Funding you earn now, next payment 02:00 UTC+0.1091%/8h= +119.5% APRnext payment +$1.36 per $10,000 · paid last 24h +0.048%
Price spread now: Lighter against Injective+0.201%96s7-day average −0.057% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.146%+$15 on $10k
+Price spread, last 3 days (all we have)−0.414%−$41 · spread now +0.201%, 7d avg −0.057%
=Together, before fees−0.268%+ Points / potential airdropLighter: Season 3 · farm board−$27 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$33 a day on $10k at the current rate, and Lighter is 0.258% dearer against Injective than usual: you sell high and buy low: +$26 more if the spread goes back to its 7-day average of −0.057%. The two prices were read 96 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 0.146% in total (about 7.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.36 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 | Injective WLD/USDC PERP | 0.4675 | −0.0235 | get 0.0029% / 1h | 45m 28s | $6K | $185K | 5.5x |
| Short | Lighter WLD | 0.4684 | 0.0856 | get 0.0107% / 1h | 45m 28s | $5.3M | $2.1M | 10x |
Injective WLD/USDC PERP
Lighter WLDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Injective. 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
- $229.13
- Price spread: +0.201% → −0.057%
- $25.84
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $254.95
- Costs to cover
- 0.000%
- Break-even
- from the start
Slippage unknown: Injective: live order book, 54 min ago; 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 Injective live order book, 54 min ago | 71.71 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 7 min ago | 7.19 bp | 8.0 bp −$8 | 42.9 bp −$429 | 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 PERPlong | −0.0235% | 1h | 0.4675 | long leg | $6K | $185K | 5.5x | |
| Kalshi KXWLDPERP | −0.0153% | 8h | 0.4686 | +0.235% | $28K | $4.2M | 1.7x | as long as short |
| KuCoin WLDUSDTM | −0.0036% | 8h | 0.4674 | −0.021% | $7.0M | $11.4M | 50x | as long as short |
| Nado WLD-PERP | −0.0006% | 1h | 0.4673 | −0.037% | $271K | $178K | 5x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4679 | +0.076% | $160K | $19K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4684 | +0.193% | $132K | $909K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4678 | +0.059% | $67K | — | 150x | as long as short |
| ApeX Omni WLDUSDT | +0.0029% | 1h | 0.4699 | +0.513% | $51K | $241K | 50x | as long as short |
| Orderly PERP_WLD_USDC | +0.0054% | 8h | 0.4677 | +0.043% | $28K | $898K | 10x | as long as short |
| Phoenix WLD | +0.0068% | 1h | 0.4686 | +0.233% | $5K | $54K | 10x | as long as short |
Kalshi KXWLDPERP
KuCoin WLDUSDTM
Nado WLD-PERP
dYdX WLD-USD
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
ApeX Omni WLDUSDT
Orderly PERP_WLD_USDC
Phoenix WLDShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster WLDUSDT | +0.0100% | 8h | 0.4678 | +0.068% | $179K | $1.0M | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4679 | +0.083% | $56K | $493K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4677 | +0.043% | $89.5M | $319.7M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4676 | +0.021% | $67.4M | $85.8M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4677 | +0.043% | $35.5M | $152.0M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4674 | −0.021% | $7.4M | $36.8M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4678 | +0.064% | $47.7M | $54.7M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4674 | −0.021% | $31.2M | $28.5M | 75x | as long as short |
| BingX WLD-USDT | +0.0100% | 8h | 0.4678 | +0.064% | — | $67.5M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4681 | +0.120% | $141K | $286K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4677 | +0.038% | $2.1M | $1.7M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4700 | +0.526% | $28K | $319K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4719 | +0.941% | $625K | $1.9M | 10x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4680 | +0.113% | $64K | $1.9M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4689 | +0.299% | $24K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4683 | +0.171% | $223 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4682 | +0.150% | $886K | $1.9M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4684 | +0.193% | $1.9M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4677 | +0.038% | $215K | $876K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4684 | +0.182% | $32K | $600 | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4674 | −0.026% | — | — | 20x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4719 | +0.941% | $5.0M | $878K | 75x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0239% / S −0.1538% | 1h | 0.4681 | +0.138% | $6K | — | 100x | as long as short |
| 01 Exchange WLDUSD | +0.0320% | 1h | 0.4683 | +0.173% | $335 | $77 | 5x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0456% | 1h | 0.4689 | +0.299% | $277K | $1.7M | 50x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0639% | 1h | 0.4686 | +0.233% | $930K | $2.8M | 50x | as long as short |
| Hyperliquid WLD | +0.0709% | 1h | 0.4683 | +0.182% | $52.4M | $44.5M | 10x | as long as short |
| Lighter WLDshort | +0.0856% | 1h | 0.4684 | +0.201% | $5.3M | $2.1M | 10x |
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
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
Reya WLDRUSDPERP
BloFin WLD-USDT
GMX WLD/USD [ETH-USDC]
01 Exchange WLDUSD
Coinbase International WLD-PERP-INTX
Kraken Futures PF_WLDUSD
Hyperliquid WLD