After costs, if the gap returns to its 7d average, $10k−$38
spread now+0.022%7d average+0.072%fees + slippage, in and out−$33spread needed0.330%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit WLD_USDC-PERPETUAL | 0.4471 | 0 | get 0.0000% / 1h | 57m 07s | $108K | $730K | 25x |
| Short | Hyperliquid WLD | 0.4472 | 0.0100 | get 0.0013% / 1h | 57m 07s | $47.2M | $37.2M | 10x |
Deribit WLD_USDC-PERPETUAL
Hyperliquid WLDPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $2.24
- Funding while held
- $3
- Slippage, 4 orders
- −$16.98
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$27.74
- Spread needed to break even
- 0.330%
Slippage from Deribit: live order book, 63 min ago; Hyperliquid: live order book, 8 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0100%
- Per $10,000 a day
- +$3.00
- Average in range /8h
- —
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 Deribit live order book, 63 min ago | 5.53 bp | 9.0 bp −$9 | 14.3 bp −$143 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 8 min ago | 0.45 bp | 7.6 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
WLD price on every exchange
against the cheapest. Click to use as the short leg.Extended0.4465cheapestReya0.4466+0.012%Nado0.4467+0.050%Aevo0.4468+0.055%Pacifica0.4468+0.059%Bybit0.4468+0.061%OKX0.4468+0.061%Gate0.4468+0.061%KuCoin0.4468+0.061%Bitget0.4468+0.061%Orderly0.4468+0.061%SoDEX0.4468+0.061%Polymarket Perps0.4469+0.077%BingX0.4469+0.084%Kalshi0.4469+0.084%Phemex0.4469+0.084%BloFin0.4469+0.084%dYdX0.4470+0.102%GMX0.4470+0.104%edgeX0.4470+0.105%MEXC0.4470+0.106%Binance0.4470+0.110%gTrade (Gains Network)0.4470+0.113%Backpack0.4471+0.129%
Extended
Reya
Nado
Aevo
Pacifica
Bybit
OKX
Gate
KuCoin
Bitget
Orderly
SoDEX
Polymarket Perps
BingX
Phemex
BloFin
dYdX
GMX
MEXC
Binance
gTrade (Gains Network)
BackpackDeribit0.4471+0.129%
Aster0.4472+0.146%
AsterHyperliquid0.4472+0.151%
SunX0.4473+0.173%Kraken Futures0.4473+0.175%Coinbase International0.4474+0.196%HTX0.4474+0.196%ApeX Omni0.4476+0.241%Lighter0.4477+0.263%Injective0.4477+0.263%Phoenix0.4478+0.285%Variational Omni0.4482+0.381%
SunX
Kraken Futures
Coinbase International
HTX
ApeX Omni
Lighter
Injective
Phoenix
Variational OmniWLD on 36 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Extended WLD-USD | −0.128% | +0.0104% | 1h | $131K | $656K | 10x | as long as short |
| Reya WLDRUSDPERP | −0.116% | +0.0134% | 1h | — | — | 20x | as long as short |
| Nado WLD-PERP | −0.078% | +0.0033% | 1h | $352K | $182K | 5x | as long as short |
| Aevo WLD-PERP | −0.073% | +0.0080% | 1h | $30K | $5K | 3x | as long as short |
| Pacifica WLD | −0.070% | +0.0100% | 1h | $72K | $480K | 5x | as long as short |
| Bybit WLDUSDT | −0.067% | −0.0052% | 8h | $64.0M | $73.5M | 50x | as long as short |
| OKX WLD-USDT-SWAP | −0.067% | −0.0007% | 8h | $34.1M | $129.4M | 50x | as long as short |
| Gate WLD_USDT | −0.067% | +0.0040% | 8h | $7.4M | $32.6M | 75x | as long as short |
| KuCoin WLDUSDTM | −0.067% | +0.0055% | 8h | $7.0M | $12.2M | 50x | as long as short |
| Bitget WLDUSDT | −0.067% | +0.0079% | 8h | $29.3M | $24.6M | 75x | as long as short |
Show all 36 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Orderly PERP_WLD_USDC | −0.067% | −0.0017% | 8h | $28K | $961K | 10x | as long as short |
| SoDEX WLD-USD | −0.067% | +0.0100% | 1h | $194 | $5K | 10x | as long as short |
| Polymarket Perps WLD-USD | −0.051% | +0.0100% | 1h | $54K | $1.5M | 10x | as long as short |
| BingX WLD-USDC | −0.045% | +0.0086% | 8h | — | $1.3M | — | as long as short |
| Kalshi KXWLDPERP | −0.045% | −0.0238% | 8h | $33K | $2.8M | 1.7x | as long as short |
| Phemex WLDUSDT | −0.045% | +0.0100% | 8h | $1.8M | $3.9M | 50x | as long as short |
| BloFin WLD-USDT | −0.045% | +0.0098% | 8h | $5.0M | $1.2M | 75x | as long as short |
| dYdX WLD-USD | −0.027% | 0.0000% | 1h | $154K | $5K | 10x | as long as short |
| GMX WLD/USD [ETH-USDC] | −0.024% | L +0.0187% / S −0.1014% | 1h | $5K | — | 100x | as long as short |
| edgeX WLDUSDC | −0.024% | +0.0100% | 4h | $26K | $312K | 20x | as long as short |
| MEXC WLD_USDT | −0.022% | −0.0021% | 8h | $40.6M | $45.5M | 300x | as long as short |
| Binance WLDUSDT | −0.019% | −0.0022% | 8h | $82.5M | $263.7M | 75x | as long as short |
| gTrade (Gains Network) WLD/USD | −0.016% | L +0.0003% / S −0.0003% | 1h | $71K | — | 150x | as long as short |
| Backpack WLD_USDC_PERP | 0.000% | +0.0100% | 1h | $133K | $315K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUALlong | 0.000% | 0.0000% | 1h | $108K | $730K | 25x | |
| Aster WLDUSDT | +0.017% | +0.0054% | 8h | $384K | $728K | 50x | as long as short |
| Hyperliquid WLDshort | +0.022% | +0.0100% | 1h | $47.2M | $37.2M | 10x | |
| SunX WLD-USDT | +0.045% | +0.0100% | 8h | $22K | $1.4M | 50x | as long as short |
| Kraken Futures PF_WLDUSD | +0.046% | −0.0032% | 1h | $811K | $1.8M | 50x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.067% | +0.0264% | 1h | $272K | $1.8M | 50x | as long as short |
| HTX WLD-USDT | +0.067% | +0.0100% | 8h | $831K | $1.4M | 50x | as long as short |
| ApeX Omni WLDUSDT | +0.112% | +0.0100% | 1h | $58K | $218K | 50x | as long as short |
| Lighter WLD | +0.134% | +0.0184% | 1h | $4.8M | $1.1M | 10x | as long as short |
| Injective WLD/USDC PERP | +0.134% | +0.0449% | 1h | $6K | $41K | 5.5x | as long as short |
| Phoenix WLD | +0.157% | +0.0035% | 1h | $2K | $47K | 10x | as long as short |
| Variational Omni WLD | +0.252% | −0.0035% | 8h | $2.1M | $1.6M | — | as long as short |