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

WLD

all WLD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.022%
Price spread now: Hyperliquid against BingX+0.083%7-day average +0.085% · you sell dearer than you buy
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$320.317% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.013%+$1 on $10k
Price spread, last 7 days−0.068%−$7 · spread now +0.083%, 7d avg +0.085%
Together, before fees−0.056%+ Points / potential airdropHyperliquid: Season 2 · farm board−$6 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX WLD-USDT0.45530.0100pay 0.0100% / 8h2h 33m$67.9M
ShortHyperliquid WLD0.45570.0100get 0.0013% / 1h33m 21s$47.1M$40.7M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against BingX. 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
$0
Price spread: +0.083% → +0.085%
−$0.13
Slippage, 4 orders
−$12.75
Fee BingX: 5 bp × 2 orders
−$10
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$31.88
Costs to cover
0.317%
Break-even
never at this rate
Slippage from BingX: live order book, 11 min ago; Hyperliquid: live order book, 10 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 BingX live order book, 11 min ago2.20 bp7.2 bp −$710.6 bp −$10626.2 bp −$2,621109.2 bp −$54.6K
Sell Hyperliquid live order book, 10 min ago0.11 bp9.4 bp −$9doesn'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−0.0538%8h0.4556+0.066%$44K$3.8M1.7xas long as short
Variational Omni WLD−0.0030%8h0.4535−0.388%$2.1M$1.6Mas long as short
Orderly PERP_WLD_USDC−0.0026%8h0.4548−0.110%$28K$917K10xas long as short
dYdX WLD-USD0.0000%1h0.4553−0.004%$155K$6K10xas long as short
Deribit WLD_USDC-PERPETUAL0.0000%1h0.4548−0.110%$128K$900K25xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.45530.000%$57K150xas long as short
KuCoin WLDUSDTM+0.0020%8h0.4551−0.044%$7.0M$10.7M50xas long as short
Nado WLD-PERP+0.0045%1h0.4552−0.011%$272K$168K5xas long as short
Phoenix WLD+0.0052%1h0.4536−0.380%$5K$52K10xas long as short
OKX WLD-USDT-SWAP+0.0061%8h0.4544−0.198%$34.0M$137.8M50xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid WLDshort+0.0100%1h0.4557+0.083%$47.1M$40.7M10x
Aster WLDUSDT+0.0100%8h0.4557+0.077%$215K$981K50xas long as short
Pacifica WLD+0.0100%1h0.4554+0.025%$51K$482K5xas long as short
Binance WLDUSDT+0.0100%8h0.4552−0.032%$86.0M$291.7M75xas long as short
Bybit WLDUSDT+0.0100%8h0.4548−0.110%$65.1M$80.1M50xas long as short
Gate WLD_USDT+0.0100%8h0.45530.000%$7.5M$34.5M75xas long as short
MEXC WLD_USDT+0.0100%8h0.4551−0.044%$52.9M$47.1M300xas long as short
Bitget WLDUSDT+0.0100%8h0.4546−0.154%$30.1M$25.1M75xas long as short
BingX WLD-USDTlong+0.0100%8h0.4553long leg$67.9M
Backpack WLD_USDC_PERP+0.0100%1h0.4555+0.033%$129K$275K10xas long as short
edgeX WLDUSDC+0.0100%4h0.4538−0.330%$27K$316K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4547−0.128%$614K$1.9M10xas long as short
ApeX Omni WLDUSDT+0.0100%1h0.4543−0.220%$55K$226K50xas long as short
Polymarket Perps WLD-USD+0.0100%1h0.4552−0.026%$54K$1.7M10xas long as short
SunX WLD-USDT+0.0100%8h0.4558+0.110%$23K$1.5M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4545−0.176%$197$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4558+0.110%$860K$1.8M50xas long as short
Phemex WLDUSDT+0.0100%8h0.45530.000%$1.8M$3.8M50xas long as short
Extended WLD-USD+0.0104%1h0.4543−0.220%$133K$745K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4547−0.130%$31K$5K3xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4551−0.048%20xas long as short
GMX WLD/USD [ETH-USDC]L +0.0217% / S −0.0307%1h0.4554+0.021%$12K100xas long as short
BloFin WLD-USDT+0.0220%8h0.4539−0.307%$4.9M$801K75xas long as short
Injective WLD/USDC PERP+0.0374%1h0.4622+1.515%$6K$139K5.5xas long as short
Coinbase International WLD-PERP-INTX+0.0400%1h0.4544−0.198%$279K$1.6M50xas long as short
01 Exchange WLDUSD+0.0448%1h0.4557+0.086%$326$775xas long as short
Lighter WLD+0.1056%1h0.4563+0.226%$5.1M$2.0M10xas long as short
Kraken Futures PF_WLDUSD+0.1097%1h0.4546−0.148%$922K$2.6M50xas long as short