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

WLD

all WLD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0190%/8h= +20.8% APRnext payment +$0.24 per $10,000 · paid last 24h +0.045%
Price spread now: Hyperliquid against Extended+0.038%7-day average +0.157% · you sell dearer than you buy
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$210.211% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.245%−$24 on $10k
Price spread, last 4 days (all we have)+0.169%+$17 · spread now +0.038%, 7d avg +0.157%
Together, before fees−0.076%+ Points / potential airdropExtended: Active · Hyperliquid: Season 2 · farm board−$8 on $10k · with fees, hour by hour
Funding pays, the price is against you. Hyperliquid is 0.119% cheaper against Extended than usual: you would sell low and buy high (spread +0.038% now, against its 7-day average of +0.157%). If the spread goes back, that is −$12 on $10k: about 2.1 days of funding at the current rate (+$6 a day). Mind the row above: over the last 7 days funding on this pair cost −0.245%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended WLD-USD0.44960.0104pay 0.0013% / 1h32m 22s$220K$999K10x
ShortHyperliquid WLD0.44980.0294get 0.0037% / 1h32m 22s$48.6M$44.2M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against Extended. 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
$39.87
Price spread: +0.038% → +0.157%
−$11.92
Slippage, 4 orders
−$7.05
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
$6.89
Costs to cover
0.211%
Break-even
5.8 days
Slippage from Extended: live order book, 16 min ago; Hyperliquid: live order book, 11 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 Extended live order book, 16 min ago1.11 bp3.7 bp −$412.6 bp −$126doesn't fitdoesn't fit
Sell Hyperliquid live order book, 11 min ago0.22 bp6.4 bp −$6doesn'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
Nado WLD-PERP−0.0053%1h0.4492−0.095%$241K$208K5xas long as short
dYdX WLD-USD0.0000%1h0.4495−0.022%$153K$33K10xas long as short
Kalshi KXWLDPERP0.0000%8h0.4487−0.207%$69K$4.9M1.7xas long as short
Deribit WLD_USDC-PERPETUAL0.0000%1h0.4490−0.140%$143K$1.0M25xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4493−0.076%$65K150xas long as short
Polymarket Perps WLD-USD+0.0043%1h0.4494−0.051%$40K$2.4M10xas long as short
KuCoin WLDUSDTM+0.0046%8h0.4494−0.051%$6.7M$11.9M50xas long as short
01 Exchange WLDUSD+0.0056%1h0.4498+0.040%$322$555xas long as short
Orderly PERP_WLD_USDC+0.0098%8h0.4491−0.118%$28K$821K10xas long as short
Aster WLDUSDT+0.0100%8h0.4495−0.019%$224K$1.1M50xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica WLD+0.0100%1h0.4499+0.058%$50K$541K5xas long as short
Binance WLDUSDT+0.0100%8h0.4495−0.032%$85.6M$339.2M75xas long as short
Bybit WLDUSDT+0.0100%8h0.4491−0.118%$63.9M$92.0M50xas long as short
OKX WLD-USDT-SWAP+0.0100%8h0.4490−0.140%$33.8M$153.1M50xas long as short
Gate WLD_USDT+0.0100%8h0.4493−0.073%$7.3M$37.1M75xas long as short
MEXC WLD_USDT+0.0100%8h0.4492−0.095%$38.3M$55.7M300xas long as short
Bitget WLDUSDT+0.0100%8h0.4494−0.051%$29.6M$31.0M75xas long as short
BingX WLD-USDC+0.0100%8h0.4493−0.073%$1.3Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4493−0.082%$133K$305K10xas long as short
Variational Omni WLD+0.0100%8h0.4509+0.278%$2.0M$1.7Mas long as short
edgeX WLDUSDC+0.0100%4h0.4522+0.576%$27K$321K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4512+0.351%$599K$2.0M10xas long as short
ApeX Omni WLDUSDT+0.0100%1h0.4527+0.683%$48K$240K50xas long as short
SunX WLD-USDT+0.0100%8h0.4495−0.029%$23K$1.6M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4489−0.162%$203$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4487−0.207%$821K$1.7M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4493−0.073%$1.8M$3.7M50xas long as short
Extended WLD-USDlong+0.0104%1h0.4496long leg$220K$999K10x
Aevo WLD-PERP+0.0104%1h0.4491−0.121%$30K$6003xas long as short
Lighter WLD+0.0120%1h0.4503+0.147%$4.9M$2.9M10xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4491−0.122%20xas long as short
Phoenix WLD+0.0142%1h0.4509+0.281%$5K$52K10xas long as short
Injective WLD/USDC PERP+0.0176%1h0.4513+0.372%$6K$185K5.5xas long as short
GMX WLD/USD [ETH-USDC]L +0.0219% / S −0.0967%1h0.4492−0.094%$4K100xas long as short
BloFin WLD-USDT+0.0220%8h0.4494−0.051%$4.8M$924K75xas long as short
Hyperliquid WLDshort+0.0294%1h0.4498+0.038%$48.6M$44.2M10x
Kraken Futures PF_WLDUSD+0.0504%1h0.4493−0.067%$857K$2.9M50xas long as short
Coinbase International WLD-PERP-INTX+0.0536%1h0.4491−0.118%$274K$1.7M50xas long as short