Funding you earn now, next payment 23:00 UTC+0.0932%/8h= +102.1% APRnext payment +$1.17 per $10,000 · paid last 24h +0.033%
Price spread now: Lighter against ApeX Omni+0.403%78s7-day average +0.065% · you sell dearer than you buy
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$470.471% of the position
Funding, last 7 days+0.036%+$4 on $10k
+Price spread, last 3 days (all we have)−0.564%−$56 · spread now +0.403%, 7d avg +0.065%
=Together, before fees−0.528%+ Points / potential airdropLighter: Season 3 · farm board−$53 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$28 a day on $10k at the current rate, and Lighter is 0.338% dearer against ApeX Omni than usual: you sell high and buy low: +$34 more if the spread goes back to its 7-day average of +0.065%. The two prices were read 78 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.036% in total (about 1.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.17 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 | ApeX Omni WLDUSDT | 0.4588 | 0.0100 | pay 0.0013% / 1h | 6m 02s | $55K | $227K | 50x |
| Short | Lighter WLD | 0.4607 | 0.1032 | get 0.0129% / 1h | 6m 02s | $5.2M | $2.1M | 10x |
ApeX Omni WLDUSDT
Lighter WLDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against ApeX Omni. 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
- $195.72
- Price spread: +0.403% → +0.065%
- $33.8
- Slippage, 4 orders
- −$37.13
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $182.39
- Costs to cover
- 0.471%
- Break-even
- 0.5 days
Slippage from ApeX Omni: live order book, 10 min ago; Lighter: live order book, 7 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 ApeX Omni live order book, 10 min ago | 7.66 bp | 15.5 bp −$15 | 97.7 bp −$977 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 7 min ago | 3.60 bp | 9.9 bp −$10 | 32.1 bp −$321 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kalshi KXWLDPERP | −0.0278% | 8h | 0.4593 | +0.109% | $61K | $3.8M | 1.7x | as long as short |
| Injective WLD/USDC PERP | −0.0079% | 1h | 0.4578 | −0.218% | $6K | $185K | 5.5x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4594 | +0.140% | $164K | $13K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4599 | +0.240% | $109K | $900K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4599 | +0.240% | $57K | — | 150x | as long as short |
| Orderly PERP_WLD_USDC | +0.0006% | 8h | 0.4598 | +0.218% | $28K | $911K | 10x | as long as short |
| KuCoin WLDUSDTM | +0.0009% | 8h | 0.4594 | +0.131% | $7.0M | $10.8M | 50x | as long as short |
| Nado WLD-PERP | +0.0048% | 1h | 0.4595 | +0.142% | $277K | $169K | 5x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4595 | +0.163% | $195K | $999K | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4597 | +0.189% | $53K | $481K | 5x | as long as short |
Kalshi KXWLDPERP
Injective WLD/USDC PERP
dYdX WLD-USD
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
Orderly PERP_WLD_USDC
KuCoin WLDUSDTM
Nado WLD-PERP
Aster WLDUSDT
Pacifica WLDShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance WLDUSDT | +0.0100% | 8h | 0.4597 | +0.192% | $86.9M | $297.3M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4596 | +0.174% | $65.8M | $82.0M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4594 | +0.131% | $34.4M | $142.0M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4596 | +0.174% | $7.5M | $35.4M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4595 | +0.153% | $49.5M | $52.3M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4596 | +0.174% | $30.4M | $25.6M | 75x | as long as short |
| BingX WLD-USDC | +0.0100% | 8h | 0.4596 | +0.174% | — | $1.3M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4598 | +0.211% | $130K | $269K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4571 | −0.373% | $2.1M | $1.6M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4572 | −0.359% | $27K | $315K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4591 | +0.073% | $617K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDTlong | +0.0100% | 1h | 0.4588 | long leg | $55K | $227K | 50x | |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4601 | +0.292% | $41K | $1.6M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4603 | +0.327% | $23K | $1.5M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4597 | +0.196% | $204 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4593 | +0.109% | $867K | $1.8M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4596 | +0.174% | $1.8M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4594 | +0.132% | $241K | $855K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4599 | +0.248% | $31K | $5K | 3x | as long as short |
| Phoenix WLD | +0.0124% | 1h | 0.4583 | −0.105% | $5K | $53K | 10x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4599 | +0.237% | — | — | 20x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0185% | 1h | 0.4601 | +0.278% | $919K | $2.6M | 50x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4592 | +0.087% | $4.9M | $816K | 75x | as long as short |
| 01 Exchange WLDUSD | +0.0248% | 1h | 0.4603 | +0.318% | $329 | $77 | 5x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0260% / S −0.2221% | 1h | 0.4599 | +0.234% | $9K | — | 100x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0424% | 1h | 0.4604 | +0.349% | $271K | $1.6M | 50x | as long as short |
| Hyperliquid WLD | +0.0676% | 1h | 0.4602 | +0.314% | $50.0M | $43.0M | 10x | as long as short |
| Lighter WLDshort | +0.1032% | 1h | 0.4607 | +0.403% | $5.2M | $2.1M | 10x |
Binance WLDUSDT
Bybit WLDUSDT
OKX WLD-USDT-SWAP
Gate WLD_USDT
MEXC WLD_USDT
Bitget WLDUSDT
BingX WLD-USDC
Backpack WLD_USDC_PERP
Variational Omni WLD
edgeX WLDUSDC
GRVT WLD_USDT_Perp
Polymarket Perps WLD-USD
SunX WLD-USDT
SoDEX WLD-USD
HTX WLD-USDT
Phemex WLDUSDT
Extended WLD-USD
Aevo WLD-PERP
Phoenix WLD
Reya WLDRUSDPERP
Kraken Futures PF_WLDUSD
BloFin WLD-USDT
01 Exchange WLDUSD
GMX WLD/USD [ETH-USDC]
Coinbase International WLD-PERP-INTX
Hyperliquid WLD