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

W

all W markets
SwapPrice view
Alert
Funding spread now, next payment 19:00 UTC−0.0004%/8h
next payment, per $10,000$0.00paid, last 24h−0.001%paid, last 7 days+0.021%to open and close $10k−$189
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended W-USD0.011750.0104pay 0.0013% / 1h14m 54s$59K$276K5x
ShortHyperliquid W0.011750.0100get 0.0013% / 1h14m 54s$2.0M$571K5x

Funding history

latest
Range statsloading…

Funding on every exchange

click an exchange to add or hide it
latest

Profit calculator

Funding earned
−$0.84
Slippage, 4 orders
−$175.39
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$190.23
Break-even
never at this rate
Slippage from Extended: live order book, 40 min ago; Hyperliquid: live order book, 7 min ago.

Price risk

price view
Price gap now
−0.001%
Avg gap 7d
+0.049%
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 Extended live order book, 40 min ago3.00 bp112.8 bp −$113434.6 bp −$4,346doesn't fitdoesn't fit
Sell Hyperliquid live order book, 7 min ago8.50 bp27.2 bp −$27doesn't fitdoesn't fitdoesn't fit

W on 16 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Deribit W_USDC-PERPETUAL0.0000%1h$18K$35110xas long as short
Coinbase International W-PERP-INTX+0.0024%1h$14K$20K50xas long as short
Injective W/USDC PERP+0.0033%1h$1K$23K12xas long as short
Hyperliquid Wshort+0.0100%1h$2.0M$571K5x
Binance WUSDT+0.0100%4h$3.0M$8.1M50xas long as short
Bybit WUSDT+0.0100%4h$4.1M$2.2M50xas long as short
OKX W-USDT-SWAP+0.0100%4h$1.3M$2.3M20xas long as short
Gate W_USDT+0.0100%4h$445K$326K75xas long as short
MEXC W_USDT+0.0100%4h$12.2M$1.5M50xas long as short
KuCoin WUSDTM+0.0100%4h$416K$244K50xas long as short
Show all 16 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Bitget WUSDT+0.0100%4h$1.2M$581K50xas long as short
BingX W-USDT+0.0100%4h$6.9Mas long as short
Backpack W_USDC_PERP+0.0100%1h$39K$47K15xas long as short
Variational Omni W+0.0100%4h$71K$42Kas long as short
Extended W-USDlong+0.0104%1h$59K$276K5x
Kraken Futures PF_WUSD+0.0897%1h$146K$194K20xas long as short