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

WLD

all WLD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0476%/8h= −52.1% APRpaid last 24h −0.038%
Price spread now: KuCoin against Hyperliquid−0.150%7-day average −0.079% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.098%−$10 on $10k
Price spread, last 7 days+0.173%+$17 · spread now −0.150%, 7d avg −0.079%
Together, before fees+0.076%+ Points / potential airdropHyperliquid: Season 2 · farm board+$8 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and KuCoin is 0.072% cheaper against Hyperliquid than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.079%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.098% in total (about -5.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid WLD0.45850.0487pay 0.0061% / 1h28m 00s$49.7M$43.1M10x
ShortKuCoin WLDUSDTM0.45780.0011get 0.0011% / 8h28m 00s$6.9M$11.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
−$99.87
Price spread: −0.150% → −0.079%
−$7.2
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$128.06
Costs to cover
0.210%
Break-even
never at this rate
Slippage unknown: Hyperliquid: live order book, 5 min ago; KuCoin: live order book, 5 min ago. Net counts fees only.

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, 5 min ago0.22 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 5 min ago2.18 bp15.6 bp −$1631.2 bp −$312doesn'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−0.0201%8h0.4582−0.063%$63K$3.9M1.7xas long as short
dYdX WLD-USD0.0000%1h0.4584−0.021%$164K$13K10xas long as short
Deribit WLD_USDC-PERPETUAL0.0000%1h0.4581−0.085%$113K$885K25xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4581−0.081%$56K150xas long as short
KuCoin WLDUSDTMshort+0.0011%8h0.4578−0.150%$6.9M$11.0M50x
Orderly PERP_WLD_USDC+0.0029%8h0.4580−0.107%$28K$908K10xas long as short
Nado WLD-PERP+0.0048%1h0.4579−0.118%$276K$169K5xas long as short
Aster WLDUSDT+0.0100%8h0.4581−0.094%$189K$1.0M50xas long as short
Pacifica WLD+0.0100%1h0.4583−0.049%$53K$483K5xas long as short
Binance WLDUSDT+0.0100%8h0.4578−0.146%$86.3M$301.5M75xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit WLDUSDT+0.0100%8h0.4578−0.150%$65.5M$82.7M50xas long as short
OKX WLD-USDT-SWAP+0.0100%8h0.4577−0.172%$34.2M$142.7M50xas long as short
Gate WLD_USDT+0.0100%8h0.4579−0.129%$7.4M$35.6M75xas long as short
MEXC WLD_USDT+0.0100%8h0.4580−0.107%$45.7M$52.9M300xas long as short
Bitget WLDUSDT+0.0100%8h0.4579−0.129%$30.2M$25.9M75xas long as short
BingX WLD-USDT+0.0100%8h0.4581−0.085%$67.1Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4581−0.092%$129K$272K10xas long as short
Variational Omni WLD+0.0100%8h0.4586+0.023%$2.1M$1.6Mas long as short
edgeX WLDUSDC+0.0100%4h0.4578−0.140%$27K$317K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4588+0.059%$619K$1.9M10xas long as short
ApeX Omni WLDUSDT+0.0100%1h0.4583−0.041%$55K$228K50xas long as short
Polymarket Perps WLD-USD+0.0100%1h0.4584−0.028%$45K$1.6M10xas long as short
SunX WLD-USDT+0.0100%8h0.4587+0.046%$22K$1.5M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4580−0.107%$210$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4585+0.002%$854K$1.8M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4580−0.107%$1.8M$3.7M50xas long as short
Extended WLD-USD+0.0104%1h0.4579−0.136%$234K$845K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4581−0.096%$31K$5K3xas long as short
Phoenix WLD+0.0104%1h0.4581−0.079%$5K$53K10xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4579−0.119%20xas long as short
BloFin WLD-USDT+0.0220%8h0.4585+0.002%$4.9M$824K75xas long as short
GMX WLD/USD [ETH-USDC]L +0.0229% / S −0.1268%1h0.4580−0.106%$5K100xas long as short
01 Exchange WLDUSD+0.0264%1h0.4586+0.024%$328$775xas long as short
Injective WLD/USDC PERP+0.0373%1h0.4592+0.155%$6K$185K5.5xas long as short
Coinbase International WLD-PERP-INTX+0.0440%1h0.4587+0.046%$270K$1.6M50xas long as short
Hyperliquid WLDlong+0.0487%1h0.4585long leg$49.7M$43.1M10x
Kraken Futures PF_WLDUSD+0.0718%1h0.4582−0.060%$905K$2.7M50xas long as short
Lighter WLD+0.1440%1h0.4590+0.105%$5.2M$2.0M10xas long as short