Funding you earn now, next payment 04:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h −0.082%
Price spread now: ApeX Omni against Lighter−0.158%7-day average −0.070% · you buy dearer than you sell
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$490.488% of the position
Funding, last 7 days−0.085%−$8 on $10k
+Price spread, last 4 days (all we have)+0.379%+$38 · spread now −0.158%, 7d avg −0.070%
=Together, before fees+0.295%+ Points / potential airdropLighter: Season 3 · farm board+$29 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: ApeX Omni is 0.087% cheaper against Lighter than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of −0.070%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter WLD | 0.4566 | 0.0096 | pay 0.0012% / 1h | 46m 48s | $4.9M | $2.4M | 10x |
| Short | ApeX Omni WLDUSDT | 0.4559 | 0.0100 | get 0.0013% / 1h | 46m 48s | $43K | $239K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Lighter. 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
- $0.84
- Price spread: −0.158% → −0.070%
- −$8.74
- Slippage, 4 orders
- −$38.78
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$56.68
- Costs to cover
- 0.488%
- Break-even
- 479.4 days
Slippage from Lighter: live order book, 6 min ago; ApeX Omni: live order book, 10 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 Lighter live order book, 6 min ago | 3.93 bp | 4.1 bp −$4 | 31.1 bp −$311 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 10 min ago | 8.72 bp | 19.9 bp −$20 | 124.9 bp −$1,249 | 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 | −0.0107% | 8h | 0.4565 | −0.026% | $62K | $4.6M | 1.7x | as long as short |
| Nado WLD-PERP | −0.0079% | 1h | 0.4565 | −0.021% | $242K | $205K | 5x | as long as short |
| KuCoin WLDUSDTM | −0.0037% | 8h | 0.4560 | −0.136% | $6.9M | $11.6M | 50x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4566 | −0.010% | $156K | $33K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4563 | −0.070% | $115K | $923K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4565 | −0.021% | $66K | — | 150x | as long as short |
| 01 Exchange WLDUSD | +0.0008% | 1h | 0.4572 | +0.136% | $327 | $80 | 5x | as long as short |
| Injective WLD/USDC PERP | +0.0014% | 1h | 0.4558 | −0.180% | $6K | $185K | 5.5x | as long as short |
| Orderly PERP_WLD_USDC | +0.0083% | 8h | 0.4560 | −0.136% | $28K | $888K | 10x | as long as short |
| Lighter WLDlong | +0.0096% | 1h | 0.4566 | long leg | $4.9M | $2.4M | 10x |
Show all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster WLDUSDT | +0.0100% | 8h | 0.4564 | −0.048% | $189K | $1.1M | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4567 | +0.018% | $49K | $528K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4560 | −0.132% | $86.5M | $327.3M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4559 | −0.158% | $65.0M | $88.8M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4561 | −0.114% | $34.2M | $148.6M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4560 | −0.136% | $7.2M | $36.7M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4560 | −0.136% | $44.4M | $53.8M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4560 | −0.136% | $30.1M | $30.1M | 75x | as long as short |
| BingX WLD-USDC | +0.0100% | 8h | 0.4561 | −0.114% | — | $1.3M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4565 | −0.026% | $135K | $299K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4575 | +0.186% | $2.1M | $1.7M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4559 | −0.158% | $27K | $319K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4561 | −0.113% | $600K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDTshort | +0.0100% | 1h | 0.4559 | −0.158% | $43K | $239K | 50x | |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4570 | +0.072% | $41K | $2.1M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4577 | +0.237% | $22K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4561 | −0.114% | $171 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4567 | +0.018% | $836K | $1.9M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4564 | −0.048% | $1.8M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4559 | −0.162% | $220K | $981K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4561 | −0.108% | $31K | $600 | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4565 | −0.021% | — | — | 20x | as long as short |
| Phoenix WLD | +0.0158% | 1h | 0.4563 | −0.064% | $5K | $52K | 10x | as long as short |
| Hyperliquid WLD | +0.0167% | 1h | 0.4570 | +0.088% | $50.1M | $43.2M | 10x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4564 | −0.048% | $4.9M | $845K | 75x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0229% / S −0.1268% | 1h | 0.4566 | −0.012% | $5K | — | 100x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0481% | 1h | 0.4563 | −0.076% | $883K | $2.8M | 50x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0496% | 1h | 0.4571 | +0.105% | $268K | $1.7M | 50x | as long as short |
Lighter WLD
ApeX Omni WLDUSDT
Kalshi KXWLDPERP
KuCoin WLDUSDTM
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
01 Exchange WLDUSD
Injective WLD/USDC PERP
Aster WLDUSDT
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
Polymarket Perps WLD-USD
SunX WLD-USDT
SoDEX WLD-USD
HTX WLD-USDT
Phemex WLDUSDT
Extended WLD-USD
Phoenix WLD
Hyperliquid WLD
BloFin WLD-USDT
GMX WLD/USD [ETH-USDC]
Kraken Futures PF_WLDUSD
Coinbase International WLD-PERP-INTX