WLD

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0091%/8h= −10.0% APRnext payment −$0.11 per $10,000 · paid last 24h +0.057%

Price spread now: Lighter against GMX+0.441%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on GMX Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 3 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

The price spread pays, funding is against you. Lighter is 0.441% dearer against GMX than usual: you sell high and buy low (spread +0.441% now, against zero (this spread has no 7-day history yet)): +$44 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 16 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX WLD/USD [ETH-USDC]	0.4526	L +0.0219% / S −0.0967%	pay 0.0027% / 1h	26m 44s	$4K	—	100x
Short	Lighter WLD	0.4546	0.0128	get 0.0016% / 1h	26m 44s	$4.9M	$2.9M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against GMX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee GMXbpFee LighterbpOrdersPrice spread, now +0.441%Rate

Funding earned: −$19.11
Price spread: +0.441% → 0.000%: $44.15
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Lighter: 0 bp × 2 orders: $0
Net: $13.04
Costs to cover: 0.120%
Break-even: from the start

Slippage unknown: GMX: no order-book sample; Lighter: live order book, 11 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 GMX no order-book sample	—	—	—	—	—
Sell Lighter live order book, 11 min ago	5.74 bp	6.6 bp −$7	27.1 bp −$271	doesn't fit	doesn't fit

GMX: 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
dYdX WLD-USD	0.0000%	1h	0.4520	−0.130%	$154K	$33K	10x	as long as short
Kalshi KXWLDPERP	0.0000%	8h	0.4525	−0.014%	$55K	$4.7M	1.7x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4511	−0.323%	$65K	—	150x	as long as short
Nado WLD-PERP	+0.0015%	1h	0.4521	−0.102%	$238K	$169K	5x	as long as short
KuCoin WLDUSDTM	+0.0090%	8h	0.4528	+0.053%	$6.7M	$11.8M	50x	as long as short
Orderly PERP_WLD_USDC	+0.0099%	8h	0.4526	+0.008%	$27K	$780K	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4531	+0.120%	$226K	$1.1M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4522	−0.084%	$50K	$537K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4532	+0.138%	$86.3M	$337.9M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4531	+0.119%	$64.6M	$90.6M	50x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4534	+0.185%	$34.3M	$153.7M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4527	+0.030%	$7.1M	$36.3M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4530	+0.097%	$40.3M	$57.4M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4535	+0.207%	$29.9M	$31.1M	75x	as long as short
BingX WLD-USDT	+0.0100%	8h	0.4531	+0.119%	—	$69.9M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4528	+0.044%	$134K	$296K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4516	−0.219%	$2.0M	$1.6M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4518	−0.163%	$27K	$319K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4519	−0.145%	$604K	$2.1M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4518	−0.168%	$48K	$239K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4525	−0.023%	$47K	$2.6M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4528	+0.053%	$23K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4526	+0.008%	$222	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4520	−0.124%	$826K	$1.7M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4529	+0.075%	$1.8M	$3.6M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4529	+0.073%	$208K	$1.0M	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4528	+0.059%	$31K	$500	3x	as long as short
Lighter WLDshort	+0.0128%	1h	0.4546	+0.441%	$4.9M	$2.9M	10x
Injective WLD/USDC PERP	+0.0132%	1h	0.4581	+1.224%	$6K	$185K	5.5x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4512	−0.295%	—	—	20x	as long as short
01 Exchange WLDUSD	+0.0136%	1h	0.4523	−0.062%	$324	$55	5x	as long as short
Phoenix WLD	+0.0158%	1h	0.4516	−0.213%	$5K	$44K	10x	as long as short
GMX WLD/USD [ETH-USDC]long	L +0.0219% / S −0.0967%	1h	0.4526	long leg	$4K	—	100x
BloFin WLD-USDT	+0.0220%	8h	0.4527	+0.030%	$4.8M	$921K	75x	as long as short
Deribit WLD_USDC-PERPETUAL	+0.0413%	1h	0.4528	+0.053%	$150K	$961K	25x	as long as short
Coinbase International WLD-PERP-INTX	+0.0488%	1h	0.4522	−0.080%	$272K	$1.6M	50x	as long as short
Hyperliquid WLD	+0.0580%	1h	0.4539	+0.293%	$49.7M	$44.3M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.1046%	1h	0.4527	+0.034%	$869K	$2.9M	50x	as long as short