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

WLD

all WLD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 20:00 UTC+0.0030%/8hpaid last 24h −0.003%
Price spread now: Hyperliquid against BloFin−0.028%67s7-day average +0.079% · you buy dearer than you sell
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$330.331% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.124%−$12 on $10k
Price spread, last 3 days (all we have)−0.002%$0 · spread now −0.028%, 7d avg +0.079%
Together, before fees−0.126%+ Points / potential airdropHyperliquid: Season 2 · farm board−$13 on $10k · with fees, hour by hour
Funding pays, the price is against you. Hyperliquid is 0.106% cheaper against BloFin than usual: you would sell low and buy high (spread −0.028% now, against its 7-day average of +0.079%). If the spread goes back, that is −$11 on $10k: about 12 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.124%, so the current rate has only just turned in your favour. The two prices were read 67 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin WLD-USDT0.43620.0070pay 0.0070% / 8h4h 06m$4.6M$854K75x
ShortHyperliquid WLD0.43610.0100get 0.0013% / 1h6m 09s$43.6M$36.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against BloFin. 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
$6.36
Price spread: −0.028% → +0.079%
−$10.64
Slippage, 4 orders
−$12.14
Fee BloFin: 6 bp × 2 orders
−$12
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$37.42
Costs to cover
0.331%
Break-even
48.2 days
Slippage from BloFin: live order book, 2 min ago; Hyperliquid: live order book, 12 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 BloFin live order book, 2 min ago3.44 bp9.4 bp −$912.3 bp −$12325.7 bp −$2,567112.1 bp −$56.1K
Sell Hyperliquid live order book, 12 min ago0.57 bp5.6 bp −$6doesn'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
Variational Omni WLD−0.0226%8h0.4353−0.195%$2.0M$1.4Mas long as short
Bybit WLDUSDT−0.0188%8h0.4358−0.092%$62.3M$68.1M50xas long as short
Kalshi KXWLDPERP−0.0101%8h0.4361−0.023%$92K$3.6M1.7xas long as short
Nado WLD-PERP−0.0071%1h0.4359−0.080%$341K$145K5xas long as short
Phoenix WLD−0.0055%1h0.4360−0.055%$2K$47K10xas long as short
MEXC WLD_USDT−0.0050%8h0.4358−0.092%$43.5M$42.2M300xas long as short
Binance WLDUSDT−0.0047%8h0.4358−0.090%$78.3M$257.7M75xas long as short
Orderly PERP_WLD_USDC−0.0042%8h0.4360−0.046%$27K$926K10xas long as short
OKX WLD-USDT-SWAP−0.0041%8h0.4358−0.092%$32.9M$119.7M50xas long as short
KuCoin WLDUSDTM−0.0039%8h0.4359−0.069%$7.3M$9.9M50xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange WLDUSD−0.0032%1h0.4363+0.028%$312$775xas long as short
dYdX WLD-USD0.0000%1h0.4363+0.023%$149K$6K10xas long as short
Deribit WLD_USDC-PERPETUAL0.0000%1h0.4360−0.046%$123K$728K25xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4361−0.030%$56K150xas long as short
BloFin WLD-USDTlong+0.0070%8h0.4362long leg$4.6M$854K75x
Aevo WLD-PERP+0.0072%1h0.4360−0.039%$30K$5K3xas long as short
Gate WLD_USDT+0.0074%8h0.4360−0.046%$7.2M$32.6M75xas long as short
Hyperliquid WLDshort+0.0100%1h0.4361−0.028%$43.6M$36.4M10x
Aster WLDUSDT+0.0100%8h0.4360−0.041%$225K$913K50xas long as short
Pacifica WLD+0.0100%1h0.4361−0.023%$58K$454K5xas long as short
Bitget WLDUSDT+0.0100%8h0.4358−0.092%$28.5M$23.5M75xas long as short
BingX WLD-USDT+0.0100%8h0.4359−0.069%$67.5Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4361−0.028%$130K$268K10xas long as short
edgeX WLDUSDC+0.0100%4h0.4358−0.089%$26K$314K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4358−0.097%$590K$1.8M10xas long as short
ApeX Omni WLDUSDT+0.0100%1h0.4355−0.160%$60K$222K50xas long as short
Polymarket Perps WLD-USD+0.0100%1h0.4361−0.028%$57K$1.8M10xas long as short
SunX WLD-USDT+0.0100%8h0.4364+0.046%$22K$1.4M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4358−0.092%$188$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4358−0.092%$808K$1.7M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4360−0.046%$1.8M$3.8M50xas long as short
Extended WLD-USD+0.0104%1h0.4358−0.099%$148K$532K10xas long as short
Injective WLD/USDC PERP+0.0132%1h0.4344−0.413%$6K$90K5.5xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4357−0.105%20xas long as short
Lighter WLD+0.0184%1h0.4366+0.103%$4.7M$1.3M10xas long as short
GMX WLD/USD [ETH-USDC]L +0.0206% / S −0.1501%1h0.4360−0.035%$7K100xas long as short
Coinbase International WLD-PERP-INTX+0.0352%1h0.4361−0.023%$262K$1.4M50xas long as short
Kraken Futures PF_WLDUSD+0.0463%1h0.4362+0.002%$881K$2.2M50xas long as short