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
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%
=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%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX WLD-USD | 0.4512 | 0 | get 0.0000% / 1h | 21m 13s | $154K | $33K | 10x |
| Short | Polymarket Perps WLD-USD | 0.4513 | 0.0047 | get 0.0006% / 1h | 21m 13s | $43K | $2.4M | 10x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy dYdX live order book, 28 min ago | 102.77 bp | 107.8 bp −$108 | 121.0 bp −$1,210 | 162.0 bp −$16.2K | 297.6 bp −$148.8K |
| Sell Polymarket Perps live order book, 3 min ago | 2.90 bp | 6.9 bp −$7 | 7.3 bp −$73 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Nado WLD-PERP | −0.0056% | 1h | 0.4514 | +0.040% | $242K | $207K | 5x | as long as short |
| dYdX WLD-USDlong | 0.0000% | 1h | 0.4512 | long leg | $154K | $33K | 10x | |
| Kalshi KXWLDPERP | 0.0000% | 8h | 0.4512 | −0.004% | $59K | $4.8M | 1.7x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4513 | +0.013% | $65K | — | 150x | as long as short |
| 01 Exchange WLDUSD | +0.0040% | 1h | 0.4516 | +0.076% | $323 | $55 | 5x | as long as short |
| Polymarket Perps WLD-USDshort | +0.0047% | 1h | 0.4513 | +0.014% | $43K | $2.4M | 10x | |
| KuCoin WLDUSDTM | +0.0049% | 8h | 0.4507 | −0.115% | $6.7M | $11.9M | 50x | as long as short |
| Lighter WLD | +0.0096% | 1h | 0.4512 | +0.005% | $4.9M | $2.9M | 10x | as long as short |
| Orderly PERP_WLD_USDC | +0.0098% | 8h | 0.4510 | −0.048% | $28K | $798K | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4506 | −0.128% | $225K | $1.1M | 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 | 0.4514 | +0.029% | $50K | $542K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4508 | −0.093% | $85.8M | $338.2M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4508 | −0.093% | $64.2M | $91.7M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4512 | −0.004% | $34.1M | $153.6M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4513 | +0.018% | $7.4M | $37.4M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4514 | +0.040% | $39.0M | $55.9M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4512 | −0.004% | $29.7M | $30.9M | 75x | as long as short |
| BingX WLD-USDT | +0.0100% | 8h | 0.4513 | +0.018% | — | $70.1M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4511 | −0.029% | $134K | $300K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4475 | −0.829% | $2.0M | $1.7M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4484 | −0.635% | $27K | $320K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4491 | −0.474% | $599K | $2.0M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4482 | −0.669% | $48K | $240K | 50x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4514 | +0.040% | $22K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4508 | −0.093% | $205 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4511 | −0.026% | $826K | $1.7M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4508 | −0.093% | $1.8M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4507 | −0.110% | $220K | $999K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4510 | −0.040% | $31K | $600 | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4514 | +0.046% | — | — | 20x | as long as short |
| Phoenix WLD | +0.0142% | 1h | 0.4514 | +0.049% | $5K | $52K | 10x | as long as short |
| Injective WLD/USDC PERP | +0.0176% | 1h | 0.4513 | +0.018% | $6K | $185K | 5.5x | as long as short |
| Deribit WLD_USDC-PERPETUAL | +0.0194% | 1h | 0.4511 | −0.026% | $144K | $1.0M | 25x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0219% / S −0.0967% | 1h | 0.4511 | −0.022% | $4K | — | 100x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4507 | −0.115% | $4.8M | $915K | 75x | as long as short |
| Hyperliquid WLD | +0.0252% | 1h | 0.4518 | +0.120% | $48.8M | $44.0M | 10x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0503% | 1h | 0.4510 | −0.057% | $858K | $2.9M | 50x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0536% | 1h | 0.4518 | +0.129% | $275K | $1.7M | 50x | as long as short |
Polymarket Perps WLD-USD
Kalshi KXWLDPERP
gTrade (Gains Network) WLD/USD
01 Exchange WLDUSD
KuCoin WLDUSDTM
Lighter WLD
Aster WLDUSDT
Pacifica WLD
Binance WLDUSDT
Bybit WLDUSDT
OKX WLD-USDT-SWAP
Gate WLD_USDT
MEXC WLD_USDT
Bitget WLDUSDT
BingX WLD-USDT
Backpack WLD_USDC_PERP
Variational Omni WLD
edgeX WLDUSDC
GRVT WLD_USDT_Perp
ApeX Omni WLDUSDT
SunX WLD-USDT
SoDEX WLD-USD
HTX WLD-USDT
Phemex WLDUSDT
Extended WLD-USD
Phoenix WLD
Injective WLD/USDC PERP
Deribit WLD_USDC-PERPETUAL
GMX WLD/USD [ETH-USDC]
BloFin WLD-USDT
Hyperliquid WLD
Kraken Futures PF_WLDUSD
Coinbase International WLD-PERP-INTX