Funding you earn now, next payment 22:00 UTC+0.0186%/8h= +20.4% APRpaid last 24h +0.031%
Price spread now: Hyperliquid against KuCoin+0.121%7-day average +0.077% · you sell dearer than you buy
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$600.595% of the position
Funding, last 7 days+0.091%+$9 on $10k
+Price spread, last 7 days−0.123%−$12 · spread now +0.121%, 7d avg +0.077%
=Together, before fees−0.032%+ Points / potential airdropHyperliquid: Season 2 · farm board−$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Hyperliquid is 0.044% dearer against KuCoin than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.077%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.091% in total (about 4.7% 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 | KuCoin WLDUSDTM | 0.4549 | 0.0017 | pay 0.0017% / 8h | 2h 45m | $7.0M | $10.7M | 50x |
| Short | Hyperliquid WLD | 0.4555 | 0.0203 | get 0.0025% / 1h | 45m 46s | $47.3M | $40.5M | 10x |
KuCoin WLDUSDTM
Hyperliquid WLDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against KuCoin. 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
- $39.13
- Price spread: +0.121% → +0.077%
- $4.41
- Slippage, 4 orders
- −$38.5
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$15.97
- Costs to cover
- 0.595%
- Break-even
- 9.9 days
Slippage from KuCoin: live order book, 3 min ago; Hyperliquid: live order book, 8 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 KuCoin live order book, 3 min ago | 1.09 bp | 22.9 bp −$23 | 45.0 bp −$450 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 8 min ago | 0.11 bp | 5.9 bp −$6 | 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 | −0.0528% | 8h | 0.4557 | +0.176% | $31K | $3.8M | 1.7x | as long as short |
| Variational Omni WLD | −0.0055% | 8h | 0.4588 | +0.847% | $2.1M | $1.7M | — | as long as short |
| Orderly PERP_WLD_USDC | −0.0028% | 8h | 0.4558 | +0.198% | $28K | $918K | 10x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4553 | +0.089% | $155K | $6K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4560 | +0.242% | $153K | $759K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4559 | +0.214% | $57K | — | 150x | as long as short |
| KuCoin WLDUSDTMlong | +0.0017% | 8h | 0.4549 | long leg | $7.0M | $10.7M | 50x | |
| OKX WLD-USDT-SWAP | +0.0048% | 8h | 0.4550 | +0.022% | $34.3M | $136.8M | 50x | as long as short |
| Phoenix WLD | +0.0052% | 1h | 0.4585 | +0.800% | $5K | $52K | 10x | as long as short |
| Nado WLD-PERP | +0.0058% | 1h | 0.4553 | +0.099% | $272K | $168K | 5x | as long as short |
Kalshi KXWLDPERP
Variational Omni WLD
Orderly PERP_WLD_USDC
dYdX WLD-USD
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
OKX WLD-USDT-SWAP
Phoenix WLD
Nado WLD-PERPShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit WLDUSDT | +0.0083% | 8h | 0.4552 | +0.066% | $66.6M | $78.7M | 50x | as long as short |
| ApeX Omni WLDUSDT | +0.0084% | 1h | 0.4590 | +0.901% | $55K | $227K | 50x | as long as short |
| MEXC WLD_USDT | +0.0097% | 8h | 0.4551 | +0.044% | $53.0M | $46.7M | 300x | as long as short |
| Binance WLDUSDT | +0.0099% | 8h | 0.4553 | +0.088% | $86.1M | $290.3M | 75x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4553 | +0.097% | $208K | $974K | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4553 | +0.084% | $53K | $473K | 5x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4552 | +0.066% | $7.4M | $34.2M | 75x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4543 | −0.132% | $30.1M | $25.1M | 75x | as long as short |
| BingX WLD-USDC | +0.0100% | 8h | 0.4544 | −0.110% | — | $1.3M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4559 | +0.211% | $128K | $278K | 10x | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4558 | +0.199% | $27K | $316K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4566 | +0.376% | $618K | $1.9M | 10x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4556 | +0.163% | $55K | $1.7M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4563 | +0.308% | $22K | $1.5M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4557 | +0.176% | $198 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4558 | +0.198% | $858K | $1.7M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4558 | +0.198% | $1.9M | $3.8M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4544 | −0.119% | $133K | $745K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4559 | +0.225% | $31K | $5K | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4557 | +0.178% | — | — | 20x | as long as short |
| Hyperliquid WLDshort | +0.0203% | 1h | 0.4555 | +0.121% | $47.3M | $40.5M | 10x | |
| BloFin WLD-USDT | +0.0215% | 8h | 0.4558 | +0.198% | $5.0M | $834K | 75x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0217% / S −0.0307% | 1h | 0.4558 | +0.208% | $12K | — | 100x | as long as short |
| Injective WLD/USDC PERP | +0.0374% | 1h | 0.4622 | +1.605% | $6K | $139K | 5.5x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0400% | 1h | 0.4574 | +0.550% | $275K | $1.6M | 50x | as long as short |
| 01 Exchange WLDUSD | +0.0624% | 1h | 0.4559 | +0.222% | $326 | $77 | 5x | as long as short |
| Lighter WLD | +0.1088% | 1h | 0.4563 | +0.306% | $5.1M | $2.0M | 10x | as long as short |
| Kraken Futures PF_WLDUSD | +0.1094% | 1h | 0.4561 | +0.265% | $917K | $2.5M | 50x | as long as short |
Bybit WLDUSDT
ApeX Omni WLDUSDT
MEXC WLD_USDT
Binance WLDUSDT
Aster WLDUSDT
Pacifica WLD
Gate WLD_USDT
Bitget WLDUSDT
BingX WLD-USDC
Backpack WLD_USDC_PERP
edgeX WLDUSDC
GRVT WLD_USDT_Perp
Polymarket Perps WLD-USD
SunX WLD-USDT
SoDEX WLD-USD
HTX WLD-USDT
Phemex WLDUSDT
Extended WLD-USD
Aevo WLD-PERP
Reya WLDRUSDPERP
BloFin WLD-USDT
GMX WLD/USD [ETH-USDC]
Injective WLD/USDC PERP
Coinbase International WLD-PERP-INTX
01 Exchange WLDUSD
Lighter WLD
Kraken Futures PF_WLDUSD