Funding you earn now, next payment 03:00 UTC−0.0232%/8h= −25.4% APRnext payment −$0.29 per $10,000 · paid last 24h −0.107%
Price spread now: dYdX against Lighter−0.156%7-day average −0.112% · you buy dearer than you sell
Net, funding: paid 7d − costs−$276as in the Funding arb table
Net, price: spread back to 7d avg − costs−$252as in the Price arb table
costs, in and out, $10k−$2482.481% of the position
Funding, last 7 days−0.283%−$28 on $10k
+Price spread, last 4 days (all we have)+0.040%+$4 · spread now −0.156%, 7d avg −0.112%
=Together, before fees−0.243%+ Points / potential airdropLighter: Season 3 · farm board−$24 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and dYdX is 0.044% cheaper against Lighter than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.112%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter WLD | 0.4642 | 0.0232 | pay 0.0029% / 1h | 35m 08s | $5.0M | $2.3M | 10x |
| Short | dYdX WLD-USD | 0.4635 | 0 | get 0.0000% / 1h | 35m 08s | $165K | $26K | 10x |
Lighter WLD
dYdX WLD-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX 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
- −$48.72
- Price spread: −0.156% → −0.112%
- −$4.39
- Slippage, 4 orders
- −$238.07
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$301.18
- Costs to cover
- 2.481%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 3 min ago; dYdX: live order book, 29 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, 3 min ago | 2.16 bp | 9.1 bp −$9 | 35.5 bp −$355 | doesn't fit | doesn't fit |
| Sell dYdX live order book, 29 min ago | 109.63 bp | 114.6 bp −$115 | 114.6 bp −$1,146 | 155.3 bp −$15.5K | 244.4 bp −$122.2K |
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 | −0.0135% | 8h | 0.4642 | −0.006% | $57K | $4.5M | 1.7x | as long as short |
| KuCoin WLDUSDTM | −0.0041% | 8h | 0.4636 | −0.136% | $7.1M | $11.6M | 50x | as long as short |
| dYdX WLD-USDshort | 0.0000% | 1h | 0.4635 | −0.156% | $165K | $26K | 10x | |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4642 | −0.006% | $120K | $923K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4641 | −0.034% | $56K | — | 150x | as long as short |
| Nado WLD-PERP | +0.0028% | 1h | 0.4639 | −0.071% | $268K | $187K | 5x | as long as short |
| Orderly PERP_WLD_USDC | +0.0073% | 8h | 0.4641 | −0.028% | $28K | $893K | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4640 | −0.054% | $177K | $1.0M | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4635 | −0.163% | $49K | $511K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4637 | −0.110% | $88.1M | $324.8M | 75x | as long as short |
Kalshi KXWLDPERP
KuCoin WLDUSDTM
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
Nado WLD-PERP
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 | 0.4639 | −0.071% | $66.2M | $87.9M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4639 | −0.071% | $35.0M | $149.3M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4636 | −0.136% | $7.2M | $36.8M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4639 | −0.071% | $45.8M | $54.3M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4638 | −0.093% | $30.6M | $29.5M | 75x | as long as short |
| BingX WLD-USDC | +0.0100% | 8h | 0.4637 | −0.114% | — | $1.3M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4640 | −0.054% | $137K | $290K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4633 | −0.209% | $2.1M | $1.7M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4621 | −0.468% | $27K | $318K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4619 | −0.503% | $607K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4623 | −0.416% | $51K | $236K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4643 | +0.019% | $54K | $2.0M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4649 | +0.144% | $23K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4641 | −0.028% | $290 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4634 | −0.179% | $846K | $1.9M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4639 | −0.071% | $1.8M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4639 | −0.066% | $214K | $927K | 10x | as long as short |
| 01 Exchange WLDUSD | +0.0104% | 1h | 0.4642 | 0.000% | $332 | $80 | 5x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4641 | −0.028% | $31K | $600 | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4643 | +0.009% | — | — | 20x | as long as short |
| Phoenix WLD | +0.0172% | 1h | 0.4625 | −0.381% | $5K | $57K | 10x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4638 | −0.093% | $5.0M | $804K | 75x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0230% / S −0.1268% | 1h | 0.4641 | −0.034% | $5K | — | 100x | as long as short |
| Lighter WLDlong | +0.0232% | 1h | 0.4642 | long leg | $5.0M | $2.3M | 10x | |
| Coinbase International WLD-PERP-INTX | +0.0480% | 1h | 0.4646 | +0.080% | $276K | $1.7M | 50x | as long as short |
| Hyperliquid WLD | +0.0497% | 1h | 0.4644 | +0.037% | $51.7M | $42.9M | 10x | as long as short |
| Injective WLD/USDC PERP | +0.0677% | 1h | 0.4616 | −0.567% | $6K | $185K | 5.5x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0893% | 1h | 0.4639 | −0.075% | $902K | $2.9M | 50x | as long as short |
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
01 Exchange WLDUSD
Aevo WLD-PERP
Reya WLDRUSDPERP
Phoenix WLD
BloFin WLD-USDT
GMX WLD/USD [ETH-USDC]
Coinbase International WLD-PERP-INTX
Hyperliquid WLD
Injective WLD/USDC PERP
Kraken Futures PF_WLDUSD