Funding you earn now, next payment 02:00 UTC+0.0791%/8h= +86.6% APRnext payment +$0.99 per $10,000 · paid last 24h +0.072%
Price spread now: Lighter against ApeX Omni+0.820%48s7-day average +0.071% · you sell dearer than you buy
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$540.543% of the position
Funding, last 7 days+0.075%+$7 on $10k
+Price spread, last 4 days (all we have)−1.825%−$182 · spread now +0.820%, 7d avg +0.071%
=Together, before fees−1.750%+ Points / potential airdropLighter: Season 3 · farm board−$175 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$24 a day on $10k at the current rate, and Lighter is 0.749% dearer against ApeX Omni than usual: you sell high and buy low: +$75 more if the spread goes back to its 7-day average of +0.071%. The two prices were read 48 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 0.075% in total (about 3.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.99 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni WLDUSDT | 0.4659 | 0.0057 | pay 0.0007% / 1h | 24m 28s | $51K | $237K | 50x |
| Short | Lighter WLD | 0.4697 | 0.0848 | get 0.0106% / 1h | 24m 28s | $5.3M | $2.1M | 10x |
ApeX Omni WLDUSDT
Lighter WLDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against ApeX Omni. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $166.02
- Price spread: +0.820% → +0.071%
- $74.85
- Slippage, 4 orders
- −$44.25
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $186.62
- Costs to cover
- 0.543%
- Break-even
- from the start
Slippage from ApeX Omni: live order book, 42 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy ApeX Omni live order book, 42 min ago | 5.31 bp | 13.3 bp −$13 | 83.0 bp −$830 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 3 min ago | 6.36 bp | 8.6 bp −$9 | 39.4 bp −$394 | doesn't fit | doesn't fit |
WLD on 37 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective WLD/USDC PERP | −0.0235% | 1h | 0.4615 | −0.944% | $6K | $185K | 5.5x | as long as short |
| Kalshi KXWLDPERP | −0.0151% | 8h | 0.4699 | +0.859% | $44K | $4.4M | 1.7x | as long as short |
| KuCoin WLDUSDTM | −0.0049% | 8h | 0.4682 | +0.494% | $7.1M | $11.5M | 50x | as long as short |
| Nado WLD-PERP | −0.0004% | 1h | 0.4682 | +0.483% | $272K | $189K | 5x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4687 | +0.602% | $167K | $26K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4695 | +0.773% | $130K | $895K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4683 | +0.511% | $56K | — | 150x | as long as short |
| Gate WLD_USDT | +0.0025% | 8h | 0.4681 | +0.472% | $7.3M | $37.7M | 75x | as long as short |
| ApeX Omni WLDUSDTlong | +0.0057% | 1h | 0.4659 | long leg | $51K | $237K | 50x | |
| Orderly PERP_WLD_USDC | +0.0058% | 8h | 0.4681 | +0.472% | $28K | $897K | 10x | as long as short |
Injective WLD/USDC PERP
Kalshi KXWLDPERP
KuCoin WLDUSDTM
Nado WLD-PERP
dYdX WLD-USD
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
Gate WLD_USDT
Orderly PERP_WLD_USDCShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix WLD | +0.0068% | 1h | 0.4715 | +1.193% | $5K | $54K | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4689 | +0.640% | $180K | $1.0M | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4688 | +0.619% | $56K | $506K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4683 | +0.517% | $88.9M | $324.6M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4681 | +0.472% | $67.3M | $87.3M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4680 | +0.451% | $35.3M | $152.9M | 50x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4683 | +0.515% | $46.4M | $55.8M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4678 | +0.408% | $31.1M | $29.2M | 75x | as long as short |
| BingX WLD-USDT | +0.0100% | 8h | 0.4684 | +0.537% | — | $67.7M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4685 | +0.567% | $138K | $292K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4705 | +0.981% | $2.1M | $1.7M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4708 | +1.041% | $28K | $316K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4709 | +1.073% | $625K | $1.9M | 10x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4686 | +0.573% | $56K | $2.1M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4699 | +0.859% | $23K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4692 | +0.708% | $224 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4692 | +0.708% | $888K | $1.8M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4691 | +0.687% | $1.9M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4683 | +0.510% | $216K | $886K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4682 | +0.483% | $32K | $600 | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4683 | +0.520% | — | — | 20x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0230% / S −0.1268% | 1h | 0.4681 | +0.481% | $5K | — | 100x | as long as short |
| 01 Exchange WLDUSD | +0.0264% | 1h | 0.4688 | +0.625% | $335 | $77 | 5x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0456% | 1h | 0.4716 | +1.223% | $282K | $1.8M | 50x | as long as short |
| Hyperliquid WLD | +0.0572% | 1h | 0.4690 | +0.665% | $52.2M | $44.1M | 10x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0637% | 1h | 0.4695 | +0.777% | $917K | $2.9M | 50x | as long as short |
| Lighter WLDshort | +0.0848% | 1h | 0.4697 | +0.820% | $5.3M | $2.1M | 10x |
Phoenix WLD
Aster WLDUSDT
Pacifica WLD
Binance WLDUSDT
Bybit WLDUSDT
OKX WLD-USDT-SWAP
MEXC WLD_USDT
Bitget WLDUSDT
BingX WLD-USDT
Backpack WLD_USDC_PERP
Variational Omni WLD
edgeX WLDUSDC
GRVT WLD_USDT_Perp
Polymarket Perps WLD-USD
SunX WLD-USDT
SoDEX WLD-USD
HTX WLD-USDT
Phemex WLDUSDT
Extended WLD-USD
Aevo WLD-PERP
Reya WLDRUSDPERP
GMX WLD/USD [ETH-USDC]
01 Exchange WLDUSD
Coinbase International WLD-PERP-INTX
Hyperliquid WLD
Kraken Futures PF_WLDUSD