Funding you earn now, next payment 22:00 UTC−0.1082%/8h= −118.5% APRpaid last 24h −0.050%
Price spread now: Variational Omni against Lighter+0.172%7-day average −0.138% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.064%−$6 on $10k
+Price spread, last 7 days−0.351%−$35 · spread now +0.172%, 7d avg −0.138%
=Together, before fees−0.416%+ Points / potential airdropLighter: Season 3 · Variational Omni: Active · farm board−$42 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.310% dearer against Lighter than usual: you sell high and buy low (spread +0.172% now, against its 7-day average of −0.138%): +$31 on $10k if it goes back. Holding the pair costs −$32 a day in funding at the current rate, which eats that in about 23 hours. At the pace of the last 3 days (−0.064% in total) that is about 15 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.064% in total (about -7.3% 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 | 0.4550 | 0.1040 | pay 0.0130% / 1h | 44m 17s | $5.1M | $2.0M | 10x |
| Short | Variational Omni WLD | 0.4558 | −0.0042 | pay 0.0042% / 8h | 2h 44m | $2.1M | $1.6M | — |
Lighter WLD
Variational Omni WLDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational 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
- −$227.32
- Price spread: +0.172% → −0.138%
- $31.01
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$196.31
- Costs to cover
- 0.000%
- Break-even
- from the start
Slippage unknown: Lighter: live order book, 4 min ago; Variational Omni: RFQ quote, 5 min ago. Net counts fees only.
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 | 4.04 bp | 9.0 bp −$9 | 32.3 bp −$323 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 5 min ago | 5.47 bp | doesn't fit | 23.0 bp −$230 | 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 | −0.0542% | 8h | 0.4537 | −0.279% | $32K | $3.8M | 1.7x | as long as short |
| Variational Omni WLDshort | −0.0042% | 8h | 0.4558 | +0.172% | $2.1M | $1.6M | — | |
| Orderly PERP_WLD_USDC | −0.0028% | 8h | 0.4540 | −0.213% | $28K | $918K | 10x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4537 | −0.270% | $155K | $6K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4541 | −0.191% | $144K | $803K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4542 | −0.158% | $56K | — | 150x | as long as short |
| KuCoin WLDUSDTM | +0.0016% | 8h | 0.4537 | −0.279% | $7.0M | $10.7M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0050% | 8h | 0.4543 | −0.147% | $34.2M | $137.3M | 50x | as long as short |
| Phoenix WLD | +0.0052% | 1h | 0.4561 | +0.253% | $5K | $52K | 10x | as long as short |
| Nado WLD-PERP | +0.0053% | 1h | 0.4544 | −0.120% | $271K | $168K | 5x | as long as short |
Kalshi KXWLDPERP
Orderly PERP_WLD_USDC
dYdX WLD-USD
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
KuCoin WLDUSDTM
OKX WLD-USDT-SWAP
Phoenix WLD
Nado WLD-PERPShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit WLDUSDT | +0.0085% | 8h | 0.4542 | −0.169% | $65.6M | $79.6M | 50x | as long as short |
| MEXC WLD_USDT | +0.0099% | 8h | 0.4543 | −0.147% | $52.7M | $46.8M | 300x | as long as short |
| Binance WLDUSDT | +0.0099% | 8h | 0.4539 | −0.235% | $85.9M | $291.0M | 75x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4544 | −0.118% | $208K | $975K | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4539 | −0.242% | $52K | $473K | 5x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4542 | −0.169% | $7.4M | $34.2M | 75x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4539 | −0.235% | $30.1M | $25.2M | 75x | as long as short |
| BingX WLD-USDT | +0.0100% | 8h | 0.4543 | −0.147% | — | $68.0M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4541 | −0.191% | $128K | $278K | 10x | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4561 | +0.257% | $27K | $316K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4563 | +0.294% | $618K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4560 | +0.226% | $55K | $226K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4545 | −0.101% | $54K | $1.7M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4542 | −0.169% | $22K | $1.5M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4538 | −0.257% | $196 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4539 | −0.235% | $856K | $1.8M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4541 | −0.191% | $1.8M | $3.8M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4536 | −0.291% | $132K | $745K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4540 | −0.213% | $31K | $5K | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4545 | −0.096% | — | — | 20x | as long as short |
| Hyperliquid WLD | +0.0183% | 1h | 0.4547 | −0.055% | $47.2M | $40.5M | 10x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0217% / S −0.0307% | 1h | 0.4544 | −0.134% | $12K | — | 100x | as long as short |
| BloFin WLD-USDT | +0.0219% | 8h | 0.4540 | −0.213% | $5.0M | $831K | 75x | as long as short |
| Injective WLD/USDC PERP | +0.0374% | 1h | 0.4622 | +1.589% | $6K | $139K | 5.5x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0400% | 1h | 0.4546 | −0.081% | $285K | $1.6M | 50x | as long as short |
| 01 Exchange WLDUSD | +0.0576% | 1h | 0.4543 | −0.143% | $325 | $77 | 5x | as long as short |
| Lighter WLDlong | +0.1040% | 1h | 0.4550 | long leg | $5.1M | $2.0M | 10x | |
| Kraken Futures PF_WLDUSD | +0.1098% | 1h | 0.4543 | −0.151% | $924K | $2.6M | 50x | as long as short |
Bybit WLDUSDT
MEXC WLD_USDT
Binance WLDUSDT
Aster WLDUSDT
Pacifica WLD
Gate WLD_USDT
Bitget WLDUSDT
BingX WLD-USDT
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
Hyperliquid WLD
GMX WLD/USD [ETH-USDC]
BloFin WLD-USDT
Injective WLD/USDC PERP
Coinbase International WLD-PERP-INTX
01 Exchange WLDUSD
Kraken Futures PF_WLDUSD