Funding you earn now, next payment 05:00 UTC−0.0580%/8h= −63.5% APRpaid last 24h −0.060%
Price spread now: BloFin against Lighter−0.285%7-day average −0.116% · you buy dearer than you sell
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$470.466% of the position
Funding, last 7 days+0.061%+$6 on $10k
+Price spread, last 4 days (all we have)+0.403%+$40 · spread now −0.285%, 7d avg −0.116%
=Together, before fees+0.464%+ Points / potential airdropLighter: Season 3 · farm board+$46 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and BloFin is 0.169% cheaper against Lighter than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of −0.116%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.061%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.061% in total (about 3.2% 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 | 0.4590 | 0.0800 | pay 0.0100% / 1h | 31m 10s | $5.2M | $2.6M | 10x |
| Short | BloFin WLD-USDT | 0.4577 | 0.0220 | get 0.0220% / 8h | 3h 31m | $4.9M | $895K | 75x |
Lighter WLD
BloFin WLD-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$121.8
- Price spread: −0.285% → −0.116%
- −$16.89
- Slippage, 4 orders
- −$34.6
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$185.29
- Costs to cover
- 0.466%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 7 min ago; BloFin: live order book, 2 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, 7 min ago | 4.36 bp | 13.6 bp −$14 | 41.1 bp −$411 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 2 min ago | 3.29 bp | 14.9 bp −$15 | 20.8 bp −$208 | 41.1 bp −$4,108 | 107.9 bp −$54.0K |
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 | −0.0033% | 1h | 0.4577 | −0.275% | $243K | $205K | 5x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4567 | −0.498% | $156K | $33K | 10x | as long as short |
| Kalshi KXWLDPERP | 0.0000% | 8h | 0.4583 | −0.155% | $46K | $4.7M | 1.7x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4581 | −0.205% | $66K | — | 150x | as long as short |
| KuCoin WLDUSDTM | +0.0021% | 8h | 0.4579 | −0.242% | $6.9M | $11.8M | 50x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4580 | −0.213% | $210K | $1.1M | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4568 | −0.475% | $49K | $524K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4579 | −0.233% | $87.3M | $329.7M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4578 | −0.264% | $65.3M | $90.1M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4578 | −0.264% | $34.7M | $151.7M | 50x | as long as short |
Nado WLD-PERP
dYdX WLD-USD
Kalshi KXWLDPERP
gTrade (Gains Network) WLD/USD
KuCoin WLDUSDTM
Aster WLDUSDT
Pacifica WLD
Binance WLDUSDT
Bybit WLDUSDT
OKX WLD-USDT-SWAPShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate WLD_USDT | +0.0100% | 8h | 0.4578 | −0.264% | $7.3M | $36.4M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4579 | −0.242% | $41.7M | $54.7M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4579 | −0.242% | $30.3M | $30.3M | 75x | as long as short |
| BingX WLD-USDC | +0.0100% | 8h | 0.4579 | −0.242% | — | $1.3M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4582 | −0.174% | $137K | $303K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4580 | −0.227% | $2.2M | $1.6M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4559 | −0.683% | $27K | $320K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4563 | −0.590% | $601K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4562 | −0.612% | $43K | $238K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4579 | −0.246% | $40K | $2.1M | 10x | as long as short |
| Orderly PERP_WLD_USDC | +0.0100% | 8h | 0.4582 | −0.176% | $28K | $867K | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4589 | −0.024% | $23K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4581 | −0.198% | $204 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4577 | −0.285% | $837K | $1.8M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4579 | −0.242% | $1.8M | $3.6M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4580 | −0.217% | $217K | $984K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4585 | −0.122% | $31K | $600 | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4579 | −0.248% | — | — | 20x | as long as short |
| Injective WLD/USDC PERP | +0.0142% | 1h | 0.4576 | −0.307% | $6K | $185K | 5.5x | as long as short |
| Phoenix WLD | +0.0157% | 1h | 0.4561 | −0.623% | $5K | $52K | 10x | as long as short |
| BloFin WLD-USDTshort | +0.0220% | 8h | 0.4577 | −0.285% | $4.9M | $895K | 75x | |
| GMX WLD/USD [ETH-USDC] | L +0.0229% / S −0.1268% | 1h | 0.4581 | −0.200% | $5K | — | 100x | as long as short |
| 01 Exchange WLDUSD | +0.0304% | 1h | 0.4580 | −0.231% | $328 | $55 | 5x | as long as short |
| Deribit WLD_USDC-PERPETUAL | +0.0405% | 1h | 0.4586 | −0.089% | $124K | $959K | 25x | as long as short |
| Hyperliquid WLD | +0.0433% | 1h | 0.4585 | −0.115% | $50.4M | $43.4M | 10x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0518% | 1h | 0.4583 | −0.153% | $894K | $2.9M | 50x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0560% | 1h | 0.4589 | −0.024% | $269K | $1.7M | 50x | as long as short |
| Lighter WLDlong | +0.0800% | 1h | 0.4590 | long leg | $5.2M | $2.6M | 10x |
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
Orderly PERP_WLD_USDC
SunX WLD-USDT
SoDEX WLD-USD
HTX WLD-USDT
Phemex WLDUSDT
Extended WLD-USD
Aevo WLD-PERP
Reya WLDRUSDPERP
Injective WLD/USDC PERP
Phoenix WLD
GMX WLD/USD [ETH-USDC]
01 Exchange WLDUSD
Deribit WLD_USDC-PERPETUAL
Hyperliquid WLD
Kraken Futures PF_WLDUSD
Coinbase International WLD-PERP-INTX