WLD

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0108%/8h= +11.9% APRnext payment +$0.14 per $10,000 · paid last 24h +0.086%

Price spread now: Lighter against Polymarket Perps+0.080%7-day average +0.121% · you sell dearer than you buy

Net, funding: paid 7d − costs−$9as in the Funding arb table

Net, price: spread back to 7d avg − costs−$30as in the Price arb table

costs, in and out, $10k−$260.258% of the position

Long on Polymarket Perps Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days+0.163%+$16 on $10k

Price spread, last 7 days−0.113%−$11 · spread now +0.080%, 7d avg +0.121%

Together, before fees+0.050%+ Points / potential airdropLighter: Season 3 · farm board+$5 on $10k · with fees, hour by hour

Funding pays, the price is against you. Lighter is 0.041% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread +0.080% now, against its 7-day average of +0.121%). If the spread goes back, that is −$4 on $10k: about 30 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps WLD-USD	0.4491	0.0044	pay 0.0005% / 1h	30m 13s	$45K	$2.4M	10x
Short	Lighter WLD	0.4494	0.0152	get 0.0019% / 1h	30m 13s	$4.9M	$2.9M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Polymarket Perps. 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 Polymarket PerpsbpFee LighterbpOrdersPrice spread, now +0.080%Rate

Funding earned: $22.76
Price spread: +0.080% → +0.121%: −$4.06
Slippage, 4 orders: −$17.78
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Lighter: 0 bp × 2 orders: $0
Net: −$7.07
Costs to cover: 0.258%
Break-even: 9.2 days

Slippage from Polymarket Perps: live order book, 4 min ago; Lighter: live order book, 8 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 Polymarket Perps live order book, 4 min ago	1.34 bp	6.2 bp −$6	16.9 bp −$169	doesn't fit	doesn't fit
Sell Lighter live order book, 8 min ago	2.44 bp	2.9 bp −$3	32.5 bp −$325	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	−0.0052%	1h	0.4492	+0.038%	$241K	$208K	5x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4489	−0.045%	$153K	$33K	10x	as long as short
Kalshi KXWLDPERP	0.0000%	8h	0.4489	−0.040%	$69K	$4.9M	1.7x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4488	−0.062%	$143K	$1.0M	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4491	+0.003%	$65K	—	150x	as long as short
Polymarket Perps WLD-USDlong	+0.0044%	1h	0.4491	long leg	$45K	$2.4M	10x
KuCoin WLDUSDTM	+0.0045%	8h	0.4488	−0.062%	$6.7M	$11.9M	50x	as long as short
01 Exchange WLDUSD	+0.0064%	1h	0.4491	−0.007%	$321	$55	5x	as long as short
Orderly PERP_WLD_USDC	+0.0098%	8h	0.4488	−0.062%	$28K	$818K	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4493	+0.042%	$224K	$1.1M	50x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica WLD	+0.0100%	1h	0.4489	−0.039%	$50K	$541K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4489	−0.032%	$85.4M	$339.3M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4487	−0.085%	$63.8M	$92.0M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4488	−0.062%	$33.8M	$153.1M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4490	−0.018%	$7.3M	$37.2M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4494	+0.071%	$38.5M	$55.7M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4488	−0.062%	$29.5M	$31.0M	75x	as long as short
BingX WLD-USDC	+0.0100%	8h	0.4490	−0.018%	—	$1.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4492	+0.024%	$133K	$305K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4489	−0.044%	$2.0M	$1.7M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4489	−0.035%	$27K	$321K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4497	+0.132%	$597K	$2.0M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4488	−0.062%	$48K	$241K	50x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4495	+0.094%	$22K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4488	−0.062%	$207	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4483	−0.174%	$820K	$1.7M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4489	−0.040%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4485	−0.123%	$220K	$999K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4488	−0.064%	$30K	$600	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4491	+0.011%	—	—	20x	as long as short
Phoenix WLD	+0.0142%	1h	0.4509	+0.403%	$5K	$52K	10x	as long as short
Lighter WLDshort	+0.0152%	1h	0.4494	+0.080%	$4.9M	$2.9M	10x
Injective WLD/USDC PERP	+0.0176%	1h	0.4513	+0.494%	$6K	$185K	5.5x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0219% / S −0.0967%	1h	0.4490	−0.012%	$4K	—	100x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4495	+0.094%	$4.8M	$921K	75x	as long as short
Hyperliquid WLD	+0.0298%	1h	0.4498	+0.158%	$48.6M	$44.2M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.0505%	1h	0.4491	+0.009%	$856K	$2.9M	50x	as long as short
Coinbase International WLD-PERP-INTX	+0.0536%	1h	0.4497	+0.138%	$274K	$1.7M	50x	as long as short