Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.017%
Price spread now: Hyperliquid against Polymarket Perps+0.031%7-day average +0.078% · you sell dearer than you buy
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$320.316% of the position
Funding, last 7 days+0.079%+$8 on $10k
+Price spread, last 7 days−0.345%−$34 · spread now +0.031%, 7d avg +0.078%
=Together, before fees−0.266%+ Points / potential airdropHyperliquid: Season 2 · farm board−$27 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Hyperliquid is 0.047% cheaper against Polymarket Perps than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.078%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps WLD-USD | 0.4525 | 0.0100 | pay 0.0013% / 1h | 13m 54s | $51K | $1.7M | 10x |
| Short | Hyperliquid WLD | 0.4526 | 0.0100 | get 0.0013% / 1h | 13m 54s | $46.4M | $41.2M | 10x |
Polymarket Perps WLD-USD
Hyperliquid WLDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Polymarket Perps. 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
- $0
- Price spread: +0.031% → +0.078%
- −$4.74
- Slippage, 4 orders
- −$14.57
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$36.31
- Costs to cover
- 0.316%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 5 min ago; Hyperliquid: live order book, 9 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 Polymarket Perps live order book, 5 min ago | 1.98 bp | 7.4 bp −$7 | 9.7 bp −$97 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 9 min ago | 1.10 bp | 11.7 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 | −0.0470% | 8h | 0.4530 | +0.117% | $45K | $3.8M | 1.7x | as long as short |
| Orderly PERP_WLD_USDC | −0.0019% | 8h | 0.4525 | +0.007% | $28K | $917K | 10x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4534 | +0.207% | $155K | $6K | 10x | as long as short |
| KuCoin WLDUSDTM | 0.0000% | 8h | 0.4521 | −0.082% | $7.0M | $10.7M | 50x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4526 | +0.029% | $123K | $911K | 25x | as long as short |
| Variational Omni WLD | +0.0001% | 8h | 0.4531 | +0.146% | $2.1M | $1.6M | — | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4527 | +0.061% | $56K | — | 150x | as long as short |
| Nado WLD-PERP | +0.0034% | 1h | 0.4523 | −0.027% | $270K | $168K | 5x | as long as short |
| Phoenix WLD | +0.0052% | 1h | 0.4542 | +0.380% | $5K | $52K | 10x | as long as short |
| OKX WLD-USDT-SWAP | +0.0079% | 8h | 0.4524 | −0.015% | $33.8M | $137.6M | 50x | as long as short |
Kalshi KXWLDPERP
Orderly PERP_WLD_USDC
dYdX WLD-USD
KuCoin WLDUSDTM
Deribit WLD_USDC-PERPETUAL
Variational Omni WLD
gTrade (Gains Network) WLD/USD
Nado WLD-PERP
Phoenix WLD
OKX WLD-USDT-SWAPShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC WLD_USDT | +0.0087% | 8h | 0.4523 | −0.038% | $52.8M | $47.8M | 300x | as long as short |
| Binance WLDUSDT | +0.0089% | 8h | 0.4524 | −0.015% | $85.0M | $292.9M | 75x | as long as short |
| Hyperliquid WLDshort | +0.0100% | 1h | 0.4526 | +0.031% | $46.4M | $41.2M | 10x | |
| Aster WLDUSDT | +0.0100% | 8h | 0.4526 | +0.029% | $214K | $982K | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4533 | +0.190% | $51K | $482K | 5x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4523 | −0.038% | $64.5M | $80.3M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4523 | −0.038% | $7.3M | $34.8M | 75x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4521 | −0.082% | $30.0M | $25.2M | 75x | as long as short |
| BingX WLD-USDT | +0.0100% | 8h | 0.4523 | −0.038% | — | $68.1M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4525 | +0.015% | $128K | $269K | 10x | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4539 | +0.318% | $27K | $316K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4539 | +0.316% | $609K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4540 | +0.338% | $55K | $226K | 50x | as long as short |
| Polymarket Perps WLD-USDlong | +0.0100% | 1h | 0.4525 | long leg | $51K | $1.7M | 10x | |
| SunX WLD-USDT | +0.0100% | 8h | 0.4531 | +0.139% | $22K | $1.5M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4525 | +0.007% | $197 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4526 | +0.029% | $854K | $1.8M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4527 | +0.051% | $1.8M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4522 | −0.057% | $132K | $745K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4525 | +0.002% | $31K | $5K | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4525 | +0.001% | — | — | 20x | as long as short |
| BloFin WLD-USDT | +0.0207% | 8h | 0.4535 | +0.228% | $4.9M | $806K | 75x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0216% / S −0.1712% | 1h | 0.4526 | +0.019% | $9K | — | 100x | as long as short |
| 01 Exchange WLDUSD | +0.0320% | 1h | 0.4528 | +0.073% | $324 | $77 | 5x | as long as short |
| Injective WLD/USDC PERP | +0.0374% | 1h | 0.4542 | +0.382% | $6K | $185K | 5.5x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0400% | 1h | 0.4533 | +0.183% | $278K | $1.6M | 50x | as long as short |
| Lighter WLD | +0.0960% | 1h | 0.4536 | +0.248% | $5.1M | $2.1M | 10x | as long as short |
| Kraken Futures PF_WLDUSD | +0.1101% | 1h | 0.4529 | +0.102% | $922K | $2.6M | 50x | as long as short |
MEXC WLD_USDT
Binance WLDUSDT
Aster WLDUSDT
Pacifica WLD
Bybit WLDUSDT
Gate WLD_USDT
Bitget WLDUSDT
BingX WLD-USDT
Backpack WLD_USDC_PERP
edgeX WLDUSDC
GRVT WLD_USDT_Perp
ApeX Omni WLDUSDT
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]
01 Exchange WLDUSD
Injective WLD/USDC PERP
Coinbase International WLD-PERP-INTX
Lighter WLD
Kraken Futures PF_WLDUSD