WLD

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0028%/8h= +3.1% APRnext payment +$0.04 per $10,000 · paid last 24h +0.086%

Price spread now: Lighter against Pacifica+0.071%7-day average +0.104% · you sell dearer than you buy

Net, funding: paid 7d − costs−$29as in the Funding arb table

Net, price: spread back to 7d avg − costs−$41as in the Price arb table

costs, in and out, $10k−$380.379% of the position

Long on Pacifica Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days+0.088%+$9 on $10k

Price spread, last 4 days (all we have)+0.041%+$4 · spread now +0.071%, 7d avg +0.104%

Together, before fees+0.128%+ Points / potential airdropPacifica: Active · Lighter: Season 3 · farm board+$13 on $10k · with fees, hour by hour

Funding pays, the price is against you. Lighter is 0.033% cheaper against Pacifica than usual: you would sell low and buy high (spread +0.071% now, against its 7-day average of +0.104%). If the spread goes back, that is −$3 on $10k: about 4.0 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica WLD	0.4484	0.0100	pay 0.0013% / 1h	39m 44s	$50K	$541K	5x
Short	Lighter WLD	0.4487	0.0128	get 0.0016% / 1h	39m 44s	$4.9M	$2.9M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Pacifica. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee PacificabpFee LighterbpOrdersPrice spread, now +0.071%Rate

Funding earned: $5.88
Price spread: +0.071% → +0.104%: −$3.32
Slippage, 4 orders: −$29.95
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Lighter: 0 bp × 2 orders: $0
Net: −$35.39
Costs to cover: 0.379%
Break-even: 49.1 days

Slippage from Pacifica: live order book, 9 min ago; Lighter: live order book, 8 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 Pacifica live order book, 9 min ago	3.32 bp	10.5 bp −$10	doesn't fit	doesn't fit	doesn't fit
Sell Lighter live order book, 8 min ago	2.99 bp	4.7 bp −$5	24.4 bp −$244	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
Nado WLD-PERP	−0.0048%	1h	0.4481	−0.050%	$241K	$208K	5x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4482	−0.043%	$153K	$33K	10x	as long as short
Kalshi KXWLDPERP	0.0000%	8h	0.4478	−0.128%	$78K	$4.8M	1.7x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4488	+0.095%	$143K	$1.0M	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4485	+0.029%	$65K	—	150x	as long as short
KuCoin WLDUSDTM	+0.0045%	8h	0.4478	−0.128%	$6.7M	$11.9M	50x	as long as short
Polymarket Perps WLD-USD	+0.0051%	1h	0.4479	−0.099%	$44K	$2.4M	10x	as long as short
01 Exchange WLDUSD	+0.0064%	1h	0.4483	−0.021%	$321	$55	5x	as long as short
Orderly PERP_WLD_USDC	+0.0098%	8h	0.4486	+0.051%	$28K	$831K	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4484	−0.002%	$224K	$1.1M	50x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica WLDlong	+0.0100%	1h	0.4484	long leg	$50K	$541K	5x
Binance WLDUSDT	+0.0100%	8h	0.4483	−0.019%	$85.3M	$338.3M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4479	−0.105%	$63.7M	$91.8M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4482	−0.038%	$33.8M	$152.5M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4481	−0.061%	$7.2M	$36.9M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4482	−0.038%	$38.3M	$55.6M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4481	−0.061%	$29.5M	$31.0M	75x	as long as short
BingX WLD-USDT	+0.0100%	8h	0.4482	−0.038%	—	$68.2M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4486	+0.062%	$133K	$307K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4488	+0.090%	$2.0M	$1.7M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4497	+0.300%	$27K	$319K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4505	+0.472%	$602K	$2.0M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4498	+0.318%	$48K	$240K	50x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4492	+0.185%	$23K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4484	+0.006%	$209	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4483	−0.016%	$821K	$1.8M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4484	+0.006%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4478	−0.131%	$219K	$999K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4487	+0.073%	$30K	$600	3x	as long as short
Lighter WLDshort	+0.0128%	1h	0.4487	+0.071%	$4.9M	$2.9M	10x
Reya WLDRUSDPERP	+0.0134%	1h	0.4479	−0.097%	—	—	20x	as long as short
Phoenix WLD	+0.0142%	1h	0.4506	+0.486%	$5K	$52K	10x	as long as short
Injective WLD/USDC PERP	+0.0176%	1h	0.4519	+0.787%	$6K	$185K	5.5x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0219% / S −0.0967%	1h	0.4482	−0.039%	$4K	—	100x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4488	+0.095%	$3.8M	$923K	75x	as long as short
Hyperliquid WLD	+0.0304%	1h	0.4485	+0.035%	$48.7M	$44.0M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.0505%	1h	0.4487	+0.074%	$856K	$2.9M	50x	as long as short
Coinbase International WLD-PERP-INTX	+0.0536%	1h	0.4487	+0.073%	$274K	$1.7M	50x	as long as short