Settings8H · net · $10k
Funding arb · Price arb /

WLD

all WLD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.025%
Price spread now: Polymarket Perps against Bybit−0.318%47s7-day average +0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$350.349% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.043%+$4 on $10k
Price spread, last 7 days+0.635%+$63 · spread now −0.318%, 7d avg +0.009%
Together, before fees+0.678%+$68 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 0.328% cheaper against Bybit than usual: you would sell low and buy high, −$33 on $10k if it goes back to its 7-day average of +0.009%. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit WLDUSDT0.45560.0100pay 0.0100% / 8h2h 34m$65.3M$80.1M50x
ShortPolymarket Perps WLD-USD0.45410.0100get 0.0013% / 1h34m 35s$54K$1.7M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Bybit. 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

Funding earned
$0
Price spread: −0.318% → +0.009%
−$32.76
Slippage, 4 orders
−$15.93
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$67.69
Costs to cover
0.349%
Break-even
225627.4 days
Slippage from Bybit: live order book, 4 min ago; Polymarket Perps: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 4 min ago1.10 bp8.4 bp −$815.5 bp −$155114.7 bp −$11.5Kdoesn't fit
Sell Polymarket Perps live order book, 4 min ago3.64 bp7.6 bp −$88.7 bp −$87doesn't fitdoesn't fit

WLD on 38 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kalshi KXWLDPERP−0.0557%8h0.4534−0.483%$45K$3.8M1.7xas long as short
Variational Omni WLD−0.0030%8h0.4535−0.453%$2.1M$1.6Mas long as short
Orderly PERP_WLD_USDC−0.0026%8h0.4542−0.307%$28K$918K10xas long as short
dYdX WLD-USD0.0000%1h0.4558+0.039%$155K$6K10xas long as short
Deribit WLD_USDC-PERPETUAL0.0000%1h0.4543−0.285%$128K$900K25xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4541−0.328%$56K150xas long as short
KuCoin WLDUSDTM+0.0017%8h0.4557+0.022%$7.0M$10.7M50xas long as short
Nado WLD-PERP+0.0046%1h0.4541−0.340%$271K$168K5xas long as short
Phoenix WLD+0.0052%1h0.4536−0.446%$5K$52K10xas long as short
OKX WLD-USDT-SWAP+0.0061%8h0.45560.000%$34.0M$138.1M50xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit WLDUSDTlong+0.0100%8h0.4556long leg$65.3M$80.1M50x
Hyperliquid WLD+0.0100%1h0.4553−0.070%$47.1M$40.7M10xas long as short
Aster WLDUSDT+0.0100%8h0.4544−0.255%$215K$981K50xas long as short
Pacifica WLD+0.0100%1h0.4557+0.022%$51K$482K5xas long as short
Binance WLDUSDT+0.0100%8h0.4559+0.065%$86.1M$291.7M75xas long as short
Gate WLD_USDT+0.0100%8h0.4554−0.044%$7.4M$34.4M75xas long as short
MEXC WLD_USDT+0.0100%8h0.4558+0.044%$52.9M$47.1M300xas long as short
Bitget WLDUSDT+0.0100%8h0.4557+0.022%$30.2M$25.1M75xas long as short
BingX WLD-USDT+0.0100%8h0.45560.000%$67.9Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4548−0.169%$129K$275K10xas long as short
edgeX WLDUSDC+0.0100%4h0.4544−0.255%$27K$315K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4540−0.351%$613K$1.9M10xas long as short
ApeX Omni WLDUSDT+0.0100%1h0.4543−0.285%$55K$226K50xas long as short
Polymarket Perps WLD-USDshort+0.0100%1h0.4541−0.318%$54K$1.7M10x
SunX WLD-USDT+0.0100%8h0.4545−0.241%$23K$1.5M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4542−0.307%$197$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4533−0.505%$855K$1.8M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4545−0.241%$1.8M$3.8M50xas long as short
Extended WLD-USD+0.0104%1h0.4553−0.055%$133K$745K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4543−0.287%$31K$5K3xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4539−0.377%20xas long as short
GMX WLD/USD [ETH-USDC]L +0.0217% / S −0.0307%1h0.4542−0.317%$12K100xas long as short
BloFin WLD-USDT+0.0220%8h0.4539−0.373%$4.9M$801K75xas long as short
Injective WLD/USDC PERP+0.0374%1h0.4622+1.449%$6K$139K5.5xas long as short
Coinbase International WLD-PERP-INTX+0.0400%1h0.4544−0.263%$279K$1.6M50xas long as short
01 Exchange WLDUSD+0.0456%1h0.4558+0.048%$326$775xas long as short
Lighter WLD+0.1072%1h0.4563+0.149%$5.1M$2.0M10xas long as short
Kraken Futures PF_WLDUSD+0.1098%1h0.4544−0.262%$922K$2.6M50xas long as short