Funding you earn now, next payment 22:00 UTC−0.0420%/8h= −46.0% APRpaid last 24h −0.022%
Price spread now: Aster against Lighter−0.207%7-day average −0.115% · you buy dearer than you sell
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$540.538% of the position
Funding, last 7 days−0.079%−$8 on $10k
+Price spread, last 7 days+0.015%+$1 · spread now −0.207%, 7d avg −0.115%
=Together, before fees−0.064%+ Points / potential airdropLighter: Season 3 · Aster: Stage 5 · farm board−$6 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and Aster is 0.093% cheaper against Lighter than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.115%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.079% in total (about -4.1% a year). A funding rate is set anew for every payment. 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 | Lighter WLD | 0.4640 | 0.0520 | pay 0.0065% / 1h | 56m 58s | $5.1M | $1.9M | 10x |
| Short | Aster WLDUSDT | 0.4630 | 0.0100 | get 0.0100% / 8h | 2h 56m | $212K | $984K | 50x |
Lighter WLD
Aster WLDUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster 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
- −$88.2
- Price spread: −0.207% → −0.115%
- −$9.27
- Slippage, 4 orders
- −$45.79
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$151.26
- Costs to cover
- 0.538%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 6 min ago; Aster: live order book, 31 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 | 5.36 bp | 5.8 bp −$6 | 31.5 bp −$315 | doesn't fit | doesn't fit |
| Sell Aster live order book, 31 min ago | 3.28 bp | 21.3 bp −$21 | 42.8 bp −$428 | 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 | −0.0297% | 8h | 0.4628 | −0.261% | $31K | $3.7M | 1.7x | as long as short |
| Phoenix WLD | −0.0091% | 1h | 0.4637 | −0.058% | $2K | $52K | 10x | as long as short |
| Variational Omni WLD | −0.0081% | 8h | 0.4652 | +0.247% | $2.1M | $1.7M | — | as long as short |
| Orderly PERP_WLD_USDC | −0.0029% | 8h | 0.4629 | −0.239% | $28K | $922K | 10x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4630 | −0.218% | $158K | $6K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4630 | −0.218% | $156K | $784K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4631 | −0.205% | $58K | — | 150x | as long as short |
| KuCoin WLDUSDTM | +0.0014% | 8h | 0.4626 | −0.304% | $7.0M | $10.7M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0030% | 8h | 0.4630 | −0.218% | $35.0M | $139.0M | 50x | as long as short |
| Bybit WLDUSDT | +0.0049% | 8h | 0.4631 | −0.196% | $68.2M | $78.7M | 50x | as long as short |
Kalshi KXWLDPERP
Phoenix WLD
Variational Omni WLD
Orderly PERP_WLD_USDC
dYdX WLD-USD
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
KuCoin WLDUSDTM
OKX WLD-USDT-SWAP
Bybit WLDUSDTShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC WLD_USDT | +0.0084% | 8h | 0.4631 | −0.196% | $54.9M | $46.0M | 300x | as long as short |
| Binance WLDUSDT | +0.0084% | 8h | 0.4629 | −0.232% | $88.6M | $290.0M | 75x | as long as short |
| Nado WLD-PERP | +0.0100% | 1h | 0.4628 | −0.261% | $358K | $130K | 5x | as long as short |
| Aster WLDUSDTshort | +0.0100% | 8h | 0.4630 | −0.207% | $212K | $984K | 50x | |
| Pacifica WLD | +0.0100% | 1h | 0.4627 | −0.282% | $56K | $475K | 5x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4627 | −0.282% | $7.6M | $33.8M | 75x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4629 | −0.239% | $30.5M | $25.0M | 75x | as long as short |
| BingX WLD-USDC | +0.0100% | 8h | 0.4629 | −0.239% | — | $1.3M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4630 | −0.222% | $131K | $293K | 10x | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4638 | −0.041% | $27K | $314K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4635 | −0.110% | $624K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4638 | −0.045% | $56K | $226K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4631 | −0.192% | $57K | $1.7M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4633 | −0.153% | $23K | $1.5M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4628 | −0.261% | $201 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4624 | −0.347% | $870K | $1.7M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4625 | −0.325% | $1.9M | $3.8M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4630 | −0.218% | $135K | $745K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4629 | −0.228% | $31K | $5K | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4631 | −0.205% | — | — | 20x | as long as short |
| BloFin WLD-USDT | +0.0204% | 8h | 0.4627 | −0.282% | $5.0M | $876K | 75x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0223% / S −0.1831% | 1h | 0.4631 | −0.205% | $9K | — | 100x | as long as short |
| 01 Exchange WLDUSD | +0.0232% | 1h | 0.4631 | −0.190% | $331 | $77 | 5x | as long as short |
| Injective WLD/USDC PERP | +0.0374% | 1h | 0.4647 | +0.149% | $6K | $90K | 5.5x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0400% | 1h | 0.4635 | −0.110% | $276K | $1.6M | 50x | as long as short |
| Hyperliquid WLD | +0.0446% | 1h | 0.4635 | −0.106% | $48.2M | $40.4M | 10x | as long as short |
| Lighter WLDlong | +0.0520% | 1h | 0.4640 | long leg | $5.1M | $1.9M | 10x | |
| Kraken Futures PF_WLDUSD | +0.1077% | 1h | 0.4630 | −0.214% | $928K | $2.5M | 50x | as long as short |
MEXC WLD_USDT
Binance WLDUSDT
Nado WLD-PERP
Pacifica WLD
Gate WLD_USDT
Bitget WLDUSDT
BingX WLD-USDC
Backpack WLD_USDC_PERP
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
BloFin WLD-USDT
GMX WLD/USD [ETH-USDC]
01 Exchange WLDUSD
Injective WLD/USDC PERP
Coinbase International WLD-PERP-INTX
Hyperliquid WLD
Kraken Futures PF_WLDUSD