WLD

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0444%/8h= +48.6% APRnext payment +$0.56 per $10,000 · paid last 24h +0.239%

Price spread now: GMX against Lighter−0.086%7-day average — · you buy dearer than you sell

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

Long on Lighter Short on GMX

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

Funding pays, the price is against you. GMX is 0.086% cheaper against Lighter than usual: you would sell low and buy high (spread −0.086% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 16 hours of funding at the current rate (+$13 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter WLD	0.4555	0.0824	pay 0.0103% / 1h	20m 26s	$5.2M	$2.6M	10x
Short	GMX WLD/USD [ETH-USDC]	0.4551	L +0.0229% / S −0.1268%	get 0.0159% / 1h	20m 26s	$5K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Lighter. 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 LighterbpFee GMXbpOrdersPrice spread, now −0.086%Rate

Funding earned: $93.26
Price spread: −0.086% → 0.000%: −$8.63
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee GMX: 6 bp × 2 orders: −$12
Net: $72.64
Costs to cover: 0.120%
Break-even: 1.5 days

Slippage unknown: Lighter: live order book, 7 min ago; GMX: 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, 7 min ago	3.39 bp	7.0 bp −$7	29.7 bp −$297	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

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	−0.0028%	1h	0.4549	−0.134%	$241K	$205K	5x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4550	−0.119%	$155K	$33K	10x	as long as short
Kalshi KXWLDPERP	0.0000%	8h	0.4541	−0.310%	$81K	$4.7M	1.7x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4552	−0.072%	$66K	—	150x	as long as short
KuCoin WLDUSDTM	+0.0031%	8h	0.4550	−0.112%	$6.9M	$11.7M	50x	as long as short
Orderly PERP_WLD_USDC	+0.0100%	8h	0.4542	−0.288%	$28K	$868K	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4548	−0.158%	$209K	$1.1M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4549	−0.128%	$49K	$524K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4550	−0.121%	$86.7M	$330.9M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4550	−0.112%	$64.7M	$90.1M	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	0.4548	−0.156%	$34.3M	$151.4M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4552	−0.068%	$7.3M	$36.6M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4550	−0.112%	$40.3M	$55.2M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4550	−0.112%	$30.0M	$30.2M	75x	as long as short
BingX WLD-USDC	+0.0100%	8h	0.4550	−0.112%	—	$1.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4541	−0.314%	$134K	$304K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4540	−0.338%	$2.1M	$1.7M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4532	−0.509%	$27K	$319K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4542	−0.280%	$601K	$2.0M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4533	−0.485%	$43K	$238K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4548	−0.145%	$39K	$2.1M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4547	−0.178%	$23K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4541	−0.310%	$207	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4539	−0.353%	$830K	$1.8M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4540	−0.331%	$1.8M	$3.6M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4551	−0.095%	$216K	$984K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4542	−0.288%	$31K	$600	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4549	−0.139%	—	—	20x	as long as short
Injective WLD/USDC PERP	+0.0142%	1h	0.4576	+0.459%	$6K	$185K	5.5x	as long as short
Phoenix WLD	+0.0157%	1h	0.4526	−0.639%	$5K	$52K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	+0.0190%	1h	0.4543	−0.266%	$122K	$981K	25x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4537	−0.397%	$4.9M	$881K	75x	as long as short
GMX WLD/USD [ETH-USDC]short	L +0.0229% / S −0.1268%	1h	0.4551	−0.086%	$5K	—	100x
01 Exchange WLDUSD	+0.0288%	1h	0.4556	+0.020%	$326	$55	5x	as long as short
Hyperliquid WLD	+0.0366%	1h	0.4556	+0.015%	$50.0M	$43.4M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.0522%	1h	0.4546	−0.208%	$882K	$2.9M	50x	as long as short
Coinbase International WLD-PERP-INTX	+0.0560%	1h	0.4546	−0.200%	$267K	$1.6M	50x	as long as short
Lighter WLDlong	+0.0824%	1h	0.4555	long leg	$5.2M	$2.6M	10x