Funding you earn now, next payment 22:00 UTC+0.0988%/8h= +108.2% APRpaid last 24h +0.027%
Price spread now: Lighter against BingX+0.549%7-day average +0.112% · you sell dearer than you buy
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs−$8as in the Price arb table
costs, in and out, $10k−$510.514% of the position
Funding, last 7 days+0.037%+$4 on $10k
+Price spread, last 7 days−0.378%−$38 · spread now +0.549%, 7d avg +0.112%
=Together, before fees−0.341%+ Points / potential airdropLighter: Season 3 · farm board−$34 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$30 a day on $10k at the current rate, and Lighter is 0.437% dearer against BingX than usual: you sell high and buy low: +$44 more if the spread goes back to its 7-day average of +0.112%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.037% in total (about 1.9% 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 | BingX WLD-USDC | 0.4538 | 0.0100 | pay 0.0100% / 8h | 2h 45m | — | $1.3M | — |
| Short | Lighter WLD | 0.4563 | 0.1088 | get 0.0136% / 1h | 45m 16s | $5.1M | $2.0M | 10x |
BingX WLD-USDC
Lighter WLDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against BingX. 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
- $207.48
- Price spread: +0.549% → +0.112%
- $43.69
- Slippage, 4 orders
- −$41.42
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $199.75
- Costs to cover
- 0.514%
- Break-even
- 0.3 days
Slippage from BingX: live order book, 1 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 BingX live order book, 1 min ago | 2.20 bp | 14.2 bp −$14 | 42.6 bp −$426 | 493.9 bp −$49.4K | 805.1 bp −$402.5K |
| Sell Lighter live order book, 3 min ago | 4.04 bp | 11.3 bp −$11 | 33.6 bp −$336 | 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 | −0.0528% | 8h | 0.4557 | +0.419% | $31K | $3.8M | 1.7x | as long as short |
| Variational Omni WLD | −0.0042% | 8h | 0.4558 | +0.430% | $2.1M | $1.6M | — | as long as short |
| Orderly PERP_WLD_USDC | −0.0028% | 8h | 0.4540 | +0.044% | $28K | $918K | 10x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4553 | +0.332% | $155K | $6K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4542 | +0.088% | $153K | $790K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4541 | +0.058% | $56K | — | 150x | as long as short |
| KuCoin WLDUSDTM | +0.0017% | 8h | 0.4536 | −0.044% | $7.0M | $10.7M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0048% | 8h | 0.4539 | +0.022% | $34.3M | $137.0M | 50x | as long as short |
| Phoenix WLD | +0.0052% | 1h | 0.4561 | +0.511% | $5K | $52K | 10x | as long as short |
| Nado WLD-PERP | +0.0060% | 1h | 0.4545 | +0.143% | $271K | $168K | 5x | as long as short |
Kalshi KXWLDPERP
Variational Omni WLD
Orderly PERP_WLD_USDC
dYdX WLD-USD
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
KuCoin WLDUSDTM
OKX WLD-USDT-SWAP
Phoenix WLD
Nado WLD-PERPShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit WLDUSDT | +0.0083% | 8h | 0.4540 | +0.044% | $66.1M | $79.2M | 50x | as long as short |
| MEXC WLD_USDT | +0.0097% | 8h | 0.4538 | 0.000% | $52.6M | $46.7M | 300x | as long as short |
| Binance WLDUSDT | +0.0099% | 8h | 0.4540 | +0.044% | $85.9M | $290.5M | 75x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4551 | +0.287% | $208K | $975K | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4553 | +0.327% | $53K | $473K | 5x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4537 | −0.022% | $7.4M | $34.2M | 75x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4538 | 0.000% | $30.1M | $25.1M | 75x | as long as short |
| BingX WLD-USDClong | +0.0100% | 8h | 0.4538 | long leg | — | $1.3M | — | |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4559 | +0.454% | $128K | $278K | 10x | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4561 | +0.516% | $27K | $316K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4563 | +0.553% | $618K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4560 | +0.485% | $55K | $226K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4544 | +0.126% | $54K | $1.7M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4545 | +0.154% | $22K | $1.5M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4540 | +0.044% | $197 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4558 | +0.441% | $858K | $1.7M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4558 | +0.441% | $1.9M | $3.8M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4539 | +0.013% | $133K | $745K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4542 | +0.088% | $31K | $5K | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4537 | −0.014% | — | — | 20x | as long as short |
| Hyperliquid WLD | +0.0190% | 1h | 0.4548 | +0.223% | $47.2M | $40.5M | 10x | as long as short |
| BloFin WLD-USDT | +0.0215% | 8h | 0.4558 | +0.441% | $5.0M | $834K | 75x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0217% / S −0.0307% | 1h | 0.4539 | +0.024% | $12K | — | 100x | as long as short |
| Injective WLD/USDC PERP | +0.0374% | 1h | 0.4622 | +1.851% | $6K | $139K | 5.5x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0400% | 1h | 0.4544 | +0.132% | $279K | $1.6M | 50x | as long as short |
| 01 Exchange WLDUSD | +0.0600% | 1h | 0.4551 | +0.280% | $326 | $77 | 5x | as long as short |
| Lighter WLDshort | +0.1088% | 1h | 0.4563 | +0.549% | $5.1M | $2.0M | 10x | |
| Kraken Futures PF_WLDUSD | +0.1098% | 1h | 0.4544 | +0.124% | $921K | $2.6M | 50x | as long as short |
Bybit WLDUSDT
MEXC WLD_USDT
Binance WLDUSDT
Aster WLDUSDT
Pacifica WLD
Gate WLD_USDT
Bitget WLDUSDT
Backpack WLD_USDC_PERP
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
Aevo WLD-PERP
Reya WLDRUSDPERP
Hyperliquid WLD
BloFin WLD-USDT
GMX WLD/USD [ETH-USDC]
Injective WLD/USDC PERP
Coinbase International WLD-PERP-INTX
01 Exchange WLDUSD
Kraken Futures PF_WLDUSD