WLD

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0083%/8h= −9.1% APRnext payment −$0.10 per $10,000 · paid last 24h +0.057%

Price spread now: Lighter against GMX+0.063%7-day average — · you sell dearer than you buy

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

Long on GMX Short on Lighter

What this pair did over the last

the charts below follow

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

The price spread pays, funding is against you. Lighter is 0.063% dearer against GMX than usual: you sell high and buy low (spread +0.063% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.5 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX WLD/USD [ETH-USDC]	0.4525	L +0.0219% / S −0.0967%	pay 0.0027% / 1h	0m 30s	$4K	—	100x
Short	Lighter WLD	0.4528	0.0136	get 0.0017% / 1h	0m 30s	$4.9M	$2.9M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against GMX. 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 GMXbpFee LighterbpOrdersPrice spread, now +0.063%Rate

Funding earned: −$17.43
Price spread: +0.063% → 0.000%: $6.3
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Lighter: 0 bp × 2 orders: $0
Net: −$23.13
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; Lighter: live order book, 7 min ago. 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 GMX no order-book sample	—	—	—	—	—
Sell Lighter live order book, 7 min ago	2.32 bp	6.4 bp −$6	30.9 bp −$309	doesn't fit	doesn't fit

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 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
Nado WLD-PERP	−0.0019%	1h	0.4526	+0.034%	$236K	$170K	5x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4525	−0.006%	$154K	$32K	10x	as long as short
Kalshi KXWLDPERP	0.0000%	8h	0.4525	+0.001%	$57K	$4.7M	1.7x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4526	+0.023%	$150K	$954K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4526	+0.018%	$65K	—	150x	as long as short
Orderly PERP_WLD_USDC	+0.0098%	8h	0.4526	+0.023%	$27K	$736K	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4528	+0.068%	$226K	$1.1M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4523	−0.033%	$49K	$537K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4528	+0.068%	$86.5M	$334.7M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4530	+0.112%	$64.5M	$89.3M	50x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4530	+0.112%	$34.2M	$152.0M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4526	+0.023%	$7.1M	$36.4M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4531	+0.134%	$40.1M	$57.8M	300x	as long as short
KuCoin WLDUSDTM	+0.0100%	8h	0.4529	+0.090%	$6.7M	$11.7M	50x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4531	+0.134%	$30.0M	$30.8M	75x	as long as short
BingX WLD-USDC	+0.0100%	8h	0.4526	+0.023%	—	$1.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4526	+0.012%	$132K	$293K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4522	−0.072%	$2.1M	$1.6M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4529	+0.096%	$27K	$321K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4534	+0.200%	$597K	$2.1M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4531	+0.134%	$48K	$239K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4531	+0.131%	$46K	$2.6M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4531	+0.134%	$23K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4524	−0.021%	$215	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4523	−0.043%	$827K	$1.6M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4526	+0.023%	$1.8M	$3.6M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4527	+0.040%	$208K	$945K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4525	+0.006%	$31K	$500	3x	as long as short
Injective WLD/USDC PERP	+0.0132%	1h	0.4581	+1.239%	$6K	$185K	5.5x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4525	−0.004%	—	—	20x	as long as short
Lighter WLDshort	+0.0136%	1h	0.4528	+0.063%	$4.9M	$2.9M	10x
01 Exchange WLDUSD	+0.0144%	1h	0.4532	+0.149%	$324	$55	5x	as long as short
Phoenix WLD	+0.0158%	1h	0.4534	+0.196%	$5K	$44K	10x	as long as short
GMX WLD/USD [ETH-USDC]long	L +0.0219% / S −0.0967%	1h	0.4525	long leg	$4K	—	100x
BloFin WLD-USDT	+0.0220%	8h	0.4525	+0.001%	$3.8M	$916K	75x	as long as short
Coinbase International WLD-PERP-INTX	+0.0488%	1h	0.4532	+0.156%	$273K	$1.6M	50x	as long as short
Hyperliquid WLD	+0.0494%	1h	0.4537	+0.275%	$50.4M	$44.1M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.1046%	1h	0.4525	+0.001%	$875K	$2.8M	50x	as long as short