Funding you earn now, next payment 07:00 UTC−0.0206%/8h= −22.6% APRnext payment −$0.26 per $10,000 · paid last 24h +0.085%
Price spread now: Hyperliquid against Kraken Futures−0.100%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.252%+$25 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
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Hyperliquid is 0.100% cheaper against Kraken Futures than usual: you would sell low and buy high (−$10 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.252%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_WLFIUSD | 0.05773 | 0.0306 | pay 0.0038% / 1h | 37m 00s | $97K | $90K | 20x |
| Short | Hyperliquid WLFI | 0.05767 | 0.0100 | get 0.0013% / 1h | 37m 00s | $10.5M | $1.3M | 5x |
Kraken Futures PF_WLFIUSD
Hyperliquid WLFIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Kraken Futures. 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
- −$43.36
- Price spread: −0.100% → 0.000%
- −$9.96
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$72.32
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Hyperliquid: live order book, 5 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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell Hyperliquid live order book, 5 min ago | 0.69 bp | 7.9 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
Kraken Futures: 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.
WLFI on 32 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International WLFI-PERP-INTX | −0.0312% | 1h | 0.05737 | −0.619% | $32K | $15K | 50x | as long as short |
| Reya WLFIRUSDPERP | 0.0000% | 1h | 0.06046 | +4.726% | — | — | — | as long as short |
| dYdX WLFI-USD | +0.0004% | 1h | 0.05767 | −0.102% | $11K | $943 | 5x | as long as short |
| gTrade (Gains Network) WLFI/USD | L +0.0005% / S −0.0005% | 1h | 0.05765 | −0.141% | $315 | — | 150x | as long as short |
| Injective WLFI/USDC PERP | +0.0033% | 1h | 0.05716 | −0.983% | $6K | $77K | 5.5x | as long as short |
| Lighter WLFI | +0.0096% | 1h | 0.05764 | −0.152% | $1.0M | $460K | 5x | as long as short |
| Paradex WLFI-USD-PERP | +0.0099% | 8h | 0.05764 | −0.158% | $2K | $118 | 5x | as long as short |
| Nado WLFI-PERP | +0.0100% | 1h | 0.05765 | −0.126% | $82K | $24K | 5x | as long as short |
| Hyperliquid WLFIshort | +0.0100% | 1h | 0.05767 | −0.100% | $10.5M | $1.3M | 5x | |
| Aster WLFIUSDT | +0.0100% | 4h | 0.05770 | −0.042% | $1.6M | $535K | 20x | as long as short |
Coinbase International WLFI-PERP-INTX
Reya WLFIRUSDPERP
dYdX WLFI-USD
gTrade (Gains Network) WLFI/USD
Injective WLFI/USDC PERP
Lighter WLFI
Paradex WLFI-USD-PERP
Nado WLFI-PERP
Aster WLFIUSDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica WLFI | +0.0100% | 1h | 0.05765 | −0.138% | $246K | $14K | 5x | as long as short |
| Binance WLFIUSDT | +0.0100% | 4h | 0.05775 | +0.039% | $139.4M | $42.8M | 75x | as long as short |
| Bybit WLFIUSDT | +0.0100% | 4h | 0.05769 | −0.065% | $21.1M | $19.3M | 75x | as long as short |
| OKX WLFI-USDT-SWAP | +0.0100% | 4h | 0.05771 | −0.030% | $7.7M | $13.5M | 50x | as long as short |
| Arcus WLFI-USD | +0.0100% | 1h | 0.05770 | −0.056% | $7K | $8K | 5x | as long as short |
| Gate WLFI_USDT | +0.0100% | 4h | 0.05768 | −0.082% | $3.5M | $3.1M | 75x | as long as short |
| MEXC WLFI_USDT | +0.0100% | 4h | 0.05778 | +0.091% | $13.8M | $20.0M | 100x | as long as short |
| KuCoin WLFIUSDTM | +0.0100% | 4h | 0.05771 | −0.030% | $3.3M | $1.2M | 75x | as long as short |
| Bitget WLFIUSDT | +0.0100% | 4h | 0.05771 | −0.030% | $7.9M | $3.5M | 75x | as long as short |
| BingX WLFI-USDC | +0.0100% | 4h | 0.05769 | −0.065% | — | $2.3M | — | as long as short |
| Backpack WLFI_USDC_PERP | +0.0100% | 1h | 0.05770 | −0.048% | $240K | $26K | 10x | as long as short |
| Variational Omni WLFI | +0.0100% | 4h | 0.05757 | −0.264% | $450K | $40K | — | as long as short |
| GRVT WLFI_USDT_Perp | +0.0100% | 4h | 0.05770 | −0.053% | $285K | $1.9M | 10x | as long as short |
| ApeX Omni WLFIUSDT | +0.0100% | 1h | 0.05760 | −0.221% | $33K | $38K | 50x | as long as short |
| SunX WLFI-USDT | +0.0100% | 4h | 0.05780 | +0.126% | $39K | $1.7M | 20x | as long as short |
| SoDEX WLFI-USD | +0.0100% | 1h | 0.05770 | −0.048% | $81 | $5K | 5x | as long as short |
| Extended WLFI-USD | +0.0104% | 1h | 0.05770 | −0.046% | $173K | $738K | 10x | as long as short |
| 01 Exchange WLFIUSD | +0.0288% | 1h | 0.05773 | +0.004% | $4K | $319 | 3x | as long as short |
| GMX WLFI/USD [ETH-USDC] | L +0.0303% / S −0.1371% | 1h | 0.05766 | −0.110% | $7K | — | 100x | as long as short |
| Kraken Futures PF_WLFIUSDlong | +0.0306% | 1h | 0.05773 | long leg | $97K | $90K | 20x | |
| BloFin WLFI-USDT | +0.0340% | 4h | 0.05773 | +0.004% | $4.8M | $85K | 75x | as long as short |
| Deribit WLFI_USDC-PERPETUAL | +0.0443% | 1h | 0.05774 | +0.022% | $524 | $11K | 10x | as long as short |
Pacifica WLFI
Binance WLFIUSDT
Bybit WLFIUSDT
OKX WLFI-USDT-SWAP
Arcus WLFI-USD
Gate WLFI_USDT
MEXC WLFI_USDT
KuCoin WLFIUSDTM
Bitget WLFIUSDT
BingX WLFI-USDC
Backpack WLFI_USDC_PERP
Variational Omni WLFI
GRVT WLFI_USDT_Perp
ApeX Omni WLFIUSDT
SunX WLFI-USDT
SoDEX WLFI-USD
Extended WLFI-USD
01 Exchange WLFIUSD
GMX WLFI/USD [ETH-USDC]
BloFin WLFI-USDT
Deribit WLFI_USDC-PERPETUAL