Funding you earn now, next payment 22:00 UTC−0.0066%/8h= −7.2% APRnext payment −$0.08 per $10,000 · paid last 24h −0.059%
Price spread now: Nado against Hyperliquid−0.034%7-day average −0.119% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$370.375% of the position
Funding, last 3 days (all we have)−0.174%−$17 on $10k
+Price spread, last 3 days (all we have)+0.083%+$8 · spread now −0.034%, 7d avg −0.119%
=Together, before fees−0.091%+ Points / potential airdropHyperliquid: Season 2 · Nado: Active · farm board−$9 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Nado is 0.085% dearer against Hyperliquid than usual: you sell high and buy low (spread −0.034% now, against its 7-day average of −0.119%): +$8 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 4.3 days. At the pace of the last 3 days (−0.174% in total) that is about 36 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid WLD | 0.4546 | 0.0100 | pay 0.0013% / 1h | 21m 05s | $46.6M | $41.2M | 10x |
| Short | Nado WLD-PERP | 0.4545 | 0.0034 | get 0.0004% / 1h | 21m 05s | $271K | $168K | 5x |
Hyperliquid WLD
Nado WLD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Hyperliquid. 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
- −$13.85
- Price spread: −0.034% → −0.119%
- $8.47
- Slippage, 4 orders
- −$21.47
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$42.86
- Costs to cover
- 0.375%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 12 min ago; Nado: live order book, 1 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 Hyperliquid live order book, 12 min ago | 0.66 bp | 7.6 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
| Sell Nado live order book, 1 min ago | 2.53 bp | 7.2 bp −$7 | 22.7 bp −$227 | 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 | −0.0444% | 8h | 0.4548 | +0.037% | $45K | $3.8M | 1.7x | as long as short |
| Orderly PERP_WLD_USDC | −0.0022% | 8h | 0.4542 | −0.095% | $28K | $917K | 10x | as long as short |
| Variational Omni WLD | −0.0017% | 8h | 0.4577 | +0.683% | $2.1M | $1.6M | — | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4547 | +0.005% | $155K | $6K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4546 | −0.007% | $127K | $904K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4545 | −0.040% | $56K | — | 150x | as long as short |
| KuCoin WLDUSDTM | +0.0010% | 8h | 0.4540 | −0.139% | $7.0M | $10.7M | 50x | as long as short |
| Nado WLD-PERPshort | +0.0034% | 1h | 0.4545 | −0.034% | $271K | $168K | 5x | |
| Phoenix WLD | +0.0052% | 1h | 0.4553 | +0.139% | $5K | $52K | 10x | as long as short |
| OKX WLD-USDT-SWAP | +0.0072% | 8h | 0.4543 | −0.073% | $33.9M | $138.2M | 50x | as long as short |
Kalshi KXWLDPERP
Orderly PERP_WLD_USDC
Variational Omni WLD
dYdX WLD-USD
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
KuCoin WLDUSDTM
Phoenix WLD
OKX WLD-USDT-SWAPShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance WLDUSDT | +0.0096% | 8h | 0.4544 | −0.051% | $85.4M | $292.9M | 75x | as long as short |
| Hyperliquid WLDlong | +0.0100% | 1h | 0.4546 | long leg | $46.6M | $41.2M | 10x | |
| Aster WLDUSDT | +0.0100% | 8h | 0.4545 | −0.029% | $215K | $982K | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4546 | −0.007% | $51K | $483K | 5x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4542 | −0.095% | $64.9M | $80.3M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4542 | −0.095% | $7.4M | $34.7M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4543 | −0.073% | $53.7M | $47.5M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4542 | −0.095% | $30.1M | $25.2M | 75x | as long as short |
| BingX WLD-USDC | +0.0100% | 8h | 0.4542 | −0.095% | — | $1.3M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4545 | −0.024% | $129K | $272K | 10x | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4557 | +0.231% | $27K | $315K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4550 | +0.081% | $610K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4556 | +0.213% | $55K | $226K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4543 | −0.079% | $52K | $1.7M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4551 | +0.103% | $23K | $1.5M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4543 | −0.073% | $198 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4545 | −0.029% | $857K | $1.8M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4544 | −0.051% | $1.8M | $3.8M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4542 | −0.085% | $133K | $745K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4546 | −0.018% | $31K | $5K | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4541 | −0.121% | — | — | 20x | as long as short |
| BloFin WLD-USDT | +0.0216% | 8h | 0.4538 | −0.183% | $4.9M | $807K | 75x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0217% / S −0.0307% | 1h | 0.4543 | −0.063% | $12K | — | 100x | as long as short |
| 01 Exchange WLDUSD | +0.0368% | 1h | 0.4545 | −0.020% | $325 | $77 | 5x | as long as short |
| Injective WLD/USDC PERP | +0.0374% | 1h | 0.4622 | +1.665% | $6K | $139K | 5.5x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0400% | 1h | 0.4549 | +0.059% | $279K | $1.6M | 50x | as long as short |
| Lighter WLD | +0.0992% | 1h | 0.4552 | +0.132% | $5.1M | $2.0M | 10x | as long as short |
| Kraken Futures PF_WLDUSD | +0.1097% | 1h | 0.4549 | +0.048% | $920K | $2.6M | 50x | as long as short |
Binance WLDUSDT
Aster WLDUSDT
Pacifica WLD
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
Aevo WLD-PERP
Reya WLDRUSDPERP
BloFin WLD-USDT
GMX WLD/USD [ETH-USDC]
01 Exchange WLDUSD
Injective WLD/USDC PERP
Coinbase International WLD-PERP-INTX
Lighter WLD
Kraken Futures PF_WLDUSD