Funding you earn now, next payment 23:00 UTC+0.0780%/8h= +85.4% APRnext payment +$0.97 per $10,000 · paid last 24h +0.033%
Price spread now: Lighter against Polymarket Perps+0.286%7-day average +0.111% · you sell dearer than you buy
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$440.437% of the position
Funding, last 7 days+0.114%+$11 on $10k
+Price spread, last 7 days−0.355%−$36 · spread now +0.286%, 7d avg +0.111%
=Together, before fees−0.242%+ Points / potential airdropLighter: Season 3 · farm board−$24 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$23 a day on $10k at the current rate, and Lighter is 0.175% dearer against Polymarket Perps than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of +0.111%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.114% in total (about 5.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.97 per $10,000. 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 | Polymarket Perps WLD-USD | 0.4585 | 0.0100 | pay 0.0013% / 1h | 37m 16s | $47K | $1.7M | 10x |
| Short | Lighter WLD | 0.4598 | 0.0880 | get 0.0110% / 1h | 37m 16s | $5.2M | $2.1M | 10x |
Polymarket Perps WLD-USD
Lighter WLDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Polymarket Perps. 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
- $163.8
- Price spread: +0.286% → +0.111%
- $17.46
- Slippage, 4 orders
- −$35.68
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $137.58
- Costs to cover
- 0.437%
- Break-even
- 1.1 days
Slippage from Polymarket Perps: live order book, 1 min ago; Lighter: live order book, 6 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 Polymarket Perps live order book, 1 min ago | 3.37 bp | 7.4 bp −$7 | 8.8 bp −$88 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 6 min ago | 2.71 bp | 13.3 bp −$13 | 35.5 bp −$355 | 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 | −0.0384% | 8h | 0.4600 | +0.318% | $34K | $3.8M | 1.7x | as long as short |
| Injective WLD/USDC PERP | −0.0079% | 1h | 0.4623 | +0.820% | $6K | $185K | 5.5x | as long as short |
| Orderly PERP_WLD_USDC | −0.0005% | 8h | 0.4586 | +0.013% | $28K | $914K | 10x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4591 | +0.127% | $164K | $13K | 10x | as long as short |
| KuCoin WLDUSDTM | 0.0000% | 8h | 0.4582 | −0.074% | $7.0M | $10.7M | 50x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4587 | +0.035% | $107K | $890K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4584 | −0.025% | $57K | — | 150x | as long as short |
| Variational Omni WLD | +0.0046% | 8h | 0.4597 | +0.252% | $2.1M | $1.6M | — | as long as short |
| Nado WLD-PERP | +0.0067% | 1h | 0.4582 | −0.074% | $276K | $169K | 5x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4588 | +0.068% | $216K | $988K | 50x | as long as short |
Kalshi KXWLDPERP
Injective WLD/USDC PERP
Orderly PERP_WLD_USDC
dYdX WLD-USD
KuCoin WLDUSDTM
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
Variational Omni WLD
Nado WLD-PERP
Aster WLDUSDTShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica WLD | +0.0100% | 1h | 0.4589 | +0.086% | $51K | $480K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4584 | −0.027% | $86.9M | $295.7M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4584 | −0.031% | $65.9M | $81.3M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4585 | −0.009% | $34.3M | $140.9M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4585 | −0.009% | $7.5M | $35.1M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4585 | −0.009% | $49.3M | $51.3M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4584 | −0.031% | $30.2M | $25.4M | 75x | as long as short |
| BingX WLD-USDT | +0.0100% | 8h | 0.4585 | −0.009% | — | $67.9M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4597 | +0.264% | $128K | $269K | 10x | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4617 | +0.680% | $27K | $315K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4608 | +0.490% | $628K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4625 | +0.864% | $56K | $226K | 50x | as long as short |
| Polymarket Perps WLD-USDlong | +0.0100% | 1h | 0.4585 | long leg | $47K | $1.7M | 10x | |
| SunX WLD-USDT | +0.0100% | 8h | 0.4592 | +0.144% | $23K | $1.5M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4587 | +0.035% | $201 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4586 | +0.013% | $866K | $1.8M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4588 | +0.057% | $1.8M | $3.8M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4585 | −0.015% | $241K | $855K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4586 | +0.002% | $31K | $5K | 3x | as long as short |
| Phoenix WLD | +0.0124% | 1h | 0.4603 | +0.393% | $5K | $53K | 10x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4582 | −0.066% | — | — | 20x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0186% | 1h | 0.4592 | +0.139% | $921K | $2.6M | 50x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4616 | +0.667% | $4.9M | $821K | 75x | as long as short |
| 01 Exchange WLDUSD | +0.0256% | 1h | 0.4592 | +0.142% | $329 | $77 | 5x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0260% / S −0.2221% | 1h | 0.4586 | +0.022% | $9K | — | 100x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0424% | 1h | 0.4597 | +0.253% | $273K | $1.6M | 50x | as long as short |
| Lighter WLDshort | +0.0880% | 1h | 0.4598 | +0.286% | $5.2M | $2.1M | 10x | |
| Hyperliquid WLD | +0.1070% | 1h | 0.4591 | +0.113% | $50.0M | $43.0M | 10x | as long as short |
Pacifica WLD
Binance WLDUSDT
Bybit WLDUSDT
OKX WLD-USDT-SWAP
Gate WLD_USDT
MEXC WLD_USDT
Bitget WLDUSDT
BingX WLD-USDT
Backpack WLD_USDC_PERP
edgeX WLDUSDC
GRVT WLD_USDT_Perp
ApeX Omni WLDUSDT
SunX WLD-USDT
SoDEX WLD-USD
HTX WLD-USDT
Phemex WLDUSDT
Extended WLD-USD
Aevo WLD-PERP
Phoenix WLD
Reya WLDRUSDPERP
Kraken Futures PF_WLDUSD
BloFin WLD-USDT
01 Exchange WLDUSD
GMX WLD/USD [ETH-USDC]
Coinbase International WLD-PERP-INTX
Hyperliquid WLD