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

WLD

all WLD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0140%/8h= −15.3% APRpaid last 24h −0.058%
Price spread now: HTX against Hyperliquid−0.101%7-day average −0.283% · you buy dearer than you sell
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$750.745% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.058%−$6 on $10k
Price spread, last 3 days (all we have)−0.042%−$4 · spread now −0.101%, 7d avg −0.283%
Together, before fees−0.100%+ Points / potential airdropHyperliquid: Season 2 · farm board−$10 on $10k · with fees, hour by hour
The price spread pays, funding is against you. HTX is 0.182% dearer against Hyperliquid than usual: you sell high and buy low (spread −0.101% now, against its 7-day average of −0.283%): +$18 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 4.3 days. At the pace of the last 7 days (−0.058% in total) that is about 22 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid WLD0.45630.0240pay 0.0030% / 1h46m 57s$47.3M$40.5M10x
ShortHTX WLD-USDT0.45580.0100get 0.0100% / 8h2h 46m$858K$1.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
−$29.31
Price spread: −0.101% → −0.283%
$18.19
Slippage, 4 orders
−$53.54
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee HTX: 6 bp × 2 orders
−$12
Net
−$85.66
Costs to cover
0.745%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 6 min ago; HTX: live order book, 2 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, 6 min ago0.11 bp9.3 bp −$9doesn't fitdoesn't fitdoesn't fit
Sell HTX live order book, 2 min ago10.96 bp30.1 bp −$30doesn'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
Kalshi KXWLDPERP−0.0508%8h0.4568+0.118%$33K$3.8M1.7xas long as short
Variational Omni WLD−0.0055%8h0.4588+0.546%$2.1M$1.7Mas long as short
Orderly PERP_WLD_USDC−0.0028%8h0.4560−0.057%$28K$918K10xas long as short
dYdX WLD-USD0.0000%1h0.4562−0.002%$156K$6K10xas long as short
Deribit WLD_USDC-PERPETUAL0.0000%1h0.4562−0.013%$153K$768K25xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4561−0.035%$57K150xas long as short
KuCoin WLDUSDTM+0.0016%8h0.4557−0.123%$7.0M$10.7M50xas long as short
OKX WLD-USDT-SWAP+0.0046%8h0.4560−0.057%$34.4M$137.0M50xas long as short
Phoenix WLD+0.0052%1h0.4585+0.500%$5K$52K10xas long as short
Nado WLD-PERP+0.0054%1h0.4556−0.156%$272K$168K5xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit WLDUSDT+0.0078%8h0.4558−0.101%$67.0M$78.4M50xas long as short
ApeX Omni WLDUSDT+0.0084%1h0.4590+0.601%$55K$227K50xas long as short
MEXC WLD_USDT+0.0094%8h0.4560−0.057%$53.1M$46.7M300xas long as short
Binance WLDUSDT+0.0095%8h0.4557−0.123%$86.2M$290.2M75xas long as short
Aster WLDUSDT+0.0100%8h0.4561−0.043%$209K$977K50xas long as short
Pacifica WLD+0.0100%1h0.4564+0.031%$53K$473K5xas long as short
Gate WLD_USDT+0.0100%8h0.4559−0.079%$7.4M$34.1M75xas long as short
Bitget WLDUSDT+0.0100%8h0.4558−0.101%$30.1M$25.1M75xas long as short
BingX WLD-USDC+0.0100%8h0.4557−0.123%$1.3Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4560−0.061%$128K$278K10xas long as short
edgeX WLDUSDC+0.0100%4h0.4558−0.100%$27K$316K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4566+0.077%$618K$1.9M10xas long as short
Polymarket Perps WLD-USD+0.0100%1h0.4558−0.103%$55K$1.7M10xas long as short
SunX WLD-USDT+0.0100%8h0.4563+0.009%$23K$1.5M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4558−0.101%$197$5K10xas long as short
HTX WLD-USDTshort+0.0100%8h0.4558−0.101%$858K$1.7M50x
Phemex WLDUSDT+0.0100%8h0.4558−0.101%$1.9M$3.8M50xas long as short
Extended WLD-USD+0.0104%1h0.4558−0.098%$133K$745K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4560−0.054%$31K$5K3xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4559−0.076%20xas long as short
BloFin WLD-USDT+0.0215%8h0.4558−0.101%$5.0M$834K75xas long as short
GMX WLD/USD [ETH-USDC]L +0.0217% / S −0.0307%1h0.4560−0.060%$12K100xas long as short
Hyperliquid WLDlong+0.0240%1h0.4563long leg$47.3M$40.5M10x
Injective WLD/USDC PERP+0.0374%1h0.4622+1.302%$6K$139K5.5xas long as short
Coinbase International WLD-PERP-INTX+0.0400%1h0.4574+0.250%$275K$1.6M50xas long as short
01 Exchange WLDUSD+0.0648%1h0.4565+0.042%$327$775xas long as short
Lighter WLD+0.1088%1h0.4570+0.153%$5.1M$2.0M10xas long as short
Kraken Futures PF_WLDUSD+0.1094%1h0.4561−0.035%$917K$2.5M50xas long as short