Funding you earn now, next payment 02:00 UTC+0.0800%/8h= +87.6% APRnext payment +$1.00 per $10,000 · paid last 24h +0.098%
Price spread now: Lighter against dYdX+0.217%7-day average +0.110% · you sell dearer than you buy
Net, funding: paid 7d − costs−$156as in the Funding arb table
Net, price: spread back to 7d avg − costs−$173as in the Price arb table
costs, in and out, $10k−$1841.838% of the position
Funding, last 7 days+0.273%+$27 on $10k
+Price spread, last 4 days (all we have)−0.067%−$7 · spread now +0.217%, 7d avg +0.110%
=Together, before fees+0.206%+ Points / potential airdropLighter: Season 3 · farm board+$21 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$24 a day on $10k at the current rate, and Lighter is 0.107% dearer against dYdX than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.110%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.273% in total (about 14.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.00 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 | dYdX WLD-USD | 0.4678 | 0 | get 0.0000% / 1h | 19m 31s | $167K | $26K | 10x |
| Short | Lighter WLD | 0.4688 | 0.0800 | get 0.0100% / 1h | 19m 31s | $5.3M | $2.1M | 10x |
dYdX WLD-USD
Lighter WLDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against dYdX. 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
- $168
- Price spread: +0.217% → +0.110%
- $10.66
- Slippage, 4 orders
- −$173.82
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$5.16
- Costs to cover
- 1.838%
- Break-even
- 7.2 days
Slippage from dYdX: live order book, 49 min ago; Lighter: live order book, 3 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 dYdX live order book, 49 min ago | 77.99 bp | 83.0 bp −$83 | 101.9 bp −$1,019 | 155.9 bp −$15.6K | 636.0 bp −$318.0K |
| Sell Lighter live order book, 3 min ago | 4.68 bp | 9.3 bp −$9 | 31.7 bp −$317 | doesn't fit | doesn't fit |
WLD on 37 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective WLD/USDC PERP | −0.0235% | 1h | 0.4615 | −1.338% | $6K | $185K | 5.5x | as long as short |
| Kalshi KXWLDPERP | −0.0147% | 8h | 0.4666 | −0.247% | $45K | $4.4M | 1.7x | as long as short |
| KuCoin WLDUSDTM | −0.0045% | 8h | 0.4685 | +0.159% | $7.1M | $11.5M | 50x | as long as short |
| Nado WLD-PERP | −0.0006% | 1h | 0.4688 | +0.223% | $272K | $189K | 5x | as long as short |
| dYdX WLD-USDlong | 0.0000% | 1h | 0.4678 | long leg | $167K | $26K | 10x | |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4667 | −0.226% | $121K | $917K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4684 | +0.136% | $56K | — | 150x | as long as short |
| Gate WLD_USDT | +0.0054% | 8h | 0.4683 | +0.116% | $7.3M | $37.8M | 75x | as long as short |
| Orderly PERP_WLD_USDC | +0.0060% | 8h | 0.4686 | +0.180% | $28K | $897K | 10x | as long as short |
| Phoenix WLD | +0.0068% | 1h | 0.4667 | −0.222% | $5K | $54K | 10x | as long as short |
Injective WLD/USDC PERP
Kalshi KXWLDPERP
KuCoin WLDUSDTM
Nado WLD-PERP
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
Gate WLD_USDT
Orderly PERP_WLD_USDC
Phoenix WLDShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster WLDUSDT | +0.0100% | 8h | 0.4683 | +0.112% | $179K | $1.0M | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4675 | −0.050% | $53K | $511K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4684 | +0.143% | $89.0M | $325.4M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4686 | +0.180% | $66.8M | $87.9M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4686 | +0.180% | $35.2M | $153.3M | 50x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4686 | +0.180% | $46.4M | $55.9M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4686 | +0.180% | $31.2M | $29.5M | 75x | as long as short |
| BingX WLD-USDC | +0.0100% | 8h | 0.4685 | +0.159% | — | $1.3M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4674 | −0.070% | $138K | $294K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4664 | −0.298% | $2.1M | $1.7M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4667 | −0.219% | $28K | $318K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4690 | +0.255% | $622K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4669 | −0.183% | $51K | $235K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4687 | +0.210% | $55K | $2.1M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4671 | −0.140% | $23K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4666 | −0.247% | $226 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4673 | −0.098% | $884K | $1.9M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4667 | −0.226% | $1.9M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4685 | +0.164% | $215K | $886K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4668 | −0.204% | $32K | $600 | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4684 | +0.131% | — | — | 20x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0230% / S −0.1268% | 1h | 0.4667 | −0.236% | $5K | — | 100x | as long as short |
| 01 Exchange WLDUSD | +0.0264% | 1h | 0.4691 | +0.294% | $336 | $77 | 5x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0456% | 1h | 0.4677 | −0.012% | $279K | $1.7M | 50x | as long as short |
| Hyperliquid WLD | +0.0559% | 1h | 0.4689 | +0.255% | $52.1M | $44.1M | 10x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0641% | 1h | 0.4669 | −0.189% | $910K | $2.9M | 50x | as long as short |
| Lighter WLDshort | +0.0800% | 1h | 0.4688 | +0.217% | $5.3M | $2.1M | 10x |
Aster WLDUSDT
Pacifica WLD
Binance WLDUSDT
Bybit WLDUSDT
OKX WLD-USDT-SWAP
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
GMX WLD/USD [ETH-USDC]
01 Exchange WLDUSD
Coinbase International WLD-PERP-INTX
Hyperliquid WLD
Kraken Futures PF_WLDUSD