Funding you earn now, next payment 07:00 UTC−0.0109%/8h= −12.0% APRnext payment −$0.14 per $10,000 · paid last 24h −0.115%
Price spread now: gTrade (Gains Network) against Lighter−0.133%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.133% cheaper against Lighter than usual: you would sell low and buy high (−$13 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter WLD | 0.4517 | 0.0112 | pay 0.0014% / 1h | 27m 56s | $4.9M | $2.9M | 10x |
| Short | gTrade (Gains Network) WLD/USD | 0.4511 | L +0.0003% / S −0.0003% | get 0.0000% / 1h | 27m 56s | $65K | — | 150x |
Lighter WLD
gTrade (Gains Network) WLD/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) 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
- −$22.94
- Price spread: −0.133% → 0.000%
- −$13.28
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$46.23
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Lighter: live order book, 10 min ago; gTrade (Gains Network): no order-book sample. 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 Lighter live order book, 10 min ago | 5.74 bp | 8.6 bp −$9 | 31.0 bp −$310 | doesn't fit | doesn't fit |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
gTrade (Gains Network): 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX WLD-USD | 0.0000% | 1h | 0.4516 | −0.028% | $154K | $33K | 10x | as long as short |
| Kalshi KXWLDPERP | 0.0000% | 8h | 0.4520 | +0.066% | $55K | $4.7M | 1.7x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4513 | −0.089% | $150K | $963K | 25x | as long as short |
| gTrade (Gains Network) WLD/USDshort | L +0.0003% / S −0.0003% | 1h | 0.4511 | −0.133% | $65K | — | 150x | |
| Nado WLD-PERP | +0.0018% | 1h | 0.4508 | −0.199% | $237K | $169K | 5x | as long as short |
| KuCoin WLDUSDTM | +0.0090% | 8h | 0.4514 | −0.066% | $6.6M | $11.8M | 50x | as long as short |
| Orderly PERP_WLD_USDC | +0.0099% | 8h | 0.4510 | −0.155% | $27K | $785K | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4517 | −0.002% | $226K | $1.1M | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4512 | −0.111% | $50K | $537K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4517 | −0.002% | $86.1M | $338.2M | 75x | as long as short |
dYdX WLD-USD
Kalshi KXWLDPERP
Deribit WLD_USDC-PERPETUAL
Nado WLD-PERP
KuCoin WLDUSDTM
Orderly PERP_WLD_USDC
Aster WLDUSDT
Pacifica WLD
Binance WLDUSDTShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit WLDUSDT | +0.0100% | 8h | 0.4516 | −0.022% | $64.4M | $90.7M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4520 | +0.066% | $34.1M | $153.2M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4514 | −0.066% | $7.1M | $36.3M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4515 | −0.044% | $40.0M | $57.4M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4520 | +0.066% | $29.8M | $31.1M | 75x | as long as short |
| BingX WLD-USDT | +0.0100% | 8h | 0.4514 | −0.066% | — | $69.9M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4514 | −0.071% | $134K | $296K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4516 | −0.029% | $2.0M | $1.6M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4516 | −0.020% | $27K | $321K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4519 | +0.045% | $604K | $2.1M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4521 | +0.089% | $48K | $239K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4509 | −0.184% | $47K | $2.6M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4518 | +0.022% | $22K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4511 | −0.133% | $219 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4511 | −0.133% | $825K | $1.7M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4514 | −0.066% | $1.8M | $3.6M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4513 | −0.079% | $208K | $1.0M | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4513 | −0.089% | $31K | $500 | 3x | as long as short |
| Lighter WLDlong | +0.0112% | 1h | 0.4517 | long leg | $4.9M | $2.9M | 10x | |
| Injective WLD/USDC PERP | +0.0132% | 1h | 0.4581 | +1.417% | $6K | $185K | 5.5x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4512 | −0.104% | — | — | 20x | as long as short |
| 01 Exchange WLDUSD | +0.0136% | 1h | 0.4511 | −0.126% | $323 | $55 | 5x | as long as short |
| Phoenix WLD | +0.0158% | 1h | 0.4525 | +0.168% | $5K | $44K | 10x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0219% / S −0.0967% | 1h | 0.4511 | −0.126% | $4K | — | 100x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4515 | −0.044% | $4.8M | $917K | 75x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0488% | 1h | 0.4515 | −0.044% | $272K | $1.6M | 50x | as long as short |
| Hyperliquid WLD | +0.0575% | 1h | 0.4519 | +0.038% | $49.5M | $44.3M | 10x | as long as short |
| Kraken Futures PF_WLDUSD | +0.1049% | 1h | 0.4513 | −0.089% | $866K | $2.9M | 50x | as long as short |
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
ApeX Omni WLDUSDT
Polymarket Perps WLD-USD
SunX WLD-USDT
SoDEX WLD-USD
HTX WLD-USDT
Phemex WLDUSDT
Extended WLD-USD
Aevo WLD-PERP
Injective WLD/USDC PERP
Reya WLDRUSDPERP
01 Exchange WLDUSD
Phoenix WLD
GMX WLD/USD [ETH-USDC]
BloFin WLD-USDT
Coinbase International WLD-PERP-INTX
Hyperliquid WLD
Kraken Futures PF_WLDUSD