Funding you earn now, next payment 03:00 UTC−0.0508%/8h= −55.6% APRpaid last 24h −0.076%
Price spread now: BingX against Lighter−0.065%7-day average — · you buy dearer than you sell
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$330.334% of the position
Funding, last 7 days−0.086%−$9 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and BingX is 0.065% cheaper against Lighter than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.086% in total (about -4.5% 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 | Lighter WLD | 0.4645 | 0.0608 | pay 0.0076% / 1h | 57m 02s | $5.3M | $2.1M | 10x |
| Short | BingX WLD-USDT | 0.4642 | 0.0100 | get 0.0100% / 8h | 5h 57m | — | $67.2M | — |
Lighter WLD
BingX WLD-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- −$106.68
- Price spread: −0.065% → 0.000%
- −$6.46
- Slippage, 4 orders
- −$23.44
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$146.58
- Costs to cover
- 0.334%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 6 min ago; BingX: live order book, 12 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, 6 min ago | 7.03 bp | 12.6 bp −$13 | 34.5 bp −$345 | doesn't fit | doesn't fit |
| Sell BingX live order book, 12 min ago | 1.07 bp | 6.1 bp −$6 | 9.7 bp −$97 | 28.0 bp −$2,802 | 103.8 bp −$51.9K |
WLD on 37 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 | −0.0136% | 8h | 0.4632 | −0.280% | $61K | $4.4M | 1.7x | as long as short |
| KuCoin WLDUSDTM | −0.0036% | 8h | 0.4641 | −0.086% | $7.1M | $11.5M | 50x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4633 | −0.253% | $165K | $26K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4637 | −0.172% | $120K | $923K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4636 | −0.194% | $56K | — | 150x | as long as short |
| Orderly PERP_WLD_USDC | +0.0067% | 8h | 0.4636 | −0.194% | $28K | $895K | 10x | as long as short |
| Phoenix WLD | +0.0068% | 1h | 0.4670 | +0.545% | $5K | $54K | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4640 | −0.113% | $178K | $1.0M | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4637 | −0.171% | $51K | $510K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4654 | +0.190% | $88.6M | $323.2M | 75x | as long as short |
Kalshi KXWLDPERP
KuCoin WLDUSDTM
dYdX WLD-USD
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
Orderly PERP_WLD_USDC
Phoenix WLD
Aster WLDUSDT
Pacifica WLD
Binance WLDUSDTShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit WLDUSDT | +0.0100% | 8h | 0.4652 | +0.151% | $66.6M | $87.2M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4653 | +0.172% | $35.1M | $149.6M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4638 | −0.151% | $7.3M | $36.3M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4644 | −0.022% | $45.6M | $54.0M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4653 | +0.172% | $30.9M | $29.2M | 75x | as long as short |
| BingX WLD-USDTshort | +0.0100% | 8h | 0.4642 | −0.065% | — | $67.2M | — | |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4645 | −0.009% | $136K | $285K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4667 | +0.467% | $2.1M | $1.7M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4669 | +0.522% | $28K | $319K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4667 | +0.474% | $616K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4658 | +0.280% | $51K | $236K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4633 | −0.260% | $65K | $2.0M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4640 | −0.108% | $23K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4634 | −0.237% | $294 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4634 | −0.237% | $847K | $1.9M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4636 | −0.194% | $1.8M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4651 | +0.127% | $214K | $887K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4638 | −0.144% | $31K | $600 | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4630 | −0.328% | — | — | 20x | as long as short |
| Nado WLD-PERP | +0.0165% | 1h | 0.4633 | −0.248% | $269K | $187K | 5x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0230% / S −0.1268% | 1h | 0.4637 | −0.165% | $5K | — | 100x | as long as short |
| 01 Exchange WLDUSD | +0.0272% | 1h | 0.4636 | −0.205% | $332 | $80 | 5x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0480% | 1h | 0.4660 | +0.323% | $276K | $1.7M | 50x | as long as short |
| Hyperliquid WLD | +0.0550% | 1h | 0.4648 | +0.060% | $51.7M | $43.4M | 10x | as long as short |
| Lighter WLDlong | +0.0608% | 1h | 0.4645 | long leg | $5.3M | $2.1M | 10x | |
| Injective WLD/USDC PERP | +0.0677% | 1h | 0.4650 | +0.108% | $6K | $185K | 5.5x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0893% | 1h | 0.4639 | −0.138% | $901K | $2.9M | 50x | as long as short |
Bybit WLDUSDT
OKX WLD-USDT-SWAP
Gate WLD_USDT
MEXC WLD_USDT
Bitget WLDUSDT
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
Nado WLD-PERP
GMX WLD/USD [ETH-USDC]
01 Exchange WLDUSD
Coinbase International WLD-PERP-INTX
Hyperliquid WLD
Injective WLD/USDC PERP
Kraken Futures PF_WLDUSD