WLD

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0871%/8h= +95.4% APRnext payment +$1.09 per $10,000 · paid last 24h +0.257%

Price spread now: GMX against Lighter−0.048%7-day average — · you buy dearer than you sell

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

Long on Lighter Short on GMX

What this pair did over the last

the charts below follow

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

Funding pays, the price is against you. GMX is 0.048% cheaper against Lighter than usual: you would sell low and buy high (spread −0.048% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 4 hours of funding at the current rate (+$26 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter WLD	0.4468	0.0096	pay 0.0012% / 1h	47m 37s	$4.8M	$3.0M	10x
Short	GMX WLD/USD [ETH-USDC]	0.4466	L +0.0218% / S −0.0967%	get 0.0121% / 1h	47m 37s	$4K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Lighter. 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 LighterbpFee GMXbpOrdersPrice spread, now −0.048%Rate

Funding earned: $182.93
Price spread: −0.048% → 0.000%: −$4.79
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee GMX: 6 bp × 2 orders: −$12
Net: $166.14
Costs to cover: 0.120%
Break-even: 0.6 days

Slippage unknown: Lighter: live order book, 3 min ago; GMX: 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	2.02 bp	5.9 bp −$6	25.1 bp −$251	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

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 exchanges

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
Kraken Futures PF_WLDUSD	−0.0193%	1h	0.4466	−0.039%	$855K	$2.6M	50x	as long as short
Bybit WLDUSDT	−0.0141%	8h	0.4460	−0.177%	$63.7M	$84.9M	50x	as long as short
Nado WLD-PERP	−0.0141%	1h	0.4456	−0.266%	$234K	$159K	5x	as long as short
Polymarket Perps WLD-USD	−0.0121%	1h	0.4456	−0.266%	$48K	$2.6M	10x	as long as short
Gate WLD_USDT	−0.0092%	8h	0.4460	−0.177%	$7.0M	$31.2M	75x	as long as short
01 Exchange WLDUSD	−0.0064%	1h	0.4460	−0.172%	$319	$55	5x	as long as short
Kalshi KXWLDPERP	0.0000%	8h	0.4463	−0.110%	$67K	$4.2M	1.7x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4463	−0.110%	$101K	$1.1M	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4463	−0.119%	$65K	—	150x	as long as short
Injective WLD/USDC PERP	+0.0007%	1h	0.4477	+0.204%	$6K	$185K	5.5x	as long as short

Show all 38 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX WLD-USD	+0.0009%	1h	0.4460	−0.180%	$152K	$31K	10x	as long as short
Phoenix WLD	+0.0053%	1h	0.4456	−0.255%	$4K	$40K	10x	as long as short
KuCoin WLDUSDTM	+0.0059%	8h	0.4463	−0.110%	$6.6M	$10.4M	50x	as long as short
Variational Omni WLD	+0.0080%	8h	0.4450	−0.392%	$2.0M	$1.4M	—	as long as short
Orderly PERP_WLD_USDC	+0.0088%	8h	0.4462	−0.132%	$27K	$334K	10x	as long as short
Lighter WLDlong	+0.0096%	1h	0.4468	long leg	$4.8M	$3.0M	10x
Hyperliquid WLD	+0.0100%	1h	0.4468	−0.004%	$49.4M	$28.9M	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4464	−0.098%	$210K	$884K	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4464	−0.087%	$58K	$501K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4462	−0.132%	$84.7M	$313.0M	75x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4461	−0.154%	$33.9M	$141.1M	50x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4463	−0.110%	$41.9M	$54.5M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4459	−0.199%	$29.3M	$28.7M	75x	as long as short
BingX WLD-USDC	+0.0100%	8h	0.4462	−0.132%	—	$1.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4467	−0.027%	$129K	$275K	10x	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4454	−0.306%	$27K	$322K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4471	+0.069%	$593K	$2.2M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4455	−0.289%	$59K	$242K	50x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4466	−0.043%	$22K	$1.4M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4464	−0.087%	$231	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4455	−0.289%	$817K	$1.2M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4466	−0.043%	$1.7M	$3.5M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4459	−0.210%	$210K	$659K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4465	−0.066%	$30K	$500	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4450	−0.391%	—	—	20x	as long as short
GMX WLD/USD [ETH-USDC]short	L +0.0218% / S −0.0967%	1h	0.4466	−0.048%	$4K	—	100x
BloFin WLD-USDT	+0.0220%	8h	0.4453	−0.333%	$4.8M	$912K	75x	as long as short
Coinbase International WLD-PERP-INTX	+0.0344%	1h	0.4463	−0.110%	$272K	$968K	50x	as long as short