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

WLD

all WLD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.022%
Price spread now: Hyperliquid against Bitget+0.126%7-day average +0.101% · you sell dearer than you buy
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$420.420% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.040%+$4 on $10k
Price spread, last 7 days−0.093%−$9 · spread now +0.126%, 7d avg +0.101%
Together, before fees−0.052%+ Points / potential airdropHyperliquid: Season 2 · farm board−$5 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Hyperliquid is 0.024% dearer against Bitget than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.101%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget WLDUSDT0.45410.0100pay 0.0100% / 8h2h 18m$30.1M$25.2M75x
ShortHyperliquid WLD0.45470.0100get 0.0013% / 1h18m 20s$46.6M$41.2M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against Bitget. 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

Funding earned
$0
Price spread: +0.126% → +0.101%
$2.44
Slippage, 4 orders
−$21.02
Fee Bitget: 6 bp × 2 orders
−$12
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$39.58
Costs to cover
0.420%
Break-even
never at this rate
Slippage from Bitget: live order book, 6 min ago; Hyperliquid: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 6 min ago1.10 bp13.3 bp −$1325.2 bp −$25274.3 bp −$7,428doesn't fit
Sell Hyperliquid live order book, 5 min ago1.10 bp11.7 bp −$12doesn't fitdoesn't fitdoesn't fit

WLD on 38 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kalshi KXWLDPERP−0.0442%8h0.4552+0.242%$45K$3.8M1.7xas long as short
Orderly PERP_WLD_USDC−0.0021%8h0.4543+0.044%$28K$917K10xas long as short
Variational Omni WLD−0.0004%8h0.4542+0.028%$2.1M$1.6Mas long as short
dYdX WLD-USD0.0000%1h0.4547+0.130%$155K$6K10xas long as short
Deribit WLD_USDC-PERPETUAL0.0000%1h0.4546+0.110%$124K$908K25xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4545+0.078%$56K150xas long as short
KuCoin WLDUSDTM+0.0004%8h0.45410.000%$7.0M$10.7M50xas long as short
Nado WLD-PERP+0.0032%1h0.4543+0.044%$271K$168K5xas long as short
Phoenix WLD+0.0052%1h0.4553+0.255%$5K$52K10xas long as short
OKX WLD-USDT-SWAP+0.0074%8h0.45410.000%$33.9M$138.0M50xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance WLDUSDT+0.0091%8h0.4543+0.045%$85.4M$292.8M75xas long as short
MEXC WLD_USDT+0.0092%8h0.4543+0.044%$53.6M$47.6M300xas long as short
Hyperliquid WLDshort+0.0100%1h0.4547+0.126%$46.6M$41.2M10x
Aster WLDUSDT+0.0100%8h0.4545+0.088%$215K$982K50xas long as short
Pacifica WLD+0.0100%1h0.4545+0.088%$51K$482K5xas long as short
Bybit WLDUSDT+0.0100%8h0.45410.000%$64.8M$80.3M50xas long as short
Gate WLD_USDT+0.0100%8h0.4543+0.044%$7.4M$34.7M75xas long as short
Bitget WLDUSDTlong+0.0100%8h0.4541long leg$30.1M$25.2M75x
BingX WLD-USDC+0.0100%8h0.4545+0.088%$1.3Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4550+0.187%$129K$271K10xas long as short
edgeX WLDUSDC+0.0100%4h0.4544+0.058%$27K$315K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4550+0.198%$610K$1.9M10xas long as short
ApeX Omni WLDUSDT+0.0100%1h0.4542+0.022%$55K$226K50xas long as short
Polymarket Perps WLD-USD+0.0100%1h0.4543+0.044%$52K$1.7M10xas long as short
SunX WLD-USDT+0.0100%8h0.4550+0.198%$23K$1.5M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4543+0.044%$198$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4550+0.198%$858K$1.8M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4544+0.066%$1.8M$3.7M50xas long as short
Extended WLD-USD+0.0104%1h0.4542+0.022%$133K$745K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4545+0.090%$31K$5K3xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4543+0.041%20xas long as short
BloFin WLD-USDT+0.0212%8h0.4544+0.066%$4.9M$808K75xas long as short
GMX WLD/USD [ETH-USDC]L +0.0217% / S −0.1712%1h0.4545+0.090%$9K100xas long as short
01 Exchange WLDUSD+0.0344%1h0.4547+0.128%$325$775xas long as short
Injective WLD/USDC PERP+0.0374%1h0.4542+0.022%$6K$185K5.5xas long as short
Coinbase International WLD-PERP-INTX+0.0400%1h0.4554+0.286%$279K$1.6M50xas long as short
Lighter WLD+0.0976%1h0.4554+0.293%$5.2M$2.1M10xas long as short
Kraken Futures PF_WLDUSD+0.1097%1h0.4547+0.135%$920K$2.6M50xas long as short