Funding you earn now, next payment 05:00 UTC+0.0586%/8h= +64.2% APRnext payment +$0.73 per $10,000 · paid last 24h +0.055%
Price spread now: Lighter against Injective−0.401%7-day average −0.074% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.150%+$15 on $10k
+Price spread, last 4 days (all we have)+0.277%+$28 · spread now −0.401%, 7d avg −0.074%
=Together, before fees+0.427%+ Points / potential airdropLighter: Season 3 · farm board+$43 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 0.327% cheaper against Injective than usual: you would sell low and buy high (spread −0.401% now, against its 7-day average of −0.074%). If the spread goes back, that is −$33 on $10k: about 45 hours of funding at the current rate (+$18 a day). At the pace of the last 7 days (+0.150% in total) that is about 15 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.150% in total (about 7.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.73 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 | Injective WLD/USDC PERP | 0.4538 | 0.0142 | pay 0.0018% / 1h | 10m 47s | $6K | $185K | 5.5x |
| Short | Lighter WLD | 0.4520 | 0.0728 | get 0.0091% / 1h | 10m 47s | $4.9M | $2.9M | 10x |
Injective WLD/USDC PERP
Lighter WLDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Injective. 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
- $123.08
- Price spread: −0.401% → −0.074%
- −$32.66
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $90.41
- Costs to cover
- 0.000%
- Break-even
- 1.9 days
Slippage unknown: Injective: live order book, 8 min ago; Lighter: live order book, 7 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 Injective live order book, 8 min ago | 71.00 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 7 min ago | 4.17 bp | 7.3 bp −$7 | 42.5 bp −$425 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Nado WLD-PERP | −0.0028% | 1h | 0.4520 | −0.397% | $240K | $205K | 5x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4523 | −0.326% | $154K | $33K | 10x | as long as short |
| Kalshi KXWLDPERP | 0.0000% | 8h | 0.4521 | −0.375% | $65K | $4.7M | 1.7x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4520 | −0.397% | $119K | $988K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4520 | −0.404% | $65K | — | 150x | as long as short |
| KuCoin WLDUSDTM | +0.0032% | 8h | 0.4515 | −0.507% | $6.8M | $11.8M | 50x | as long as short |
| Orderly PERP_WLD_USDC | +0.0099% | 8h | 0.4519 | −0.419% | $28K | $868K | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4521 | −0.383% | $211K | $1.1M | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4524 | −0.309% | $50K | $526K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4518 | −0.441% | $86.1M | $332.1M | 75x | as long as short |
Nado WLD-PERP
dYdX WLD-USD
Kalshi KXWLDPERP
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
KuCoin WLDUSDTM
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit WLDUSDT | +0.0100% | 8h | 0.4517 | −0.463% | $64.2M | $90.2M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4518 | −0.441% | $34.1M | $151.0M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4516 | −0.485% | $7.2M | $36.7M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4517 | −0.463% | $40.1M | $55.4M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4515 | −0.507% | $29.8M | $30.2M | 75x | as long as short |
| BingX WLD-USDC | +0.0100% | 8h | 0.4518 | −0.441% | — | $1.3M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4518 | −0.441% | $134K | $304K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4516 | −0.492% | $2.1M | $1.7M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4527 | −0.241% | $27K | $318K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4527 | −0.242% | $600K | $2.0M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4529 | −0.198% | $48K | $240K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4518 | −0.441% | $50K | $2.2M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4528 | −0.220% | $23K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4519 | −0.419% | $210 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4512 | −0.573% | $825K | $1.8M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4519 | −0.419% | $1.8M | $3.6M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4516 | −0.491% | $214K | $984K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4520 | −0.388% | $31K | $600 | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4518 | −0.446% | — | — | 20x | as long as short |
| Injective WLD/USDC PERPlong | +0.0142% | 1h | 0.4538 | long leg | $6K | $185K | 5.5x | |
| Phoenix WLD | +0.0157% | 1h | 0.4532 | −0.123% | $5K | $52K | 10x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4518 | −0.441% | $4.8M | $877K | 75x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0229% / S −0.1268% | 1h | 0.4520 | −0.403% | $5K | — | 100x | as long as short |
| 01 Exchange WLDUSD | +0.0264% | 1h | 0.4521 | −0.370% | $323 | $55 | 5x | as long as short |
| Hyperliquid WLD | +0.0319% | 1h | 0.4522 | −0.344% | $49.3M | $43.7M | 10x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0526% | 1h | 0.4517 | −0.456% | $867K | $2.9M | 50x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0560% | 1h | 0.4523 | −0.331% | $263K | $1.6M | 50x | as long as short |
| Lighter WLDshort | +0.0728% | 1h | 0.4520 | −0.401% | $4.9M | $2.9M | 10x |
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
Phemex WLDUSDT
Extended WLD-USD
Aevo WLD-PERP
Reya WLDRUSDPERP
Phoenix WLD
BloFin WLD-USDT
GMX WLD/USD [ETH-USDC]
01 Exchange WLDUSD
Hyperliquid WLD
Kraken Futures PF_WLDUSD
Coinbase International WLD-PERP-INTX