Funding you earn now, next payment 01:00 UTC+0.0978%/8h= +107.1% APRnext payment +$1.22 per $10,000 · paid last 24h —
Price spread now: Lighter against Reya+0.015%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropReya: Active · Lighter: Season 3 · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$29 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya WLDRUSDPERP | 0.4587 | 0.0134 | pay 0.0017% / 1h | 50m 32s | — | — | 20x |
| Short | Lighter WLD | 0.4588 | 0.1112 | get 0.0139% / 1h | 50m 32s | $5.2M | $2.0M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Reya. 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
- $205.41
- Price spread: +0.015% → 0.000%
- $1.53
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $200.94
- Costs to cover
- 0.060%
- Break-even
- 0.2 days
Slippage unknown: Reya: no order-book sample; Lighter: live order book, 7 min ago. 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 Reya no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 7 min ago | 5.45 bp | 11.4 bp −$11 | 30.5 bp −$305 | doesn't fit | doesn't fit |
Reya: 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 | |
|---|---|---|---|---|---|---|---|---|
| Kalshi KXWLDPERP | −0.0203% | 8h | 0.4577 | −0.225% | $63K | $3.9M | 1.7x | as long as short |
| KuCoin WLDUSDTM | −0.0003% | 8h | 0.4575 | −0.268% | $7.0M | $11.0M | 50x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4578 | −0.207% | $163K | $13K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4581 | −0.137% | $123K | $876K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4582 | −0.113% | $56K | — | 150x | as long as short |
| Nado WLD-PERP | +0.0006% | 1h | 0.4589 | +0.037% | $276K | $169K | 5x | as long as short |
| Injective WLD/USDC PERP | +0.0038% | 1h | 0.4597 | +0.211% | $6K | $185K | 5.5x | as long as short |
| Orderly PERP_WLD_USDC | +0.0041% | 8h | 0.4580 | −0.159% | $28K | $904K | 10x | as long as short |
| Gate WLD_USDT | +0.0048% | 8h | 0.4581 | −0.137% | $7.5M | $35.1M | 75x | as long as short |
| ApeX Omni WLDUSDT | +0.0070% | 1h | 0.4594 | +0.146% | $54K | $229K | 50x | as long as short |
Show all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster WLDUSDT | +0.0100% | 8h | 0.4582 | −0.120% | $192K | $984K | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4580 | −0.160% | $54K | $487K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4588 | +0.015% | $86.7M | $303.8M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4589 | +0.037% | $65.8M | $82.6M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4589 | +0.037% | $34.3M | $143.6M | 50x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4582 | −0.116% | $46.4M | $53.1M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4589 | +0.037% | $30.4M | $26.1M | 75x | as long as short |
| BingX WLD-USDT | +0.0100% | 8h | 0.4582 | −0.116% | — | $67.1M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4577 | −0.216% | $136K | $282K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4581 | −0.142% | $2.0M | $1.7M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4590 | +0.064% | $27K | $317K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4597 | +0.211% | $610K | $1.9M | 10x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4590 | +0.048% | $48K | $1.6M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4586 | −0.028% | $23K | $1.5M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4580 | −0.159% | $214 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4577 | −0.225% | $852K | $1.8M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4579 | −0.181% | $1.8M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4583 | −0.093% | $231K | $847K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4580 | −0.151% | $31K | $600 | 3x | as long as short |
| Reya WLDRUSDPERPlong | +0.0134% | 1h | 0.4587 | long leg | — | — | 20x | |
| Phoenix WLD | +0.0157% | 1h | 0.4593 | +0.124% | $5K | $53K | 10x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4583 | −0.094% | $4.9M | $821K | 75x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0229% / S −0.1268% | 1h | 0.4582 | −0.123% | $5K | — | 100x | as long as short |
| 01 Exchange WLDUSD | +0.0256% | 1h | 0.4592 | +0.113% | $329 | $77 | 5x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0329% | 1h | 0.4583 | −0.091% | $903K | $2.7M | 50x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0448% | 1h | 0.4582 | −0.116% | $273K | $1.6M | 50x | as long as short |
| Hyperliquid WLD | +0.0729% | 1h | 0.4596 | +0.183% | $51.0M | $43.4M | 10x | as long as short |
| Lighter WLDshort | +0.1112% | 1h | 0.4588 | +0.015% | $5.2M | $2.0M | 10x |
Lighter WLD
Kalshi KXWLDPERP
KuCoin WLDUSDTM
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
Injective WLD/USDC PERP
Gate WLD_USDT
ApeX Omni WLDUSDT
Aster WLDUSDT
Pacifica WLD
Binance WLDUSDT
Bybit WLDUSDT
OKX WLD-USDT-SWAP
MEXC WLD_USDT
Bitget WLDUSDT
BingX WLD-USDT
Backpack WLD_USDC_PERP
Variational Omni WLD
edgeX WLDUSDC
GRVT WLD_USDT_Perp
Polymarket Perps WLD-USD
SunX WLD-USDT
SoDEX WLD-USD
HTX WLD-USDT
Phemex WLDUSDT
Extended WLD-USD
Phoenix WLD
BloFin WLD-USDT
GMX WLD/USD [ETH-USDC]
01 Exchange WLDUSD
Kraken Futures PF_WLDUSD
Coinbase International WLD-PERP-INTX
Hyperliquid WLD