Funding you earn now, next payment 05:00 UTC+0.0640%/8h= +70.1% APRnext payment +$0.80 per $10,000 · paid last 24h +0.108%
Price spread now: Lighter against dYdX−0.005%7-day average +0.111% · you buy dearer than you sell
Net, funding: paid 7d − costs−$85as in the Funding arb table
Net, price: spread back to 7d avg − costs−$125as in the Price arb table
costs, in and out, $10k−$1131.131% of the position
Funding, last 7 days+0.283%+$28 on $10k
+Price spread, last 4 days (all we have)+0.150%+$15 · spread now −0.005%, 7d avg +0.111%
=Together, before fees+0.433%+ Points / potential airdropLighter: Season 3 · farm board+$43 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 0.116% cheaper against dYdX than usual: you would sell low and buy high (spread −0.005% now, against its 7-day average of +0.111%). If the spread goes back, that is −$12 on $10k: about 15 hours of funding at the current rate (+$19 a day). At the pace of the last 7 days (+0.283% in total) that is about 2.9 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.283% in total (about 14.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.80 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 | dYdX WLD-USD | 0.4571 | 0 | get 0.0000% / 1h | 56m 59s | $156K | $33K | 10x |
| Short | Lighter WLD | 0.4571 | 0.0640 | get 0.0080% / 1h | 56m 59s | $5.1M | $2.5M | 10x |
dYdX WLD-USD
Lighter WLDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against dYdX. 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
- $134.4
- Price spread: −0.005% → +0.111%
- −$11.62
- Slippage, 4 orders
- −$103.14
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $9.64
- Costs to cover
- 1.131%
- Break-even
- 6.5 days
Slippage from dYdX: live order book, 62 min ago; Lighter: live order book, 6 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 dYdX live order book, 62 min ago | 38.30 bp | 56.9 bp −$57 | 107.5 bp −$1,075 | 172.4 bp −$17.2K | 520.0 bp −$260.0K |
| Sell Lighter live order book, 6 min ago | 3.17 bp | 6.9 bp −$7 | 27.2 bp −$272 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps WLD-USD | −0.0064% | 1h | 0.4564 | −0.149% | $40K | $2.2M | 10x | as long as short |
| Nado WLD-PERP | 0.0000% | 1h | 0.4564 | −0.147% | $242K | $205K | 5x | as long as short |
| dYdX WLD-USDlong | 0.0000% | 1h | 0.4571 | long leg | $156K | $33K | 10x | |
| Kalshi KXWLDPERP | 0.0000% | 8h | 0.4564 | −0.147% | $59K | $4.6M | 1.7x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4564 | −0.147% | $124K | $963K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4567 | −0.088% | $66K | — | 150x | as long as short |
| KuCoin WLDUSDTM | +0.0014% | 8h | 0.4565 | −0.125% | $6.9M | $11.7M | 50x | as long as short |
| Orderly PERP_WLD_USDC | +0.0099% | 8h | 0.4563 | −0.169% | $28K | $885K | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4566 | −0.109% | $211K | $1.1M | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4574 | +0.079% | $49K | $525K | 5x | as long as short |
Polymarket Perps WLD-USD
Nado WLD-PERP
Kalshi KXWLDPERP
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
KuCoin WLDUSDTM
Orderly PERP_WLD_USDC
Aster WLDUSDT
Pacifica WLDShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance WLDUSDT | +0.0100% | 8h | 0.4564 | −0.147% | $86.5M | $329.1M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4565 | −0.125% | $65.0M | $89.6M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4564 | −0.147% | $34.3M | $150.0M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4562 | −0.191% | $7.2M | $36.0M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4565 | −0.125% | $43.3M | $54.1M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4564 | −0.147% | $30.2M | $30.2M | 75x | as long as short |
| BingX WLD-USDT | +0.0100% | 8h | 0.4563 | −0.169% | — | $67.5M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4565 | −0.134% | $136K | $299K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4567 | −0.088% | $2.1M | $1.7M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4571 | +0.008% | $27K | $318K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4569 | −0.028% | $604K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4574 | +0.072% | $43K | $238K | 50x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4572 | +0.028% | $23K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4563 | −0.169% | $206 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4567 | −0.081% | $835K | $1.8M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4568 | −0.060% | $1.8M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4563 | −0.163% | $220K | $981K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4563 | −0.158% | $31K | $600 | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4562 | −0.185% | — | — | 20x | as long as short |
| Injective WLD/USDC PERP | +0.0142% | 1h | 0.4583 | +0.269% | $6K | $185K | 5.5x | as long as short |
| Phoenix WLD | +0.0158% | 1h | 0.4567 | −0.092% | $5K | $51K | 10x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4562 | −0.191% | $4.9M | $829K | 75x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0229% / S −0.1268% | 1h | 0.4566 | −0.103% | $5K | — | 100x | as long as short |
| 01 Exchange WLDUSD | +0.0312% | 1h | 0.4569 | −0.031% | $327 | $80 | 5x | as long as short |
| Hyperliquid WLD | +0.0364% | 1h | 0.4569 | −0.029% | $50.2M | $43.4M | 10x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0520% | 1h | 0.4567 | −0.081% | $882K | $2.8M | 50x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0560% | 1h | 0.4580 | +0.203% | $269K | $1.7M | 50x | as long as short |
| Lighter WLDshort | +0.0640% | 1h | 0.4571 | −0.005% | $5.1M | $2.5M | 10x |
Binance WLDUSDT
Bybit WLDUSDT
OKX WLD-USDT-SWAP
Gate WLD_USDT
MEXC WLD_USDT
Bitget WLDUSDT
BingX WLD-USDT
Backpack WLD_USDC_PERP
Variational Omni WLD
edgeX WLDUSDC
GRVT WLD_USDT_Perp
ApeX Omni WLDUSDT
SunX WLD-USDT
SoDEX WLD-USD
HTX WLD-USDT
Phemex WLDUSDT
Extended WLD-USD
Aevo WLD-PERP
Reya WLDRUSDPERP
Injective WLD/USDC PERP
Phoenix WLD
BloFin WLD-USDT
GMX WLD/USD [ETH-USDC]
01 Exchange WLDUSD
Hyperliquid WLD
Kraken Futures PF_WLDUSD
Coinbase International WLD-PERP-INTX