Funding you earn now, next payment 00:00 UTC−0.0255%/8h= −27.9% APRpaid last 24h −0.004%
Price spread now: BloFin against Hyperliquid−0.337%67s7-day average −0.073% · you buy dearer than you sell
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$420.422% of the position
Funding, last 7 days+0.117%+$12 on $10k
+Price spread, last 3 days (all we have)+0.445%+$45 · spread now −0.337%, 7d avg −0.073%
=Together, before fees+0.562%+ Points / potential airdropHyperliquid: Season 2 · farm board+$56 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and BloFin is 0.265% cheaper against Hyperliquid than usual: you would sell low and buy high (−$26 if the spread goes back to its 7-day average of −0.073%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.117%, so the current rate has only just turned against you. The two prices were read 67 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.117% in total (about 6.1% a year). A funding rate is set anew for every payment. 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 | Hyperliquid WLD | 0.4595 | 0.0475 | pay 0.0059% / 1h | 10m 07s | $50.9M | $43.9M | 10x |
| Short | BloFin WLD-USDT | 0.4579 | 0.0220 | get 0.0220% / 8h | 10m 07s | $4.8M | $822K | 75x |
Hyperliquid WLD
BloFin WLD-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Hyperliquid. 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
- −$53.59
- Price spread: −0.337% → −0.073%
- −$26.46
- Slippage, 4 orders
- −$21.19
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$122.24
- Costs to cover
- 0.422%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 3 min ago; BloFin: live order book, 3 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 Hyperliquid live order book, 3 min ago | 1.96 bp | 7.8 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 3 min ago | 1.09 bp | 7.1 bp −$7 | 11.8 bp −$118 | 33.5 bp −$3,355 | 101.9 bp −$50.9K |
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 | −0.0188% | 8h | 0.4588 | −0.141% | $65K | $3.9M | 1.7x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4589 | −0.113% | $164K | $13K | 10x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4587 | −0.158% | $56K | — | 150x | as long as short |
| KuCoin WLDUSDTM | +0.0008% | 8h | 0.4584 | −0.229% | $7.0M | $11.0M | 50x | as long as short |
| Nado WLD-PERP | +0.0034% | 1h | 0.4587 | −0.152% | $276K | $169K | 5x | as long as short |
| Orderly PERP_WLD_USDC | +0.0034% | 8h | 0.4587 | −0.163% | $28K | $906K | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4587 | −0.165% | $192K | $1.0M | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4590 | −0.093% | $53K | $483K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4587 | −0.174% | $86.7M | $303.5M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4586 | −0.185% | $65.9M | $82.9M | 50x | as long as short |
Kalshi KXWLDPERP
dYdX WLD-USD
gTrade (Gains Network) WLD/USD
KuCoin WLDUSDTM
Nado WLD-PERP
Orderly PERP_WLD_USDC
Aster WLDUSDT
Pacifica WLD
Binance WLDUSDT
Bybit WLDUSDTShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4585 | −0.207% | $34.3M | $143.7M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4584 | −0.229% | $7.5M | $36.0M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4587 | −0.163% | $45.8M | $53.3M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4586 | −0.185% | $30.3M | $26.1M | 75x | as long as short |
| BingX WLD-USDT | +0.0100% | 8h | 0.4586 | −0.185% | — | $67.1M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4589 | −0.113% | $136K | $283K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4578 | −0.363% | $2.0M | $1.7M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4587 | −0.155% | $27K | $315K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4581 | −0.295% | $605K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4588 | −0.141% | $55K | $229K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4594 | −0.011% | $48K | $1.6M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4597 | +0.054% | $23K | $1.5M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4587 | −0.163% | $215 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4586 | −0.185% | $853K | $1.8M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4583 | −0.250% | $1.8M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4585 | −0.204% | $233K | $845K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4588 | −0.145% | $31K | $5K | 3x | as long as short |
| Phoenix WLD | +0.0104% | 1h | 0.4602 | +0.172% | $5K | $53K | 10x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4587 | −0.156% | — | — | 20x | as long as short |
| Deribit WLD_USDC-PERPETUAL | +0.0186% | 1h | 0.4589 | −0.120% | $123K | $897K | 25x | as long as short |
| BloFin WLD-USDTshort | +0.0220% | 8h | 0.4579 | −0.337% | $4.8M | $822K | 75x | |
| GMX WLD/USD [ETH-USDC] | L +0.0229% / S −0.1268% | 1h | 0.4587 | −0.174% | $5K | — | 100x | as long as short |
| 01 Exchange WLDUSD | +0.0256% | 1h | 0.4596 | +0.035% | $329 | $77 | 5x | as long as short |
| Injective WLD/USDC PERP | +0.0373% | 1h | 0.4585 | −0.207% | $6K | $185K | 5.5x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0440% | 1h | 0.4591 | −0.076% | $272K | $1.6M | 50x | as long as short |
| Hyperliquid WLDlong | +0.0475% | 1h | 0.4595 | long leg | $50.9M | $43.9M | 10x | |
| Kraken Futures PF_WLDUSD | +0.0717% | 1h | 0.4589 | −0.122% | $904K | $2.7M | 50x | as long as short |
| Lighter WLD | +0.1296% | 1h | 0.4597 | +0.044% | $5.2M | $2.0M | 10x | as long as short |
OKX WLD-USDT-SWAP
Gate WLD_USDT
MEXC WLD_USDT
Bitget WLDUSDT
BingX WLD-USDT
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
Phoenix WLD
Reya WLDRUSDPERP
Deribit WLD_USDC-PERPETUAL
GMX WLD/USD [ETH-USDC]
01 Exchange WLDUSD
Injective WLD/USDC PERP
Coinbase International WLD-PERP-INTX
Kraken Futures PF_WLDUSD
Lighter WLD