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−0.0900%/8h= −98.5% APRnext payment $1.13 per $10,000 · paid last 24h −0.061%
Price spread now: SoDEX against Lighter−0.030%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 −$27 a day on $10k at the current rate, and SoDEX is 0.030% cheaper against Lighter than usual: you would sell low and buy high (−$3 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 WLD0.46890.1000pay 0.0125% / 1h1m 35s$5.3M$2.1M10x
ShortSoDEX WLD-USD0.46880.0100get 0.0013% / 1h1m 35s$223$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
−$189
Price spread: −0.030% → 0.000%
−$2.99
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$199.99
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 ago5.06 bp12.2 bp −$1232.3 bp −$323doesn'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−0.0162%8h0.4701+0.247%$29K$4.1M1.7xas long as short
KuCoin WLDUSDTM−0.0027%8h0.4682−0.158%$7.0M$11.2M50xas long as short
Nado WLD-PERP−0.0022%1h0.4692+0.055%$272K$178K5xas long as short
dYdX WLD-USD0.0000%1h0.4679−0.217%$167K$12K10xas long as short
Deribit WLD_USDC-PERPETUAL0.0000%1h0.4694+0.098%$130K$904K25xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4696+0.139%$56K150xas long as short
Injective WLD/USDC PERP+0.0038%1h0.4744+1.164%$6K$185K5.5xas long as short
Orderly PERP_WLD_USDC+0.0050%8h0.4693+0.077%$29K$899K10xas long as short
Aster WLDUSDT+0.0100%8h0.4686−0.072%$214K$996K50xas long as short
Pacifica WLD+0.0100%1h0.4682−0.155%$55K$485K5xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance WLDUSDT+0.0100%8h0.4677−0.264%$89.2M$312.6M75xas long as short
Bybit WLDUSDT+0.0100%8h0.4676−0.286%$67.6M$84.1M50xas long as short
OKX WLD-USDT-SWAP+0.0100%8h0.4677−0.264%$35.4M$149.4M50xas long as short
Gate WLD_USDT+0.0100%8h0.4675−0.307%$7.4M$37.1M75xas long as short
MEXC WLD_USDT+0.0100%8h0.4678−0.243%$47.9M$55.3M300xas long as short
Bitget WLDUSDT+0.0100%8h0.4677−0.264%$31.3M$27.6M75xas long as short
BingX WLD-USDT+0.0100%8h0.4677−0.264%$67.2Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4690+0.019%$142K$278K10xas long as short
Variational Omni WLD+0.0100%8h0.4705+0.325%$2.1M$1.7Mas long as short
edgeX WLDUSDC+0.0100%4h0.4713+0.503%$28K$318K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4742+1.120%$626K$1.9M10xas long as short
ApeX Omni WLDUSDT+0.0100%1h0.4709+0.418%$57K$233K50xas long as short
Polymarket Perps WLD-USD+0.0100%1h0.4697+0.171%$45K$1.8M10xas long as short
SunX WLD-USDT+0.0100%8h0.4701+0.247%$23K$1.6M50xas long as short
SoDEX WLD-USDshort+0.0100%1h0.4688−0.030%$223$5K10x
HTX WLD-USDT+0.0100%8h0.4683−0.136%$889K$1.9M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4691+0.034%$1.9M$3.7M50xas long as short
Extended WLD-USD+0.0104%1h0.4675−0.310%$216K$905K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4695+0.110%$32K$6003xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4694+0.104%20xas long as short
Phoenix WLD+0.0157%1h0.4732+0.908%$5K$53K10xas long as short
BloFin WLD-USDT+0.0220%8h0.4694+0.098%$5.0M$872K75xas long as short
GMX WLD/USD [ETH-USDC]L +0.0239% / S −0.1538%1h0.4696+0.137%$6K100xas long as short
01 Exchange WLDUSD+0.0256%1h0.4681−0.181%$335$775xas long as short
Kraken Futures PF_WLDUSD+0.0321%1h0.4691+0.035%$932K$2.8M50xas long as short
Coinbase International WLD-PERP-INTX+0.0448%1h0.4697+0.162%$274K$1.7M50xas long as short
Hyperliquid WLD+0.0871%1h0.4692+0.051%$52.5M$44.2M10xas long as short
Lighter WLDlong+0.1000%1h0.4689long leg$5.3M$2.1M10x