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

WLD

all WLD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.031%
Price spread now: Polymarket Perps against Deribit−0.011%7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$330.334% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.114%+$11 on $10k
Price spread, last 4 days (all we have)−0.120%−$12 · spread now −0.011%, 7d avg −0.014%
Together, before fees−0.007%−$1 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.014%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit WLD_USDC-PERPETUAL0.45210get 0.0000% / 1h1m 43s$136K$986K25x
ShortPolymarket Perps WLD-USD0.45210.0100get 0.0013% / 1h1m 43s$49K$2.7M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Deribit. 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
$21
Price spread: −0.011% → −0.014%
$0.33
Slippage, 4 orders
−$18.42
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$12.09
Costs to cover
0.334%
Break-even
11.0 days
Slippage from Deribit: live order book, 27 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
LegHalf-spread$10k$100k$1M$5M
Buy Deribit live order book, 27 min ago5.56 bp9.1 bp −$9doesn't fitdoesn't fitdoesn't fit
Sell Polymarket Perps live order book, 2 min ago3.55 bp7.8 bp −$88.8 bp −$88doesn'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
Injective WLD/USDC PERP−0.0309%1h0.4508−0.288%$6K$185K5.5xas long as short
dYdX WLD-USD0.0000%1h0.4519−0.047%$154K$32K10xas long as short
Kalshi KXWLDPERP0.0000%8h0.4517−0.088%$46K$4.6M1.7xas long as short
Deribit WLD_USDC-PERPETUALlong0.0000%1h0.4521long leg$136K$986K25x
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4520−0.020%$65K150xas long as short
Nado WLD-PERP+0.0004%1h0.4517−0.088%$234K$175K5xas long as short
Orderly PERP_WLD_USDC+0.0098%8h0.4519−0.044%$27K$645K10xas long as short
Aster WLDUSDT+0.0100%8h0.4518−0.076%$227K$1.0M50xas long as short
Pacifica WLD+0.0100%1h0.4518−0.058%$54K$543K5xas long as short
Binance WLDUSDT+0.0100%8h0.4517−0.083%$86.7M$333.1M75xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit WLDUSDT+0.0100%8h0.4514−0.155%$63.9M$89.4M50xas long as short
OKX WLD-USDT-SWAP+0.0100%8h0.4515−0.133%$34.2M$149.9M50xas long as short
Gate WLD_USDT+0.0100%8h0.4517−0.088%$7.0M$36.0M75xas long as short
MEXC WLD_USDT+0.0100%8h0.4518−0.066%$41.9M$57.2M300xas long as short
KuCoin WLDUSDTM+0.0100%8h0.4517−0.088%$6.6M$11.6M50xas long as short
Bitget WLDUSDT+0.0100%8h0.4515−0.133%$29.8M$31.0M75xas long as short
BingX WLD-USDC+0.0100%8h0.4516−0.111%$1.3Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4521−0.007%$132K$298K10xas long as short
Variational Omni WLD+0.0100%8h0.4509−0.268%$2.1M$1.5Mas long as short
edgeX WLDUSDC+0.0100%4h0.4515−0.141%$27K$321K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4518−0.066%$606K$2.1M10xas long as short
ApeX Omni WLDUSDT+0.0100%1h0.4515−0.133%$48K$238K50xas long as short
Polymarket Perps WLD-USDshort+0.0100%1h0.4521−0.011%$49K$2.7M10x
SunX WLD-USDT+0.0100%8h0.4523+0.044%$23K$1.6M50xas long as short
SoDEX WLD-USD+0.0100%1h0.45210.000%$218$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4515−0.133%$826K$1.5M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4520−0.022%$1.7M$3.6M50xas long as short
Extended WLD-USD+0.0104%1h0.4515−0.135%$208K$878K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4521−0.011%$31K$5003xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4518−0.058%20xas long as short
Phoenix WLD+0.0177%1h0.4519−0.040%$4K$43K10xas long as short
GMX WLD/USD [ETH-USDC]L +0.0219% / S −0.0967%1h0.4519−0.044%$4K100xas long as short
BloFin WLD-USDT+0.0220%8h0.4515−0.133%$4.8M$896K75xas long as short
01 Exchange WLDUSD+0.0224%1h0.4523+0.046%$324$555xas long as short
Lighter WLD+0.0272%1h0.4525+0.088%$4.9M$2.9M10xas long as short
Hyperliquid WLD+0.0403%1h0.4524+0.064%$50.3M$43.0M10xas long as short
Coinbase International WLD-PERP-INTX+0.0448%1h0.4523+0.044%$268K$1.6M50xas long as short
Kraken Futures PF_WLDUSD+0.0457%1h0.4522+0.028%$869K$2.8M50xas long as short