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

WLD

all WLD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0249%/8h= +27.3% APRnext payment +$0.31 per $10,000 · paid last 24h +0.076%
Price spread now: Hyperliquid against Nado+0.261%7-day average +0.121% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$510.513% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.212%+$21 on $10k
Price spread, last 4 days (all we have)−0.310%−$31 · spread now +0.261%, 7d avg +0.121%
Together, before fees−0.098%+ Points / potential airdropNado: Active · Hyperliquid: Season 2 · farm board−$10 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Hyperliquid is 0.140% dearer against Nado than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of +0.121%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado WLD-PERP0.4556−0.0061get 0.0008% / 1h41m 04s$241K$205K5x
ShortHyperliquid WLD0.45680.0188get 0.0023% / 1h41m 04s$50.1M$43.2M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against Nado. 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
$52.35
Price spread: +0.261% → +0.121%
$14.02
Slippage, 4 orders
−$35.26
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
$15.11
Costs to cover
0.513%
Break-even
5.0 days
Slippage from Nado: live order book, 16 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 Nado live order book, 16 min ago11.37 bp17.6 bp −$1843.9 bp −$439doesn't fitdoesn't fit
Sell Hyperliquid live order book, 12 min ago0.22 bp8.0 bp −$8doesn'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
Kalshi KXWLDPERP−0.0106%8h0.4561+0.110%$62K$4.6M1.7xas long as short
Nado WLD-PERPlong−0.0061%1h0.4556long leg$241K$205K5x
KuCoin WLDUSDTM−0.0031%8h0.4559+0.066%$6.9M$11.7M50xas long as short
dYdX WLD-USD0.0000%1h0.4560+0.081%$156K$33K10xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4558+0.040%$66K150xas long as short
Injective WLD/USDC PERP+0.0014%1h0.4558+0.044%$6K$185K5.5xas long as short
01 Exchange WLDUSD+0.0048%1h0.4557+0.033%$326$805xas long as short
Orderly PERP_WLD_USDC+0.0086%8h0.4560+0.088%$28K$888K10xas long as short
Lighter WLD+0.0096%1h0.4565+0.200%$4.9M$2.4M10xas long as short
Aster WLDUSDT+0.0100%8h0.4560+0.095%$199K$1.1M50xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica WLD+0.0100%1h0.4561+0.109%$49K$528K5xas long as short
Binance WLDUSDT+0.0100%8h0.4566+0.216%$86.5M$327.3M75xas long as short
Bybit WLDUSDT+0.0100%8h0.4568+0.263%$65.1M$88.9M50xas long as short
OKX WLD-USDT-SWAP+0.0100%8h0.4569+0.285%$34.3M$149.1M50xas long as short
Gate WLD_USDT+0.0100%8h0.4564+0.176%$7.2M$36.7M75xas long as short
MEXC WLD_USDT+0.0100%8h0.4561+0.110%$44.3M$53.8M300xas long as short
Bitget WLDUSDT+0.0100%8h0.4570+0.307%$30.2M$30.1M75xas long as short
BingX WLD-USDC+0.0100%8h0.4562+0.132%$1.3Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4561+0.112%$135K$298K10xas long as short
Variational Omni WLD+0.0100%8h0.4554−0.051%$2.1M$1.7Mas long as short
edgeX WLDUSDC+0.0100%4h0.4565+0.199%$27K$318K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4565+0.198%$603K$1.9M10xas long as short
ApeX Omni WLDUSDT+0.0100%1h0.4565+0.198%$43K$239K50xas long as short
Polymarket Perps WLD-USD+0.0100%1h0.4555−0.031%$48K$2.1M10xas long as short
SunX WLD-USDT+0.0100%8h0.4561+0.110%$23K$1.6M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4559+0.066%$174$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4559+0.066%$834K$1.9M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4561+0.110%$1.8M$3.7M50xas long as short
Extended WLD-USD+0.0104%1h0.4569+0.281%$218K$981K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4561+0.117%$31K$6003xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4553−0.061%20xas long as short
Phoenix WLD+0.0158%1h0.4569+0.294%$5K$52K10xas long as short
Hyperliquid WLDshort+0.0188%1h0.4568+0.261%$50.1M$43.2M10x
Deribit WLD_USDC-PERPETUAL+0.0189%1h0.4561+0.110%$118K$927K25xas long as short
BloFin WLD-USDT+0.0220%8h0.4562+0.132%$4.9M$850K75xas long as short
GMX WLD/USD [ETH-USDC]L +0.0229% / S −0.1268%1h0.4556−0.009%$5K100xas long as short
Kraken Futures PF_WLDUSD+0.0481%1h0.4563+0.155%$883K$2.8M50xas long as short
Coinbase International WLD-PERP-INTX+0.0496%1h0.4564+0.176%$268K$1.7M50xas long as short