Funding you earn now, next payment 06:00 UTC−0.0117%/8h= −12.9% APRnext payment −$0.15 per $10,000 · paid last 24h −0.019%
Price spread now: Injective against Hyperliquid+0.333%53s7-day average +0.114% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.121%−$12 on $10k
+Price spread, last 4 days (all we have)−0.232%−$23 · spread now +0.333%, 7d avg +0.114%
=Together, before fees−0.353%+ Points / potential airdropHyperliquid: Season 2 · farm board−$35 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Injective is 0.220% dearer against Hyperliquid than usual: you sell high and buy low (spread +0.333% now, against its 7-day average of +0.114%): +$22 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 6.2 days. At the pace of the last 7 days (−0.121% in total) that is about 13 days. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid WLD | 0.4498 | 0.0294 | pay 0.0037% / 1h | 32m 15s | $48.6M | $44.2M | 10x |
| Short | Injective WLD/USDC PERP | 0.4513 | 0.0176 | get 0.0022% / 1h | 32m 15s | $6K | $185K | 5.5x |
Hyperliquid WLD
Injective WLD/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$24.66
- Price spread: +0.333% → +0.114%
- $21.98
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$11.7
- Costs to cover
- 0.090%
- Break-even
- from the start
Slippage unknown: Hyperliquid: live order book, 11 min ago; Injective: live order book, 47 min ago. Net counts fees only.
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, 11 min ago | 0.22 bp | 7.3 bp −$7 | doesn't fit | doesn't fit | doesn't fit |
| Sell Injective live order book, 47 min ago | 71.00 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Nado WLD-PERP | −0.0053% | 1h | 0.4492 | −0.133% | $241K | $208K | 5x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4495 | −0.060% | $153K | $33K | 10x | as long as short |
| Kalshi KXWLDPERP | 0.0000% | 8h | 0.4493 | −0.111% | $69K | $4.9M | 1.7x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4492 | −0.133% | $143K | $1.0M | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4493 | −0.114% | $65K | — | 150x | as long as short |
| Polymarket Perps WLD-USD | +0.0043% | 1h | 0.4494 | −0.089% | $40K | $2.4M | 10x | as long as short |
| KuCoin WLDUSDTM | +0.0046% | 8h | 0.4490 | −0.178% | $6.7M | $11.9M | 50x | as long as short |
| 01 Exchange WLDUSD | +0.0056% | 1h | 0.4498 | +0.002% | $322 | $55 | 5x | as long as short |
| Orderly PERP_WLD_USDC | +0.0098% | 8h | 0.4491 | −0.156% | $28K | $821K | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4494 | −0.081% | $224K | $1.1M | 50x | as long as short |
Nado WLD-PERP
dYdX WLD-USD
Kalshi KXWLDPERP
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
Polymarket Perps WLD-USD
KuCoin WLDUSDTM
01 Exchange WLDUSD
Orderly PERP_WLD_USDC
Aster WLDUSDTShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica WLD | +0.0100% | 1h | 0.4499 | +0.020% | $50K | $541K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4493 | −0.121% | $85.5M | $339.2M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4490 | −0.178% | $63.9M | $92.0M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4490 | −0.178% | $33.8M | $153.1M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4493 | −0.111% | $7.3M | $37.1M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4491 | −0.156% | $38.3M | $55.7M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4489 | −0.200% | $29.5M | $31.0M | 75x | as long as short |
| BingX WLD-USDC | +0.0100% | 8h | 0.4493 | −0.111% | — | $1.3M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4493 | −0.120% | $133K | $305K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4509 | +0.240% | $2.0M | $1.7M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4522 | +0.538% | $27K | $321K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4512 | +0.312% | $599K | $2.0M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4527 | +0.645% | $48K | $240K | 50x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4496 | −0.044% | $23K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4490 | −0.178% | $209 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4492 | −0.133% | $822K | $1.7M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4492 | −0.133% | $1.8M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4488 | −0.227% | $220K | $999K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4491 | −0.159% | $30K | $600 | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4491 | −0.160% | — | — | 20x | as long as short |
| Lighter WLD | +0.0136% | 1h | 0.4495 | −0.060% | $4.9M | $2.9M | 10x | as long as short |
| Phoenix WLD | +0.0142% | 1h | 0.4509 | +0.242% | $5K | $52K | 10x | as long as short |
| Injective WLD/USDC PERPshort | +0.0176% | 1h | 0.4513 | +0.333% | $6K | $185K | 5.5x | |
| GMX WLD/USD [ETH-USDC] | L +0.0219% / S −0.0967% | 1h | 0.4492 | −0.132% | $4K | — | 100x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4494 | −0.089% | $4.8M | $924K | 75x | as long as short |
| Hyperliquid WLDlong | +0.0294% | 1h | 0.4498 | long leg | $48.6M | $44.2M | 10x | |
| Kraken Futures PF_WLDUSD | +0.0504% | 1h | 0.4492 | −0.125% | $857K | $2.9M | 50x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0536% | 1h | 0.4506 | +0.178% | $274K | $1.7M | 50x | as long as short |
Pacifica WLD
Binance WLDUSDT
Bybit WLDUSDT
OKX WLD-USDT-SWAP
Gate WLD_USDT
MEXC WLD_USDT
Bitget WLDUSDT
BingX WLD-USDC
Backpack WLD_USDC_PERP
Variational Omni WLD
edgeX WLDUSDC
GRVT WLD_USDT_Perp
ApeX Omni WLDUSDT
SunX WLD-USDT
SoDEX WLD-USD
HTX WLD-USDT
Phemex WLDUSDT
Extended WLD-USD
Aevo WLD-PERP
Reya WLDRUSDPERP
Lighter WLD
Phoenix WLD
GMX WLD/USD [ETH-USDC]
BloFin WLD-USDT
Kraken Futures PF_WLDUSD
Coinbase International WLD-PERP-INTX