Funding you earn now, next payment 01:00 UTC+0.0836%/8h= +91.5% APRpaid last 24h +0.068%
Price spread now: Lighter against Aster+0.236%7-day average +0.114% · you sell dearer than you buy
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$390.392% of the position
Funding, last 7 days+0.125%+$13 on $10k
+Price spread, last 7 days−0.120%−$12 · spread now +0.236%, 7d avg +0.114%
=Together, before fees+0.006%+ Points / potential airdropAster: Stage 5 · Lighter: Season 3 · farm board+$1 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$25 a day on $10k at the current rate, and Lighter is 0.122% dearer against Aster than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.114%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.125% in total (about 6.5% 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster WLDUSDT | 0.4611 | 0.0100 | pay 0.0100% / 8h | 7h 42m | $192K | $984K | 50x |
| Short | Lighter WLD | 0.4622 | 0.0936 | get 0.0117% / 1h | 42m 38s | $5.2M | $2.0M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Aster. 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
- $175.56
- Price spread: +0.236% → +0.114%
- $12.16
- Slippage, 4 orders
- −$31.23
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $148.5
- Costs to cover
- 0.392%
- Break-even
- 1.1 days
Slippage from Aster: live order book, 10 min ago; Lighter: live order book, 5 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 Aster live order book, 10 min ago | 2.18 bp | 13.8 bp −$14 | 28.0 bp −$280 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 5 min ago | 1.96 bp | 9.9 bp −$10 | 45.7 bp −$457 | doesn't fit | doesn't fit |
WLD on 38 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 | |
|---|---|---|---|---|---|---|---|---|
| Kalshi KXWLDPERP | −0.0193% | 8h | 0.4610 | −0.027% | $64K | $3.9M | 1.7x | as long as short |
| Nado WLD-PERP | −0.0029% | 1h | 0.4612 | +0.017% | $278K | $169K | 5x | as long as short |
| KuCoin WLDUSDTM | −0.0010% | 8h | 0.4606 | −0.113% | $7.0M | $11.1M | 50x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4616 | +0.099% | $165K | $13K | 10x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4614 | +0.063% | $57K | — | 150x | as long as short |
| Injective WLD/USDC PERP | +0.0038% | 1h | 0.4597 | −0.309% | $6K | $185K | 5.5x | as long as short |
| Orderly PERP_WLD_USDC | +0.0041% | 8h | 0.4616 | +0.103% | $28K | $903K | 10x | as long as short |
| Aster WLDUSDTlong | +0.0100% | 8h | 0.4611 | long leg | $192K | $984K | 50x | |
| Pacifica WLD | +0.0100% | 1h | 0.4614 | +0.060% | $54K | $483K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4615 | +0.074% | $87.1M | $303.9M | 75x | as long as short |
Show all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit WLDUSDT | +0.0100% | 8h | 0.4614 | +0.060% | $66.2M | $82.6M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4612 | +0.017% | $34.5M | $144.2M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4612 | +0.017% | $7.5M | $35.2M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4614 | +0.060% | $47.0M | $53.3M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4615 | +0.082% | $30.6M | $26.1M | 75x | as long as short |
| BingX WLD-USDC | +0.0100% | 8h | 0.4612 | +0.017% | — | $1.3M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4614 | +0.051% | $137K | $280K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4584 | −0.595% | $2.0M | $1.7M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4585 | −0.578% | $27K | $318K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4601 | −0.232% | $608K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4590 | −0.460% | $54K | $229K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4611 | −0.005% | $49K | $1.6M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4619 | +0.168% | $23K | $1.5M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4615 | +0.082% | $215 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4612 | +0.017% | $858K | $1.8M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4610 | −0.027% | $1.8M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4612 | +0.012% | $232K | $847K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4617 | +0.128% | $31K | $600 | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4609 | −0.053% | — | — | 20x | as long as short |
| Phoenix WLD | +0.0157% | 1h | 0.4595 | −0.363% | $5K | $53K | 10x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4609 | −0.048% | $4.9M | $828K | 75x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0229% / S −0.1268% | 1h | 0.4614 | +0.067% | $5K | — | 100x | as long as short |
| 01 Exchange WLDUSD | +0.0248% | 1h | 0.4619 | +0.160% | $330 | $77 | 5x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0327% | 1h | 0.4613 | +0.047% | $909K | $2.7M | 50x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0448% | 1h | 0.4616 | +0.103% | $274K | $1.7M | 50x | as long as short |
| Deribit WLD_USDC-PERPETUAL | +0.0616% | 1h | 0.4621 | +0.212% | $124K | $861K | 25x | as long as short |
| Hyperliquid WLD | +0.0723% | 1h | 0.4617 | +0.136% | $51.4M | $43.5M | 10x | as long as short |
| Lighter WLDshort | +0.0936% | 1h | 0.4622 | +0.236% | $5.2M | $2.0M | 10x |
Aster WLDUSDT
Lighter WLD
Kalshi KXWLDPERP
KuCoin WLDUSDTM
gTrade (Gains Network) WLD/USD
Injective WLD/USDC PERP
Pacifica WLD
Binance WLDUSDT
Bybit WLDUSDT
OKX WLD-USDT-SWAP
Gate WLD_USDT
MEXC WLD_USDT
Bitget WLDUSDT
BingX WLD-USDC
Backpack WLD_USDC_PERP
Variational Omni WLD
edgeX WLDUSDC
GRVT WLD_USDT_Perp
ApeX Omni WLDUSDT
Polymarket Perps WLD-USD
SunX WLD-USDT
SoDEX WLD-USD
HTX WLD-USDT
Phemex WLDUSDT
Extended WLD-USD
Phoenix WLD
BloFin WLD-USDT
GMX WLD/USD [ETH-USDC]
01 Exchange WLDUSD
Kraken Futures PF_WLDUSD
Coinbase International WLD-PERP-INTX
Deribit WLD_USDC-PERPETUAL
Hyperliquid WLD