Funding you earn now, next payment 13:00 UTC+0.0507%/8h= +55.5% APRpaid last 24h +0.077%
Price spread now: Hyperliquid against KuCoin+0.057%7-day average +0.089% · you sell dearer than you buy
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$560.558% of the position
Funding, last 7 days+0.182%+$18 on $10k
+Price spread, last 7 days−0.057%−$6 · spread now +0.057%, 7d avg +0.089%
=Together, before fees+0.125%+ Points / potential airdropHyperliquid: Season 2 · farm board+$13 on $10k · with fees, hour by hour
Funding pays, the price is against you. Hyperliquid is 0.032% cheaper against KuCoin than usual: you would sell low and buy high (spread +0.057% now, against its 7-day average of +0.089%). If the spread goes back, that is −$3 on $10k: about 5 hours of funding at the current rate (+$15 a day). At the pace of the last 7 days (+0.182% in total) that is about 29 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.182% in total (about 9.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin WLDUSDTM | 0.4524 | −0.0054 | get 0.0054% / 8h | 3h 23m | $6.6M | $10.1M | 50x |
| Short | Hyperliquid WLD | 0.4527 | 0.0453 | get 0.0057% / 1h | 23m 13s | $52.5M | $27.4M | 10x |
KuCoin WLDUSDTM
Hyperliquid WLDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against KuCoin. 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
- $106.39
- Price spread: +0.057% → +0.089%
- −$3.19
- Slippage, 4 orders
- −$34.85
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $47.35
- Costs to cover
- 0.558%
- Break-even
- 3.9 days
Slippage from KuCoin: live order book, 8 min ago; Hyperliquid: live order book, 3 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 KuCoin live order book, 8 min ago | 1.11 bp | 20.4 bp −$20 | 36.5 bp −$365 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 3 min ago | 1.10 bp | 8.0 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
WLD on 38 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Nado WLD-PERP | −0.0099% | 1h | 0.4520 | −0.077% | $235K | $132K | 5x | as long as short |
| Gate WLD_USDT | −0.0068% | 8h | 0.4522 | −0.044% | $7.1M | $30.8M | 75x | as long as short |
| KuCoin WLDUSDTMlong | −0.0054% | 8h | 0.4524 | long leg | $6.6M | $10.1M | 50x | |
| Bybit WLDUSDT | −0.0017% | 8h | 0.4528 | +0.088% | $64.7M | $84.1M | 50x | as long as short |
| Variational Omni WLD | −0.0012% | 8h | 0.4539 | +0.321% | $2.2M | $1.5M | — | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4523 | −0.021% | $154K | $31K | 10x | as long as short |
| Kalshi KXWLDPERP | 0.0000% | 8h | 0.4520 | −0.088% | $29K | $4.1M | 1.7x | as long as short |
| Phoenix WLD | 0.0000% | 1h | 0.4537 | +0.298% | $4K | $40K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4525 | +0.022% | $107K | $1.0M | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4524 | −0.007% | $65K | — | 150x | as long as short |
Nado WLD-PERP
Gate WLD_USDT
Bybit WLDUSDT
Variational Omni WLD
dYdX WLD-USD
Kalshi KXWLDPERP
Phoenix WLD
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USDShow all 38 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_WLDUSD | +0.0029% | 1h | 0.4528 | +0.097% | $866K | $2.7M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0032% | 8h | 0.4527 | +0.066% | $35.0M | $141.8M | 50x | as long as short |
| Injective WLD/USDC PERP | +0.0033% | 1h | 0.4477 | −1.039% | $6K | $185K | 5.5x | as long as short |
| Orderly PERP_WLD_USDC | +0.0062% | 8h | 0.4524 | 0.000% | $27K | $3K | 10x | as long as short |
| 01 Exchange WLDUSD | +0.0096% | 1h | 0.4528 | +0.080% | $323 | $67 | 5x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4526 | +0.042% | $214K | $906K | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4525 | +0.018% | $66K | $503K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4527 | +0.059% | $86.3M | $310.6M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4529 | +0.111% | $43.8M | $55.2M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4525 | +0.022% | $29.7M | $28.0M | 75x | as long as short |
| BingX WLD-USDT | +0.0100% | 8h | 0.4523 | −0.022% | — | $55.4M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4527 | +0.071% | $128K | $275K | 10x | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4529 | +0.110% | $27K | $322K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4528 | +0.088% | $600K | $2.3M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4535 | +0.243% | $46K | $247K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4523 | −0.013% | $41K | $2.5M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4527 | +0.066% | $23K | $1.4M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4525 | +0.022% | $206 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4520 | −0.088% | $843K | $1.1M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4527 | +0.066% | $1.6M | $3.5M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4523 | −0.031% | $213K | $645K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4526 | +0.040% | $31K | $500 | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4516 | −0.185% | — | — | 20x | as long as short |
| Lighter WLD | +0.0208% | 1h | 0.4532 | +0.183% | $4.9M | $3.0M | 10x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4522 | −0.044% | $4.8M | $876K | 75x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0223% / S −0.1107% | 1h | 0.4523 | −0.012% | $5K | — | 100x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0232% | 1h | 0.4527 | +0.066% | $273K | $984K | 50x | as long as short |
| Hyperliquid WLDshort | +0.0453% | 1h | 0.4527 | +0.057% | $52.5M | $27.4M | 10x |
Kraken Futures PF_WLDUSD
OKX WLD-USDT-SWAP
Injective WLD/USDC PERP
Orderly PERP_WLD_USDC
01 Exchange WLDUSD
Aster WLDUSDT
Pacifica WLD
Binance WLDUSDT
MEXC WLD_USDT
Bitget WLDUSDT
BingX WLD-USDT
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
Lighter WLD
BloFin WLD-USDT
GMX WLD/USD [ETH-USDC]
Coinbase International WLD-PERP-INTX