Funding you earn now, next payment 05:00 UTC+0.0674%/8h= +73.8% APRnext payment +$0.84 per $10,000 · paid last 24h —
Price spread now: Lighter against Reya+0.064%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropReya: Active · Lighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$20 a day on $10k at the current rate, and Lighter is 0.064% dearer against Reya than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya WLDRUSDPERP | 0.4617 | 0.0134 | pay 0.0017% / 1h | 51m 39s | — | — | 20x |
| Short | Lighter WLD | 0.4620 | 0.0808 | get 0.0101% / 1h | 51m 39s | $5.2M | $2.6M | 10x |
Reya WLDRUSDPERP
Lighter WLDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Reya. 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
- $141.57
- Price spread: +0.064% → 0.000%
- $6.39
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $141.96
- Costs to cover
- 0.060%
- Break-even
- from the start
Slippage unknown: Reya: no order-book sample; Lighter: live order book, 6 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 Reya no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 6 min ago | 5.46 bp | 11.5 bp −$11 | 31.8 bp −$318 | doesn't fit | doesn't fit |
Reya: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0040% | 1h | 0.4606 | −0.254% | $244K | $205K | 5x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4611 | −0.131% | $157K | $33K | 10x | as long as short |
| Kalshi KXWLDPERP | 0.0000% | 8h | 0.4609 | −0.179% | $43K | $4.7M | 1.7x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4617 | −0.010% | $67K | — | 150x | as long as short |
| KuCoin WLDUSDTM | +0.0019% | 8h | 0.4610 | −0.157% | $7.0M | $11.7M | 50x | as long as short |
| Orderly PERP_WLD_USDC | +0.0099% | 8h | 0.4615 | −0.049% | $28K | $884K | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4617 | −0.005% | $214K | $1.1M | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4611 | −0.135% | $49K | $525K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4605 | −0.256% | $87.4M | $329.2M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4601 | −0.352% | $65.6M | $89.8M | 50x | as long as short |
Nado WLD-PERP
dYdX WLD-USD
Kalshi KXWLDPERP
gTrade (Gains Network) WLD/USD
KuCoin WLDUSDTM
Orderly PERP_WLD_USDC
Aster WLDUSDT
Pacifica WLD
Binance WLDUSDT
Bybit WLDUSDTShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4603 | −0.309% | $34.7M | $151.9M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4608 | −0.200% | $7.4M | $36.2M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4608 | −0.200% | $43.7M | $54.3M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4605 | −0.265% | $30.5M | $30.2M | 75x | as long as short |
| BingX WLD-USDT | +0.0100% | 8h | 0.4607 | −0.222% | — | $67.5M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4615 | −0.055% | $138K | $299K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4560 | −1.246% | $2.1M | $1.6M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4604 | −0.282% | $27K | $319K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4614 | −0.078% | $607K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4612 | −0.114% | $44K | $237K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4616 | −0.023% | $40K | $2.2M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4622 | +0.103% | $23K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4614 | −0.070% | $210 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4612 | −0.114% | $843K | $1.8M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4612 | −0.114% | $1.8M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4604 | −0.293% | $221K | $981K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4616 | −0.017% | $31K | $600 | 3x | as long as short |
| Reya WLDRUSDPERPlong | +0.0134% | 1h | 0.4617 | long leg | — | — | 20x | |
| Injective WLD/USDC PERP | +0.0142% | 1h | 0.4564 | −1.153% | $6K | $185K | 5.5x | as long as short |
| Phoenix WLD | +0.0157% | 1h | 0.4597 | −0.430% | $5K | $52K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | +0.0183% | 1h | 0.4617 | −0.005% | $125K | $959K | 25x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4618 | +0.016% | $4.9M | $838K | 75x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0230% / S −0.1268% | 1h | 0.4617 | −0.015% | $5K | — | 100x | as long as short |
| 01 Exchange WLDUSD | +0.0312% | 1h | 0.4609 | −0.179% | $330 | $80 | 5x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0515% | 1h | 0.4615 | −0.056% | $890K | $2.8M | 50x | as long as short |
| Hyperliquid WLD | +0.0518% | 1h | 0.4618 | +0.010% | $50.8M | $43.3M | 10x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0560% | 1h | 0.4609 | −0.179% | $271K | $1.7M | 50x | as long as short |
| Lighter WLDshort | +0.0808% | 1h | 0.4620 | +0.064% | $5.2M | $2.6M | 10x |
OKX WLD-USDT-SWAP
Gate WLD_USDT
MEXC WLD_USDT
Bitget WLDUSDT
BingX WLD-USDT
Backpack WLD_USDC_PERP
Variational Omni WLD
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
Injective WLD/USDC PERP
Phoenix WLD
Deribit WLD_USDC-PERPETUAL
BloFin WLD-USDT
GMX WLD/USD [ETH-USDC]
01 Exchange WLDUSD
Kraken Futures PF_WLDUSD
Hyperliquid WLD
Coinbase International WLD-PERP-INTX