Funding you earn now, next payment 02:00 UTC+0.0748%/8h= +81.9% APRpaid last 24h +0.083%
Price spread now: Lighter against OKX+0.325%7-day average +0.127% · you sell dearer than you buy
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$470.474% of the position
Funding, last 7 days+0.171%+$17 on $10k
+Price spread, last 7 days−0.285%−$29 · spread now +0.325%, 7d avg +0.127%
=Together, before fees−0.115%+ Points / potential airdropLighter: Season 3 · farm board−$11 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$22 a day on $10k at the current rate, and Lighter is 0.197% dearer against OKX than usual: you sell high and buy low: +$20 more if the spread goes back to its 7-day average of +0.127%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.171% in total (about 8.9% 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 | OKX WLD-USDT-SWAP | 0.4682 | 0.0100 | pay 0.0100% / 8h | 6h 24m | $35.3M | $153.0M | 50x |
| Short | Lighter WLD | 0.4697 | 0.0848 | get 0.0106% / 1h | 24m 49s | $5.3M | $2.1M | 10x |
OKX WLD-USDT-SWAP
Lighter WLDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against OKX. 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
- $157.08
- Price spread: +0.325% → +0.127%
- $19.73
- Slippage, 4 orders
- −$37.41
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $129.39
- Costs to cover
- 0.474%
- Break-even
- 1.2 days
Slippage from OKX: live order book, 4 min ago; Lighter: live order book, 3 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 OKX live order book, 4 min ago | 1.07 bp | 10.7 bp −$11 | 20.7 bp −$207 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 3 min ago | 6.36 bp | 8.6 bp −$9 | 39.4 bp −$394 | doesn't fit | doesn't fit |
WLD on 37 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective WLD/USDC PERP | −0.0235% | 1h | 0.4615 | −1.431% | $6K | $185K | 5.5x | as long as short |
| Kalshi KXWLDPERP | −0.0151% | 8h | 0.4699 | +0.363% | $44K | $4.4M | 1.7x | as long as short |
| KuCoin WLDUSDTM | −0.0047% | 8h | 0.4679 | −0.064% | $7.1M | $11.5M | 50x | as long as short |
| Nado WLD-PERP | −0.0008% | 1h | 0.4694 | +0.256% | $273K | $189K | 5x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4687 | +0.108% | $167K | $26K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4695 | +0.278% | $130K | $895K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4695 | +0.274% | $57K | — | 150x | as long as short |
| Gate WLD_USDT | +0.0042% | 8h | 0.4682 | 0.000% | $7.3M | $37.7M | 75x | as long as short |
| ApeX Omni WLDUSDT | +0.0057% | 1h | 0.4659 | −0.491% | $51K | $237K | 50x | as long as short |
| Orderly PERP_WLD_USDC | +0.0058% | 8h | 0.4694 | +0.256% | $29K | $897K | 10x | as long as short |
Injective WLD/USDC PERP
Kalshi KXWLDPERP
KuCoin WLDUSDTM
Nado WLD-PERP
dYdX WLD-USD
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
Gate WLD_USDT
ApeX Omni WLDUSDT
Orderly PERP_WLD_USDCShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix WLD | +0.0068% | 1h | 0.4715 | +0.696% | $5K | $54K | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4687 | +0.109% | $180K | $1.0M | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4688 | +0.125% | $56K | $506K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4691 | +0.192% | $89.1M | $324.6M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4684 | +0.043% | $67.3M | $87.2M | 50x | as long as short |
| OKX WLD-USDT-SWAPlong | +0.0100% | 8h | 0.4682 | long leg | $35.3M | $153.0M | 50x | |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4681 | −0.021% | $46.4M | $55.8M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4683 | +0.021% | $31.1M | $29.2M | 75x | as long as short |
| BingX WLD-USDC | +0.0100% | 8h | 0.4680 | −0.043% | — | $1.3M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4685 | +0.073% | $138K | $292K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4705 | +0.485% | $2.1M | $1.7M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4708 | +0.545% | $28K | $316K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4709 | +0.577% | $625K | $1.9M | 10x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4696 | +0.299% | $56K | $2.1M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4699 | +0.363% | $23K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4692 | +0.214% | $224 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4692 | +0.214% | $888K | $1.8M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4691 | +0.192% | $1.9M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4681 | −0.016% | $216K | $886K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4696 | +0.299% | $32K | $600 | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4693 | +0.230% | — | — | 20x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0230% / S −0.1268% | 1h | 0.4694 | +0.250% | $5K | — | 100x | as long as short |
| 01 Exchange WLDUSD | +0.0264% | 1h | 0.4695 | +0.273% | $336 | $77 | 5x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0456% | 1h | 0.4716 | +0.726% | $282K | $1.8M | 50x | as long as short |
| Hyperliquid WLD | +0.0570% | 1h | 0.4691 | +0.190% | $52.2M | $44.1M | 10x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0637% | 1h | 0.4695 | +0.282% | $917K | $2.9M | 50x | as long as short |
| Lighter WLDshort | +0.0848% | 1h | 0.4697 | +0.325% | $5.3M | $2.1M | 10x |
Phoenix WLD
Aster WLDUSDT
Pacifica WLD
Binance WLDUSDT
Bybit WLDUSDT
MEXC WLD_USDT
Bitget WLDUSDT
BingX WLD-USDC
Backpack WLD_USDC_PERP
Variational Omni WLD
edgeX WLDUSDC
GRVT WLD_USDT_Perp
Polymarket Perps WLD-USD
SunX WLD-USDT
SoDEX WLD-USD
HTX WLD-USDT
Phemex WLDUSDT
Extended WLD-USD
Aevo WLD-PERP
Reya WLDRUSDPERP
GMX WLD/USD [ETH-USDC]
01 Exchange WLDUSD
Coinbase International WLD-PERP-INTX
Hyperliquid WLD
Kraken Futures PF_WLDUSD