Funding you earn now, next payment 08:00 UTC−0.0253%/8h= −27.7% APRnext payment −$0.32 per $10,000 · paid last 24h −0.116%
Price spread now: gTrade (Gains Network) against Lighter−0.137%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and gTrade (Gains Network) is 0.137% cheaper against Lighter than usual: you would sell low and buy high (−$14 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter WLD | 0.4522 | 0.0256 | pay 0.0032% / 1h | 5m 08s | $4.9M | $2.9M | 10x |
| Short | gTrade (Gains Network) WLD/USD | 0.4516 | L +0.0003% / S −0.0003% | get 0.0000% / 1h | 5m 08s | $65K | — | 150x |
Lighter WLD
gTrade (Gains Network) WLD/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) against Lighter. 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
- −$53.18
- Price spread: −0.137% → 0.000%
- −$13.71
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$76.89
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Lighter: live order book, 3 min ago; gTrade (Gains Network): no order-book sample. 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 Lighter live order book, 3 min ago | 2.65 bp | 5.7 bp −$6 | 29.4 bp −$294 | doesn't fit | doesn't fit |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
gTrade (Gains Network): 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective WLD/USDC PERP | −0.0309% | 1h | 0.4508 | −0.314% | $6K | $185K | 5.5x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4514 | −0.190% | $154K | $32K | 10x | as long as short |
| Kalshi KXWLDPERP | 0.0000% | 8h | 0.4513 | −0.203% | $51K | $4.6M | 1.7x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4517 | −0.115% | $135K | $986K | 25x | as long as short |
| Nado WLD-PERP | +0.0003% | 1h | 0.4513 | −0.192% | $234K | $175K | 5x | as long as short |
| gTrade (Gains Network) WLD/USDshort | L +0.0003% / S −0.0003% | 1h | 0.4516 | −0.137% | $65K | — | 150x | |
| Orderly PERP_WLD_USDC | +0.0099% | 8h | 0.4517 | −0.115% | $27K | $652K | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4517 | −0.105% | $228K | $1.0M | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4514 | −0.192% | $54K | $543K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4517 | −0.115% | $86.6M | $333.3M | 75x | as long as short |
Injective WLD/USDC PERP
dYdX WLD-USD
Kalshi KXWLDPERP
Deribit WLD_USDC-PERPETUAL
Nado WLD-PERP
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 | 0.4514 | −0.181% | $63.9M | $89.3M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4514 | −0.181% | $34.1M | $150.0M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4517 | −0.115% | $7.0M | $36.0M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4518 | −0.093% | $41.9M | $57.1M | 300x | as long as short |
| KuCoin WLDUSDTM | +0.0100% | 8h | 0.4515 | −0.159% | $6.6M | $11.6M | 50x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4518 | −0.093% | $29.9M | $30.9M | 75x | as long as short |
| BingX WLD-USDT | +0.0100% | 8h | 0.4517 | −0.115% | — | $20.1M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4518 | −0.082% | $131K | $298K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4509 | −0.294% | $2.1M | $1.5M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4515 | −0.167% | $27K | $321K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4518 | −0.093% | $606K | $2.1M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4515 | −0.159% | $48K | $238K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4518 | −0.102% | $49K | $2.7M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4522 | −0.004% | $23K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4517 | −0.115% | $222 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4514 | −0.181% | $826K | $1.5M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4515 | −0.159% | $1.7M | $3.6M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4513 | −0.195% | $208K | $878K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4518 | −0.093% | $31K | $500 | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4515 | −0.151% | — | — | 20x | as long as short |
| Phoenix WLD | +0.0177% | 1h | 0.4519 | −0.066% | $4K | $43K | 10x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0219% / S −0.0967% | 1h | 0.4515 | −0.148% | $4K | — | 100x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4514 | −0.181% | $4.8M | $896K | 75x | as long as short |
| 01 Exchange WLDUSD | +0.0224% | 1h | 0.4519 | −0.064% | $323 | $55 | 5x | as long as short |
| Lighter WLDlong | +0.0256% | 1h | 0.4522 | long leg | $4.9M | $2.9M | 10x | |
| Hyperliquid WLD | +0.0406% | 1h | 0.4524 | +0.040% | $50.3M | $43.0M | 10x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0448% | 1h | 0.4516 | −0.137% | $268K | $1.6M | 50x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0457% | 1h | 0.4518 | −0.090% | $869K | $2.8M | 50x | as long as short |
Bybit WLDUSDT
OKX WLD-USDT-SWAP
Gate WLD_USDT
MEXC WLD_USDT
KuCoin WLDUSDTM
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
Reya WLDRUSDPERP
Phoenix WLD
GMX WLD/USD [ETH-USDC]
BloFin WLD-USDT
01 Exchange WLDUSD
Hyperliquid WLD
Coinbase International WLD-PERP-INTX
Kraken Futures PF_WLDUSD