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

WLD

all WLD markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid WLD0.45660.0931pay 0.0116% / 1h32m 06s$49.6M$43.1M10x
ShortExtended WLD-USD0.45590.0104get 0.0013% / 1h32m 06s$239K$855K10x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Hyperliquid live order book, 11 min ago0.33 bp9.6 bp −$10doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 51 min ago1.10 bp3.6 bp −$411.9 bp −$119doesn'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
Kalshi KXWLDPERP−0.0359%8h0.4566+0.007%$62K$3.8M1.7xas long as short
Injective WLD/USDC PERP−0.0079%1h0.4623+1.255%$6K$185K5.5xas long as short
KuCoin WLDUSDTM−0.0004%8h0.4557−0.191%$7.0M$10.7M50xas long as short
Orderly PERP_WLD_USDC−0.0003%8h0.4560−0.125%$28K$913K10xas long as short
dYdX WLD-USD0.0000%1h0.4568+0.046%$163K$13K10xas long as short
Deribit WLD_USDC-PERPETUAL0.0000%1h0.4560−0.125%$107K$900K25xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4561−0.103%$57K150xas long as short
Variational Omni WLD+0.0056%8h0.4588+0.488%$2.1M$1.6Mas long as short
Nado WLD-PERP+0.0064%1h0.4559−0.136%$275K$169K5xas long as short
Aster WLDUSDT+0.0100%8h0.4563−0.069%$202K$988K50xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica WLD+0.0100%1h0.4572+0.131%$51K$480K5xas long as short
Binance WLDUSDT+0.0100%8h0.4564−0.037%$86.5M$297.0M75xas long as short
Bybit WLDUSDT+0.0100%8h0.4563−0.059%$65.4M$81.8M50xas long as short
OKX WLD-USDT-SWAP+0.0100%8h0.4559−0.147%$34.1M$140.6M50xas long as short
Gate WLD_USDT+0.0100%8h0.4560−0.125%$7.4M$35.2M75xas long as short
MEXC WLD_USDT+0.0100%8h0.4563−0.059%$48.2M$51.6M300xas long as short
Bitget WLDUSDT+0.0100%8h0.4558−0.169%$30.1M$25.5M75xas long as short
BingX WLD-USDT+0.0100%8h0.4559−0.147%$67.8Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4561−0.094%$127K$269K10xas long as short
edgeX WLDUSDC+0.0100%4h0.4585+0.419%$27K$316K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4582+0.357%$625K$1.9M10xas long as short
ApeX Omni WLDUSDT+0.0100%1h0.4588+0.488%$55K$227K50xas long as short
Polymarket Perps WLD-USD+0.0100%1h0.4560−0.116%$47K$1.6M10xas long as short
SunX WLD-USDT+0.0100%8h0.4566+0.007%$23K$1.5M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4561−0.103%$203$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4558−0.169%$860K$1.8M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4560−0.125%$1.8M$3.8M50xas long as short
Extended WLD-USDshort+0.0104%1h0.4559−0.153%$239K$855K10x
Aevo WLD-PERP+0.0104%1h0.4557−0.186%$31K$5K3xas long as short
Phoenix WLD+0.0124%1h0.4577+0.250%$5K$53K10xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4559−0.149%20xas long as short
Kraken Futures PF_WLDUSD+0.0187%1h0.4567+0.037%$905K$2.6M50xas long as short
BloFin WLD-USDT+0.0220%8h0.4577+0.247%$4.9M$813K75xas long as short
01 Exchange WLDUSD+0.0256%1h0.4568+0.053%$327$775xas long as short
GMX WLD/USD [ETH-USDC]L +0.0260% / S −0.2221%1h0.4560−0.131%$9K100xas long as short
Coinbase International WLD-PERP-INTX+0.0424%1h0.4562−0.081%$269K$1.6M50xas long as short
Lighter WLD+0.0928%1h0.4571+0.112%$5.2M$2.1M10xas long as short
Hyperliquid WLDlong+0.0931%1h0.4566long leg$49.6M$43.1M10x