WDC Funding Rate — live across 7 venues

25 DEX + 8 CEX · net of fees · updated continuously

Live annualized WDC perpetual funding across all 7 venues Perpia tracks. Right now WDC funding is positive on 4 and negative on 0, ranging from +40.1% on Hyperliquid to +0.0% on Bybit — a spread of 40.1%. The widest delta-neutral trade is long OKX / short Hyperliquid at 37.0% net APR.

7
venues
4
paying positive
40.1%
funding spread
Best WDC spread now
37.0%
net APR after fees
Long OKXShort Hyperliquid
size depends on live venue depth — see the real cap in the scanner

WDC funding rate by venue

13 pairs scanned
VenueFunding APRInterval
Hyperliquid+40.1%1h
trade.xyz+39.6%1h
Gate.io+10.9%8h
KuCoin+10.9%8h
OKX+0.0%8h
Bitget+0.0%8h
Bybit+0.0%8h

Rates annualized; updated ~every few minutes from live venue data.

Loading WDC backtest…

WDC funding — FAQ

Is WDC funding positive right now?

WDC perpetual funding is positive on 4 of 7 venues Perpia tracks. The highest is +40.1% on Hyperliquid; the lowest is +0.0% on Bybit.

What is the best WDC funding arbitrage right now?

Go long OKX and short Hyperliquid for about 37.0% net APR after fees — the widest delta-neutral WDC spread Perpia currently sees.

Which exchange has the highest WDC funding rate?

Hyperliquid, at +40.1% annualized. Funding shifts continuously, so check the live table above before trading.

How WDC funding arbitrage works

Funding-rate arbitrage is delta-neutral: you go long the venue paying the most negative funding and short the one paying the most positive, so price moves cancel and you collect the spread. The catch is liquidity — a huge APR on a thin book caps at a few thousand dollars and often flips within hours. Perpia shows the max size after slippage and tracks whether a spread holds, so you filter instead of chasing the number.