Settings8H · net · $10k
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Funding arb · Price arb / Crypto

W

All W markets →
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
HyperliquidW
0.01045+0.0029pay 0.0004% / 1h10m 15s$2.5M$526K5xLong Hyperliquid4% off
SHORT
Kraken FuturesPF_WUSD
0.01044+0.0243get 0.0030% / 1h10m 15s$197K$529K10xShort Kraken Futures
Price gap−0.106%
Funding gap+0.0214% /8h

Funding pays +$6 a day on $10k, but the gap is 0.178% under its 7d average: −$18 if it goes back, about 2.8 days of funding.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$60+0.0214% /8h now · paid +0.597% over the last 7D
Price−$18spread −0.106% now, avg +0.073% → −0.178% if it goes back
Costs−$590.586% of $10k · taker + slippage, in and out
Result−$17−0.17%+ Points / potential airdropHyperliquid: Season 2 · farm board

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.106%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

W on 17 exchanges

lowest funding first

Before you open

3 ok · 3 to watch
  • OK: Fits both order books13.0 / 12.1 bp
    Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
  • Note: Margin at max leverage$2,000 + $1,000
    Hyperliquid 5x, Kraken Futures 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval1h / 1h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: +$6.41Long Hyperliquid: 24 payments, −$0.88; short Kraken Futures: 24 payments, +$7.30.
  • Watch: Gap narrower than usual−0.106% vs +0.073%
    Less room for the price leg to pay you. If it goes back to average, the short loses.
  • Watch: Short leg is thinner$197K vs $2.5M OI
    Kraken Futures sets your exit cost. Check its book before closing.
  • OK: Points on a legHyperliquid Season 2
    Volume here counts toward the points program.
  • Watch: KYCHyperliquid No · Kraken Futures Yes
    Full verification; not offered in the US (a separate US product), Canada, Australia (wholesale only) or to retail UK clients.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0284%/8h × 21 periods+$59.66
Price spread−0.106% → +0.073% (7d avg)−$17.84
Slippage, 4 orderslive order books−$39.62
Fee Hyperliquid bp × 2 orders−$9.00
Fee Kraken Futures bp × 2 orders−$10.00
Net · 7 days · $10k−$16.79
Costs to cover0.586%Break-even9.0 days
Slippage: Hyperliquid: live order book, 4 min ago; Kraken Futures: live order book, 45 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGHyperliquid4.7913.0 bp−$1344.0 bp−$440doesn’t fitdoesn’t fit
SELL · SHORTKraken Futures2.3912.1 bp−$12doesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

W news

posts that mention W, from every exchange
10-14 03:49ArcusListing$W perpetuals are now live on Arcus. Up to 5x leverage. @arcus_xyz on X ↗
10-14 03:30ArcusListing$W perpetuals are now live on Arcus. Up to 5x leverage. @arcus_xyz on X ↗
10-13 19:59ArcusListingnew market W-USD ($W) seen by our collector
10-12 15:17AsterListingNew perp listings: $RSR with up to 5x leverage and $W with up to 10x leverage. @Aster_DEX on X ↗
10-12 14:13AsterListingnew market WUSDT ($W) seen by our collector