Funding you earn now, next payment 06:00 UTC−0.0060%/8h= −6.6% APRpaid last 24h +0.064%
Price spread now: Lighter against BloFin+0.192%60s7-day average +0.119% · you sell dearer than you buy
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$310.315% of the position
Funding, last 7 days−0.056%−$6 on $10k
+Price spread, last 4 days (all we have)−0.292%−$29 · spread now +0.192%, 7d avg +0.119%
=Together, before fees−0.348%+ Points / potential airdropLighter: Season 3 · farm board−$35 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter is 0.073% dearer against BloFin than usual: you sell high and buy low (spread +0.192% now, against its 7-day average of +0.119%): +$7 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 4.1 days. At the pace of the last 7 days (−0.056% in total) that is about 9.2 days. The two prices were read 60 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin WLD-USDT | 0.4576 | 0.0220 | pay 0.0220% / 8h | 2h 06m | $4.8M | $923K | 75x |
| Short | Lighter WLD | 0.4585 | 0.0160 | get 0.0020% / 1h | 6m 14s | $5.0M | $2.9M | 10x |
BloFin WLD-USDT
Lighter WLDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against BloFin. 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
- −$12.6
- Price spread: +0.192% → +0.119%
- $7.3
- Slippage, 4 orders
- −$19.48
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$36.77
- Costs to cover
- 0.315%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 2 min ago; Lighter: live order book, 7 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 BloFin live order book, 2 min ago | 3.28 bp | 12.0 bp −$12 | 17.1 bp −$171 | 32.9 bp −$3,285 | 120.2 bp −$60.1K |
| Sell Lighter live order book, 7 min ago | 3.62 bp | 3.8 bp −$4 | 25.7 bp −$257 | 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 | −0.0034% | 1h | 0.4576 | 0.000% | $241K | $210K | 5x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4577 | +0.015% | $156K | $33K | 10x | as long as short |
| Kalshi KXWLDPERP | 0.0000% | 8h | 0.4571 | −0.109% | $54K | $4.8M | 1.7x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4579 | +0.062% | $66K | — | 150x | as long as short |
| KuCoin WLDUSDTM | +0.0065% | 8h | 0.4578 | +0.044% | $6.8M | $11.9M | 50x | as long as short |
| 01 Exchange WLDUSD | +0.0072% | 1h | 0.4582 | +0.133% | $328 | $55 | 5x | as long as short |
| Orderly PERP_WLD_USDC | +0.0099% | 8h | 0.4579 | +0.066% | $28K | $790K | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4581 | +0.112% | $228K | $1.1M | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4579 | +0.059% | $51K | $538K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4578 | +0.044% | $87.2M | $339.0M | 75x | as long as short |
Nado WLD-PERP
dYdX WLD-USD
Kalshi KXWLDPERP
gTrade (Gains Network) WLD/USD
KuCoin WLDUSDTM
01 Exchange WLDUSD
Orderly PERP_WLD_USDC
Aster WLDUSDT
Pacifica WLD
Binance WLDUSDTShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit WLDUSDT | +0.0100% | 8h | 0.4579 | +0.066% | $65.3M | $91.8M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4580 | +0.087% | $34.7M | $156.6M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4578 | +0.044% | $7.3M | $37.9M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4578 | +0.044% | $40.4M | $56.7M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4579 | +0.066% | $30.3M | $31.3M | 75x | as long as short |
| BingX WLD-USDC | +0.0100% | 8h | 0.4579 | +0.066% | — | $1.3M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4582 | +0.122% | $133K | $300K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4559 | −0.378% | $2.1M | $1.7M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4558 | −0.387% | $27K | $319K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4562 | −0.313% | $601K | $2.0M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4558 | −0.393% | $49K | $240K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4578 | +0.039% | $52K | $2.4M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4585 | +0.197% | $23K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4580 | +0.087% | $212 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4574 | −0.044% | $837K | $1.7M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4577 | +0.022% | $1.8M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4578 | +0.048% | $211K | $1.0M | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4581 | +0.098% | $31K | $500 | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4575 | −0.027% | — | — | 20x | as long as short |
| Phoenix WLD | +0.0142% | 1h | 0.4560 | −0.343% | $5K | $52K | 10x | as long as short |
| Lighter WLDshort | +0.0160% | 1h | 0.4585 | +0.192% | $5.0M | $2.9M | 10x | |
| Injective WLD/USDC PERP | +0.0176% | 1h | 0.4544 | −0.699% | $6K | $185K | 5.5x | as long as short |
| Deribit WLD_USDC-PERPETUAL | +0.0187% | 1h | 0.4581 | +0.109% | $152K | $1.0M | 25x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0219% / S −0.0967% | 1h | 0.4578 | +0.042% | $4K | — | 100x | as long as short |
| BloFin WLD-USDTlong | +0.0220% | 8h | 0.4576 | long leg | $4.8M | $923K | 75x | |
| Hyperliquid WLD | +0.0353% | 1h | 0.4586 | +0.225% | $50.0M | $44.6M | 10x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0495% | 1h | 0.4580 | +0.097% | $867K | $2.9M | 50x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0536% | 1h | 0.4582 | +0.131% | $276K | $1.7M | 50x | as long as short |
Bybit WLDUSDT
OKX WLD-USDT-SWAP
Gate WLD_USDT
MEXC WLD_USDT
Bitget WLDUSDT
BingX WLD-USDC
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
Reya WLDRUSDPERP
Phoenix WLD
Injective WLD/USDC PERP
Deribit WLD_USDC-PERPETUAL
GMX WLD/USD [ETH-USDC]
Hyperliquid WLD
Kraken Futures PF_WLDUSD
Coinbase International WLD-PERP-INTX