Spread before costs (cost unknown: a leg has no order-book sample)−0.067%
7d average+0.100%if it closes, per $10,000$7funding while held, a day+$3.98
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_WLD_USDC | 0.4452 | −0.0033 | get 0.0033% / 8h | 1h 05m | $28K | $957K | 10x |
| Short | Hyperliquid WLD | 0.4449 | 0.0100 | get 0.0013% / 1h | 5m 56s | $46.4M | $39.3M | 10x |
Orderly PERP_WLD_USDC
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
- −$6.74
- Funding while held
- $3.98
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$17.75
- Spread needed to break even
- 0.150%
Slippage unknown: Orderly: no order-book sample; Hyperliquid: live order book, 9 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0133%
- Per $10,000 a day
- +$3.98
- 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Hyperliquid live order book, 9 min ago | 0.68 bp | 7.4 bp −$7 | doesn't fit | doesn't fit | doesn't fit |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
WLD price on every exchange
against the cheapest. Click to use as the short leg.Injective0.4413cheapestVariational Omni0.4432+0.420%ApeX Omni0.4435+0.499%Extended0.4439+0.593%OKX0.4441+0.634%Bitget0.4441+0.634%Bybit0.4442+0.657%Coinbase International0.4442+0.657%edgeX0.4443+0.688%Binance0.4446+0.742%BingX0.4446+0.748%Phemex0.4446+0.748%Gate0.4447+0.770%MEXC0.4447+0.770%01 Exchange0.4448+0.793%KuCoin0.4448+0.793%Backpack0.4449+0.804%
Injective
Variational Omni
ApeX Omni
Extended
OKX
Bitget
Bybit
Coinbase International
Binance
BingX
Phemex
Gate
MEXC
KuCoin
BackpackHyperliquid0.4449+0.816%
HTX0.4449+0.816%Reya0.4450+0.841%Nado0.4451+0.861%Phoenix0.4452+0.875%
HTX
Reya
Nado
PhoenixOrderly0.4452+0.884%
BloFin0.4452+0.884%Aevo0.4453+0.897%gTrade (Gains Network)0.4453+0.899%GMX0.4453+0.905%Aster0.4453+0.906%SoDEX0.4453+0.906%Deribit0.4453+0.906%Pacifica0.4453+0.911%Kalshi0.4454+0.929%dYdX0.4455+0.954%Polymarket Perps0.4455+0.961%Kraken Futures0.4456+0.970%SunX0.4456+0.974%Lighter0.4456+0.979%
BloFin
Aevo
gTrade (Gains Network)
GMX
Aster
SoDEX
Deribit
Pacifica
dYdX
Polymarket Perps
Kraken Futures
SunX
LighterWLD on 37 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective WLD/USDC PERP | −0.876% | +0.0449% | 1h | $6K | $41K | 5.5x | as long as short |
| Variational Omni WLD | −0.459% | −0.0091% | 8h | $2.1M | $1.7M | — | as long as short |
| ApeX Omni WLDUSDT | −0.382% | +0.0100% | 1h | $63K | $220K | 50x | as long as short |
| Extended WLD-USD | −0.288% | +0.0104% | 1h | $137K | $669K | 10x | as long as short |
| OKX WLD-USDT-SWAP | −0.247% | −0.0017% | 8h | $34.0M | $133.1M | 50x | as long as short |
| Bitget WLDUSDT | −0.247% | +0.0046% | 8h | $29.2M | $25.4M | 75x | as long as short |
| Bybit WLDUSDT | −0.225% | −0.0101% | 8h | $64.0M | $76.1M | 50x | as long as short |
| Coinbase International WLD-PERP-INTX | −0.225% | +0.0264% | 1h | $268K | $1.8M | 50x | as long as short |
| edgeX WLDUSDC | −0.194% | +0.0100% | 4h | $26K | $314K | 20x | as long as short |
| Binance WLDUSDT | −0.140% | −0.0041% | 8h | $81.9M | $274.9M | 75x | as long as short |
Show all 37 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BingX WLD-USDT | −0.135% | +0.0045% | 8h | — | $68.7M | — | as long as short |
| Phemex WLDUSDT | −0.135% | +0.0100% | 8h | $1.8M | $3.9M | 50x | as long as short |
| Gate WLD_USDT | −0.112% | +0.0012% | 8h | $7.1M | $34.7M | 75x | as long as short |
| MEXC WLD_USDT | −0.112% | −0.0041% | 8h | $42.4M | $47.4M | 300x | as long as short |
| 01 Exchange WLDUSD | −0.090% | −0.0416% | 1h | $318 | $1K | 5x | as long as short |
| KuCoin WLDUSDTM | −0.090% | +0.0009% | 8h | $6.9M | $12.1M | 50x | as long as short |
| Backpack WLD_USDC_PERP | −0.079% | +0.0100% | 1h | $136K | $322K | 10x | as long as short |
| Hyperliquid WLDshort | −0.067% | +0.0100% | 1h | $46.4M | $39.3M | 10x | |
| HTX WLD-USDT | −0.067% | +0.0100% | 8h | $818K | $1.6M | 50x | as long as short |
| Reya WLDRUSDPERP | −0.042% | +0.0134% | 1h | — | — | 20x | as long as short |
| Nado WLD-PERP | −0.022% | −0.0020% | 1h | $349K | $206K | 5x | as long as short |
| Phoenix WLD | −0.009% | +0.0018% | 1h | $2K | $56K | 10x | as long as short |
| Orderly PERP_WLD_USDClong | 0.000% | −0.0033% | 8h | $28K | $957K | 10x | |
| BloFin WLD-USDT | 0.000% | +0.0079% | 8h | $4.9M | $1.2M | 75x | as long as short |
| Aevo WLD-PERP | +0.013% | +0.0072% | 1h | $30K | $5K | 3x | as long as short |
| gTrade (Gains Network) WLD/USD | +0.015% | L +0.0003% / S −0.0003% | 1h | $71K | — | 150x | as long as short |
| GMX WLD/USD [ETH-USDC] | +0.021% | L +0.0187% / S −0.1014% | 1h | $5K | — | 100x | as long as short |
| Aster WLDUSDT | +0.022% | +0.0050% | 8h | $300K | $855K | 50x | as long as short |
| SoDEX WLD-USD | +0.022% | +0.0100% | 1h | $194 | $5K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | +0.022% | 0.0000% | 1h | $120K | $767K | 25x | as long as short |
| Pacifica WLD | +0.027% | +0.0100% | 1h | $67K | $512K | 5x | as long as short |
| Kalshi KXWLDPERP | +0.045% | −0.0172% | 8h | $49K | $3.2M | 1.7x | as long as short |
| dYdX WLD-USD | +0.070% | +0.0098% | 1h | $153K | $5K | 10x | as long as short |
| Polymarket Perps WLD-USD | +0.076% | +0.0100% | 1h | $50K | $1.7M | 10x | as long as short |
| Kraken Futures PF_WLDUSD | +0.086% | −0.0032% | 1h | $774K | $2.0M | 50x | as long as short |
| SunX WLD-USDT | +0.090% | +0.0100% | 8h | $22K | $1.5M | 50x | as long as short |
| Lighter WLD | +0.094% | +0.0096% | 1h | $4.8M | $1.2M | 10x | as long as short |