Funding you earn now, next payment 22:00 UTC+0.0932%/8h= +102.1% APRpaid last 24h +0.028%
Price spread now: Lighter against Bitget+0.232%7-day average +0.134% · 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−$45as in the Price arb table
costs, in and out, $10k−$540.544% of the position
Funding, last 7 days+0.065%+$6 on $10k
+Price spread, last 7 days−0.063%−$6 · spread now +0.232%, 7d avg +0.134%
=Together, before fees+0.002%+ Points / potential airdropLighter: Season 3 · farm board$0 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$28 a day on $10k at the current rate, and Lighter is 0.098% dearer against Bitget than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.134%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.065% in total (about 3.4% 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 | Bitget WLDUSDT | 0.4527 | 0.0100 | pay 0.0100% / 8h | 2h 39m | $30.0M | $25.2M | 75x |
| Short | Lighter WLD | 0.4537 | 0.1032 | get 0.0129% / 1h | 39m 14s | $5.1M | $2.0M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Bitget. 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
- $195.72
- Price spread: +0.232% → +0.134%
- $9.82
- Slippage, 4 orders
- −$42.43
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $151.11
- Costs to cover
- 0.544%
- Break-even
- 1.6 days
Slippage from Bitget: live order book, 5 min ago; Lighter: live order book, 4 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 Bitget live order book, 5 min ago | 1.10 bp | 10.3 bp −$10 | 21.3 bp −$213 | 77.4 bp −$7,736 | doesn't fit |
| Sell Lighter live order book, 4 min ago | 3.52 bp | 9.4 bp −$9 | 33.4 bp −$334 | 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 | −0.0587% | 8h | 0.4534 | +0.155% | $44K | $3.8M | 1.7x | as long as short |
| Deribit WLD_USDC-PERPETUAL | −0.0191% | 1h | 0.4534 | +0.155% | $162K | $856K | 25x | as long as short |
| Variational Omni WLD | −0.0037% | 8h | 0.4543 | +0.343% | $2.1M | $1.6M | — | as long as short |
| Orderly PERP_WLD_USDC | −0.0027% | 8h | 0.4537 | +0.221% | $28K | $918K | 10x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4548 | +0.458% | $155K | $6K | 10x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4540 | +0.287% | $56K | — | 150x | as long as short |
| KuCoin WLDUSDTM | +0.0012% | 8h | 0.4540 | +0.287% | $7.1M | $10.7M | 50x | as long as short |
| Phoenix WLD | +0.0052% | 1h | 0.4543 | +0.356% | $5K | $52K | 10x | as long as short |
| Nado WLD-PERP | +0.0057% | 1h | 0.4539 | +0.276% | $271K | $168K | 5x | as long as short |
| OKX WLD-USDT-SWAP | +0.0058% | 8h | 0.4535 | +0.177% | $34.1M | $137.2M | 50x | as long as short |
Show all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit WLDUSDT | +0.0094% | 8h | 0.4533 | +0.133% | $65.3M | $79.9M | 50x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4546 | +0.422% | $208K | $976K | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4548 | +0.472% | $50K | $482K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4528 | +0.032% | $85.7M | $291.5M | 75x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4542 | +0.331% | $7.4M | $34.3M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4543 | +0.353% | $52.7M | $47.0M | 300x | as long as short |
| Bitget WLDUSDTlong | +0.0100% | 8h | 0.4527 | long leg | $30.0M | $25.2M | 75x | |
| BingX WLD-USDC | +0.0100% | 8h | 0.4542 | +0.331% | — | $1.3M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4556 | +0.649% | $128K | $278K | 10x | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4541 | +0.310% | $27K | $314K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4543 | +0.355% | $613K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4542 | +0.331% | $55K | $226K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4542 | +0.331% | $54K | $1.7M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4532 | +0.110% | $23K | $1.5M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4524 | −0.066% | $195 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4526 | −0.022% | $854K | $1.8M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4529 | +0.044% | $1.8M | $3.8M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4526 | −0.023% | $132K | $745K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4537 | +0.217% | $31K | $5K | 3x | as long as short |
| Hyperliquid WLD | +0.0126% | 1h | 0.4546 | +0.420% | $47.1M | $40.6M | 10x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4542 | +0.338% | — | — | 20x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0217% / S −0.0307% | 1h | 0.4543 | +0.361% | $12K | — | 100x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4531 | +0.088% | $4.9M | $797K | 75x | as long as short |
| Injective WLD/USDC PERP | +0.0374% | 1h | 0.4622 | +2.099% | $6K | $139K | 5.5x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0400% | 1h | 0.4538 | +0.243% | $283K | $1.6M | 50x | as long as short |
| 01 Exchange WLDUSD | +0.0504% | 1h | 0.4546 | +0.409% | $325 | $77 | 5x | as long as short |
| Lighter WLDshort | +0.1032% | 1h | 0.4537 | +0.232% | $5.1M | $2.0M | 10x | |
| Kraken Futures PF_WLDUSD | +0.1102% | 1h | 0.4526 | −0.021% | $920K | $2.6M | 50x | as long as short |
Bitget WLDUSDT
Lighter WLD
Kalshi KXWLDPERP
Deribit WLD_USDC-PERPETUAL
Variational Omni WLD
gTrade (Gains Network) WLD/USD
KuCoin WLDUSDTM
Phoenix WLD
OKX WLD-USDT-SWAP
Bybit WLDUSDT
Aster WLDUSDT
Pacifica WLD
Binance WLDUSDT
Gate WLD_USDT
MEXC WLD_USDT
BingX WLD-USDC
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
Hyperliquid WLD
GMX WLD/USD [ETH-USDC]
BloFin WLD-USDT
Injective WLD/USDC PERP
Coinbase International WLD-PERP-INTX
01 Exchange WLDUSD
Kraken Futures PF_WLDUSD