Funding you earn now, next payment 21:00 UTC−0.0012%/8h= −1.3% APRnext payment −$0.01 per $10,000 · paid last 24h −0.007%
Price spread now: Hyperliquid against Injective+0.874%93s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.077%+$8 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
The price spread pays, funding is against you. Hyperliquid is 0.874% dearer against Injective than usual: you sell high and buy low (spread +0.874% now, against zero (this spread has no 7-day history yet)): +$87 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 8 months. Mind the row above: over the last 7 days funding on this pair paid +0.077%, so the current rate has only just turned against you. The two prices were read 93 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective WLD/USDC PERP | 0.4394 | 0.0112 | pay 0.0014% / 1h | 49m 35s | $6K | $90K | 5.5x |
| Short | Hyperliquid WLD | 0.4432 | 0.0100 | get 0.0013% / 1h | 49m 35s | $44.5M | $37.0M | 10x |
Injective WLD/USDC PERP
Hyperliquid WLDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Injective. 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
- −$2.47
- Price spread: +0.874% → 0.000%
- $87.39
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $75.9
- Costs to cover
- 0.090%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Hyperliquid: live order book, 8 min ago. Net counts fees only.
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 Injective no order-book sample | — | — | — | — | — |
| Sell Hyperliquid live order book, 8 min ago | 0.11 bp | 7.4 bp −$7 | doesn't fit | doesn't fit | doesn't fit |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni WLD | −0.0207% | 8h | 0.4437 | +0.968% | $2.0M | $1.5M | — | as long as short |
| Bybit WLDUSDT | −0.0146% | 8h | 0.4428 | +0.774% | $63.8M | $69.7M | 50x | as long as short |
| Phoenix WLD | −0.0091% | 1h | 0.4440 | +1.045% | $2K | $47K | 10x | as long as short |
| Orderly PERP_WLD_USDC | −0.0040% | 8h | 0.4440 | +1.047% | $27K | $924K | 10x | as long as short |
| KuCoin WLDUSDTM | −0.0034% | 8h | 0.4429 | +0.797% | $7.4M | $9.9M | 50x | as long as short |
| OKX WLD-USDT-SWAP | −0.0033% | 8h | 0.4424 | +0.683% | $33.5M | $123.2M | 50x | as long as short |
| Binance WLDUSDT | −0.0024% | 8h | 0.4428 | +0.782% | $80.6M | $263.1M | 75x | as long as short |
| MEXC WLD_USDT | −0.0023% | 8h | 0.4428 | +0.774% | $48.0M | $42.1M | 300x | as long as short |
| Nado WLD-PERP | −0.0020% | 1h | 0.4448 | +1.229% | $348K | $146K | 5x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4431 | +0.842% | $151K | $6K | 10x | as long as short |
Variational Omni WLD
Bybit WLDUSDT
Phoenix WLD
Orderly PERP_WLD_USDC
KuCoin WLDUSDTM
OKX WLD-USDT-SWAP
Binance WLDUSDT
MEXC WLD_USDT
Nado WLD-PERP
dYdX WLD-USDShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kalshi KXWLDPERP | 0.0000% | 8h | 0.4431 | +0.842% | $64K | $3.7M | 1.7x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4439 | +1.024% | $125K | $713K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4440 | +1.040% | $57K | — | 150x | as long as short |
| Aevo WLD-PERP | +0.0072% | 1h | 0.4439 | +1.029% | $30K | $5K | 3x | as long as short |
| Gate WLD_USDT | +0.0076% | 8h | 0.4431 | +0.842% | $7.3M | $32.3M | 75x | as long as short |
| 01 Exchange WLDUSD | +0.0080% | 1h | 0.4452 | +1.313% | $318 | $77 | 5x | as long as short |
| BloFin WLD-USDT | +0.0092% | 8h | 0.4449 | +1.252% | $4.6M | $871K | 75x | as long as short |
| Hyperliquid WLDshort | +0.0100% | 1h | 0.4432 | +0.874% | $44.5M | $37.0M | 10x | |
| Aster WLDUSDT | +0.0100% | 8h | 0.4435 | +0.929% | $231K | $892K | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4429 | +0.797% | $60K | $458K | 5x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4428 | +0.774% | $29.0M | $23.7M | 75x | as long as short |
| BingX WLD-USDC | +0.0100% | 8h | 0.4428 | +0.774% | — | $1.3M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4433 | +0.894% | $133K | $270K | 10x | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4407 | +0.295% | $26K | $314K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4418 | +0.546% | $597K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4413 | +0.432% | $61K | $222K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4447 | +1.213% | $58K | $1.7M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4440 | +1.047% | $22K | $1.4M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4436 | +0.956% | $192 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4427 | +0.751% | $823K | $1.7M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4430 | +0.819% | $1.8M | $3.8M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4428 | +0.766% | $211K | $623K | 10x | as long as short |
| Injective WLD/USDC PERPlong | +0.0112% | 1h | 0.4394 | long leg | $6K | $90K | 5.5x | |
| Lighter WLD | +0.0120% | 1h | 0.4437 | +0.988% | $4.8M | $1.3M | 10x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4443 | +1.125% | — | — | 20x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0227% / S −0.1981% | 1h | 0.4441 | +1.069% | $10K | — | 100x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0296% | 1h | 0.4441 | +1.070% | $267K | $1.5M | 50x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0377% | 1h | 0.4437 | +0.978% | $894K | $2.3M | 50x | as long as short |
Kalshi KXWLDPERP
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
Aevo WLD-PERP
Gate WLD_USDT
01 Exchange WLDUSD
BloFin WLD-USDT
Aster WLDUSDT
Pacifica WLD
Bitget WLDUSDT
BingX WLD-USDC
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
Lighter WLD
Reya WLDRUSDPERP
GMX WLD/USD [ETH-USDC]
Coinbase International WLD-PERP-INTX
Kraken Futures PF_WLDUSD