Funding you earn now, next payment 03:00 UTC−0.0084%/8h= −9.2% APRpaid last 24h −0.081%
Price spread now: edgeX against Lighter−0.005%79s7-day average −0.148% · you buy dearer than you sell
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$350.354% of the position
Funding, last 7 days−0.082%−$8 on $10k
+Price spread, last 4 days (all we have)+0.399%+$40 · spread now −0.005%, 7d avg −0.148%
=Together, before fees+0.317%+ Points / potential airdropLighter: Season 3 · edgeX: Active · farm board+$32 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.143% dearer against Lighter than usual: you sell high and buy low (spread −0.005% now, against its 7-day average of −0.148%): +$14 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 5.7 days. At the pace of the last 7 days (−0.082% in total) that is about 12 days. The two prices were read 79 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter WLD | 0.4634 | 0.0184 | pay 0.0023% / 1h | 14m 15s | $5.0M | $2.3M | 10x |
| Short | edgeX WLDUSDC | 0.4634 | 0.0100 | get 0.0050% / 4h | 1h 14m | $27K | $319K | 20x |
Lighter WLD
edgeX WLDUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- −$17.64
- Price spread: −0.005% → −0.148%
- $14.33
- Slippage, 4 orders
- −$26.44
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$38.75
- Costs to cover
- 0.354%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 4 min ago; edgeX: live order book, 49 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, 4 min ago | 5.82 bp | 8.1 bp −$8 | 45.1 bp −$451 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 49 min ago | 4.28 bp | 8.8 bp −$9 | 17.1 bp −$171 | 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 | −0.0121% | 8h | 0.4630 | −0.097% | $46K | $4.6M | 1.7x | as long as short |
| KuCoin WLDUSDTM | −0.0025% | 8h | 0.4624 | −0.227% | $7.1M | $11.6M | 50x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4627 | −0.171% | $165K | $26K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4628 | −0.140% | $120K | $920K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4627 | −0.167% | $55K | — | 150x | as long as short |
| Nado WLD-PERP | +0.0011% | 1h | 0.4627 | −0.162% | $268K | $187K | 5x | as long as short |
| 01 Exchange WLDUSD | +0.0064% | 1h | 0.4629 | −0.119% | $331 | $80 | 5x | as long as short |
| Orderly PERP_WLD_USDC | +0.0077% | 8h | 0.4627 | −0.162% | $28K | $891K | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4630 | −0.097% | $174K | $1.1M | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4629 | −0.119% | $48K | $511K | 5x | as long as short |
Kalshi KXWLDPERP
KuCoin WLDUSDTM
dYdX WLD-USD
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
Nado WLD-PERP
01 Exchange WLDUSD
Orderly PERP_WLD_USDC
Aster WLDUSDT
Pacifica WLDShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance WLDUSDT | +0.0100% | 8h | 0.4627 | −0.162% | $88.0M | $326.7M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4628 | −0.140% | $66.2M | $88.4M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4629 | −0.119% | $35.0M | $149.8M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4625 | −0.205% | $7.2M | $37.1M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4627 | −0.162% | $45.7M | $54.7M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4626 | −0.183% | $30.7M | $29.7M | 75x | as long as short |
| BingX WLD-USDC | +0.0100% | 8h | 0.4626 | −0.183% | — | $1.3M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4631 | −0.086% | $134K | $293K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4639 | +0.088% | $2.2M | $1.7M | — | as long as short |
| edgeX WLDUSDCshort | +0.0100% | 4h | 0.4634 | −0.005% | $27K | $319K | 20x | |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4635 | +0.002% | $618K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4633 | −0.032% | $51K | $236K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4626 | −0.179% | $55K | $2.0M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4635 | +0.011% | $23K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4627 | −0.162% | $174 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4635 | +0.011% | $847K | $1.9M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4628 | −0.140% | $1.8M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4625 | −0.199% | $214K | $929K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4637 | +0.058% | $31K | $600 | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4625 | −0.211% | — | — | 20x | as long as short |
| Phoenix WLD | +0.0172% | 1h | 0.4653 | +0.403% | $5K | $57K | 10x | as long as short |
| Lighter WLDlong | +0.0184% | 1h | 0.4634 | long leg | $5.0M | $2.3M | 10x | |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4632 | −0.054% | $5.0M | $805K | 75x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0230% / S −0.1268% | 1h | 0.4626 | −0.176% | $5K | — | 100x | as long as short |
| Hyperliquid WLD | +0.0480% | 1h | 0.4634 | −0.013% | $51.6M | $42.7M | 10x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0480% | 1h | 0.4635 | +0.011% | $273K | $1.7M | 50x | as long as short |
| Injective WLD/USDC PERP | +0.0677% | 1h | 0.4636 | +0.032% | $6K | $185K | 5.5x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0894% | 1h | 0.4630 | −0.104% | $896K | $2.9M | 50x | as long as short |
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
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]
Hyperliquid WLD
Coinbase International WLD-PERP-INTX
Injective WLD/USDC PERP
Kraken Futures PF_WLDUSD