Funding you earn now, next payment 02:00 UTC+0.0054%/8h= +5.9% APRnext payment +$0.07 per $10,000 · paid last 24h −0.043%
Price spread now: Kraken Futures against Hyperliquid−0.184%7-day average −0.055% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.003%$0 on $10k
+Price spread, last 3 days (all we have)+0.251%+$25 · spread now −0.184%, 7d avg −0.055%
=Together, before fees+0.247%+ Points / potential airdropHyperliquid: Season 2 · farm board+$25 on $10k · with fees, hour by hour
Funding pays, the price is against you. Kraken Futures is 0.128% cheaper against Hyperliquid than usual: you would sell low and buy high (spread −0.184% now, against its 7-day average of −0.055%). If the spread goes back, that is −$13 on $10k: about 7.9 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid WLD | 0.4669 | 0.0588 | pay 0.0074% / 1h | 30m 05s | $52.1M | $44.1M | 10x |
| Short | Kraken Futures PF_WLDUSD | 0.4661 | 0.0642 | get 0.0080% / 1h | 30m 05s | $910K | $2.8M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- $11.34
- Price spread: −0.184% → −0.055%
- −$12.84
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$20.5
- Costs to cover
- 0.190%
- Break-even
- 19.7 days
Slippage unknown: Hyperliquid: live order book, 3 min ago; Kraken Futures: live order book, 4 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, 3 min ago | 0.32 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 4 min ago | 6.49 bp | 11.5 bp −$11 | 26.6 bp −$266 | 1015.5 bp −$101.5K | 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 | −1.161% | $6K | $185K | 5.5x | as long as short |
| Kalshi KXWLDPERP | −0.0158% | 8h | 0.4646 | −0.497% | $38K | $4.4M | 1.7x | as long as short |
| KuCoin WLDUSDTM | −0.0047% | 8h | 0.4659 | −0.218% | $7.0M | $11.5M | 50x | as long as short |
| Nado WLD-PERP | −0.0010% | 1h | 0.4651 | −0.390% | $270K | $178K | 5x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4649 | −0.427% | $159K | $19K | 10x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4653 | −0.351% | $56K | — | 150x | as long as short |
| Gate WLD_USDT | +0.0039% | 8h | 0.4661 | −0.176% | $7.3M | $37.5M | 75x | as long as short |
| ApeX Omni WLDUSDT | +0.0047% | 1h | 0.4642 | −0.583% | $51K | $240K | 50x | as long as short |
| Orderly PERP_WLD_USDC | +0.0057% | 8h | 0.4653 | −0.347% | $28K | $897K | 10x | as long as short |
| Phoenix WLD | +0.0068% | 1h | 0.4631 | −0.812% | $5K | $54K | 10x | as long as short |
Show all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster WLDUSDT | +0.0100% | 8h | 0.4653 | −0.353% | $178K | $1.0M | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4647 | −0.467% | $57K | $509K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4657 | −0.254% | $88.4M | $323.2M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4661 | −0.176% | $66.6M | $86.8M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4663 | −0.133% | $35.1M | $151.9M | 50x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4662 | −0.154% | $47.0M | $55.6M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4661 | −0.176% | $31.0M | $29.0M | 75x | as long as short |
| BingX WLD-USDT | +0.0100% | 8h | 0.4661 | −0.176% | — | $67.7M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4665 | −0.096% | $137K | $293K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4652 | −0.373% | $2.1M | $1.7M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4639 | −0.637% | $28K | $318K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4634 | −0.752% | $608K | $1.9M | 10x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4656 | −0.285% | $50K | $2.0M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4658 | −0.240% | $23K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4657 | −0.261% | $220 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4653 | −0.347% | $881K | $1.9M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4659 | −0.218% | $1.9M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4653 | −0.341% | $214K | $883K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4656 | −0.276% | $32K | $600 | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4651 | −0.384% | — | — | 20x | as long as short |
| Deribit WLD_USDC-PERPETUAL | +0.0180% | 1h | 0.4656 | −0.283% | $129K | $895K | 25x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0230% / S −0.1268% | 1h | 0.4652 | −0.377% | $5K | — | 100x | as long as short |
| 01 Exchange WLDUSD | +0.0256% | 1h | 0.4658 | −0.244% | $333 | $77 | 5x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0456% | 1h | 0.4653 | −0.347% | $276K | $1.7M | 50x | as long as short |
| Hyperliquid WLDlong | +0.0588% | 1h | 0.4669 | long leg | $52.1M | $44.1M | 10x | |
| Kraken Futures PF_WLDUSDshort | +0.0642% | 1h | 0.4661 | −0.184% | $910K | $2.8M | 50x | |
| Lighter WLD | +0.0856% | 1h | 0.4667 | −0.047% | $5.3M | $2.1M | 10x | as long as short |
Hyperliquid WLD
Kraken Futures PF_WLDUSD
Injective WLD/USDC PERP
Kalshi KXWLDPERP
KuCoin WLDUSDTM
gTrade (Gains Network) WLD/USD
Gate WLD_USDT
ApeX Omni WLDUSDT
Phoenix WLD
Aster WLDUSDT
Pacifica WLD
Binance WLDUSDT
Bybit WLDUSDT
OKX WLD-USDT-SWAP
MEXC WLD_USDT
Bitget WLDUSDT
BingX WLD-USDT
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
Extended WLD-USD
Deribit WLD_USDC-PERPETUAL
GMX WLD/USD [ETH-USDC]
01 Exchange WLDUSD
Coinbase International WLD-PERP-INTX
Lighter WLD