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 − costs—under 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
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%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado WLD-PERP | 0.4556 | −0.0061 | get 0.0008% / 1h | 41m 04s | $241K | $205K | 5x |
| Short | Hyperliquid WLD | 0.4568 | 0.0188 | get 0.0023% / 1h | 41m 04s | $50.1M | $43.2M | 10x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Nado live order book, 16 min ago | 11.37 bp | 17.6 bp −$18 | 43.9 bp −$439 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 12 min ago | 0.22 bp | 8.0 bp −$8 | 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 | −0.0106% | 8h | 0.4561 | +0.110% | $62K | $4.6M | 1.7x | as long as short |
| Nado WLD-PERPlong | −0.0061% | 1h | 0.4556 | long leg | $241K | $205K | 5x | |
| KuCoin WLDUSDTM | −0.0031% | 8h | 0.4559 | +0.066% | $6.9M | $11.7M | 50x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4560 | +0.081% | $156K | $33K | 10x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4558 | +0.040% | $66K | — | 150x | as long as short |
| Injective WLD/USDC PERP | +0.0014% | 1h | 0.4558 | +0.044% | $6K | $185K | 5.5x | as long as short |
| 01 Exchange WLDUSD | +0.0048% | 1h | 0.4557 | +0.033% | $326 | $80 | 5x | as long as short |
| Orderly PERP_WLD_USDC | +0.0086% | 8h | 0.4560 | +0.088% | $28K | $888K | 10x | as long as short |
| Lighter WLD | +0.0096% | 1h | 0.4565 | +0.200% | $4.9M | $2.4M | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4560 | +0.095% | $199K | $1.1M | 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 | 0.4561 | +0.109% | $49K | $528K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4566 | +0.216% | $86.5M | $327.3M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4568 | +0.263% | $65.1M | $88.9M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4569 | +0.285% | $34.3M | $149.1M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4564 | +0.176% | $7.2M | $36.7M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4561 | +0.110% | $44.3M | $53.8M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4570 | +0.307% | $30.2M | $30.1M | 75x | as long as short |
| BingX WLD-USDC | +0.0100% | 8h | 0.4562 | +0.132% | — | $1.3M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4561 | +0.112% | $135K | $298K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4554 | −0.051% | $2.1M | $1.7M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4565 | +0.199% | $27K | $318K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4565 | +0.198% | $603K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4565 | +0.198% | $43K | $239K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4555 | −0.031% | $48K | $2.1M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4561 | +0.110% | $23K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4559 | +0.066% | $174 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4559 | +0.066% | $834K | $1.9M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4561 | +0.110% | $1.8M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4569 | +0.281% | $218K | $981K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4561 | +0.117% | $31K | $600 | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4553 | −0.061% | — | — | 20x | as long as short |
| Phoenix WLD | +0.0158% | 1h | 0.4569 | +0.294% | $5K | $52K | 10x | as long as short |
| Hyperliquid WLDshort | +0.0188% | 1h | 0.4568 | +0.261% | $50.1M | $43.2M | 10x | |
| Deribit WLD_USDC-PERPETUAL | +0.0189% | 1h | 0.4561 | +0.110% | $118K | $927K | 25x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4562 | +0.132% | $4.9M | $850K | 75x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0229% / S −0.1268% | 1h | 0.4556 | −0.009% | $5K | — | 100x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0481% | 1h | 0.4563 | +0.155% | $883K | $2.8M | 50x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0496% | 1h | 0.4564 | +0.176% | $268K | $1.7M | 50x | as long as short |
Hyperliquid WLD
Kalshi KXWLDPERP
KuCoin WLDUSDTM
gTrade (Gains Network) WLD/USD
Injective WLD/USDC PERP
01 Exchange WLDUSD
Lighter WLD
Aster WLDUSDT
Pacifica WLD
Binance WLDUSDT
Bybit WLDUSDT
OKX WLD-USDT-SWAP
Gate WLD_USDT
MEXC WLD_USDT
Bitget WLDUSDT
BingX WLD-USDC
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
Phoenix WLD
Deribit WLD_USDC-PERPETUAL
BloFin WLD-USDT
GMX WLD/USD [ETH-USDC]
Kraken Futures PF_WLDUSD
Coinbase International WLD-PERP-INTX