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

WLD

all WLD markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin WLD-USDT0.45490.0220pay 0.0220% / 8h2h 22m$4.9M$809K75x
ShortHyperliquid WLD0.45490.0100get 0.0013% / 1h22m 44s$46.6M$41.1M10x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 6 min ago5.48 bp11.6 bp −$1217.7 bp −$17745.5 bp −$4,545132.1 bp −$66.1K
Sell Hyperliquid live order book, 11 min ago0.66 bp7.4 bp −$7doesn'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−0.0438%8h0.4560+0.242%$44K$3.8M1.7xas long as short
Orderly PERP_WLD_USDC−0.0023%8h0.4552+0.066%$28K$917K10xas long as short
Variational Omni WLD−0.0017%8h0.4577+0.623%$2.1M$1.6Mas long as short
dYdX WLD-USD0.0000%1h0.4549−0.004%$155K$6K10xas long as short
Deribit WLD_USDC-PERPETUAL0.0000%1h0.4552+0.066%$128K$903K25xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4552+0.076%$57K150xas long as short
KuCoin WLDUSDTM+0.0007%8h0.4536−0.286%$7.0M$10.7M50xas long as short
Nado WLD-PERP+0.0035%1h0.4556+0.165%$272K$168K5xas long as short
Phoenix WLD+0.0052%1h0.4563+0.308%$5K$52K10xas long as short
OKX WLD-USDT-SWAP+0.0071%8h0.4551+0.044%$34.0M$138.4M50xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid WLDshort+0.0100%1h0.4549−0.002%$46.6M$41.1M10x
Aster WLDUSDT+0.0100%8h0.4552+0.066%$215K$981K50xas long as short
Pacifica WLD+0.0100%1h0.4551+0.040%$51K$483K5xas long as short
Binance WLDUSDT+0.0100%8h0.45490.000%$85.5M$292.9M75xas long as short
Bybit WLDUSDT+0.0100%8h0.4551+0.044%$65.0M$80.2M50xas long as short
Gate WLD_USDT+0.0100%8h0.4545−0.088%$7.4M$34.6M75xas long as short
MEXC WLD_USDT+0.0100%8h0.4552+0.066%$53.7M$47.5M300xas long as short
Bitget WLDUSDT+0.0100%8h0.4547−0.044%$30.1M$25.2M75xas long as short
BingX WLD-USDC+0.0100%8h0.4545−0.088%$1.3Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4550+0.015%$129K$272K10xas long as short
edgeX WLDUSDC+0.0100%4h0.4569+0.446%$27K$314K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4575+0.570%$613K$1.9M10xas long as short
ApeX Omni WLDUSDT+0.0100%1h0.4572+0.506%$55K$227K50xas long as short
Polymarket Perps WLD-USD+0.0100%1h0.4557+0.180%$54K$1.7M10xas long as short
SunX WLD-USDT+0.0100%8h0.4565+0.352%$23K$1.5M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4550+0.022%$197$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4558+0.198%$860K$1.8M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4550+0.022%$1.8M$3.8M50xas long as short
Extended WLD-USD+0.0104%1h0.4544−0.112%$133K$745K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4552+0.077%$31K$5K3xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4557+0.182%20xas long as short
GMX WLD/USD [ETH-USDC]L +0.0217% / S −0.0307%1h0.4552+0.069%$12K100xas long as short
BloFin WLD-USDTlong+0.0220%8h0.4549long leg$4.9M$809K75x
Injective WLD/USDC PERP+0.0374%1h0.4622+1.605%$6K$139K5.5xas long as short
01 Exchange WLDUSD+0.0384%1h0.4562+0.290%$326$775xas long as short
Coinbase International WLD-PERP-INTX+0.0400%1h0.4578+0.638%$280K$1.6M50xas long as short
Lighter WLD+0.1000%1h0.4560+0.237%$5.1M$2.0M10xas long as short
Kraken Futures PF_WLDUSD+0.1095%1h0.4554+0.103%$922K$2.6M50xas long as short