Spread before costs (cost unknown: a leg has no order-book sample)+0.231%
7d average—if it closes, per $10,000$23funding while held, a day−$0.12
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX WLD-USD | 0.4408 | 0.0100 | pay 0.0013% / 1h | 39m 36s | $192 | $5K | 10x |
| Short | Lighter WLD | 0.4418 | 0.0096 | get 0.0012% / 1h | 39m 36s | $4.8M | $1.1M | 10x |
Price spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $23.14
- Funding while held
- −$0.12
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $15.02
- Spread needed to break even
- 0.080%
Slippage unknown: SoDEX: no order-book sample; Lighter: live order book, 10 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0004%
- Per $10,000 a day
- −$0.12
- Average in range /8h
- —
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy SoDEX no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 10 min ago | 3.84 bp | 10.2 bp −$10 | 37.2 bp −$372 | doesn't fit | doesn't fit |
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 price on every exchange
against the cheapest. Click to use as the short leg.WLD on 36 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| edgeX WLDUSDC | −0.362% | +0.0100% | 4h | $26K | $316K | 20x | as long as short |
| ApeX Omni WLDUSDT | −0.295% | +0.0054% | 1h | $58K | $218K | 50x | as long as short |
| Phoenix WLD | −0.238% | +0.0018% | 1h | $2K | $56K | 10x | as long as short |
| Variational Omni WLD | −0.195% | −0.0064% | 8h | $2.0M | $1.6M | — | as long as short |
| HTX WLD-USDT | −0.045% | +0.0100% | 8h | $816K | $1.5M | 50x | as long as short |
| Orderly PERP_WLD_USDC | −0.023% | −0.0025% | 8h | $27K | $958K | 10x | as long as short |
| Reya WLDRUSDPERP | −0.013% | +0.0134% | 1h | — | — | 20x | as long as short |
| SoDEX WLD-USDlong | 0.000% | +0.0100% | 1h | $192 | $5K | 10x | |
| BloFin WLD-USDT | 0.000% | +0.0088% | 8h | $4.9M | $1.2M | 75x | as long as short |
| Extended WLD-USD | +0.007% | +0.0104% | 1h | $127K | $658K | 10x | as long as short |
Show all 36 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Nado WLD-PERP | +0.011% | +0.0017% | 1h | $347K | $187K | 5x | as long as short |
| Bybit WLDUSDT | +0.023% | −0.0075% | 8h | $63.1M | $74.8M | 50x | as long as short |
| gTrade (Gains Network) WLD/USD | +0.023% | L +0.0003% / S −0.0003% | 1h | $70K | — | 150x | as long as short |
| Deribit WLD_USDC-PERPETUAL | +0.023% | 0.0000% | 1h | $121K | $746K | 25x | as long as short |
| Aevo WLD-PERP | +0.024% | +0.0072% | 1h | $30K | $5K | 3x | as long as short |
| Hyperliquid WLD | +0.034% | +0.0100% | 1h | $45.9M | $38.4M | 10x | as long as short |
| Backpack WLD_USDC_PERP | +0.039% | +0.0100% | 1h | $131K | $318K | 10x | as long as short |
| GMX WLD/USD [ETH-USDC] | +0.043% | L +0.0187% / S −0.1014% | 1h | $5K | — | 100x | as long as short |
| Polymarket Perps WLD-USD | +0.043% | +0.0100% | 1h | $50K | $1.7M | 10x | as long as short |
| Pacifica WLD | +0.045% | +0.0100% | 1h | $74K | $493K | 5x | as long as short |
| KuCoin WLDUSDTM | +0.045% | +0.0038% | 8h | $6.9M | $12.2M | 50x | as long as short |
| Bitget WLDUSDT | +0.045% | +0.0060% | 8h | $28.9M | $25.0M | 75x | as long as short |
| BingX WLD-USDT | +0.045% | +0.0064% | 8h | — | $68.6M | — | as long as short |
| Phemex WLDUSDT | +0.045% | +0.0100% | 8h | $1.8M | $3.9M | 50x | as long as short |
| Kraken Futures PF_WLDUSD | +0.047% | −0.0033% | 1h | $778K | $1.9M | 50x | as long as short |
| dYdX WLD-USD | +0.054% | +0.0046% | 1h | $152K | $5K | 10x | as long as short |
| Binance WLDUSDT | +0.068% | −0.0031% | 8h | $80.8M | $269.9M | 75x | as long as short |
| OKX WLD-USDT-SWAP | +0.068% | −0.0011% | 8h | $33.3M | $130.4M | 50x | as long as short |
| Gate WLD_USDT | +0.068% | +0.0028% | 8h | $7.1M | $33.6M | 75x | as long as short |
| MEXC WLD_USDT | +0.068% | −0.0030% | 8h | $40.3M | $46.4M | 300x | as long as short |
| Aster WLDUSDT | +0.070% | +0.0037% | 8h | $356K | $778K | 50x | as long as short |
| Kalshi KXWLDPERP | +0.113% | −0.0224% | 8h | $74K | $3.0M | 1.7x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.113% | +0.0264% | 1h | $269K | $1.8M | 50x | as long as short |
| SunX WLD-USDT | +0.136% | +0.0100% | 8h | $22K | $1.4M | 50x | as long as short |
| Lighter WLDshort | +0.231% | +0.0096% | 1h | $4.8M | $1.1M | 10x | |
| Injective WLD/USDC PERP | +1.565% | +0.0449% | 1h | $6K | $41K | 5.5x | as long as short |
SoDEX WLD-USD
Lighter WLD
ApeX Omni
Phoenix
Variational Omni
HTX
BloFin
Extended
Bybit
gTrade (Gains Network)
Deribit
Hyperliquid
Backpack
GMX
Polymarket Perps
Pacifica
KuCoin
Bitget
BingX
Phemex
Kraken Futures
Binance
OKX
Gate
MEXC
Aster
Coinbase International
SunX
Injective