Funding you earn now, next payment 09:00 UTC+0.0093%/8h= +10.2% APRnext payment +$0.12 per $10,000 · paid last 24h +0.055%
Price spread now: Lighter against GMX+0.256%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Lighter is 0.256% dearer against GMX than usual: you sell high and buy low: +$26 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX WLD/USD [ETH-USDC] | 0.4520 | L +0.0219% / S −0.0967% | pay 0.0027% / 1h | 58m 32s | $4K | — | 100x |
| Short | Lighter WLD | 0.4532 | 0.0312 | get 0.0039% / 1h | 58m 32s | $4.9M | $2.9M | 10x |
GMX WLD/USD [ETH-USDC]
Lighter WLDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against GMX. 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
- $19.53
- Price spread: +0.256% → 0.000%
- $25.62
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $33.15
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: GMX: no order-book sample; Lighter: live order book, 4 min ago. Net counts fees only.
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 GMX no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 4 min ago | 2.10 bp | 2.8 bp −$3 | 23.2 bp −$232 | doesn't fit | doesn't fit |
GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit WLDUSDT | −0.0097% | 8h | 0.4522 | +0.039% | $64.0M | $89.4M | 50x | as long as short |
| Nado WLD-PERP | −0.0050% | 1h | 0.4526 | +0.128% | $235K | $175K | 5x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4527 | +0.157% | $154K | $32K | 10x | as long as short |
| Kalshi KXWLDPERP | 0.0000% | 8h | 0.4519 | −0.027% | $46K | $4.6M | 1.7x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4522 | +0.039% | $119K | $1.0M | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4520 | −0.004% | $65K | — | 150x | as long as short |
| Orderly PERP_WLD_USDC | +0.0099% | 8h | 0.4521 | +0.017% | $27K | $637K | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4527 | +0.159% | $228K | $1.0M | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4528 | +0.178% | $54K | $543K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4526 | +0.139% | $86.8M | $333.3M | 75x | as long as short |
Bybit WLDUSDT
Nado WLD-PERP
dYdX WLD-USD
Kalshi KXWLDPERP
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
Orderly PERP_WLD_USDC
Aster WLDUSDT
Pacifica WLD
Binance WLDUSDTShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4523 | +0.062% | $34.3M | $150.3M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4526 | +0.128% | $7.1M | $34.4M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4527 | +0.150% | $42.2M | $55.4M | 300x | as long as short |
| KuCoin WLDUSDTM | +0.0100% | 8h | 0.4526 | +0.128% | $6.7M | $11.6M | 50x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4526 | +0.128% | $29.9M | $31.0M | 75x | as long as short |
| BingX WLD-USDT | +0.0100% | 8h | 0.4525 | +0.106% | — | $20.1M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4524 | +0.092% | $132K | $298K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4521 | +0.015% | $2.1M | $1.5M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4513 | −0.157% | $27K | $321K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4525 | +0.108% | $599K | $2.1M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4515 | −0.115% | $48K | $238K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4518 | −0.038% | $49K | $2.7M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4526 | +0.128% | $23K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4522 | +0.039% | $220 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4519 | −0.027% | $827K | $1.5M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4523 | +0.062% | $1.7M | $3.6M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4524 | +0.080% | $208K | $878K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4524 | +0.077% | $31K | $500 | 3x | as long as short |
| Injective WLD/USDC PERP | +0.0109% | 1h | 0.4508 | −0.270% | $6K | $185K | 5.5x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4520 | +0.004% | — | — | 20x | as long as short |
| Phoenix WLD | +0.0177% | 1h | 0.4522 | +0.033% | $4K | $42K | 10x | as long as short |
| GMX WLD/USD [ETH-USDC]long | L +0.0219% / S −0.0967% | 1h | 0.4520 | long leg | $4K | — | 100x | |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4524 | +0.084% | $4.4M | $898K | 75x | as long as short |
| 01 Exchange WLDUSD | +0.0240% | 1h | 0.4529 | +0.203% | $324 | $55 | 5x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0303% | 1h | 0.4524 | +0.078% | $870K | $2.8M | 50x | as long as short |
| Lighter WLDshort | +0.0312% | 1h | 0.4532 | +0.256% | $4.9M | $2.9M | 10x | |
| Coinbase International WLD-PERP-INTX | +0.0440% | 1h | 0.4524 | +0.084% | $269K | $1.6M | 50x | as long as short |
| Hyperliquid WLD | +0.0474% | 1h | 0.4533 | +0.287% | $50.4M | $43.0M | 10x | as long as short |
OKX WLD-USDT-SWAP
Gate WLD_USDT
MEXC WLD_USDT
KuCoin WLDUSDTM
Bitget WLDUSDT
BingX WLD-USDT
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
Aevo WLD-PERP
Injective WLD/USDC PERP
Reya WLDRUSDPERP
Phoenix WLD
BloFin WLD-USDT
01 Exchange WLDUSD
Kraken Futures PF_WLDUSD
Coinbase International WLD-PERP-INTX
Hyperliquid WLD