Funding you earn now, next payment 09:00 UTC−0.0056%/8h= −6.1% APRnext payment −$0.07 per $10,000 · paid last 24h −0.089%
Price spread now: Extended against Lighter−0.210%7-day average −0.185% · you buy dearer than you sell
Net, funding: paid 7d − costs+$4as in the Funding arb table
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$170.168% of the position
Funding, last 7 days+0.204%+$20 on $10k
+Price spread, last 4 days (all we have)−0.113%−$11 · spread now −0.210%, 7d avg −0.185%
=Together, before fees+0.091%+ Points / potential airdropLighter: Season 3 · Extended: Active · farm board+$9 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Extended is 0.024% cheaper against Lighter than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.185%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.204%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter WLD | 0.4483 | 0.0160 | pay 0.0020% / 1h | 30m 44s | $4.9M | $2.9M | 10x |
| Short | Extended WLD-USD | 0.4474 | 0.0104 | get 0.0013% / 1h | 30m 44s | $206K | $876K | 10x |
Lighter WLD
Extended WLD-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$11.76
- Price spread: −0.210% → −0.185%
- −$2.45
- Slippage, 4 orders
- −$11.82
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$31.03
- Costs to cover
- 0.168%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 7 min ago; Extended: live order book, 27 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, 7 min ago | 2.77 bp | 3.9 bp −$4 | 22.5 bp −$225 | doesn't fit | doesn't fit |
| Sell Extended live order book, 27 min ago | 2.21 bp | 4.8 bp −$5 | 12.2 bp −$122 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Nado WLD-PERP | −0.0006% | 1h | 0.4480 | −0.071% | $232K | $175K | 5x | as long as short |
| Kalshi KXWLDPERP | 0.0000% | 8h | 0.4482 | −0.027% | $42K | $4.6M | 1.7x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4481 | −0.049% | $115K | $1.0M | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4481 | −0.052% | $65K | — | 150x | as long as short |
| Bybit WLDUSDT | +0.0038% | 8h | 0.4475 | −0.183% | $63.2M | $89.1M | 50x | as long as short |
| Orderly PERP_WLD_USDC | +0.0099% | 8h | 0.4480 | −0.071% | $27K | $585K | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4479 | −0.103% | $225K | $1.0M | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4483 | −0.008% | $54K | $542K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4478 | −0.116% | $85.7M | $333.6M | 75x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4475 | −0.183% | $33.9M | $148.4M | 50x | as long as short |
Nado WLD-PERP
Kalshi KXWLDPERP
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
Bybit WLDUSDT
Orderly PERP_WLD_USDC
Aster WLDUSDT
Pacifica WLD
Binance WLDUSDT
OKX WLD-USDT-SWAPShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate WLD_USDT | +0.0100% | 8h | 0.4475 | −0.183% | $7.0M | $34.7M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4476 | −0.161% | $40.9M | $56.4M | 300x | as long as short |
| KuCoin WLDUSDTM | +0.0100% | 8h | 0.4474 | −0.205% | $6.6M | $11.6M | 50x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4474 | −0.205% | $29.4M | $31.1M | 75x | as long as short |
| BingX WLD-USDT | +0.0100% | 8h | 0.4476 | −0.161% | — | $20.3M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4481 | −0.056% | $129K | $297K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4480 | −0.077% | $2.1M | $1.5M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4488 | +0.109% | $27K | $322K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4504 | +0.464% | $600K | $2.1M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4486 | +0.062% | $48K | $237K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4483 | −0.004% | $49K | $2.7M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4485 | +0.040% | $22K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4480 | −0.071% | $215 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4478 | −0.116% | $821K | $1.4M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4483 | −0.004% | $1.7M | $3.6M | 50x | as long as short |
| Extended WLD-USDshort | +0.0104% | 1h | 0.4474 | −0.210% | $206K | $876K | 10x | |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4485 | +0.040% | $30K | $500 | 3x | as long as short |
| Injective WLD/USDC PERP | +0.0109% | 1h | 0.4508 | +0.553% | $6K | $185K | 5.5x | as long as short |
| Hyperliquid WLD | +0.0120% | 1h | 0.4480 | −0.069% | $49.6M | $43.1M | 10x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4479 | −0.087% | — | — | 20x | as long as short |
| Lighter WLDlong | +0.0160% | 1h | 0.4483 | long leg | $4.9M | $2.9M | 10x | |
| 01 Exchange WLDUSD | +0.0168% | 1h | 0.4485 | +0.045% | $321 | $55 | 5x | as long as short |
| dYdX WLD-USD | +0.0174% | 1h | 0.4483 | +0.002% | $153K | $31K | 10x | as long as short |
| Phoenix WLD | +0.0194% | 1h | 0.4487 | +0.078% | $4K | $44K | 10x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0219% / S −0.0967% | 1h | 0.4480 | −0.068% | $4K | — | 100x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4485 | +0.040% | $4.4M | $925K | 75x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0306% | 1h | 0.4481 | −0.043% | $889K | $2.8M | 50x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0440% | 1h | 0.4489 | +0.129% | $266K | $1.6M | 50x | as long as short |
Gate WLD_USDT
MEXC WLD_USDT
KuCoin WLDUSDTM
Bitget WLDUSDT
BingX WLD-USDT
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
Aevo WLD-PERP
Injective WLD/USDC PERP
Hyperliquid WLD
Reya WLDRUSDPERP
01 Exchange WLDUSD
dYdX WLD-USD
Phoenix WLD
GMX WLD/USD [ETH-USDC]
BloFin WLD-USDT
Kraken Futures PF_WLDUSD
Coinbase International WLD-PERP-INTX