Funding you earn now, next payment 04:00 UTC−0.0166%/8h= −18.2% APRnext payment −$0.21 per $10,000 · paid last 24h −0.043%
Price spread now: Pacifica against Hyperliquid−0.187%7-day average −0.075% · you buy dearer than you sell
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$450.450% of the position
Funding, last 7 days−0.036%−$4 on $10k
+Price spread, last 4 days (all we have)+0.131%+$13 · spread now −0.187%, 7d avg −0.075%
=Together, before fees+0.095%+ Points / potential airdropHyperliquid: Season 2 · Pacifica: Active · farm board+$9 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Pacifica is 0.112% cheaper against Hyperliquid than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.075%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid WLD | 0.4583 | 0.0266 | pay 0.0033% / 1h | 32m 05s | $50.4M | $43.3M | 10x |
| Short | Pacifica WLD | 0.4575 | 0.0100 | get 0.0013% / 1h | 32m 05s | $49K | $528K | 5x |
Hyperliquid WLD
Pacifica WLDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica 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
- −$34.89
- Price spread: −0.187% → −0.075%
- −$11.19
- Slippage, 4 orders
- −$28
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$91.07
- Costs to cover
- 0.450%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 11 min ago; Pacifica: live order book, 27 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 | 0.88 bp | 9.3 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
| Sell Pacifica live order book, 27 min ago | 1.10 bp | 12.2 bp −$12 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kalshi KXWLDPERP | −0.0104% | 8h | 0.4572 | −0.242% | $52K | $4.6M | 1.7x | as long as short |
| Nado WLD-PERP | −0.0050% | 1h | 0.4573 | −0.209% | $242K | $205K | 5x | as long as short |
| KuCoin WLDUSDTM | −0.0023% | 8h | 0.4574 | −0.199% | $6.9M | $11.6M | 50x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4574 | −0.207% | $156K | $33K | 10x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4574 | −0.202% | $66K | — | 150x | as long as short |
| Injective WLD/USDC PERP | +0.0014% | 1h | 0.4544 | −0.853% | $6K | $185K | 5.5x | as long as short |
| 01 Exchange WLDUSD | +0.0088% | 1h | 0.4574 | −0.203% | $327 | $80 | 5x | as long as short |
| Orderly PERP_WLD_USDC | +0.0089% | 8h | 0.4575 | −0.177% | $28K | $886K | 10x | as long as short |
| Lighter WLD | +0.0096% | 1h | 0.4581 | −0.039% | $4.9M | $2.4M | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4570 | −0.293% | $210K | $1.1M | 50x | as long as short |
Kalshi KXWLDPERP
Nado WLD-PERP
KuCoin WLDUSDTM
dYdX WLD-USD
gTrade (Gains Network) WLD/USD
Injective WLD/USDC PERP
01 Exchange WLDUSD
Orderly PERP_WLD_USDC
Lighter WLD
Aster WLDUSDTShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica WLDshort | +0.0100% | 1h | 0.4575 | −0.187% | $49K | $528K | 5x | |
| Binance WLDUSDT | +0.0100% | 8h | 0.4577 | −0.129% | $86.8M | $327.7M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4576 | −0.155% | $65.1M | $89.0M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4577 | −0.133% | $34.3M | $149.7M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4576 | −0.155% | $7.2M | $36.9M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4577 | −0.133% | $44.1M | $54.1M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4576 | −0.155% | $30.2M | $30.2M | 75x | as long as short |
| BingX WLD-USDT | +0.0100% | 8h | 0.4577 | −0.133% | — | $67.4M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4578 | −0.116% | $136K | $299K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4539 | −0.969% | $2.1M | $1.7M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4550 | −0.721% | $27K | $319K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4552 | −0.679% | $600K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4554 | −0.635% | $43K | $239K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4572 | −0.253% | $43K | $2.1M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4581 | −0.046% | $23K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4577 | −0.133% | $176 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4568 | −0.329% | $835K | $1.8M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4577 | −0.133% | $1.8M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4574 | −0.203% | $220K | $981K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4577 | −0.122% | $31K | $600 | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4572 | −0.248% | — | — | 20x | as long as short |
| Phoenix WLD | +0.0158% | 1h | 0.4555 | −0.620% | $5K | $52K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | +0.0187% | 1h | 0.4577 | −0.133% | $118K | $927K | 25x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4570 | −0.286% | $4.9M | $851K | 75x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0229% / S −0.1106% | 1h | 0.4575 | −0.183% | $5K | — | 100x | as long as short |
| Hyperliquid WLDlong | +0.0266% | 1h | 0.4583 | long leg | $50.4M | $43.3M | 10x | |
| Kraken Futures PF_WLDUSD | +0.0479% | 1h | 0.4580 | −0.067% | $886K | $2.8M | 50x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0496% | 1h | 0.4552 | −0.679% | $267K | $1.7M | 50x | as long as short |
Binance WLDUSDT
Bybit WLDUSDT
OKX WLD-USDT-SWAP
Gate WLD_USDT
MEXC WLD_USDT
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
Aevo WLD-PERP
Reya WLDRUSDPERP
Phoenix WLD
Deribit WLD_USDC-PERPETUAL
BloFin WLD-USDT
GMX WLD/USD [ETH-USDC]
Kraken Futures PF_WLDUSD
Coinbase International WLD-PERP-INTX