Funding you earn now, next payment 23:00 UTC−0.0579%/8h= −63.4% APRpaid last 24h −0.032%
Price spread now: OKX against Hyperliquid−0.246%7-day average −0.094% · you buy dearer than you sell
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$290.294% of the position
Funding, last 7 days−0.113%−$11 on $10k
+Price spread, last 7 days+0.226%+$23 · spread now −0.246%, 7d avg −0.094%
=Together, before fees+0.113%+ Points / potential airdropHyperliquid: Season 2 · farm board+$11 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and OKX is 0.151% cheaper against Hyperliquid than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of −0.094%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.113% in total (about -5.9% 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 | 0.4561 | 0.0679 | pay 0.0085% / 1h | 54m 37s | $47.7M | $41.7M | 10x |
| Short | OKX WLD-USDT-SWAP | 0.4550 | 0.0100 | get 0.0100% / 8h | 1h 54m | $34.0M | $138.9M | 50x |
Hyperliquid WLD
OKX WLD-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$121.56
- Price spread: −0.246% → −0.094%
- −$15.12
- Slippage, 4 orders
- −$10.37
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$166.04
- Costs to cover
- 0.294%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 9 min ago; OKX: live order book, 4 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 | 7.1 bp −$7 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 4 min ago | 1.11 bp | 6.3 bp −$6 | 13.7 bp −$137 | 296.2 bp −$29.6K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kalshi KXWLDPERP | −0.0468% | 8h | 0.4551 | −0.224% | $45K | $3.8M | 1.7x | as long as short |
| Injective WLD/USDC PERP | −0.0079% | 1h | 0.4522 | −0.859% | $6K | $185K | 5.5x | as long as short |
| Orderly PERP_WLD_USDC | −0.0012% | 8h | 0.4558 | −0.070% | $28K | $915K | 10x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4557 | −0.090% | $155K | $6K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4558 | −0.070% | $121K | $916K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4558 | −0.063% | $57K | — | 150x | as long as short |
| KuCoin WLDUSDTM | +0.0004% | 8h | 0.4554 | −0.158% | $7.0M | $10.7M | 50x | as long as short |
| Variational Omni WLD | +0.0035% | 8h | 0.4542 | −0.418% | $2.1M | $1.6M | — | as long as short |
| Nado WLD-PERP | +0.0049% | 1h | 0.4557 | −0.092% | $273K | $169K | 5x | as long as short |
| Phoenix WLD | +0.0052% | 1h | 0.4547 | −0.320% | $5K | $53K | 10x | as long as short |
Kalshi KXWLDPERP
Injective WLD/USDC PERP
Orderly PERP_WLD_USDC
dYdX WLD-USD
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
KuCoin WLDUSDTM
Variational Omni WLD
Nado WLD-PERP
Phoenix WLDShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster WLDUSDT | +0.0100% | 8h | 0.4554 | −0.154% | $213K | $973K | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4555 | −0.127% | $51K | $481K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4552 | −0.208% | $85.5M | $293.6M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4551 | −0.224% | $64.8M | $80.5M | 50x | as long as short |
| OKX WLD-USDT-SWAPshort | +0.0100% | 8h | 0.4550 | −0.246% | $34.0M | $138.9M | 50x | |
| Gate WLD_USDT | +0.0100% | 8h | 0.4554 | −0.158% | $7.4M | $34.6M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4554 | −0.158% | $59.8M | $49.2M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4553 | −0.180% | $30.2M | $25.1M | 75x | as long as short |
| BingX WLD-USDT | +0.0100% | 8h | 0.4554 | −0.158% | — | $68.2M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4558 | −0.061% | $129K | $270K | 10x | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4519 | −0.931% | $27K | $314K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4545 | −0.355% | $609K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4538 | −0.509% | $55K | $227K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4560 | −0.033% | $48K | $1.7M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4564 | +0.061% | $23K | $1.5M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4557 | −0.092% | $199 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4558 | −0.070% | $860K | $1.8M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4558 | −0.070% | $1.8M | $3.8M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4552 | −0.196% | $133K | $745K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4558 | −0.070% | $31K | $5K | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4557 | −0.099% | — | — | 20x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0187% | 1h | 0.4563 | +0.048% | $926K | $2.6M | 50x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4557 | −0.092% | $4.8M | $817K | 75x | as long as short |
| 01 Exchange WLDUSD | +0.0240% | 1h | 0.4555 | −0.129% | $326 | $77 | 5x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0250% / S −0.2105% | 1h | 0.4557 | −0.091% | $9K | — | 100x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0424% | 1h | 0.4531 | −0.662% | $277K | $1.6M | 50x | as long as short |
| Hyperliquid WLDlong | +0.0679% | 1h | 0.4561 | long leg | $47.7M | $41.7M | 10x | |
| Lighter WLD | +0.0784% | 1h | 0.4565 | +0.072% | $5.2M | $2.0M | 10x | as long as short |
Aster WLDUSDT
Pacifica WLD
Binance WLDUSDT
Bybit WLDUSDT
Gate WLD_USDT
MEXC WLD_USDT
Bitget WLDUSDT
BingX WLD-USDT
Backpack WLD_USDC_PERP
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
Aevo WLD-PERP
Reya WLDRUSDPERP
Kraken Futures PF_WLDUSD
BloFin WLD-USDT
01 Exchange WLDUSD
GMX WLD/USD [ETH-USDC]
Coinbase International WLD-PERP-INTX
Lighter WLD