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 −0.017%
Price spread now: edgeX against Hyperliquid+0.357%86s7-day average −0.121% · you sell dearer than you buy
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$360.360% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.001%$0 on $10k
Price spread, last 3 days (all we have)−0.123%−$12 · spread now +0.357%, 7d avg −0.121%
Together, before fees−0.122%+ Points / potential airdropHyperliquid: Season 2 · edgeX: Active · farm board−$12 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: edgeX is 0.478% dearer against Hyperliquid than usual: you sell high and buy low, +$48 on $10k if it goes back to its 7-day average of −0.121%. The two prices were read 86 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid WLD0.45330.0100pay 0.0013% / 1h16m 06s$46.4M$41.2M10x
ShortedgeX WLDUSDC0.45490.0100get 0.0050% / 4h2h 16m$27K$316K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Hyperliquid. 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: +0.357% → −0.121%
$47.81
Slippage, 4 orders
−$17.95
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$11.86
Costs to cover
0.360%
Break-even
from the start
Slippage from Hyperliquid: live order book, 7 min ago; edgeX: live order book, 7 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 Hyperliquid live order book, 7 min ago1.10 bp6.4 bp −$6doesn't fitdoesn't fitdoesn't fit
Sell edgeX live order book, 7 min ago4.40 bp8.9 bp −$918.3 bp −$183doesn'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−0.0463%8h0.4535+0.049%$45K$3.8M1.7xas long as short
Orderly PERP_WLD_USDC−0.0020%8h0.4530−0.062%$28K$917K10xas long as short
Variational Omni WLD−0.0004%8h0.4542+0.208%$2.1M$1.6Mas long as short
dYdX WLD-USD0.0000%1h0.4538+0.120%$155K$6K10xas long as short
Deribit WLD_USDC-PERPETUAL0.0000%1h0.4532−0.018%$123K$911K25xas long as short
KuCoin WLDUSDTM+0.0002%8h0.4528−0.106%$7.0M$10.7M50xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4531−0.030%$56K150xas long as short
Nado WLD-PERP+0.0035%1h0.4534+0.026%$271K$168K5xas long as short
Phoenix WLD+0.0052%1h0.4553+0.437%$5K$52K10xas long as short
OKX WLD-USDT-SWAP+0.0076%8h0.4530−0.062%$33.8M$137.7M50xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC WLD_USDT+0.0090%8h0.4529−0.084%$53.0M$47.7M300xas long as short
Binance WLDUSDT+0.0090%8h0.4530−0.062%$85.2M$292.8M75xas long as short
Hyperliquid WLDlong+0.0100%1h0.4533long leg$46.4M$41.2M10x
Aster WLDUSDT+0.0100%8h0.4532−0.017%$215K$982K50xas long as short
Pacifica WLD+0.0100%1h0.4537+0.093%$51K$482K5xas long as short
Bybit WLDUSDT+0.0100%8h0.4529−0.084%$64.6M$80.3M50xas long as short
Gate WLD_USDT+0.0100%8h0.4530−0.062%$7.4M$34.8M75xas long as short
Bitget WLDUSDT+0.0100%8h0.4529−0.084%$30.1M$25.2M75xas long as short
BingX WLD-USDC+0.0100%8h0.4531−0.040%$1.3Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4530−0.068%$128K$271K10xas long as short
edgeX WLDUSDCshort+0.0100%4h0.4549+0.357%$27K$316K20x
GRVT WLD_USDT_Perp+0.0100%8h0.4549+0.353%$610K$1.9M10xas long as short
ApeX Omni WLDUSDT+0.0100%1h0.4542+0.203%$55K$226K50xas long as short
Polymarket Perps WLD-USD+0.0100%1h0.4531−0.051%$51K$1.7M10xas long as short
SunX WLD-USDT+0.0100%8h0.4537+0.093%$22K$1.5M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4528−0.106%$197$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4539+0.137%$856K$1.8M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4529−0.084%$1.8M$3.7M50xas long as short
Extended WLD-USD+0.0104%1h0.4527−0.119%$132K$745K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4530−0.066%$31K$5K3xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4530−0.067%20xas long as short
BloFin WLD-USDT+0.0210%8h0.4535+0.049%$4.9M$806K75xas long as short
GMX WLD/USD [ETH-USDC]L +0.0216% / S −0.1712%1h0.4530−0.052%$9K100xas long as short
01 Exchange WLDUSD+0.0328%1h0.4535+0.057%$324$775xas long as short
Injective WLD/USDC PERP+0.0374%1h0.4542+0.203%$6K$185K5.5xas long as short
Coinbase International WLD-PERP-INTX+0.0400%1h0.4540+0.159%$278K$1.6M50xas long as short
Lighter WLD+0.0960%1h0.4540+0.152%$5.1M$2.1M10xas long as short
Kraken Futures PF_WLDUSD+0.1100%1h0.4534+0.017%$921K$2.6M50xas long as short