Funding you earn now, next payment 04:00 UTC+0.0080%/8h= +8.8% APRnext payment +$0.10 per $10,000 · paid last 24h +0.114%
Price spread now: Lighter against 01 Exchange+0.070%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Lighter is 0.070% dearer against 01 Exchange than usual: you sell high and buy low: +$7 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 | 01 Exchange WLDUSD | 0.4568 | 0.0016 | pay 0.0002% / 1h | 50m 41s | $327 | $80 | 5x |
| Short | Lighter WLD | 0.4571 | 0.0096 | get 0.0012% / 1h | 50m 41s | $4.9M | $2.4M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against 01 Exchange. 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
- $16.8
- Price spread: +0.070% → 0.000%
- $7.01
- Slippage, 4 orders
- no order book: not counted
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $16.81
- Costs to cover
- 0.070%
- Break-even
- from the start
Slippage unknown: 01 Exchange: no order-book sample; Lighter: live order book, 7 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 01 Exchange no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 7 min ago | 4.05 bp | 10.3 bp −$10 | 40.9 bp −$409 | doesn't fit | doesn't fit |
01 Exchange: 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 | |
|---|---|---|---|---|---|---|---|---|
| Kalshi KXWLDPERP | −0.0109% | 8h | 0.4579 | +0.247% | $58K | $4.6M | 1.7x | as long as short |
| Nado WLD-PERP | −0.0088% | 1h | 0.4578 | +0.225% | $243K | $205K | 5x | as long as short |
| KuCoin WLDUSDTM | −0.0031% | 8h | 0.4574 | +0.138% | $7.0M | $11.6M | 50x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4567 | −0.021% | $156K | $33K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4577 | +0.204% | $115K | $923K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4578 | +0.221% | $55K | — | 150x | as long as short |
| Injective WLD/USDC PERP | +0.0014% | 1h | 0.4558 | −0.212% | $6K | $185K | 5.5x | as long as short |
| 01 Exchange WLDUSDlong | +0.0016% | 1h | 0.4568 | long leg | $327 | $80 | 5x | |
| Orderly PERP_WLD_USDC | +0.0082% | 8h | 0.4576 | +0.182% | $28K | $889K | 10x | as long as short |
| Lighter WLDshort | +0.0096% | 1h | 0.4571 | +0.070% | $4.9M | $2.4M | 10x |
Show all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster WLDUSDT | +0.0100% | 8h | 0.4579 | +0.243% | $190K | $1.1M | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4570 | +0.048% | $49K | $528K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4567 | −0.010% | $86.7M | $327.3M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4564 | −0.081% | $65.1M | $88.9M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4565 | −0.059% | $34.2M | $148.6M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4566 | −0.037% | $7.2M | $36.7M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4565 | −0.059% | $44.8M | $53.7M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4564 | −0.081% | $30.1M | $30.1M | 75x | as long as short |
| BingX WLD-USDT | +0.0100% | 8h | 0.4565 | −0.059% | — | $67.3M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4578 | +0.221% | $134K | $298K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4575 | +0.153% | $2.1M | $1.7M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4588 | +0.453% | $27K | $319K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4586 | +0.401% | $603K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4590 | +0.488% | $43K | $240K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4579 | +0.256% | $44K | $2.1M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4585 | +0.379% | $23K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4575 | +0.160% | $175 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4577 | +0.204% | $838K | $1.9M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4576 | +0.182% | $1.8M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4563 | −0.096% | $227K | $974K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4577 | +0.203% | $31K | $600 | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4578 | +0.220% | — | — | 20x | as long as short |
| Phoenix WLD | +0.0158% | 1h | 0.4594 | +0.569% | $5K | $52K | 10x | as long as short |
| Hyperliquid WLD | +0.0164% | 1h | 0.4582 | +0.309% | $50.3M | $43.2M | 10x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4577 | +0.204% | $4.9M | $848K | 75x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0229% / S −0.1268% | 1h | 0.4577 | +0.214% | $5K | — | 100x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0479% | 1h | 0.4577 | +0.213% | $885K | $2.8M | 50x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0496% | 1h | 0.4578 | +0.225% | $270K | $1.7M | 50x | as long as short |
01 Exchange WLDUSD
Lighter WLD
Kalshi KXWLDPERP
KuCoin WLDUSDTM
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
Injective WLD/USDC PERP
Aster WLDUSDT
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
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
Phoenix WLD
Hyperliquid WLD
BloFin WLD-USDT
GMX WLD/USD [ETH-USDC]
Kraken Futures PF_WLDUSD
Coinbase International WLD-PERP-INTX