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

WLD

all WLD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0047%/8h= +5.1% APRnext payment +$0.06 per $10,000 · paid last 24h +0.026%
Price spread now: Polymarket Perps against dYdX+0.014%7-day average −0.041% · you sell dearer than you buy
Net, funding: paid 7d − costs−$218as in the Funding arb table
Net, price: spread back to 7d avg − costs−$225as in the Price arb table
costs, in and out, $10k−$2302.304% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.126%+$13 on $10k
Price spread, last 4 days (all we have)−1.019%−$102 · spread now +0.014%, 7d avg −0.041%
Together, before fees−0.893%−$89 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Polymarket Perps is 0.055% dearer against dYdX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.041%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX WLD-USD0.45120get 0.0000% / 1h21m 13s$154K$33K10x
ShortPolymarket Perps WLD-USD0.45130.0047get 0.0006% / 1h21m 13s$43K$2.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps against dYdX. 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
$9.84
Price spread: +0.014% → −0.041%
$5.49
Slippage, 4 orders
−$212.4
Fee dYdX: 5 bp × 2 orders
−$10
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$215.07
Costs to cover
2.304%
Break-even
159.9 days
Slippage from dYdX: live order book, 28 min ago; Polymarket Perps: live order book, 3 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 dYdX live order book, 28 min ago102.77 bp107.8 bp −$108121.0 bp −$1,210162.0 bp −$16.2K297.6 bp −$148.8K
Sell Polymarket Perps live order book, 3 min ago2.90 bp6.9 bp −$77.3 bp −$73doesn'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
Nado WLD-PERP−0.0056%1h0.4514+0.040%$242K$207K5xas long as short
dYdX WLD-USDlong0.0000%1h0.4512long leg$154K$33K10x
Kalshi KXWLDPERP0.0000%8h0.4512−0.004%$59K$4.8M1.7xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4513+0.013%$65K150xas long as short
01 Exchange WLDUSD+0.0040%1h0.4516+0.076%$323$555xas long as short
Polymarket Perps WLD-USDshort+0.0047%1h0.4513+0.014%$43K$2.4M10x
KuCoin WLDUSDTM+0.0049%8h0.4507−0.115%$6.7M$11.9M50xas long as short
Lighter WLD+0.0096%1h0.4512+0.005%$4.9M$2.9M10xas long as short
Orderly PERP_WLD_USDC+0.0098%8h0.4510−0.048%$28K$798K10xas long as short
Aster WLDUSDT+0.0100%8h0.4506−0.128%$225K$1.1M50xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica WLD+0.0100%1h0.4514+0.029%$50K$542K5xas long as short
Binance WLDUSDT+0.0100%8h0.4508−0.093%$85.8M$338.2M75xas long as short
Bybit WLDUSDT+0.0100%8h0.4508−0.093%$64.2M$91.7M50xas long as short
OKX WLD-USDT-SWAP+0.0100%8h0.4512−0.004%$34.1M$153.6M50xas long as short
Gate WLD_USDT+0.0100%8h0.4513+0.018%$7.4M$37.4M75xas long as short
MEXC WLD_USDT+0.0100%8h0.4514+0.040%$39.0M$55.9M300xas long as short
Bitget WLDUSDT+0.0100%8h0.4512−0.004%$29.7M$30.9M75xas long as short
BingX WLD-USDT+0.0100%8h0.4513+0.018%$70.1Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4511−0.029%$134K$300K10xas long as short
Variational Omni WLD+0.0100%8h0.4475−0.829%$2.0M$1.7Mas long as short
edgeX WLDUSDC+0.0100%4h0.4484−0.635%$27K$320K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4491−0.474%$599K$2.0M10xas long as short
ApeX Omni WLDUSDT+0.0100%1h0.4482−0.669%$48K$240K50xas long as short
SunX WLD-USDT+0.0100%8h0.4514+0.040%$22K$1.6M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4508−0.093%$205$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4511−0.026%$826K$1.7M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4508−0.093%$1.8M$3.7M50xas long as short
Extended WLD-USD+0.0104%1h0.4507−0.110%$220K$999K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4510−0.040%$31K$6003xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4514+0.046%20xas long as short
Phoenix WLD+0.0142%1h0.4514+0.049%$5K$52K10xas long as short
Injective WLD/USDC PERP+0.0176%1h0.4513+0.018%$6K$185K5.5xas long as short
Deribit WLD_USDC-PERPETUAL+0.0194%1h0.4511−0.026%$144K$1.0M25xas long as short
GMX WLD/USD [ETH-USDC]L +0.0219% / S −0.0967%1h0.4511−0.022%$4K100xas long as short
BloFin WLD-USDT+0.0220%8h0.4507−0.115%$4.8M$915K75xas long as short
Hyperliquid WLD+0.0252%1h0.4518+0.120%$48.8M$44.0M10xas long as short
Kraken Futures PF_WLDUSD+0.0503%1h0.4510−0.057%$858K$2.9M50xas long as short
Coinbase International WLD-PERP-INTX+0.0536%1h0.4518+0.129%$275K$1.7M50xas long as short