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

WLD

all WLD markets
SwapBacktest
Alert: funding
Alert: spread
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 − costsunder 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
What this pair did over the last
the charts below follow
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid WLD0.45200.0398pay 0.0050% / 1h14m 32s$50.2M$43.3M10x
ShortNado WLD-PERP0.4515−0.0018pay 0.0002% / 1h14m 32s$234K$175K5x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Hyperliquid live order book, 9 min ago0.44 bp7.6 bp −$8doesn't fitdoesn't fitdoesn't fit
Sell Nado live order book, 23 min ago5.42 bp9.1 bp −$928.0 bp −$280doesn'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
Injective WLD/USDC PERP−0.0309%1h0.4508−0.272%$6K$185K5.5xas long as short
Nado WLD-PERPshort−0.0018%1h0.4515−0.128%$234K$175K5x
dYdX WLD-USD0.0000%1h0.4518−0.043%$154K$32K10xas long as short
Kalshi KXWLDPERP0.0000%8h0.4514−0.139%$51K$4.6M1.7xas long as short
Deribit WLD_USDC-PERPETUAL0.0000%1h0.4513−0.161%$136K$986K25xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4512−0.184%$65K150xas long as short
Orderly PERP_WLD_USDC+0.0099%8h0.4511−0.206%$27K$675K10xas long as short
Aster WLDUSDT+0.0100%8h0.4520−0.010%$228K$1.0M50xas long as short
Pacifica WLD+0.0100%1h0.4520−0.016%$54K$546K5xas long as short
Binance WLDUSDT+0.0100%8h0.4516−0.101%$86.5M$333.6M75xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit WLDUSDT+0.0100%8h0.4513−0.161%$63.9M$89.5M50xas long as short
OKX WLD-USDT-SWAP+0.0100%8h0.4514−0.139%$34.1M$151.1M50xas long as short
Gate WLD_USDT+0.0100%8h0.4515−0.117%$7.0M$35.9M75xas long as short
MEXC WLD_USDT+0.0100%8h0.4517−0.073%$41.4M$57.0M300xas long as short
KuCoin WLDUSDTM+0.0100%8h0.4518−0.051%$6.6M$11.6M50xas long as short
Bitget WLDUSDT+0.0100%8h0.4515−0.117%$29.8M$30.9M75xas long as short
BingX WLD-USDT+0.0100%8h0.4515−0.117%$72.6Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4515−0.128%$131K$298K10xas long as short
Variational Omni WLD+0.0100%8h0.4512−0.188%$2.1M$1.5Mas long as short
edgeX WLDUSDC+0.0100%4h0.4508−0.276%$27K$322K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4507−0.286%$606K$2.1M10xas long as short
ApeX Omni WLDUSDT+0.0100%1h0.4512−0.184%$48K$238K50xas long as short
Polymarket Perps WLD-USD+0.0100%1h0.4516−0.100%$50K$2.7M10xas long as short
SunX WLD-USDT+0.0100%8h0.4520−0.007%$23K$1.6M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4512−0.184%$217$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4511−0.206%$825K$1.5M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4512−0.184%$1.7M$3.6M50xas long as short
Extended WLD-USD+0.0104%1h0.4513−0.152%$208K$880K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4513−0.161%$31K$5003xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4508−0.264%20xas long as short
Lighter WLD+0.0176%1h0.4523+0.069%$4.9M$2.9M10xas long as short
Phoenix WLD+0.0177%1h0.4507−0.290%$4K$43K10xas long as short
01 Exchange WLDUSD+0.0216%1h0.4517−0.066%$323$555xas long as short
GMX WLD/USD [ETH-USDC]L +0.0219% / S −0.0967%1h0.4511−0.203%$4K100xas long as short
BloFin WLD-USDT+0.0220%8h0.4510−0.228%$4.8M$901K75xas long as short
Hyperliquid WLDlong+0.0398%1h0.4520long leg$50.2M$43.3M10x
Coinbase International WLD-PERP-INTX+0.0448%1h0.4516−0.095%$268K$1.6M50xas long as short
Kraken Futures PF_WLDUSD+0.0458%1h0.4514−0.138%$865K$2.8M50xas long as short