Funding you earn now, next payment 02:00 UTC+0.0544%/8h= +59.6% APRnext payment +$0.68 per $10,000 · paid last 24h +0.063%
Price spread now: Hyperliquid against dYdX+0.087%7-day average +0.081% · you sell dearer than you buy
Net, funding: paid 7d − costs−$158as in the Funding arb table
Net, price: spread back to 7d avg − costs−$179as in the Price arb table
costs, in and out, $10k−$1801.800% of the position
Funding, last 7 days+0.222%+$22 on $10k
+Price spread, last 4 days (all we have)+0.041%+$4 · spread now +0.087%, 7d avg +0.081%
=Together, before fees+0.263%+ Points / potential airdropHyperliquid: Season 2 · farm board+$26 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.081%, so right now this pair is about funding alone: +$16 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.222% in total (about 11.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.68 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX WLD-USD | 0.4642 | 0 | get 0.0000% / 1h | 9m 37s | $165K | $26K | 10x |
| Short | Hyperliquid WLD | 0.4646 | 0.0544 | get 0.0068% / 1h | 9m 37s | $51.7M | $43.3M | 10x |
dYdX WLD-USD
Hyperliquid WLDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against dYdX. 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
- $114.32
- Price spread: +0.087% → +0.081%
- $0.63
- Slippage, 4 orders
- −$160.98
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$65.03
- Costs to cover
- 1.800%
- Break-even
- 11.0 days
Slippage from dYdX: live order book, 59 min ago; Hyperliquid: live order book, 4 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 dYdX live order book, 59 min ago | 77.99 bp | 83.0 bp −$83 | 101.9 bp −$1,019 | 155.9 bp −$15.6K | 636.0 bp −$318.0K |
| Sell Hyperliquid live order book, 4 min ago | 0.86 bp | 7.6 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
WLD on 37 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective WLD/USDC PERP | −0.0235% | 1h | 0.4666 | +0.515% | $6K | $185K | 5.5x | as long as short |
| Kalshi KXWLDPERP | −0.0142% | 8h | 0.4657 | +0.322% | $62K | $4.5M | 1.7x | as long as short |
| KuCoin WLDUSDTM | −0.0045% | 8h | 0.4641 | −0.023% | $7.1M | $11.6M | 50x | as long as short |
| dYdX WLD-USDlong | 0.0000% | 1h | 0.4642 | long leg | $165K | $26K | 10x | |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4642 | −0.002% | $120K | $918K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4645 | +0.060% | $56K | — | 150x | as long as short |
| Nado WLD-PERP | +0.0008% | 1h | 0.4652 | +0.214% | $270K | $189K | 5x | as long as short |
| Orderly PERP_WLD_USDC | +0.0064% | 8h | 0.4642 | −0.002% | $28K | $896K | 10x | as long as short |
| Gate WLD_USDT | +0.0068% | 8h | 0.4642 | −0.002% | $7.3M | $38.0M | 75x | as long as short |
| Phoenix WLD | +0.0068% | 1h | 0.4663 | +0.447% | $5K | $54K | 10x | as long as short |
Injective WLD/USDC PERP
Kalshi KXWLDPERP
KuCoin WLDUSDTM
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
Nado WLD-PERP
Orderly PERP_WLD_USDC
Gate WLD_USDT
Phoenix WLDShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster WLDUSDT | +0.0100% | 8h | 0.4643 | +0.015% | $178K | $1.0M | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4642 | −0.002% | $51K | $513K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4644 | +0.042% | $88.3M | $326.9M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4643 | +0.020% | $66.1M | $88.1M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4642 | −0.002% | $34.9M | $151.9M | 50x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4643 | +0.020% | $45.8M | $56.2M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4642 | −0.002% | $30.9M | $29.6M | 75x | as long as short |
| BingX WLD-USDC | +0.0100% | 8h | 0.4643 | +0.020% | — | $1.3M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4642 | −0.012% | $139K | $296K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4659 | +0.358% | $2.1M | $1.7M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4660 | +0.376% | $28K | $317K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4658 | +0.343% | $615K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4659 | +0.365% | $51K | $235K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4654 | +0.253% | $54K | $2.1M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4648 | +0.128% | $23K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4643 | +0.020% | $221 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4644 | +0.042% | $879K | $1.9M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4643 | +0.020% | $1.9M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4641 | −0.015% | $214K | $889K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4643 | +0.011% | $32K | $600 | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4651 | +0.186% | — | — | 20x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0230% / S −0.1268% | 1h | 0.4651 | +0.186% | $5K | — | 100x | as long as short |
| 01 Exchange WLDUSD | +0.0280% | 1h | 0.4644 | +0.048% | $332 | $80 | 5x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0456% | 1h | 0.4648 | +0.128% | $273K | $1.8M | 50x | as long as short |
| Hyperliquid WLDshort | +0.0544% | 1h | 0.4646 | +0.087% | $51.7M | $43.3M | 10x | |
| Kraken Futures PF_WLDUSD | +0.0644% | 1h | 0.4647 | +0.112% | $904K | $2.9M | 50x | as long as short |
| Lighter WLD | +0.0864% | 1h | 0.4653 | +0.227% | $5.3M | $2.1M | 10x | as long as short |
Aster WLDUSDT
Pacifica WLD
Binance WLDUSDT
Bybit WLDUSDT
OKX WLD-USDT-SWAP
MEXC WLD_USDT
Bitget WLDUSDT
BingX WLD-USDC
Backpack WLD_USDC_PERP
Variational Omni WLD
edgeX WLDUSDC
GRVT WLD_USDT_Perp
ApeX Omni WLDUSDT
Polymarket Perps WLD-USD
SunX WLD-USDT
SoDEX WLD-USD
HTX WLD-USDT
Phemex WLDUSDT
Extended WLD-USD
Aevo WLD-PERP
Reya WLDRUSDPERP
GMX WLD/USD [ETH-USDC]
01 Exchange WLDUSD
Coinbase International WLD-PERP-INTX
Kraken Futures PF_WLDUSD
Lighter WLD