Funding you earn now, next payment 22:00 UTC−0.0120%/8h= −13.1% APRpaid last 24h −0.003%
Price spread now: Hyperliquid against BloFin−0.002%7-day average +0.073% · you buy dearer than you sell
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$380.380% of the position
Funding, last 7 days−0.124%−$12 on $10k
+Price spread, last 3 days (all we have)−0.247%−$25 · spread now −0.002%, 7d avg +0.073%
=Together, before fees−0.370%+ Points / potential airdropHyperliquid: Season 2 · farm board−$37 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Hyperliquid is 0.076% cheaper against BloFin than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.073%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin WLD-USDT | 0.4549 | 0.0220 | pay 0.0220% / 8h | 2h 22m | $4.9M | $809K | 75x |
| Short | Hyperliquid WLD | 0.4549 | 0.0100 | get 0.0013% / 1h | 22m 44s | $46.6M | $41.1M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against BloFin. 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
- −$25.2
- Price spread: −0.002% → +0.073%
- −$7.57
- Slippage, 4 orders
- −$17.03
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$70.79
- Costs to cover
- 0.380%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 6 min ago; Hyperliquid: live order book, 11 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 BloFin live order book, 6 min ago | 5.48 bp | 11.6 bp −$12 | 17.7 bp −$177 | 45.5 bp −$4,545 | 132.1 bp −$66.1K |
| Sell Hyperliquid live order book, 11 min ago | 0.66 bp | 7.4 bp −$7 | 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 | −0.0438% | 8h | 0.4560 | +0.242% | $44K | $3.8M | 1.7x | as long as short |
| Orderly PERP_WLD_USDC | −0.0023% | 8h | 0.4552 | +0.066% | $28K | $917K | 10x | as long as short |
| Variational Omni WLD | −0.0017% | 8h | 0.4577 | +0.623% | $2.1M | $1.6M | — | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4549 | −0.004% | $155K | $6K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4552 | +0.066% | $128K | $903K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4552 | +0.076% | $57K | — | 150x | as long as short |
| KuCoin WLDUSDTM | +0.0007% | 8h | 0.4536 | −0.286% | $7.0M | $10.7M | 50x | as long as short |
| Nado WLD-PERP | +0.0035% | 1h | 0.4556 | +0.165% | $272K | $168K | 5x | as long as short |
| Phoenix WLD | +0.0052% | 1h | 0.4563 | +0.308% | $5K | $52K | 10x | as long as short |
| OKX WLD-USDT-SWAP | +0.0071% | 8h | 0.4551 | +0.044% | $34.0M | $138.4M | 50x | as long as short |
Show all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid WLDshort | +0.0100% | 1h | 0.4549 | −0.002% | $46.6M | $41.1M | 10x | |
| Aster WLDUSDT | +0.0100% | 8h | 0.4552 | +0.066% | $215K | $981K | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4551 | +0.040% | $51K | $483K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4549 | 0.000% | $85.5M | $292.9M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4551 | +0.044% | $65.0M | $80.2M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4545 | −0.088% | $7.4M | $34.6M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4552 | +0.066% | $53.7M | $47.5M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4547 | −0.044% | $30.1M | $25.2M | 75x | as long as short |
| BingX WLD-USDC | +0.0100% | 8h | 0.4545 | −0.088% | — | $1.3M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4550 | +0.015% | $129K | $272K | 10x | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4569 | +0.446% | $27K | $314K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4575 | +0.570% | $613K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4572 | +0.506% | $55K | $227K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4557 | +0.180% | $54K | $1.7M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4565 | +0.352% | $23K | $1.5M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4550 | +0.022% | $197 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4558 | +0.198% | $860K | $1.8M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4550 | +0.022% | $1.8M | $3.8M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4544 | −0.112% | $133K | $745K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4552 | +0.077% | $31K | $5K | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4557 | +0.182% | — | — | 20x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0217% / S −0.0307% | 1h | 0.4552 | +0.069% | $12K | — | 100x | as long as short |
| BloFin WLD-USDTlong | +0.0220% | 8h | 0.4549 | long leg | $4.9M | $809K | 75x | |
| Injective WLD/USDC PERP | +0.0374% | 1h | 0.4622 | +1.605% | $6K | $139K | 5.5x | as long as short |
| 01 Exchange WLDUSD | +0.0384% | 1h | 0.4562 | +0.290% | $326 | $77 | 5x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0400% | 1h | 0.4578 | +0.638% | $280K | $1.6M | 50x | as long as short |
| Lighter WLD | +0.1000% | 1h | 0.4560 | +0.237% | $5.1M | $2.0M | 10x | as long as short |
| Kraken Futures PF_WLDUSD | +0.1095% | 1h | 0.4554 | +0.103% | $922K | $2.6M | 50x | as long as short |
BloFin WLD-USDT
Hyperliquid WLD
Kalshi KXWLDPERP
Variational Omni WLD
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
KuCoin WLDUSDTM
Phoenix WLD
OKX WLD-USDT-SWAP
Aster WLDUSDT
Pacifica WLD
Binance WLDUSDT
Bybit WLDUSDT
Gate WLD_USDT
MEXC WLD_USDT
Bitget WLDUSDT
BingX WLD-USDC
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
Extended WLD-USD
GMX WLD/USD [ETH-USDC]
Injective WLD/USDC PERP
01 Exchange WLDUSD
Coinbase International WLD-PERP-INTX
Lighter WLD
Kraken Futures PF_WLDUSD