Funding you earn now, next payment 03:00 UTC+0.0428%/8h= +46.9% APRpaid last 24h +0.050%
Price spread now: Hyperliquid against Gate+0.177%7-day average +0.077% · you sell dearer than you buy
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$510.509% of the position
Funding, last 7 days+0.157%+$16 on $10k
+Price spread, last 7 days−0.203%−$20 · spread now +0.177%, 7d avg +0.077%
=Together, before fees−0.046%+ Points / potential airdropHyperliquid: Season 2 · farm board−$5 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and Hyperliquid is 0.100% dearer against Gate than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.077%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.157% in total (about 8.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate WLD_USDT | 0.4631 | 0.0100 | pay 0.0100% / 8h | 5h 40m | $7.2M | $36.8M | 75x |
| Short | Hyperliquid WLD | 0.4639 | 0.0528 | get 0.0066% / 1h | 40m 12s | $51.6M | $42.9M | 10x |
Gate WLD_USDT
Hyperliquid WLDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Gate. 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
- $89.86
- Price spread: +0.177% → +0.077%
- $10.04
- Slippage, 4 orders
- −$26.94
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $48.96
- Costs to cover
- 0.509%
- Break-even
- 3.2 days
Slippage from Gate: live order book, 4 min ago; Hyperliquid: live order book, 3 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 Gate live order book, 4 min ago | 2.16 bp | 16.6 bp −$17 | 38.8 bp −$388 | 57.4 bp −$5,739 | doesn't fit |
| Sell Hyperliquid live order book, 3 min ago | 0.97 bp | 9.3 bp −$9 | 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 | −0.0139% | 8h | 0.4633 | +0.043% | $58K | $4.5M | 1.7x | as long as short |
| KuCoin WLDUSDTM | −0.0038% | 8h | 0.4630 | −0.022% | $7.1M | $11.6M | 50x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4631 | +0.002% | $165K | $26K | 10x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4632 | +0.015% | $55K | — | 150x | as long as short |
| Nado WLD-PERP | +0.0059% | 1h | 0.4628 | −0.070% | $268K | $187K | 5x | as long as short |
| Orderly PERP_WLD_USDC | +0.0072% | 8h | 0.4634 | +0.065% | $28K | $893K | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4632 | +0.032% | $177K | $1.0M | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4634 | +0.058% | $51K | $508K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4632 | +0.028% | $88.0M | $324.9M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4632 | +0.022% | $66.1M | $87.8M | 50x | as long as short |
Kalshi KXWLDPERP
KuCoin WLDUSDTM
dYdX WLD-USD
gTrade (Gains Network) WLD/USD
Nado WLD-PERP
Orderly PERP_WLD_USDC
Aster WLDUSDT
Pacifica WLD
Binance WLDUSDT
Bybit WLDUSDTShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4632 | +0.022% | $35.0M | $149.2M | 50x | as long as short |
| Gate WLD_USDTlong | +0.0100% | 8h | 0.4631 | long leg | $7.2M | $36.8M | 75x | |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4632 | +0.022% | $45.7M | $54.2M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4631 | 0.000% | $30.7M | $29.4M | 75x | as long as short |
| BingX WLD-USDT | +0.0100% | 8h | 0.4632 | +0.022% | — | $67.1M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4634 | +0.067% | $138K | $288K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4632 | +0.013% | $2.1M | $1.8M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4640 | +0.198% | $28K | $317K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4659 | +0.596% | $617K | $1.8M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4646 | +0.324% | $51K | $236K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4631 | −0.002% | $54K | $2.0M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4637 | +0.130% | $23K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4631 | 0.000% | $294 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4634 | +0.065% | $846K | $1.9M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4634 | +0.065% | $1.8M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4629 | −0.039% | $213K | $927K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4632 | +0.032% | $31K | $600 | 3x | as long as short |
| 01 Exchange WLDUSD | +0.0128% | 1h | 0.4630 | −0.024% | $331 | $80 | 5x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4629 | −0.050% | — | — | 20x | as long as short |
| Phoenix WLD | +0.0172% | 1h | 0.4639 | +0.181% | $5K | $57K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | +0.0182% | 1h | 0.4635 | +0.086% | $120K | $923K | 25x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4627 | −0.086% | $5.0M | $803K | 75x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0230% / S −0.1268% | 1h | 0.4632 | +0.021% | $5K | — | 100x | as long as short |
| Lighter WLD | +0.0344% | 1h | 0.4638 | +0.149% | $5.0M | $2.3M | 10x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0480% | 1h | 0.4640 | +0.194% | $276K | $1.7M | 50x | as long as short |
| Hyperliquid WLDshort | +0.0528% | 1h | 0.4639 | +0.177% | $51.6M | $42.9M | 10x | |
| Injective WLD/USDC PERP | +0.0677% | 1h | 0.4650 | +0.410% | $6K | $185K | 5.5x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0894% | 1h | 0.4634 | +0.055% | $902K | $2.9M | 50x | as long as short |
OKX WLD-USDT-SWAP
MEXC WLD_USDT
Bitget WLDUSDT
BingX WLD-USDT
Backpack WLD_USDC_PERP
Variational Omni WLD
edgeX WLDUSDC
GRVT WLD_USDT_Perp
ApeX Omni WLDUSDT
Polymarket Perps WLD-USD
SunX WLD-USDT
SoDEX WLD-USD
HTX WLD-USDT
Phemex WLDUSDT
Extended WLD-USD
Aevo WLD-PERP
01 Exchange WLDUSD
Reya WLDRUSDPERP
Phoenix WLD
Deribit WLD_USDC-PERPETUAL
BloFin WLD-USDT
GMX WLD/USD [ETH-USDC]
Lighter WLD
Coinbase International WLD-PERP-INTX
Injective WLD/USDC PERP
Kraken Futures PF_WLDUSD