Funding you earn now, next payment 00:00 UTC−0.0504%/8h= −55.2% APRnext payment −$0.63 per $10,000 · paid last 24h −0.017%
Price spread now: Pacifica against Hyperliquid−0.166%7-day average −0.074% · you buy dearer than you sell
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$360.360% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 4 days (all we have)+0.083%+$8 · spread now −0.166%, 7d avg −0.074%
=Together, before fees+0.084%+ Points / potential airdropHyperliquid: Season 2 · Pacifica: Active · farm board+$8 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and Pacifica is 0.092% cheaper against Hyperliquid than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.074%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.001% in total (about 0.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.63 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid WLD | 0.4633 | 0.0604 | pay 0.0075% / 1h | 55m 27s | $50.4M | $43.1M | 10x |
| Short | Pacifica WLD | 0.4625 | 0.0100 | get 0.0013% / 1h | 55m 27s | $53K | $481K | 5x |
Hyperliquid WLD
Pacifica WLDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica 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
- −$105.82
- Price spread: −0.166% → −0.074%
- −$9.23
- Slippage, 4 orders
- −$18.96
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$151.01
- Costs to cover
- 0.360%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 8 min ago; Pacifica: live order book, 23 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, 8 min ago | 0.54 bp | 7.3 bp −$7 | doesn't fit | doesn't fit | doesn't fit |
| Sell Pacifica live order book, 23 min ago | 1.09 bp | 7.0 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 | −0.0250% | 8h | 0.4616 | −0.360% | $50K | $3.8M | 1.7x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4625 | −0.160% | $165K | $13K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4626 | −0.145% | $110K | $881K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4626 | −0.140% | $58K | — | 150x | as long as short |
| Orderly PERP_WLD_USDC | +0.0009% | 8h | 0.4625 | −0.166% | $28K | $910K | 10x | as long as short |
| KuCoin WLDUSDTM | +0.0011% | 8h | 0.4623 | −0.209% | $7.1M | $10.8M | 50x | as long as short |
| Nado WLD-PERP | +0.0067% | 1h | 0.4626 | −0.145% | $279K | $169K | 5x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4625 | −0.160% | $196K | $999K | 50x | as long as short |
| Pacifica WLDshort | +0.0100% | 1h | 0.4625 | −0.166% | $53K | $481K | 5x | |
| Binance WLDUSDT | +0.0100% | 8h | 0.4628 | −0.112% | $87.7M | $298.1M | 75x | as long as short |
Kalshi KXWLDPERP
dYdX WLD-USD
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
Orderly PERP_WLD_USDC
KuCoin WLDUSDTM
Nado WLD-PERP
Aster WLDUSDT
Binance WLDUSDTShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit WLDUSDT | +0.0100% | 8h | 0.4626 | −0.145% | $66.3M | $82.2M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4625 | −0.166% | $34.5M | $143.2M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4623 | −0.209% | $7.5M | $35.1M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4625 | −0.166% | $49.8M | $51.4M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4624 | −0.188% | $30.5M | $25.6M | 75x | as long as short |
| BingX WLD-USDT | +0.0100% | 8h | 0.4623 | −0.209% | — | $67.9M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4626 | −0.149% | $131K | $269K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4603 | −0.644% | $2.1M | $1.6M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4618 | −0.320% | $27K | $315K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4625 | −0.166% | $621K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4624 | −0.188% | $56K | $228K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4628 | −0.093% | $42K | $1.6M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4629 | −0.080% | $23K | $1.5M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4624 | −0.188% | $205 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4617 | −0.339% | $871K | $1.8M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4624 | −0.188% | $1.8M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4622 | −0.226% | $237K | $860K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4627 | −0.134% | $31K | $5K | 3x | as long as short |
| Phoenix WLD | +0.0124% | 1h | 0.4617 | −0.348% | $5K | $53K | 10x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4624 | −0.190% | — | — | 20x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4621 | −0.253% | $4.9M | $823K | 75x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0261% / S −0.2221% | 1h | 0.4626 | −0.152% | $9K | — | 100x | as long as short |
| 01 Exchange WLDUSD | +0.0272% | 1h | 0.4631 | −0.047% | $331 | $77 | 5x | as long as short |
| Injective WLD/USDC PERP | +0.0373% | 1h | 0.4612 | −0.447% | $6K | $185K | 5.5x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0440% | 1h | 0.4618 | −0.317% | $274K | $1.6M | 50x | as long as short |
| Hyperliquid WLDlong | +0.0604% | 1h | 0.4633 | long leg | $50.4M | $43.1M | 10x | |
| Kraken Futures PF_WLDUSD | +0.0711% | 1h | 0.4628 | −0.111% | $922K | $2.6M | 50x | as long as short |
| Lighter WLD | +0.1480% | 1h | 0.4637 | +0.097% | $5.3M | $2.0M | 10x | as long as short |
Bybit WLDUSDT
OKX WLD-USDT-SWAP
Gate WLD_USDT
MEXC WLD_USDT
Bitget WLDUSDT
BingX WLD-USDT
Backpack WLD_USDC_PERP
Variational Omni WLD
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
Phoenix WLD
Reya WLDRUSDPERP
BloFin WLD-USDT
GMX WLD/USD [ETH-USDC]
01 Exchange WLDUSD
Injective WLD/USDC PERP
Coinbase International WLD-PERP-INTX
Kraken Futures PF_WLDUSD
Lighter WLD