data as of
Settings8H · net · $10k
Funding arb /

W

all W markets
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Funding spread now, next payment 16:00 UTC0.0000%/8h
paid, last 24h0.000%paid, last 7 days+0.020%to open and close $10k−$122
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit WUSDT0.011710.0100pay 0.0050% / 4h15m 20s$4.1M$2.3M50x
ShortHyperliquid W0.011740.0100get 0.0013% / 1h15m 20s$2.0M$668K5x

Funding history

latest
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Funding on every exchange

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latest

Profit calculator

Funding earned
$0
Slippage, 4 orders
−$101.75
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$121.75
Break-even
never at this rate
Slippage from Bybit: live order book, 4 min ago; Hyperliquid: live order book, 7 min ago.

Price risk

price view
Price gap now
+0.239%
Avg gap 7d
+0.124%
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 4 min ago4.70 bp36.0 bp −$36220.8 bp −$2,208doesn't fitdoesn't fit
Sell Hyperliquid live order book, 7 min ago8.53 bp24.3 bp −$24doesn't fitdoesn't fitdoesn't fit

W on 16 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Backpack W_USDC_PERP−0.0637%1h$39K$48K15xas long as short
Deribit W_USDC-PERPETUAL0.0000%1h$18K$35110xas long as short
OKX W-USDT-SWAP+0.0023%4h$1.3M$2.3M20xas long as short
Injective W/USDC PERP+0.0033%1h$1K$36K12xas long as short
Hyperliquid Wshort+0.0100%1h$2.0M$668K5x
Binance WUSDT+0.0100%4h$2.9M$8.4M50xas long as short
Bybit WUSDTlong+0.0100%4h$4.1M$2.3M50x
Gate W_USDT+0.0100%4h$438K$334K75xas long as short
MEXC W_USDT+0.0100%4h$11.6M$1.3M50xas long as short
KuCoin WUSDTM+0.0100%4h$410K$245K50xas long as short
Show all 16 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Bitget WUSDT+0.0100%4h$1.2M$584K50xas long as short
BingX W-USDT+0.0100%4h$7.1Mas long as short
Variational Omni W+0.0100%4h$82K$30Kas long as short
Extended W-USD+0.0104%1h$59K$276K5xas long as short
Coinbase International W-PERP-INTX+0.0192%1h$14K$23K50xas long as short
Kraken Futures PF_WUSD+0.0742%1h$148K$192K20xas long as short