Funding you earn now, next payment 01:00 UTC+0.0928%/8h= +101.6% APRnext payment +$1.16 per $10,000 · paid last 24h +0.061%
Price spread now: Lighter against Extended+0.241%7-day average +0.189% · you sell dearer than you buy
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$350.349% of the position
Funding, last 7 days−0.235%−$23 on $10k
+Price spread, last 4 days (all we have)−0.010%−$1 · spread now +0.241%, 7d avg +0.189%
=Together, before fees−0.244%+ Points / potential airdropExtended: Active · Lighter: Season 3 · farm board−$24 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 0.051% dearer against Extended than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.189%. Mind the row above: over the last 7 days funding on this pair cost −0.235%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.235% in total (about -12.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.16 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 | Extended WLD-USD | 0.4750 | 0.0104 | pay 0.0013% / 1h | 13m 17s | $219K | $894K | 10x |
| Short | Lighter WLD | 0.4762 | 0.1032 | get 0.0129% / 1h | 13m 17s | $5.4M | $2.0M | 10x |
Extended WLD-USD
Lighter WLDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Extended. 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
- $194.88
- Price spread: +0.241% → +0.189%
- $5.13
- Slippage, 4 orders
- −$29.95
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $165.06
- Costs to cover
- 0.349%
- Break-even
- 1.1 days
Slippage from Extended: live order book, 60 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 Extended live order book, 60 min ago | 2.18 bp | 4.7 bp −$5 | 11.2 bp −$112 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 5 min ago | 6.31 bp | 8.6 bp −$9 | 43.4 bp −$434 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Phemex WLDUSDT | −0.0188% | 8h | 0.4764 | +0.285% | $1.9M | $3.7M | 50x | as long as short |
| Kalshi KXWLDPERP | −0.0162% | 8h | 0.4763 | +0.264% | $30K | $4.0M | 1.7x | as long as short |
| Nado WLD-PERP | −0.0030% | 1h | 0.4750 | −0.010% | $276K | $178K | 5x | as long as short |
| KuCoin WLDUSDTM | −0.0011% | 8h | 0.4748 | −0.052% | $7.1M | $11.1M | 50x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4750 | −0.019% | $169K | $12K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4754 | +0.074% | $136K | $863K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4755 | +0.096% | $56K | — | 150x | as long as short |
| Injective WLD/USDC PERP | +0.0038% | 1h | 0.4744 | −0.136% | $6K | $185K | 5.5x | as long as short |
| Orderly PERP_WLD_USDC | +0.0049% | 8h | 0.4753 | +0.053% | $29K | $900K | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4753 | +0.051% | $212K | $983K | 50x | as long as short |
Phemex WLDUSDT
Kalshi KXWLDPERP
Nado WLD-PERP
KuCoin WLDUSDTM
dYdX WLD-USD
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
Injective WLD/USDC PERP
Orderly PERP_WLD_USDC
Aster WLDUSDTShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica WLD | +0.0100% | 1h | 0.4752 | +0.039% | $56K | $482K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4756 | +0.125% | $91.0M | $310.2M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4753 | +0.053% | $68.9M | $83.4M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4752 | +0.032% | $36.2M | $150.5M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4754 | +0.074% | $7.6M | $36.4M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4752 | +0.032% | $49.8M | $54.9M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4754 | +0.074% | $31.9M | $27.2M | 75x | as long as short |
| BingX WLD-USDC | +0.0100% | 8h | 0.4756 | +0.116% | — | $1.3M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4762 | +0.241% | $141K | $277K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4758 | +0.154% | $2.1M | $1.7M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4762 | +0.251% | $28K | $318K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4772 | +0.448% | $630K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4768 | +0.369% | $58K | $232K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4754 | +0.072% | $49K | $1.7M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4761 | +0.222% | $24K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4750 | −0.010% | $228 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4767 | +0.348% | $884K | $1.8M | 50x | as long as short |
| Extended WLD-USDlong | +0.0104% | 1h | 0.4750 | long leg | $219K | $894K | 10x | |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4754 | +0.079% | $32K | $600 | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4750 | −0.020% | — | — | 20x | as long as short |
| Phoenix WLD | +0.0157% | 1h | 0.4760 | +0.207% | $5K | $53K | 10x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4768 | +0.369% | $5.0M | $885K | 75x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0240% / S −0.1538% | 1h | 0.4756 | +0.120% | $7K | — | 100x | as long as short |
| 01 Exchange WLDUSD | +0.0248% | 1h | 0.4753 | +0.058% | $340 | $77 | 5x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0317% | 1h | 0.4752 | +0.031% | $941K | $2.7M | 50x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0448% | 1h | 0.4755 | +0.095% | $279K | $1.7M | 50x | as long as short |
| Hyperliquid WLD | +0.0883% | 1h | 0.4760 | +0.201% | $53.4M | $44.0M | 10x | as long as short |
| Lighter WLDshort | +0.1032% | 1h | 0.4762 | +0.241% | $5.4M | $2.0M | 10x |
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
Aevo WLD-PERP
Reya WLDRUSDPERP
Phoenix WLD
BloFin WLD-USDT
GMX WLD/USD [ETH-USDC]
01 Exchange WLDUSD
Kraken Futures PF_WLDUSD
Coinbase International WLD-PERP-INTX
Hyperliquid WLD