Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Polymarket Perps against ApeX Omni+0.097%7-day average −0.028% · you sell dearer than you buy

Net, funding: paid 7d − costs−$53as in the Funding arb table

Net, price: spread back to 7d avg − costs−$33as in the Price arb table

costs, in and out, $10k−$450.455% of the position

Long on ApeX Omni Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.078%−$8 on $10k

Price spread, last 3 days (all we have)−0.198%−$20 · spread now +0.097%, 7d avg −0.028%

Together, before fees−0.275%−$28 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Polymarket Perps is 0.126% dearer against ApeX Omni than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of −0.028%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni WLDUSDT	0.4624	0.0100	pay 0.0013% / 1h	52m 44s	$56K	$228K	50x
Short	Polymarket Perps WLD-USD	0.4628	0.0100	get 0.0013% / 1h	52m 44s	$42K	$1.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against ApeX Omni. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee ApeX OmnibpFee Polymarket PerpsbpOrdersPrice spread, now +0.097%Rate

Funding earned: $0
Price spread: +0.097% → −0.028%: $12.58
Slippage, 4 orders: −$27.48
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$32.9
Costs to cover: 0.455%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 23 min ago; Polymarket Perps: 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 ApeX Omni live order book, 23 min ago	7.66 bp	15.5 bp −$15	97.7 bp −$977	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 1 min ago	2.48 bp	7.7 bp −$8	8.6 bp −$86	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	−0.0243%	8h	0.4626	+0.043%	$42K	$3.8M	1.7x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4618	−0.137%	$165K	$13K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4626	+0.043%	$110K	$881K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4626	+0.036%	$58K	—	150x	as long as short
Orderly PERP_WLD_USDC	+0.0010%	8h	0.4626	+0.043%	$28K	$909K	10x	as long as short
KuCoin WLDUSDTM	+0.0015%	8h	0.4617	−0.151%	$7.1M	$10.9M	50x	as long as short
Nado WLD-PERP	+0.0076%	1h	0.4625	+0.011%	$278K	$169K	5x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4620	−0.084%	$196K	$1.0M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4621	−0.073%	$53K	$481K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4619	−0.109%	$87.5M	$298.5M	75x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit WLDUSDT	+0.0100%	8h	0.4619	−0.108%	$66.1M	$82.3M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4619	−0.108%	$34.5M	$143.0M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4621	−0.065%	$7.5M	$35.2M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4620	−0.087%	$49.7M	$51.5M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4619	−0.108%	$30.5M	$25.7M	75x	as long as short
BingX WLD-USDT	+0.0100%	8h	0.4618	−0.130%	—	$67.9M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4626	+0.045%	$131K	$269K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4623	−0.024%	$2.1M	$1.6M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4624	+0.002%	$27K	$315K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4635	+0.237%	$626K	$1.9M	10x	as long as short
ApeX Omni WLDUSDTlong	+0.0100%	1h	0.4624	long leg	$56K	$228K	50x
Polymarket Perps WLD-USDshort	+0.0100%	1h	0.4628	+0.097%	$42K	$1.6M	10x
SunX WLD-USDT	+0.0100%	8h	0.4632	+0.173%	$23K	$1.5M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4626	+0.043%	$208	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4624	0.000%	$873K	$1.8M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4624	0.000%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4618	−0.128%	$237K	$859K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4627	+0.076%	$31K	$5K	3x	as long as short
Phoenix WLD	+0.0104%	1h	0.4632	+0.184%	$5K	$53K	10x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4625	+0.024%	—	—	20x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4625	+0.022%	$4.9M	$824K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0261% / S −0.2221%	1h	0.4625	+0.018%	$9K	—	100x	as long as short
01 Exchange WLDUSD	+0.0272%	1h	0.4627	+0.061%	$331	$77	5x	as long as short
Injective WLD/USDC PERP	+0.0373%	1h	0.4612	−0.260%	$6K	$185K	5.5x	as long as short
Coinbase International WLD-PERP-INTX	+0.0440%	1h	0.4638	+0.303%	$276K	$1.7M	50x	as long as short
Hyperliquid WLD	+0.0613%	1h	0.4625	+0.011%	$50.3M	$42.8M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.0710%	1h	0.4631	+0.144%	$924K	$2.6M	50x	as long as short
Lighter WLD	+0.1560%	1h	0.4631	+0.147%	$5.2M	$2.0M	10x	as long as short