Funding you earn now, next payment 22:00 UTC+0.0364%/8h= +39.9% APRpaid last 24h +0.033%
Price spread now: Hyperliquid against MEXC+0.132%7-day average +0.071% · you sell dearer than you buy
Net, funding: paid 7d − costs−$12as in the Funding arb table
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$250.253% of the position
Funding, last 7 days+0.129%+$13 on $10k
+Price spread, last 7 days−0.115%−$12 · spread now +0.132%, 7d avg +0.071%
=Together, before fees+0.013%+ Points / potential airdropHyperliquid: Season 2 · farm board+$1 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Hyperliquid is 0.060% dearer against MEXC than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.071%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.129% in total (about 6.7% 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 | MEXC WLD_USDT | 0.4631 | 0.0084 | pay 0.0084% / 8h | 2h 57m | $54.9M | $46.0M | 300x |
| Short | Hyperliquid WLD | 0.4637 | 0.0448 | get 0.0056% / 1h | 57m 19s | $48.3M | $40.4M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against MEXC. 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
- $76.45
- Price spread: +0.132% → +0.071%
- $6.04
- Slippage, 4 orders
- −$16.32
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $57.17
- Costs to cover
- 0.253%
- Break-even
- 1.8 days
Slippage from MEXC: live order book, 2 min ago; Hyperliquid: live order book, 6 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 MEXC live order book, 2 min ago | 1.08 bp | 1.6 bp −$2 | 6.4 bp −$64 | 46.2 bp −$4,617 | 86.5 bp −$43.2K |
| Sell Hyperliquid live order book, 6 min ago | 0.11 bp | 14.6 bp −$15 | 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 | −0.0261% | 8h | 0.4632 | +0.022% | $31K | $3.8M | 1.7x | as long as short |
| Phoenix WLD | −0.0091% | 1h | 0.4637 | +0.138% | $2K | $52K | 10x | as long as short |
| Variational Omni WLD | −0.0081% | 8h | 0.4652 | +0.444% | $2.1M | $1.7M | — | as long as short |
| Orderly PERP_WLD_USDC | −0.0029% | 8h | 0.4629 | −0.043% | $28K | $922K | 10x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4630 | −0.022% | $158K | $6K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4630 | −0.022% | $156K | $784K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4631 | −0.009% | $58K | — | 150x | as long as short |
| KuCoin WLDUSDTM | +0.0014% | 8h | 0.4627 | −0.086% | $7.0M | $10.7M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0030% | 8h | 0.4626 | −0.108% | $35.0M | $138.9M | 50x | as long as short |
| Bybit WLDUSDT | +0.0049% | 8h | 0.4631 | 0.000% | $68.2M | $79.0M | 50x | as long as short |
Show all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC WLD_USDTlong | +0.0084% | 8h | 0.4631 | long leg | $54.9M | $46.0M | 300x | |
| Binance WLDUSDT | +0.0084% | 8h | 0.4631 | −0.001% | $88.6M | $290.0M | 75x | as long as short |
| Nado WLD-PERP | +0.0100% | 1h | 0.4628 | −0.065% | $358K | $130K | 5x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4626 | −0.103% | $211K | $984K | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4627 | −0.086% | $56K | $475K | 5x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4629 | −0.043% | $7.6M | $33.8M | 75x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4627 | −0.086% | $30.5M | $25.0M | 75x | as long as short |
| BingX WLD-USDC | +0.0100% | 8h | 0.4630 | −0.022% | — | $1.3M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4631 | −0.002% | $131K | $296K | 10x | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4638 | +0.155% | $27K | $314K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4635 | +0.086% | $624K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4638 | +0.151% | $56K | $226K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4631 | +0.004% | $57K | $1.7M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4633 | +0.043% | $23K | $1.5M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4629 | −0.043% | $200 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4636 | +0.108% | $872K | $1.7M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4630 | −0.022% | $1.9M | $3.8M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4622 | −0.195% | $135K | $745K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4629 | −0.032% | $31K | $5K | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4631 | −0.009% | — | — | 20x | as long as short |
| BloFin WLD-USDT | +0.0202% | 8h | 0.4653 | +0.475% | $5.0M | $944K | 75x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0223% / S −0.1831% | 1h | 0.4631 | −0.008% | $9K | — | 100x | as long as short |
| 01 Exchange WLDUSD | +0.0232% | 1h | 0.4631 | +0.006% | $331 | $77 | 5x | as long as short |
| Injective WLD/USDC PERP | +0.0374% | 1h | 0.4647 | +0.345% | $6K | $90K | 5.5x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0400% | 1h | 0.4635 | +0.086% | $276K | $1.6M | 50x | as long as short |
| Hyperliquid WLDshort | +0.0448% | 1h | 0.4637 | +0.132% | $48.3M | $40.4M | 10x | |
| Lighter WLD | +0.0520% | 1h | 0.4637 | +0.136% | $5.1M | $1.9M | 10x | as long as short |
| Kraken Futures PF_WLDUSD | +0.1077% | 1h | 0.4633 | +0.043% | $929K | $2.5M | 50x | as long as short |
MEXC WLD_USDT
Hyperliquid WLD
Kalshi KXWLDPERP
Phoenix WLD
Variational Omni WLD
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
KuCoin WLDUSDTM
OKX WLD-USDT-SWAP
Bybit WLDUSDT
Binance WLDUSDT
Aster WLDUSDT
Pacifica WLD
Gate WLD_USDT
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
BloFin WLD-USDT
GMX WLD/USD [ETH-USDC]
01 Exchange WLDUSD
Injective WLD/USDC PERP
Coinbase International WLD-PERP-INTX
Lighter WLD
Kraken Futures PF_WLDUSD