Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.020%

Price spread now: Polymarket Perps against GRVT−0.184%7-day average +0.043% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs−$56as in the Price arb table

costs, in and out, $10k−$330.332% of the position

Long on GRVT Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.060%−$6 on $10k

Price spread, last 3 days (all we have)+0.211%+$21 · spread now −0.184%, 7d avg +0.043%

Together, before fees+0.151%+ Points / potential airdropGRVT: Active · farm board+$15 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 0.227% cheaper against GRVT than usual: you would sell low and buy high, −$23 on $10k if it goes back to its 7-day average of +0.043%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT WLD_USDT_Perp	0.4582	0.0100	pay 0.0100% / 8h	6m 41s	$605K	$1.9M	10x
Short	Polymarket Perps WLD-USD	0.4573	0.0100	get 0.0013% / 1h	6m 41s	$48K	$1.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against GRVT. 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 GRVTbpFee Polymarket PerpsbpOrdersPrice spread, now −0.184%Rate

Funding earned: $0
Price spread: −0.184% → +0.043%: −$22.72
Slippage, 4 orders: −$16.16
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$55.88
Costs to cover: 0.332%
Break-even: never at this rate

Slippage from GRVT: 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 GRVT live order book, 2 min ago	1.09 bp	6.9 bp −$7	33.0 bp −$330	681.9 bp −$68.2K	doesn't fit
Sell Polymarket Perps live order book, 2 min ago	2.51 bp	8.1 bp −$8	8.7 bp −$87	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	−0.0187%	8h	0.4576	−0.121%	$65K	$3.9M	1.7x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4571	−0.232%	$163K	$13K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4575	−0.143%	$122K	$897K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4573	−0.183%	$56K	—	150x	as long as short
KuCoin WLDUSDTM	+0.0004%	8h	0.4567	−0.317%	$6.9M	$11.0M	50x	as long as short
Orderly PERP_WLD_USDC	+0.0035%	8h	0.4572	−0.208%	$28K	$906K	10x	as long as short
Nado WLD-PERP	+0.0037%	1h	0.4572	−0.214%	$275K	$169K	5x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4575	−0.143%	$191K	$1.0M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4571	−0.230%	$53K	$487K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4570	−0.250%	$86.4M	$303.6M	75x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit WLDUSDT	+0.0100%	8h	0.4570	−0.252%	$65.6M	$82.7M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4567	−0.317%	$34.2M	$143.2M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4571	−0.230%	$7.5M	$36.0M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4570	−0.252%	$45.6M	$53.4M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4570	−0.252%	$30.2M	$26.1M	75x	as long as short
BingX WLD-USDT	+0.0100%	8h	0.4570	−0.252%	—	$67.1M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4573	−0.178%	$136K	$283K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4578	−0.081%	$2.0M	$1.7M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4580	−0.031%	$27K	$316K	20x	as long as short
GRVT WLD_USDT_Perplong	+0.0100%	8h	0.4582	long leg	$605K	$1.9M	10x
ApeX Omni WLDUSDT	+0.0100%	1h	0.4579	−0.055%	$55K	$229K	50x	as long as short
Polymarket Perps WLD-USDshort	+0.0100%	1h	0.4573	−0.184%	$48K	$1.6M	10x
SunX WLD-USDT	+0.0100%	8h	0.4577	−0.099%	$23K	$1.5M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4574	−0.165%	$215	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4568	−0.296%	$850K	$1.8M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4574	−0.165%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4571	−0.228%	$231K	$847K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4575	−0.135%	$31K	$5K	3x	as long as short
Phoenix WLD	+0.0104%	1h	0.4592	+0.224%	$5K	$53K	10x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4572	−0.211%	—	—	20x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4577	−0.099%	$4.8M	$822K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0229% / S −0.1268%	1h	0.4572	−0.201%	$5K	—	100x	as long as short
01 Exchange WLDUSD	+0.0264%	1h	0.4576	−0.127%	$327	$77	5x	as long as short
Injective WLD/USDC PERP	+0.0373%	1h	0.4585	+0.076%	$6K	$185K	5.5x	as long as short
Coinbase International WLD-PERP-INTX	+0.0440%	1h	0.4586	+0.097%	$272K	$1.6M	50x	as long as short
Hyperliquid WLD	+0.0496%	1h	0.4578	−0.082%	$50.8M	$43.6M	10x	as long as short
Kraken Futures PF_WLDUSD	+0.0718%	1h	0.4577	−0.094%	$901K	$2.7M	50x	as long as short
Lighter WLD	+0.1288%	1h	0.4581	−0.014%	$5.2M	$2.0M	10x	as long as short