Funding you earn now, next payment 23:00 UTC−0.0827%/8h= −90.5% APRnext payment −$1.03 per $10,000 · paid last 24h −0.018%
Price spread now: Extended against Hyperliquid−0.153%7-day average −0.161% · you buy dearer than you sell
Net, funding: paid 7d − costs+$6as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$240.236% of the position
Funding, last 7 days+0.297%+$30 on $10k
+Price spread, last 4 days (all we have)−0.055%−$6 · spread now −0.153%, 7d avg −0.161%
=Together, before fees+0.242%+ Points / potential airdropHyperliquid: Season 2 · Extended: Active · farm board+$24 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.161%, so right now this pair is about funding alone: −$25 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.297%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.297% in total (about 15.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.03 per $10,000. 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 | Hyperliquid WLD | 0.4566 | 0.0931 | pay 0.0116% / 1h | 32m 06s | $49.6M | $43.1M | 10x |
| Short | Extended WLD-USD | 0.4559 | 0.0104 | get 0.0013% / 1h | 32m 06s | $239K | $855K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Hyperliquid. 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
- −$173.61
- Price spread: −0.153% → −0.161%
- $0.84
- Slippage, 4 orders
- −$9.59
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$196.37
- Costs to cover
- 0.236%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 11 min ago; Extended: live order book, 51 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 Hyperliquid live order book, 11 min ago | 0.33 bp | 9.6 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 51 min ago | 1.10 bp | 3.6 bp −$4 | 11.9 bp −$119 | 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 | −0.0359% | 8h | 0.4566 | +0.007% | $62K | $3.8M | 1.7x | as long as short |
| Injective WLD/USDC PERP | −0.0079% | 1h | 0.4623 | +1.255% | $6K | $185K | 5.5x | as long as short |
| KuCoin WLDUSDTM | −0.0004% | 8h | 0.4557 | −0.191% | $7.0M | $10.7M | 50x | as long as short |
| Orderly PERP_WLD_USDC | −0.0003% | 8h | 0.4560 | −0.125% | $28K | $913K | 10x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4568 | +0.046% | $163K | $13K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4560 | −0.125% | $107K | $900K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4561 | −0.103% | $57K | — | 150x | as long as short |
| Variational Omni WLD | +0.0056% | 8h | 0.4588 | +0.488% | $2.1M | $1.6M | — | as long as short |
| Nado WLD-PERP | +0.0064% | 1h | 0.4559 | −0.136% | $275K | $169K | 5x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4563 | −0.069% | $202K | $988K | 50x | as long as short |
Show all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica WLD | +0.0100% | 1h | 0.4572 | +0.131% | $51K | $480K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4564 | −0.037% | $86.5M | $297.0M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4563 | −0.059% | $65.4M | $81.8M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4559 | −0.147% | $34.1M | $140.6M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4560 | −0.125% | $7.4M | $35.2M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4563 | −0.059% | $48.2M | $51.6M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4558 | −0.169% | $30.1M | $25.5M | 75x | as long as short |
| BingX WLD-USDT | +0.0100% | 8h | 0.4559 | −0.147% | — | $67.8M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4561 | −0.094% | $127K | $269K | 10x | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4585 | +0.419% | $27K | $316K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4582 | +0.357% | $625K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4588 | +0.488% | $55K | $227K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4560 | −0.116% | $47K | $1.6M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4566 | +0.007% | $23K | $1.5M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4561 | −0.103% | $203 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4558 | −0.169% | $860K | $1.8M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4560 | −0.125% | $1.8M | $3.8M | 50x | as long as short |
| Extended WLD-USDshort | +0.0104% | 1h | 0.4559 | −0.153% | $239K | $855K | 10x | |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4557 | −0.186% | $31K | $5K | 3x | as long as short |
| Phoenix WLD | +0.0124% | 1h | 0.4577 | +0.250% | $5K | $53K | 10x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4559 | −0.149% | — | — | 20x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0187% | 1h | 0.4567 | +0.037% | $905K | $2.6M | 50x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4577 | +0.247% | $4.9M | $813K | 75x | as long as short |
| 01 Exchange WLDUSD | +0.0256% | 1h | 0.4568 | +0.053% | $327 | $77 | 5x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0260% / S −0.2221% | 1h | 0.4560 | −0.131% | $9K | — | 100x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0424% | 1h | 0.4562 | −0.081% | $269K | $1.6M | 50x | as long as short |
| Lighter WLD | +0.0928% | 1h | 0.4571 | +0.112% | $5.2M | $2.1M | 10x | as long as short |
| Hyperliquid WLDlong | +0.0931% | 1h | 0.4566 | long leg | $49.6M | $43.1M | 10x |
Hyperliquid WLD
Extended WLD-USD
Kalshi KXWLDPERP
Injective WLD/USDC PERP
KuCoin WLDUSDTM
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
Variational Omni WLD
Aster WLDUSDT
Pacifica WLD
Binance WLDUSDT
Bybit WLDUSDT
OKX WLD-USDT-SWAP
Gate WLD_USDT
MEXC WLD_USDT
Bitget WLDUSDT
BingX WLD-USDT
Backpack WLD_USDC_PERP
edgeX WLDUSDC
GRVT WLD_USDT_Perp
ApeX Omni WLDUSDT
Polymarket Perps WLD-USD
SunX WLD-USDT
SoDEX WLD-USD
HTX WLD-USDT
Phemex WLDUSDT
Phoenix WLD
Kraken Futures PF_WLDUSD
BloFin WLD-USDT
01 Exchange WLDUSD
GMX WLD/USD [ETH-USDC]
Coinbase International WLD-PERP-INTX
Lighter WLD