgeX WLDUSDC+0.0100%4h0.4550−0.014%$27K$315K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4557+0.132%$611K$1.9M10xas long as short
ApeX Omni WLDUSDT+0.0100%1h0.4549−0.044%$55K$227K50xas long as short
Polymarket Perps WLD-USD+0.0100%1h0.4554+0.075%$46K$1.7M10xas long as short
SunX WLD-USDT+0.0100%8h0.4560+0.198%$23K$1.5M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4555+0.088%$202$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4548−0.066%$859K$1.8M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4554+0.066%$1.8M$3.8M50xas long as short
Extended WLD-USD+0.0104%1h0.4553+0.044%$133K$745K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4557+0.127%$31K$5K3xas long as short
Phoenix WLD+0.0124%1h0.4556+0.116%$5K$53K10xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4553+0.048%20xas long as short
Kraken Futures PF_WLDUSD+0.0187%1h0.4558+0.165%$918K$2.6M50xas long as short
BloFin WLD-USDTlong+0.0220%8h0.4551long leg$4.8M$814K75x
GMX WLD/USD [ETH-USDC]L +0.0257% / S −0.2185%1h0.4555+0.085%$9K100xas long as short
01 Exchange WLDUSD+0.0264%1h0.4560+0.196%$326$775xas long as short
Coinbase International WLD-PERP-INTX+0.0424%1h0.4531−0.439%$277K$1.6M50xas long as short
Lighter WLDshort+0.0896%1h0.4566+0.332%$5.2M$2.1M10x
Hyperliquid WLD+0.1193%1h0.4567+0.341%$49.1M$42.5M10xas long as short