Funding you earn now, next payment 02:00 UTC−0.0486%/8h= −53.2% APRnext payment −$0.61 per $10,000 · paid last 24h −0.037%
Price spread now: Extended against Hyperliquid−0.236%7-day average −0.159% · you buy dearer than you sell
Net, funding: paid 7d − costs+$1as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$270.269% of the position
Funding, last 7 days+0.275%+$27 on $10k
+Price spread, last 4 days (all we have)+0.027%+$3 · spread now −0.236%, 7d avg −0.159%
=Together, before fees+0.301%+ Points / potential airdropHyperliquid: Season 2 · Extended: Active · farm board+$30 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and Extended is 0.078% cheaper against Hyperliquid than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.159%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.275%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.275% in total (about 14.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.61 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 | Hyperliquid WLD | 0.4626 | 0.0590 | pay 0.0074% / 1h | 33m 40s | $51.6M | $44.0M | 10x |
| Short | Extended WLD-USD | 0.4615 | 0.0104 | get 0.0013% / 1h | 33m 40s | $213K | $884K | 10x |
Hyperliquid WLD
Extended WLD-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$102.07
- Price spread: −0.236% → −0.159%
- −$7.75
- Slippage, 4 orders
- −$12.87
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$136.7
- Costs to cover
- 0.269%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 10 min ago; Extended: live order book, 34 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, 10 min ago | 0.75 bp | 6.9 bp −$7 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 34 min ago | 2.12 bp | 4.6 bp −$5 | 10.4 bp −$104 | 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 | 0.4615 | −0.242% | $6K | $185K | 5.5x | as long as short |
| Kalshi KXWLDPERP | −0.0161% | 8h | 0.4637 | +0.233% | $46K | $4.4M | 1.7x | as long as short |
| KuCoin WLDUSDTM | −0.0051% | 8h | 0.4615 | −0.242% | $6.9M | $11.5M | 50x | as long as short |
| Nado WLD-PERP | −0.0009% | 1h | 0.4634 | +0.179% | $269K | $178K | 5x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4619 | −0.154% | $158K | $19K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4632 | +0.125% | $128K | $912K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4634 | +0.165% | $66K | — | 150x | as long as short |
| ApeX Omni WLDUSDT | +0.0006% | 1h | 0.4622 | −0.091% | $51K | $241K | 50x | as long as short |
| Gate WLD_USDT | +0.0017% | 8h | 0.4620 | −0.134% | $7.3M | $37.4M | 75x | as long as short |
| Orderly PERP_WLD_USDC | +0.0057% | 8h | 0.4631 | +0.104% | $28K | $898K | 10x | as long as short |
Injective WLD/USDC PERP
Kalshi KXWLDPERP
KuCoin WLDUSDTM
Nado WLD-PERP
dYdX WLD-USD
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
ApeX Omni WLDUSDT
Gate WLD_USDT
Orderly PERP_WLD_USDCShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix WLD | +0.0068% | 1h | 0.4623 | −0.063% | $5K | $54K | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4635 | +0.184% | $177K | $1.0M | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4619 | −0.158% | $56K | $509K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4623 | −0.069% | $87.8M | $323.7M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4617 | −0.199% | $66.0M | $87.0M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4617 | −0.199% | $34.8M | $150.7M | 50x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4618 | −0.177% | $46.6M | $55.5M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4615 | −0.242% | $30.7M | $29.1M | 75x | as long as short |
| BingX WLD-USDC | +0.0100% | 8h | 0.4619 | −0.156% | — | $1.3M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4633 | +0.149% | $139K | $293K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4642 | +0.337% | $2.1M | $1.7M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4639 | +0.286% | $28K | $318K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4612 | −0.305% | $605K | $1.9M | 10x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4639 | +0.277% | $51K | $2.1M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4636 | +0.212% | $23K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4631 | +0.104% | $220 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4634 | +0.169% | $877K | $1.9M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4635 | +0.190% | $1.8M | $3.7M | 50x | as long as short |
| Extended WLD-USDshort | +0.0104% | 1h | 0.4615 | −0.236% | $213K | $884K | 10x | |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4632 | +0.132% | $31K | $600 | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4634 | +0.175% | — | — | 20x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0239% / S −0.1538% | 1h | 0.4633 | +0.144% | $6K | — | 100x | as long as short |
| 01 Exchange WLDUSD | +0.0264% | 1h | 0.4623 | −0.071% | $331 | $77 | 5x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0456% | 1h | 0.4638 | +0.255% | $275K | $1.7M | 50x | as long as short |
| Hyperliquid WLDlong | +0.0590% | 1h | 0.4626 | long leg | $51.6M | $44.0M | 10x | |
| Kraken Futures PF_WLDUSD | +0.0646% | 1h | 0.4635 | +0.194% | $906K | $2.9M | 50x | as long as short |
| Lighter WLD | +0.0840% | 1h | 0.4629 | +0.058% | $5.3M | $2.1M | 10x | as long as short |
Phoenix WLD
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
Polymarket Perps WLD-USD
SunX WLD-USDT
SoDEX WLD-USD
HTX WLD-USDT
Phemex WLDUSDT
Aevo WLD-PERP
Reya WLDRUSDPERP
GMX WLD/USD [ETH-USDC]
01 Exchange WLDUSD
Coinbase International WLD-PERP-INTX
Kraken Futures PF_WLDUSD
Lighter WLD