Funding you earn now, next payment 08:00 UTC−0.0416%/8h= −45.6% APRnext payment −$0.52 per $10,000 · paid last 24h −0.080%
Price spread now: Nado against Hyperliquid−0.128%7-day average −0.120% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$400.405% of the position
Funding, last 4 days (all we have)−0.231%−$23 on $10k
+Price spread, last 4 days (all we have)+0.681%+$68 · spread now −0.128%, 7d avg −0.120%
=Together, before fees+0.449%+ Points / potential airdropHyperliquid: Season 2 · Nado: Active · farm board+$45 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.120%, so right now this pair is about funding alone: −$12 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid WLD | 0.4520 | 0.0398 | pay 0.0050% / 1h | 14m 32s | $50.2M | $43.3M | 10x |
| Short | Nado WLD-PERP | 0.4515 | −0.0018 | pay 0.0002% / 1h | 14m 32s | $234K | $175K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Nado 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
- −$87.46
- Price spread: −0.128% → −0.120%
- −$0.8
- Slippage, 4 orders
- −$24.45
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$128.72
- Costs to cover
- 0.405%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 9 min ago; Nado: live order book, 23 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, 9 min ago | 0.44 bp | 7.6 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
| Sell Nado live order book, 23 min ago | 5.42 bp | 9.1 bp −$9 | 28.0 bp −$280 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective WLD/USDC PERP | −0.0309% | 1h | 0.4508 | −0.272% | $6K | $185K | 5.5x | as long as short |
| Nado WLD-PERPshort | −0.0018% | 1h | 0.4515 | −0.128% | $234K | $175K | 5x | |
| dYdX WLD-USD | 0.0000% | 1h | 0.4518 | −0.043% | $154K | $32K | 10x | as long as short |
| Kalshi KXWLDPERP | 0.0000% | 8h | 0.4514 | −0.139% | $51K | $4.6M | 1.7x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4513 | −0.161% | $136K | $986K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4512 | −0.184% | $65K | — | 150x | as long as short |
| Orderly PERP_WLD_USDC | +0.0099% | 8h | 0.4511 | −0.206% | $27K | $675K | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4520 | −0.010% | $228K | $1.0M | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4520 | −0.016% | $54K | $546K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4516 | −0.101% | $86.5M | $333.6M | 75x | as long as short |
Show all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit WLDUSDT | +0.0100% | 8h | 0.4513 | −0.161% | $63.9M | $89.5M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4514 | −0.139% | $34.1M | $151.1M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4515 | −0.117% | $7.0M | $35.9M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4517 | −0.073% | $41.4M | $57.0M | 300x | as long as short |
| KuCoin WLDUSDTM | +0.0100% | 8h | 0.4518 | −0.051% | $6.6M | $11.6M | 50x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4515 | −0.117% | $29.8M | $30.9M | 75x | as long as short |
| BingX WLD-USDT | +0.0100% | 8h | 0.4515 | −0.117% | — | $72.6M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4515 | −0.128% | $131K | $298K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4512 | −0.188% | $2.1M | $1.5M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4508 | −0.276% | $27K | $322K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4507 | −0.286% | $606K | $2.1M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4512 | −0.184% | $48K | $238K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4516 | −0.100% | $50K | $2.7M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4520 | −0.007% | $23K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4512 | −0.184% | $217 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4511 | −0.206% | $825K | $1.5M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4512 | −0.184% | $1.7M | $3.6M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4513 | −0.152% | $208K | $880K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4513 | −0.161% | $31K | $500 | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4508 | −0.264% | — | — | 20x | as long as short |
| Lighter WLD | +0.0176% | 1h | 0.4523 | +0.069% | $4.9M | $2.9M | 10x | as long as short |
| Phoenix WLD | +0.0177% | 1h | 0.4507 | −0.290% | $4K | $43K | 10x | as long as short |
| 01 Exchange WLDUSD | +0.0216% | 1h | 0.4517 | −0.066% | $323 | $55 | 5x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0219% / S −0.0967% | 1h | 0.4511 | −0.203% | $4K | — | 100x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4510 | −0.228% | $4.8M | $901K | 75x | as long as short |
| Hyperliquid WLDlong | +0.0398% | 1h | 0.4520 | long leg | $50.2M | $43.3M | 10x | |
| Coinbase International WLD-PERP-INTX | +0.0448% | 1h | 0.4516 | −0.095% | $268K | $1.6M | 50x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0458% | 1h | 0.4514 | −0.138% | $865K | $2.8M | 50x | as long as short |
Hyperliquid WLD
Injective WLD/USDC PERP
Kalshi KXWLDPERP
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
Aster WLDUSDT
Pacifica WLD
Binance WLDUSDT
Bybit WLDUSDT
OKX WLD-USDT-SWAP
Gate WLD_USDT
MEXC WLD_USDT
KuCoin WLDUSDTM
Bitget WLDUSDT
BingX WLD-USDT
Backpack WLD_USDC_PERP
Variational Omni WLD
edgeX WLDUSDC
GRVT WLD_USDT_Perp
ApeX Omni WLDUSDT
Polymarket Perps WLD-USD
SunX WLD-USDT
SoDEX WLD-USD
HTX WLD-USDT
Phemex WLDUSDT
Extended WLD-USD
Lighter WLD
Phoenix WLD
01 Exchange WLDUSD
GMX WLD/USD [ETH-USDC]
BloFin WLD-USDT
Coinbase International WLD-PERP-INTX
Kraken Futures PF_WLDUSD