Funding you earn now, next payment 23:00 UTC+0.0676%/8h= +74.0% APRpaid last 24h +0.013%
Price spread now: Lighter against BloFin+0.332%60s7-day average +0.099% · you sell dearer than you buy
Net, funding: paid 7d − costs−$46as 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−$370.372% of the position
Funding, last 7 days−0.089%−$9 on $10k
+Price spread, last 3 days (all we have)−0.449%−$45 · spread now +0.332%, 7d avg +0.099%
=Together, before fees−0.538%+ Points / potential airdropLighter: Season 3 · farm board−$54 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$20 a day on $10k at the current rate, and Lighter is 0.233% dearer against BloFin than usual: you sell high and buy low: +$23 more if the spread goes back to its 7-day average of +0.099%. Mind the row above: over the last 7 days funding on this pair cost −0.089%, so the current rate has only just turned in your favour. The two prices were read 60 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 -0.089% in total (about -4.6% a year). A funding rate is set anew for every payment. 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 | BloFin WLD-USDT | 0.4551 | 0.0220 | pay 0.0220% / 8h | 1h 50m | $4.8M | $814K | 75x |
| Short | Lighter WLD | 0.4566 | 0.0896 | get 0.0112% / 1h | 50m 09s | $5.2M | $2.1M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against BloFin. 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
- $141.96
- Price spread: +0.332% → +0.099%
- $23.29
- Slippage, 4 orders
- −$25.24
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $128.01
- Costs to cover
- 0.372%
- Break-even
- 0.7 days
Slippage from BloFin: live order book, 3 min ago; Lighter: live order book, 3 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 BloFin live order book, 3 min ago | 2.20 bp | 10.1 bp −$10 | 13.9 bp −$139 | 38.7 bp −$3,869 | 129.1 bp −$64.5K |
| Sell Lighter live order book, 3 min ago | 1.10 bp | 5.0 bp −$5 | 32.7 bp −$327 | 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 | −0.0442% | 8h | 0.4559 | +0.176% | $44K | $3.8M | 1.7x | as long as short |
| Injective WLD/USDC PERP | −0.0079% | 1h | 0.4522 | −0.637% | $6K | $185K | 5.5x | as long as short |
| Orderly PERP_WLD_USDC | −0.0010% | 8h | 0.4555 | +0.088% | $28K | $915K | 10x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4557 | +0.134% | $155K | $6K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4556 | +0.110% | $120K | $897K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4554 | +0.072% | $57K | — | 150x | as long as short |
| KuCoin WLDUSDTM | +0.0008% | 8h | 0.4552 | +0.022% | $7.0M | $10.7M | 50x | as long as short |
| Variational Omni WLD | +0.0045% | 8h | 0.4543 | −0.173% | $2.1M | $1.6M | — | as long as short |
| Nado WLD-PERP | +0.0085% | 1h | 0.4557 | +0.132% | $274K | $169K | 5x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4554 | +0.057% | $213K | $973K | 50x | as long as short |
Show all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica WLD | +0.0100% | 1h | 0.4559 | +0.169% | $51K | $481K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4555 | +0.096% | $85.9M | $293.9M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4553 | +0.044% | $64.9M | $80.5M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4555 | +0.088% | $34.1M | $139.1M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4554 | +0.066% | $7.4M | $34.7M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4556 | +0.110% | $57.8M | $49.6M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4555 | +0.088% | $30.2M | $25.1M | 75x | as long as short |
| BingX WLD-USDT | +0.0100% | 8h | 0.4555 | +0.088% | — | $68.0M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4556 | +0.119% | $129K | $269K | 10x | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4550 | −0.014% | $27K | $315K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4557 | +0.132% | $611K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4549 | −0.044% | $55K | $227K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4554 | +0.075% | $46K | $1.7M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4560 | +0.198% | $23K | $1.5M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4555 | +0.088% | $202 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4548 | −0.066% | $859K | $1.8M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4554 | +0.066% | $1.8M | $3.8M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4553 | +0.044% | $133K | $745K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4557 | +0.127% | $31K | $5K | 3x | as long as short |
| Phoenix WLD | +0.0124% | 1h | 0.4556 | +0.116% | $5K | $53K | 10x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4553 | +0.048% | — | — | 20x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0187% | 1h | 0.4558 | +0.165% | $918K | $2.6M | 50x | as long as short |
| BloFin WLD-USDTlong | +0.0220% | 8h | 0.4551 | long leg | $4.8M | $814K | 75x | |
| GMX WLD/USD [ETH-USDC] | L +0.0257% / S −0.2185% | 1h | 0.4555 | +0.085% | $9K | — | 100x | as long as short |
| 01 Exchange WLDUSD | +0.0264% | 1h | 0.4560 | +0.196% | $326 | $77 | 5x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0424% | 1h | 0.4531 | −0.439% | $277K | $1.6M | 50x | as long as short |
| Lighter WLDshort | +0.0896% | 1h | 0.4566 | +0.332% | $5.2M | $2.1M | 10x | |
| Hyperliquid WLD | +0.1193% | 1h | 0.4567 | +0.341% | $49.1M | $42.5M | 10x | as long as short |
BloFin WLD-USDT
Lighter WLD
Kalshi KXWLDPERP
Injective WLD/USDC PERP
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
KuCoin WLDUSDTM
Variational Omni WLD
Aster WLDUSDT
Pacifica WLD
Binance WLDUSDT
Bybit WLDUSDT
OKX WLD-USDT-SWAP
Gate WLD_USDT
MEXC WLD_USDT
Bitget WLDUSDT
BingX WLD-USDT
Backpack WLD_USDC_PERP
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
Phoenix WLD
Kraken Futures PF_WLDUSD
GMX WLD/USD [ETH-USDC]
01 Exchange WLDUSD
Coinbase International WLD-PERP-INTX
Hyperliquid WLD