Settings8H · net · $10k
Funding arb · Price arb /

WLD

all WLD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0453%/8h= +49.6% APRnext payment +$0.57 per $10,000 · paid last 24h +0.066%
Price spread now: Hyperliquid against Nado+0.197%7-day average +0.118% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$450.447% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.189%+$19 on $10k
Price spread, last 3 days (all we have)−0.158%−$16 · spread now +0.197%, 7d avg +0.118%
Together, before fees+0.031%+ Points / potential airdropNado: Active · Hyperliquid: Season 2 · farm board+$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and Hyperliquid is 0.079% dearer against Nado than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.118%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado WLD-PERP0.46460.0087pay 0.0011% / 1h55m 23s$270K$178K5x
ShortHyperliquid WLD0.46550.0540get 0.0067% / 1h55m 23s$52.1M$44.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against Nado. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$95.2
Price spread: +0.197% → +0.118%
$7.89
Slippage, 4 orders
−$28.73
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
$58.36
Costs to cover
0.447%
Break-even
2.7 days
Slippage from Nado: live order book, 12 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
LegHalf-spread$10k$100k$1M$5M
Buy Nado live order book, 12 min ago11.10 bp15.2 bp −$1543.6 bp −$436doesn't fitdoesn't fit
Sell Hyperliquid live order book, 8 min ago1.17 bp6.8 bp −$7doesn't fitdoesn't fitdoesn't fit

WLD on 38 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
ApeX Omni WLDUSDT−0.2440%1h0.4679+0.705%$57K$233K50xas long as short
Injective WLD/USDC PERP−0.0235%1h0.4675+0.619%$6K$185K5.5xas long as short
Kalshi KXWLDPERP−0.0158%8h0.4645−0.027%$28K$4.2M1.7xas long as short
KuCoin WLDUSDTM−0.0024%8h0.4647+0.016%$7.0M$11.3M50xas long as short
dYdX WLD-USD0.0000%1h0.4653+0.140%$166K$12K10xas long as short
Deribit WLD_USDC-PERPETUAL0.0000%1h0.4648+0.038%$131K$909K25xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4651+0.102%$66K150xas long as short
Orderly PERP_WLD_USDC+0.0053%8h0.4652+0.124%$28K$899K10xas long as short
Nado WLD-PERPlong+0.0087%1h0.4646long leg$270K$178K5x
Aster WLDUSDT+0.0100%8h0.4652+0.122%$212K$1.0M50xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica WLD+0.0100%1h0.4647+0.008%$54K$487K5xas long as short
Binance WLDUSDT+0.0100%8h0.4651+0.110%$88.8M$316.8M75xas long as short
Bybit WLDUSDT+0.0100%8h0.4650+0.081%$66.9M$85.2M50xas long as short
OKX WLD-USDT-SWAP+0.0100%8h0.4652+0.124%$35.0M$149.9M50xas long as short
Gate WLD_USDT+0.0100%8h0.4651+0.102%$7.4M$36.3M75xas long as short
MEXC WLD_USDT+0.0100%8h0.4651+0.102%$47.4M$54.3M300xas long as short
Bitget WLDUSDT+0.0100%8h0.4654+0.167%$30.9M$28.1M75xas long as short
BingX WLD-USDC+0.0100%8h0.4651+0.102%$1.3Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4640−0.128%$140K$279K10xas long as short
Variational Omni WLD+0.0100%8h0.4647+0.011%$2.1M$1.7Mas long as short
edgeX WLDUSDC+0.0100%4h0.4676+0.643%$28K$316K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4668+0.468%$618K$1.9M10xas long as short
Polymarket Perps WLD-USD+0.0100%1h0.4651+0.109%$49K$1.8M10xas long as short
SunX WLD-USDT+0.0100%8h0.4651+0.102%$23K$1.6M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4651+0.102%$220$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4641−0.113%$880K$1.9M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4643−0.070%$1.9M$3.7M50xas long as short
Extended WLD-USD+0.0104%1h0.4650+0.079%$214K$881K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4657+0.242%$32K$6003xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4649+0.055%20xas long as short
Phoenix WLD+0.0157%1h0.4667+0.457%$5K$54K10xas long as short
BloFin WLD-USDT+0.0220%8h0.4662+0.339%$5.0M$869K75xas long as short
GMX WLD/USD [ETH-USDC]L +0.0239% / S −0.1538%1h0.4652+0.120%$6K100xas long as short
01 Exchange WLDUSD+0.0280%1h0.4652+0.119%$333$775xas long as short
Coinbase International WLD-PERP-INTX+0.0456%1h0.4650+0.081%$273K$1.7M50xas long as short
Hyperliquid WLDshort+0.0540%1h0.4655+0.197%$52.1M$44.4M10x
Kraken Futures PF_WLDUSD+0.0644%1h0.4649+0.054%$913K$2.8M50xas long as short
Lighter WLD+0.0680%1h0.4656+0.206%$5.3M$2.1M10xas long as short