Funding you earn now, next payment 02:00 UTC−0.0488%/8h= −53.4% APRpaid last 24h −0.051%
Price spread now: MEXC against Hyperliquid−0.165%7-day average −0.075% · you buy dearer than you sell
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$200.198% of the position
Funding, last 7 days−0.130%−$13 on $10k
+Price spread, last 7 days+0.188%+$19 · spread now −0.165%, 7d avg −0.075%
=Together, before fees+0.058%+ Points / potential airdropHyperliquid: Season 2 · farm board+$6 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 MEXC is 0.090% cheaper against Hyperliquid than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.075%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.130% in total (about -6.8% 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid WLD | 0.4661 | 0.0588 | pay 0.0073% / 1h | 32m 16s | $52.0M | $44.0M | 10x |
| Short | MEXC WLD_USDT | 0.4653 | 0.0100 | get 0.0100% / 8h | 6h 32m | $46.9M | $55.6M | 300x |
Hyperliquid WLD
MEXC WLD_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$102.39
- Price spread: −0.165% → −0.075%
- −$9.05
- Slippage, 4 orders
- −$10.81
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$131.24
- Costs to cover
- 0.198%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 11 min ago; MEXC: live order book, 2 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, 11 min ago | 0.75 bp | 6.9 bp −$7 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 1.08 bp | 1.1 bp −$1 | 5.3 bp −$53 | 22.1 bp −$2,208 | 73.5 bp −$36.8K |
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 | −0.981% | $6K | $185K | 5.5x | as long as short |
| Kalshi KXWLDPERP | −0.0161% | 8h | 0.4624 | −0.787% | $39K | $4.4M | 1.7x | as long as short |
| KuCoin WLDUSDTM | −0.0049% | 8h | 0.4649 | −0.251% | $7.0M | $11.5M | 50x | as long as short |
| Nado WLD-PERP | −0.0013% | 1h | 0.4654 | −0.144% | $270K | $178K | 5x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4649 | −0.256% | $159K | $19K | 10x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4655 | −0.126% | $56K | — | 150x | as long as short |
| Gate WLD_USDT | +0.0035% | 8h | 0.4653 | −0.165% | $7.3M | $37.4M | 75x | as long as short |
| ApeX Omni WLDUSDT | +0.0047% | 1h | 0.4642 | −0.401% | $51K | $240K | 50x | as long as short |
| Orderly PERP_WLD_USDC | +0.0057% | 8h | 0.4655 | −0.122% | $28K | $897K | 10x | as long as short |
| Phoenix WLD | +0.0068% | 1h | 0.4623 | −0.802% | $5K | $54K | 10x | as long as short |
Injective WLD/USDC PERP
Kalshi KXWLDPERP
KuCoin WLDUSDTM
Nado WLD-PERP
dYdX WLD-USD
gTrade (Gains Network) WLD/USD
Gate WLD_USDT
ApeX Omni WLDUSDT
Orderly PERP_WLD_USDC
Phoenix WLDShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster WLDUSDT | +0.0100% | 8h | 0.4648 | −0.279% | $178K | $1.0M | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4648 | −0.283% | $57K | $509K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4652 | −0.189% | $88.3M | $323.6M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4655 | −0.122% | $66.5M | $86.9M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4654 | −0.144% | $35.0M | $151.7M | 50x | as long as short |
| MEXC WLD_USDTshort | +0.0100% | 8h | 0.4653 | −0.165% | $46.9M | $55.6M | 300x | |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4653 | −0.165% | $30.9M | $28.9M | 75x | as long as short |
| BingX WLD-USDC | +0.0100% | 8h | 0.4654 | −0.144% | — | $1.3M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4621 | −0.845% | $139K | $293K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4642 | −0.406% | $2.1M | $1.7M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4639 | −0.456% | $28K | $318K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4646 | −0.317% | $610K | $1.9M | 10x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4655 | −0.131% | $51K | $2.1M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4637 | −0.509% | $23K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4653 | −0.165% | $221 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4618 | −0.916% | $874K | $1.9M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4620 | −0.873% | $1.8M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4652 | −0.180% | $214K | $883K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4654 | −0.133% | $32K | $600 | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4653 | −0.170% | — | — | 20x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0230% / S −0.1538% | 1h | 0.4654 | −0.150% | $6K | — | 100x | as long as short |
| 01 Exchange WLDUSD | +0.0256% | 1h | 0.4653 | −0.157% | $333 | $77 | 5x | as long as short |
| Deribit WLD_USDC-PERPETUAL | +0.0395% | 1h | 0.4656 | −0.101% | $129K | $910K | 25x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0456% | 1h | 0.4656 | −0.101% | $277K | $1.7M | 50x | as long as short |
| Hyperliquid WLDlong | +0.0588% | 1h | 0.4661 | long leg | $52.0M | $44.0M | 10x | |
| Kraken Futures PF_WLDUSD | +0.0643% | 1h | 0.4655 | −0.123% | $909K | $2.8M | 50x | as long as short |
| Lighter WLD | +0.0848% | 1h | 0.4658 | −0.058% | $5.3M | $2.1M | 10x | as long as short |
Aster WLDUSDT
Pacifica WLD
Binance WLDUSDT
Bybit WLDUSDT
OKX WLD-USDT-SWAP
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
Extended WLD-USD
Aevo WLD-PERP
Reya WLDRUSDPERP
GMX WLD/USD [ETH-USDC]
01 Exchange WLDUSD
Deribit WLD_USDC-PERPETUAL
Coinbase International WLD-PERP-INTX
Kraken Futures PF_WLDUSD
Lighter WLD