Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.005%

Price spread now: Polymarket Perps against Bitget+0.150%7-day average +0.025% · you sell dearer than you buy

Net, funding: paid 7d − costs−$39as in the Funding arb table

Net, price: spread back to 7d avg − costs−$23as in the Price arb table

costs, in and out, $10k−$350.351% of the position

Long on Bitget Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.039%−$4 on $10k

Price spread, last 7 days+0.111%+$11 · spread now +0.150%, 7d avg +0.025%

Together, before fees+0.072%+$7 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 0.125% dearer against Bitget than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of +0.025%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget WLDUSDT	0.4546	0.0100	pay 0.0100% / 8h	1h 51m	$30.1M	$25.1M	75x
Short	Polymarket Perps WLD-USD	0.4553	0.0100	get 0.0013% / 1h	51m 45s	$48K	$1.7M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Bitget. 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 BitgetbpFee Polymarket PerpsbpOrdersPrice spread, now +0.150%Rate

Funding earned: $0
Price spread: +0.150% → +0.025%: $12.48
Slippage, 4 orders: −$15.08
Fee Bitget: 6 bp × 2 orders: −$12
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$22.6
Costs to cover: 0.351%
Break-even: never at this rate

Slippage from Bitget: live order book, 2 min ago; Polymarket Perps: live order book, 2 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 Bitget live order book, 2 min ago	1.10 bp	9.7 bp −$10	21.7 bp −$217	72.6 bp −$7,258	doesn't fit
Sell Polymarket Perps live order book, 2 min ago	2.86 bp	6.9 bp −$7	7.8 bp −$78	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	−0.0453%	8h	0.4550	+0.088%	$45K	$3.8M	1.7x	as long as short
Injective WLD/USDC PERP	−0.0079%	1h	0.4522	−0.528%	$6K	$185K	5.5x	as long as short
Orderly PERP_WLD_USDC	−0.0011%	8h	0.4548	+0.044%	$28K	$915K	10x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4551	+0.100%	$155K	$6K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4546	0.000%	$121K	$916K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4548	+0.050%	$57K	—	150x	as long as short
KuCoin WLDUSDTM	+0.0006%	8h	0.4547	+0.022%	$7.0M	$10.7M	50x	as long as short
Variational Omni WLD	+0.0035%	8h	0.4542	−0.085%	$2.1M	$1.6M	—	as long as short
Nado WLD-PERP	+0.0075%	1h	0.4551	+0.110%	$273K	$169K	5x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4552	+0.121%	$213K	$973K	50x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica WLD	+0.0100%	1h	0.4553	+0.154%	$51K	$481K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4547	+0.024%	$85.7M	$294.0M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4544	−0.044%	$64.8M	$80.5M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4545	−0.022%	$34.1M	$138.8M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4547	+0.022%	$7.4M	$34.6M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4549	+0.066%	$57.9M	$49.6M	300x	as long as short
Bitget WLDUSDTlong	+0.0100%	8h	0.4546	long leg	$30.1M	$25.1M	75x
BingX WLD-USDC	+0.0100%	8h	0.4545	−0.022%	—	$1.3M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4548	+0.037%	$129K	$269K	10x	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4555	+0.192%	$27K	$314K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4557	+0.242%	$611K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4558	+0.264%	$55K	$227K	50x	as long as short
Polymarket Perps WLD-USDshort	+0.0100%	1h	0.4553	+0.150%	$48K	$1.7M	10x
SunX WLD-USDT	+0.0100%	8h	0.4553	+0.154%	$23K	$1.5M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4545	−0.022%	$200	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4548	+0.044%	$859K	$1.8M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4545	−0.022%	$1.8M	$3.8M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4547	+0.018%	$133K	$745K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4546	0.000%	$31K	$5K	3x	as long as short
Phoenix WLD	+0.0124%	1h	0.4556	+0.227%	$5K	$53K	10x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4552	+0.125%	—	—	20x	as long as short
Kraken Futures PF_WLDUSD	+0.0187%	1h	0.4549	+0.065%	$922K	$2.6M	50x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4548	+0.044%	$4.8M	$815K	75x	as long as short
01 Exchange WLDUSD	+0.0248%	1h	0.4557	+0.249%	$326	$77	5x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0254% / S −0.2152%	1h	0.4550	+0.089%	$9K	—	100x	as long as short
Coinbase International WLD-PERP-INTX	+0.0424%	1h	0.4531	−0.330%	$277K	$1.6M	50x	as long as short
Lighter WLD	+0.0928%	1h	0.4556	+0.222%	$5.2M	$2.1M	10x	as long as short
Hyperliquid WLD	+0.1072%	1h	0.4556	+0.222%	$48.7M	$42.3M	10x	as long as short