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 −0.040%
Price spread now: Gate against Hyperliquid−0.104%7-day average −0.075% · you buy dearer than you sell
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$460.461% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.145%−$15 on $10k
Price spread, last 7 days+0.101%+$10 · spread now −0.104%, 7d avg −0.075%
Together, before fees−0.044%+ Points / potential airdropHyperliquid: Season 2 · farm board−$4 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.029% cheaper against Hyperliquid than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.075%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid WLD0.45390.0100pay 0.0013% / 1h35m 43s$47.0M$40.7M10x
ShortGate WLD_USDT0.45340.0100get 0.0100% / 8h2h 35m$7.4M$34.4M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Hyperliquid. 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: −0.104% → −0.075%
−$2.88
Slippage, 4 orders
−$22.12
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$49
Costs to cover
0.461%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 8 min ago; Gate: live order book, 3 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 Hyperliquid live order book, 8 min ago0.11 bp6.1 bp −$6doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 3 min ago2.21 bp14.0 bp −$1433.8 bp −$33853.5 bp −$5,348doesn'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−0.0557%8h0.4532−0.148%$44K$3.8M1.7xas long as short
Variational Omni WLD−0.0037%8h0.4543+0.084%$2.1M$1.6Mas long as short
Orderly PERP_WLD_USDC−0.0026%8h0.4534−0.104%$28K$918K10xas long as short
dYdX WLD-USD0.0000%1h0.4540+0.025%$155K$6K10xas long as short
Deribit WLD_USDC-PERPETUAL0.0000%1h0.4535−0.082%$129K$896K25xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4534−0.113%$56K150xas long as short
KuCoin WLDUSDTM+0.0015%8h0.4536−0.059%$7.0M$10.7M50xas long as short
Nado WLD-PERP+0.0049%1h0.4535−0.071%$271K$168K5xas long as short
Phoenix WLD+0.0052%1h0.4536−0.066%$5K$52K10xas long as short
OKX WLD-USDT-SWAP+0.0061%8h0.4540+0.029%$34.0M$137.5M50xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit WLDUSDT+0.0098%8h0.4540+0.029%$65.1M$80.1M50xas long as short
Hyperliquid WLDlong+0.0100%1h0.4539long leg$47.0M$40.7M10x
Aster WLDUSDT+0.0100%8h0.4535−0.092%$214K$981K50xas long as short
Pacifica WLD+0.0100%1h0.4540+0.025%$50K$482K5xas long as short
Binance WLDUSDT+0.0100%8h0.4538−0.015%$85.7M$291.6M75xas long as short
Gate WLD_USDTshort+0.0100%8h0.4534−0.104%$7.4M$34.4M75x
MEXC WLD_USDT+0.0100%8h0.4539+0.007%$52.6M$47.0M300xas long as short
Bitget WLDUSDT+0.0100%8h0.4538−0.015%$30.0M$25.1M75xas long as short
BingX WLD-USDT+0.0100%8h0.4540+0.029%$67.9Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4531−0.170%$128K$274K10xas long as short
edgeX WLDUSDC+0.0100%4h0.4544+0.125%$27K$315K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4543+0.096%$613K$1.9M10xas long as short
ApeX Omni WLDUSDT+0.0100%1h0.4542+0.073%$55K$226K50xas long as short
Polymarket Perps WLD-USD+0.0100%1h0.4536−0.064%$54K$1.7M10xas long as short
SunX WLD-USDT+0.0100%8h0.4537−0.037%$23K$1.5M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4528−0.236%$197$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4539+0.007%$856K$1.8M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4529−0.214%$1.8M$3.8M50xas long as short
Extended WLD-USD+0.0104%1h0.4528−0.236%$132K$745K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4534−0.107%$31K$5K3xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4536−0.062%20xas long as short
GMX WLD/USD [ETH-USDC]L +0.0217% / S −0.0307%1h0.4535−0.071%$12K100xas long as short
BloFin WLD-USDT+0.0220%8h0.4545+0.139%$4.9M$802K75xas long as short
Injective WLD/USDC PERP+0.0374%1h0.4622+1.835%$6K$139K5.5xas long as short
Coinbase International WLD-PERP-INTX+0.0400%1h0.4533−0.126%$280K$1.6M50xas long as short
01 Exchange WLDUSD+0.0472%1h0.4538−0.024%$325$775xas long as short
Lighter WLD+0.1072%1h0.4547+0.192%$5.1M$2.0M10xas long as short
Kraken Futures PF_WLDUSD+0.1101%1h0.4530−0.192%$919K$2.6M50xas long as short