Funding you earn now, next payment 08:00 UTC−0.0044%/8h= −4.8% APRnext payment −$0.06 per $10,000 · paid last 24h −0.086%
Price spread now: Pacifica against Lighter−0.218%7-day average −0.104% · you buy dearer than you sell
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$370.374% of the position
Funding, last 7 days−0.089%−$9 on $10k
+Price spread, last 4 days (all we have)+0.105%+$10 · spread now −0.218%, 7d avg −0.104%
=Together, before fees+0.015%+ Points / potential airdropLighter: Season 3 · Pacifica: Active · farm board+$2 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Pacifica is 0.114% cheaper against Lighter than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.104%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter WLD | 0.4496 | 0.0144 | pay 0.0018% / 1h | 20m 02s | $4.9M | $2.9M | 10x |
| Short | Pacifica WLD | 0.4486 | 0.0100 | get 0.0013% / 1h | 20m 02s | $53K | $542K | 5x |
Lighter WLD
Pacifica WLDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica 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
- −$9.24
- Price spread: −0.218% → −0.104%
- −$11.43
- Slippage, 4 orders
- −$29.42
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$58.09
- Costs to cover
- 0.374%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 13 min ago; Pacifica: live order book, 19 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 Lighter live order book, 13 min ago | 3.11 bp | 7.5 bp −$8 | 41.9 bp −$419 | doesn't fit | doesn't fit |
| Sell Pacifica live order book, 19 min ago | 3.31 bp | 11.6 bp −$12 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective WLD/USDC PERP | −0.0309% | 1h | 0.4531 | +0.772% | $6K | $185K | 5.5x | as long as short |
| Nado WLD-PERP | −0.0030% | 1h | 0.4486 | −0.240% | $234K | $175K | 5x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4485 | −0.259% | $153K | $32K | 10x | as long as short |
| Kalshi KXWLDPERP | 0.0000% | 8h | 0.4484 | −0.274% | $64K | $4.6M | 1.7x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4490 | −0.140% | $135K | $986K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4495 | −0.033% | $65K | — | 150x | as long as short |
| Orderly PERP_WLD_USDC | +0.0099% | 8h | 0.4488 | −0.185% | $27K | $688K | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4496 | −0.016% | $227K | $1.0M | 50x | as long as short |
| Pacifica WLDshort | +0.0100% | 1h | 0.4486 | −0.218% | $53K | $542K | 5x | |
| Binance WLDUSDT | +0.0100% | 8h | 0.4496 | 0.000% | $86.1M | $334.4M | 75x | as long as short |
Injective WLD/USDC PERP
Nado WLD-PERP
dYdX WLD-USD
Kalshi KXWLDPERP
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
Orderly PERP_WLD_USDC
Aster WLDUSDT
Binance WLDUSDTShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit WLDUSDT | +0.0100% | 8h | 0.4497 | +0.016% | $63.6M | $89.9M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4500 | +0.082% | $33.9M | $150.9M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4493 | −0.073% | $7.0M | $35.9M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4496 | −0.007% | $40.9M | $56.8M | 300x | as long as short |
| KuCoin WLDUSDTM | +0.0100% | 8h | 0.4488 | −0.185% | $6.6M | $11.6M | 50x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4501 | +0.105% | $29.8M | $31.0M | 75x | as long as short |
| BingX WLD-USDC | +0.0100% | 8h | 0.4495 | −0.029% | — | $1.3M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4497 | +0.018% | $131K | $299K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4481 | −0.347% | $2.0M | $1.5M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4485 | −0.247% | $27K | $320K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4488 | −0.185% | $597K | $2.0M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4490 | −0.140% | $48K | $238K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4488 | −0.187% | $49K | $2.7M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4493 | −0.073% | $22K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4490 | −0.140% | $222 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4479 | −0.385% | $819K | $1.5M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4491 | −0.118% | $1.7M | $3.6M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4499 | +0.056% | $207K | $880K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4490 | −0.140% | $30K | $500 | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4486 | −0.234% | — | — | 20x | as long as short |
| Lighter WLDlong | +0.0144% | 1h | 0.4496 | long leg | $4.9M | $2.9M | 10x | |
| Phoenix WLD | +0.0177% | 1h | 0.4491 | −0.111% | $4K | $43K | 10x | as long as short |
| 01 Exchange WLDUSD | +0.0208% | 1h | 0.4490 | −0.131% | $321 | $55 | 5x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0219% / S −0.0967% | 1h | 0.4494 | −0.047% | $4K | — | 100x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4483 | −0.296% | $4.8M | $904K | 75x | as long as short |
| Hyperliquid WLD | +0.0388% | 1h | 0.4502 | +0.125% | $50.0M | $43.2M | 10x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0448% | 1h | 0.4493 | −0.073% | $268K | $1.6M | 50x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0460% | 1h | 0.4493 | −0.078% | $860K | $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-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
01 Exchange WLDUSD
GMX WLD/USD [ETH-USDC]
BloFin WLD-USDT
Hyperliquid WLD
Coinbase International WLD-PERP-INTX
Kraken Futures PF_WLDUSD